Panpsychism is an umbrella term for philosophical theories of mind where everything, has a mind of mind-like quality. On these views, experience is a fundamental property of matter, like charge or mass. In slogan form: mind and matter are inseparable, or everything is conscious.
Some mental states are non-conscious states, meaning they are necessarily non-experiential. Examples include the mental states associated with tasks involving implicit memory like breathing or blinking.
Ned Block distinguished between two types of conscious states. Some conscious mental states are access conscious (A-conscious) states, meaning they are available for cognition independent from your experience of them. For example, your belief in some proposition doesn't start and stop depending on whether you are conscious of it. Other mental states are phenomenally conscious (P-conscious) states, meaning they are necessarily experiential. A mental state is P-conscious if, and only if, there is something it is like to be in that mental state. An entity is P-conscious if, and only if, it possesses P-conscious mental states.
Most panpsychist views don't argue that ordinary objects such as coffee tables or rocks are P-conscious. But they do hold that the matter that makes up ordinary objects is P-conscious. That is, although fundamental particles lack complex thoughts, feelings, a complex sense of self-awareness, and other traits colloquially associated with animal consciousness, an electron (for instance) still has some basic kind of experience.
One prominent version of panpsychism is Bertrand Russell's dual-aspect monism (aka neutral monism), which says, roughly speaking, that the "stuff" composing reality comes in one neutral flavor—neither physical nor mental—and has two mutually-exclusive, irreducible aspects: physical properties (objective, relational) and phenomenal properties (subjective, intrinsic).
Ned Block
Bertrand Russell
On the physicalist view, everything, including mental properties such as thought, sensation, perception, and emotion, is physical. Consequently, every physical event should have a sufficient physical cause. But current physics struggles to give a sufficient physical explanation for how conscious experience arises from non-conscious matter, with some arguing the task is impossible even for an ideal, completed physics (see Thomas Nagel's What is it to Be a Bat? and David Chalmers' hard problem of consciousness). Since the panpsychist view is that everything is conscious, it sidesteps the hard problem.
Instead, panpsychism faces the combination problem: if simple particles have simple consciousness, how do their experiences combine to form complex consciousness? This mirrors the hard problem of explaining why certain physical processes feel like anything at all. For panpsychists, the challenge is explaining the relation between micro-level proto-consciousness and macro-level technicolor experience. Contemporary discourse centers around whether consciousness at the macro-level is constituted by consciousness at the micro-level. Non-constitutive panpsychists argue there are some facts about macro-level consciousness that are not explained at the micro-level. Constitutive panpsychists argue the macro-level consciousness found in animals is fully explained by facts at the micro-level.
Hedda Mørch
Mørch argues for a kind of non-constitutive panpsychism called emergent panpsychism where complex consciousness found at the macro-level in animals emerges from interactions of simple conscious parts. Micro-level consciousness is thought of as producing consciousness at the macro-level as a campfire produces smoke.
On Mørch's fusionist solution to the combination problem, micro-conscious parts fuse into a unified whole, ceasing to exist like how many smaller drops of water cease to exist as individual drops after combining into one larger drop. This view of combination is parsimonious: the macro-level and does so by virtue of replacing the explanatory role of the micro-level, avoiding overdetermination. Critics argue the view relies on emergence without securing the conditions for fusion.
Luke Roelofs
Roelofs argues for constitutive panpsychism. On this view, all facts or properties about macro-level consciousness are reducible to facts or properties about micro-level consciousness like how a brick wall is nothing more than the sum of its bricks.
But if the "stuff" of reality comes in one flavor, the material difference between a brain and a coffee table is of degree, not kind, meaning any division between conscious/non-conscious is arbitrary. On this universalist view, mental combination is unrestricted. That is, there are no necessary conditions for combination, and any conditions including more than one fundamental particle are sufficient for combination. Consequently, there are indefinitely many conscious subjects with minds whose boundaries overlap. Even random aggregates of spatially distributed matter are conscious. Critics argue the view's conclusions are implausible.