Regional Analysis:
Regionally, the global
market has been segmented into five regions, namely, Asia-Pacific, North
America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global Conformal
Coatings Market in 2017 due to the
high demand for paints & coatings in automotive, aerospace, construction,
and marine industries. The rapid industrialization and urbanization in the
region are the primary factor affecting the growth of the Conformal Coatings
Market.
The demand from the paints & coationgs, aerospace, defence,
consumer goods, and electronics industries is driving the market in the North
Ameican region.
European market is
primarily driven by the high demand for paints & coatings in automotive
industries in countries such as Germany, UK, France, and Italy.
Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/7078
Market
Overview:
The global Conformal Coatings Market has been segmented by
product, application, and region.
By product, the global Conformal
Coatings Market has been segmented into strontium carbonate, strontium sulfate,
strontium nitrate, strontium chlorates, and others. Among these, the strontium
carbonate accounted for major market share in 2017 owing to the growing demand
for strontium carbonate in paints & coatings industry for glossy shine and
essence as well as in medical industry for treating osteoporosis. It is used as
oxidizer and colorants in pyrotechnics applications, which is another factor
fueling the demand for strontium. The major factor driving the demand for
strontium carbonate is its low cost.
Based
on application, the market has been segmented into electrical &
electronics, paints & coatings, personal care, pyrotechnic, refining,
dental care, and others. The paints & coatings segment accounted for a
major market share in 2017 on account of the high demand for paints &
coatings in major end-use industries such as aerospace, automotive,
construction, consumer electronics, marine, and ship-building.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/strontium-market-7078
No comments:
Post a Comment