Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 25.31 Billion | USD 48.11 Billion | 7.4% | 2023 |
The global electrically conductive coating market size was worth around USD 25.31 billion in 2023 and is predicted to grow to around USD 48.11 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.4% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The report covers a forecast and an analysis of the Electrically Conductive Coating market on a global and regional level.
The electrically conductive coating is a coating that is used for prevention of static electric charges that is accumulated; this accumulation reduces the surface resistance. The widely used electrically conductive coating is epoxy. The benefits of using the epoxy conductive coating are it is resistant to the weather conditions, it has favorable durability, and enhanced mechanical properties. The epoxy coatings are light in weight and thus has replaced the use of metals such as copper in the solar, aerospace, consumer electronics, automotive, bioscience, and others.
The key factors that are driving the electrically conductive coating market are the rising demand from the solar sector and the consumer electronic displays for the electrically conductive coating. The other factors that are contributing to the market growth are rapid urbanization in different regions, rapid industrialization, increasing per capita income, and the increase in the employment rate is driving the growth of the market. The consumer electronics and the semiconductor industries are growing on a large scale which in turn is driving the demand for the electrically conductive coatings.
The increasing demand for the appliances such as laptops, LCD televisions, and tablets are increasing the manufacturing of the consumer electronics market which in turn fuels the market growth of electrically conductive coating market. There are factors that are restraining the market growth such as the harmful emissions that are emitted such as HAPs and VOCs cause harmful effects on the environment and the initial capital cost is also high, thus affecting the market growth in a negative way.
The electrically conductive coating market is segmented globally into its material type, application, and regions.
On the basis of the material type, the global market is segregated into epoxy, acrylics, polyesters, polyurethanes, and others.
Based on the application, the market is categorized into consumer electronic displays, automotive, bioscience, solar industry, aerospace, and others.
Region-wise, the global electrically conductive coating market is diversified into Asia-Pacific, Europe, North America, and Rest of the World.
Report Attributes | Report Details |
---|---|
Report Name | Electrically Conductive Coating Market |
Market Size in 2023 | USD 25.31 Billion |
Market Forecast in 2032 | USD 48.11 Billion |
Growth Rate | CAGR of 7.4% |
Number of Pages | 218 |
Key Companies Covered | Henkel AG & Company, Axalta Coating Systems, The PPG Industries Inc., Akzo Nobel N.V., and Creative Materials Inc |
Segments Covered | By material type, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The region that dominates the electrically conductive coating market is the North America. The factors that contributed the market growth in the North American region include the increase in the disposable income and the rise in the employment rate. The region that follows North America is Europe. The increase in the production of the consumer electronics is the key factor that is driving the electrically conductive coating market in the European region. The Asia Pacific region also holds a good share in the global market owing to the growth of the semiconductor and consumer electronics industries.
The major market players in the electrically conductive coating market include:
By Material Type
By Application
Global Electrically Conductive Coating Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
The electrically conductive coating is a coating that is used for prevention of static electric charges that is accumulated; this accumulation reduces the surface resistance.
According to study, the Electrically Conductive Coating Market size was worth around USD 25.31 billion in 2023 and is predicted to grow to around USD 48.11 billion by 2032.
The CAGR value of Electrically Conductive Coating Market is expected to be around 7.4% during 2024-2032.
North America has been leading the Electrically Conductive Coating Market and is anticipated to continue on the dominant position in the years to come.
The Electrically Conductive Coating Market is led by players like Henkel AG & Company, Axalta Coating Systems, The PPG Industries Inc., Akzo Nobel N.V., and Creative Materials Inc.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed