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PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1092219
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1092219
Electrocoating Market with COVID-19 Impact Analysis, By Type, Application, Insights- Regional Outlook, Competitive Strategies and Segment Forecasts to 2028
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PAGES: 263 Pages
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REPORT HIGHLIGHT
The global Electrocoating market is estimated to be worth $3,804.1 million in 2021. Electrocoating market is expected to expand at an 4.5% CAGR during the forecast period.
Market Introduction
Electrocoating is a coating procedure that involves depositing electrically charged particles from a water suspension onto a conductive component. Paint is applied to a part at a specific film thickness during the electrocoating process, which is controlled by the amount of voltage used. As the applied coating electrically insulates the part, the deposition is self-limiting and slows. Electrocoat solids form in the areas nearest to the counter electrode first, and when these areas become insulated from current, solids are driven into much more recessed bare metal parts to complete coverage. Throw power is a fundamental feature of the electrocoat process that causes this phenomenon.
Market Dynamics
Over the last two decades, the coatings industry has focused on developing ecologically-friendly ingredients and coatings. This is the outcome of countries around the world enacting stronger environmental rules and regulations aimed at reducing VOC emissions from coatings. The United States and European governments are particularly concerned about air pollution and are developing rules aimed at reducing or eliminating hazardous emissions. These air pollution rules are projected to have a significant impact on the market for e-coat.
Several product manufacturers have switched to e-coats for various applications since the electrocoating process emits very little or no HAP or VOC. This also aids in product recycling and the development of less hazardous waste during recycling, thereby complying with the Resource Conservation and Recovery Act (RCRA).
In recent decades, the agricultural sector in the Asia Pacific, particularly in China and India, has experienced substantial growth. Because of technological improvements and the incorporation of IoT, the agricultural machinery market is seeing a growth in demand. The market in this region is experiencing an increase in demand due to increased demand from the agriculture sector and government incentives for agricultural applications. Coatings with good corrosion resistance and heat dissipation materials must be provided to extend their useful lifespan. E-coats with established corrosion-resistant qualities are ideal for this application. Thus, the demand for e-coats in the agricultural equipment, parts, and accessories market is likely to rise in the future.
Segmentation Analysis
Electrocoating Market is segmented By type, application, and geography. Based on application, The passenger car market is predicted to increase at the fastest rate of 9.6%, owing to rising vehicle use around the world. The emergence of the vehicle financing business has spurred the passenger automobile industry to offer vehicle loans to its consumers. In many developing economies, owning a passenger automobile is considered a status symbol, but middle-class families are increasingly purchasing them. Demand for passenger cars will continue to rise in developing countries as income levels rise, driving market revenue during the forecast period.
Competitive Landscape
The global Electrocoating market is fairly competitive with the presence of a large number of international and national players. Some of the major players in the market are PPG Industries, Axalta Coating Systems, and BASF SE, among others. Both small and large industry players are relying on product approvals, product launches, mergers, and acquisitions to gain a significant share of the global Electrocoating market. For instance, in 2021, Axalta Coating Systems announced the launch of AquaECTM 3500 EP, a new environmentally-responsible, cathodic tin-free electrocoat primer. The primer has applications in automotive, agriculture, and construction.
Key features of the study:
- This proposed research study on Electrocoating market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2022-2028), considering 2021 as the base year
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Electrocoating market.
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Electrocoating market.
- Impact of COVID-19 on Electrocoating market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Electrocoating market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Electrocoating market, we have also included competitive landscape and key innovator analysis for the Electrocoating market
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Electrocoating market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Electrocoating market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
Global Electrocoating Market Key Players
- PPG Industries
- Axalta Coating Systems
- BASF SE
- The Sherwin Willaims Company
- Nippon Paint Holdings
- Tatung Fine Chemicals
- KCC Corporation
- Kansai Paint
- B.L.Downey Company
- Hawking Electrotechnology
- Therma-Tronx-X
- Parker Trutec
Global Electrocoating Market by Type
- Cathodic Epoxy
- Cathodic Acrylic
- Anodic
Global Electrocoating Market by Application
- Passenger Cars
- Commercial Vehicles
- Automotive Parts & Accessories
- Heavy-Duty Equipment
- Others
Global Electrocoating Market by Region
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle-East and Africa
- GCC
- South Africa
- Rest of Middle-East and Africa
Product Code: ANV851
TABLE OF CONTENT
1. Electrocoating Market Overview
- 1.1. Study Scope
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Type
- 2.1.2. Market Snippet by Application
- 2.1.3. Market Snippet by Country
- 2.1.4. Market Snippet by Region
- 2.2. Competitive Insights
3. Electrocoating Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Electrocoating Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Electrocoating Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Electrocoating Market Landscape
- 6.1. Market Share Analysis, 2020
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Electrocoating Market - By Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Type, 2021 & 2028 (%)
- 7.1.2. Cathodic Epoxy
- 7.1.3. Cathodic Acrylic
- 7.1.4. Anodic
8. Electrocoating Market - By Application
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2021 & 2028 (%)
- 8.1.2. Passenger Cars
- 8.1.3. Commercial Vehicles
- 8.1.4. Automotive Parts & Accessories
- 8.1.5. Heavy-Duty Equipment
- 8.1.6. Others
9. Electrocoating Market- By Geography
- 9.1. Introduction
- 9.1.1. Segment Share Analysis, By Geography, 2021 & 2028 (%)
- 9.2. North America
- 9.2.1. Overview
- 9.2.2. Key Manufacturers in North America
- 9.2.3. North America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 9.2.4. North America Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.2.5. North America Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.2.6. U.S.
