Automotive Coatings Market Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2025
Adroit Market Research launched a
study on, “Global Automotive Coatings Market Size 2017 by Product (E-coat,
Basecoat, Primer, and Clearcoat), by Application (Metal and Plastic), by
Technology (Waterborne, UV-Cured, Solventborne, and Powder Coating), by End-use
(Light Vehicle OEM, Commercial OEM, and Automotive Refinish), by Region and
Forecasts from 2018 to 2025”.
Request sample copy
of Automotive Coatings Market at: https://adroitmarketresearch.com/contacts/request-sample/802
The study covers the global
automotive coatings market size for a period between 2015 and 2025. The global
automotive coatings market report also includes qualitative insights of the
market movement. The global automotive coatings market share for different
segments including product, technology, application, and end-user has been
covered in the study. The automotive coatings market trends 2018 for different
regions and countries.
The global automotive coatings
market size is estimated to be worth USD 31.79 billion by 2025 driven by the
rising sales of automobiles coupled with growing advancements in automotive
coatings across the globe. The global automotive sector has been growing due to
the large scale urbanization resulting out of the rising standard of living of
the consumers. This has been a major contributing factor for the global
automotive coatings market development.
Read more details
of Global Automotive Coatings market report at: https://adroitmarketresearch.com/industry-reports/automotive-coatings-market
Automotive coatings help in
enhancing the durability of automobiles and protect them from hazardous
elements. The cost of specialized automotive coatings over the conventional
coatings or paints may be considered high but the advantages are innumerable.
The global automotive coatings market share is expected to be dominated by the
basecoat segment to reach a share of 38.1% in terms of volume by 2025. The
demand for basecoats is expected to increase as they provide additional
benefits such as desired color and exterior aesthetics to automobiles.
Furthermore, the escalating demand for environment-friendly implementation is
also expected to drive the global automotive coating market share.
Geographically, Asia Pacific was leading the global automotive coatings
market on account of increasing vehicle manufacturing in the rapidly emerging
economies. Fast-paced growth of GDP and the highly aspirational consumers in
this region have been the two main growth drivers for the booming automobile
market. For instance, in China, an emerging middle class is expected to drive
the steady growth of the Chinese auto market, with the markets for replacement
of vehicles and new purchases growing rapidly. The Asia Pacific is expected to
account for 58.8% of the global automotive coatings market revenue share by
2025.
In February 2018, BASF’s coating
division launched its new product lines in Europe for its Glasurit and R-M
refinish paint brands, which render automotive refinishing more sustainable.
These products were the first refinish products to be manufactured in
accordance with the certified biomass balance approach which contributes
towards reducing CO2 emissions.
BASF, Axalta, AkzoNobel, Valspar,
Nippon, and Sherwin-Williams are some of the major players in the global
automotive coatings market. The major players in the market have implemented
the strategy of introducing eco-friendly coatings which render the coating
process more effective. Such strategic additions are expected to propel the
market growth during the forecast period.
Key segments of the global automotive coatings market
Product Overview, 2015-2025 (Kilo Tons) (USD Million)
·
Primer
·
E-coat
·
Basecoat
·
Clearcoat
Technology Overview, 2015-2025 (Kilo Tons) (USD Million)
·
Water-borne
·
Solvent-borne
·
Powder Coating
·
UV-Cured
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
·
Metal
·
Plastic
End-use Overview, 2015-2025 (Kilo Tons) (USD Million)
·
Light Vehicle OEM
·
Commercial OEM
·
Automotive Refinish
Regional Overview, 2015-2025(Kilo Tons) (USD Million)
·
North America
·
US
·
Canada
·
Europe
·
UK
·
Ireland
·
Spain
·
Italy
·
France
·
Germany
·
Rest of Europe
·
Asia Pacific
·
South Korea
·
Japan
·
India
·
Australia
·
Rest of Asia Pacific
·
Latin America
·
Brazil
·
Mexico
·
Chile
·
Rest of Latin America
·
Middle East & Africa
·
GCC
·
South Africa
Some Points from TOC:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Automotive Coatings Overview, By Product
5. Automotive Coatings Overview, By Technology
6. Automotive Coatings Overview, By Application
7. Automotive Coatings Overview, By End-use
8. Automotive
Coatings Overview, By Region
9. Company
Profiles
About Us:
Adroit Market Research is an
India-based business analytics and consulting company incorporated in 2018. Our
target audience is a wide range of corporations, manufacturing companies,
product/technology development institutions and industry associations that
require understanding of a market’s size, key trends, participants and future
outlook of an industry. We intend to become our clients’ knowledge partner and
provide them with valuable market insights to help create opportunities that
increase their revenues. We follow a code– Explore, Learn and Transform. At our
core, we are curious people who love to identify and understand industry
patterns, create an insightful study around our findings and churn out
money-making roadmaps.
Contact Information:
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600,
Dallas,
TX 75204, U.S.A.
Phone No.: USA: +1 (214) 884-6068 / +91 9665341414
Comments
Post a Comment