Market Highlights
Electrically Conductive Coatings refer to a category of coatings or films that exhibit electrical conductivity. These coatings are formulated with materials that allow the flow of electric current across their surfaces. The primary purpose of electrically conductive coatings is to provide specific electrical properties to surfaces, making them suitable for various applications in different industries. The conductivity can be achieved through the inclusion of conductive materials such as metals, metal oxides, or conductive polymers in the coating formulation.
Electrically conductive coatings witnessed a colossal decline amid the pandemic. However, the industry is gradually rebounding in the year 2021 with the ramp-up in consumer confidence. furthermore, economic reopening, supply chain stabilization, and automotive sector improvements are likely to give impetus to the demand for conductive coatings. Overall, the electrically conductive coatings market is likely to rebound at a promising CAGR of 8.1% in the long run.
Market Segment Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Type Analysis
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Epoxy, Polyesters, Acrylics, and Polyurethanes
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Acrylic is anticipated to be the fastest-growing type during the study period.
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Application-Type Analysis
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Consumer Electronic Displays, Solar Industry, Automotive, Aerospace, and Bioscience
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Consumer electronics is anticipated to remain the biggest demand generator for electrically conductive coatings in the years to come.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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Asia-Pacific is expected to remain the largest as well as the fastest-growing market over the next five years.
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Based on the type, the electrically Conductive coatings market is segmented into epoxy, polyesters, acrylics, and polyurethanes. With the lowest decline in the demand for conductive coatings by the pandemic, acrylic is expected to remain the fastest-growing type in the market during the forecast period owing to the flexibility and versatility in terms of formulation. They can be designed to adhere to a variety of surfaces, including plastics and glass, making them suitable for a wide range of applications in the consumer electronics sector where different materials are used.
Based on the application type, the market is segmented into consumer electronic displays, solar industry, automotive, aerospace, and bioscience. Consumer electronics is expected to remain the dominant as well as the fastest-growing application in the market during the forecast period. The consumer electronics market is continuously expanding with the introduction of new devices and technologies. As a result, there is a consistently high demand for electrically conductive coatings to support the production of these devices.
In terms of regions, Asia-Pacific is expected to remain the market as well as the fastest-growing market for electrically conductive coatings during the forecast period. This region is home to some of the largest and fastest-growing electronics markets in the world, including China, Japan, South Korea, and Taiwan. The region has become a manufacturing hub for electronic devices, ranging from consumer electronics to industrial equipment. The high demand for electrically conductive coatings in the production of electronic components contributes to the dominance of the region.
Key Players
The following are the key players in the electrically Conductive coatings market:
- 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
Research Methodology
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s electrically Conductive coatings market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for existing and new players
- Key success factors
The electrically conductive coatings market is segmented into the following categories.
Electrically Conductive Coatings Market, by Type
- Epoxy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polyesters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Acrylics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polyurethanes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Electrically Conductive Coatings Market, by Application Type
- Consumer Electronic Displays (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Solar Industry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Bioscience (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Electrically Conductive Coatings Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
