global automotive coatings market

The global automotive coatings market is expected to expand at a healthy rate of 6.28% CAGR between 2018 to 2026, elucidates an upcoming report by automotive coatings market.The global automotive coatings market is likely to grow at a healthy rate in the upcoming years.

The rising disposable income is paving way for the customer to look for attractive colors and they do not mind paying to improve aesthetic.

Request A Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=3568Manufacturing Industries to Propel Growth in Automotive Coatings MarketThe substantial demand for paint coatings comes from automotive manufacturing units.

If Toyota alone sold such a huge numbers of vehicles, all other brands if taken in to account may indicate enormous amount of vehicles sales.

Ever Increasing demand for vehicles is projected to pave the way for growth in the global automotive coatings market.Additionally, paints are applied in many coatings such as base coat, first coat, primer coat, etc.

This may lead to increasing sales of coatings in automobile manufacturing, thus, aiding in the growth of the global automotive coatings market in the upcoming years.These paints are applied after the primer coating; it is the base coat that adds to attractiveness of the vehicles.

The automotive coatings market continues to witness significant transformation ranging from new material developments in the vehicle production to higher popularity of traditional colors compared to “more colorful” alternatives.

Refinish formulations continue to gain center stage in the automotive coatings market, while water-borne coatings are gaining increased focus for basecoats.Water borne automotive coatings have gained utter prominence over the years of evolution, primarily driven by environmental and health concerns of the solvent-borne automotive coatings.

However, demand for waterborne coatings as primer surface layer is likely to witness decline in tandem with increasing palpability of UV cure automotive coatings.

In this automotive coatings market study, the following years are considered to predict the market footprint:History Year: 2013 - 2017Base Year: 2013Estimated Year: 2027Forecast Year: 2018 – 2027The business intelligence study of the automotive coatings market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units).

Each segment of the automotive coatings market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:North America (U.S., Canada)Latin America (Brazil, Mexico)Europe (U.K., Germany)APEJ (China, India)Want to know more about the report or any specific requirement: https://www.factmr.com/connectus/sample?flag=AE_id=2442The key players in the global automotive coatings market report consist ofPPGAkzoNobelThe Sherwin-Williams Co.RPM International Inc.Nippon Paint Holdings Co.Axalta Coating SystemsBASF CoatingsKansai Paint Co. Ltd.Behr Process Corp.Benjamin Moore & Co.Nippon Paint (USA)Each market player encompassed in the automotive coatings market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R projects, and business tactics.

In addition, the automotive coatings market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.On the basis of resin type, the global automotive coatings market report covers the footprint, and consumption of the segments includingAcrylicsFluoropolymersUrethanesEpoxyPoly AlkydsAminesThe global automotive coatings market covers the demand trends of coat type which includesTop CoatPrimerBasecoatClear coatAcrylics to Remain Preferred Resin for Automotive CoatingsFact.MR study opines that acrylics will remain the top-selling resin in the automotive coatings market, as these resins witness predominant use in passenger cars, trailed by fluoropolymers.

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”.The study covers the global automotive coatings market size for a period between 2015 and 2025.

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.Automotive coatings help in enhancing the durability of automobiles and protect them from hazardous elements.

Furthermore, the escalating demand for environment-friendly implementation is also expected to drive the global automotive coating market share.Read more details of Global Automotive Coatings market report at: https://adroitmarketresearch.com/industry-reports/automotive-coatings-marketGeographically, 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.

Growing demand of automobile across global is offering great opportunity for auto coating industry.

Innovation in green technology such as making the products eco-friendly will help the industry to grow significantly as it will abide government regulations.Water borne and powder borne coatings popularity is increasing as it has longer durability, in line with government regulations during production, and is cost effective than conventional solvent borne coatings.

These emits hazardous chemical and harms environment.

Also the prices of raw material are fluctuating hence it is emerging as a major challenge for the industry as the profit margins are reducing.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/automotive-coatings-market/request-sampleThe automotive coatings industry is segmented majorly into two categories which includes aftermarket or refinish and Original Equipment Manufacturing (OEM).

On the basic of product segmentation, the global automotive coatings market can be divided into four categories namely primer coats, electro-coats, clear-coats, and basecoats.

In the competitive market scenario, companies are adopting various business model to exploit the market opportunities and gain competitive edge.

The ‘Global Automotive Coatings Market Report’ is a comprehensive and in-depth study on the size, share, growth, trends, demand and estimation with a focus on the latest development.

