Electrocoating Market

Electrocoating Market by Type (Cathodic Epoxy, Cathodic Acrylic, Anodic), Application (Passenger Cars, Commercial Vehicles, Automotive Parts & Accessories, Heavy-Duty Equipment, Appliances) and Region (2022 - 2026)

Report Code: CH 3658 Apr, 2022, by marketsandmarkets.com

[237 Pages Report] 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. The demand for high-performance, cost-efficient, and eco-friendly coatings is expected to drive the growth of the market during the forecast period between 2021 to 2026. However, factory shutdowns, interrupted supply chains, and reduced demand from end-use industries has negatively affected the electrocoating market.

Electrocoating Market

To know about the assumptions considered for the study, Request for Free Sample Report

Impact of COVID-19 on global electrocoating market

The electrocoating market is expected to witness relatively slow growth in 2021 due to the novel coronavirus (COVID-19) pandemic. This deadly virus has adversely affected the entire globe, especially the North American and European regions. To prevent the further spread of this virus, companies have shut down their operations and manufacturing facilities across countries. This has led to a reduction in the production capacities of electrocoating. End-use such as automotive, heavy-duty equipment, appliances, and among other have halted production activities. Various automobile manufacturers, including Volkswagen, BMW, and Ford, have witnessed a decrease in their market shares due to the impact of the pandemic on the global economy which has led to a sharp decline of electrocoating in the automotive industry.

Stricter environmental regulations to propel the market growth

The coating industry has been focusing on manufacturing environmentally friendly materials and coatings over the past two decades. This is the result of stricter environmental regulations and policies of governments across the globe regarding VOC emissions reduction from coatings. The US and European governments are especially concerned about air pollution and forming regulations heading towards less or zero harmful emissions. These regulations for reducing air pollution are expected to play a major role in improving the demand for e-coat.

Owing to very less or no HAP or VOC emissions during the electrocoating process, many product manufacturers have moved to e-coats for their applications. This also helps in product recycling and less hazardous waste generation during recycling, thus meeting the Resource Conservation and Recovery Act (RCRA). This will play a major role in improving the application areas of e-coats and further increasing their market in the future.

High capital cost of electrocoating to restrict the market growth

In terms of new companies entering the e-coat market, the higher capital cost involved in setting up the factories and space constraints restrain the new entrants or existing players from setting up new production lines. Though coating the entire automobile body within specified time seems to be viable, the existing capital costs for the technology restrains many companies from adopting the technology, as there are chances of not operating their production lines on daily basis to meet the demand. On the other hand, some manufacturers install their own equipment when its price falls; subsequently, the manufacturer’s production volumes justify the savings from outsourcing the e-coat service.

Growing demand from agricultural equipment application to create lucrative opportunities for the market

The agricultural sector in Asia Pacific, especially in China and India, has witnessed a significant growth in past few decades. The agricultural equipment market is finding increase in demand due to advancements in technology and integration of IoT. The market size of agricultural equipment was around USD 180 billion in 2020 and is expected to increase further with advancements and improvements in power supply infrastructure, especially in developing countries like India, China, Brazil, and others. Owing to increasing demand from the agricultural sector and government subsidies for agricultural applications, the market is witnessing increase in demand in this region. The agricultural equipment is exposed to moisture and dry environments alternatively, making them lose their resistance to corrosion and wear and tear. In order to prolong its useful lifespan, coatings with excellent corrosion resistance and heat dissipation materials should be provided. E-coats with proven properties of corrosion resistance suits the application well. With increasing sales of agricultural equipment, parts, and accessories, the demand for e-coats in the segment is expected to increase in the future.

Bottlenecks in supply chain due to Covid-19 to be a major challenge for market growth

The global supply chain has been disturbed by the pandemic-influenced lockdowns of the countries. Though the trade has been resumed, the supply chain has not attained normalcy owing to several trade restrictions and time delays for getting the consignment approvals. Since most companies were either halted or running at lower capacities, the production of raw materials or applications was also reduced. Post-lockdown, the companies are yet to attain their maximum production capacities given the liquidity crunch and collapse in buying powers of clients. This leaves a negative impact over recovering supply chain around the globe. The situation is still unclear due to sudden changes in rules and regulations for trade and travel across countries. It is playing a major role in affecting the supply chain part of both raw materials and finished goods.

Cathodic epoxy electrocoating accounted for the largest market share, in terms of value and volume

Cathodic epoxy electrocoating provides excellent corrosion resistance. It is widely used in the automotive industry, as it provides superior salt spray, humidity, and cyclic corrosion resistance. However, the cathodic epoxy technology generally requires a topcoat to be protected from sunlight. It can be formulated to provide protection over sharp edges and welds, without pulling back or exposing the metal underneath. As these coatings exhibit excellent throw power, it makes them a great choice for complex ware packages or parts with cavities or hidden areas that need a coating.

The cathodic epoxy segment dominated the global electrocoating market in terms of both, value and volume in 2020. This is attributed its superior adhesion and corrosion resistance properties. It is designed to be agreeable with a wide variety of liquid and powder topcoat elements. The major international players are exploring opportunities in the region owing to high demand from various applications. There are rising growth opportunities for the market in the region due to increasing demand for vehicles that use cathodic epoxy electrocoating.

Passenger cars application segment dominated the electrocoating market, in terms of value and volume

The passenger cars segment is expected to witness the highest growth rate, propelled by increasing vehicle adoption across the globe. Emerging vehicle financing market has encouraged the passenger cars industry to provide loans on the vehicle to their customers. Owning a passenger car is usually observed as a status symbol in many developing countries, but nowadays they are being bought by middle class families. As income level rises in developing countries the demand for passenger car will also continue to rise thereby driving the market revenue during the forecast period.

