Press release
COVID Impact On Global Automotive Coatings Market 2020-2025
Waterborne type is the most commonly implemented technology for the automotive coating. The waterborne technology gives out less odour, easier blending and accurate mixing making it the leader in this segment.
In US due to strict guidelines from National Emission Standards for Hazardous Air Pollutants (NESHAP) the powder and waterborne technologies have witnessed a rise in demand due to their reasonable low emission of VOCs.
China’s Ministry of Environment and Ecology (MEE) has launched 3-year plan to reduce the VOC emissions by 10% by the end of 2020.
Passenger cars accounted for largest revenue as they acquire the higher market share compared to other segments of vehicles. Light commercial vehicles acquire the next biggest share.
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PPG Industries from US has completed acquisition of German based manufacturer of auto coatings Hemmelrath expanding its presence in Europe.
AkzoNobel has partnered with BMW to supply its refinish products and services to 44 countries across the world.
Nippon Paint is planning to reach the target of 20% aftermarket share in India by the year 2024.
Czech automaker Skoda has opened its most advanced paint shop in Mlada Boleslav in Czech Republic.
Axalta has partnered for 5 years with Jaipur based Bharat Skill Development University to provide hands-on training in automotive coating in body shops.
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COMPANY PROFILE
BASF SE Germany
PPG US
Akzo Nobel Netherlands
Nippon Paint Automotive Coatings Co Ltd Japan
KCC South Korea
Kansai Paint Japan
Axalta US
Sherwin Williams US
Clariant AG Switzerland
THIS AUTOMOTIVE COATINGS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
1. Automotive Coatings Market size and Forecast, by region, by application
2. Average B-2-B price for Automotive Coatings Market, by region, per user
3. Technology trends and related opportunity for new Automotive Coatings Market tech suppliers
4. Market share of leading vendors, by region,
5. Coronavirus impact on Automotive Coatings Market earnings
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Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: sales@mobilityforesights.com
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
The consistently changing business sector progression in mobility space has put considerably more accentuation on looking at advertise knowledge before your peers. An important market insight, when learned at opportune time, could be the distinction between a decent and a terrible business choice.
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