• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Additives Update

    Pigment Supplier Directory

    Interior Architectural Coatings

    Biocides Update

    Powder Coatings Market
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Video Bites
    Raw Materials & Equipment
    Suppliers News
    Live From Shows
    Top News
    Scott McLaughlin to Race in PPG Colors During Rookie INDYCAR Season

    Vink Chemicals Offers parmetol PSG

    Minwax Announces Vintage Blue as 2021 Color of the Year

    Palmer Holland Expands Roles, Positions Of Business Teams

    In Memoriam: CIN’s Honorary Chairman António Serrenho
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    Scott McLaughlin to Race in PPG Colors During Rookie INDYCAR Season

    Q&A with Kim Perry of Glidden Paint by PPG

    Minwax Announces Vintage Blue as 2021 Color of the Year

    LINE-X Launches Dealer Program with International Truck

    PPG Donates Coatings, Sealants to Help Restore Douglas C-54 Skymaster Aircraft
    Additives
    Binders
    Pigments
    Solvents

    Vink Chemicals Offers parmetol PSG

    OQ Chemicals Announces Sales Control for US Oxo Intermediates

    Active Minerals Announces Shipping Container Surcharge

    Huntsman Finalizes Acquisition of Gabriel Performance Products

    LANXESS Acquires Biocides Specialist INTACE
    Buyers Guide
    Company Capabilities
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Active Minerals

    Shepherd Color Company, The

    Siltech Corporation

    Pilot Chemical Company

    ROSS Mixers
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    The Waterborne Symposium (2021)

    Cleveland Coatings Society Zoom Meeting

    Surface Finishing Mexico 2021

    Cleveland Coatings Society Zoom Meeting

    Cleveland Coatings Society Zoom Meeting
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Pilot Chemical Company

    Active Minerals

    Keim Additec Surface USA LLC

    Shepherd Color Company, The

    Eagle Specialty Products
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Market Research

    Electrical Appliance Coatings Market Worth $10.2 Billion by 2030: Transparency Market Research

    ...

    Electrical Appliance Coatings Market Worth $10.2 Billion by 2030: Transparency Market Research
    Related CONTENT
    • Iron Oxide Pigment Market to Reach $1,951.8 Million By 2025: Transparency Market Research
    • Michelman - World HQ
    • Coatings World Hosting Expert Panel: Conducting Business in 2020, a Year Like No Other
    • Jeff Takac Joins CIC Coatings as VP of Sales, North America
    • AkzoNobel Promotes Tami Swearingin to Global Segment Director of Aerospace Coatings
    Transparency Market Research08.06.20

    The global electrical appliance coatings market was valued at ~$6.2 billion in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global electrical appliance coatings market is driven by an increase in demand for electrical appliances from the rising population of Asia Pacific. Asia Pacific accounts for a major share of the global electrical appliance coatings market, led by high demand for electrical appliance coatings, among appliance manufacturers in the region.

     

    Plastic usage in the coating of electrical appliances is dependent on the number of appliances being produced. Asia Pacific was a dominant region of the electrical appliances industry in terms of production as well as consumption in 2016. It was followed by Europe and North America. A large amount of internal trading takes place in Europe, along with imports from other regions, which sustains demand for electrical appliances in the region. In terms of application, personal care appliances constituted a significant share of 20.4% of the overall electrical appliance production in 2016. It was followed by small cooking appliances (14.1%) and air treatment products (11.9%). 

     

    Overall, the consumption of electrical appliances is likely to be lower than the production in the near future. The demand for electrical appliances has been rising over the past couple of years. It is impacted by several factors such as availability of products, trends in an individual appliance segment, product development, per capita expenditure, disposable income, and economic factors. The growth in the production of electrical appliances is expected to boost the demand for electrical appliance coatings in the near future.

     

    The global electrical & electronics sector has expanded by about 3% per year in the 21st Century. The sector has expanded significantly in Asia Pacific due to the presence of the strong electrical & electronics industry in China, Japan, and South Korea. More than half of the production of electrical appliances in the world is estimated to be contributed by Asia Pacific in the near future. In terms of production, North America and Europe cumulatively accounted for about 30% share of electrical appliances in the world in 2016.