Electrocoating Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Asia Pacific held the largest market share in the electrocoating market

Strong growth is likely to be witnessed for electrocoating in the Asia Pacific region, especially in China, India, and South-East Asian countries. Rapid industrialization, shift in the manufacturing bases of end-use industries, and an increase in the number of applications are some of the major drivers responsible for the growth of the electrocoating market. Large end-use applications such as passenger cars and commercial vehicles, coupled with increasing demand in the Asia Pacific region, are expected to further boost the demand for electrocoating during the forecast period. Factors such as the huge and increasing population base and the shift in manufacturing units from North America and Europe to Asia Pacific are driving the electrocoating market in the Asia Pacific region.

Key Market Players

Some of the key players in the global electrocoating market are 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), B.L.Downey Company LLC (US), Hawking Electrotechnology Ltd (England), Therma-Tronx-X, Inc. (US), Parker Trutec, Inc (US).

These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the electrocoating industry. The study includes an in-depth competitive analysis of these key players in the electrocoating market, with their company profiles, recent developments, and key market strategies.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Years considered for the study

2017–2020

Base year

2020

Forecast period

2021–2026

Units considered

Value (USD million), Volume (Million Square Meter)

Segments

Type, Application, and Region

Regions

Europe, North America, APAC, MEA, and South America

Companies

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), B.L.Downey Company LLC (US), Hawking Electrotechnology Ltd (England), Therma-Tronx-X, Inc. (US), Parker Trutec, Inc (US).

This research report categorizes the Electrocoating market based on resin type, manufacturing process, application, and region.

By Type:

  • Cathodic Epoxy
  • Cathodic Acrylic
  • Anodic

By Application:

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

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Recent Developments

  • In March 2021, Axalta Coating Systems launched a new environmentally-responsible, cathodic tin-free electrocoat primer—a new addition to its industrial coatings portfolio. AquaECTM 3500 EP has been developed as the next-generation, tin-free electrocoat technology. It is formulated for automotive parts and accessories, agriculture, construction, and earthmoving equipment (ACE), general industry sectors, and industrial job coaters.
  • In August 2021, The Sherwin-Williams Company signed an agreement to acquire the European industrial coatings business of Sika AG. Industrial coatings business is a core competence for Sherwin-Williams. The acquired business is an important strategic opportunity to drive growth and support the expansion of its market position in Europe.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 24)
    1.1 OBJECTIVES OF STUDY
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 ELECTROCOATING MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED FOR STUDY
    1.4 CURRENCY
    1.5 UNIT CONSIDERED
    1.6 LIMITATIONS
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 28)
    FIGURE 1 ELECTROCOATING MARKET: RESEARCH DESIGN
    2.1 BASE NUMBER CALCULATION
           2.1.1 SUPPLY-SIDE APPROACH
           2.1.2 DEMAND-SIDE APPROACH
    2.2 FORECAST NUMBER CALCULATION
           2.2.1 SECONDARY DATA
           2.2.2 PRIMARY DATA
                    2.2.2.1 Primary interviews – Top electrocoating manufacturers
                    2.2.2.2 Breakdown of primary interviews
                    2.2.2.3 Key industry insights
    2.3 MARKET SIZE ESTIMATION
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 2 ELECTROCOATING MARKET: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 3 ELECTROCOATING MARKET: TOP-DOWN APPROACH
    2.4 DATA TRIANGULATION
          FIGURE 4 ELECTROCOATING MARKET: DATA TRIANGULATION
    2.5 FACTOR ANALYSIS
    2.6 ASSUMPTIONS
    2.7 LIMITATIONS & RISKS

3 EXECUTIVE SUMMARY (Page No. - 37)
    FIGURE 5 CATHODIC EPOXY TYPE DOMINATED ELECTROCOATING MARKET IN 2020
    FIGURE 6 PASSENGER CARS LED ELECTROCOATING MARKET IN 2020
    FIGURE 7 CHINA TO BE FASTEST-GROWING ELECTROCOATING MARKET DURING FORECAST PERIOD
    FIGURE 8 ASIA PACIFIC DOMINATED ELECTROCOATING MARKET IN 2020

