Quick Summary:
In the rapidly evolving global Electrocoating market, strategic insights can mean the difference between maintaining pace and outshining competition. Our in-depth market research report, forecasting a revised market size of US$6.3 Billion by 2030, provides the comprehensive analysis necessary for informed decision-making within this dynamic field.
Crucially, this report offers an exhaustive segment analysis, with a special focus on Cathodic and Anodic sectors, among others. Necessary details on the U.S. and China markets, along with noteworthy regions, such as Japan, Canada, and Germany, equip you with the global competitive intelligence needed to strategize effectively. Furthermore, the report provides competitive profiling of leading players in the Electrocoating industry, ensuring you stay ahead of emerging trends and competitor strategies.
Our dedicated, holistic research approach ensures your investment in our report will deliver critical market insights, fueling your business growth through 2030 and beyond.
Global Electrocoating Market to Reach $6.3 Billion by 2030
The global market for Electrocoating estimated at US$4.3 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Cathodic, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$6.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Anodic segment is readjusted to a revised 3.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.9% CAGR
The Electrocoating market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 7.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.Select Competitors (Total 12 Featured) -
- Axalta Coating Systems LLC
- BASF SE
- Hawking Electrotechnology Limited
- KCC Corporation
- Luvata Oy
- Nippon Paint Holdings Co., Ltd.
- NOROO Paint & Coatings Co., Ltd
- PPG Industries, Inc.
- Tatung Fine Chemicals Co., Ltd.
- The Valspar Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Electrocoating?
What is the growth rate of the Global Market for Electrocoating?
What is the forecasted size of the Global Market for Electrocoating?
Who are the key companies in the Global Market for Electrocoating?
| Report Attribute | Details |
|---|---|
| No. of Pages | 179 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.3 Billion |
| Forecasted Market Value ( USD | $ 6.3 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Axalta Coating Systems LLC
- BASF SE
- Hawking Electrotechnology Limited
- KCC Corporation
- Luvata Oy
- Nippon Paint Holdings Co., Ltd.
- NOROO Paint & Coatings Co., Ltd
- PPG Industries, Inc.
- Tatung Fine Chemicals Co., Ltd.
- The Valspar Corporation
