Global E-Coat Market Information, By Product Type (Anodic E-Coat and Cathodic E-Coat), By Application (Personal Vehicles, Commercial Vehicles, Automotive Accessories, Heavy Vehicles and Others) - Forecast To 2022

Pune, India -- (SBWire) -- 06/01/2018 --Over the past few years, the global market has seen a substantial growth due to increasing demand of E-Coat. This has resulted into a higher growth rate at the end of forecasted period. As per the market analysis, different factors have created boom in the Global E-Coat Market are rapidly increasing number of vehicles, high physical strengths with superior properties, green environment regulations, low cost of coating, emerging economies and others.

Industry News:

January 2016 – PPG marks completion of $20 million electrocoat center at zhangjiagang, china, facility. The new 37,500-square-foot (nearly 3,500 square meters) center adds production and blending capacity for high-performance cathodic electrocoat (e-coat) coatings. It is PPG's second e-coat blending operation in China along with one in Tianjin. The new operation is expected to help PPG meet growing demand by automotive-manufacturing and industrial customers for environmentally friendly coatings, such as waterborne e-coat products that comply with environmental regulations in China. PPG was the first company to introduce electrocoat technology commercially in an automotive OEM (original equipment manufacturer) assembly plant 52 years ago. E-coat technology offers high coating uniformity and efficiency as well as superior corrosion protection, and it has virtually eliminated rust on vehicles in addition to providing corrosion resistance to household appliances, computers and other electronic devices, and automotive and mechanical parts.

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November 2015 – Parker Trutec Inc. has announced that the Urbana, Ohio, facility will construct a 57,000-square-foot building expansion. This expansion is expected to add a third electrocoating line to the coatings application facility located at 4795 Upper Valley Pike. This new electrocoating process line addition compliments the other electrocoat lines that are already in place at Parker Trutec and is expected to launch mass production by second quarter 2017. The total project cost will exceed $8.0 million.

June 2017 – BASF invests USD40 million in automotive coatings in North America. Increased waterborne base e-coat capacity in Tultitlan and electrocoat emulsion capacity in Greenville enables BASF to continue to drive innovation through production of state-of-the-art automotive coatings. Waterborne basecoats are low volatile organic compound paint products that give vehicles their color and electrocoat or E-Coat is the primer coat applied to vehicles to prevent corrosion.

Scope of the Study

The scope of the study categorizes the E-Coat Market as Product Type and Application.

By Product Type

Anodic E-Coat
Cathodic E-Coat

By Application

Personal Vehicles
Commercial Vehicles
Automotive Accessories
Heavy Vehicles
Others

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