Automotive Paints Market is Booming Worldwide | PPG, Axalta, BASF

AMA Research recently released a research document on Global Automotive Paints Market that includes survey highlights, in-depth interview insights with industry experts, and a review of industry dynamics with the help of our global network of consultants and executives within the OEMs & aftermarket. These market estimates have been evaluated considering the base year as 2023 and by studying the impact of various macro-economic factors, and local and regional regulatory regimes to better understand current market dynamics affecting the Automotive Paints growth and other bottom-up approach is applied to deliver comprehensive company profiles of major and emerging players of the industry, including PPG (United States), Axalta (United States), Nippon Paint Co. Ltd. (Japan), BASF (Germany), DOW Chemical (United States), Arkema SA (France), Solvay (Belgium), 3M (United States), AkzoNobel (Netherlands), Sherwin Williams (United States).

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Scope of the Report of Automotive Paints
Automotive paints are used for vehicles for protection from UV rays, corrosion and oxidation and decoration purpose. Different types of automotive paints are E-coat, primer, basecoat and clear coat. It is made from pigments, binders and thinners. Availability of numerous varieties of color is boosting the automotive paints market. Additionally, automotive paint market is showcasing huge demand for specific coatings including powder coating and water borne coating. Further, automotive paints manufacturers are tilted towards minimum waste spray technology, low volatile organic compound paints which is projected to strengthen the automotive paint market.

The titled segments and sub-section of the market are illuminated below:
by Type (E-coat, Primer, Basecoat, Clear coat), Application (Light Vehicle OEM, Commercial Vehicle OEM, Passenger Car, Others), Technology (Solvent-borne, Waterborne, Powder Coating), Resin (Polyurethane (PU), Epoxy, Acrylic, Others), Texture (Solid, Metallic, Matte, Pearlescent, Solar Reflective)

Market Drivers:
Rising Production of Vehicles
High Adoption of Durable Automotive Paints
Increasing Reach of Organized Players in the Refinish Market to Drive The Automotive Refinish Market
Market Trends:
Government Initiation for Eco-Friendly Paints
Rapid Adoption of Advanced Powder Coating and Thermal Spray Technologies

Opportunities:
High Demand for Innovative Paint Technologies
Fueling Demand Powder Coating for Premium Cars

Key Developments in the Market:
On 7th January 2019, PPG, the global leader in paints and coating has acquired automotive coatings manufacturer Hemmelrath.
On 19th January 2018, Nippon Paint, Asia's leading paint manufacturer has launched Nippon Paint X'press, its unique car painting and car care center concept in India. The first Nippon Paint X'press flagship center that will deliver world-class body & paint repair as well as car care services while cutting process times extremely was inaugurated in Gurugram. and On 9th November 2018, Nippon Paint, one of the leaders in the automotive paints market has launched a polarized paint, Maziora that changes color depending on the angle from which it is viewed or from where the light highlights it. This paint is properly used to re-paint vehicles or as a high-design paint for new vehicles as well as designer racing cars.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Automotive Paints Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Paints market
Chapter 2: Exclusive Summary - the basic information of the Automotive Paints Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Paints
Chapter 4: Presenting the Automotive Paints Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Automotive Paints market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Automotive Paints Market is a valuable source of guidance for individuals and companies.

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