NEW YORK, June 27, 2016 /PRNewswire/ -- This BCC Research report provides an up-to-date analysis of recent developments and current trends in the global market for transparent conductive coating. Forecast provided from 2016 through 2021.
Use this report to:
Analyze recent developments and current trends in the global market for transparent conductive coating.
Quantify the projected influence of both internal and external forces that are shaping the global market for transparent conductive coating.
Identify important drivers of revenue growth in transparent conductive coatings.
Explain the major global drivers, the current trends, major challenges and the regional dynamics of the market.
The global market for transparent conductive coatings should reach $7.7 billion by 2021 from $5.7 billion in 2016 at a compound annual growth rate (CAGR) of 6.2% from 2016 to 2021.
The touchscreen and displays applications market should reach $5.9 billion by 2021 from $4.4 billion in 2016, at a CAGR of 6.2% from 2016 to 2021.
The solar cells market should reach $709.3 million by 2021 from $515.5 million in 2016, at aCAGR of 6.6% from 2016 to 2021
Introduction & Scope
Global demand for transparent conductive coating, particularly in smart devices, has been growing at an unprecedented rate over the last several decades. Transparent conductive coatings are primarily used in touchscreens and displays, OLED, photovoltaic EMI shielding and antistatic coating, smart windows and wearable devices. The transparent conductive coating market has thus evolved over the past few years, alongside developments in the electronics and semiconductor industries. The technological advancement in the field of electronics, the launch of innovative products in the markets such as bendable phones and flexible displays as well as the continuous research and developments in the field of new types of transparent conductive coating are what is driving this market.
Indium tin oxide (ITO)-based transparent conductive coating is the major type of transparent conductive coating that has been made through the years, and today it dominates the market, accounting for more than 72.4% of market share. The non-ITO-based transparent conductive coating market, though smaller in size, is expected to witness robust growth during the forecast period. This market is primarily driven by Asia-Pacific, North America and Europe.
Some of the key participants in the market for transparent conductive coating include 3M, Apple Inc., Asahi Glass Co. Ltd., Corning Inc., Dai Nippon Printing, Evonik Industries, Fujifilm, Hitachi Chemical Co., JX Nippon Mining & Metals Co., Nitto Denko Corp., Sharp Corp. and Sumitomo Chemical Company Ltd.
Asia-Pacific accounts for the highest market share of the global market, followed by North America and Europe. Increasing demand for transparent conductive coating in various devices such as mobile phones, tablets, personal computers and other consumer electronics is driving the market. This report also highlights the supplier landscape of the transparent conductive coating market, with a focus on profiles of major companies.
STUDY GOALS AND OBJECTIVES
The goal of this report is to provide an up-to-date analysis of recent developments and current trends in the global market for transparent conductive coating. Identifying significant drivers of revenue growth is an additional aim. The objective of this type of systematic research is to quantify the projected impact of both internal and external forces that are affecting the global market for transparent conductive coating as well as their impact on the industry over the forecast period from 2016 to 2021.
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