Market Overview:
The global electrical appliance coating market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for appliances across the globe. In addition, the growing awareness about energy-efficient appliances is also propelling the growth of this market. The global electrical appliance coating market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into plastics, ceramics and steel coatings. Among these types, plastics are expected to witness highest growth during forecast period owing to their properties such as durability and resistance against scratches and fading colors. On account of increasing applications such as microwave ovens, coffee machines, washing machines etc., Asia Pacific is anticipated to register highest CAGR during forecast period followed by Europe .
Product Definition:
An appliance coating is a type of paint that is applied to appliances in order to protect them from rust and corrosion. Appliance coatings are typically made from enamel or epoxy, and they can be either oil-based or water-based. Appliance coatings are important because they protect appliances from damage, which can lead to premature failure.
Plastics:
Plastic is a synthetic material that can be categorized as a polymeric substance derived from either natural products such as petroleum, coal, and ethylene or artificial compounds. Plastics are widely used in the electrical appliance coating industry owing to their properties such as durability, flexibility in terms of molding & design and high strength. The growing demand for energy-efficient appliances coupled with stringent regulations on VOC emissions is expected to drive the global plastic's usage over the forecast period.
Ceramics:
Ceramics is a group of solid materials that are resistant to heat, electricity and chemicals. The most common types of ceramics include porcelain, ceramic tiles, bathroom fittings & Tiles and kitchen fittings among others. Ceramic coatings are applied on electrical appliances in order to protect them from damage caused by corrosion or rusting which may be a result of external factors such as moisture or water vapor among others.
Application Insights:
The other application segment includes air conditioners, refrigerators, vacuum cleaners and microwave ovens. The demand for the product in air conditioning systems is expected to witness growth owing to its ability to control the temperature of various components within a system. In addition, it also helps extend the life of these systems by reducing heat build-up on electrical components.
The market for electrical appliances is characterized by high penetration in developed regions and growing dominance in developing regions like Asia Pacific and Latin America due to increasing disposable income levels coupled with rising living standards. This trend is projected to continue over the forecast period as well due to changing consumer lifestyles along with increasing spending capacity across various countries globally.
Coffee machines are one of the most purchased household appliances across households globally as coffee has become an essential part of many people's daily lives over recent years owing to its benefits such as improved alertness and mental performance along with weight loss benefits according religious scripture.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing disposable income, growing population, and rapid urbanization in developing countries such as China and India. In addition, rising demand for energy-efficient products will drive the regional market further. Europe is also projected to witness significant growth over the coming years owing to stringent government regulations regarding product maintenance. For instance, according to EU law; from 2017; all electrical equipment including vacuum cleaners has been required to have a certification mark that indicates whether it meets energy efficiency standards or not (ENERGY STAR certified).
Growth Factors:
- Increasing demand from electrical appliance manufacturers for coatings that improve the performance and durability of their products.
- Growing popularity of coated appliances among consumers, who appreciate the benefits they offer in terms of appearance, functionality and longevity.
- Advances in coating technologies that make it possible to apply coatings more quickly and at lower cost, while still achieving desired results.
- Increased focus by electrical appliance coating suppliers on developing innovative new coatings that meet the specific needs of different types of appliances.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Appliance Coating Market Research Report
By Type
Plastics, Ceramics, Steel
By Application
Microwave Ovens, Coffee Machines, Washing Machines, Air Conditioners, Refrigerators, Vacuum Cleaners, Other
By Companies
DSM, Rust-Oleum, Krylon, Giani, SOVIFOR, Nippon Paint, Erie Powder Coatings, GMM Development Limited, Axalta Coating Systems
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Appliance Coating Market Report Segments:
The global Electrical Appliance Coating market is segmented on the basis of:
Types
Plastics, Ceramics, Steel
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
Microwave Ovens, Coffee Machines, Washing Machines, Air Conditioners, Refrigerators, Vacuum Cleaners, 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:
- DSM
- Rust-Oleum
- Krylon
- Giani
- SOVIFOR
- Nippon Paint
- Erie Powder Coatings
- GMM Development Limited
- Axalta Coating Systems
Highlights of The Electrical Appliance Coating 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:
- Plastics
- Ceramics
- Steel
- By Application:
- Microwave Ovens
- Coffee Machines
- Washing Machines
- Air Conditioners
- Refrigerators
- Vacuum Cleaners
- 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 Electrical Appliance Coating 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?
