Press release
Automotive Chassis Dynamometer Market: Exploring Growth Drivers, Key Players and Emerging Trends
Automotive Chassis Dynamometer Market
Revving up with powerful growth, the global automotive coatings market is projected to reach $34.23 billion in 2029, driven by emerging trends and the advent of electrified and autonomous vehicles.
What Is The Projected Market Size Of The Global Automotive Coatings Market And Its Growth Rate?
• Historical Market Size (2024): $21.85 billion
• Forecast Market Size (2025): $23.69 billion with a compound annual growth rate (CAGR) of 8.4%
• Forecast growth can be attributed to factors such as automotive industry growth, environmental regulations, consumer preferences, Original Equipment Manufacturer (OEM) and aftermarket demand, and globalization of automotive trade
• Projected Market Size (2029): $34.23 billion with a CAGR of 9.6%
• Growth in the forecasted period can be attributed to electrification of vehicles, rising autonomous vehicles, economic market growth, rising urbanization, and rising disposable income
What Is Driving The Growth In The Automotive Coatings Market?
The automotive coatings market is witnessing significant growth with the surge in demand for lightweight vehicles. The emphasis on emission norms and the need for fuel consumption reduction have led to an increased preference for lightweight vehicles, thus boosting the coatings market. These coatings not only provide a protective layer against corrosion but also contribute to weight reduction. The Federal Reserve Economic Data noted that sales of lightweight vehicles, including autos and light trucks, rose to 15.002 million units in January 2024, reflecting a year-over-year growth of around 11.7%.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=5843&type=smp
Who Are the Key Players Driving Automotive Coatings Market Growth?
• The Valspar Corporation
• Solvay SA
• Sherwin-Williams Company
• Pittsburgh Plate Glass Company
• Nippon Paint Automotive Coatings Co. Ltd.
• Korea Chemical Co. Ltd
• Kansai Paint Co. Ltd.
• Arkema SA
• Eastman Chemical Co.
• Clariant AG
• Berger Paints India Limited
• Becker Industrial Coatings LLC
• BASF SE, Axalta Coating Systems Ltd.
• Akzo Nobel N.V
• The Sherwin-Williams Company
• Bollig & Kemper GmbH & Co.KG
• HMG Paints Limited
• Jotun India Pvt. Ltd.
• Shanghai Kinlita Chemical Co. Ltd.
• Carpoly Chemical Group Co. Ltd
• Kangnam Jevesco Co. Ltd.
• Mankiewicz India Private Limited, Shawcor Ltd.
• Samhwa Paints Industries Co. Ltd.
• Nihon Toksuhu Toryo Co. Ltd.
• National Paint Factories Pvt. Ltd.
• Teknos Coatings And Paints Private Limited
• Corporate Identification Number, Kelly-Moore Paints
• Hempel AS, Deutsche Amphibolin-Werke von Robert Murjahn Stiftung & Co KG
• Tiger Coatings GmbH & Co.
What Are The Key Trends In The Automotive Coatings Market?
• Waterborne coatings
• Advanced color customization
• Self-healing coatings
• Antimicrobial coatings
• UV-cured coatings
What Are The Segments Of The Global Automotive Coatings Market?
• By Coat Type: Clearcoat, Basecoat, E-Coat, Primer
• By Resin Type: Polyurethane, Epoxy, Acrylic
• By Technology: Waterborne Coatings, Solventborne Coatings, Powder coatings, UV-Cured Coatings
• By Substrate: Metal, Plastics
• By End-Use: Light Vehicle OEM, Commercial OEM, Automotive Refinish
Which Region Leads The Automotive Coatings Market?
Asia-Pacific marked its dominance in the automotive coatings market in the year 2024 and is expected to be the pace-setter in the forecast period. The report elaborates on market insights for regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/automotive-coatings-global-market-report
What Is Covered In The Automotive Coatings Market Global Market Report?
- Market Size Analysis: Analyze the Automotive Coatings Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automotive Coatings Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automotive Coatings Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automotive Coatings Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customisation for This Report: https://www.thebusinessresearchcompany.com/Customise?id=5843&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Leveraging 1,500,000 datasets, in-depth secondary research, and unique insights from industry leaders, we provide the information you need to stay ahead. Our flagship product, the Global Market Model is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Chassis Dynamometer Market: Exploring Growth Drivers, Key Players and Emerging Trends here
News-ID: 3810922 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Coat
Car Clear Coat Market A Lucrative Finish: Opportunities and Challenges in the Ca …
Car Clear Coat Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Car Clear Coat Market Size, Share & Trends Analysis Report By Type (Solvent-Based, Water-Based), By Resin Type (Polyurethane, Acrylic, Urethane), By Substrate (Metal, Plastic, Composite), Region, Market Outlook And Industry Analysis 2031"
The global car clear coat market is estimated…
E-Coat Market Insights and Growth Opportunities in 2024: An Extensive Analysis D …
Electrocoating (E-coating) delivers a uniform coating renowned for its robust adhesion and superior corrosion protection. Its blend of effectiveness and cost efficiency positions E-coating as a favored painting or coating method across diverse industries. Particularly within the realm of automobile manufacturing, E-coating finds extensive application in commercial vehicles, as well as automotive parts and accessories, owing to its ability to provide reliable protection while maintaining affordability.
Get a free sample copy…
Automotive Paint and Coatings Market Forecast to 2028 Covid-19 Impact and Global …
Automotive paints and coatings are used to protect as well as f the parts and body of any vehicle. These paints and coatings are capable of producing durable surfaces, maximizing efficiency, exceeding customers' expectations of appearance, as well as meeting environmental regulations. Automotive paints and coatings have proven to improve the durability of a vehicle by protecting it from extreme temperature, foreign particles, UV radiation, and acid rain.
Sample PDF showcases…
Blue Coat to Acquire Crossbeam Systems
DUBAI, United Arab Emirates, December 19, 2012 – Blue Coat Systems, Inc., a market leader in Web security and optimization, today announced that it has entered into an agreement to acquire Crossbeam Systems, Inc., a proven leader in delivering scalable network security. The acquisition brings together two market leaders that deliver complementary technologies to scale and secure the world’s largest and most complex networks. By acquiring Crossbeam, Blue…
Fresh Coat of Laguna Niguel
Dana Point, CA – August 29, 2011 – Fresh Coat of Laguna Niguel today announced the launch of www.freshcoatlagunaniguel.com as an information portal for Laguna Niguel area home owners and businesses to find information about painting projects. With articles being added almost every day and an online monthly newsletter of painting tips, the website is anticipated to quickly become California’s primary resource for residential and commercial painting projects.
Future plans…
Fresh Coat Painting Franchise
Fresh Coat Painters has launched a new website designed to assist those interested in buying a franchise business.
“This site compliments our original site,” said Ralph Martin, co-founder of Fresh Coat. “Our original site focused on assisting those who were seeking painting services.
“With so many people interested in starting their own businesses and exploring different opportunities, we decided to make information about Fresh Coat ownership readily available in one place.”
The…
