Home Press Releases Electrocoating Market Size Worth $5.69 Billion By 2030 | CAGR: 4.5%

Electrocoating Market Size Worth $5.69 Billion By 2030 | CAGR: 4.5%

The global electrocoating market size is expected to reach USD 5.69 billion by 2030, according to a new study by Polaris Market Research. The report “Electrocoating Market Share, Size, Trends, Industry Analysis Report, By Type (Cathodic Epoxy, Cathodic Acrylic, Anodic); By Application, By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Heavy-duty equipment manufacturers for trucking, military, agricultural, and construction applications should strongly consider electrocoating. The demands of weather, time, and complex tasks must be met by costly heavy-duty equipment. E-coating is the current solution for preventing corrosion on new equipment and ensuring its durability in the face of challenging working conditions when it comes to coating engine parts, body panels, accessories, suspensions, and more.

 

Emergency medical vehicles and fire trucks also gain attention due to the e-coating process. Every day, these vehicles are subjected to strain and complex physical conditions. Scratches and bumps do not develop into corrosion areas where the paint starts peeling with electroplating. E-coating also protects against harsh chemicals frequently present at accident and fire scenes and winter road salt.

 

With the help of electrocoating, the most crucial machinery maintains its showroom appearance and prevents premature corrosion, from farming equipment to fire trucks. Due to the wide variety of applications of E-coating in various segments, its market is growing with the fastest CAGR. For instance, in Florida, PPG Industries announced to highlight its pretreatment and electroplating technologies at ECOAT’22 on April 2022.

 

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Due to their superior corrosion resistance, good edge coverage, and capacity to effectively coat even the most complex designs, electrocoating is used in military vehicles and components. Electrocoating is an excellent option for frame rails, body panels, and military cabs. Our epoxy primers are an excellent basis for powder coat topcoats and offer great adherence to various surfaces. Today, the electrocoating (e-Coat) technique has been selected by the United States Army and the United States Marine Corps as their central coating technology for preventing corrosion.

 

Electrocoating Market Report Highlights

  • Cathodic Epoxy technique can also be employed for single-coat applications when resistance to ultraviolet (UV) rays is not required.
  • Anodic epoxy electrocoat products generally have best adhesion and corrosion resistance than regularly used liquid paint priming materials.
  • Agricultural sector is fueling the market’s growth due to the electroplating of agricultural equipment.
  • The need for e-coating in the Asia-Pacific area is fueled by several important factors, including rising vehicle production, increasing farmers using advanced agricultural equipment, and expanding industries.
  • The global players include Allnex, Arkema, IFB Industries, Solvay, FAWER Y-TEC Automotive Chassis System, and Axalta Coating Systems.

 

Polaris Market Research has segmented the electrocoating market report based on type, application, and region

 

Electrocoating, Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Cathodic Epoxy
  • Cathodic Acrylic
  • Anodic

Electrocoating, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Passenger Cars
  • Commercial Vehicles
  • Automotive Parts and Accessories
  • Heavy-duty Equipment
  • Appliances
  • Other Applications

Electrocoating, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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