Antistatic Coatings Market Growth Accelerated by Increasing Demand from Electronics Industry
Antistatic coatings are widely used in electronics industry for protection of printed circuit boards (PCBs) and integrated circuits from static electricity. Antistatic coatings provide resistance to build-up of static charge on surfaces and reduce risks of electrical shock or malfunction of electronic components. Rising demand for consumer electronics such as smartphones, tablets, laptops, and wearables is propelling demand for antistatic coatings from electronics OEMs. The global Antistatic Coatings Market is estimated to be valued at US$ 2.44 Bn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increasing demand from electronics industry is a major driver for growth of antistatic coatings market . Rapid urbanization and rising disposable income in emerging economies are fueling sales of consumer electronics. This is boosting demand for insulating anti...