4 PREMIUM INSIGHTS (Page No. - 42)
    4.1 ATTRACTIVE OPPORTUNITIES IN ELECTROCOATING MARKET
          FIGURE 9 HIGH DEMAND FROM VARIOUS APPLICATIONS TO DRIVE ELECTROCOATING MARKET
    4.2 ELECTROCOATING MARKET, BY TYPE
          FIGURE 10 CATHODIC EPOXY DOMINATED OVERALL MARKET IN 2020
    4.3 ELECTROCOATING MARKET, BY APPLICATION
          FIGURE 11 PASSENGER CARS APPLICATION LED ELECTROCOATING MARKET IN 2020
    4.4 ELECTROCOATING MARKET, BY KEY COUNTRIES
          FIGURE 12 MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 44)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ELECTROCOATING MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Growth of automotive industry is fuelling electrocoating market
                    5.2.1.2 Increasing demand from industrial application sector
                    5.2.1.3 Stricter environmental regulations
                    5.2.1.4 Better performance and properties
                    5.2.1.5 Advancements in technologies
           5.2.2 RESTRAINTS
                    5.2.2.1 High capital cost of equipment
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growth in demand from end-use industries
                    5.2.3.2 Growth in demand for agricultural equipment
           5.2.4 CHALLENGES
                    5.2.4.1 Requirement of different tanks for different colors
                    5.2.4.2 Bottlenecks in supply chain due to COVID-19
    5.3 INDUSTRY TRENDS
           5.3.1 POTTERS FIVE FORCE ANALYSIS
                    FIGURE 14 ELECTROCOATING MARKET: PORTER’S FIVE FORCE ANALYSIS
           5.3.2 THREAT OF NEW ENTRANTS
           5.3.3 THREAT OF SUBSTITUTES
           5.3.4 BARGAINING POWER OF SUPPLIERS
           5.3.5 BARGAINING POWER OF BUYERS
           5.3.6 INTENSITY OF COMPETITIVE RIVALRY
                    TABLE 1 ELECTROCOATING MARKET: PORTER’S FIVE FORCE ANALYSIS
    5.4 KEY STAKEHOLDERS & BUYING CRITERIA
           5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 15 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 APPLICATIONS
                    TABLE 2 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
           5.4.2 BUYING CRITERIA
                    FIGURE 16 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
                    TABLE 3 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
    5.5 ECOSYSTEM: ELECTROCOATING MARKET
    5.6 VALUE CHAIN ANALYSIS
          FIGURE 17 ELECTROCOATING MARKET: VALUE CHAIN ANALYSIS
           5.6.1 RAW MATERIALS
           5.6.2 MANUFACTURERS
    5.7 SUPPLY CHAIN ANALYSIS
    5.8 IMPACT OF COVID-19
           5.8.1 IMPACT OF COVID-19 ON AUTOMOTIVE AND TRANSPORTATION INDUSTRIES
           5.8.2 IMPACT OF COVID-19 ON INDUSTRIAL APPLICATIONS SECTOR
           5.8.3 OPPORTUNITIES
    5.9 ELECTROCOATING MARKET: OPTIMISTIC, PESSIMISTIC AND REALISTIC SCENARIOS
          TABLE 4 ELECTROCOATING MARKET: CAGR (BY VALUE) IN OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS
           5.9.1 OPTIMISTIC SCENARIO
           5.9.2 PESSIMISTIC SCENARIO
           5.9.3 REALISTIC SCENARIO
    5.10 TECHNOLOGY ANALYSIS
            TABLE 5 COMPARATIVE STUDY OF MAJOR ELECTROCOATING MANUFACTURING PROCESSES
    5.11 PRICING ANALYSIS
    5.12 AVERAGE SELLING PRICE
            TABLE 6 ELECTROCOATING: AVERAGE SELLING PRICE
    5.13 KEY MARKETS FOR IMPORT/EXPORT
           5.13.1 JAPAN
           5.13.2 CHINA
           5.13.3 SOUTH KOREA
           5.13.4 GERMANY
           5.13.5 US
           5.13.6 INDIA
    5.14 CASE STUDY ANALYSIS
    5.15 TARIFF AND REGULATIONS
           TABLE 7 CURRENT CODES FOR ELECTROCOATING MARKET
    5.16 PATENT ANALYSIS
           5.16.1 INTRODUCTION
           5.16.2 METHODOLOGY
           5.16.3 DOCUMENT TYPE
                     TABLE 8 ELECTROCOATING MARKET: GLOBAL PATENTS
                     FIGURE 18 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE
           5.16.4 PUBLICATION TRENDS- LAST 10 YEARS
           5.16.5 INSIGHT
           5.16.6 LEGAL STATUS OF PATENTS
           5.16.7 JURISDICTION ANALYSIS
           5.16.8 TOP COMPANIES/APPLICANTS
           5.16.9 LIST OF PATENTS BY PPG OHIO INC.
                    5.16.10 LIST OF PATENTS BY CHEMETALL GMBH
                    5.16.11 LIST OF PATENTS BY AXALTA COATING SYSTEMS IP CO.
                    5.16.12 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS
    5.17 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS

6 ELECTROCOATING MARKET, BY TYPE (Page No. - 67)
    6.1 INTRODUCTION
          FIGURE 19 CATHODIC EPOXY SEGMENT TO DOMINATE ELECTROCOATING MARKET DURING FORECAST PERIOD
          TABLE 9 ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE METER)
          TABLE 10 ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
          TABLE 11 ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (MILLION SQUARE METER)
          TABLE 12 ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
    6.2 CATHODIC EPOXY
           6.2.1 SUPERIOR PROPERTIES OF CATHODIC EPOXY TO INCREASE DEMAND FOR ELECTROCOATING
                    TABLE 13 CATHODIC EPOXY ELECTROCOATING: ADVANTAGES, BY END-USE INDUSTRY
                    FIGURE 20 ASIA PACIFIC TO DOMINATE CATHODIC EPOXY SEGMENT DURING FORECAST PERIOD
           6.2.2 CATHODIC EPOXY MARKET SIZE, BY REGION
                    TABLE 14 CATHODIC EPOXY MARKET SIZE, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 15 CATHODIC EPOXY MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 16 CATHODIC EPOXY MARKET SIZE, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 17 CATHODIC EPOXY MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    6.3 CATHODIC ACRYLIC
           6.3.1 INCREASING USE OF CATHODIC ACRYLIC IN HEAVY-DUTY EQUIPMENT TO BOOST MARKET
                    TABLE 18 CATHODIC ACRYLIC ELECTROCOATING: ADVANTAGES, BY END-USE INDUSTRY
                    FIGURE 21 ASIA PACIFIC TO BE THE FASTEST-GROWING REGION IN CATHODIC ACRYLIC SEGMENT
           6.3.2 CATHODIC ACRYLIC MARKET SIZE, BY REGION
                    TABLE 19 CATHODIC ACRYLIC MARKET SIZE, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 20 CATHODIC ACRYLIC MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 21 CATHODIC ACRYLIC MARKET SIZE, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 22 CATHODIC ACRYLIC MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    6.4 ANODIC
           6.4.1 INCREASING APPLICATIONS & SUPERIOR PROPERTIES TO PROPEL MARKET GROWTH
                    6.4.1.1 Anodic Epoxy Electrocoating
                                TABLE 23 ANODIC EPOXY ELECTROCOATING: ADVANTAGES, BY END-USE INDUSTRY
                    6.4.1.2 Anodic Acrylic Electrocoating
                                TABLE 24 ANODIC ACRYLIC ELECTROCOATING: ADVANTAGES, BY END-USE INDUSTRY
                                FIGURE 22 ASIA PACIFIC TO LEAD ANODIC TYPE SEGMENT DURING FORECAST PERIOD
           6.4.2 ANODIC MARKET SIZE, BY REGION
                    TABLE 25 ANODIC MARKET SIZE, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 26 ANODIC MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 27 ANODIC MARKET SIZE, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 28 ANODIC MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

