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Home > News > Paint & Coating News > By 2025, the market size of EPD coatings will exceed 20 billion US dollars

By 2025, the market size of EPD coatings will exceed 20 billion US dollars

ECHEMI 2020-02-05

According to the latest research report of global market insights, Inc., the market size of coatings for electronic protection equipment will exceed 20 billion US dollars by 2025. Electronic protection equipment coating is a polymer that can be applied to printed circuit boards (PCBs) in thin layers to achieve electrical insulation and protect components from environmental pressure (such as moisture, chemicals, dust, debris, etc.). These coatings can be applied by various technologies, mainly brush, dip, manual spray or automatic spray coating online coatingol.com. In the past few years, the coating market of electronic protection devices has been mainly driven by the increase in the use of portable electronic equipment, the increase in the demand for automotive electronic applications and the reduction in the size of printed circuit boards.It is expected that the market will become more diversified in the forecast period, as these coated electronic products can provide arrays of various sizes and shapes, including complex panels, large mainboards, micro PCBs and flexible circuits.


These coatings are used in various industries, such as automobile, consumer electronics, medical, avionics, military, industrial machinery control, aerospace, etc. The EPD coating report considers various materials (chemicals), such as acrylic, silicone, polyurethane, epoxy and other materials (p-xylene, rubber, synthetic rubber, fluoropolymers). The choice of coating used depends on application, operating temperature, curing time, moisture resistance, etc. According to the market scale of EPD coatings in the United States from 2014 to 2025, acrylic acid is the most commonly used coating for electronic protection equipment in the electronic protection industry (nearly 70-75%) by end-user (million US dollars), because compared with other chemicals, it is cheaper and has good environmental protection performance. They are widely used in PCB coatings for consumer electronics, home appliances and white home appliances. Moreover, they have a wide range of work, and can adhere to a variety of substrates, such as LED boards, generators, relays, mobile phones, avionics and so on.


By the end of the forecast period, due to the strong demand for computers, laptops, smart phones and other household electronic products, the market size of acrylic coatings for electronic protection in the United States was 520 million US dollars. Polyurethane coating is another kind of coating for electronic protection equipment, which has excellent chemical resistance and protection performance in harsh environment. They can also maintain flexibility at low temperatures and can be used wisely on a variety of substrates, such as PCB, generators, fire alarm components, automotive electronics, motors, transformers, etc. By 2025, the global market of polyurethane coatings for electronic protection devices is expected to reach nearly 800 million US dollars. Epoxy coating is another important type for electronic protection, such as electrical connector, relay, marine industry, agriculture, mining, etc. Epoxy coating is very hard, with good moisture resistance and excellent chemical resistance. Silicone coating is used for high temperature application to prevent moisture, dust and corrosion. These coatings can be used in automotive electronics, oil and gas, transformer industries and high temperature environments. In other cases, p-xylene coating is mainly used for aerospace and defense applications in satellites and spacecraft as well as medical equipment. Automobile is one of the fastest growing applications in the coating market of electronic protection equipment, because the market is mainly driven by the increased demand for safety and comfort functions, the growth of luxury car sales (especially in developing economies) and the rapid development of Technology (requiring a large number of electronic products).


It is estimated that by 2024, due to the electrification of the automobile industry (especially the innovation of electric and hybrid vehicles), the recovery of European market (mainly Russia and Ukraine), and the stable demand of Asian countries (especially India and Malaysia), the global automobile market will reach more than 110 million vehicles. In general, the demand for coatings for electronic protection equipment is expected to increase by 4-5% per year up to the forecast period of automobile application. Asia Pacific region is the largest coatings market for electronic protection equipment, with almost 80% to 90% of PCB manufacturing in China, Japan, South Korea, Taiwan, Singapore and other countries. The Asia Pacific region is expected to become the fastest growing market due to the increased demand for intelligent electronic equipment, the stable demand for white household appliances and the development of industrialization. In addition, due to the availability of low-cost raw materials and cheap skilled labor, global companies are turning their attention to low-cost countries such as Malaysia, Thailand and Vietnam to establish manufacturing bases. The main participants in the coating of electronic protection equipment are HB Fuller, Henkel, DYMAX, Electrolube, Datong electronic coating, 3M, ELANTAS, Mg chemicals, etc. 

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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