Global Automotive Exterior Topcoat Market Expected to Witness a Sustainable Growth over 2028

Automobile exterior paint refers to the paint painted on the auto exterior parts, auto exterior parts mainly include bumpers, rearview mirrors, lights, door handles, skylights and so on.

Global Automotive Exterior Coating key players include Akzo Nobel, BASF, PPG Industries, etc.

Global top 3 manufacturers hold a share over 50%.

Asia-Pacific is the largest market, with a share about 55%, followed by North America, and Europe, both have a share about 39 percent.

And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.Market Analysis and Insights: Global Automotive Exterior Coating Market In 2020, the global Automotive Exterior Coating market size was US$ 2147 million and it is expected to reach US$ 2968.4 million by the end of 2027, with a CAGR of 4.0% during 2021-2027.

Players, stakeholders, and other participants in the global Automotive Exterior Coating market will be able to gain the upper hand as they use the report as a powerful resource.

A satellite modem (also known as a sat modem) is used to establish data transfers with the use of communications satellite as a relay device.

A satellite modem is primarily used to transform an input bitstream to a radio signal and vice versa.In terms of end users, the market for military & defense is expected to grow at the highest rate during the forecast period.

In the military & defense industry, reliable, secure, and uninterrupted communication is crucial irrespective of the location and weather condition.

For this, satellite connectivity with the help of modems is the ideal solution.

Furthermore, satellite modems also help in providing secure communication by following the encryption technology, which would make modem perfectly suitable for military & defense purposes.Get Sample Copy of this Report @ https://dataintelo.com/request-sample/?reportId=7066The US is at the forefront of adopting and installing the satellite communication network for all these industries.

The satellite modem market in APAC is likely to grow at a high rate between 2018 and 2023.

Open IoT Platform Market SizeThe global open IoT platform market 2020, according to MRFR, is poised to reach roughly USD 5.96 billion by 2025, expanding at 15.5% CAGR over the review period (2019—2025).Market ScenarioOver the forecast era, the open IoT platform market is expected to show significant growth prospects in this rapidly evolving environment of technology.

Data security and privacy concerns are, however, the factor that hampers market growth over the forecast period.FREE PDF@ https://www.marketresearchfuture.com/sample_request/3896Segmental AnalysisThe global market for the open IoT platform was segmented into component, deployment, organizational size and vertical industry.The global open IoT platform market was segmented by component into hardware, software , and services.

The services segment was further classified as professional and managed services.The market was categorized by deployment into cloud (private, public, and hybrid) and on-premise.The global open IoT platform market was segmented into SMEs and large organizations by organization sizeBy vertical industry the market was divided into government, healthcare , education, manufacturing , retail, electricity & utilities, automotive, and IT & Telecom.Regional AnalysisThe global open IoT application market regional research is being studied for Asia-Pacific, Europe, Middle East & Africa, North America and South America.Thanks to the prevalence of early adopters of the new technologies in this area North America dominates the global open IoT platform segment.

The growth is also attributed to the involvement of a large number of existing core players such as Google, Inc., IBM Corporation, and Oracle Corporation leading this region's open IoT platform market.

The area also has a well-established infrastructure in addition to this, and is expected to be a key factor in the development of the open IoT platform sector.

Those are some of the aspects that are responsible for the growth of the region 's global open IoT platform market over the forecast period.Countries throughout Europe include Germany, France and Great Britain.

Styrene Market Outlook:Today, innovations are working in a direction to maintain a healthy environmental balance.

Expanded polystyrene (EPS) offers energy and resource-saving benefits thereby making it a sustainable choice for end-user industries as it helps in dealing with elevated levels of global warming.

Furthermore, demand from Asian countries such as India and South Korea is set to boost styrene market demand in the APAC region.

On the whole, with huge investments rising in APAC countries, a large number of manufacturing plants that are yet to come online will boost the styrene market growth in APAC during the forecast period.On the other hand, the geopolitical issues of the U.S are impacting the end-user industries of the styrene market in that country.Rising Demand from Packaging Segment Driving Styrene Market Growth –Packaging is the predominant application segment of the styrene market.

Exceptional moisture resistance, affordability, and compression resistance properties make styrene ideal for the food and beverages industry in the packaging of fresh fruits, vegetables, and seafood.

Thus, increasing applications in the transportation industry is boosting growth of the styrene-based composites market.Demand for Recycling Plastic Is Boosting Growth of Expandable Styrene Market –Expandable polystyrene, a derivative of styrene, is widely used for manufacturing plastics and can be recycled.