7 ELECTROCOATING MARKET, BY APPLICATION (Page No. - 78)
    7.1 INTRODUCTION
          FIGURE 23 PASSENGER CARS SEGMENT TO DOMINATE ELECTROCOATING MARKET DURING FORECAST PERIOD
          TABLE 29 ELECTROCOATING MARKET SIZE, BY APPLICATION,  2017–2020 (MILLION SQUARE METER)
          TABLE 30 ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
          TABLE 31 ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
          TABLE 32 ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
    7.2 PASSENGER CARS
           7.2.1 PASSENGER CARS APPLICATION TO LEAD MARKET
                    FIGURE 24 ASIA PACIFIC TO BE DOMINATING REGION IN ELECTROCOATING MARKET FOR PASSENGER CARS APPLICATION
           7.2.2 ELECTROCOATING MARKET SIZE IN PASSENGER CARS APPLICATION,  BY REGION
                    TABLE 33 ELECTROCOATING MARKET SIZE IN PASSENGER CARS, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 34 ELECTROCOATING MARKET SIZE IN PASSENGER CARS, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 35 ELECTROCOATING MARKET SIZE IN PASSENGER CARS, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 36 ELECTROCOATING MARKET SIZE IN PASSENGER CARS, BY REGION, 2021–2026 (USD MILLION)
    7.3 COMMERCIAL VEHICLES
           7.3.1 INCREASING PRODUCTION OF COMMERCIAL VEHICLES TO PROPEL MARKET GROWTH
                    FIGURE 25 ASIA PACIFIC TO BE FASTEST-GROWING REGION IN COMMERCIAL VEHICLES SEGMENT
           7.3.2 ELECTROCOATING MARKET SIZE IN COMMERCIAL VEHICLES, BY REGION
                    TABLE 37 ELECTROCOATING MARKET SIZE IN COMMERCIAL VEHICLES APPLICATION, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 38 ELECTROCOATING MARKET SIZE IN COMMERCIAL VEHICLES APPLICATION, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 39 ELECTROCOATING MARKET SIZE IN COMMERCIAL VEHICLES APPLICATION, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 40 ELECTROCOATING MARKET SIZE IN COMMERCIAL VEHICLES APPLICATION, BY REGION, 2021–2026 (USD MILLION)
    7.4 AUTOMOTIVE PARTS & ACCESSORIES
           7.4.1 AUTOMOTIVE PARTS & ACCESSORIES TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
                    FIGURE 26 ASIA PACIFIC TO BE DOMINATING REGION IN AUTOMOTIVE PARTS & ACCESSORIES APPLICATION
           7.4.2 ELECTROCOATING MARKET SIZE IN AUTOMOTIVE PARTS & ACCESSORIES APPLICATION, BY REGION
                    TABLE 41 ELECTROCOATING MARKET SIZE IN AUTOMOTIVE PARTS & ACCESSORIES, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 42 ELECTROCOATING MARKET SIZE IN AUTOMOTIVE PARTS & ACCESSORIES, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 43 ELECTROCOATING MARKET SIZE IN AUTOMOTIVE PARTS & ACCESSORIES, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 44 ELECTROCOATING MARKET SIZE IN AUTOMOTIVE PARTS & ACCESSORIES, BY REGION, 2021–2026 (USD MILLION)
    7.5 HEAVY-DUTY EQUIPMENT
           7.5.1 HEAVY-DUTY EQUIPMENT TO BE SECOND-LARGEST APPLICATION SEGMENT
                    FIGURE 27 HEAVY-DUTY EQUIPMENT APPLICATION TO WITNESS HIGHEST GROWTH IN ASIA PACIFIC
           7.5.2 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY EQUIPMENT APPLICATION, BY REGION
                    TABLE 45 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY EQUIPMENT, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 46 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY EQUIPMENT, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 47 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY EQUIPMENT, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 48 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY EQUIPMENT, BY REGION, 2021–2026 (USD MILLION)
           7.5.3 AGRICULTURAL EQUIPMENT
                    TABLE 49 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY AGRICULTURAL EQUIPMENT, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 50 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY AGRICULTURAL EQUIPMENT, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 51 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY AGRICULTURAL EQUIPMENT, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 52 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY AGRICULTURAL EQUIPMENT, BY REGION, 2021–2026 (USD MILLION)
           7.5.4 CONSTRUCTION EQUIPMENT
                    TABLE 53 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY CONSTRUCTION EQUIPMENT, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 54 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY CONSTRUCTION EQUIPMENT, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 55 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY CONSTRUCTION EQUIPMENT, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 56 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY CONSTRUCTION EQUIPMENT, BY REGION, 2021–2026 (USD MILLION)
           7.5.5 MILITARY & AEROSPACE EQUIPMENT
                    TABLE 57 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY MILITARY & AEROSPACE EQUIPMENT, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 58 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY MILITARY & AEROSPACE EQUIPMENT, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 59 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY MILITARY & AEROSPACE EQUIPMENT, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 60 ELECTROCOATING MARKET SIZE IN HEAVY-DUTY MILITARY & AEROSPACE EQUIPMENT, BY REGION, 2021–2026 (USD MILLION)
    7.6 APPLIANCES
           7.6.1 APPLIANCES APPLICATION SEGMENT TO GROW AT SIGNIFICANT RATE
                    FIGURE 28 ASIA PACIFIC TO BE DOMINATING REGION IN APPLIANCES APPLICATION SEGMENT
           7.6.2 ELECTROCOATING MARKET SIZE IN APPLIANCES APPLICATION, BY REGION
                    TABLE 61 ELECTROCOATING MARKET SIZE IN APPLIANCES, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 62 ELECTROCOATING MARKET SIZE IN APPLIANCES, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 63 ELECTROCOATING MARKET SIZE IN APPLIANCES, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 64 ELECTROCOATING MARKET SIZE IN APPLIANCES, BY REGION, 2021–2026 (USD MILLION)
    7.7 OTHERS
           7.7.1 BENEFITS OF ELECTROCOATING IN HVAC APPLICATIONS
                    FIGURE 29 EUROPE TO BE DOMINATING REGION IN OTHER APPLICATIONS IN ELECTROCOATING MARKET
           7.7.2 ELECTROCOATING MARKET SIZE IN OTHER APPLICATIONS, BY REGION
                    TABLE 65 ELECTROCOATING MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 66 ELECTROCOATING MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 67 ELECTROCOATING MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 68 ELECTROCOATING MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2021–2026 (USD MILLION)

