Global Automotive Paints and Coatings Market to Grow at a CAGR of 3.4% During the Forecast Period 2018-2025

This industry study presents the global Automotive Paints and Coatings market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Paints and Coatings production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Paints and Coatings in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Akzonobel, BASF, etc.

Automotive paints and coatings are used as a layer to protect the substrate from environmental damage while providing it with color and glossiness to increase the beauty of the substrate.

In terms of region, the global Automotive Paints and Coatings market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global market due to high vehicle production in the region.

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The market in Latin America is anticipated to expand at a substantial growth rate during the forecast period. GDP of countries in Latin America is expanding at a significant growth rate. Moreover, increase in the number of production plants for passenger and commercial vehicles due to high demand for these vehicles and presence of rapidly expanding economies such as Mexico and Brazil are anticipated to drive the market in the region. The light commercial vehicles sub-segment of the market in North America is expanding at substantial pace due to extensive usage of these vehicles to transport daily goods in the region.

Global Automotive Paints and Coatings market size will reach 26000 million US$ by 2025, from 20000 million US$ in 2017, at a CAGR of 3.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Automotive Paints and Coatings.

The following manufacturers are covered in this report:
Akzonobel
BASF
Axalta Coating Systems
Bayer
Cabot
Donglai Coating Technology
Eastman
Feidal Coatings
Nippon Paint Holdings
PPG Industries

Automotive Paints and Coatings Breakdown Data by Type
Solvent-Borne
Water-Borne
Others
Automotive Paints and Coatings Breakdown Data by Application
Passenger Vehicle
Commercial Vehicle

Automotive Paints and Coatings Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions

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Automotive Paints and Coatings Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Automotive Paints and Coatings status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Automotive Paints and Coatings manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Automotive Paints and Coatings :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Paints and Coatings market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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