Electrically Conductive Coatings Market: Global Industry Analysis and Forecast (2024-2030)

Electrically Conductive Coatings Market size was valued at US$ 23.36 Bn. in 2023 & the total revenue is expected to grow at a CAGR of 7.37% through 2024 to 2030, reaching nearly US$ 38.43 Bn. by 2030.
Electrically Conductive Coatings Market Overview:
The demand for electrical conductive coatings is growing as mobile & consumer devices become more common. Polyesters, polyurethanes, epoxy, & acrylics are some of the components used in these coatings. Because of its exceptional mechanical qualities, durability, & weather ability, epoxy is one of the most commonly used materials. In industries like solar, aerospace, consumer electronics, bioscience & automotive, these coatings are utilised to substitute metals. Acrylics are becoming more popular as a result of their low cost & superior conductivity & moisture resistance.

The worldwide electrical conductive coatings market is also benefiting from economic factors like increased urbanization & industrialization, as well as rising per capita income. The rise of the consumer electronics sector is having a beneficial impact on market growth. Smart phones, computers, calculators, radios, LCDs, electronic displays, & touch panels all use electrical conductive coatings in this industry. These coatings are also useful as thin layers to plastic housings & cases to allow static charge dissipation and EMI shielding.To know about the Research Methodology:- Request Free Sample Report

The global market for electrical conductive coatings is very competitive. The industry is very competitive due to the presence of a significant number of regional competitors. To broaden their offerings, the majority of leading competitors in the global electrical conductive coatings market are relying on methods like new product releases & technical innovation. To stay ahead in the global arena, market participants are anticipated to take advantage of the enormous potential presented by developing regions.

Special procedures are used to create electrically conductive coatings. Anti-static polymer, which is part of the powder polymer formulations family, can be treated or coated with electrically conductive polymers to achieve excellent electrical conductive qualities. The electrostatic method of coating application permits for proper flow and convenience of usage by carefully designing the conductive material ratios, making it suitable for paint release, office automation, & chemical processes. Curing temperatures for conductive powder coatings range from 330°C to 380°C. They are put on top of the priming coat that goes with it. Conductive coatings on surfaces provide a unique set of features that improve product performance, especially in extreme environmental situations when many other polymers might fail.

Polymeric derivatives & conducting filler dispersed variations are the two most common types of electrically conductive coatings. Shielding of EMI & RFI effects, electronics, packaging, & electrode material domains are only a few of their uses. Non-conductive substrates, like polymers, ceramics, plastic resin are typically coated with electrically conductive coatings to assist impart conductive qualities to the surfaces of insulating components. These coatings can also be applied to less conductive metallic substrates to generate a conductive path on the exterior & aid in the production of components made of expensive conductive, like static viscous dissipation elements, heating elements, ground straps, slip rings, flexible circuit design, contact points, and commutator segments. Electrically conductive coatings are placed as thin layers of coating on capacitors & ceramic surfaces during the electrolysis process. Unevenness of the conductive fillers owing to insufficient mixing, formation of cracks on the coating & the base material due to an incompatible solution, & whitening of the surfaces in hot & humid settings are all major downsides of this product.
Electrically Conductive Coatings Market Dynamics:
The global electrical conductive coatings market is majorly driven by the recent increase in supply for electronic displays & solar products. Consumer electronics are a rapidly expanding market segment. Electromagnetic interference shielding & static charge dissipation are provided by electrically conductive coatings in display screens, LCD, display devices, laptops, mobile phones, radios, calculators, and pagers. By the end of 2023, this market is anticipated to be worth USD 20 Bn globally. Increased demand in major economies such as India, China, the U.S, Germany, France, & Brazil is expected to widen the worldwide consumer base for electronics & semiconductors in the next decades, raising the demand for conductive coatings. The initial capital required for the equipment, as well as the increasingly rigorous environmental rules on air pollutants & volatile hazardous compounds generated during the coating processes, are major limitations for the electrically conductive coatings market.
Electrically Conductive Coatings Market Regional Overview:
In the development & processing of conductive coatings, the U.S is a market leader. The APAC region is a substantial & fast expanding market for electrical conductor coatings, with China as the leading nation & India experiencing strong economic growth & industrialization. Akzonobel, Axalta Coating Systems, Henkel AG & Company, PPG Industries Inc., & Creative Materials Inc. are all major global manufacturers of electrically conductive coatings. The market for electrically conductive coatings has been driven by technical advances in the consumer electronics sector & bioscience. Globally, the market for electrical conductive coatings is expected to grow due to an increase in end-use applications.

The objective of the report is to present a comprehensive analysis of the Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Market dynamics, structure by analyzing the Market segments and project the Market size. Clear representation of competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies, and regional presence in the Market make the report investor’s guide.
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Global Electrically Conductive Coatings Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 23.36 Bn.


Forecast Period 2024 to 2030 CAGR:
7.37%
Market Size in 2030:
US $ 38.43 Bn.


 Segments Covered:
by Type
Epoxy
Polyurethanes
Polyesters
Acrylics


by Application
Consumer Electronic Displays
Solar Industry
Automotive
Aerospace
Bioscience



Electrically Conductive Coatings Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Electrically Conductive Coatings Market, Key Players are
1. Akzo Nobel NV
2. Axalta Coating Systems
3. Creative Materials Inc.
4. Henkel AG & Co. KGaA
5. Holland Shielding System BV
6. MG Chemicals
7. Parker-Hannifin Corporation
8. PPG Industries Inc.
9. RS Coatings
10. Sherwin-Williams.
11. BYK Additives & Instruments
12. Dymax
13. Hitachi Chemical
14. Indium Corporation
15. KYOCERA Chemical
16. Specialty Coating Systems

Frequently Asked Questions:

1. Which region has the largest share in Global Electrically Conductive Coatings Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Electrically Conductive Coatings Market?
Ans: The Global Electrically Conductive Coatings Market is growing at a CAGR of 7.37% during forecasting period 2024-2030.

3. What is scope of the Global Electrically Conductive Coatings Market report?
Ans: Global Electrically Conductive Coatings Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Electrically Conductive Coatings Market?
Ans: The important key players in the Global Electrically Conductive Coatings Market are – Akzo Nobel NV, Axalta Coating Systems, Creative Materials Inc., Henkel AG & Co. KGaA, Holland Shielding System BV, MG Chemicals, Parker-Hannifin Corporation, PPG Industries Inc., RS Coatings, Sherwin-Williams., BYK Additives & Instruments, Dymax, Hitachi Chemical, Indium Corporation, KYOCERA Chemical, and Specialty Coating Systems

5. What is the study period of this Market?
Ans: The Global Electrically Conductive Coatings Market is studied from 2023 to 2030.