Pre & Post COVID-19 Market Estimates-Global Refinish Paint Market 2020 || Major Players are Akzo Nobel N.V., Donglai., Novol SP. Z o.o., Noroo Paint & Coatings Co., Ltd.

Absolute insight into the industry while generating this report, talent solutions, practical solutions, and the use of technology is very well combined to advance user experience. By adopting market research reports like this Global Refinish Paint Market report, which seems to be very important in this rapidly changing marketplace, businesses can achieve effective business growth. The market share of the world's leading competitors is studied where major regions such as Europe, North America, Asia Pacific, and South America are addressed in this Refinish Paint market report. These are primarily covered as the main topics of this Refinish Paint report by market definition, market segmentation, competitive analysis, and research methodology. It explains in detail market drivers and market restraints that help businesses guess about reducing or increasing specific product production. The topic of market segmentation is an application, vertical, deployment model, end-user, and geography-based research and analysis. In addition, competitive analysis helps gain insight into the market's key player strategies through this Refinish Paint report.

Global Refinished Paints Market is expected to reach USD 9,477.85 Million by 2025 from USD 6,900.00 Million in 2017, at a CAGR of 4.2% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Global Refinished Paints Market, By Resin Type (Polyurethane Resin, Epoxy Resin, Acrylic Resin), Technology (Solventborne Coating, Waterborne Coating, Powder Coating), Vehicle Type (Passenger Car, Buses, LCV, Trucks), Layer (Primer, Basecoat, Clear coat, Sealer) Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)- Industry Trends and Forecast to 2025

Key Points: North America Refinished Paints Market

Axalta Coating Systems, LLC is going to dominate North America refinished paints market followed by 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.

Polyurethane resin is expected to dominate the North America refinished paints market with the highest CAGR of 5% in 2018.
Passenger Car is driving the market with highest market share of 68.5% in 2018.

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 North America refinished paints market.

Market Segmentation: North America Refinished Paints Market

The North America refinished paints market is segmented based on resin type into four notable segments as polyurethane resin, epoxy resin, acrylic resin and others. In 2017, polyurethane resin market is likely to dominate market with 50.3% market shares and is estimated to reach USD 1,152.62 million by 2025. It is growing at the highest CAGR of 4.5% in the forecast period.
The North America 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 50.5% market shares and is estimated to reach USD 1,152.62 million by 2025. It is growing at the highest CAGR of 4.5% in the forecast period.
The North America 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 68.5% shares and is estimated to reach USD 1,531.11 million by 2025. It is growing at a CAGR of 4.2% in the forecast period.
The North America 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 48.0% shares and is estimated to reach USD 1,011.62 million by 2025. It is growing at a CAGR of 3.3% in the forecast period.
The North America 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 37.9% shares and is estimated to reach USD 792.33 million by 2025. It is growing at a CAGR of 3.2% in the forecast period.
The North America refinished paints market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

Key Drivers: North America Refinished Paints Market

The major factors contributing to the growth of the market includes 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.

Major Market Drivers:

High demand for vehicle usage

Market Restraint:

Flexibility in raw material prices
Improved safety features on advanced vehicles

Table of Content

1 Industry Overview
1.1 Refinish Paint Industry
1.1.1 Overview
1.1.2 Development of Refinish Paint
1.2 Market Segment
1.3 Cost Analysis
2 Industry Environment
3 Refinish Paint Market by Type
4 Major Companies List
5 Market Competition
6 Market Demand
7 Region Operation
8 Marketing & Price
9 Research Conclusion

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Market Segmentation:

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.
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.
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.
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.
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.
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:

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.

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