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Electrophoretic Painting Process (E-Coat) is a process where 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. A part can be painted both inside and out, wherever the liquid is able to reach a metal surface. The coating thickness is limited by the applied voltage. As areas of high voltage build a coating they become insulators thus allowing lower voltage areas to build up. Finally, the interior of a part can be coated since the exterior is fully insulated by the coating.
Scope of the Report:
The market is witnessing steady growth because of demand for e-coats in end-use industries such as automotive and appliances.
Automotive (including manufacturing and auto parts) is the most popular and the fastest-growing segment in the E-coat industry, which accounting for over 61% of the demand market in 2016. The application of metallic paints has increased in passenger cars, as they provide sparkling and glossy effect, due to which there is high demand among customers. The automotive manufacturers have introduced the trend of color customization in vehicles, especially in passenger cars, which is expected to drive the market.
In 2016, the cathodic epoxy E-coat is estimated to account for the largest market share (about 53% of USA), in terms of value. Cathodic epoxy e-coat is the conventional type of e-coat used to provide corrosion resistance to the automotive and appliances bodies. It is widely used in the automotive industry, as it provides superior salt spray, resistance to humidity, and cyclic corrosion resistance.
The key players in this market are Axalta Coating Systems, PPG Industries, BASF, Nippon Paint and Valspar Corporation.
The worldwide market for E-Coat is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the E-Coat in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Axalta Coating Systems
- PPG Industries, Inc.
- BASF SE
- Nippon Paint Holdings
- The Valspar Corporation
- Tatung Fine Chemicals
- KCC Corporation
- Luvata Oy
- Hawking Electrotechnology Ltd
- NOROO Paint & Coatings Co., Ltd.
- Koch Membrane System, Inc
- The Decc Company
- B.L. Downey Company LLC
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Anodic Epoxy
- Anodic Acrylic
- Cathodic Epoxy
- Cathodic Acrylic
Market Segment by Applications, can be divided into
- Passenger Cars
- Commercial Vehicles
- Automotive Parts & Accessories
- Heavy-Duty Equipment
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe E-Coat product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of E-Coat, with price, sales, revenue and global market share of E-Coat in 2017 and 2018.
Chapter 3, the E-Coat competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the E-Coat breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, E-Coat market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe E-Coat sales channel, distributors, customers, research findings and conclusion, appendix and data source.