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Upcoming Allied Market Research
2021
E-coat Market

E-Coat Market by Type (Cathodic Epoxy, Cathodic Acrylic, and Anodic) and Application (Passenger Cars, Commercial Vehicles, Automotive Parts & Accessories, Heavy-duty Equipment, and Appliances): Global Opportunity Analysis and Industry Forecast, 2020–2027

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COVID-19

Pandemic disrupted the entire world and affected many industries.

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E-Coat Market Insights and Forecast -2027

E-coat or electro-coat is an immersion technique in which electrically charged particles are deposited out of a water suspension to coat a conductive part. The coating thickness is controlled by the applied voltage.

The fundamental principle of e-coat technology is based on the ability of opposite charges to attract. This process is a method of painting, which uses electrical current to deposit the paint. A metal part is immersed in a water-based solution containing a paint emulsion. An electric voltage is applied to the part causing the paint emulsion to condense onto the part. The applied voltage limits the coating thickness. The e-coat technique is employed for uniform coating of interior and exterior surfaces. Low volatile organic compound products are used in e-coat as they give off no hazardous air pollutants. An additional environmental advantage of e-coat materials is that they produce very little solid waste compared to other coating techniques.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type and Application

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Axalta Coating Systems, PPG Industries, Inc., BASF SE, Nippon Paint Holdings Co., Ltd., The Valspar Corporation, Tatung Fine Chemicals Co., Ltd., KCC Corporation, Luvata OY, Hawking Electrotechnology Ltd., and Noroo Paint & Coatings Co., Ltd.

 

COVID-19 scenario analysis:

  • Many companies have claimed that the disruption in the supply of components from various countries due to the outbreak of COVID-19 will impact the company's planned production.
  • The ongoing issue of COVID-19 in several countries has affected the supply of many companies’ manufacturing facilities.
  • Almost every worker in every company has been affected due to the pandemic as there are jobs and salary cuts by the companies.
  • The COVID-19 is one of the first pandemics of its kind that is forcing the automotive industry to re-think its business.
  • The automotive segment may revive soon in the market but it will take a long time to get back on track for the entire market after the lockdown.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis 

Some of the factors influencing market are expected to spur the product demand over the forecast period. However, the high cost of equipment may hamper the growth of the market. Furthermore, the increasing use of low volatile organic compound products in e-coating, which provide non-hazardous air and pollutant-free products are expected to offer lucrative opportunities for the market over the forecast period.

The e-coat market trends are as follows:

Increasing government regulation for adapting organic compounds

Government regulations on air pollution have also influenced the e-coat market as the global demand for less volatile organic compounds and hazardous air-free products has increased. Recent progress in nanotechnology has imparted a significant positive change in the e-coat market. This included the incorporation of nanoparticles into paint formulations, thereby making paints more corrosion and scratch-resistant. Salient features of e-coat, such as uniform coating thickness, complete paint coverage, resistance to mechanical deformation, compatibility with other products, ease of application on a number of substrates, good chemical resistance, and aesthetic finishing, have helped it to garner attention in the global market.

Increasing customer inclination toward better performance  

E-coat materials offer superior performance and better properties, such as corrosion resistance and enhanced adhesion, which drive the growth of the market. In addition, the development of end-user industries and technological advancement propel the growth of the market. However, the high cost of equipment hampers the market growth. Moreover, as applied voltage limits the coating thickness in which the areas of high voltage build a coating, they become insulators, thus allowing lower voltage areas to build up. Therefore, the interior of a part can be coated as the exterior is fully insulated by the coating, further boosting the market growth over the forecast period.

Key segments covered:               

Segments

Sub-segments

  Type

  • Cathodic Epoxy
  • Cathodic Acrylic
  • Anodic

  Application

  • Passenger Cars
  • Commercial Vehicles
  • Automotive Parts & Accessories
  • Heavy-duty Equipment
  • Appliances

 

Key benefits of the report:

  • This study presents the analytical depiction of the e-coat market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the e-coat market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the e-coat market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS

3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities

CHAPTER 4 GLOBAL E-COAT MARKET, BY TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. CATHODIC EPOXY

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast

4.3. CATHODIC ACRYLIC

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast

4.4. ANODIC

4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast

CHAPTER 5 GLOBAL E-COAT MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. PASSENGER CARS