8 ELECTROCOATING MARKET, BY REGION (Page No. - 101)
    8.1 INTRODUCTION
          FIGURE 30 CHINA TO BE THE FASTEST-GROWING COUNTRY IN ELECTROCOATING MARKET DURING FORECAST PERIOD
          TABLE 69 ELECTROCOATING MARKET SIZE, BY REGION, 2017–2020 (MILLION SQUARE METER)
          TABLE 70 ELECTROCOATING MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
          TABLE 71 ELECTROCOATING MARKET SIZE, BY REGION, 2021–2026 (MILLION SQUARE METER)
          TABLE 72 ELECTROCOATING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.2 NORTH AMERICA
          FIGURE 31 NORTH AMERICA: ELECTROCOATING MARKET SNAPSHOT
           8.2.1 NORTH AMERICA: ELECTROCOATING MARKET, BY TYPE
                    TABLE 73 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE METER)
                    TABLE 74 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
                    TABLE 75 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (MILLION SQUARE METER)
                    TABLE 76 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)
           8.2.2 NORTH AMERICA: ELECTROCOATING MARKET, BY APPLICATION
                    TABLE 77 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 78 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 79 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 80 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
           8.2.3 NORTH AMERICA: ELECTROCOATING MARKET, BY COUNTRY
                    TABLE 81 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (MILLION SQUARE METER)
                    TABLE 82 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 83 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY COUNTRY,  2021–2026 (MILLION SQUARE METER)
                    TABLE 84 NORTH AMERICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.2.3.1 US
                               8.2.3.1.1 Increasing automobile production to augment market growth
                                              TABLE 85 US: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 86 US: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 87 US: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 88 US: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.2.3.2 Canada
                               8.2.3.2.1 Improvement in industrial technology to boost market growth
                                              TABLE 89 CANADA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 90 CANADA: ELECTROCOATING MARKET SIZE, BY APPLICATION,  2017–2020 (USD MILLION)
                                              TABLE 91 CANADA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 92 CANADA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.2.3.3 Mexico
                               8.2.3.3.1 Urbanization to positively impact market growth
                                              TABLE 93 MEXICO: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 94 MEXICO: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 95 MEXICO: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 96 MEXICO: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
    8.3 EUROPE
          FIGURE 32 EUROPE: ELECTROCOATING MARKET SNAPSHOT
           8.3.1 EUROPE: ELECTROCOATING MARKET, BY TYPE
                    TABLE 97 EUROPE: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE METER)
                    TABLE 98 EUROPE: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
                    TABLE 99 EUROPE: ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (MILLION SQUARE METER)
                    TABLE 100 EUROPE: ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
           8.3.2 EUROPE: ELECTROCOATING MARKET, BY APPLICATION
                    TABLE 101 EUROPE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 102 EUROPE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 103 EUROPE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 104 EUROPE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
           8.3.3 EUROPE: ELECTROCOATING MARKET, BY COUNTRY
                    TABLE 105 EUROPE: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (MILLION SQUARE METER)
                    TABLE 106 EUROPE: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 107 EUROPE: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (MILLION SQUARE METER)
                    TABLE 108 EUROPE: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.3.3.1 Germany
                               8.3.3.1.1 The growth of the automobile industry to augment demand for electrocoating
                                              TABLE 109 GERMANY: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 110 GERMANY: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLIONS)
                                              TABLE 111 GERMANY: ELECTROCOATING MARKET SIZE, BY APPLICATION,  2021–2026 (MILLION SQUARE METER)
                                              TABLE 112 GERMANY: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.3.3.2 France
                               8.3.3.2.1 Electrocoating market growth to be influenced by improvements in industrial equipment
                                              TABLE 113 FRANCE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 114 FRANCE: ELECTROCOATING MARKET SIZE, BY APPLICATION,  2017–2020 (USD MILLION)
                                              TABLE 115 FRANCE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 116 FRANCE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.3.3.3 UK
                               8.3.3.3.1 Stricter environmental regulations to contribute to market growth
                                              TABLE 117 UK: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 118 UK: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 119 UK: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 120 UK: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.3.3.4 Turkey
                               8.3.3.4.1 Increasing industrialization to propel market growth
                                              TABLE 121 TURKEY: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 122 TURKEY: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 123 TURKEY: ELECTROCOATING MARKET SIZE, BY APPLICATION,  2021–2026 (MILLION SQUARE METER)
                                              TABLE 124 TURKEY: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.3.3.5 Russia
                               8.3.3.5.1 Introduction of new industrial applications to enhance the growth of electrocoating market
                                              TABLE 125 RUSSIA: ELECTROCOATING MARKET SIZE, BY APPLICATION,  2017–2020 (MILLION SQUARE METER)
                                              TABLE 126 RUSSIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 127 RUSSIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 128 RUSSIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.3.3.6 Rest of Europe
                                TABLE 129 REST OF EUROPE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                TABLE 130 REST OF EUROPE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 131 REST OF EUROPE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                TABLE 132 REST OF EUROPE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
    8.4 ASIA PACIFIC
          FIGURE 33 ASIA PACIFIC: ELECTROCOATING MARKET SNAPSHOT
           8.4.1 ASIA PACIFIC: ELECTROCOATING MARKET, BY TYPE
                    TABLE 133 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE METER)
                    TABLE 134 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
                    TABLE 135 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (MILLION SQUARE METER)
                    TABLE 136 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
           8.4.2 ASIA PACIFIC: ELECTROCOATING MARKET, BY APPLICATION
                    TABLE 137 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 138 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 139 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY APPLICATION,  2021–2026 (MILLION SQUARE METER)
                    TABLE 140 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
           8.4.3 ASIA PACIFIC: ELECTROCOATING MARKET, BY COUNTRY
                    TABLE 141 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (MILLION SQUARE METER)
                    TABLE 142 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 143 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (MILLION SQUARE METER)
                    TABLE 144 ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.4.3.1 China
                               8.4.3.1.1 Growing automotive industry in the country to increase the demand for electrocoating
                                              TABLE 145 CHINA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 146 CHINA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 147 CHINA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 148 CHINA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.4.3.2 Japan
                               8.4.3.2.1 Technological advancements to act as a major factor in growth of electrocoating market
                                              TABLE 149 JAPAN: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 150 JAPAN: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 151 JAPAN: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 152 JAPAN: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.4.3.3 South Korea
                               8.4.3.3.1 Increasing urbanization to boost the market growth
                                              TABLE 153 SOUTH KOREA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 154 SOUTH KOREA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 155 SOUTH KOREA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 156 SOUTH KOREA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.4.3.4 India
                               8.4.3.4.1 Infrastructural development and urbanization to play a major role in improving electrocoating market share
                                              TABLE 157 INDIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 158 INDIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 159 INDIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 160 INDIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.4.3.5 Indonesia
                               8.4.3.5.1 Increase in automobile sales to positively impact electrocoating market
                                              TABLE 161 INDONESIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 162 INDONESIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 163 INDONESIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 164 INDONESIA: ELECTROCOATING MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)
                    8.4.3.6 Rest of Asia Pacific
                                TABLE 165 REST OF ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                TABLE 166 REST OF ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 167 REST OF ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                TABLE 168 REST OF ASIA PACIFIC: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
    8.5 SOUTH AMERICA
           8.5.1 SOUTH AMERICA: ELECTROCOATING MARKET, BY TYPE
                    TABLE 169 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–-2020 (MILLION SQUARE METER)
                    TABLE 170 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
                    TABLE 171 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (MILLION SQUARE METER)
                    TABLE 172 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
           8.5.2 SOUTH AMERICA: ELECTROCOATING MARKET, BY APPLICATION
                    TABLE 173 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 174 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 175 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 176 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
           8.5.3 SOUTH AMERICA: ELECTROCOATING MARKET, BY COUNTRY
                    TABLE 177 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (MILLION SQUARE METER)
                    TABLE 178 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 179 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (MILLION SQUARE METER)
                    TABLE 180 SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.5.3.1 Brazil
                               8.5.3.1.1 Increasing use of electrocoating by top automobile manufacturers to fuel market
                                              TABLE 181 BRAZIL: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 182 BRAZIL: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 183 BRAZIL: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 184 BRAZIL: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.5.3.2 Argentina
                               8.5.3.2.1 Increasing government investments in infrastructure to fuel demand from heavy duty and other applications
                                              TABLE 185 ARGENTINA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 186 ARGENTINA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 187 ARGENTINA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 188 ARGENTINA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.5.3.3 Rest of South America
                                TABLE 189 REST OF SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                TABLE 190 REST OF SOUTH AMERICA: ELECTROCOATING MARKET SIZE,  BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 191 REST OF SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                TABLE 192 REST OF SOUTH AMERICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
    8.6 MIDDLE EAST & AFRICA
           8.6.1 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET, BY TYPE
                    TABLE 193 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE METER)
                    TABLE 194 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
                    TABLE 195 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY TYPE,  2021–2026 (MILLION SQUARE METER)
                    TABLE 196 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
           8.6.2 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET, BY APPLICATION
                    TABLE 197 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                    TABLE 198 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 199 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                    TABLE 200 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
           8.6.3 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET, BY COUNTRY
                    TABLE 201 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (MILLION SQUARE METER)
                    TABLE 202 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 203 MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (MILLION SQUARE METER)
                    TABLE 204 MIDDLE EAST & AFRICA; ELECTROCOATING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.6.3.1 UAE
                               8.6.3.1.1 Significant electrocoating market in Middle East & Africa
                                              TABLE 205 UAE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 206 UAE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLIONS)
                                              TABLE 207 UAE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 208 UAE: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.6.3.2 Saudi Arabia
                               8.6.3.2.1 Growing economy along with sizeable growth of end-use industries to drive market
                                              TABLE 209 SAUDI ARABIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 210 SAUDI ARABIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 211 SAUDI ARABIA: ELECTROCOATING MARKET SIZE, BY APPLICATION,  2021–2026 (MILLION SQUARE METER)
                                              TABLE 212 SAUDI ARABIA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.6.3.3 South Africa
                               8.6.3.3.1 Largest electrocoating market in Middle East & Africa
                                              TABLE 213 SOUTH AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                              TABLE 214 SOUTH AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                              TABLE 215 SOUTH AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                              TABLE 216 SOUTH AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    8.6.3.4 Rest Of Middle East & Africa
                                TABLE 217 REST OF MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE METER)
                                TABLE 218 REST OF MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 219 REST OF MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE,  BY APPLICATION, 2021–2026 (MILLION SQUARE METER)
                                TABLE 220 REST OF MIDDLE EAST & AFRICA: ELECTROCOATING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)