Electrical appliance coating is a protective finish applied to electrical equipment, such as lamps and switches, to prevent corrosion.
Some of the major companies in the electrical appliance coating market are DSM, Rust-Oleum, Krylon, Giani, SOVIFOR, Nippon Paint, Erie Powder Coatings, GMM Development Limited, Axalta Coating Systems.
The electrical appliance coating market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrical Appliance Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrical Appliance Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrical Appliance Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrical Appliance Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrical Appliance Coating Market Size & Forecast, 2018-2028
4.5.1 Electrical Appliance Coating Market Size and Y-o-Y Growth
4.5.2 Electrical Appliance Coating Market Absolute $ Opportunity
Chapter 5 Global Electrical Appliance Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrical Appliance Coating Market Size Forecast by Type
5.2.1 Plastics
5.2.2 Ceramics
5.2.3 Steel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrical Appliance Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrical Appliance Coating Market Size Forecast by Applications
6.2.1 Microwave Ovens
6.2.2 Coffee Machines
6.2.3 Washing Machines
6.2.4 Air Conditioners
6.2.5 Refrigerators
6.2.6 Vacuum Cleaners
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrical Appliance Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrical Appliance Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrical Appliance Coating Analysis and Forecast
9.1 Introduction
9.2 North America Electrical Appliance Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrical Appliance Coating Market Size Forecast by Type
9.6.1 Plastics
9.6.2 Ceramics
9.6.3 Steel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrical Appliance Coating Market Size Forecast by Applications
9.10.1 Microwave Ovens
9.10.2 Coffee Machines
9.10.3 Washing Machines
9.10.4 Air Conditioners
9.10.5 Refrigerators
9.10.6 Vacuum Cleaners
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrical Appliance Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Electrical Appliance Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrical Appliance Coating Market Size Forecast by Type
10.6.1 Plastics
10.6.2 Ceramics
10.6.3 Steel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrical Appliance Coating Market Size Forecast by Applications
10.10.1 Microwave Ovens
10.10.2 Coffee Machines
10.10.3 Washing Machines
10.10.4 Air Conditioners
10.10.5 Refrigerators
10.10.6 Vacuum Cleaners
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrical Appliance Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrical Appliance Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrical Appliance Coating Market Size Forecast by Type
11.6.1 Plastics
11.6.2 Ceramics
11.6.3 Steel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrical Appliance Coating Market Size Forecast by Applications
11.10.1 Microwave Ovens
11.10.2 Coffee Machines
11.10.3 Washing Machines
11.10.4 Air Conditioners
11.10.5 Refrigerators
11.10.6 Vacuum Cleaners
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrical Appliance Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrical Appliance Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrical Appliance Coating Market Size Forecast by Type
12.6.1 Plastics
12.6.2 Ceramics
12.6.3 Steel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrical Appliance Coating Market Size Forecast by Applications
12.10.1 Microwave Ovens
12.10.2 Coffee Machines
12.10.3 Washing Machines
12.10.4 Air Conditioners
12.10.5 Refrigerators
12.10.6 Vacuum Cleaners
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrical Appliance Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrical Appliance Coating Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrical Appliance Coating Market Size Forecast by Type
13.6.1 Plastics
13.6.2 Ceramics
13.6.3 Steel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrical Appliance Coating Market Size Forecast by Applications
13.10.1 Microwave Ovens
13.10.2 Coffee Machines
13.10.3 Washing Machines
13.10.4 Air Conditioners
13.10.5 Refrigerators
13.10.6 Vacuum Cleaners
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrical Appliance Coating Market: Competitive Dashboard
14.2 Global Electrical Appliance Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DSM
14.3.2 Rust-Oleum
14.3.3 Krylon
14.3.4 Giani
14.3.5 SOVIFOR
14.3.6 Nippon Paint
14.3.7 Erie Powder Coatings
14.3.8 GMM Development Limited
14.3.9 Axalta Coating Systems