The report provides key statistics on the market status with highlights on various important strategic such as mergers, acquisitions, partnership and other development.The broad automotive coatings market has been sub-grouped into product, technology, application, and end-use.

The report studies these subsets with respect to the geographical segmentation.

The strategists can gain a detailed insight and devise appropriate strategies to target specific market.

This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Automotive Coatings Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/automotive-coatings-market/download-sampleBy ProductPrimerElectrocoatBasecoatClearcoatBy TechnologyWaterborneSolventbornePowderUV-curedBy ApplicationMetal PartsPlastic PartsBy End-UseLight Vehicle OEMCommercial Vehicle OEMAutomotive RefinishThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.

The key players in the automotive coatings market includes AkzoNobel, Axalta Coating Systems, BASF, Bayer AG, Kansai Paint, KCC Paint, Nippon Paint, PPG Industries, Sherwin-Williams Company, Valspar Corporation, and others.

A new investigative report titled Global Automotive Coatings Market has been added by Reports and Data to its ever-expanding database that provides market estimations and market analysis for the forecast period of 2021-2028.

The global Automotive Coatings Market is forecast to reach USD 29.14 Billion by 2027, according to a new report by Reports and Data.

The extensive report on the Automotive Coating market offers key trends, emerging drivers, along with market characteristics, size and growth, segmentation, regional bifurcation, and competitive landscape to offer a deeper insight into the Automotive Coatings market and its key features.

The latest information in the report delivers updated market scenario and industry trends.Get a sample of the report @ https://reportsanddata.com/sample-enquiry-form/3316The report offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them to gain a robust footing in the global industry.

It also discusses in detail the recent mergers and acquisitions, partnerships, collaborations, and product launches among others.Some of the key players studied in the report are: Axalta Coatings Systems, BASF SE, AkzoNobel NV, PPG Industries, Sherwin-Williams, Eastman Chemical Company, Cabot Corporation, Lord Corporation, Valspar Corp, and Berger Paints, among others.Request a discount on the report @ https://reportsanddata.com/discount-enquiry-form/3316The market is further segmented on the basis of product types offered in the market and the application spectrum.

On the basis of types, the segmentation covers: Product Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)Primer, Electrocoat, Basecoat, ClearcoatTechnology Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)Waterborne Coatings, Solventborne Coatings, Powder Coatings, UV-cured CoatingsApplication Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)Metal Parts and Plastic PartsThe report is further segmented into key geographical regions along with their countries to impart a better understanding of the market.

The new report on the Automotive Coatings market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2013 – 2017.

The automotive coatings market has been envisaged to record a moderate CAGR of over 4.0% through 2027.

The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Automotive Coatings market.

2013 is considered as the base year and 2027 as the estimation year.After reading the Automotive Coatings market report, readers get insight into:Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the Automotive Coatings marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potentialRequest to View Sample of Report @ https://www.factmr.com/connectus/sample?flag=S_id=2442The Automotive Coatings market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.

Key regions covered comprise:North AmericaLatin AmericaEuropeEast AsiaSouth Asia & OceaniaMiddle East & AfricaThe evaluation of the competitive landscape in the Automotive Coatings market covers the profile of the following top players: The Sherwin-Williams Co.RPM International Inc.Nippon Paint Holdings Co.Axalta Coating SystemsTo expand the understanding of opportunities in the global Automotive Coatings market report looks at close quarters into the opportunities and new avenues in following key segments: AcrylicsFluoropolymersUrethanesEpoxyIn addition to understanding the demand patterns of various end users, the report on the Automotive Coatings market also enumerates trends expected to attract investments by other various associated industries.On the basis of technology types, the Automotive Coatings market report offers insight into major adoption trends for the following segments:Water BourneSolvent BourneUV CureThe global Automotive Coatings market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period.

In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

ReportCrux Market Research has published a new report titled Automotive Coatings Market by Technology (Waterborne, Solvent borne, UV – Cured); by Resin (Polyurethane, Acrylic, Epoxy); by Product (Primer, Basecoat, Electrocoat, Clearcoat); by End Use (Commercial OEM, Light vehicle OEM, Automotive Refinish) and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027.Automotive Coatings Market SizeAutomotive Coatings Market is estimated to grow from USD 17.82 Billion in 2019 to reach USD 27.64 Billion by 2027, at a CAGR of 5.7% during the forecast period from 2020-2027Market OverviewRising demand for economical coating solutions along with changing consumer perceptions on low maintenance vehicles is expected to boost the market demand for automotive coatings market.