9 COMPETITIVE LANDSCAPE (Page No. - 169)
    9.1 INTRODUCTION
    9.2 MARKET SHARE ANALYSIS
          FIGURE 34 SHARE OF TOP COMPANIES IN ELECTROCOATING MARKET
          TABLE 221 DEGREE OF COMPETITION: ELECTROCOATING MARKET
    9.3 MARKET RANKING
          FIGURE 35 RANKING OF TOP FIVE PLAYERS IN ELECTROCOATING MARKET
    9.4 MARKET EVALUATION FRAMEWORK
          TABLE 222 ELECTROCOATING MARKET: NEW PRODUCT DEVELOPMENT, 2016–2021
          TABLE 223 ELECTROCOATING MARKET: DEALS, 2016–2021
          TABLE 224 ELECTROCOATING MARKET: OTHERS, 2016–2021
    9.5 REVENUE ANALYSIS OF TOP MARKET PLAYERS
    9.6 COMPANY EVALUATION MATRIX
          TABLE 225 COMPANY PRODUCT FOOTPRINT
          TABLE 226 COMPANY TYPE FOOTPRINT
          TABLE 227 COMPANY APPLICATION FOOTPRINT
          TABLE 228 COMPANY REGION FOOTPRINT
          TABLE 229 ELECTROCOATING MARKET: DETAILED LIST OF KEY STARTUP/SMES
          TABLE 230 ELECTROCOATING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES
           9.6.1 STARS
           9.6.2 PERVASIVE
           9.6.3 PARTICIPANTS
           9.6.4 EMERGING LEADERS
                    FIGURE 36 ELECTROCOATING MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2020
           9.6.5 STRENGTH OF PRODUCT PORTFOLIO
                    FIGURE 37 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN ELECTROCOATING MARKET
           9.6.6 BUSINESS STRATEGY EXCELLENCE
                    FIGURE 38 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN ELECTROCOATING MARKET
    9.7 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
    9.8 START-UP/SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
           9.8.1 PROGRESSIVE COMPANIES
           9.8.2 RESPONSIVE COMPANIES
           9.8.3 DYNAMIC COMPANIES
           9.8.4 STARTING BLOCKS
                    FIGURE 39 ELECTROCOATING MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2020

