Press release
What's driving the Refinished Paint Market Growth 2025 ? Prominent Players Akzo Nobel N.V., Donglai, Noroo Paint & Coatings Co., Ltd, Nippon Paint Holdings Co., Ltd, BASF SE, 3M, Axalta Coating Systems
Refinish Paint Market
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Key Points: Global Refinish Paint Market
Akzo Nobel N.V., Donglai., Novol SP. Z o.o., Noroo Paint & Coatings Co., Ltd. (subsidiary of noroo holdings co., ltd.), the Lubrizol Corporation, Nippon Paint Holdings Co., Ltd. , KCC Corporation., Mipa SE, Cresta Paint Industries LTD. , The Sherwin-Williams Company, Alpscoating., Guangzhou Zhenroumei Chemical Coating Limited, KAPCI Coatings, PPG Industries, Inc. , BASF SE, 3M, Axalta Coating Systems, LLC, Kansai Paint CO.,LTD among others.
Growing demand for automobiles, rising demand for recreational vehicle (RV), and surge in repair and maintenance activates are the key driving factors in the refinished paints market. Although, volatility in raw material prices and upgraded safety features on advanced vehicles could hamper the growth of the global refinished paints market.
Market Segmentation: Global Refinish Paint Market
o The global refinished paints market is segmented on resin type, component, type, deployment model, application and organization size, vertical and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
o The global refinished paints market is segmented based on resin type into four notable segments as polyurethane resin, epoxy resin, acrylic resin and others. In 2018, polyurethane resin market is likely to dominate market with 51.4% market shares and is estimated to reach USD 5,037.83 million by 2025. It is growing at the highest CAGR of 4.7% in the forecast period.
o The global refinished paints market is segmented based on vehicle type into four notable segments passenger car, buses, LCV and trucks. In 2018, passenger car market is likely to dominate market with 69.5% shares and is estimated to reach USD 6,686.82 million by 2025. It is growing at a CAGR of 4.4% in the forecast period.
o The global refinished paints market is segmented based on technology into three notable segments; solvent borne coating, waterborne coating and powder coating. In 2018, solvent borne coating market is likely to dominate market with 48.5% shares and is estimated to reach USD 4,404.83 million by 2025. It is growing at a CAGR of 3.6% in the forecast period.
o The global refinished paints market is segmented based on layer into four notable segments; primer, basecoat, clear coat and sealer. In 2018, primer market is likely to dominate market with 38.7% shares and is estimated to reach USD 3,486.49 million by 2025. It is growing at a CAGR of 3.5% in the forecast period.
o Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.
Key Drivers: Global Refinish Paint Market
The major factors contributing to the growing demand for automobiles, rising demand for recreational vehicle (RV), and surge in repair and maintenance activates are the key driving factors in the refinished paints market.
What ideas and concepts are covered in the report?
- The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
- Data regarding the Refinish Paint Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Refinish Paint Industry market:
- The Refinish Paint Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.
Some of the Major Highlights of TOC covers:
Refinish Paint Industry Regional Market Analysis
- Refinish Paint Industry Production by Regions
- Global Refinish Paint Industry Production by Regions
- Global Refinish Paint Industry Revenue by Regions
- Refinish Paint Industry Consumption by Regions
Refinish Paint Industry Segment Market Analysis (by Type)
- Global Refinish Paint Industry Production by Type
- Global Refinish Paint Industry Revenue by Type
- Refinish Paint Industry Price by Type
Refinish Paint Industry Segment Market Analysis (by Application)
- Global Refinish Paint Industry Consumption by Application
- Global Refinish Paint Industry Consumption Market Share by Application (2014-2019)
Refinish Paint Industry Major Manufacturers Analysis
- Refinish Paint Industry Production Sites and Area Served
- Product Introduction, Application and Specification
- Refinish Paint Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
- Main Business and Markets Served
Get Access To TOC Covering 200+ Topics at https://www.databridgemarketresearch.com/toc/?dbmr=global-refinish-paint-market
At the Last, Refinish Paint industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.
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