Automotive OEM Coatings Market Research Report 2021

A number of factors such as the rising technological advancements and innovations and expanding automotive industry in the developing countries will drive the automotive original equipment manufacturer (OEM) coatings market at a CAGR of 4.2% during the forecast period (2019–2024).

The market was valued at $10,997.4 million in 2018 and it is projected to reach $13,661.4 million revenue by 2024.

In recent years, the surging preference for powder coatings over liquid coatings has become a prominent market trend, due to the lower content of volatile organic compounds (VOCs) in the former.One of the key growth drivers of the automotive OEM coatings market is the increasing technological advancements being made in automotive OEM coatings in the Asia-Pacific (APAC) region.

Automobile manufacturers are opting for coatings with greater functionality, low maintenance cost, and reduced emissions.

The end users are looking out for advanced coatings to comply with the stringent government regulations.Moreover, the flourishing automobile industry in countries such as Indonesia, India, and Thailand will also contribute to the market growth in the coming years.

The mounting sales of four-wheeler and two-wheeler vehicles in these countries, primarily on account of the escalating purchasing power and improving road connectivity and infrastructure, are driving the demand for these coatings in these Southeast Asian nations.

It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the automotive oem key market include Altuna Group, Chiavit (Tornado Group), Continental AG, Credit Card Keys, dormakaba Holding, Garin System Co. Ltd, Hangzhou Zhengdian Technology Co., Ltd., Heights Security, Inc., LOCKMASTERS INCORPORATED, and Mitsubishi Electric Corporation.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Automotive OEM Key Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/automotive-oem-key-market/download-sampleMarket DynamicsThe global automotive OEM key market will grow with rising vehicle sales.

Spurring vehicle electrification and automation and new vehicle validity regulations are projected to grow the automotive OEM key demand.

The market is witnessing many developments and innovations to make mobility safer, secure, and more physically efficient.

Key players are making technological innovations, such as the introduction of remote keyless entry systems.

The new research report titled "Automotive Coatings Market Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.

The report highlights the significant players, including market size, share, and demand, development.

This report further covers the latest trends, technological advancements, and growth opportunities.The 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.

An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Automotive Coatings Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/automotive-coatings-market/download-sampleMarket DynamicsThe market of automotive coatings is gaining substantial growth on the account of the increasing production of vehicles and rising demand of automotive refinish for improving appearance and durability of the automobiles.

Also, rising production of hybrid and electric vehicles coupled with the advancement in the coating technology is further anticipated to foster the market growth.

The latest report published on Up Market Research, on Automotive OEM Telematics Market Analysis offers comprehensive analysis, delivering detailed market data and penetrating insights.

The Global Automotive OEM Telematics Market is projected to grow at a healthy growth rate from 2018 to 2025 according to new research.

The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.

It also presents insights into various restraints that pose threat and highlights opportunities that will help the market pick pace in the forthcoming years.

The report compiles exhaustive information obtained via proven research methodologies and from trusted sources from within the industries.

It also includes expert opinions to provide readers a clearer perspective regarding the global market.