10 COMPANY PROFILES (Page No. - 184)
     10.1 KEY COMPANIES
(Business overview, Products offered, New Product Development/Technology, Recent Developments, Deals , MNM view)*
             10.1.1 PPG INDUSTRIES, INC.
                        TABLE 231 PPG INDUSTRIES, INC.: COMPANY OVERVIEW
                        FIGURE 40 PPG INDUSTRIES, INC.: COMPANY SNAPSHOT
             10.1.2 AXALTA COATING SYSTEMS, LTD
                        TABLE 232 AXALTA COATING SYSTEMS, LTD: COMPANY OVERVIEW
                        FIGURE 41 AXALTA COATING SYSTEMS, LTD: COMPANY SNAPSHOT
             10.1.3 BASF SE
                        TABLE 233 BASF SE: COMPANY OVERVIEW
                        FIGURE 42 BASF SE: COMPANY SNAPSHOT
             10.1.4 NIPPON PAINT HOLDINGS CO., LTD.
                        TABLE 234 NIPPON PAINT HOLDINGS CO., LTD.: COMPANY OVERVIEW
                        FIGURE 43 NIPPON PAINT HOLDINGS CO., LTD.: COMPANY SNAPSHOT
             10.1.5 THE SHERWIN WILLIAMS COMPANY
                        TABLE 235 THE SHERWIN WILLIAMS COMPANY: COMPANY OVERVIEW
                        FIGURE 44 THE SHERWIN WILLIAMS COMPANY: COMPANY SNAPSHOT
             10.1.6 TATUNG FINE CHEMICALS CO., LTD.
                        TABLE 236 TATUNG FINE CHEMICALS CO., LTD.: COMPANY OVERVIEW
                        FIGURE 45 TATUNG FINE CHEMICALS CO., LTD.: COMPANY SNAPSHOT
             10.1.7 KCC CORPORATION
                        TABLE 237 KCC CORPORATION: COMPANY OVERVIEW
                        FIGURE 46 KCC CORPORATION.: COMPANY SNAPSHOT
             10.1.8 KANSAI PAINT CO., LTD.
                        TABLE 238 KANSAI PAINT CO., LTD.: COMPANY OVERVIEW
                        FIGURE 47 KANSAI PAINT CO., LTD.: COMPANY SNAPSHOT
             10.1.9 B.L DOWNEY COMPANY LLC.
                        TABLE 239 B.L DOWNEY COMPANY LLC.: COMPANY OVERVIEW
             10.1.10 HAWKING ELECTROTECHNOLOGY LTD
                        TABLE 240 HAWKING ELECTROTECHNOLOGY LTD: COMPANY OVERVIEW
             10.1.11 THERMA-TRON-X INC.
                        TABLE 241 THERMA-TRON-X INC.: COMPANY OVERVIEW
             10.1.12 PARKER TRUTEC INCORPORATED
                        TABLE 242 PARKER TRUTEC INCORPORATED: COMPANY OVERVIEW
*Details on Business overview, Products offered, New Product Development/Technology, Recent Developments, Deals , MNM view might not be captured in case of unlisted companies.
     10.2 OTHER PLAYERS
             10.2.1 AUTOTECH PRODUCTION SERVICES, INC.
                        TABLE 243 AUTOTECH PRODUCTION SERVICES, INC.: COMPANY OVERVIEW
             10.2.2 BEACON INDUSTRIES, INC.
                        TABLE 244 BEACON INDUSTRIES, INC.: COMPANY OVERVIEW
             10.2.3 BFG MANUFACTURING SERVICES
                        TABLE 245 BFG MANUFACTURING SERVICES: COMPANY OVERVIEW
             10.2.4 BROSE GROUP
                        TABLE 246 BROSE GROUP.: COMPANY OVERVIEW
             10.2.5 PARKER ENGINEERING
                        TABLE 247 PARKER ENGINEERING: COMPANY OVERVIEW
             10.2.6 DC COATERS, INC.
                        TABLE 248 DC COATERS, INC.: COMPANY OVERVIEW
             10.2.7 ELECTROPRIME GROUP LLC.
                        TABLE 249 ELECTROPRIME GROUP LLC.: COMPANY OVERVIEW
             10.2.8 GEORGE KOCH SONS LLC.
                        TABLE 250 GEORGE KOCH SONS LLC.: COMPANY OVERVIEW
             10.2.9 MAX COATING, INC.
                        TABLE 251 MAX COATING, INC.: COMPANY OVERVIEW
             10.2.10 MID WEST COATINGS
                        TABLE 252 MID WEST COATINGS: COMPANY OVERVIEW
             10.2.11 J.J COATING PVT LTD
                        TABLE 253 J.J COATING PVT LTD: COMPANY OVERVIEW
             10.2.12 SURFACE FINISHING SPECIALISTS, LTD
                        TABLE 254 SURFACE FINISHING SPECIALISTS, LTD: COMPANY OVERVIEW
             10.2.13 COATEC INDIA
                        TABLE 255 COATEC INDIA: COMPANY OVERVIEW
             10.2.14 CATAFORESIS SA DE CV
                        TABLE 256 CATAFORESIS SA DE CV: COMPANY OVERVIEW
             10.2.15 ABBO IDEAL
                        TABLE 257 ABBO IDEAL: COMPANY OVERVIEW

