Press release
Automotive Coatings Market Worth USD 18.2 Billion by 2022- Key Players Analysis, Trends and Forecast
The Global Automotive Coatings Market is expected to grow over the CAGR of more than 8% during the period 2016 to 2022.
Over the past few years, the global market has witnessed a phenomenal growth due to increasing demand of automotive coatings. This has bring out a higher growth rate of the global automotive coatings market at the end of forecasted period. As per the market analysis, different factors have driven the market for automotive coatings continuous increase in the number of vehicles, growing automotive as well as transportation industry, technological advancement and others.
Key Players:
The key players of automotive coatings market report include BASF SE, Bayer AG, DuPont, Solvay, Arkema, Nippon Paint Holdings, PPG Industries, Kansai Paint, AkzoNobel, Royal DSM and among others.
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Regional Analysis
“Asia-Pacific is Projected to be the Largest Market during the Forecast Period”
Geographically, Asia-Pacific is expected to be the largest market for automotive coatings accounting high Market share of the total market. This growth is majorly attributed to the growing population which in turn has increased the need of vehicles, increasing disposable income as well as urbanization, presence of global players, and emerging economies have been fueling the demand of APAC region. Europe and North America stands themselves on second and third position.
Scope of the Study:
The scope of the study categorizes the automotive coatings market as product type, technology and material.
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By Product Type:
• Primer
• Electrocoat
• Clearcoat
• Basecoat
By Technology:
• Waterborne Coatings
• Solventborne Coatings
By Material:
• Plastic
• Metallic
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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