In recent decades, the agricultural industry in Asia Pacific, particularly in China and India, has experienced substantial expansion. Because of technological improvements and the incorporation of IoT, the agricultural equipment market is seeing a growth in demand. Agricultural equipment had a market size of roughly USD 180 billion in 2020, and it is likely to grow even more as power supply infrastructure improves, particularly in developing nations like India, China, Brazil, and others. The market in this region is experiencing an increase in demand due to increased demand from the agriculture sector and government incentives for agricultural applications.
Agricultural equipment is alternately exposed to damp and dry conditions, reducing its resistance to corrosion and wear and tear. Coatings with good corrosion resistance and heat dissipation materials should be given to extend its useful lifespan. E-coats with established corrosion resistant qualities are ideal for this application. The need for e-coats in the agricultural equipment, parts, and accessories market is likely to rise in the future as sales of agricultural equipment, parts, and accessories rise.
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