Press release
Automotive Paints & Coatings Market is Valued at 8957 Million $ in 2017 and will reach 14493.01 Million $ by 2025 - Akzonobel NV, BASF SE, Axalta Coating Systems, Bayer, Cabot, Eastman, Feidal Coatings, Nippon Paint, PPG
Automotive Paints & Coatings Market
Global Automotive Paints & Coatings Market Overview:
The report spread across 200 pages is an overview of the Global Automotive Paints & Coatings Market Report 2018. The Global Automotive Paints & Coatings 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.
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The Global Automotive Paints & Coatings Market to reach USD 14493.01 Million by 2025. Global Automotive Paints & Coatings Market valued approximately USD 8957 Million in 2017 is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2018-2025.
The major driving factor of automotive paints & coatings is constant improvement in their property and functionality. The proven ability of paints and coatings to increase the durability, presentation, and performance of end-products is the primary driver of the market for the same. Moreover, growing requirement of automotive refinish owing to vehicle maintenance and repair will stimulate the demand for paints & coatings over the upcoming years. The major restraining factors of the automotive paints & coatings are difficulty in sourcing the raw material and volatile prices of raw material.
The automotive paint is paint used on automobiles for both protection and decoration purposes. The major opportunity in the automotive paints and coatings is rapid adoption of advanced powder coating and thermal spray technologies. Automotive paint and coating includes various benefits such as excellent durability and duration, measurable thickness, hardness, ease of maintenance, resistance to contamination, hydrophobic properties and intense gloss and shine.
Geographically, Asia-Pacific is the leading/significant region across the world in terms of market share which is 56.5% in 2015. The automotive sector of Asia Pacific is driven by rising sales and production in countries including China, Japan, India, South Korea, and Thailand. China was the largest producer of automobiles and is likely to remain the leading manufacturer on account of economic labor in the country. Europe is witness steady growth over the upcoming years on account of increasing vehicle manufacturing in countries including Germany, Sweden, Italy, France and the UK. Asia Pacific region is anticipated to exhibit higher CAGR over the forecast period 2018-2025.
Purchase this report online with 200 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Automotive Paints & Coatings Market Report 2018” @ https://www.businessindustryreports.com/buy-now/114621/single .
Major Key Players:
1 Akzonobel N.V.
2 BASF SE
3 Axalta Coating Systems
4 Bayer
5 Cabot Corp
6 Donglai Coating Technology
7 Eastman
8 Feidal coatings
9 Nippon Paint Holdings Co. Ltd
10 PPG Industries, Inc and More...........
Market segment by Regions/Countries, this report covers
1 North America Country (United States, Canada)
2 Latin America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Rest of the World
Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/114621 .
What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2025?
3 What are the technologies & innovation trends, how will they evolve by 2025?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive Paints & Coatings Market.
Major Points in Table of Contents:
Global Automotive Paints & Coatings Market Report 2018
1 Executive Summary
2 Automotive Paints & Coatings Market Definition and Scope
3 Automotive Paints & Coatings Market Dynamics
4 Automotive Paints & Coatings Industry Analysis
5 Automotive Paints & Coatings Market, by Coat Type
6 Automotive Paints & Coatings Market, by Technology
7 Automotive Paints & Coatings Market, by Regional Analysis
8 Competitive Intelligence
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