     

    Research and development of new technologies are one of the major factors driving the electronics & electrical industry. Positive economic conditions enable foreign investments, better infrastructure means for research and development, a rise in purchasing power, etc. In developing countries with the availability of cheaper labor and low manufacturing costs, the subsequent final product price is cheaper compared to that in developed regions. The increase in the GDP of developing as well as developed countries in Asia Pacific is expected to boost the electrical appliances industry in the region. This, in turn, is estimated to propel the demand for electrical appliance coatings in the region in the near future.

     

    Some plastics are harder to recycle as compared to others. For instance, LDPE films are difficult to recycle, sort, and collect. Due to low density, LDPE bales are uneconomical to transport. Recycling of LDPE or other flexible plastics is highly difficult. They cannot be used for the same application again. Hence, down-cycling is the only option available. These films are usually converted into garbage bags or plastic timber after which, they become useless and need to be incinerated or landfilled. Furthermore, flexible plastics create operational issues by clogging recycling and washing equipment and machines in processing plants. They are also expensive in terms of decontamination and sorting.

    Prices of oil and gas directly affect the cost of plastic manufacturing. Volatility in prices of oil and gas affects the raw material cost of virgin plastic. For instance, a decline in prices of oil and gas can result in a substantial decrease in the prices of virgin polymers. As a result, demand for recycled plastics decreases, since prices of virgin plastics are low. Thus, volatility in the prices of virgin plastics creates fluctuations in demand for recycled plastics.

     

    Most plastics are non-biodegradable and remain in the environment for decades. Therefore, various regulations have been imposed on the manufacture of plastics as well as their usage in different end-use industries in order to regulate the production of plastics and plastic waste. For instance, the usage of polycarbonate is prohibited in applications with food contact in the U.S. These regulations and environmental concerns are projected to negatively impact the electrical appliances films market. In turn, this is estimated to hamper the global electrical appliance coatings market.

     

    Asia Pacific is a leading region of the global electrical appliance coatings market. It is a global manufacturing hub. The prevalence of low-cost labor, lenient government regulations, inexpensive raw materials, and high demand for electrical appliances have rendered the countries in Asia Pacific such as China, Thailand, Malaysia, India, South Korea, and Indonesia attractive manufacturing destinations for several electrical appliance brands. This has contributed to the dominant share of Asia Pacific (53.5%) in terms of global demand for electronic appliance coatings.

     

    Europe also plays an important role in the global electronic appliance coatings market. Various electrical appliances such as small cooking products, food preparation appliances, and dishwashers are manufactured in Europe. Thus, the demand for electrical appliance coatings is high in the region. This is augmenting the electrical appliance coatings market in Europe.

    Related Searches
    • Special Purpose Coatings
    Related Knowledge Center
    • Special Purpose Coatings
    Suggested For You
    Iron Oxide Pigment Market to Reach $1,951.8 Million By 2025: Transparency Market Research Iron Oxide Pigment Market to Reach $1,951.8 Million By 2025: Transparency Market Research
    Michelman - World HQ Michelman - World HQ
    Coatings World Hosting Expert Panel: Conducting Business in 2020, a Year Like No Other Coatings World Hosting Expert Panel: Conducting Business in 2020, a Year Like No Other
    Jeff Takac Joins CIC Coatings as VP of Sales, North America Jeff Takac Joins CIC Coatings as VP of Sales, North America
    AkzoNobel Promotes Tami Swearingin to Global Segment Director of Aerospace Coatings AkzoNobel Promotes Tami Swearingin to Global Segment Director of Aerospace Coatings
    Inorganic Color Pigment Market to Reach $10.1 Billion by 2030: Transparency Market Research Inorganic Color Pigment Market to Reach $10.1 Billion by 2030: Transparency Market Research
    Aerospace Coatings: Collaborations, New Products Aim to Improve Efficiency, Durability Aerospace Coatings: Collaborations, New Products Aim to Improve Efficiency, Durability
    Rising Use of Disinfectants in Wake of COVID-19, Impact on Biocides Market Outlook Rising Use of Disinfectants in Wake of COVID-19, Impact on Biocides Market Outlook
    IFS Coatings Launches PureClad IFS Coatings Launches PureClad
    Wuhan Twin Tigers Coatings Co. Ltd. Wuhan Twin Tigers Coatings Co. Ltd.
    PPG CORAFLON Powder Coatings Reflect Industrial Heritage of 55 Hudson Yards PPG CORAFLON Powder Coatings Reflect Industrial Heritage of 55 Hudson Yards
    PPG INNOVEL Non-BPA Packaging Coatings Selected for China’s JDB Herbal Tea PPG INNOVEL Non-BPA Packaging Coatings Selected for China’s JDB Herbal Tea
    Prime Minister Told of Coatings, Printing Inks Industry’s Substantial, Growing Concerns Post-Brexit Prime Minister Told of Coatings, Printing Inks Industry’s Substantial, Growing Concerns Post-Brexit
    Automotive Coatings Market Worth $35.82 Billion By 2026: Polaris Market Research Automotive Coatings Market Worth $35.82 Billion By 2026: Polaris Market Research
    2020 Innovative Coatings Summit 2020 Innovative Coatings Summit

