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Electrocoating Market

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    Report

  • 118 Pages
  • December 2022
  • Region: Global
  • Polaris Market Research
  • ID: 5724215
The global electrocoating market size is expected to reach USD 5.69 billion by 2030, according to a new study. The report “Electrocoating Market Share, Size, Trends, Industry Analysis Report, By Type (Cathodic Epoxy, Cathodic Acrylic, Anodic); By Application, By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Heavy-duty equipment manufacturers for trucking, military, agricultural, and construction applications should strongly consider electrocoating. The demands of weather, time, and complex tasks must be met by costly heavy-duty equipment. E-coating is the current solution for preventing corrosion on new equipment and ensuring its durability in the face of challenging working conditions when it comes to coating engine parts, body panels, accessories, suspensions, and more.

Emergency medical vehicles and fire trucks also gain attention due to the e-coating process. Every day, these vehicles are subjected to strain and complex physical conditions. Scratches and bumps do not develop into corrosion areas where the paint starts peeling with electroplating. E-coating also protects against harsh chemicals frequently present at accident and fire scenes and winter road salt.

With the help of electrocoating, the most crucial machinery maintains its showroom appearance and prevents premature corrosion, from farming equipment to fire trucks. Due to the wide variety of applications of E-coating in various segments, its market is growing with the fastest CAGR. For instance, in Florida, PPG Industries announced to highlight its pretreatment and electroplating technologies at ECOAT’22 on April 2022.

Due to their superior corrosion resistance, good edge coverage, and capacity to effectively coat even the most complex designs, electrocoating is used in military vehicles and components. Electrocoating is an excellent option for frame rails, body panels, and military cabs. Our epoxy primers are an excellent basis for powder coat topcoats and offer great adherence to various surfaces. Today, the electrocoating (e-Coat) technique has been selected by the United States Army and the United States Marine Corps as their central coating technology for preventing corrosion.

Electrocoating Market Report Highlights

  • Cathodic Epoxy technique can also be employed for single-coat applications when resistance to ultraviolet (UV) rays is not required.
  • Anodic epoxy electrocoat products generally have best adhesion and corrosion resistance than regularly used liquid paint priming materials.
  • Agricultural sector is fueling the market’s growth due to the electroplating of agricultural equipment.
  • The need for e-coating in the Asia-Pacific area is fueled by several important factors, including rising vehicle production, increasing farmers using advanced agricultural equipment, and expanding industries.
  • The global players include Allnex, Arkema, IFB Industries, Solvay, FAWER Y-TEC Automotive Chassis System, and Axalta Coating Systems.

The publisher has segmented the electrocoating market report based on type, application, and region

Electrocoating, Type Outlook (Revenue - USD Billion, 2018 - 2030)

  • Cathodic Epoxy
  • Cathodic Acrylic
  • Anodic

Electrocoating, Application Outlook (Revenue - USD Billion, 2018 - 2030)

  • Passenger Cars
  • Commercial Vehicles
  • Automotive Parts and Accessories
  • Heavy-duty Equipment
  • Appliances
  • Other Applications

Electrocoating, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the Electrocoating Market

What is the estimated value of the Electrocoating Market?

The Electrocoating Market was estimated to be valued at $4.01 billion in 2022.

What is the growth rate of the Electrocoating Market?

The growth rate of the Electrocoating Market is 4.5%, with an estimated value of $5.69 billion by 2030.

What is the forecasted size of the Electrocoating Market?

The Electrocoating Market is estimated to be worth $5.69 billion by 2030.

Who are the key companies in the Electrocoating Market?

Key companies in the Electrocoating Market include Allnex, Arkema, IFB Industries, Solvay, FAWER Y, TEC Automotive Chassis System, Axalta Coating Systems, PPG Industries and Nippon Paint Holdings.

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary
2.1. Market Highlights

3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources

4. Global Electrocoating Market Insights
4.1. Electrocoating Market - Industry Snapshot
4.2. Electrocoating Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Stricter environmental regulations
4.2.1.2. Advancement in technology
4.2.2. Restraints and Challenges
4.2.2.1. Requirement of different tanks in different colors
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Electrocoating Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Electrocoating Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Electrocoating, by Type, 2018 - 2030 (USD Billion)
5.3. Cathodic Epoxy
5.3.1. Global Electrocoating Market, by Cathodic Epoxy, by Region, 2018 - 2030 (USD Billion)
5.4. Cathodic Acrylic
5.4.1. Global Electrocoating Market, by Cathodic Acrylic, by Region, 2018 - 2030 (USD Billion)
5.5. Anodic
5.5.1. Global Electrocoating Market, by Anodic, by Region, 2018 - 2030 (USD Billion)

