[112 Pages Report] The global electrically conductive coating market, in terms of value, is projected to reach USD 18.88 Billion by 2021, at a CAGR of 8.0% from 2016 to 2021. In terms of volume, the market is projected to reach 17.6 KT by 2021, at a CAGR of 7.0% during the forecast period. The high demand for electrically conductive coatings for consumer electronics displays in the emerging economies of the Asia-Pacific region and Europe and North America, and the mergers & acquisitions and new product development strategies by different companies, are the key factors driving the global electrically conductive coatings market.

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EPOXY: The most-widely used material for electrically conductive coatings

Epoxy is widely used for electrically conductive coatings due to their favorable durability, mechanical properties and weatherability. These coatings are light in weight and hence used as replacements for metals such as copper in consumer electronics, solar, automotive, aerospace, bioscience, and others. Epoxy is the largest and fastest-growing type of conductive coating used in the global electrically conductive coating market. The growing demand for coating applications that require electrical conductivity using epoxies in various end-use industries such as consumer electronic displays, solar cells, automotive displays/LCDs, aircraft/space shuttle displays/LCDs, X-ray and MRI equipment, and others is expected to drive the electrically conductive coatings market in the near future.

Consumer Electronic Displays: The largest application for electrically conductive coatings

A consumer electronic display is the largest application segment of the global electrically conductive coating market. Electrically conductive coatings are used widely as thin layers of coatings in various end-use industries such as consumer electronic displays, automotive, solar, aerospace, bioscience, and others. In the consumer electronics industry, conductive coatings are used in computers/cell phones/radios/calculators/pagers, LCDs/electronic displays/touch panels, and so on, as thin layers over plastic cases and plastic housings in these products to provide EMI shielding and dissipation of static charge.

Asia-Pacific: The largest market for electrically conductive coatings

The Asia-Pacific region is the largest market in the global Electrically Conductive Coating Market, in terms of value and volume, and this trend is expected to continue till 2021. There is a high growth in demand from countries in this region such as, China, Japan, South Korea, and India, in the use of electrically conductive coatings in the consumer electronic displays industry. This growth is mainly due to the thriving electronics industry, economic growth and increasing population. Globally, India and China are projected to be the fastest-growing markets from 2016 to 2021.

 Raw material suppliers to electrically conductive coating manufacturers are mainly categorized into two groups, namely, binder companies and companies supplying filler materials used in the formulation of electrically conductive coatings. Some of the major companies supplying electrically conductive coatings are, The PPG Industries Inc. (U.S.), Henkel AG & Company (Germany), Akzo Nobel N.V. (Netherlands), Axalta Coating Systems (Netherlands), Creative Materials Inc. (U.S).

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