Electric Paint Global Market Report 2026

Electric paint, also known as conductive paint, is a unique type of paint infused with conductive materials, allowing for the creation of electrical circuits or components directly on surfaces such as paper, wood, or fabric. It eliminates the need for traditional wiring and soldering, making it well-suited for prototyping, DIY electronics projects, and interactive art installations.

The main product types of electric paint include thermochromic, photochromic, and soluble conductive ink. Thermochromic electric paint changes color in response to temperature variations, offering a visual indication of temperature changes and providing an innovative solution for temperature-sensitive applications. This allows for real-time monitoring and control. The material product types include epoxy, polyesters, acrylics, and polyurethanes, used in various applications such as consumer electronic displays, solar panels, automotive components, aerospace technology, bioscience, and more.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the electric paint market by increasing costs for imported conductive fillers, silver and carbon based materials, and specialty polymers used in paint formulations. These impacts have been notable in North America, Europe, and Asia Pacific where advanced electronics manufacturing relies on globally sourced raw materials. Higher production costs have affected pricing for premium conductive paints used in automotive, aerospace, and electronic display applications. At the same time, tariffs have encouraged local development of conductive materials, supported domestic innovation in conductive inks, and reduced long term dependence on imported components.

The electric paint market research report is one of a series of new reports from The Business Research Company that provides electric paint market statistics, including electric paint industry global market size, regional shares, competitors with a electric paint market share, detailed electric paint market segments, market trends and opportunities, and any further data you may need to thrive in the electric paint industry. This electric paint market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The electric paint market size has grown strongly in recent years. It will grow from $23.92 billion in 2025 to $25.45 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growth in electronics prototyping, expansion of smart devices, increasing use in educational kits, demand for lightweight conductive materials, advancements in conductive polymers.

The electric paint market size is expected to see strong growth in the next few years. It will grow to $31.45 billion in 2030 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to growth of flexible and wearable electronics, increasing adoption of smart surfaces, expansion of electric vehicle electronics, rising investment in interactive displays, technological progress in conductive inks. Major trends in the forecast period include rising use of conductive paints in flexible electronics, growing adoption in IoT enabled surfaces and sensors, expansion of electric paint applications in automotive electronics, increasing use in educational and diy electronics projects, focus on water soluble and eco friendly conductive formulations.

The increasing production of consumer electronics is expected to propel the growth of the electric paint market going forward. Consumer electronics include everyday electronic devices such as smartphones, laptops, televisions, and home appliances. Production in this sector continues to rise due to technological advancements, higher disposable incomes, evolving lifestyles, and growing demand for connected devices, entertainment solutions, and smart home technologies. Electric paint supports consumer electronics manufacturing by enabling the creation of conductive pathways, capacitive sensors, and interactive surfaces across various device components. For instance, in May 2023, the Japan Electronics and Information Technology Industries Association reported that Japan's total electronic equipment production reached $5,128.55 million (¥771,457 million). Consumer electronics production also rose to $213.39 million (¥32,099 million) in May 2023, up from $155.79 million (¥23,425 million) in January 2023. Therefore, the increasing production of consumer electronics is driving the electric paint market.

The rising demand for Internet of Things (IoT) devices is also expected to drive the growth of the electric paint market. IoT devices are physical objects embedded with sensors, software, and connectivity that enable them to collect, exchange, and act on data without human intervention. Growing global connectivity and widespread internet access are accelerating IoT adoption, supporting the development of smart ecosystems across homes, industries, and cities. Electric paint plays a key role in this expansion by enabling flexible, lightweight, printed circuitry that allows sensors and connections to be integrated into various surfaces and device structures. For example, in July 2025, the European Commission reported that installed IoT-connected devices numbered around 40 billion in 2023 and are projected to reach 49 billion by 2026, reflecting an annual growth rate of 7%. Therefore, the rising demand for IoT devices is contributing to the growth of the electric paint market.

Major companies in the electric paint market are focusing on developing specialized formulations for electric vehicle applications, such as conductive powder coatings, to enhance durability and meet the technical demands of vehicle electrification. Conductive powder coatings offer benefits such as improved adhesion, chemical resistance, insulation, and thermal stability, ensuring long-term performance of EV components. For instance, in January 2023, Akzo Nobel N.V., a Netherlands-based paint and performance coatings manufacturer, introduced its Resicoat EV powder coatings designed to protect battery systems and electrical components in next-generation electric vehicles. The range includes Resicoat EVpack for battery pack protection, Resicoat EVcell for insulation between battery cells, and Resicoat EVcooling for improved thermal and electrical performance in cooling systems. These innovations support safer, more efficient electric vehicle technologies.

Major companies operating in the electric paint market are Heraeus Holding GmbH, Henkel AG & Co. KGaA, PPG Industries Inc., Parker Hannifin Corp., DuPont de Nemours Inc., Akzo Nobel N.V., Sun Chemical Corp., Novacentrix, Electrolube Ltd., Acheson Industries, Lechler S.p.A., Integran Technologies Inc., Cima Nanotech Inc., MG Chemicals, Graphenano, Voltera, Promethean Particles Ltd., Creative Materials Inc., Bare Conductive Ltd., Intelligent Material Solutions Inc., Applied Graphene Materials

Asia-Pacific was the largest region in the electric paint market in 2025. The regions covered in the electric paint market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the electric paint market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The electric paint market consists of sales of insulating paint, shielding paint, transparent conductive paint, and thermally conductive paint. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Electric Paint Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses electric paint market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for electric paint ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electric paint market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Ink Type: Thermochromic; Soluble Conductive Ink
• 2) By Substrate: Concrete And Masonry; Brick And Stone; Wood; Metal; Roofing Materials; Plastics and Composites
• 3) By Application: Consumer Electronic Displays; Solar; Automotive; Aerospace; Bio-science; Other Applications
• Subsegments:
• 1) By Thermochromic: Reversible Thermochromic Paints; Irreversible Thermochromic Paints
• 2) By Soluble Conductive Ink: Water-Soluble Conductive Inks; Solvent-Based Conductive Inks
• Companies Mentioned: Heraeus Holding GmbH; Henkel AG & Co. KGaA; PPG Industries Inc.; Parker Hannifin Corp.; DuPont de Nemours Inc.; Akzo Nobel N.V.; Sun Chemical Corp.; Novacentrix; Electrolube Ltd.; Acheson Industries; Lechler S.p.A.; Integran Technologies Inc.; Cima Nanotech Inc.; MG Chemicals; Graphenano; Voltera; Promethean Particles Ltd.; Creative Materials Inc.; Bare Conductive Ltd.; Intelligent Material Solutions Inc.; Applied Graphene Materials
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.