6. Global Electrocoating Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
6.3. Passenger Cars
6.3.1. Global Electrocoating Market, by Passenger Cars, by Region, 2018 - 2030 (USD Billion)
6.4. Commercial Vehicles
6.4.1. Global Electrocoating Market, by Commercial Vehicles, by Region, 2018 - 2030 (USD Billion)
6.5. Automotive Parts and Accessories
6.5.1. Global Electrocoating Market, by Automotive Parts and Accessories, by Region, 2018 - 2030 (USD Billion)
6.6. Heavy-duty Equipment
6.6.1. Global Electrocoating Market, by Heavy-duty Equipment, by Region, 2018 - 2030 (USD Billion)
6.7. Appliances
6.7.1. Global Electrocoating Market, by Appliances, by Region, 2018 - 2030 (USD Billion)
6.8. Other Applications
6.8.1. Global Electrocoating Market, by Other Applications, by Region, 2018 - 2030 (USD Billion)

7. Global Electrocoating Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Electrocoating Market Assessment, By Geography, 2018 - 2030 (USD Billion)
7.3. Electrocoating Market - North America
7.3.1. North America: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.3.2. North America: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.3.3. Electrocoating Market - U.S.
7.3.3.1. U.S.: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.3.3.2. U.S.: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.3.4. Electrocoating Market - Canada
7.3.4.1. Canada: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.3.4.2. Canada: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.4. Electrocoating Market - Europe
7.4.1. Europe: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.4.2. Europe: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.4.3. Electrocoating Market - UK
7.4.3.1. UK: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.4.3.2. UK: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.4.4. Electrocoating Market - France
7.4.4.1. France: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.4.4.2. France: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.4.5. Electrocoating Market - Germany
7.4.5.1. Germany: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.4.5.2. Germany: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.4.6. Electrocoating Market - Italy
7.4.6.1. Italy: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.4.6.2. Italy: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.4.7. Electrocoating Market - Spain
7.4.7.1. Spain: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.4.7.2. Spain: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.4.8. Electrocoating Market - Netherlands
7.4.8.1. Netherlands: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.4.8.2. Netherlands: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.4.9. Electrocoating Market - Russia
7.4.9.1. Russia: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.4.9.2. Russia: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.5. Electrocoating Market - Asia Pacific
7.5.1. Asia Pacific: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.5.2. Asia Pacific: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.5.3. Electrocoating Market - China
7.5.3.1. China: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.5.3.2. China: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.5.4. Electrocoating Market - India
7.5.4.1. India: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.5.4.2. India: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.5.5. Electrocoating Market - Malaysia
7.5.5.1. Malaysia: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.5.5.2. Malaysia: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.5.6. Electrocoating Market - Japan
7.5.6.1. Japan: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.5.6.2. Japan: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.5.7. Electrocoating Market - Indonesia
7.5.7.1. Indonesia: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.5.7.2. Indonesia: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.5.8. Electrocoating Market - South Korea
7.5.8.1. South Korea: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.5.8.2. South Korea: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.6. Electrocoating Market - Middle East & Africa
7.6.1. Middle East & Africa: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.6.2. Middle East & Africa: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.6.3. Electrocoating Market - Saudi Arabia
7.6.3.1. Saudi Arabia: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.6.3.2. Saudi Arabia: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.6.4. Electrocoating Market - UAE
7.6.4.1. UAE: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.6.4.2. UAE: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.6.5. Electrocoating Market - Israel
7.6.5.1. Israel: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.6.5.2. Israel: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.6.6. Electrocoating Market - South Africa
7.6.6.1. South Africa: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.6.6.2. South Africa: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.7. Electrocoating Market - Latin America
7.7.1. Latin America: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.7.2. Latin America: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.7.3. Electrocoating Market - Mexico
7.7.3.1. Mexico: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.7.3.2. Mexico: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.7.4. Electrocoating Market - Brazil
7.7.4.1. Brazil: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.7.4.2. Brazil: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)
7.7.5. Electrocoating Market - Argentina
7.7.5.1. Argentina: Electrocoating Market, by Application, 2018 - 2030 (USD Billion)
7.7.5.2. Argentina: Electrocoating Market, by Type, 2018 - 2030 (USD Billion)

8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles
9.1. Allnex
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Arkema
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. IFB Industries
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. Solvay
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. FAWER Y-TEC Automotive
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Axalta Coating
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. PPG Industries
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. BASF
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. Nippon Paint Holdings
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Valspar
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Tatung Fine Chemicals
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. KCC Corporation
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Luvata Oy
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development
9.14. Hawking Electrotechnology
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Recent Development
9.15. NOROO Paints
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Recent Development

Companies Mentioned

  • Allnex
  • Arkema
  • IFB Industries
  • Solvay
  • FAWER Y-TEC Automotive Chassis System
  • Axalta Coating Systems
  • PPG Industries
  • BASF SE
  • Nippon Paint Holdings
  • Valspar
  • Tatung Fine Chemicals
  • KCC Corporation
  • Luvata Oy
  • Hawking Electrotechnology
  • NOROO Paint & Coatings.