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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.
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.
Market Analysis and Insights: Global E-Coat Market
The global E-Coat market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global E-Coat Scope and Market Size
The global E-Coat market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global E-Coat market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Anodic Epoxy
Anodic Acrylic
Cathodic Epoxy
Cathodic Acrylic
Segment by Application
Passenger Cars
Commercial Vehicles
Automotive Parts & Accessories
Heavy-Duty Equipment
Appliances
The E-Coat market is analysed and market size information is provided by regions (countries). Segment by Application, the E-Coat market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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
ClearClad
Therma-Tron-X
The Decc Company
B.L. Downey Company LLC
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.
Market Analysis and Insights: Global E-Coat Market
The global E-Coat market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global E-Coat Scope and Market Size
The global E-Coat market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global E-Coat market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Anodic Epoxy
Anodic Acrylic
Cathodic Epoxy
Cathodic Acrylic
Segment by Application
Passenger Cars
Commercial Vehicles
Automotive Parts & Accessories
Heavy-Duty Equipment
Appliances
The E-Coat market is analysed and market size information is provided by regions (countries). Segment by Application, the E-Coat market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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
ClearClad
Therma-Tron-X
The Decc Company
B.L. Downey Company LLC
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