5.2.1. Key market trends
5.2.2. Growth factors and opportunities
5.2.3. Market size and forecast

5.3. COMMERCIAL VEHICLES

5.3.1. Key market trends
5.3.2. Growth factors and opportunities
5.3.3. Market size and forecast

5.4. AUTOMOTIVE PARTS & ACCESSORIES

5.4.1. Key market trends
5.4.2. Growth factors and opportunities
5.4.3. Market size and forecast

5.5. HEAVY DUTY EQUIPMENT

5.5.1. Key market trends
5.5.2. Growth factors and opportunities
5.5.3. Market size and forecast

5.6. APPLIANCES

5.6.1. Key market trends
5.6.2. Growth factors and opportunities
5.6.3. Market size and forecast

CHAPTER 6 GLOBAL E-COAT MARKET, BY GEOGRAPHY

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.2.3.1. By Type  
6.2.3.2. By Application

6.2.4. U.S.

6.2.4.1. Market size and forecast, by Type
6.2.4.2. Market size and forecast, by Application

6.2.5. Canada

6.2.5.1. Market size and forecast, by Type
6.2.5.2. Market size and forecast, by Application

6.2.6. Mexico

6.2.6.1. Market size and forecast, by Type
6.2.6.2. Market size and forecast, by Application

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.3.3.1. By Type  
6.3.3.2. By Application

6.3.4. Germany

6.3.4.1. Market size and forecast, by Type
6.3.4.2. Market size and forecast, by Application

6.3.5. France

6.3.5.1. Market size and forecast, by Type
6.3.5.2. Market size and forecast, by Application

6.3.6. UK

6.3.6.1. Market size and forecast, by Type
6.3.6.2. Market size and forecast, by Application

6.3.7. Italy

6.3.7.1. Market size and forecast, by Type
6.3.7.2. Market size and forecast, by Application

6.3.8. Russia

6.3.8.1. Market size and forecast, by Type
6.3.8.2. Market size and forecast, by Application

6.3.9. Rest of Europe

6.3.9.1. Market size and forecast, by Type
6.3.9.2. Market size and forecast, by Application

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.4.3.1. By Type  
6.4.3.2. By Application

6.4.4. China

6.4.4.1. Market size and forecast, by Type
6.4.4.2. Market size and forecast, by Application

6.4.5. Japan

6.4.5.1. Market size and forecast, by Type
6.4.5.2. Market size and forecast, by Application

6.4.6. India

6.4.6.1. Market size and forecast, by Type
6.4.6.2. Market size and forecast, by Application

6.4.7. South Korea

6.4.7.1. Market size and forecast, by Type
6.4.7.2. Market size and forecast, by Application

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast, by Type
6.4.8.2. Market size and forecast, by Application

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.5.3.1. By Type  
6.5.3.2. By Application

6.5.4. Brazil

6.5.4.1. Market size and forecast, by Type
6.5.4.2. Market size and forecast, by Application

6.5.5. Argentina

6.5.5.1. Market size and forecast, by Type
6.5.5.2. Market size and forecast, by Application

6.5.6. South Africa

6.5.6.1. Market size and forecast, by Type
6.5.6.2. Market size and forecast, by Application

6.5.7. Rest of LAMEA

6.5.7.1. Market size and forecast, by Type
6.5.7.2. Market size and forecast, by Application

CHAPTER 7 COMPANY PROFILES

7.1. AXALTA COATING SYSTEMS

7.1.1. Operating business segments
7.1.2. Business performance
7.1.3. Key strategic moves and developments

7.2. PPG INDUSTRIES, INC.

7.2.1. Operating business segments
7.2.2. Business performance
7.2.3. Key strategic moves and developments

7.3. BASF SE

7.3.1. Operating business segments
7.3.2. Business performance
7.3.3. Key strategic moves and developments

7.4. NIPPON PAINT HOLDINGS CO. LTD.

7.4.1. Operating business segments
7.4.2. Business performance
7.4.3. Key strategic moves and developments

7.5. THE VALSPAR CORPORATION

7.5.1. Operating business segments
7.5.2. Business performance
7.5.3. Key strategic moves and developments

7.6. TATUNG FINE CHEMICALS CO.LTD.

7.6.1. Operating business segments
7.6.2. Business performance
7.6.3. Key strategic moves and developments

7.7. KCC CORPORATION

7.7.1. Operating business segments
7.7.2. Business performance
7.7.3. Key strategic moves and developments

7.8. LUVATA OY

7.8.1. Operating business segments
7.8.2. Business performance
7.8.3. Key strategic moves and developments

7.9. HAWKING ELECTROTECHNOLOGY LTD.

7.9.1. Operating business segments
7.9.2. Business performance
7.9.3. Key strategic moves and developments

7.10. NAROO PAINT & COATINGS CO., LTD.

7.10.1. Operating business segments
7.10.2. Business performance
7.10.3. Key strategic moves and developments

 
 
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