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Conformal Coatings Market worth $2.19 billion by 2031 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., July 3, 2026 /PRNewswire/ — According to MarketsandMarkets™, “Conformal Coatings Market by Type (Acrylic, Silicone, Epoxy, Urethane, Parylene, Other types), By End-use Industry (Consumer Electronics, Automotive, Aerospace & Défense, Industrial, Telecommunication, Other End-use Industries), and Region – Global Forecast to 2031″, The conformal coatings market is projected to grow from USD 1.66 billion in 2026 and to reach USD 2.19 billion by 2031, at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period.

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Conformal Coatings Market Size & Forecast:

Market Size Available for Years: 2022-20312026 Market Size: USD 1.66 billion2031 Projected Market Size: USD 2.19 billionCAGR (2026-2031): 5.7% 

Conformal Coatings Market Trends & Insights: 

The protection of electronic assemblies from environmental hazards such as water, dust, and chemicals is becoming more essential with the increase in demand for electronics. This increase in demand for electronics has led to increased interest in using conformal coatings as a method of improving reliability and lifespan of sensitive electronic components. There is an increasing demand for conformal coatings across all industries including automotive, electronics, aerospace, telecommunications, industrial automation, healthcare and renewable energy, where electronic systems must operate in extreme conditions on a consistent and reliable basis. Manufacturers and end-users are selecting conformal coatings to provide added circuit board protection, reduce maintenance, extend the useful life of products, and minimize product failures due to environmental conditions and electrical degradation. The performance of conformal coatings continues to improve through advancements in coating formulations, selective coatings, UV cure technology, automated dispensing equipment and inspection methods. Enhanced dielectric insulation, thermal stability, chemical resistance, moisture resistance, and mechanical durability provided by these advancements enable coated electronic assemblies to endure extreme temperatures, high humidity, low humidity, vibration, salt fog, and aggressive chemical environments. These improvements are critical for the future of electric vehicles, advanced electronic systems, 5G infrastructure, renewable energy installations, industrial IoT devices and medical electronics, all of which will require operational reliability for an extended period.Asia Pacific accounted for a significant share of 75.1% in 2025.By type, the acrylic segment accounted for 37.5% of the conformal coatings market in 2025.By end-use industry, the automotive segment dominated the market in 2025, with a share of 30.7%.Henkel AG & Co. KGaA (Germany), Illinois Tool Works Inc. (ITW) (US), Shin-Etsu Chemical Co., Ltd. (Japan), and Dow Inc. (US) were identified as star players in the conformal coatings market given their strong share and product footprint.Europlasma NV (Belgium), Specialty Coating Systems Inc. (US), CHT Germany GmbH (Germany), AI Technology, Inc. (US), Master Bond (US), Aculon (US), and Percision Coatings Inc. (US) have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential as emerging market leaders.

Browse in-depth TOC on “Conformal Coatings Market”

280 – Tables
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Conformal coatings are chemical-resistant, thin, solid forms of flexible material, typically applied to electronic assemblies to protect against moisture, dust, limited chemicals, corrosion, temperature fluctuations, and all other possible atmospheric contaminants. The importance of conformal coatings lies in the enhancement of reliability, durability, and life span of electronic components used in the automotive industry, consumer electronics, telecommunications equipment, aerospace/defense systems, industrial automation, medical devices, and renewable energy applications. There are many different chemistries utilized for conformal coatings: acrylic, silicone, polyurethane, epoxy, and parylene. Each type of conformal coating has unique performance properties and capabilities, depending on the application. Coatings can be applied to assemblies by several methods: spraying, dipping, brushing, selective coating, or vapor deposition. If applied correctly, conformal coatings create a thin (0.001 – 0.010 inch), even, protective layer. After application, the coatings are “cured” by one of many ways to achieve the required physical, electrical, and environmental performance properties. Coatings are grouped by chemistry into 5 broad categories: acrylic, silicone, polyurethane, epoxy, and parylene. When correctly applied, conformal coatings prevent electrical-related failures due to corrosion, leaking current, or contamination, thus allowing electronic systems to function reliably in extreme or very harsh environments for extended periods of time.

By type, the silicone segment will witness the fastest CAGR during the forecast period.

The silicone segment is expected to account for the fastest CAGR in the conformal coatings market during the forecast period. The silicone-based formulation provides excellent performance in extreme operating conditions such as very high or low temperatures, high humidity, extreme vibration, and exposure to corrosive chemicals. Silicone conformal coatings are well-suited to protect electronics that operate in these conditions, as they provide excellent thermal stability, flexibility, moisture resistance, and dielectric insulation. The silicone formulation differs from many conventional coating materials because it will maintain its ability to protect electronic assemblies over the entire temperature range rather than degrade as other conventional materials do. Therefore, silicone conformal coatings will continue to be the preferred choice for manufacturers of electronic devices that require long-term protection from these types of damage and to ensure reliable operation when operated in an industrial setting. The demand for silicone conformal coatings will continue to be driven by the increasing deployment of electric vehicles, advanced driver assistance systems (ADAS), renewable energy systems, aerospace electronics, telecommunications infrastructure, and industrial automation equipment. All these applications need added protection from environmental stressors that can cause corrosion, electrical leakage, and premature failure of sensitive electronic components over time. As the trend toward smaller electronic devices continues to grow and power densities increase, the need for a coating material that has durable protective capabilities without hindering performance will also increase. Manufacturers will increasingly recognize the importance of having durable and reliable silicone conformal coatings, and therefore, the silicone conformal coating segment of the conformal coating market is expected to have the highest growth of any type during the forecast period.