- 9.2.6.1. Overview
- 9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.2.6.3. U.S. Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.2.6.4. U.S. Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.2.7. Canada
- 9.2.7.1. Overview
- 9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.3. Europe
- 9.3.1. Overview
- 9.3.2. Key Manufacturers in Europe
- 9.3.3. Europe Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 9.3.4. Europe Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.3.5. Europe Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.3.6. Germany
- 9.3.6.1. Overview
- 9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.3.6.3. Germany Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.3.6.4. Germany Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.3.7. Italy
- 9.3.7.1. Overview
- 9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.3.7.3. Italy Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.3.7.4. Italy Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.3.8. United Kingdom
- 9.3.8.1. Overview
- 9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.3.8.3. United Kingdom Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.3.8.4. United Kingdom Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.3.9. France
- 9.3.9.1. Overview
- 9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.3.9.3. France Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.3.9.4. France Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.3.10. Rest of Europe
- 9.3.10.1. Overview
- 9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.3.10.3. Rest of the Europe Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.3.10.4. Rest of the Europe Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.4. Asia Pacific (APAC)
- 9.4.1. Overview
- 9.4.2. Key Manufacturers in Asia Pacific
- 9.4.3. Asia Pacific Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 9.4.4. Asia Pacific Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.4.5. Asia Pacific Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.4.6. India
- 9.4.6.1. Overview
- 9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.4.6.3. India Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.4.6.4. India Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.4.7. China
- 9.4.7.1. Overview
- 9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.4.7.3. China Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.4.7.4. China Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.4.8. Japan
- 9.4.8.1. Overview
- 9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.4.8.3. Japan Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.4.8.4. Japan Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.4.9. South Korea
- 9.4.9.1. Overview
- 9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.4.9.3. South Korea Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.4.9.4. South Korea Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.4.10. Rest of APAC
- 9.4.10.1. Overview
- 9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.4.10.3. Rest of APAC Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.4.10.4. Rest of APAC Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.5. Latin America
- 9.5.1. Overview
- 9.5.2. Key Manufacturers in Latin America
- 9.5.3. Latin America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 9.5.4. Latin America Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.5.5. Latin America Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.5.6. Brazil
- 9.5.6.1. Overview
- 9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.5.6.3. Brazil Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.5.6.4. Brazil Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.5.7. Mexico
- 9.5.7.1. Overview
- 9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.5.7.3. Mexico Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.5.7.4. Mexico Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.5.8. Argentina
- 9.5.8.1. Overview
- 9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.5.8.3. Argentina Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.5.8.4. Argentina Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.5.9. Rest of LATAM
- 9.5.9.1. Overview
- 9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.5.9.3. Rest of LATAM Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.5.9.4. Rest of LATAM Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.6. Middle East and Africa
- 9.6.1. Overview
- 9.6.2. Key Manufacturers in Middle East and Africa
- 9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
- 9.6.4. Middle East and Africa Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.6.5. Middle East and Africa Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.6.6. Saudi Arabia
- 9.6.6.1. Overview
- 9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.6.6.3. Saudi Arabia Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.6.6.4. Saudi Arabia Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 9.6.7. United Arab Emirates
- 9.6.7.1. Overview
- 9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
- 9.6.7.3. United Arab Emirates Market Size and Forecast, By Type, 2017 - 2028 (US$ Million)
- 9.6.7.4. United Arab Emirates Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
10. Key Vendor Analysis
- 10.1. Competitive Dashboard
- 10.2. Company Profiles
- 10.2.1. PPG Industries
- 10.2.2. Axalta Coating Systems
- 10.2.3. BASF SE
- 10.2.4. The Sherwin Willaims Company