    Related Market Research

    • Market Reports  | Special Purpose Coatings
      Smart Coatings, Smart Surfaces Revenues to Hit $1.3 Billion by 2025: ntech Research

      Smart Coatings, Smart Surfaces Revenues to Hit $1.3 Billion by 2025: ntech Research

      ...
      ntech Research 08.27.20

    • Market Reports  | Special Purpose Coatings
      Thermal Insulation Coating Market Size Worth $13,189 Million by 2026: Polaris Market Research

      Thermal Insulation Coating Market Size Worth $13,189 Million by 2026: Polaris Market Research

      ...
      Polaris Market Research 05.25.20

    • Special Purpose Coatings
      Antimicrobial Coatings Market to Reach $6.3 Billion by 2026: Global Market Insights

      Antimicrobial Coatings Market to Reach $6.3 Billion by 2026: Global Market Insights

      ...
      Global Market Insights 04.16.20


    • Breaking News | Market Reports  | Special Purpose Coatings
      Intumescent Coatings Market to Reach $1.3 Billion by 2026: Global Market Insights

      Intumescent Coatings Market to Reach $1.3 Billion by 2026: Global Market Insights

      ...
      Global Market Insights 03.25.20

    • Market Reports  | Special Purpose Coatings
      Flame Retardant Coating Additives to Surpass $200 Million by 2020: Fact.MR

      Flame Retardant Coating Additives to Surpass $200 Million by 2020: Fact.MR

      ...
      03.19.20

    • Breaking News | Market Reports  | Special Purpose Coatings
      Traffic Road Marking Coating Market to Reach $6,781 Million By 2026: Polaris Market Research

      Traffic Road Marking Coating Market to Reach $6,781 Million By 2026: Polaris Market Research

      In 2017, the paint segment dominated the global market, in terms of revenue, per Polaris.
      03.16.20


    • Market Reports  | Special Purpose Coatings
      Cool Roof Coatings Market Worth $5.95 Billion By 2026: Polaris Market Research

      Cool Roof Coatings Market Worth $5.95 Billion By 2026: Polaris Market Research

      Forecasted to register a CAGR of 6.8%, per research.
      02.12.20

    • Breaking News | Market Reports  | Special Purpose Coatings
      Antimicrobial Coatings Market to Reach $7 Billion by 2024: Graphical Research

      Antimicrobial Coatings Market to Reach $7 Billion by 2024: Graphical Research

      ...
      10.21.19

    • Breaking News | Market Reports  | Special Purpose Coatings
      Anti-Graffiti Coatings Market to Witness a CAGR of 4% through 2029; Finds PMR Study

      Anti-Graffiti Coatings Market to Witness a CAGR of 4% through 2029; Finds PMR Study

      Manufacturers likely to witness steady growth in the U.S. and Europe.
      07.29.19


    • Breaking News | Market Reports  | Special Purpose Coatings
      U.S. Non-Commercial Acrylic Paints Market to Grow at 4.3% in 2019: FMI Study