By end-use industry, the telecommunication segment will record the fastest CAGR during the forecast period.

The telecommunications segment is expected to account for the fastest CAGR in the conformal coatings market during the forecast period. This is due to the rapid development of 5G networks, fiber optic communication infrastructure, edge computing facilities, and data transmission systems globally. The equipment used in telecommunications now requires increasingly complex electronic assemblies, printed circuit boards, antennas, routers, switches, and base station components that provide reliable service regardless of the weather or other external influences. The use of conformal coatings helps protect these sensitive electronic parts from factors such as humidity, dust particles, rust, saline, chemicals, and temperature variation that could jeopardize network reliability and provide operational efficiency. The increasing number of 5G base stations being installed outdoors, combined with the development of distributed communication networks, has increased the need for more advanced conformal coating solutions that can provide a longer-lasting level of protection from the elements. Furthermore, investments in cloud computing, data center development, IoT connectivity, and next-generation communications technology are increasing the demand for high-reliability electronic products that will have an extended service life. The growing availability of improved coating materials with superior dielectric insulation properties, enhanced thermal stability, and improved environmental resistance is also accelerating the growth of the overall market. Thus, the telecommunications sector is expected to be one of the most rapidly expanding end-user sectors for conformal coatings throughout the forecast period.

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Asia Pacific will record the fastest CAGR during the forecast period.

Asia Pacific is expected to account for the fastest CAGR in the conformal coatings market during the forecast period, as the electronics manufacturing sector continues to grow, automotive production increases, and more investments are made within superior communication infrastructure across the area. Major global suppliers of semiconductors, printed circuit boards (PCBs), consumer electronics, telecommunications equipment, and industrial electronic systems can be found in countries such as China, Japan, South Korea, India, Taiwan, and other Southeast Asian nations. The fact that there has been such an increase in producing these electronic devices means that there will be more demand for conformal coatings to protect electronic components from moisture, corrosion, dust, and chemicals. There is also an increasing number of electric vehicles being produced, along with batteries and ADAS (advanced driver-assisted systems), which are automotive electronics. All these factors will lead to increased use of conformal coating technologies across the industry. In addition, the deployment of 5G networks, expansion of data centers, industrial automation, and investments in renewable energy infrastructure provide significant opportunities for electronic protection. The demand for modern conformal coatings will increase dramatically as the desire for reliability, durability, and performance in electronic assemblies continues to grow. Thus, Asia Pacific will record the highest growth rate of any region in the world conformal coatings market throughout the forecast period.

Key Players

The conformal coatings market comprises major players such as Henkel AG & Co. KGaA (Germany), Illinois Tool Works Inc. (ITW) (US), Shin-Etsu Chemical Co., Ltd. (Japan), Dow Inc. (US), H.B. Fuller (US), Element Solutions Inc (ESI), ALTANA AG (Germany), Chase Corp. (US), Dymax (US), and MG Chemicals (Canada) are covered in the conformal coatings market. Partnerships, acquisitions, and expansions are some of the major strategies adopted by these key players to enhance their positions in the conformal coatings market.

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MiniTool ShadowMaker 5.0 Introduces Cloud Sync for Google Drive and OneDrive

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VANCOUVER, BC, Oct. 22, 2026 /PRNewswire/ — MiniTool® Software Limited has announced the release of MiniTool ShadowMaker 5.0, the latest version of its Windows backup and file sync software. The update introduces a new Cloud Sync feature for Google Drive and OneDrive, along with enhancements to the registration and purchase experience, interface refinements, and compatibility fixes.

New Features and Improvements in MiniTool ShadowMaker 5.0

1. Cloud Sync to Google Drive and OneDrive

MiniTool ShadowMaker 5.0 introduces Cloud Sync, allowing users to synchronize files and folders from a Windows computer to Google Drive or OneDrive. Users can choose the files and folders they want to sync and select their preferred cloud storage service as the destination.

The new feature supports one-way synchronization from a local Windows PC to cloud storage, providing an additional way to save copies of important files outside of your computer. Together with MiniTool ShadowMaker’s existing local file sync function, Cloud Sync expands the available destinations for file sync.

2. Streamlined License & Plan Management

The latest update introduces an enhanced register interface that remains easily accessible even after activation. Registered users can now effortlessly review their current plan, explore upgrade options, or update their license key anytime for a smoother user experience.

These refinements are intended to improve usability when users manage their software registration and licensing.