They provide long lasting solutions, are economical and are easy to apply.

They help in enhancing the metallic colors as it improves the aesthetic appeal as well as the shine of the of the vehicles, thus boosting the overall market revenue.Key Player’s Analysis:The report provides key player analysis along with company revenue shares in order to give a broader overview of the market players in the Automotive Coatings market.

Major players in market are: BASF SE, Axalta Coating Systems, PPG Industries, Inc., Kansai Paint Co., Ltd, Nippon Paint Holdings Co., Ltd., The Valspar Corporation, KCC Corporation, Sherwin-Williams, AkzoNobel, Jotun A/S, Bayer AG, KCC Corporation, Arkema SA, Becker Industrial Coatings Ltd., Berger Paints India Limited, Cabot Corporation, Clariant, Eastman Chemical Company, DSM, Solvay S.A., OthersSegmentation AnalysisBy TechnologyWaterborne technology to show lucrative growth during the forecast period of 2020 to 2027Based on Technology, the market is segmented into Waterborne, Solvent borne and UV – Cured technologies.

Also, the gradual shift to the non-toxic solutions coupled with the rising adoption of various sustainable products in the paint shops is expected to boost the market for Waterborne technology segment.By ResinPolyurethane Resin segment dominated the global automotive coating market in 2019Based on Resin, the market is segmented into Polyurethane, Acrylic, Epoxy and Others.

Greater flexibility along with high impact, corrosion and heat resistance makes this resin the most suitable for its use in the basecoat as well as in the clearcoat, thus making this segment the most dominant in the market.By ProductClearcoat segment by product acquired the maximum share of global automotive coating market in 2019Based on the Product, the market is segmented into Primer, Basecoat, Electrocoat and Clearcoat.

Fact.MR’s study offer an accurate forecast on the automotive coatings market for the period between 2018 and 2027.

The automotive coatings market has been envisaged to record a moderate CAGR of over 4.0% through 2027.

The automotive coatings market is expected to witness an increase in volume sales of over 3,500 tons in 2018 over 2017, according to a recent Fact.MR study.

Refinish formulations continue to gain center stage in the automotive coatings market, while water-borne coatings are gaining increased focus for basecoats.The key players in the global automotive coatings market report consist ofThe Sherwin-Williams Co.RPM International Inc.Nippon Paint Holdings Co.Axalta Coating SystemsEach market player encompassed in the automotive coatings market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R projects, and business tactics.

UV cure variants, albeit accounting for minor share of the market currently, have emerged as fast-selling automotive coatings and the status quo is likely to prevail in 2018 and beyond.

Preference for solvent borne automotive coatings is primarily undergird by their relative superiority in retention of pigments liquid and binding agents.Acrylics to Remain Preferred Resin for Automotive CoatingsFact.MR study opines that acrylics will remain the top-selling resin in the automotive coatings market, as these resins witness predominant use in passenger cars, trailed by fluoropolymers.

Growing demand of automobile across global is offering great opportunity for auto coating industry.

Innovation in green technology such as making the products eco-friendly will help the industry to grow significantly as it will abide government regulations.

Also the prices of raw material are fluctuating hence it is emerging as a major challenge for the industry as the profit margins are reducing.

The automotive coatings industry is segmented majorly into two categories which includes aftermarket or refinish and Original Equipment Manufacturing (OEM).

On the basic of product segmentation, the global automotive coatings market can be divided into four categories namely primer coats, electro-coats, clear-coats, and basecoats.

Solvay SA has worked on improving in durability, appearance, and developed new type of finish Basecoat.

Recently published a report entitled Automotive Coatings Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.

Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad automotive coatings market has been sub-grouped into product, technology, application, and end-use.

The report studies these subsets with respect to the geographical segmentation.

The strategists can gain a detailed insight and devise appropriate strategies to target specific market.

This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Automotive Coatings Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/automotive-coatings-market/download-sampleBy ProductPrimerElectrocoatBasecoatClearcoatBy TechnologyWaterborneSolventbornePowderUV-curedBy ApplicationMetal PartsPlastic PartsBy End-UseLight Vehicle OEMCommercial Vehicle OEMAutomotive RefinishThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.

The key players in the automotive coatings market includes AkzoNobel, Axalta Coating Systems, BASF, Bayer AG, Kansai Paint, KCC Paint, Nippon Paint, PPG Industries, Sherwin-Williams Company, Valspar Corporation, and others.