The global e-coat business, a new report says, is at US$2.87-billion. And by 2020, it will hit $3.69-billion. The report, available from research firm MarketsandMarkets, analyzes market drivers, restraints, opportunities and challenges in different regions. The report identifies primary drivers for the electrocoating market as the growing automotive and appliance industries. While countries such as China, India and Brazil are the major consumers of e-coat, markets in the Middle East and Africa are also growing. In developed countries, market growth is at a low-to-moderate rate. Asia-Pacific is the largest market for e-coat, both in terms of volume and value, followed by western Europe and North America. The market size of e-coat, the report notes, mainly depends on new production of automobiles such as passenger cars, commercial vehicles, and heavy-duty construction and agricultural equipment. E-coating technology may also help companies comply with environmental regulations. These advantages help to spur demand for the technology in end-use industries such as appliances, automotive, construction and furniture. The market is restrained by the initial high cost of capital equipment. For additional information about the report, Electrocoating (E-Coat) Market by Type (Cathodic Epoxy, Cathodic Acrylic, Anodic), by Application (Passenger Cars, Commercial Vehicles, Automotive Parts & Accessories, Heavy Duty Equipment, Appliances, & Others) & By Region – Global Forecasts to 2020, visit: www.marketsandmarkets.com/Market-Reports/electrocoating-market-29663206.html