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Automotive Paint Market is likely to register double digit CAGR during 2017-2022
Browse Report Overview @ https://www.persistencemarketresearch.com/market-research/automotive-paint-market.asp
Greater expansion of the global auto industry in countries such as China, Brazil and India coupled with growing production of cars is an additional factor that remains important in shaping the market dynamics going forward. Also, car manufacturers are increasingly adopting leading coating technologies such as thermal spray and powder coating owing to their high functionality and efficiency. In recent years, the focus has shifted towards introduction of greener paint and coating products as many of the international environmental organisations have been critical of automotive coatings and paints that emit harmful gas. Moreover, international bodies are promoting the use of product and setting guidelines on use of chemical coatings and paints in auto industry. Therefore, companies that manufacture automotive paints are trying to develop and formulate products that are non-toxic and environmentally viable.
Some of the top companies operating in the global market for automotive paint include, The Valspar Corporation, Axalta Coating Systems Ltd., Clariant AG, Kansai Paint Co.,Ltd, The Sherwin Williams Company, Akzo Nobel NV, BASF SE, DuPont Coatings & Color Technologies Group, and Nippon Paint Holdings Co Ltd.
Report Overview, with TOC @ https://www.persistencemarketresearch.com/market-research/automotive-paint-market/toc
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