3. Interface Refinements and Compatibility Fixes

MiniTool ShadowMaker 5.0 includes interface improvements and fixes for certain display issues. One notable fix addresses a blurry display issue that could occur on some systems equipped with AMD GPUs.

These changes focus on resolving specific issues and improving the user experience on affected systems.

4. Additional Improvements

Beyond Cloud Sync and the changes outlined above, MiniTool ShadowMaker 5.0 includes additional interface and functionality refinements. Together, these updates further improve the software’s usability while expanding its file synchronization options.

With support for Google Drive and OneDrive, MiniTool ShadowMaker 5.0 provides Windows users with another approach to manage file copies across local and cloud storage. Users who want to synchronize files to cloud storage can download the Free Edition and explore the new capabilities.

About MiniTool ShadowMaker

MiniTool ShadowMaker is a Windows backup and file sync solution designed to help users protect their operating systems and important data. It supports backing up Windows systems, disks, partitions, files, and folders to local drives, external hard drives, shared folders, and other supported locations. Users can select specific items to back up according to their needs.

For users who need to migrate data to another drive, MiniTool ShadowMaker offers a disk cloning feature. The software also supports restoring backed-up data and creating bootable media for system recovery.

By combining backup, file synchronization, disk cloning, and restore capabilities, MiniTool ShadowMaker offers Windows users a set of tools for data protection and system recovery.

About MiniTool® Software Limited

MiniTool Software Limited is a professional software company that develops computer applications. It provides software for partition management, data recovery, data backup and sync, video editing, multimedia conversion, and screen recording for home and business users. The company is committed to developing innovative, reliable, and easy-to-use software that simplifies everyday digital tasks.

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SOURCE MiniTool® Software Limited

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Rocket Companies to Announce Third Quarter 2026 Results on October 29, 2026

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DETROIT, Oct. 22, 2026 /PRNewswire/ — Rocket Companies, Inc. (NYSE: RKT) (“Rocket Companies” or “the Company”), the Detroit-based homeownership platform, today announced that the Company will issue its third quarter 2026 earnings on October 29, 2026. Leadership will host a conference call to discuss results at 4:30 p.m. ET on that date. A press release detailing the Company’s results will be issued prior to the call.

A live webcast of the event will be available on the “Events & Presentations” section of the Company’s Investor Relations website at ir.rocketcompanies.com. A replay of the webcast will be available on the Investor Relations website following the event.

About Rocket Companies

Founded in 1985, Rocket Companies (NYSE: RKT) is a Detroit-based homeownership platform including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Rocket Close, Rocket Money and Rocket Loans.

With insights from more than 160 million calls with clients each year, more than 30 petabytes of data and a mission to Help Everyone Home, Rocket Companies is well positioned to be the destination for AI-fueled homeownership.

For more information, please visit the Company’s Corporate website or Investor Relations website.

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SOURCE Rocket Companies, Inc.

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Lunai Bioworks Announces Receipt of Nasdaq Determination and Intention to Voluntarily Delist and Deregister

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SACRAMENTO, Calif., Oct. 22, 2026 /PRNewswire/ — Lunai Bioworks Inc. (Nasdaq: LNAI) (the “Company”) announced that on October 21, 2026, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company no longer complies with Nasdaq Listing Rule 5550(b)(1), which requires minimum stockholders’ equity of $2,500,000. The Company reported a stockholders’ deficit of $(9,024,946) in its Annual Report on Form 10-K for the fiscal year ended June 30, 2026, and does not meet the alternative market value of listed securities or net income standards. Because the Company is subject to a mandatory Hearings Panel Monitor under Nasdaq Listing Rule 5815(d)(4)(B), Nasdaq staff determined to delist the Company’s securities. Trading in the Company’s common stock on Nasdaq is expected to be suspended at the opening of business on October 30, 2026.

The Company will not request a hearing. Rather than contest the staff determination, the Company’s Board of Directors approved on October 22, 2026 the voluntary withdrawal of the Company’s common stock from listing on Nasdaq under Rule 12d2-2(c) under the Securities Exchange Act of 1934, as amended. The Board took this action because of the staff determination and the Company’s financial condition, and concluded that the cost of continued listing and SEC reporting is not justified.

The Company notified Nasdaq of its intention on October 22, 2026. The Company intends to file a Form 25 with the Securities and Exchange Commission (the “SEC”) on or about November 2, 2026, and expects the delisting to become effective on or about November 12, 2026. The Company then intends to file a Form 15 to suspend its SEC reporting obligations, to the extent it is eligible to do so. The Company’s SEC reporting obligations will continue unless and until they are terminated or suspended in accordance with the SEC’s rules.

The Company does not intend to arrange for quotation of its common stock on any over-the-counter market and cannot assure that any trading market for its common stock will exist after trading on Nasdaq is suspended.

Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the expected suspension of trading, the expected timing of the Form 25 and Form 15 filings, and the expected timing of delisting and deregistration. Actual results may differ materially due to risks and uncertainties, including Nasdaq and SEC procedures and the Company’s financial condition. The Company undertakes no obligation to update these statements, except as required by law.

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SOURCE Lunai Bioworks Inc.

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