openPR Logo
Press release

Automotive Refinish Coatings Market Value Expected to Touch $11.3 Billion by 2021

10-03-2018 03:20 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Automotive Refinish Coatings Market

Automotive Refinish Coatings Market

Global Automotive Refinish Coatings Market would be worth $11.3 billion by 2021 and shall grow at a CAGR of 6.3% during 2015-2021, according to new research published by Allied Market Research.Solvent-borne refinish coating technology segment currently accounts for about half of the revenue; however, by 2020, water-borne refinish coating revenues would match-up to solvent-borne segment.

Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/75

Within different product categories, basecoat refinish coating segment would remain the largest market with about 33.0% revenue in 2014. Polyurethane would be the largest resin segment, both in terms of volume and revenue, in 2014. The key reason driving the growth of polyurethane segment is its characteristic as a foam that assists manufacturers to make automotive seating, which can be assembled, disassembled and recycled.

Key Findings of Automotive Refinish Coatings Market

• The Asia Pacific and North American regions collectively held about 62% of the overall automotive refinish Coatings market revenue in 2014

• The water-borne coating segment is expected to grow at the fastest rate

• In 2014, base coat and clear coat collectively accounted for more than half of the overall refinish Coatings market revenue.

Asia Pacific currently leads the global automotive refinish Coatings market. The key reason driving the growth of the Asia-Pacific market are increasing car parc, rising purchasing power and rise in number of road accidents. The Asia-Pacific would continue to lead the market during the forecast period due to rising demand of vehicle customization. LAMEA would be the fastest growing geographical region in the overall market.

The major players in the market are adopting acquisition as their key strategies. The report provides a comprehensive analysis of the key companies operating in the market such as Axalta Coating Systems, BASF SE, Kansai Paint Co. Ltd., Akzo Nobel N.V., PPG Industries, Inc., Nippon Paints, and Matrix System Automotive Finishes.

Send Enquiry on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/75

About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Refinish Coatings Market Value Expected to Touch $11.3 Billion by 2021 here

News-ID: 1277790 • Views:

More Releases from Allied Market Research

Analysis of Key Players in the Distribution System Market 2023-2032 | Travelport, Pegasus, SiteMinder, INFINI
Analysis of Key Players in the Distribution System Market 2023-2032 | Travelport …
According to a new report published by Allied Market Research, titled, "Distribution System Market," The distribution system market was valued at $7.5 billion in 2022, and is estimated to reach $15.4 billion by 2032, growing at a CAGR of 7.8% from 2023 to 2032. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/A09571 Reservation inventory is connected via a computer-based network called the Global Distribution System (GDS). In the tourism industry, GDS is widely employed particularly
Global IT Security as a Service Market Analysis: Trends, Opportunities, and Forecasts 2032
Global IT Security as a Service Market Analysis: Trends, Opportunities, and Fore …
A recent report released by Allied Market Research titled "Information Technology (IT) Security as a Service Market" revealed that the market for IT security as a service reached a value of $15.3 billion in 2022 and is projected to hit $49.7 billion by 2032, showing a steady growth rate of 12.8% from 2023 to 2032. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4380 IT Security as a Service involves the provision of cybersecurity solutions and
Consumer Cybersecurity Software Market Overview: Expected to Reach $20.2 Billion
Consumer Cybersecurity Software Market Overview: Expected to Reach $20.2 Billion
A recent report from Allied Market Research, titled "Consumer Cybersecurity Software Market," explores the landscape of cybersecurity for individuals. This market was valued at $7.8 billion in 2022 and is forecasted to reach $20.2 billion by 2032, with a growth rate of 10.1% from 2023 to 2032. Consumer cybersecurity involves safeguarding data, networks, devices, and electronic systems against malicious activities. It encompasses a wide array of tools, from business systems to
Bathtub Market Size to Grow US$ 8.9 Billion by 2027 at a CAGR of 4.3% From 2021-2027
Bathtub Market Size to Grow US$ 8.9 Billion by 2027 at a CAGR of 4.3% From 2021- …
According to a new report published by Allied Market Research, titled, "Bathtub Market by Type, Material, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021-2027". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. The bathtub market size was valued at $7.6 billion in 2019, and is estimated to

All 5 Releases


More Releases for Coating

Coating Equipment Market by Type (Powder coating equipment, Liquid coating equip …
The Coating Equipment Market research report incorporates the scope and objective of the study. Moreover, the report highlights key market segments and players covered. It also covers industry trends, focusing on market use cases and top market size by region, market trends, and global market size. Moreover, the Coating Equipment Market research report covers market growth rate and market share by region. Supply chain analysis, regional marketing analysis, opportunities, challenges,
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth. Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the
Automotive Paint & Coating Market: PPG Industries, BASF, Axalta Coating Systems
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Automotive Paint & Coating Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. This industry study presents the global Automotive Paint & Coating market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Paint & Coating production, revenue and market share by manufacturers, key regions and type; The consumption of Automotive Paint & Coating in
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth. Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth. Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the
Automotive Refinish Market Report 2018: Segmentation by Product (Waterbased Coat …
Global Automotive Refinish market research report provides company profile for Nipsea Group, Valspar Paint, KCC, Henkel, Nipponpaintholding, NOROO, Akzonobel, PPG Industries, Sherwin Williams, Basf Coatings and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.