Electrically Conductive Coatings Market: Rising Per Capita Income And Rapid Urbanization Propel The Growth Of Clear Conductive Coating
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The Electrically Conductive Coatings Market produces electrically conductive coatings which provide both electrical conductivity and corrosion prevention. The coatings are formulated with epoxy resins, hardeners, and carbon black.
They are used in consumer electronics, solar, automotive, aerospace, and bioscience industry. Increasing demand from electronics display and solar industry is expected to drive the market.
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The Electrically Conductive Coatings Market is applied in industries like automotive, aerospace, bioscience, and others. In the consumer electronics segment, the electrically conductive paint coating is used in computers, cell phones, radios, calculators, and pagers.
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Scope & Regional Forecast of the Electrically Conductive Coatings Market
Asia Pacific is the largest region in the Electrically Conductive Coatings Market. The high demand for the electrically conductive powder coating in countries like China, Japan, South Korea, and India is due to the thriving electronics industry, economic growth, and increasing population.
India and China are expected to have the fastest growth.
The latest trend in the Electrically Conductive Coatings Market is the use of indium tin oxide. It gives maximum transparency, scratch proofing, and has high anti-static properties.
This coating is used for aircraft windows, safety goggles, and motorcycle helmets. The electrical coating is also used in electrolysis processes as thin layers of coating for tantalum capacitors and ceramic surfaces.
The conductive coating produced by the Electrically Conductive Coatings Market provide electrical conductivity properties and as well as protection against moisture in the solar industry. The conductive spray coating is based on carbon nano tubes and mainly used in photovoltaic cells as they allow light to enter the photovoltaic material and conduct electricity.
In the automotive industry, the clear conductive coating is used on the vehicle body parts and electricals for inducing the electrically conductive properties which are used for electrostatic applications.
Segmentations & Key Players Involved in the Electrically Conductive Coatings Market
The Electrically Conductive Coatings Market can be broken down into various segmentations on the basis of –
- Product- Epoxy, Polyesters, Acrylics, and Polyurethanes.
- Applications- Consumer Electronic Displays, Solar Industry, Automotive, Aerospace, and Bioscience.
- Region- North America, Europe, China, Japan, Southeast Asia, and India.
Some of the key players involved in the Electrically Conductive Coatings Market are as follows:
- Axalta Coating Systems
- PPG Industries Inc.
- Akzo Nobel N.V.
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