Global Automotive Coatings Market Anticipated for Progressive Growth

An automotive coating is paint used on vehicles for both beautification and security purposes. Enamel paint is currently the most commonly used paint for factors including reducing paint's ecological impact. Current automobile coating is placed in a couple of layers, with a total thickness of around 100 µm (0.1mm). Covering application needs arrangement and preparatory steps to ensure effective application. A basecoat is applied after the groundwork paint is connected. Following this, a clearcoat of paint may be associated that structures a polished and transparent covering. The clearcoat layer must have the ability to withstand UV light. Powders coatings are a dissolvable free process for layering surfaces and don't transmit volatile organic compounds (VOC). Water spray jets with high pressure are coordinated to the body. Without appropriate pretreatment, untimely failure of the complete framework can practically be ensured. A phosphate coat is important to ensure the body against erosion impacts and readies the surface for the E-Coat.

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The global Automotive Coatings Market was worth USD 15.62 billion in the year of 2012 and is expected to reach approximately USD 31.39 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.48% during the forecast period. An automotive coating is paint utilized on vehicles for both security and beautification purposes.

Drivers and Restraints of the Automotive air filter market:

The worldwide automotive coatings market is anticipated to experience noteworthy improvement because of developing production of vehicles. The market is expected to witness significant advancement as these things improve the steadiness and appearance of cars and shield them from unforgiving normal conditions including absurd temperature, outside particles acid rain, and UV radiation. Expanding production of automobile in rising countries including South Africa, China, Brazil, India, Mexico and South Korea in view of surging populace and rising levels of wage is anticipated to supplement the market advancement. Moreover, rising necessity of automotive resurfaces because of vehicle repair and will boost the interest for paints and coatings over the forthcoming years. The key boosting factor for this market is expanding interest for powder coatings. Raw materials that are used for producing coatings include solvents, pigments, binders, and, additives. Fluctuating prices of titanium dioxide, which is the major raw materials, is anticipated to inhibit the growth.

Competitive and Regional Outlook:

On the basis of product the Automotive Coatings market is segmented into clearcoat, primer, basecoat and electrocoat. On the basis of technology the market is segmented into Powder Coating,UV-cured Coatings, Waterborne Coatings and Solventborne Coatings. On the basis of application the market is segmented into metal parts and plastic parts. On the basis of end user the market is segmented into Commercial Vehicle OEM,Light Vehicle OEM and Automotive Refinish. The major players in the market are Wilh Becker Holding Gmbh,Kansai Paint,Lord Corporation,BASF,Berger Paints,DSM, Cabot Corporation, Williams CompanyValspar Corporation and Bayer Cropscience Limited. The industry is extremely competitive in nature with key manufacturers engaged in constantresearch and development activities and product enhancement.Geographically, the market is segmented into Asia Pacific, North America, Europe and Rest of the world.

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Key Market Players:
• Wilh Becker Holding Gmbh
• Kansai Paint
• Lord Corporation
• BASF
• Berger Paints
• Cabot Corporation
• DSM
• Williams Company
• Bayer Cropscience Limited
• Valspar Corporation.

Table of content:

1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Automotive Coatings Market, By Product
4.1. Introduction
4.2. Automotive Coatings Market Assessment and Forecast, By Product, 2012-2022
4.3. Basecoat
4.4. Clearcoat
4.5. Primer
5. Automotive Coatings Market, By Technology
5.1. Introduction
5.2. Automotive Coatings Market Assessment and Forecast, By Technology, 2012-2022
5.3. Waterborne Coatings
5.4. Solventborne Coatings
5.5. UV-cured Coatings
6. Automotive Coatings Market, By Application
7. Automotive Coatings Market, By End User
8. Automotive Coatings Market, By Region
9. Company Profiles

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