Press release
Automotive Coatings Market Progress & Manufacturer Contribution Highlighted until 2027 | Key Players - Nippon Paint (USA), Benjamin Moore & Co., Behr Process Corp., Kansai Paint Co. Ltd., BASF Coatings, Axalta Coating Systems
According to research findings, the automotive coatings market has been predicted to record modest CAGR of over 4.0% during the period until 2027. Furthermore, the target market witnessed rising volume sales exceeding 3,500 tons in 2018, which indicates positive statistics during the forecast period. Some of the prime motivators for market growth include propensity towards refinish formulations and popularity of water-borne coatings.
Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=2442
Changing Trend from Metals to Plastic Impacting Automotive Coatings Developments
In search for lightweight material alternatives, various automakers have gradually shifted from metallic choices to high-strength plastics as well as carbon fiber reinforced polymers. There have been significant challenges coped by coating formulators and applicators considering vehicles manufactured as of multi-metal substrates. However, the innovation drive across the complete automotive coating process and supply chain is expected to inflate the market growth for automotive coatings in the following years.
Solvent-borne Coatings Sustain Heavy Demand Despite Worries
The demand for solvent borne automotive coatings is projected to surge at an impressive rate as compared to water-borne coatings. Despite growing environmental and health concerns linked to these variants, this coating type is gaining higher traction. Furthermore, relative preference for solvent-borne solutions is dependent on the factor that these automotive coatings preserve the bond between pigments liquid as well as binding agents. However, considerable efforts are being put in place to restrict emissions at the time of hardening.
Browse Full Report on Automotive Coatings Market with In-depth TOC- https://www.factmr.com/report/2442/automotive-coatings-market
Acrylics to Remain Ideal Resin for Automotive Coatings
Based on this Fact.MR report, acrylics would retain their spot as the top-selling resin across the automotive coatings market. The leading use of resins in passenger cars, trailed by fluoropolymers is considered as a major factor to define their preference. However, it has been witnessed that manufacturers are now shifting to incorporate amines and poly alkyds as suitable alternatives.
Competitive Overview
The final section of the study discourse crucial information targeting the competitive scenario prevailing across the global automotive coatings market. Readers can gather important specifics associated to demand & supply trends of automotive coatings active across the globe, merged with scrutinized assessment on different players functioning in the market. Details such as company overview, key financials, product overview and recent developments for every manufacturer is carefully compiled in this study. Some of the key players profiled in the assessment include Nippon Paint (USA), Behr Process Corp., Benjamin Moore & Co., Kansai Paint Co. Ltd., Axalta Coating Systems, BASF Coatings, RPM International Inc., Nippon Paint Holdings Co., AkzoNobel, PPG and The Sherwin-Williams Co.
Have Any Question? Ask Our Industry Experts- https://www.factmr.com/connectus/sample?flag=AE&rep_id=2442
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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 Coatings Market Progress & Manufacturer Contribution Highlighted until 2027 | Key Players - Nippon Paint (USA), Benjamin Moore & Co., Behr Process Corp., Kansai Paint Co. Ltd., BASF Coatings, Axalta Coating Systems here
News-ID: 1772715 • Views: …
More Releases from Fact.MR
Plasma Fractionation Market Projected to Reach US$ 65 Billion by 2032, With 7.3% …
The plasma fractionation market is projected to be valued US$ 32 billion in 2022. Moreover, growth is anticipated to pick up speed at a 7.3% CAGR over the assessment period of 2022-2032 and reach US$ 65 billion. The primary driver of the market's growth is the aging of the global population, which makes people more vulnerable to rare illnesses that call for the usage of blood derivatives.
Furthermore, it is anticipated…
Chemical Pulp Market Predicted to Garner US$ 19.5 Billion by 2033, At CAGR 7.4% …
According to the most recent data from market research and competitive intelligence provider Fact.MR, the global chemical pulp market is projected to grow at a compound annual growth rate (CAGR) of 7.4% between 2023 and 2033, reaching US$ 19.5 billion by the end of 2033.
Large tanks called digesters are used to combine chemicals and wood chips to create chemical pulp. Lignin, which helps hold cellulose fibers together without seriously harming…
Hemodialysis Market to Grow at 4.5% CAGR, Crossing US$ 149.92 Billion by 2033 | …
The hemodialysis market is expected to reach US$ 149.92 billion by 2033, from its estimated US$ 96.54 billion in 2023, according to a recent industry analysis by Fact.MR, a supplier of competitive intelligence and market research.
Dialysis is a process that removes waste products from the blood, like creatinine and urea, which are created when the kidneys don't work properly. For people with chronic renal disorders, dialysis is required. Hemodialysis is…
Agricultural Film Market is forecasted to reach US$ 21 billion with 5.9% CAGR by …
Fact.MR, a market research and competitive intelligence service, states that historically, the use of Agricultural Films grew at a 3.5% CAGR from 2016 to 2020, with the United States, China, India, and Japan holding a sizable portion of the global market. by 2021, the greenhouse film industry is expected to have grown to a valuation of over US$ 10 billion, largely due to price increases in agricultural films.
For More Insights…
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.…
