Conductive polymers are organic polymers and carry electricity. They can be semiconductors or have metallic conductivity. The electric properties in conductive polymers can be customized with method organic synthesis. Conducting polymer can be categorized as inherently dissipative polymers, inherently conductive polymers, conductive plastics, and conductive polymers. The conductive polymers are lightweight, exhibit high-performance, chemically resistant, and flexible. Due to all these properties, conductive polymer coating is used in various industries such as the photovoltaic industry, electrical, and electronic industry. These coatings are made of basic polymers such as polyaniline, polyacetylene, and polypyrrole. Conductive polymer coatings is majorly used in optical and electronic materials, bio-sensors, bio-implants, super-capacitors, actuators, sensors, and corrosion protection for electric energy storage. Moreover, conductive polymers offer processability through dispersion.

Market Outlook

Global conductive polymer coatings market size is valued at US$ 3.15 billion in 2016, and is expected to register a CAGR of 9.22% over the forecast period (2019-2027), reaching US$ 10.56 billion in 2027. Growing adoption of conductive polymer coatings in various industries such as electrics, electronics, and photovoltaic industry. Increasing demand for photovoltaic cells around the world is expected to drive growth of the market during the forecast period. Photovoltaic cells are used to convert solar energy into electric energy. Increasing demand for solar energy is expected to fuel the demand for photovoltaic cells and thereby boost the market growth. Conductive polymer coatings are majorly used in manufacturing of light emitting diode (LED)-based lights and displays. LEDs consume low voltage with inexpensive production. Increasing demand for LED-based products is expected to boost the demand for conductive polymer coatings and hence boost growth of the market.  

However, high production and processing cost is expected to restrain growth of global conductive polymer coatings market during the forecast period.

Market Regional Analysis

Asia Pacific is expected to lead the global conductive polymer coatings market and is projected to gain major market share during the forecast period. This is owing to shifting of key players in electric and electronic industry to China, due to increasing demand for electronics product and low production cost. North America is expected to witness significant growth during the forecast period, owing to increasing demand for electrical and electronic products. Furthermore, Europe is also expected to gain significant market share during to forecast period, owing to increasing development of organic semiconductor coatings.

Market Players

Key manufacturers in the global conductive polymer coatings market are The Lubrizol Corporation, NanoMarkets LLC., The Dow Chemical Company, Crosslink, Heraeus, ITEK, Voltaic Coatings, AnCatt, Henkel Electronics, and CBI Polymers Inc.

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Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

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Market Analysis | Coherent Market Insights

Preliminary Data Mining

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Data Standardization

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Coherent Statistical model

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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The primary research is conducted with the ecosystem players including, but not limited to:

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