11 APPENDIX (Page No. - 231)
     11.1 DISCUSSION GUIDE
     11.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
     11.3 AVAILABLE CUSTOMIZATIONS
     11.4 RELATED REPORTS
     11.5 AUTHOR DETAILS

The study involves two major activities in estimating the current size of the electrocoating market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation procedures were used to determine the extent of market segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources such as annual reports, press releases, and investor presentations of companies; certified publications; articles from recognized authors; gold & silver standard websites; and various databases were referred to for identifying and collecting information for this study.

Secondary research was mainly conducted to obtain key information about the supply chain of the industry, the total pool of players, market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology & innovation directors, and related key executives from various leading companies and organizations operating in the electrocoating market. Primary sources from the demand side included procurement managers and experts from end-use industries.

Following is the breakdown of primary respondents:

Electrocoating Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total Electrocoating market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall electrocoating market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the whole market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides, mainly from the highways, bridges & buildings, marine structures & waterfronts and other applications.

Report Objectives

  • To analyze and forecast the global electrocoating market size, in terms of volume and value
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze the market segmentation and forecast the market size based on type, and application.
  • To analyze and forecast the market size based on five main regions, namely, Asia Pacific (APAC), Europe, North America, Middle East & Africa (MEA), and South America.
  • To analyze the market with respect to individual growth trends, prospects, and contribution of submarkets to the total market
  • To analyze the market opportunities and the competitive landscape for stakeholders and market leaders
  • To analyze competitive developments such as expansions, partnership, agreement, new product/technology launch, joint venture, contract, and merger & acquisition in the market
  • To profile key players and comprehensively analyze their market share and core competencies

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of Rest of Asia Pacific electrocoating market
  • Further breakdown of Rest of European electrocoating market
  • Further breakdown of Rest of Middle East & Africa electrocoating market
  • Further breakdown of Rest of South American electrocoating market

Company Information

  • Detailed analysis and profiling of additional market players (up to 10)
Electrocoating  Market Size,  Share & Growth Report
Report Code
CH 3658
Published ON
Apr, 2022
Choose License Type
BUY NOW
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status