Cathodic Acrylic Market will witness a rapid growth to 2025
Request for Sample report @ http://bit.ly/2INbp3i Asia Pacific region is projected to hold a major share in the global cathodic acrylic market soon. This is all owing to an established center for various end-use sectors, such as automotive, manufacturing, construction and consumer goods. Moreover, growing demand of product for electrocoating applications in several end-use sectors such as automobiles, manufacturing and other industries will swell its demand across the region. Additionally, its high performance abilities allow coating in a one-coat finish that assures minimal costs in production, which will further drive its usage in the region. Being environmentally friendly in nature the product yield excellent hardness, which will increase its demand for several electrocoating applications that find wide usage various end-use sectors, this in turn will propel the product market size by 2025.
Request for Sample report @ http://bit.ly/2INbp3i
Asia Pacific region is projected to hold a major share in the global cathodic acrylic market soon. This is all owing to an established center for various end-use sectors, such as automotive, manufacturing, construction and consumer goods. Moreover, growing demand of product for electrocoating applications in several end-use sectors such as automobiles, manufacturing and other industries will swell its demand across the region. Additionally, its high performance abilities allow coating in a one-coat finish that assures minimal costs in production, which will further drive its usage in the region. Being environmentally friendly in nature the product yield excellent hardness, which will increase its demand for several electrocoating applications that find wide usage various end-use sectors, this in turn will propel the product market size by 2025.
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<strong>Cathodic</strong> <strong>Acrylic</strong> <strong>Market</strong> anticipated <strong>to</strong> <strong>witness</strong> healthy CAGR over<br />
2019-<strong>2025</strong>: Global <strong>Market</strong> Insights, Inc.<br />
According <strong>to</strong> a new research report by the market research and strategy consulting<br />
firm, Global <strong>Market</strong> Insights, Inc, <strong>Cathodic</strong> <strong>Acrylic</strong> <strong>Market</strong> size is expected <strong>to</strong> rise<br />
exponentially in the coming years due <strong>to</strong> increasing demand from au<strong>to</strong>motive and<br />
construction industry across the world. The product is a form of electrocoating that<br />
offers best combination of color control, exterior durability, and corrosion resistance<br />
for various applications. These coatings are mostly available in wide range of colors<br />
and gloss selections, that is extensively used for exterior finishes as well as sections<br />
that require a decorative appearance. Beside this, specialty coatings also offer UV<br />
durability and resistance <strong>to</strong> corrosion, while retaining their original appearance in all<br />
weather conditions. This in turn increases cathodic acrylic market demand for<br />
decorative coating applications. Moreover, its excellent color retention and inertness<br />
when exposed <strong>to</strong> outdoor conditions, <strong>will</strong> fuel the market <strong>growth</strong> in the coming years.<br />
Furthermore, rising disposable incomes coupled with <strong>rapid</strong> urbanization globally <strong>will</strong><br />
further augment product market for aesthetically appealing coats in various sec<strong>to</strong>r, this<br />
<strong>will</strong> drive its demand during the forecast spell.<br />
The demand for cathodic acrylic market in recent years has increased due <strong>to</strong> its<br />
growing usage in au<strong>to</strong>motive and industrial manufacturing applications. The product<br />
offers a unique property i.e., corrosion resistant primer with UV durability, which finds<br />
extensive usage in au<strong>to</strong>motive industry for various coating applications. Beside this, it<br />
also offers good chip resistance and excellent throw power, which increase their ability<br />
<strong>to</strong> plate <strong>to</strong> a uniform thickness over an irregularly shaped cathode. Additionally, it<br />
generates excellent hardness and chemical or solvent resistance without the usage of<br />
high solvents and heavy metals, which makes is suitable for various industrial<br />
appliances. Furthermore, growing demand for coatings in furniture, construction, metal<br />
fabrication, plastic and coil based applications <strong>will</strong> further create immense potential for<br />
cathodic acrylic market in the near future. In addition, rising use of powder coatings in<br />
consumer goods, and architecture, furniture <strong>will</strong> further augment the product market<br />
globally.<br />
Based on application, the cathodic acrylic market is classified in<strong>to</strong> agricultural<br />
