E-coat or electro-coat is defined as a process of immersion in which electrically charged particles are collected out of a water suspension to coat a metal part. The method of e-coating involves a series of operations including cleaning, rinsing, acid etching, re-rinsing, wetting agent dip, electro coat, electro coat rinsing and recovery, and curing with either infra-red or convection oven. The technique involves a stable emulsion of de-ionized water and organic resins, including solvents and ionic components. The process of e-coat is based upon a fundamental principle of attracting opposite charges. The electro-coating technique is used for uniform coating of interior and exterior surfaces. Low volatile organic compound products are used in e-coat as they give off no hazardous air pollutants.
MARKET DYNAMICS
The E coat market has witnessed a significant growth owing to factors such as owing to green environmental regulations. Furthermore, high performance coupled with better properties and reduced costs are another factors which are further expected to boost the utilization of the product. However, high capital cost associated with the equipment is projected to hamper the E coat market growth over the projected period. Nevertheless, rising opportunity from the automotive industry and growth prospects from the shipbuilding and pipeline industries are expected to provide opportunity for the growth of the E coat market.
MARKET SCOPE
The "Global E Coat Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the E coat market with detailed market segmentation by type, application, and geography. The global E coat market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading E coat market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global E coat market is segmented on the basis of form type and application. On the basis of type, the E coat market is segmented into cathodic and anodic. The E coat market on the basis of the application is classified into passenger cars, commercial vehicles, automotive parts & accessories, heavy-duty equipment, appliances and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global E coat market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The E coat market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the E coat market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the E coat market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global E coat market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The E coat market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the E coat market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the E coat market in these regions.
MARKET PLAYERS
The reports cover key developments in the E coat market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from E coat market are anticipated to lucrative growth opportunities in the future with the rising demand for E coat in the global market. Below mentioned is the list of few companies engaged in the E coat market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the E coat market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Axalta Coating Systems
- B.L. Downey Company LLC
- BASF SE
- Hartford Finishing Inc
- Hawking Electrotechnology Ltd.
- KCC Corporation
- KMI Systems Inc
- Nippon Paint Holdings Co., Ltd.
- PPG Industries, Inc.
- Tatung Fine Chemicals Co., Ltd.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 E Coat Market - By Type
1.3.2 E Coat Market - By Application
1.3.3 E Coat Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. E COAT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. E COAT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. E COAT MARKET - GLOBAL MARKET ANALYSIS
6.1. E COAT - GLOBAL MARKET OVERVIEW
6.2. E COAT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. E COAT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CATHODIC
7.3.1. Overview
7.3.2. Cathodic Market Forecast and Analysis
7.4. ANODIC
7.4.1. Overview
7.4.2. Anodic Market Forecast and Analysis
8. E COAT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. COMMERCIAL VEHICLES
8.4.1. Overview
8.4.2. Commercial Vehicles Market Forecast and Analysis
8.5. AUTOMOTIVE PARTS AND ACCESSORIES
8.5.1. Overview
8.5.2. Automotive Parts and Accessories Market Forecast and Analysis
8.6. APPLIANCES
8.6.1. Overview
8.6.2. Appliances Market Forecast and Analysis
8.7. HEAVY-DUTY EQUIPMENT
8.7.1. Overview
8.7.2. Heavy-Duty Equipment Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. E COAT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America E Coat Market Overview
9.1.2 North America E Coat Market Forecasts and Analysis
9.1.3 North America E Coat Market Forecasts and Analysis - By Type
9.1.4 North America E Coat Market Forecasts and Analysis - By Application
9.1.5 North America E Coat Market Forecasts and Analysis - By Countries
9.1.5.1 United States E Coat Market
9.1.5.1.1 United States E Coat Market by Type
9.1.5.1.2 United States E Coat Market by Application
9.1.5.2 Canada E Coat Market
9.1.5.2.1 Canada E Coat Market by Type
