Market Overview:
The global anodic electrocoating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for anodic electrocoating in automotive, heavy duty equipment, decorative & hardware, appliances and other applications. Additionally, the growing demand for corrosion protection across various industries is also propelling the growth of this market.
Product Definition:
The anodic electrocoating process is a variation of the conventional electrocoating process that deposits a coating on metal parts by means of electric current. In the anodic electrocoating process, the metal part to be coated is placed in an electrolyte bath and connected to the negative terminal of a power supply. A coating material, usually a polymer, is dissolved in the electrolyte and applied to the part by means of electric current. The polymer deposits on the surface of the part and forms a protective coating.
Epoxy electrocoat:
Epoxy electrocoat is a one-component epoxy resin coating, which can be applied to steel and other metal surfaces. It offers several advantages over conventional coatings such as low operating costs, excellent corrosion resistance coupled with high durability. The product also provides high electrical conductivity along with good dielectric properties resulting in increased efficiency for the overall system.
The global anodic electrocoating market size was valued at USD 3,47 billion in 2015.
Acrylic electrocoat:
Acrylic electrocoat is a two- component electrocoating process which utilizes anodic and cathodic coatings on the same substrate at the same time. The major advantage of this process is that both anodic and cathodic coats can be applied to one substrate, saving cost as well as time.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. The demand is expected to be driven by the growing automobile production across the globe. In addition, rising demand for anodic electrocoated metal sheets in automobiles will drive growth during the forecast period.
The heavy-duty equipment segment is projected to witness significant growth over the forecast period owing to increasing industrialization and infrastructure development activities in developing countries such as India, China and Brazil. Furthermore, these countries are likely to witness rapid urbanization which will further propel product consumption during estimated timeframes.
In terms of volume, decorative & hardware application dominated with a market share of around 15% in 2017 on account of rising consumer spending on home dĩcor.
Regional Analysis:
Asia Pacific dominated the global anodic electrocoating market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as automotive, heavy-duty equipment, decorative & hardware, appliances and others. Increasing foreign investments coupled with favorable government policies are some major factors driving regional growth. For instance, in May 2017, Panasonic Corporation announced plans for investing around USD X billion by 2020 in India's power generation sector which includes setting up a thermal power station with an installed capacity of around 3 GW using coal bed methane gasification technology.
Europe accounted for over 20% of global revenue share in 2016 owing to growing demand from end-use industries such as decorative & hardware and appliances among other applications pertaining mainly consumer electronics products including mobile phones etc.
Growth Factors:
- Increasing demand for corrosion protection in end-use industries
- Growing automotive industry
- Rising demand for lightweight and durable coatings in aerospace industry
- Increasing penetration of anodic electrocoating in small and medium enterprises (SMEs)
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Anodic Electrocoating Market Research Report
By Type
Epoxy electrocoat, Acrylic electrocoat, Other
By Application
Automotive, Heavy Duty Equipment, Decorative & Hardware, Appliances, Other
By Companies
BASF, Axalta Coating Systems, Nippon Paint, PPG, Valspar, KCC, Modine, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Anodic Electrocoating Market Report Segments:
The global Anodic Electrocoating market is segmented on the basis of:
Types
Epoxy electrocoat, Acrylic electrocoat, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Heavy Duty Equipment, Decorative & Hardware, Appliances, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Axalta Coating Systems
- Nippon Paint
- PPG
- Valspar
- KCC
- Modine
- ...
Highlights of The Anodic Electrocoating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy electrocoat
- Acrylic electrocoat
- Other
- By Application:
- Automotive
- Heavy Duty Equipment
- Decorative & Hardware
- Appliances
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Anodic Electrocoating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Anodic electrocoating is a process of coating an object with a metal oxide film. The film provides protection from corrosion and offers other benefits, such as increased electrical conductivity.
Some of the major companies in the anodic electrocoating market are BASF, Axalta Coating Systems, Nippon Paint, PPG, Valspar, KCC, Modine.
The anodic electrocoating market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Anodic Electrocoating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Anodic Electrocoating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Anodic Electrocoating Market - Supply Chain
4.5. Global Anodic Electrocoating Market Forecast
4.5.1. Anodic Electrocoating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Anodic Electrocoating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Anodic Electrocoating Market Absolute $ Opportunity
5. Global Anodic Electrocoating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Anodic Electrocoating Market Size and Volume Forecast by Type
5.3.1. Epoxy electrocoat
5.3.2. Acrylic electrocoat
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Anodic Electrocoating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Anodic Electrocoating Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Heavy Duty Equipment
6.3.3. Decorative & Hardware
6.3.4. Appliances
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Anodic Electrocoating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Anodic Electrocoating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Anodic Electrocoating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Anodic Electrocoating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Anodic Electrocoating Demand Share Forecast, 2019-2029
9. North America Anodic Electrocoating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Anodic Electrocoating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Anodic Electrocoating Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Heavy Duty Equipment
9.4.3. Decorative & Hardware
9.4.4. Appliances
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Anodic Electrocoating Market Size and Volume Forecast by Type
9.7.1. Epoxy electrocoat
9.7.2. Acrylic electrocoat
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Anodic Electrocoating Demand Share Forecast, 2019-2029
10. Latin America Anodic Electrocoating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Anodic Electrocoating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Anodic Electrocoating Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Heavy Duty Equipment
10.4.3. Decorative & Hardware
10.4.4. Appliances
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Anodic Electrocoating Market Size and Volume Forecast by Type
10.7.1. Epoxy electrocoat
10.7.2. Acrylic electrocoat
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Anodic Electrocoating Demand Share Forecast, 2019-2029
11. Europe Anodic Electrocoating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Anodic Electrocoating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Anodic Electrocoating Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Heavy Duty Equipment
11.4.3. Decorative & Hardware
11.4.4. Appliances
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Anodic Electrocoating Market Size and Volume Forecast by Type
11.7.1. Epoxy electrocoat
11.7.2. Acrylic electrocoat
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Anodic Electrocoating Demand Share, 2019-2029
12. Asia Pacific Anodic Electrocoating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Anodic Electrocoating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Anodic Electrocoating Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Heavy Duty Equipment
12.4.3. Decorative & Hardware
12.4.4. Appliances
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Anodic Electrocoating Market Size and Volume Forecast by Type
12.7.1. Epoxy electrocoat
12.7.2. Acrylic electrocoat
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Anodic Electrocoating Demand Share, 2019-2029
13. Middle East & Africa Anodic Electrocoating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Anodic Electrocoating Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Anodic Electrocoating Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Heavy Duty Equipment
13.4.3. Decorative & Hardware
13.4.4. Appliances
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Anodic Electrocoating Market Size and Volume Forecast by Type
13.7.1. Epoxy electrocoat
13.7.2. Acrylic electrocoat
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Anodic Electrocoating Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Anodic Electrocoating Market: Market Share Analysis
14.2. Anodic Electrocoating Distributors and Customers
14.3. Anodic Electrocoating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Axalta Coating Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon Paint
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PPG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Valspar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KCC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Modine
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
