Conformal Coating Stripper Market Poised To Grow Owing To Rising Usage Of Electronics In Automotive Industry

 

Conformal Coating Stripper Market

The conformal coating stripper market deals with chemicals used for removing protective conformal coatings from printed circuit boards and other electronics. Conformal coating is applied on circuit boards to protect them from moisture, chemicals, dust and other environmental factors. With the growing usage of electronic components in automobiles for assisted driving, infotainment and connectivity features, the demand for conformal coating strippers is increasing.


Global conformal coating stripper market is estimated to be valued at US$ 11.72 Mn in 2024 and is expected to exhibit a CAGR of 4.2% over the forecast period 2024 to 2030. The increase in electronic content per vehicle and transition towards electric vehicles is driving the need for conformal coating strippers. Conformal coatings help protect delicate electronic components from vibration, moisture, dust and other automotive-specific environmental stresses. Strippers are needed to remove the coatings during repair or modification of printed circuit boards.

Key Takeaways

Key players operating in the conformal coating stripper market are Seqirus, GlaxoSmithKline plc, Sanofi, AstraZeneca, FluGen, Inc., Moderna, Inc., Biocryst Pharmaceuticals, Inc., CPL Biologicals Pvt. Ltd., CureVac AG, OSIVAX, and Solaris Vaccines. These companies are focusing on developing innovative and environment friendly strippers through extensive R&D.

The growing electronic content in vehicles presents significant opportunities for conformal coating stripper manufacturers. As vehicles become more connected with advanced driver assistance and infotainment systems, the complexity of electronic components is increasing exponentially. This is expected to drive higher demand for strippers during repair and maintenance.

Major players are actively expanding their geographic presence by setting up manufacturing and distribution networks globally. North America and Europe currently dominate the market due to presence of largest automotive industry. However, emerging economies of Asia Pacific are expected to offer lucrative growth opportunities with rapidly growing automobile production in countries like China and India.

Market Drivers

One of the major driver for the Conformal Coating Stripper Market Demand is increasing electronic content in automobiles. Modern vehicles now have dozens of electronic control units for functions like engine management, assisted driving, connectivity and infotainment. This extensive usage of electronics makes conformal coatings indispensable for protection against environmental factors.

Market Restrain

One of the key restraint for the conformal coating stripper market is the presence of substitutes. Alternative protective coatings like parylene and silicone conformal coatings do not require strippers for removal during repair. Some automakers are also evaluating if conformal coatings can be replaced completely through robust circuit board designs and packaging. This can hamper the demand for strippers.

Segment Analysis
Conformal Coating Stripper market is divided into two key segments - Flame Spraying Coatings and Hot Dip Coatings. Flame spraying coatings dominate the overall market as it accounts for over 60% of market share. Flame spraying conformal coating stripper is preferred as it provides high adhesion strength to remove tough coatings quickly without damaging electronic components.

Global Analysis
Asia Pacific region dominates the global conformal coating stripper market with over 35% share and is expected to witness fastest growth during the forecast period. Rapid industrialization and increase in electronics production in China, India, Taiwan and South Korea is driving the market growth. North America is second largest region due to large presence of semiconductor and electronics manufacturers. Europe and Latin America are other significant markets however growth is expected to be moderate during forecast period.

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