Latest Electrocoating Market by Type (Cathodic Epoxy, Cathodic Acrylic, Anodic), Application (Passenger Cars, Commercial Vehicles, Automotive Parts & Accessories, Heavy-Duty Equipment, Appliances) and Region

The Electrocoating research report explains the competitive hierarchy of this global Electrocoating market by analyzing key strategies of companies operating in the market and their impact analysis. Here, the competitive landscape is because of market suppliers, numerous sales channels, and revenue share. Moreover, the report offers an overview of the market’s determined vendors and the major market players. It also highlights the market value, growth rate, and key players operating the Electrocoating market.

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The global electrocoating market size is projected to grow from USD 3.9 billion in 2021 to USD 5.0 billion by 2026, at a CAGR of 4.7% during the forecast period. Electrocoating Market by Type (Cathodic Epoxy, Cathodic Acrylic, Anodic), Application (Passenger Cars, Commercial Vehicles, Automotive Parts & Accessories, Heavy-Duty Equipment, Appliances) and Region – Global Forecast to 2026.

The report provides a comprehensive analysis of company profiles listed below:

  • PPG Industries Inc. (US)
  • Axalta Coating Systems Ltd. (US)
  • BASF SE (Germany)
  • The Sherwin Willaims Company (US)
  • Nippon Paint Holdings Co. Ltd. (Japan)
  • Tatung Fine Chemicals Co. Ltd (Taiwan)
  • KCC Corporation (South Korea)
  • Kansai Paint Co. Ltd (Japan)
  • L.Downey Company LLC (US)
  • Hawking Electrotechnology Ltd (England)
  • Therma-Tronx-X Inc. (US)
  • Parker Trutec Inc (US).

“Cathodic acrylictypeis the fastest-growing segment in the electrocoating market in terms of both value and volume.

Cathodic acrylic electrocoating is available in a wide range of glosses and colors to maximize exterior durability, gloss retention, color retention, and corrosion protection. These products are used in the agricultural equipment, lawn & garden equipment, appliances, air-conditioners, and other such applications.

“Automotive parts & accessories application to be the fastest-growing segment in the electrocoating in terms of both value and volume.”

Automotive parts & accessories is expected to be the fastest-growing application segment owing to the increased production of automobiles in emerging economies such as India and China. Automotive original equipment manufacturers produce different types of automotive components which require electrocoating. Electrocoating, due to its anti-corrosive and humidity resistance properties, acts as a cover for automotive parts like engine covers, bolts & frames, springs & splines, drive shafts, etc.

“Asia Pacific is the leading electrocoating market in terms of both value and volume.”

Asia Pacific accounted for the major share in the electrocoating market. The growth of the electrocoating market in the region is mainly attributed to the high economic growth rate followed by heavy investment across various industries such as automotive, consumer goods & appliances, building & construction, and furniture. Various companies such as PPG Industries, Inc and BASF SE are setting up new plants or expanding their existing electrocoating and resin production units in the Asia Pacific region.

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Competitive Landscape of Electrocoating Market:

1 Introduction
2 Market Share Analysis
3 Market Ranking
4 Market Evaluation Framework
5 Revenue Analysis Of Top Market Players
6 Company Evaluation Matrix
6.1 Stars
6.2 Pervasive
6.3 Participants
6.4 Emerging Leaders
6.5 Strength Of Product Portfolio
6.6 Business Strategy Excellence
7 Small And Medium-Sized Enterprises (Sme) Evaluation Matrix
8 Start-Up/Small And Medium-Sized Enterprises (Sme) Evaluation Matrix
8.1 Progressive Companies
8.2 Responsive Companies
8.3 Dynamic Companies
8.4 Starting Blocks

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