Press release
Electric Vehicle Coatings Market: Explosive Growth
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Additionally, authors of the report have provided the competitive scenario by emphasizing on the prominent strategic activities such as mergers and acquisitions, product development, collaboration, business expansion, and portfolio expansion taking place in Electric Vehicle Coatings business. This research report as a whole acts like a key tool for the vendors to obtain clear understanding of the present and future development scenario of the Electric Vehicle Coatings industry.
In order to broaden the overall understanding of the global Electric Vehicle Coatings industry, the report has segregated the global Electric Vehicle Coatings business into varied segments comprising product type, application, and end user. This examination has been carried out based on parameters like size, CAGR, share, production, and consumption. Also, region-wise assessment, wherein lucrative prospects that a region or country is likely to offer has been explored.
Electric vehicle coating products involve single- and dual-component plastic paints, acrylic amino paints, UV-curable coatings, water-based coatings, etc.; excellent color and luster, strong adaptability to coating construction, and are widely used in the electric vehicle market.
Global Electric Vehicle Coatings market is projected to reach US$ 1032.8 million in 2029, increasing from US$ 670.8 million in 2022, with the CAGR of 6.4% during the period of 2023 to 2029. Demand from Passenger Car and Commercial Vehicle are the major drivers for the industry.
North America, Europe and Asia Pacific are the key regions for Electric Vehicle Coatings industry. Among those areas, stimulated by rigid demand from downstream industries, Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2029.
Globally, Electric Vehicle Coatings key manufacturers include PPG Industries, BASF, Axalta, Nippon Paint, AkzoNobel, Sherwin Williams, Kansai Paint, KCC Corporation and Xiangjiang Kansai Paint, etc. PPG Industries, BASF, Axalta are top 3 players and held % sales share in total in 2022.
Electric Vehicle Coatings can be divided into Body Paint, Interior Paint, Exterior Paint and Refinish Paint, etc. Body Paint is the mainstream product in the market, accounting for % sales share globally in 2022.
Electric Vehicle Coatings is widely used in various fields, such as Passenger Car and Commercial Vehicle, etc. Passenger Car provides greatest supports to the Electric Vehicle Coatings industry development. In 2022, global % sales of Electric Vehicle Coatings went into Passenger Car filed.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Electric Vehicle Coatings market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report:
By Company
PPG Industries
BASF
Axalta
Nippon Paint
AkzoNobel
Sherwin Williams
Kansai Paint
KCC Corporation
Xiangjiang Kansai Paint
YATU
Kinlita
Peter Lacke
Segment by Type
Body Paint
Interior Paint
Exterior Paint
Refinish Paint
Segment by Application
Passenger Car
Commercial Vehicle
Segment by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Electric Vehicle Coatings market further:
Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers' commercial date of Electric Vehicle Coatings, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Electric Vehicle Coatings industry.
Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Electric Vehicle Coatings in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers' Outline, covering company's basic information like headquarter, contact information, major business, Electric Vehicle Coatings introduction, etc. Electric Vehicle Coatings Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch's Conclusions of Electric Vehicle Coatings market based on comprehensive survey.
Chapter 14: Methodology and Data Sources adopted by QYResearch.
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QYResearch is a leading global market research and consulting company established in 2007. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.
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