E-Coat Market with Attractive Global Opportunities For Next Five Year Aug 2016 | Page 2

E-Coat Market: Global Forecast to 2021 “The e-coat market is projected to register a CAGR of 4.34%” The e-coat market is estimated to grow from USD 3.08 billion in 2016 to USD 3.80 billion by 2021, at a CAGR of 4.34% between 2016 and 2021. This market is witnessing moderate growth because of demand for e-coat from the end-use industries such as automotive and appliances. “Cathodic acrylic is expected to witness the highest growth in the global e-coat market“ Cathodic acrylic is expected to witness the highest growth in the e-coat market. Cathodic acrylic e-coat is typically used in applications where both UV durability and corrosion protection on ferrous substrates (steel) are required. It is also used in applications where light colors are required. Cathodic acrylic e-coat is available in a wide range of glosses and colors to maximize exterior durability, gloss retention, color retention, and corrosion protection. This type is used as a one-coat finish in the agricultural and lawn & garden equipment and appliances and air-conditioner applications. www.marketreportshub.com / Mail Us: [email protected]