Press release
Automotive Coatings Industry Trends and key Insights by 2020
Automotive coatings enhance the appearance and durability of a vehicle and also protect it from extreme temperature, UV radiation, foreign particles, and acid rain. Increasing consumer preference is a key factor driving the global automotive coatings market, which is anticipated to witness healthy growth over the forecast period.
The research report studies the overall automotive coatings market by segmenting it on the basis of several parameters such as coat type, texture, technology, vehicle type, and geography. By texture, the automotive coatings market is bifurcated into solid and metallic. By coat type, the market is divided into primer, clearcoat, electrocoat, and basecoat. By technology, the automotive coatings market is segmented into waterborne, solvent-borne, and powder coating. By region, the automotive coatings automotive coatings market is fragmented into Europe, Asia Pacific, North America, and Rest of the World.
Get PDF Brochure for more Professional and Technical insights :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3568
The report offers a comprehensive, well-researched, unbiased, and accurate overview of the global automotive coatings market, along with focus on key aspects such as structure, components, growth drivers and restraints, market attractiveness, strengths and weaknesses, value and industry chain, scope, and dynamics.
Overview of the Automotive Coatings Market
The global automotive coatings market is projected to develop at a healthy growth rate during the forecast period owing to increased competition among players, growing demand for vehicles, supportive government policies, development of transportation infrastructure, and rapid economic growth. Ongoing product development and rising research and development investments are likely to boost the demand for automotive coatings in the coming years. However, volatile nature of raw material prices and harmful environmental impact of conventional solvent-borne coatings threaten to limit the growth of the automotive coatings market.
Solvent-borne is the leading technology segment within the automotive coatings market but is projected to lose market share in the next few years owing to environmental hazards. Basecoat makes up for the largest coat-type segment and is likely to witness significant development by the end of the forecast period.
Asia Pacific accounts for the largest share of the automotive coatings market owing to large demand and production of automobiles, rising number of joint ventures among key players, and favorable political and economic scenario. Even though Europe is presently the second-largest automotive coatings market in the world, North America is predicted to surpass it in the coming years owing to a significant boost in the production of vehicles. While the major challenge that Europe and North America face is economic slowdown, both the regions are anticipated to benefit from stringent environmental regulations that drive the demand for powder coatings and waterborne coatings.
Companies Mentioned in the Report
There are several players competing in the global automotive coatings market: BASF SE, PPG Industries Inc., Kansai Paint Co., Ltd., Bayer AG, Solvay SA, Akzonobel N.V., Axalta Coatings System LLC, Arkema SA, Nippon Paint Holdings Co., Ltd., and Valspar Corporation. The research report identifies the leading players and profiles them based on aspects such as company and financial overview, product portfolio, recent developments, business strategies, and SWOT analysis.
Global Automotive Coatings Market, by Texture
Solid
Metallic
Global Automotive Coatings Market, by Technology
Waterborne
Solvent-borne
Powder Coating
Global Automotive Coatings Market, by Coat Type
Primer
Electrocoat
Basecoat
Clearcoat
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
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 Coatings Industry Trends and key Insights by 2020 here
News-ID: 427481 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
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…