- 10.2.5. Nippon Paint Holdings
- 10.2.6. Tatung Fine Chemicals
- 10.2.7. KCC Corporation
- 10.2.8. Kansai Paint
- 10.2.9. B.L.Downey Company
- 10.2.10. Hawking Electrotechnology
- 10.2.11. Therma-Tronx-X
- 10.2.12. Parker Trutec
11. 360 Degree Analyst View
12. Appendix
- 12.1. Research Methodology
- 12.2. References
- 12.3. Abbreviations
- 12.4. Disclaimer
- 12.5. Contact Us
Product Code: ANV851
List of Tables
- TABLE List of data sources
- TABLE Market drivers; Impact Analysis
- TABLE Market restraints; Impact Analysis
- TABLE Electrocoating market: Types Snapshot (2020)
- TABLE Segment Dashboard; Definition and Scope, by Types
- TABLE Global Electrocoating Meter market, by Types, 2017 - 2028 (USD Million)
- TABLE Electrocoating market: Application Snapshot (2020)
- TABLE Segment Dashboard; Definition and Scope, by Application
- TABLE Global Electrocoating market, by Application, 2017 - 2028 (USD Million)
- TABLE Electrocoating market: Regional snapshot (2020)
- TABLE Segment Dashboard; Definition and Scope, by Region
- TABLE Global Electrocoating Meter market, by Region 2017 - 2028 (USD Million)
- TABLE North America Electrocoating Meter market, by Country, 2017 - 2028 (USD Million)
- TABLE North America Electrocoating market, by Types, 2017 - 2028 (USD Million)
- TABLE North America Electrocoating market, by Application, 2017 - 2028 (USD Million)
- TABLE Europe Electrocoating market, by Country, 2017 - 2028 (USD Million)
- TABLE Europe Electrocoating market, by Types, 2017 - 2028 (USD Million)
- TABLE EuropeElectrocoating market, by Application, 2017 - 2028 (USD Million)
- TABLE Asia Pacific Electrocoating market, by Country, 2017 - 2028 (USD Million)
- TABLE Asia Pacific Electrocoating market, by Types, 2017 - 2028 (USD Million)
- TABLE Asia Pacific Electrocoating market, by Application, 2017 - 2028 (USD Million)
- TABLE Latin America Electrocoating market, by Country, 2017 - 2028 (USD Million)
- TABLE Latin America Electrocoating market, by Type, 2017 - 2028 (USD Million)
- TABLE Latin America Electrocoating market, by Application, 2017 - 2028 (USD Million)
- TABLE Middle East and Africa Electrocoating market, by Country, 2017 - 2028 (USD Million)
- TABLE Middle East and Africa Electrocoating market, by Type, 2017 - 2028 (USD Million)
- TABLE Middle East and Africa Electrocoating market, by Application, 2017 - 2028 (USD Million)
List of Figures
- FIGURE Electrocoating Meter market segmentation
- FIGURE Market research methodology
- FIGURE Value chain analysis
- FIGURE Porter's Five Forces Analysis
- FIGURE Market Attractiveness Analysis
- FIGURE COVID-19 Impact Analysis
- FIGURE Pre & Post COVID-19 Impact Comparision Study
- FIGURE Competitive Landscape; Key company market share analysis, 2020
- FIGURE Type segment market share analysis, 2021 & 2028
- FIGURE Type segment market size forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Application segment market share analysis, 2021 & 2028
- FIGURE Application segment market size forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Regional segment market share analysis, 2021 & 2028
- FIGURE Regional segment market size forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE North America Electrocoating market share and leading players, 2020
- FIGURE Europe Electrocoating market share and leading players, 2020
- FIGURE Asia Pacific Electrocoating Meter market share and leading players, 2020
- FIGURE Latin America Electrocoating Meter market share and leading players, 2020
- FIGURE Middle East and Africa Electrocoating Meter market share and leading players, 2020
- FIGURE North America market share analysis by country, 2020
- FIGURE U.S. Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Canada Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Europe Electrocoating market share analysis by country, 2020
- FIGURE Germany Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Spain Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Italy Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE UK Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE France Electrocoating Meter market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Rest of the Europe Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Asia Pacific Electrocoating market share analysis by country, 2020
- FIGURE India Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE China Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Japan Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE South Korea Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Singapore Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Rest of APAC Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Latin America Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Latin America Electrocoating market share analysis by country, 2020
- FIGURE Brazil Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Mexico Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Argentina Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Rest of LATAM Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Middle East and Africa Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE Middle East and Africa Electrocoating market share analysis by country, 2020
- FIGURE Saudi Arabia Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
- FIGURE United Arab Emirates Electrocoating market size, forecast and trend analysis, 2017 to 2028 (USD Million)
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