Transparent Conductive Coating Market Analysis

Application Segment Analysis

The global transparent conductive coating market is segmented and analyzed for demand and supply by application into solar cells, solar panels, smart displays, induction, OLEDs, LCDs, and photovoltaic devices. Out of the five applications, the smart displays segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the increasing demand for smartphones across the globe. The phone's touch screen depends on clear and electrically conductive coatings. For instance, transparent conductive coatings are commonly used in touchscreens as they are transparent and electrically conductive, which not only eliminates any static charge that has built up on a screen or a glass panel but also keeps dust from adhering to the screen's surface. According to research, more than 60% of adults in the United States own a smartphone.

Material Segment Analysis

The global transparent conductive coating market is also segmented and analyzed for demand and supply by material into inorganic and organic materials. Amongst these two segments, the organic material segment is expected to garner a significant share. When compared to inorganic transparent conductive coatings such as indium tin oxide (ITO), organic transparent conductive coatings are more effective and flexible, owing to which there is a growing trend among industries around the world for greener solutions that emit less or no harmful gases. Moreover, industries all around the world are searching for more environmentally friendly choices that release fewer or no hazardous emissions. Furthermore, a replacement for the ITO is necessary to create flexible optoelectronic devices with better performance.  This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.

Our in-depth analysis of the global market includes the following segments: