E-Coat Market Expected to Secure Notable Revenue Share During 2021-2027 | Akzo Nobel N.V, NIPSEA Group, BASF SE

Electrocoating or E-coating is a process in which a metal is submerged in a water-based solution containing a paint emulsion, following which an electric voltage is applied to the metal enabling the paint emulsion to abridge on top of the part. The metal part can be painted both inside and out, wherever the liquid is able to reach a metal surface. As areas of high voltage build a coating, they take the form of insulators, thus allowing the lower voltage areas to build up.

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Leading companies in the global e-coat market include PPG Industries, Inc., Akzo Nobel N.V, NIPSEA Group, BASF SE, Axalta Coating Systems, Chugoku Marine Paints Ltd, The Valspar Corporation, and The Sherwin-Williams Company.

E-Coat Market Taxonomy

On the basis of product type, the global E-Coat market is classified into:

Cathodic
Cathodic Acrylic
Cathodic Epoxy
Anodic
Anodic Acrylic
Anodic Epoxy

On the basis of application, the global E-Coat market is classified into:

Passenger Cars
Commercial Vehicles
Automotive Parts & Accessories
Heavy-Duty Equipment
Agricultural Equipment
Construction Equipment
Military & Aerospace Equipment
Appliances
Others
Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

Primary Research (Trade Surveys and Experts Interviews)
Desk Research
Proprietor Data Analytics Model

E-Coat Market Outlook – Superior performance and better properties coupled with increasing technological developments is propelling growth of the market

Growth in housing and construction sector along with rising trends of remodeling in various North American and Western European countries act as the main market drivers of e-coat market. Consequently, recuperation of the construction of housing units also back the amplifying demand for e-coat in the residential buildings, commercial apartments and educational institutions that further augments the demand for architectural along with the decorative coatings.

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Key Developments

In March 2019, PPG Industries, Inc. launched PPG POWERCRON 160 e-coat, an anionic epoxy coating having low volatile organic compound (VOC) content. The product was launched in North American market. The product is launched for automotive, casting, and heavy duty equipment manufacturers.

In July 2018, PPG Industries, Inc. launched its new e-coat primer, PPG Enviro-Prime 8000, in Chinese market. The product is launched for automotive original equipment manufacturers. The new product launch will help PPG Industries to expand its market presence in China’s e-coat market.

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