Electrocoating Market 2018- It Increases The Overall Material Utilization And Minimizes The Wastage During The Coating Process

Market Scenario

The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Electrocoating by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

One of the major advantages of electrocoating is that it increases the overall material utilization and minimizes the wastage during the coating process. As a result, this decreases the overall cost of the coating application. Also, the capability of this coating process to provide good weathering, UV resistance, and chemical resistance will augment the growth of the electrocoating market during the forecast period.

One of the primary drivers for this market is the high efficiency and superior properties of electrocoating over other coating techniques. Electrocoating is preferred in various application segments such as automobiles, appliances, and industrial and heavy-industry due to its excellent performance and superior properties. Electrocoating possesses various economic and performance advantages, which makes it a preferred choice among other coating techniques.

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In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. Rapid industrialization and the flourishing automotive industry, especially in countries such as China and India are the key reasons for the dominance of this market in the global electrocoating market. Also, tax subsidies, incentives, and government regulations in countries like Malaysia and Indonesia will further propel the electrocoating market in the region during the next four years.

Industry Top Player’s

Aactron,Inc., Axalta Coating Systems, B.L DOWNEY company LLC, BASF SE, Burkard Industries, Chase Corp, Dymax Corp, Electro coatings, Green kote PLC, H.E.Orr company pvt, Hawking Electrotechnology, Henkel AG & Co. KGAA, KCC Corporation, Lippert components, Inc., Luvata Oy, Master coating technologies, Nippon Paint Holdings, Nordson Corp, Noroo Paint & Coatings, Oerlikon Metco Inc

The global electrocoating market is highly fragmented due to the presence of several international, regional, and local players. The established players have vast geographical presences with huge production facilities located, globally. Some players are able to gain market share as they incur lower costs compared with their competitors, while some players have better financial, technological, and R&D as a competitive advantage.

Market Segments

Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
• Passenger Cars
• Commercial Vehicles
• Automotive Parts & Accessories
• Heavy Duty Equipment
• Appliances
• Others

Region Coverage (Regional Output, Demand & Forecast by Countries etc.):
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
• Asia-Pacific (China, India, Japan, Southeast Asia etc.)
• South America (Brazil, Argentina etc.)
• Middle East & Africa (Saudi Arabia, South Africa etc.)

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Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):

Cathodic, Anodic

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