Electrically Conductive Coating Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Electrically Conductive Coating Market Analysis
The market for electrically conductive coating is expected to register a CAGR of approximately 6% during the forecast period.
- The rising number of applications for anti-static protection and growing demand from electrical and electronics are driving the market growth.
- Toxic nature and government regulations on environmentally damaging products are expected to hinder the market's growth.
Electrically Conductive Coating Market Trends
This section covers the major market trends shaping the Electrically Conductive Coating Market according to our research experts:
Growing Demand from Electrical and Electronics
- Electrically conductive coatings are used for anti-static protection and electromagnetic shielding of electronic equipment. Electrically conductive coatings especially find their application in electronics and the aerospace sector, among others.
- Electrically conductive coatings use different types of various materials, such as acrylics, epoxy, and polyesters. Among these, epoxies are scratch-resistant and used for strong chemical resistance, abrasion and impact resistance, and high durability.
- Acrylics are the most common coating types that are used on electronics, satellite dishes, and electronic-board level applications.
- Pigments, combined with chemistries, offer better shielding to electronics and electro-medical apparatus that emit electromagnetic waves. These materials are majorly used to prevent electro-static and electromagnetic interferences (EMI).
- Increasing technological advancements in electronics, growing demand for safety electronic boards, growing demand from the construction and aerospace sectors, are expected to drive the market for electrically conductive coatings through the coming years.
Asia-Pacific to Dominate the Market
- Asia-Pacific is expected to dominate the overall market, owing to the highly developed electronics sector in China, Japan, and South Korea, coupled with the continuous investments done in the region to advance the aerospace and automotive technology sectors through the years.
- The demand for electronics, such as mobiles, televisions, tablets, keyboards, and laptops, has been significantly increasing due to the adoption of technological improvements in the region. China, Japan, and Taiwan host a large number of electronic manufacturing plants in the region.
- Recently, the use of electric vehicles in Asia-Pacific has been increasing due to the supporting government policies and growing investments. Hence, the demand for electrically conductive coatings from the automobile sector is increasing.
- According to GFU Consumer & Home Electronics, Asia-Pacific leads the global consumer electronics sales market. China, Vietnam, and Taiwan have electronic manufacturing units and majorly export electronic goods to other countries.
- The increasing electric vehicles market, growing electrical technology, and expansions in the aerospace and defense sectors are expected to drive the market for electrically conductive coatings through the coming years.
Electrically Conductive Coating Industry Overview
The electrically conductive coating market is partially consolidated in nature, with a few major players dominating a significant portion of the market. Some of the major companies are Akzo Nobel NV, Henkel AG & Co. KGaA, Sherwin-Williams, PPG Industries Inc., and Axalta Coating Systems.
Electrically Conductive Coating Market Leaders
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Akzo Nobel NV
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Henkel AG & Co. KGaA
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Sherwin-Williams
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PPG Industries Inc.
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Axalta Coating Systems
*Disclaimer: Major Players sorted in no particular order
Electrically Conductive Coating Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Rising Applications for Anti-static Protection
- 4.1.2 Growing Demand from Electrical and Electronics
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4.2 Restraints
- 4.2.1 Toxic Nature and Associated Environmental Effects
- 4.2.2 Other Restraints
- 4.3 Industry Value Chain Analysis
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4.4 Porters Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Acrylics
- 5.1.2 Epoxy
- 5.1.3 Polyesters
- 5.1.4 Polyurethanes
- 5.1.5 Other Types
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5.2 Material Type
- 5.2.1 Copper
- 5.2.2 Aluminum
- 5.2.3 Silver
- 5.2.4 Other Material Types
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5.3 Application
- 5.3.1 Electronics and Electrical
- 5.3.2 Automotive
- 5.3.3 Aerospace and Defense
- 5.3.4 Other Applications
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5.4 Geography
- 5.4.1 Asia-Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 Rest of Asia-Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 France
- 5.4.3.4 Italy
- 5.4.3.5 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle-East and Africa
- 5.4.5.1 Saudi Arabia
- 5.4.5.2 South Africa
- 5.4.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%)/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 Akzo Nobel NV
- 6.4.2 Axalta Coating Systems
- 6.4.3 Creative Materials Inc.
- 6.4.4 Henkel AG & Co. KGaA
- 6.4.5 Holland Shielding System BV
- 6.4.6 MG Chemicals
- 6.4.7 Parker-Hannifin Corporation
- 6.4.8 PPG Industries Inc.
- 6.4.9 RS Coatings
- 6.4.10 Sherwin-Williams
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Demand from Aerospace and Defense Sectors
- 7.2 Other Opportunities
Electrically Conductive Coating Industry Segmentation
The scope of the electrically conductive coating market report includes:
| Type | Acrylics | |
| Epoxy | ||
| Polyesters | ||
| Polyurethanes | ||
| Other Types | ||
| Material Type | Copper | |
| Aluminum | ||
| Silver | ||
| Other Material Types | ||
| Application | Electronics and Electrical | |
| Automotive | ||
| Aerospace and Defense | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Electrically Conductive Coating Market Research FAQs
What is the current Electrically Conductive Coating Market size?
The Electrically Conductive Coating Market is projected to register a CAGR of less than 6% during the forecast period (2024-2029)
Who are the key players in Electrically Conductive Coating Market?
Akzo Nobel NV, Henkel AG & Co. KGaA, Sherwin-Williams, PPG Industries Inc. and Axalta Coating Systems are the major companies operating in the Electrically Conductive Coating Market.
Which is the fastest growing region in Electrically Conductive Coating Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Electrically Conductive Coating Market?
In 2024, the Asia Pacific accounts for the largest market share in Electrically Conductive Coating Market.
What years does this Electrically Conductive Coating Market cover?
The report covers the Electrically Conductive Coating Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Electrically Conductive Coating Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Electrically Conductive Coating Industry Report
Statistics for the 2024 Electrically Conductive Coating market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Electrically Conductive Coating analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
