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Cathode Coating Market Size, Analysis, Share & Forecast 2031

Global Cathode Coating Market

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Segments - by Type (Oxide Coatings, Fluoride Coatings, Phosphate Coatings, Lithium Composite Coatings, Glass Coatings, and Others), Application (Electric And Plug-In Hybrid Electric Vehicles, Portable Electronic Devices, Medical Devices, and Space/ Aeronautical/ Defense-Related Devices), and Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

MC-4916
4.6 Rating
67 Pages

09-09-2022
73 Reviews

Author :

Riddhesh Dani

Fact-checked by :

Harneet Meher

Editor :

Shruti Bhat

Report Description

Cathode Coating Market Outlook

The global cathode coating market size was USD 46.04 Mn in 2022 and is projected to reach USD 1.42 Bn by 2031, expanding at a CAGR of 13.4% during 2023-2031. The rising number of developments for lithium-ion batteries is creating opportunities for the market players during the forecast period.

Cathode coating is used to improve the capabilities of lithium-ion batteries and surface coating modification is widely employed to enhance electrochemical performances. Additionally, surface coating effectively improves the thermal and structural abilities thereby improving the surface activity of the particles. Significant innovation is mostly focused on increasing cost efficiency, productivity, and product reliability of cathode coating materials.

Cathode Coating Market Dynamics

What drives Cathode Coating Market?

Increasing Demand Due to Simplicity in Installation of Cathode Coating

The continuous demand for cathode coating in various applications such as electric vehicles, portable electronic devices, space, aeronautical and more is likely to fuel the demand for the cathode coating market. Furthermore, the simplicity of the cathode coating with improved technology and the growing demand for coating in electric and plug-in electric vehicles are further likely to fuel the demand for the market.

It is also highly utilized in ships, offshore floaters, subsea equipment, harbors, pipelines, and tanks; basically, all submerged or buried metal structures that can propel the global cathode coating market.

What Restraints Cathode Coating Market?

Expensive Cathodic Protection Process Hampering the Market Growth

The amount of cathodic protection must be controlled in order to protect the coating. Additionally, the cost associated with cathodic protection is very high and can be difficult if structures are complicated. Routine maintenance and visual inspection are required from time to time. A high current density with high-capacity rectifiers requires more power which is expensive and thus hampering the market.

What are the opportunities for Cathode Coating Market?

Expansion into Various Industries

Increasing use of cathodic coating is required in various industries, including petrochemicals, pipelines, marine, and construction, and is expected to create opportunities for cathode coating manufacturers during the forecast period. Extreme climatic changes are resulting in excessive corrosion, thus the demand from the various industries is expected to increase the demand for cathode coating during the forecast period.

Scope of Cathode Coating Market Report

The report on the Global Cathode Coating Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Cathode Coating Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2022
Historic Data	2016 to 2021
Forecast Period	2023–2031
Segmentation	Type (oxide coatings, fluoride coatings, phosphate coatings, lithium composite coatings, glass coatings, other coatings) and Application (electric and plug-in hybrid electric vehicles, portable electronic devices, medical devices, space/ aeronautical/ defense-related devices)
Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	Hannecard Roller Coatings, Inc, Durr Group, Industrie De Nora S.p.A, Transene Company, Inc, and SACHEM, INC

Cathode Coating Market Segment Insights

What Key Factors Contribute to the Significant Expansion of the Type Segment?

Increasing usage of Cathode Coating across various Industries

Based on type, the global cathode coating market is bifurcated into oxide coatings, fluoride coatings, phosphate coatings, lithium composite coatings, glass coatings, and other coatings. The fluoride coating segment is expected to register substantial growth in the forecast period due to its wide usage in various applications for coatings across different industries.

The market for phosphate coatings is anticipated to register a considerable CAGR in the forecast period owing to the porosity of the coating. The strong adhesion and corrosion protection coating are beneficial to prevent the materials against rust. The highly resistant coating to chemicals, weather, and corrosion is highly preferred across major industries.

Which Major Factors influence the Substantial Growth of the Application Segment?

The rapid growth in demand for Portable e-devices

In terms of application, the global market is classified into electric and plug-in hybrid electric vehicles, portable electronic devices, medical devices, and space/ aeronautical/ defense-related devices. The portable electronic devices segment is projected to expand at a substantial rate during the forecast period owing to significant investment from various electronic companies and rising demand for portable e-devices.

The medical devices segment is anticipated to register a considerable CAGR during the forest period owing to the rising technological advancements and growing demand for medical devices. In medical devices, Li-ion batteries are widely used in medical devices due to their longer life, less space occupation, their ability to provide better energy density, and good power density and cathode is the source of the ions inserted into the lattice structure of the anode during charging and extracted from the anode during discharge.

Why is North America dominating Cathode Coating Market?

Rising Technological Advancements with increasing demand for lithioum-ion batteries

The market in North America is expected to hold a major share of the global market due to the presence of the EV market and the increasing demand for lithium-ion batteries in the region. North America accounted for 4.48 USD million of the market in the year 2022. Cathode coating is widely used in medical devices and the healthcare sector in the US is rapidly growing with technological developments in cathode coating that can drive the market.

