In-Mold Coatings Market Booming, Growth in CAGR, Industry Challenges, Future Analysis

In-mold Coating or IMC is a complete solution for high value-added technology, economic and ecological technology that gives a combined method of surface improvement of automotive, agriculture machineries, marine, and others. An in-mold coating is a technique which is sprayed or painted into the mold prior to the surface. This coating provides decoration, product branding, color, UV protection, as well as scuff protection of the fibers.

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Global Top Key Players:

Key players of the Global In-Mold Coatings Market are BOMIX (Germany), OMNOVA Solutions Inc. (US), AKZONOBEL POWDER COATINGS (Netherlands), Stahl Holdings B.V. (Netherlands), Red Spot Paint & Varnish Company, Inc (US), Performix by Plasti Dip International (US), The Sherwin-Williams Company (US), FreiLacke (Germany), ISL-CHEMIE (Germany), FGN Fujikura Kasei Global Network. (UK), and others.

This is also known as paint in the mold fabrication or PITM. The main reason to use in-mold coatings is to save finishing labor because it is used with spray technique which eliminates the labor cost. Furthermore, in-mold coatings have excellent lotion resistance as compared to the post-paint coatings due in part to the spray elastomer itself being more chemically resistant and having a better chemical bonding as well as adhesive strength at the surface. In-mold coating processes, are available in several techniques such as water based IMC, solvent based IMC, powder, UV, others. Among all, water based IMC, is highly utilize in automotive interiors using polyurethane which required thin and non-reactive coatings.

Intended Audience:

In-Mold Coatings manufacturers
Traders and distributors of In-Mold Coatings
Production process industries
Potential investors
Raw material suppliers
Nationalized laboratory
Europe accounted for the third largest share in the global in-mold coatings market in 2016. On the other hand, Latin America, Middle East & Africa is another growing market for In-mold coatings and likely to show better growth rate over the forecast period.

Study Objectives:

To provide detailed analysis of the market structure along with forecast for the next seven years of various segments and sub-segments of the Global In-Mold Coatings Market.
To understand the supply and demand dynamics including supply and consumption concentration mapping
To provide region level market analysis and future outlook for regions like North America, Europe, Asia, and Latin America, Middle East & Africa, and their countries
To provide competitor positioning of the market
To provide company profiling of major players in the market along with their production and capacity
To provide regional trade analysis
To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.
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Segmentation:

The Global In-Mold Coatings Market is segmented on the basis of technology, coating system, application, and region. On the basis of technology the market is segmented into water based IMC, solvent based IMC, powder, UV, others. On the basis of Coating system the market is bifurcated into 1k and 2k. On the other hand, based on application, the market is segmented into automotive, agriculture, marine, transportation, and others. Based on region, this market is segmented into APAC, North America, Europe, Latin America, and Middle East & Africa.

Regional Analysis:

Geographically, Asia Pacific accounts for the largest market share in in-mold coatings market growth. Increasing cost of living and rising population have raised the automotive industry and hence in-mold coating in this region. North America holds the second position for in-mold coatings market and is another lucrative market in terms of value and volume after Asia Pacific. UK, Canada, and United Mexican States led the demand for in-mold coatings in this region. Europe accounted for the third largest share in the global in-mold coatings market in 2016. On the other hand, Latin America, Middle East & Africa is another growing market for In-mold coatings and likely to show better growth rate over the forecast period.

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