9.1.5.2.2 Canada E Coat Market by Application
9.1.5.3 Mexico E Coat Market
9.1.5.3.1 Mexico E Coat Market by Type
9.1.5.3.2 Mexico E Coat Market by Application
9.2. EUROPE
9.2.1 Europe E Coat Market Overview
9.2.2 Europe E Coat Market Forecasts and Analysis
9.2.3 Europe E Coat Market Forecasts and Analysis - By Type
9.2.4 Europe E Coat Market Forecasts and Analysis - By Application
9.2.5 Europe E Coat Market Forecasts and Analysis - By Countries
9.2.5.1 Germany E Coat Market
9.2.5.1.1 Germany E Coat Market by Type
9.2.5.1.2 Germany E Coat Market by Application
9.2.5.2 France E Coat Market
9.2.5.2.1 France E Coat Market by Type
9.2.5.2.2 France E Coat Market by Application
9.2.5.3 Italy E Coat Market
9.2.5.3.1 Italy E Coat Market by Type
9.2.5.3.2 Italy E Coat Market by Application
9.2.5.4 United Kingdom E Coat Market
9.2.5.4.1 United Kingdom E Coat Market by Type
9.2.5.4.2 United Kingdom E Coat Market by Application
9.2.5.5 Russia E Coat Market
9.2.5.5.1 Russia E Coat Market by Type
9.2.5.5.2 Russia E Coat Market by Application
9.2.5.6 Rest of Europe E Coat Market
9.2.5.6.1 Rest of Europe E Coat Market by Type
9.2.5.6.2 Rest of Europe E Coat Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific E Coat Market Overview
9.3.2 Asia-Pacific E Coat Market Forecasts and Analysis
9.3.3 Asia-Pacific E Coat Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific E Coat Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific E Coat Market Forecasts and Analysis - By Countries
9.3.5.1 Australia E Coat Market
9.3.5.1.1 Australia E Coat Market by Type
9.3.5.1.2 Australia E Coat Market by Application
9.3.5.2 China E Coat Market
9.3.5.2.1 China E Coat Market by Type
9.3.5.2.2 China E Coat Market by Application
9.3.5.3 India E Coat Market
9.3.5.3.1 India E Coat Market by Type
9.3.5.3.2 India E Coat Market by Application
9.3.5.4 Japan E Coat Market
9.3.5.4.1 Japan E Coat Market by Type
9.3.5.4.2 Japan E Coat Market by Application
9.3.5.5 South Korea E Coat Market
9.3.5.5.1 South Korea E Coat Market by Type
9.3.5.5.2 South Korea E Coat Market by Application
9.3.5.6 Rest of Asia-Pacific E Coat Market
9.3.5.6.1 Rest of Asia-Pacific E Coat Market by Type
9.3.5.6.2 Rest of Asia-Pacific E Coat Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa E Coat Market Overview
9.4.2 Middle East and Africa E Coat Market Forecasts and Analysis
9.4.3 Middle East and Africa E Coat Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa E Coat Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa E Coat Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa E Coat Market
9.4.5.1.1 South Africa E Coat Market by Type
9.4.5.1.2 South Africa E Coat Market by Application
9.4.5.2 Saudi Arabia E Coat Market
9.4.5.2.1 Saudi Arabia E Coat Market by Type
9.4.5.2.2 Saudi Arabia E Coat Market by Application
9.4.5.3 U.A.E E Coat Market
9.4.5.3.1 U.A.E E Coat Market by Type
9.4.5.3.2 U.A.E E Coat Market by Application
9.4.5.4 Rest of Middle East and Africa E Coat Market
9.4.5.4.1 Rest of Middle East and Africa E Coat Market by Type
9.4.5.4.2 Rest of Middle East and Africa E Coat Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America E Coat Market Overview
9.5.2 South and Central America E Coat Market Forecasts and Analysis
9.5.3 South and Central America E Coat Market Forecasts and Analysis - By Type
9.5.4 South and Central America E Coat Market Forecasts and Analysis - By Application
9.5.5 South and Central America E Coat Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil E Coat Market
9.5.5.1.1 Brazil E Coat Market by Type
9.5.5.1.2 Brazil E Coat Market by Application
9.5.5.2 Argentina E Coat Market
9.5.5.2.1 Argentina E Coat Market by Type
9.5.5.2.2 Argentina E Coat Market by Application
9.5.5.3 Rest of South and Central America E Coat Market
9.5.5.3.1 Rest of South and Central America E Coat Market by Type
9.5.5.3.2 Rest of South and Central America E Coat Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. E COAT MARKET, KEY COMPANY PROFILES
11.1. AXALTA COATING SYSTEMS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. B.L. DOWNEY COMPANY LLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BASF SE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HARTFORD FINISHING INC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HAWKING ELECTROTECHNOLOGY LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KCC CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KMI SYSTEMS INC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NIPPON PAINT HOLDINGS CO., LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. PPG INDUSTRIES, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TATUNG FINE CHEMICALS CO., LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Axalta Coating Systems2. B.L. Downey Company LLC3. BASF SE4. Hartford Finishing Inc5. Hawking Electrotechnology Ltd.6. KCC Corporation7. KMI Systems Inc8. Nippon Paint Holdings Co., Ltd.9. PPG Industries, Inc.10. Tatung Fine Chemicals Co., Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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