Cathode Coating Market Size, Analysis, Share & Forecast 2031
Cathode Coating Market Size, Analysis, Share & Forecast 2031
Segments - Global Cathode Coating Market 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
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| Report ID :MC-4916
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| 67 Pages
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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.
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Attributes |
Details |
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Report Title |
Cathode Coating Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016 to 2021 |
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Forecast Period |
2023–2031 |
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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) |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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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.
Frequently Asked Questions
North America is likely to dominate the cathode coating market during the forecast period.
Based on application, portable electronic devices segment constituted a key share of the Combined Charging System market in 2022.
Increasing usage of cathode coating in lithium-ion batteries which are widely used in Electric Vehicles (EVs) can drive the global market.
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.
Key players competing in the global cathode coating market are Hannecard Roller Coatings, Inc, Durr Group, Industrie De Nora S.p.A, Transene Company, Inc, and SACHEM, INC.
Table Of Content
Chapter 1 Executive SummaryChapter 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.
Methodology
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