The Worldwide Automotive Conformal Coatings Industry is Projected to Reach $2.7 Billion by 2025
Share this article Share this article ResearchAndMarkets.com's offering. The global automotive conformal coatings market is projected to reach USD 2.7 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 8.7%. The growth of this market is primarily driven by the increasing automotive electronics in vehicles and various technological advancements in the application method of conformal coating. With progression in time, the COVID-19 impact has severely disrupted the supply chain for the entire automotive ecosystem. This has halted production facilities across the globe resulting in a di...
Source: prnewswire.com