Market Overview:
The global epoxy 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 epoxy electrocoating in automotive, heavy duty equipment, decorative & hardware, appliances and other applications. In terms of type, cathodic epoxy electrocoating is expected to lead the market during the forecast period owing to its properties such as corrosion resistance and durability. In terms of region, North America is expected to lead the global epoxy electrocoating market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Epoxy electrocoating is a process that coats an object with a layer of epoxy. The epoxy can be used to protect the object from corrosion or to improve its appearance.
Cathodic:
Cathodic is an electrocoating technology that utilizes a cathode ray tube to deposit coatings on metal or plastic parts. It can be used for both, high volume and low volume applications. The major advantage of this process is the ability to control the thickness of the coating by changing current density and flow rate.
Anodic:
Anodic is the first step in an electrocoating process. It is also known as the metalizing or cathodic process. In this stage, a positive charge is generated on the coated material and it attracts electrons to form a protective coating on the material by removing oxygen and water from surface of workpiece.
Application Insights:
The automotive application segment accounted for a volume share of over 30% in 2017. Increasing demand for vehicles, especially in emerging economies is expected to have a positive impact on the industry growth over the forecast period. Epoxy coatings are used extensively in automotive applications as they offer superior corrosion resistance and protection against harsh environmental conditions such as UV rays, rain, snow and sleet. The growing importance of aesthetics coupled with rising consumer preference is likely to drive epoxy coatings demand from the automobile sector over the forecast period.
Epoxy coatings are also used extensively in heavy-duty equipment & machinery applications owing to their properties such as high strength and durability under extreme temperatures ranging from -40°C to 140°C which makes them ideal for industrial purposes including oil & gas pipelines, chemical storage tanks etcetera.
Regional Analysis:
Asia Pacific dominated the global epoxy electrocoating market in 2017 and accounted for over 45% of the total revenue share. The region is expected to witness significant growth in terms of automotive production, construction spending, and consumer electronics manufacturing due to increasing disposable income levels.
The growing demand for automobiles across emerging economies such as China and India coupled with rising investments by multinational companies is anticipated to drive the regional market over the forecast period. In addition, favorable government regulations aimed at promoting domestic manufacturing are likely to contribute significantly towards industry expansion over the coming years.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for corrosion protection of metal parts.
- Growing demand for epoxy electrocoating in Asia Pacific due to rising industrialization and urbanization.
- Technological advancements in epoxy electrocoating that offer better performance, durability, and quality.
- Rising environmental awareness among consumers that is prompting them to opt for more sustainable coating solutions such as epoxy electrocoating over traditional coatings such as paints and lacquers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Electrocoating Market Research Report
By Type
Cathodic, Anodic, Other
By Application
Automotive, Heavy Duty Equipment, Decorative & Hardware, Appliances, Other
By Companies
BASF, Axalta Coating Systems, Nippon Paint, PPG, Valspar, Shanghai Kinlita Chemical, KCC, Modine, Shimizu, Tatung Fine Chemicals
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Electrocoating Market Report Segments:
The global Epoxy Electrocoating market is segmented on the basis of:
Types
Cathodic, Anodic, 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
- Shanghai Kinlita Chemical
- KCC
- Modine
- Shimizu
- Tatung Fine Chemicals
Highlights of The Epoxy 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:
- Cathodic
- Anodic
- 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 Epoxy 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?
Epoxy electrocoating is a process that coats a surface with an epoxy resin. The resin is mixed with an electric current, which causes it to form a thin film on the surface. This film can be used to protect the surface from corrosion and other damage.
Some of the major companies in the epoxy electrocoating market are BASF, Axalta Coating Systems, Nippon Paint, PPG, Valspar, Shanghai‚Â Kinlita‚Â Chemical, KCC, Modine, Shimizu, Tatung Fine Chemicals.
The epoxy 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. Epoxy 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. Epoxy Electrocoating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Epoxy Electrocoating Market - Supply Chain
4.5. Global Epoxy Electrocoating Market Forecast
4.5.1. Epoxy Electrocoating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Epoxy Electrocoating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Epoxy Electrocoating Market Absolute $ Opportunity
5. Global Epoxy 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. Epoxy Electrocoating Market Size and Volume Forecast by Type
5.3.1. Cathodic
5.3.2. Anodic
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Epoxy 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. Epoxy 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 Epoxy 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. Epoxy 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 Epoxy 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. Epoxy 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 Epoxy Electrocoating Demand Share Forecast, 2019-2029
9. North America Epoxy 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 Epoxy 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 Epoxy 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 Epoxy Electrocoating Market Size and Volume Forecast by Type
9.7.1. Cathodic
9.7.2. Anodic
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 Epoxy Electrocoating Demand Share Forecast, 2019-2029
10. Latin America Epoxy 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 Epoxy 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 Epoxy 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 Epoxy Electrocoating Market Size and Volume Forecast by Type
10.7.1. Cathodic
10.7.2. Anodic
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 Epoxy Electrocoating Demand Share Forecast, 2019-2029
11. Europe Epoxy 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 Epoxy 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 Epoxy 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 Epoxy Electrocoating Market Size and Volume Forecast by Type
11.7.1. Cathodic
11.7.2. Anodic
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 Epoxy Electrocoating Demand Share, 2019-2029
12. Asia Pacific Epoxy 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 Epoxy 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 Epoxy 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 Epoxy Electrocoating Market Size and Volume Forecast by Type
12.7.1. Cathodic
12.7.2. Anodic
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 Epoxy Electrocoating Demand Share, 2019-2029
13. Middle East & Africa Epoxy 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 Epoxy 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 Epoxy 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 Epoxy Electrocoating Market Size and Volume Forecast by Type
13.7.1. Cathodic
13.7.2. Anodic
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 Epoxy Electrocoating Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Epoxy Electrocoating Market: Market Share Analysis
14.2. Epoxy Electrocoating Distributors and Customers
14.3. Epoxy 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. Shanghai Kinlita Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KCC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Modine
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shimizu
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tatung Fine Chemicals
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