implements, garden equipment, au<strong>to</strong>motive parts & accessories, heavy-duty<br />
equipment and others equipment, which mainly includes marine, furniture, etc. Rising<br />
demand of au<strong>to</strong>motive parts and accessories in the sec<strong>to</strong>r <strong>will</strong> drive the usage of the<br />
product for electrocoating applications. Moreover, its excellent corrosion protection<br />
and UV durability, <strong>will</strong> propel its usage for various end-use applications in the coming<br />
years. Likewise, growing usage of cathodic acrylic in coating exterior HVAC and<br />
heavy-duty equipment <strong>will</strong> positively influence product market size in the near future.<br />
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On the basis of end-use sec<strong>to</strong>r, the market is categorized in<strong>to</strong> au<strong>to</strong>motive,<br />
manufacturing, construction, and consumer goods sec<strong>to</strong>r. These electrocoating offers<br />
an exclusive range of colors & glosses and also provides both corrosion protection &<br />
exterior weathering, which increases its demand in various end-use industries.<br />
Moreover, rising electrocoating demand in manufacturing and construction industry<br />
<strong>will</strong> further expand product market size in the forecast timeframe.<br />
Asia Pacific region is projected <strong>to</strong> hold a major share in the global cathodic acrylic<br />
market soon. This is all owing <strong>to</strong> an established center for various end-use sec<strong>to</strong>rs,<br />
such as au<strong>to</strong>motive, manufacturing, construction and consumer goods. Moreover,<br />
growing demand of product for electrocoating applications in several end-use sec<strong>to</strong>rs<br />
such as au<strong>to</strong>mobiles, manufacturing and other industries <strong>will</strong> swell its demand across<br />
the region. Additionally, its high performance abilities allow coating in a one-coat finish<br />
that assures minimal costs in production, which <strong>will</strong> further drive its usage in the region.<br />
Being environmentally friendly in nature the product yield excellent hardness, which<br />
<strong>will</strong> increase its demand for several electrocoating applications that find wide usage<br />
various end-use sec<strong>to</strong>rs, this in turn <strong>will</strong> propel the product market size by <strong>2025</strong>.<br />
Key product manufactures in the market are BASF SE, Hawking Electrotechnology<br />
Ltd., Axalta Coating Systems, Valspar Corp., KCC Corporation, Luvata OY, Me<strong>to</strong>kote<br />
Corporation, Inc., PPG Industries Inc, Koch Membrane Systems Inc, Nippon Paint<br />
Holdings Co., etc.<br />
By Application, 2014-<strong>2025</strong><br />
• Agricultural implements<br />
• Au<strong>to</strong>motive parts & accessories<br />
• Heavy-duty equipment<br />
• Garden equipment<br />
• Others<br />
By End-use Sec<strong>to</strong>r, 2014-<strong>2025</strong><br />
• Au<strong>to</strong>motive<br />
• Manufacturing<br />
• Construction<br />
• Consumer goods<br />
The above information has been provided for the following regions and<br />
countries:<br />
o<br />
o<br />
North America<br />
• U.S.<br />
• Canada<br />
Europe<br />
• UK<br />
• Germany<br />
• France<br />
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o<br />
o<br />
o<br />
• Italy<br />
• Spain<br />
• Russia<br />
APAC<br />
• China<br />
• India<br />
• Japan<br />
• Australia<br />
• Malaysia<br />
• South Korea<br />
Latin America<br />
• Brazil<br />
• Mexico<br />
MEA<br />
• South Africa<br />
• UAE<br />
• Kuwait<br />
• South Africa<br />
Company Profiles:<br />
o<br />
o<br />
o<br />
o<br />
o<br />
o<br />
o<br />
o<br />
o<br />
o<br />
BASF SE<br />
Hawking Electrotechnology Ltd.<br />
Axalta Coating Systems<br />
Valspar Corp.<br />
KCC Corporation<br />
Luvata OY<br />
Me<strong>to</strong>kote Corporation, Inc.<br />
PPG Industries Inc<br />
Koch Membrane Systems Inc<br />
Nippon Paint Holdings Co.<br />
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About Global <strong>Market</strong> Insights<br />
Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />
research and consulting service provider; offering syndicated and cus<strong>to</strong>m research<br />
reports along with <strong>growth</strong> consulting services. Our business intelligence and industry<br />
research reports offer clients with penetrative insights and actionable market data<br />
specially designed and presented <strong>to</strong> aid strategic decision making. These exhaustive<br />
reports are designed via a proprietary research methodology and are available for key<br />
industries such as chemicals, advanced materials, technology, renewable energy and<br />
biotechnology.<br />
Contact Us:<br />
Arun Hegde<br />
Corporate Sales, USA<br />
Global <strong>Market</strong> Insights, Inc.<br />
Phone: 1-302-846-7766<br />
Toll Free: 1-888-689-0688<br />
Email: sales@gminsights.com<br />
Web: https://www.gminsights.com<br />
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