Conductive Polymer Coatings Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Conductive Polymer Coatings Market Analysis
The market for conductive polymer coatings is expected to grow at a CAGR of more than 5% during the forecast period.
- One of the key factors driving market is Growing demand from the electrical and electronic industry along with high growth in the solar industry.
- Asia-Pacific is estimated to dominate the market with the largest consumption coming from China.
Conductive Polymer Coatings Market Trends
This section covers the major market trends shaping the Conductive Polymer Coatings Market according to our research experts:
Electrical and Electronic Industry is Expected to Dominate the Market
- Conductive polymer coatings are developed using the organic polymer materials that conduct electricity. The optical and electrical properties of these polymers can be fine-tuned by advanced dispersion and organic synthesis techniques to develop high performance coatings, especially for electronics.
- The conductive polymer coatings find application in sensors, capacitors, actuators along with corrosion resistance applications in electrical storage devices and organic solar cells. They are also used for medical-device applications where electrode sensitivity and signal fidelity are critical such as Electrophysiology mapping devices, Rehabilitation wearables along with Health and fitness monitoring devices.
- The conductive polymer coatings are also extensively used in electrical and electronics industry. These coatings are viable alternative for hazardous heavy metal coatings in the electronic devices as they are less toxic and less damaging to environment as compared to metals. Due to these advantages they are extensively used for transparent conductive applications like flat screen displays for computers, mobile phones, tablets, and other screens. Huge demand for these devices is fueling the growth of conductive polymer coatings market in the electrical and electronics industry.
Asia-Pacific to Witness Significant Growth
Asia Pacific is expected to grow significantly during the forecast period while North America is also expected to experience healthy growth. Rising demand of LCD, phone, computers, calculators, and other electronic products is paving the growth for conductive polymer coatings market. China is the world largest electronics manufacturing hub due to their established supply chain and low manufacturing costs which is supporting large consumption of conductive polymer coatings in the region. Another Asian giant India is one of the largest electronics markets in the world which is anticipated reaching USD 400 billion by 2025 and its Consumer Electronics and Appliances Industry is expected to become fifth-largest in the world by 2025. The solar industry growth is also adding to the expansion of conductive polymer coatings market in the region. These will contribute to the high growth of conductive polymers market in the Asia-Pacific. Asia-Pacific is followed by North America in the consumption of conductive polymer owing to presence of huge medical device industry in the region.
Conductive Polymer Coatings Industry Overview
The market studied is consolidated in nature. Some of the key players in the market include Heraeus Holding, PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company, AnCatt Inc., among others.
Conductive Polymer Coatings Market Leaders
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Heraeus Holding
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PPG Industries, Inc.
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Akzo Nobel N.V.
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The Sherwin-Williams Company
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AnCatt Inc.
*Disclaimer: Major Players sorted in no particular order
Conductive Polymer Coatings Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Growing Demand from Electrical and Electronics
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4.1.2 High Growth in Solar Industry
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4.2 Restraints
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4.2.1 Impact of COVID-19 Outbreak
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4.2.2 Other Restraints
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4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 By End-User Industry
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5.1.1 Electrical & Electronics
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5.1.2 Energy
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5.1.3 Textile
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5.1.4 Medical & Healthcare
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5.1.5 Others
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5.2 Geography
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5.2.1 Asia-Pacific
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5.2.1.1 China
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5.2.1.2 India
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5.2.1.3 Japan
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5.2.1.4 South Korea
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5.2.1.5 Rest of Asia-Pacific
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5.2.2 North America
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5.2.2.1 United States
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5.2.2.2 Canada
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5.2.2.3 Mexico
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5.2.3 Europe
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5.2.3.1 United Kingdom
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5.2.3.2 France
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5.2.3.3 Germany
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5.2.3.4 Italy
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5.2.3.5 Rest of Europe
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5.2.4 Rest of the World
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 AkzoNobel
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6.4.2 AnCatt Inc.
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6.4.3 Axalta Coating Systems, LLC
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6.4.4 Creative Materials Inc.
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6.4.5 Henkel Corporation
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6.4.6 Heraeus Holding
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6.4.7 NSC Asia Pacific Pte Ltd
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6.4.8 PPG Industries, Inc.
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6.4.9 Shin-Etsu Chemical Co
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6.4.10 The Sherwin-Williams Company
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Conductive Polymer Coatings Industry Segmentation
The Conductive Polymer Coatings Market Report Includes:
| By End-User Industry | |
| Electrical & Electronics | |
| Energy | |
| Textile | |
| Medical & Healthcare | |
| Others |
| Geography | |||||||
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| Rest of the World |
Conductive Polymer Coatings Market Research FAQs
What is the current Conductive Polymer Coatings Market size?
The Conductive Polymer Coatings Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Conductive Polymer Coatings Market?
Heraeus Holding, PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company and AnCatt Inc. are the major companies operating in the Conductive Polymer Coatings Market.
Which is the fastest growing region in Conductive Polymer Coatings Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Conductive Polymer Coatings Market?
In 2024, the Asia Pacific accounts for the largest market share in Conductive Polymer Coatings Market.
What years does this Conductive Polymer Coatings Market cover?
The report covers the Conductive Polymer Coatings Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Conductive Polymer Coatings Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Conductive Polymer Coatings Industry Report
Statistics for the 2024 Conductive Polymer Coatings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Conductive Polymer Coatings analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
