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Market Analysis and Insights: Global E-Coat Market
E-coating, also known as electrocoating, electropainting etc. is a high-tech process that has been developed over the last fifty years. The E-coat process was originally developed for applying an anti-corrosive coating over steel car bodies. E-coats processes are used for coating a wide range of consumer goods including hardware, jewellery, eyeglass frames, giftware and many other items.
Users recognize E-coat’s ability to paint high production volumes of parts with a unique combination of decoration and protection. Material utilization is close to 100%. This high production efficiency coupled with advanced quality results in lower unit costs.
Due to the COVID-19 pandemic, the global E-Coat market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Cathodic Epoxy accounting for % of the E-Coat global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Automotive segment is altered to an % CAGR throughout this forecast period.
In the US, the main producers of e-Coat electronic Coating are Axalta Coating Systems, PPG, Valspar, BASF and Nippon Paint, which account for about 90% of the market.
Global E-Coat Scope and Market Size
The global E-Coat market is segmented by company, region (country), type and 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), type and application for the period 2018-2029.
Segment by Type
Cathodic Epoxy
Cathodic Acrylic
Anodic
Segment by Application
Automotive
Heavy Duty Equipment
Auto Parts & Accessories
Decorative & Hardware
Appliances
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Axalta Coating Systems
PPG
Valspar
BASF
Nippon Paint
E-coating, also known as electrocoating, electropainting etc. is a high-tech process that has been developed over the last fifty years. The E-coat process was originally developed for applying an anti-corrosive coating over steel car bodies. E-coats processes are used for coating a wide range of consumer goods including hardware, jewellery, eyeglass frames, giftware and many other items.
Users recognize E-coat’s ability to paint high production volumes of parts with a unique combination of decoration and protection. Material utilization is close to 100%. This high production efficiency coupled with advanced quality results in lower unit costs.
Due to the COVID-19 pandemic, the global E-Coat market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Cathodic Epoxy accounting for % of the E-Coat global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Automotive segment is altered to an % CAGR throughout this forecast period.
In the US, the main producers of e-Coat electronic Coating are Axalta Coating Systems, PPG, Valspar, BASF and Nippon Paint, which account for about 90% of the market.
Global E-Coat Scope and Market Size
The global E-Coat market is segmented by company, region (country), type and 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), type and application for the period 2018-2029.
Segment by Type
Cathodic Epoxy
Cathodic Acrylic
Anodic
Segment by Application
Automotive
Heavy Duty Equipment
Auto Parts & Accessories
Decorative & Hardware
Appliances
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Axalta Coating Systems
PPG
Valspar
BASF
Nippon Paint
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