COVID-19 Impact on Global E-coating Market Size, Status and Forecast 2020-2026

Electrocoating is an organic coating method that uses electrical current to deposit paint onto a part or assembled product. Because of its ability to coat even the most complex parts and assembled products with specific performance requirements, electrocoating is used throughout industry as a means to coat products in various categories such as: agricultural equipment, appliances, automobiles, automotive parts, marine components, transformers, metal office furniture, lawn & garden equipment and furniture, fasteners, trim appliances, fixtures and much more.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the E-coating market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

This report also analyses the impact of Coronavirus COVID-19 on the E-coating industry.

Based on our recent survey, we have several different scenarios about the E-coating YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ xx million in 2019. The market size of E-coating will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global E-coating market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global E-coating market in terms of revenue.

Players, stakeholders, and other participants in the global E-coating market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global E-coating market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026.

Competition Analysis

In the competitive analysis section of the report, leading as well as prominent players of the global E-coating market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global E-coating market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global E-coating market.

The following players are covered in this report:

BASF

Axalta Coating Systems

Nippon Paint

PPG

Valspar Paint

Shanghai Kinlita Chemical

KCC Corporation

Modine

Shimizu

Tatung Fine Chemicals

E-coating Breakdown Data by Type

Cathodic

Anodic

E-coating Breakdown Data by Application

Automotive

Heavy Duty Equipment

Decorative & Hardware

Appliances

Others

 

 

Global food emulsifier market is anticipated to reach a value of $5.4 billion by the end of 2025

The global market for food emulsifier is competitive in nature and is projected to experience a healthy competition among the leading players in the near future, states a new research study by Transparency Market Research. The rising number of players estimated to enter the global food emulsifier market is expected to encourage the growth of the global food emulsifier market throughout the forecast period. Some of the leading players operating in the food emulsifier market across the globe are Ajinomoto Co., Associated British Foods Plc., CP Kelco U.S., Inc., DSM Nutritional Products AG, Sensient Technologies Corporation, Archer-Daniels-Midlands Company, Givaudan SA, Cargill Inc., BASF, and Chr. Hansen Holding A/S. The leading players in the market are predicted to focus on innovations and advancements, which are estimated to offer promising growth opportunities for the market players in the next few years.  According to the market research study by Crystal Market Reports, in 2017, the global food emulsifier market was worth $3.77 billion and is anticipated to reach a value of $5.4 billion by the end of 2025. The market is likely to register a healthy 4.0% CAGR between 2017 and 2025.

The global reusable water bottle market is projected to reach $10.61 Billion by 2025

The global reusable water bottle market is eminently trending on the back of health-enhancing features which help introduce products with infusers for added nutritional benefits and filters for pure, clean water. In order to combat the concerns over the usage of bisphenol A (BPA), the industry now employs Tritan, a BPA-free polymer, for the production of reusable water bottles. This form of plastic flaunts a higher chemical resistance and durability and does not alter the taste of the water or add odor. The market is also expected to be propelled by the demand for smart water bottles which can record the user’s water intake and send notifications to a smartphone via Bluetooth. The global reusable water bottle market is projected to grow at a CAGR of 4.2% between 2016 and 2025 to make $10.61 Billion by the closing year of the forecast period, according to a report by Crystal Market Reports, a seasoned research company.

Global smart coating market expected to rise for the 2016-2025 period

Smart coatings are the futuristic coating. The smart functional coatings market is expected to leap from a niche market due to the increasing demand of customers for improved products. Some functional smart coatings that are evolving are antimicrobial, wear-resistant, easy-to-clean, scratch, and anti-fouling coatings. Regardless of their new developmental status, smart coatings have a broad range of applications.   Smart coatings have the capability to sense a change in the external environmental and respond to that change in a predictable and notable manner. Smart coatings integrate functionality with design to provide a system that offers multidimensional and multifunctional effects simultaneously.