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Automotive Paints Market with Covid-19 Pandemic Analysis, Growth Rate, New Trend Analysis Forecast To 2030

07-06-2022 09:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Analytics LLP

Automotive paint is referred to as a water-based formula, which is sprayed on automobiles surface with the assistance of a spray gun. These paints are consists of polyurethane-based enamel, which protects the surface of automobile from environmental damages, thus enhancing the aesthetics of the motor vehicles.

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Key Market Players

Akzo Nobel N.V
Axalta Coating Systems, LLC
The Sherwin-Williams
Kansai Paint Co., Ltd
Nippon Paint Holdings Co., Ltd

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Key Market Segments

Base coat
Clear coat




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Increase in production of automotive paints can cause pollution, owing to emission of VOCs. Majority of VOCs are emitted from spraying operation through the use of solvent-based paints, as air in spray booth is mixed with gaseous solvent compounds. In addition, prices of materials needed for the manufacturing of automotive paints are rising considerably, which in turn is restraining the growth of the automotive paints market. Thus, production of cost-effective & eco-friendly automotive paints is anticipated to provide lucrative growth opportunity for the players operating in the market.

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Key Benefits for Automotive Paints Market:

This study presents the analytical depiction of the global automotive paints market analysis along with the current trends and future estimations.

The overall opportunity is determined by understanding the profitable trends to gain a stronger foothold.

The report presents information related to the key drivers, restraints, and opportunities of the global market with a detailed impact analysis.

The current market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.

Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

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About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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