The market in Asia Pacific is projected to expand at a CAGR of 13.9% during the forecast period. Asia Pacific held a significant share of the global cathode coating market owing to the increasing investments of governments in producing advanced batteries. The EV market is booming in emerging economies which can create new opportunities for the cathode coating market in the region.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Cathode Coating Market
Historical, Current, and Projected Market Size in terms of Value.
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints, and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Cathode Coating Market Performance

Segments

Type

Oxide coatings
Fluoride coatings
Phosphate coatings
Lithium composite coatings
Glass coatings
Other coatings

Application

Electric And Plug-in Hybrid Electric Vehicles
Portable Electronic Devices
Medical Devices
Space/ Aeronautical/ Defense-related Devices

Key Players

Hannecard Roller Coatings, Inc
Industrie De Nora S.p.A
Transene Company, Inc
Durr Group
SACHEM, INC

Competitive Landscape

Top players in the market include Hannecard Roller Coatings, Inc., Durr Group, Industrie De Nora S.p.A, Transene Company, Inc., and SACHEM, INC.
The market is characterized by the presence of new as well as established market players. Key market players operating in the cathode coating market are focusing on various strategies such as mergers, partnerships, and acquisitions, among others.
The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Global Cathode Coating Market.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cathode Coating Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Cathode Coating Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Cathode Coating Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Cathode Coating Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Cathode Coating Market Size & Forecast, 2015-2030
      4.5.1 Cathode Coating Market Size and Y-o-Y Growth
      4.5.2 Cathode Coating Market Absolute $ Opportunity
Chapter 5 Global Cathode Coating Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Cathode Coating Market Size Forecast By Type
      5.2.1 Oxide Coatings
      5.2.2 Fluoride coatings
      5.2.3 Phosphate coatings
      5.2.4 Lithium composite coatings
      5.2.5 Glass coatings
      5.2.6 Other coatings
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Cathode Coating Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Cathode Coating Market Size Forecast By Application
      6.2.1 Electric And Plug-in Hybrid Electric Vehicles
      6.2.2 Portable Electronic Devices
      6.2.3 Medical Devices
      6.2.4 Space/Aeronautical/Defense-related Devices
      6.2.5 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Cathode Coating Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Cathode Coating Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Cathode Coating Analysis and Forecast
   9.1 Introduction
   9.2 North America Cathode Coating Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Cathode Coating Market Size Forecast By Type
      9.6.1 Oxide Coatings
      9.6.2 Fluoride coatings
      9.6.3 Phosphate coatings
      9.6.4 Lithium composite coatings
      9.6.5 Glass coatings
      9.6.6 Other coatings
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Cathode Coating Market Size Forecast By Application
      9.10.1 Electric And Plug-in Hybrid Electric Vehicles
      9.10.2 Portable Electronic Devices
      9.10.3 Medical Devices
      9.10.4 Space\Aeronautical\Defense-related Devices
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Cathode Coating Analysis and Forecast
   10.1 Introduction
   10.2 Europe Cathode Coating Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Cathode Coating Market Size Forecast By Type
      10.6.1 Oxide Coatings
      10.6.2 Fluoride coatings
      10.6.3 Phosphate coatings
      10.6.4 Lithium composite coatings
      10.6.5 Glass coatings
      10.6.6 Other coatings
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Cathode Coating Market Size Forecast By Application
      10.10.1 Electric And Plug-in Hybrid Electric Vehicles
      10.10.2 Portable Electronic Devices
      10.10.3 Medical Devices
      10.10.4 Space/Aeronautical/Defense-related Devices
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Cathode Coating Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Cathode Coating Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Cathode Coating Market Size Forecast By Type
      11.6.1 Oxide Coatings
      11.6.2 Fluoride coatings
      11.6.3 Phosphate coatings
      11.6.4 Lithium composite coatings
      11.6.5 Glass coatings
      11.6.6 Other coatings
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Cathode Coating Market Size Forecast By Application
      11.10.1 Electric And Plug-in Hybrid Electric Vehicles
      11.10.2 Portable Electronic Devices
      11.10.3 Medical Devices
      11.10.4 Space/Aeronautical/Defense-related Devices
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Cathode Coating Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Cathode Coating Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Cathode Coating Market Size Forecast By Type
      12.6.1 Oxide Coatings
      12.6.2 Fluoride coatings
      12.6.3 Phosphate coatings
      12.6.4 Lithium composite coatings
      12.6.5 Glass coatings
      12.6.6 Other coatings
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Cathode Coating Market Size Forecast By Application
      12.10.1 Electric And Plug-in Hybrid Electric Vehicles
      12.10.2 Portable Electronic Devices
      12.10.3 Medical Devices
      12.10.4 Space/Aeronautical/Defense-related Devices
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Cathode Coating Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Cathode Coating Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Cathode Coating Market Size Forecast By Type
      13.6.1 Oxide Coatings
      13.6.2 Fluoride coatings
      13.6.3 Phosphate coatings
      13.6.4 Lithium composite coatings
      13.6.5 Glass coatings
      13.6.6 Other coatings
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Cathode Coating Market Size Forecast By Application
      13.10.1 Electric And Plug-in Hybrid Electric Vehicles
      13.10.2 Portable Electronic Devices
      13.10.3 Medical Devices
      13.10.4 Space\Aeronautical\Defense-related Devices
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Cathode Coating Market: Competitive Dashboard
   14.2 Global Cathode Coating Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Hannecard Roller Coatings, Inc
      14.3.2 Durr Group
      14.3.3 Industrie De Nora S.p.A
      14.3.4 Transene Company, Inc.
      14.3.5 SACHEM, INC.

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