The Automotive Segment Is Dominating The Industrial Electric Paint Market Growth During The Forecast Period
Industrial
electric paints are used in a wide range of industries, including automotive,
electronics, aerospace, and manufacturing. The increasing demand for these
products in these industries is a major driver of the market growth.
According to TechSci Research report, “Global Industrial Electric Paint Market - Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, Global Industrial Electric Paint Market is anticipated to grow at a 5.28%
CAGR in the forecast period, 2024-2028, the most common use of Industrial
Electric Paint is on consumer electronic displays. Touch panels, computers,
LCDs, calculators, radios, mobile phones, and electronic displays, among other
items, employ Industrial Electric Paint as thin coatings over plastic covers
and housings to offer EMI shielding and static charge dissipation. These paints
are also employed as thin layers of coating for tantalum capacitors and ceramic
surfaces in electrolysis procedures. By the forecast years, demand for electronic devices such as
smartphones, tablets, wearable gadgets, and other connected consumer
electronics is expected to increase globally.
Browse over XX market data Figures spread through 181
Pages and an in-depth TOC on "Industrial Electric Paint Market.”
Based on Application, Global Industrial Electric Paint
Market is segmented into— Residential, Commercial, Industrial. Industrial
Segment to Dominate the Market, The Industrial segment is dominating the global
Industrial Electric Paint market. The industrial application segment is
dominating the global Industrial Electric Paint market. In 2022, it accounted
for a share of over 60% of the market. The growth of this segment is driven by
the increasing demand for Industrial Electric Paint in the manufacturing, automotive,
and electrical industries.
Industrial Electric Paint is a type of paint that
conducts electricity. It is used in a variety of industrial applications, such
as the manufacturing of electronic devices, the painting of electrical
components, and the protection of metal surfaces from corrosion. The increasing
demand for electronic devices and the growing fleet of electric vehicles are
the major factors driving the growth of the industrial application segment of
the Industrial Electric Paint market.
Based on Region, Asia Pacific region is expected to
dominate the market for Industrial Electric Paint during the forecast period.
The Asia-Pacific region is dominating the global Industrial
Electric Paint market. In 2022, it accounted for a share of over 40% of the
market. The growth of this region is driven by the following factors The
growing demand for Industrial Electric Paint in China, Japan, and other
countries in the region, The increasing investment in the manufacturing and
automotive industries in the region and The availability of cheap labor and
land in the region, which is making it economical to produce and transport electric
paint.
Major companies operating in the Global Industrial
Electric Paint market are:
- Sud-Chemie
- Amresco
- SparkFun
Electronics
- Sigma-Aldrich
Corporation
- Conductive
Ink Jet Technology
- Parker
Chomerics
- Gwent
Electronic Materials
- Novacentrix
- Prima
Power
- E-Tek
Download Free Sample Report
Customers can
also request 10% free customization on this report.
“The global Industrial
Electric Paint market is driven by several key factors that shape its growth
and development. A key driver of the global Industrial Electric Paint market is
the rising demand for innovative and flexible electronic solutions across
various industries. Electric paint, also known as conductive paint or
electrically conductive paint, has emerged as a crucial enabler of this trend
due to its unique properties and versatile applications. One of the primary
drivers is the proliferation of the Internet of Things (IoT). As the world
becomes increasingly connected, there is a growing need for custom sensors,
flexible circuits, and conductive pathways that Industrial Electric Paint can
provide. IoT applications, spanning from smart homes to industrial sensors,
rely on Industrial Electric Paint to create specialized components. Wearable
technology is another significant driver. The surge in wearable devices, such
as smartwatches and fitness trackers, demands lightweight and flexible
electronic components. Electric paint's ability to create custom circuits on
flexible substrates, such as textiles, ensures both comfort and functionality
in wearable devices.
Furthermore,
electric paint's role in sustainability initiatives cannot be overlooked. It
aligns with the global push for environmentally friendly materials by reducing
electronic waste through repairability and customization. This makes it an
appealing choice in green building designs, energy-efficient lighting, and
other eco-conscious applications. Additionally, electric paint's adaptability
to various surfaces and materials enables customized solutions in industries
ranging from automotive to healthcare. Its versatility, along with ongoing
advancements in formulations, is driving its adoption in diverse and innovative
electronic applications. In summary, the global Industrial Electric Paint market
is driven by the need for flexible and customized electronic solutions in the
IoT era, the growth of wearable technology, sustainability goals, and its
adaptability across industries, making it a fundamental player in shaping the
future of electronics.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
Industrial
Electric Paint Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast Segmented By End-User (Automotive, Consumer Electronics, Healthcare),
by Type (Thermochromic, Photochromic, Soluble Conductive Inks), By Region, By
Competition, 2018-2028”, has evaluated the future growth potential of global Industrial
Electric Paint market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision-makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global Industrial
Electric Paint market.
Contact
Mr. Ken Mathews
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States-
10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com