      U.S. Non-Commercial Acrylic Paints Market to Grow at 4.3% in 2019: FMI Study

      ...
      04.12.19

    • Special Purpose Coatings

      Research and Markets Releases Top 10 Technologies in Materials & Coatings 2015

      ...
      05.18.15

    • Market Trends & Forecast | Special Purpose Coatings

      Global Nanocoatings Market Expected To Reach USD 8.17 Billion By 2020

      ...
      02.18.15


    • Architectural Coatings | Breaking News | Industrial Coatings | Market Trends & Forecast | Special Purpose Coatings

      Kusumgar, Nerlfi & Growney Announces Fifth U.S. Paint & Coatings Industry Study

      ...
      01.14.15

    • Powder Coatings | Special Purpose Coatings

      TMR Analyzes Global Construction Paints and Coatings Market

      ...
      03.31.14

    Trending
    • BASF Begins Implementing Ralignment Of Global Business Services Unit
    • AkzoNobel Attains Top Employer Status
    • Minwax Announces Vintage Blue As 2021 Color Of The Year
    • PPG Donates Coatings, Sealants To Help Restore Douglas C-54 Skymaster Aircraft
    • New Strategy Sets Hempel On Path To Leadership Positions
    Breaking News
    • Scott McLaughlin to Race in PPG Colors During Rookie INDYCAR Season
    • Vink Chemicals Offers parmetol PSG
    • Minwax Announces Vintage Blue as 2021 Color of the Year
    • Palmer Holland Expands Roles, Positions Of Business Teams
    • In Memoriam: CIN’s Honorary Chairman António Serrenho
    View Breaking News >
    CURRENT ISSUE

    January 2021

    • Additives Update
    • Pigment Supplier Directory
    • Interior Architectural Coatings
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    New Study on Sage Extract Formula Suggests Memory Enhancement
    Omega-3s Evidenced to Reduce Low-Grade Inflammation in Elderly Men
    MIND and Mediterranean Diets Linked to Later Onset of Parkinson’s Disease
    Coatings World

    Latest Breaking News From Coatings World

    Mississippi Lime Company Announces New Director of Safety
    IFS Coatings Launches IFS Puroplaz PE20 Texture
    Keyland Polymer UV Powder, LLC Launches UVMax Defender
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Kwivik Therapeutics, EirMed Partner to Accelerate Product Commercialization
    Europe Marks its First Successful Remote Robotic-Assisted Coronary Angioplasty
    Twist on Heart Valve Design Boosts Blood Flow, Prevents Clots
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Novartis Invests in Credence MedSystems
    Ajinomoto Bio-Pharma, Humanigen Expand Manufacturing Agreement
    Almac Expands Global Biologics Testing Services
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Coty to Shut Down Manufacturing Site in Cologne, Germany
    L’Occitane Files for Bankruptcy in U.S.
    Bésame Cosmetics Collaborates with Disney on Mary Poppins Collection
    Happi

    Latest Breaking News From Happi

    HI Beach Installs Reef-friendly Sunscreen Dispenser
    RB Partners with Airbnb
    L'Occitane US Files for Bankruptcy
    Ink World

    Latest Breaking News From Ink World

    Epson Partner Creates Label Applicators for Pharmaceutical Products
    Smurfit Kappa Sets New Sustainability Targets with Better Planet 2050
    Georgia-Pacific Acquires 3rd HP PageWide Corrugated Press to Expand Hummingbird Digital Printing
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Arjobex acquires MDV Group
    Fix-A-Form eyes global expansion
    McCracken Label installs Fujifilm water-wash plate system
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Nice-Pak Receives EPA Approval for Disinfecting Wipes
    Rockline to Invest $18 Million in Arkansas
    Essity’s Sales Negatively Impacted by Covid-19 Pandemic
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    ChoiceSpine's Tiger Shark Cervical Spacer Earns Additional 510(k)
    FDA Green Lights Inspired Spine's Trident SI Joint Screw System
    FDA Clears Method to Extract Bone Measurements From X-Rays
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    North American Semiconductor Equipment Industry Posts December 2020 Billings
    Midsummer Signs Cooperation Agreement in Spanish Market
    First Solar Signs Definitive Agreement to Sell US Development Platform to Leeward

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login