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Electrically Conductive Coating Market Industry Size, Share Trends, Growth, Demand, Opportunities and Forecast By 2029
Global electrically conductive coating market was valued at USD 18.88 billion in 2021 and is expected to reach USD 36.26 billion by 2029, registering a CAGR of 8.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segmen
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Electrically Conductive Coating Market research report proves to be an innovative and novel solution for the businesses in today’s varying market place. It comprises of key information about the industry, market segmentation, important facts and figures, expert opinions, and the latest developments across the globe. This market report lends a hand with businesses to thrive in the market by providing them with an array of insights about the market and the industry. The research study carried out in the world class Electrically Conductive Coating Market report covers the local, regional as well as global market.
Electrically Conductive Coating Market business report provides better market insights with which driving the business into right direction becomes easy. A strong research methodology comprises of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. This market report gives information about company profile, product specifications, capacity, production value, and market shares for each company for the year 2022 to 2029 under the competitive analysis study. Businesses can surely expect the reduced risk of failure with Electrically Conductive Coating Market research report.
Global electrically conductive coating market was valued at USD 18.88 billion in 2021 and is expected to reach USD 36.26 billion by 2029, registering a CAGR of 8.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Overview
Global Electrically Conductive Coating Market is basically a coating that is generally utilized to prevent the accumulation of static electric charges for plummeting surface resistance. Typically, ingredients like polyesters, polyurethanes, epoxy, and acrylics are used to create these coatings. Epoxy is one of the most often used materials because of its high mechanical characteristics, weather resistance, and durability. In many different industries, including solar, aerospace, consumer electronics, bioscience, and automotive, these coatings are employed in place of metals.
Some of the major players operating in the electrically conductive coating market are
PPG Industries, Inc. (U.S.)
Akzo Nobel N.V. (Netherlands)
The Sherwin-Williams Company (U.S.)
Valspar (U.S.)
Axalta Coating Systems (U.S.)
Jotun (Norway)
BASF SE (Germany)
Nippon Paints Holdings Co., Ltd. (Japan)
3M (U.S.)
Kansai Paints Co., Ltd. (Japan)
Dupont (U.S.)
KCC Corporation (South Korea)
Covestro AG (Germany)
Esdee Paints (India)
Lubrizol Corporation (U.S.)
COVID-19 Impact on Electrically Conductive Coating Market
The recent outbreak of coronavirus had a negative impact on the electrically conductive coating market. The rate of growth will abruptly fall as the epidemic worsens because of shaky markets and increasing financial stress. Restrictions on movement made a significant dent in economic activity. Significant economic disruptions are also occurring in Southeast Asian nations and India. Lockdowns enacted by various governments caused businesses and offices to close down, and all activity stopped. In order to keep the industries operating during these challenging times, the government imposed laws and limits on workforce. As a result of the threat to the need for the market for coatings, many industries, including those in the construction, automotive, white goods, and electronics, have slowed down. The industries are required to uphold the dignity of the government because of the strict rules and restrictions that must be followed.
However, it is anticipated that the market will rebound when individual regulatory bodies start to ease these imposed lockdowns. Additionally, the market is capable of recovering from losses brought on by a surge in some businesses and end use sectors. The market's product and service portfolio is also being developed with help from well-known firms operating across various worldwide regions, which will accelerate the market's expansion by the end of the forecast period.
Recent Development
In July 2021, The partnership between AkzoNobel N.V. and Mercedes-Benz was extended for a further four years. This means that the business will keep offering automotive and specialty coatings, as well as being a preferred partner in Indonesia, as well as other goods and services for vehicle refinishing in China.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Global Electrically Conductive Coating Market Landscape
Part 05: Pipeline Analysis
Part 06: Global Electrically Conductive Coating Market Sizing
Part 07: Five Forces Analysis
Part 08: Global Electrically Conductive Coating Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Global Electrically Conductive Coating Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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