Low Pollution, Energy and Resource Saving, Cataphoretic Coating Has Attracted Much Attention because of Its Absolute Advantages

Electrophoresis is an organic coating method that works by depositing paint onto a part or assembly product using an electric current.  Because of its ability to coat the most complex parts and assembly products with specific performance requirements, electrophoretic coatings are used as a very important means of coating all kinds of products throughout the industry. Agricultural equipment, electrical appliances, automobiles, auto parts, marine parts, transformers, metal office furniture, lawn and garden equipment and fasteners, decorative appliances, fixtures and other products can be coated by electrophoresis.  Among them, electrophoretic coating is the most widely used in the automotive industry, which accounted for 38.72% of the market in 2020.  And decoration and hardware industry ranked second with 27.97%.

Common electrophoretic coating coatings include epoxy - based coatings, acrylic - based coatings and polyurethane - based coatings. Epoxy - based coating refers to a coating with epoxy resin as the main raw material.  Epoxy resins are organic compounds that consist of carbon chains linked to other elements such as hydrogen, oxygen or nitrogen. This connection occurs through covalent bonds, in which the elements share a pair of electrons to join together. Epoxy paints use a chemical mixture of two liquid components, epoxy resin and hardener, to form a tough, solvent-resistant finish. Acrylic-based coatings are quick-drying coatings made from pigments suspended in acrylic polymer emulsions that are water-soluble but waterproof when dry. Polyurethane-based coatings (PU coatings) are reactive polymers that are a combination of polyol resins and isocyanate hardeners or hardeners. They are commonly used in industrial and architectural coating systems for steel products, concrete, wood and other substrates and have high wear resistance properties.

Development Status and Prospect Forecast of Cataphoretic Coating Industry in Eastern Europe

According to our research, the global electrophoretic coating products industry was valued at $94.85 million in 2015 and grew to $122.45 million in 2019, with the market value on an upward trend. However, in early 2020, the outbreak and spread of the epidemic had a negative impact on the industry, reducing the total market value of the electrophoretic coating products industry to $116.3 million in this natural year, a decline of 5.02% compared to 2019. As a result of the pandemic, the economy of eastern Europe contracted sharply in 2020, falling by 3% overall, which is much worse than the 2008-2009 financial crisis.  Based on this data, we performed a series of functional calculations and derived the data for the next six years using a scientific model. Finally, we predicted that the market value of electrophoretic coating products will reach $179.44 million by 2026. 

In eastern Europe, the Czech Republic is the largest revenue market in this industry. In 2020, the market value of Czech electrophoretic coating products is $27.87 million, accounting for 23.96% of the market share, and in the forecast year, the Czech market share in Eastern Europe will continue to rise, is expected to grow to 24.12% by 2026; Romania ranked second with a market value of $12.19 million and a market share of 10.48 percent.

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Electrophoretic coating industry has a low degree of market concentration, so the industry competition is quite fierce. The top three companies are Electropoli, ALRO Group and Voestalpine Rotec. In 2020, their market share was 9.17%, 7.18% and 4.36%, respectively. 

Low Pollution, Energy and Resource Saving, Electrophoretic Coating Has Attracted Much Attention because of Its Absolute Advantages 

Electrophoretic coatings are widely used in almost any field. In the automotive industry, electrophoretic coating includes coating of body, cargo case, frame, chassis and parts; In the field of furniture, electrophoretic coating is widely used in fire doors, lockers, metal structure Windows, etc. In the field of light industrial hardware, electrophoretic coatings are used in locks, bicycle accessories, camera brackets, gift box poles and many other fields. More importantly, it is suitable for the coating of complex shapes, corners, holes and other workpiece, to achieve the mechanization and automation of electrophoretic coating industry is relatively easy. 

Compared with electroplating, electrophoretic coating can achieve up to 95% or even 100% coating efficiency. Due to the low liquid solid content and viscosity of the tank, less paint is carried out by the coating, especially the application of ultrafiltration technology, the coating process is closed cycle, and the paint recovery rate is high. Therefore, the coating has the characteristics of low pollution, energy saving and resource saving. Under the increasingly strict environmental protection policies in Europe, electrophoretic coatings have attracted more and more attention. At the same time, the protective anticorrosive coating has the characteristics of smooth coating, good water resistance, good chemical resistance and so on, which also opens up the demand market of electrophoresis coating. In Europe, there are a number of effective international cooperation organizations and agreements to protect the European environment. In addition, the EU has a dedicated legislative body, and EU legislation covers a wide range of content and areas, including water/air/noise pollution, waste management, hazardous substances, radioactivity, wildlife and rural protection, environmental assessment and access to information. When it acts in a legislative capacity, its directives, regulations and decisions are binding on member States and can be enforced by the Eu Court of Justice. Therefore, electrophoretic coating with both environmental protection and low carbon can form its own unique competitive advantages and avoid being replaced by other ways, thus bringing opportunities for the development of the industry.

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