Pune, India, October 21, 2016 /MRFR Press Release/- Market Research Future published a half cooked research report on E-Coat Market. The Global E-Coat Market is expected to grow over the CAGR of 4.5% during the period 2023-2030
Market Highlights
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.
Regional Analysis
“Asia-Pacific is projected to be the largest market during the forecast period”
Geographically, Asia-Pacific is expected to be the largest market for e-coat and accounting more than XX% of the total market. However, the emerging market such as China, where the rapid increasing population has become a major driving factor. Along with this, the increasing demand of e-coat from the application segment and government support and subsidies have been a major growing factors which has fueled the demand for e-coat in the regional market. Followed by this Europe is expected to be the second ruling region and North America would be the third ruling region.
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
Key Player
The key players of e-coat market report include Ad-Tech Industries Inc., Axalta Coating Systems, Nippon Paint Holdings, Beacon Industries, Inc., BASF SE, PPG Industries, KCC Corporation, Valspar Corporation, Noroo Paint & Coatings, Hawking Electrotechnology and others.Get More Information about this Report E-coat Market
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