Press release
Automotive Coatings Market is Predicted to See Lucrative Gains Over 2021-2027 Covid-19 Analysis | PPG Industries, Nippon Paint
China is expected to foresee strong growth owing to its large automobile production base. China was the largest producer of automobiles and is likely to remain the leading manufacturer on account of economic labor in the country. Moreover, the relocation of manufacturing bases by companies such as Volkswagen, Audi, Honda, Nissan, Toyota, Hyundai, Skoda, and Fiat to China owing to the availability of affordable workforce is anticipated to drive the market demand.Europe is expected to witness steady growth over the upcoming years on account of increasing vehicle manufacturing in countries including Germany, Sweden, Italy, France, the UK, and the Czech Republic. In addition, growing population coupled with rising income levels is likely to stimulate the demand over the forecast period.
Automotive Paint & Coating is paint or coating used on vehicle bodies and other components. Generally, it refers to automotive OEM coating and automotive refinish coating. Asia Pacific was the largest market with 56.5% of the volume share in 2015 and the trend is expected to continue on account of increasing vehicle manufacturing in the region. The automotive sector of Asia Pacific is driven by rising sales and production in countries including China, Japan, India, South Korea, and Thailand.
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This Automotive Coatings market report covers latest events, trade restrictions, customs analysis, managing stakeholder, value chain efficiency, sales growth, the influence of local and international industry players, and prospects. Evolving revenue generation, regulatory changes, competitive industry growth studies, company size, categorization industry growths, industry specializations and supremacy, assessment of risk, marketing strategies, regional developments, and technological innovations in the market are all aspects considered in this Automotive Coatings market report along with COVID-19 analysis on each and every sectors. COVID-19 has a huge negative impact on every industry, owing to strict lockdown regulated by the government bodies, and the impact on this market is also mentioned.
Key global participants in the Automotive Coatings market include:
Deft, Inc.
KCC Paint
Beckers Group
Royal DSM
Valspar Corporation
Axalta Coating Systems
Lord Corporation
PPG Industries
Nippon Paint
Kansai Paint
Berger Paints
Arkema SA
Sherwin-Williams Company
AkzoNobel
Solvay S.A.
Clariant AG
Cabot Corporation
BASF
Eastman Chemical Company
Jotun A/S
Bayer AG
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Market Segments by Application:
Light Vehicle OEM
Commercial Vehicle OEM
Automotive Refinish
Clearcoat
Global Automotive Coatings market: Type segments
Primer
Electrocoat
Basecoat
Clearcoat
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Automotive Coatings Market
...
2 Market Trends and Competitive Landscape
3 Segmentation of Automotive Coatings Market by Types
4 Segmentation of Automotive Coatings Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Automotive Coatings Market in Major Countries
7 North America Automotive Coatings Landscape Analysis
8 Europe Automotive Coatings Landscape Analysis
9 Asia Pacific Automotive Coatings Landscape Analysis
10 Latin America, Middle East & Africa Automotive Coatings Landscape Analysis
11 Major Players Profile
...
The aim of this comprehensive Automotive Coatings market report is to provide information on market forecasts, channel features, end-user market, key pricing structure, and several regions. Apart from that, it also discusses key areas in the industry, key companies, their profiles, and investment options available in the sector. During the forecasting period of 2021-2027, the market is expected to expand significantly. It then moves on to a geographical study of major regions like North America, Latin America, Europe, the Middle East, and Africa. This Automotive Coatings Market Report covers a variety of topics, including market share, scale, participants, growth, and industry analysis.
Automotive Coatings Market Intended Audience:
- Automotive Coatings manufacturers
- Automotive Coatings traders, distributors, and suppliers
- Automotive Coatings industry associations
- Product managers, Automotive Coatings industry administrator, C-level executives of the industries
- Market Research and consulting firms
Readers who wish to gain knowledge and information from this report are helped as they get detailed information of this market environment. This comprises of terms like trading policies, entry barriers, and financial, regulatory, social and political concerns. The global Automotive Coatings market report has reported progressive growth rates from the last couple of years. According to this report the market is expected to rise vigorously and have a greater impact on the global economic structure with highest revenues.
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