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.


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:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

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

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

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:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

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

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users