Press release
Automotive Paint Market Explores New Growth Opportunities By 2020
To view complete report @ http://www.persistencemarketresearch.com/market-research/automotive-paint-market.asp
Traditional coating treatment technique, such as air dry varnish, are replaced with new cost-effective techniques such as air gun and high volume low pressure (HVLP) guns. In recent years, the focus of automobile industries is shifted towards spray technologies with minimal wastage, environment friendly coatings such as low Volatile Organic Compounds (VOC), waterborne paints, zero VOC powder coating and futuristic UV coating. Such techniques help in significantly reducing number of coating layers required.
Automotive paint are used widely both for the vehicle interior and exterior and for almost every material used in automobile such as lightweight steel, plastic, aluminum, metal alloys, fiber and other new materials.
Various products under automotive paints include pre-treatment chemicals, intermediate coats, clear coats and touch-up paints, electro-deposition primers and solid and metallic top coats. Based on the technology of putting automotive paint, the various coating techniques include electro-coats, primers, powder coatings, base coats and clear coats.
A sample of this report is available upon request @ www.persistencemarketresearch.com/samples/2840
Asia Pacific is the largest market for automotive paint attributed to recent development in automotive OEM market in China, India and Japan. According to Organisation Internationale des Constructeurs d’Automobiles (OICA), 3,138,988 units of passenger cars and 741,950 units of commercial vehicle were manufactured by India and 18,085,213 units of passenger cars and 4,031,612 unit commercial vehicles were manufactured in China in the year 2013. Europe is the second largest market for automotive paint. Germany, Italy and France are leading vehicle producing countries in Europe. Europe is followed North America, where the U.S. accounts for the largest market.
Rising middle class, improve living standards, changing buyers preferences, growing economy and increasing demand of luxurious vehicle are some of the dominant drivers for automotive paint in Asia Pacific region. Whereas the governmental norms against volatile organic compound (VOC) automotive paint in Europe and North America is expected to boost the Low VOCs automotive paint market in these regions.
To view TOC of this report is available upon request @ www.persistencemarketresearch.com/toc/2840
Some of the major players operating in the automotive paint market include AkzoNobel NV, Arkema SA, Axalta Coating Systems LLC, BASF SE, Bayer AG, Beckers Group, Berger Paints India Limited, Cabot Corporation, Clariant International Ltd., Deft Incorporated, Eastman Chemical Company, Jotun, KCC Corporation, Kansai Paint Co Ltd, Lord Corporation, NIPPONPAINT Co., Ltd, PPG Asian Paints Private Limited, PPG Industries Inc, Koninklijke DSM N.V, Sherwin-Williams Company, Solvay Group of Companies and Valspar Corporation
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Paint Market Explores New Growth Opportunities By 2020 here
News-ID: 641754 • Views: …
More Releases from Persistence Market Research
Automotive Parts Aftermarket Outlook 2023-2033: Key Players Like Bosch, Denso, M …
The Automotive Parts Aftermarket has become a critical component of the global automotive ecosystem. According to Persistence Market Research, the market size reached US$ 548.5 billion in 2022 and is projected to expand to US$ 576.5 billion in 2023. With the replacement parts segment expected to achieve a total value of US$ 984.7 billion by 2033, the market is set to grow at a CAGR of 5.5% from 2023 to…
Centrifugal Pumps Market Set to Reach US$ 55.7 Billion by 2032, Insights from Pe …
The global centrifugal pumps market is poised for significant expansion, with the market projected to grow from US$ 41.2 billion in 2025 to reach US$ 55.7 billion by 2032, reflecting a CAGR of 4.4%. The growth is primarily fueled by increasing demand for efficient water management solutions across agriculture, industrial manufacturing, and municipal services. Centrifugal pumps play a crucial role in ensuring seamless fluid transfer, reducing energy consumption, and maintaining…
CAR T-cell Therapy Market to Touch US$24 Billion by 2032, Reports Persistence Ma …
The global CAR T-cell therapy market is experiencing transformative growth, projected to expand from an estimated US$5.8 billion in 2025 to US$24 billion by 2032, reflecting a compound annual growth rate (CAGR) of 25% during the forecast period from 2025 to 2032. This growth trajectory is being driven by a confluence of factors, including rising cancer prevalence, especially hematologic malignancies, and continuous advancements in gene-editing technologies and immunotherapy. As these…
Hydraulic Fluid Connector Market Technological Innovations, Efficiency Drivers, …
Hydraulic fluid connectors are used only in fluid power and piping systems for efficient operation in industrial fluid networks. A hydraulic fluid connector is deployed in these systems to increase the total machine performance irrespective of applications. Hydraulic fluid connectors are used to enhance uptime in the remote applications such as oil and gas drilling, pipeline installation and mining.
Innovations in the offering of tearout-proof technology for hydraulic…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
