Global E-coat market Value is estimated to be USD 2.87 billion in 2015

Date: 2015-08-19

“The report covers the e-coat market and further segments the market on the basis of type, application, and region. The market data for these types is given with respect to volume (Million Square Meter) and value (USD million). The market size, in terms of value, of e-coat is estimated to be USD 2.87 billion in 2015 and is projected to register a CAGR of about 5.12% between 2015 and 2020. The data mentioned in the report is based on the global demand for e-coat.

The market for e-coat has been examined by adopting the Porter’s Five Forces Analysis. This gives an idea about the current scenario in the industry at the global level. The study also provides the value chain analysis with respect to the end-user industries. The value chain describes the key contributors to the e-coat market at different stages from raw material manufacturers, product manufacturers to the end-use industries. It represents the top players which are contributing significantly to the e-coat industry.

The impact of the different market factors such as drivers, restraints, opportunities, and challenges are also illustrated in the report. The e-coat market is also on the basis of types and applications. The major types are cathodic epoxy, cathodic acrylic, and anodic. The major applications are passenger cars, commercial vehicles, automotive parts & accessories,  
heavy duty equipment, appliances, and others. 

The key companies in this market are Axalta Coating Systems (U.S.), BASF SE (Germany), Hawking Electrotechnology (U.K.), KCC Corporation (South Korea), Koch Membrane Systems Inc. (U.S.), Luvata Oy (Finland), MetoKote Corporation, Inc. (U.S.), Nippon Paint Holdings Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), Luvata Oy (Finland), and The Valspar Corporation (U.S.). These companies are consistently focusing on expanding their production capacities to achieve a competitive advantage and serve their customers more effectively. Expansion and new product launches were the most preferred strategy adopted by the top players in 2014. 

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