Emergen Research has recently published a new report on the Global Automotive Coatings Market that offers key insights about the regional and global scope of the Automotive Coatings market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period.
The global automotive coatings market size is expected to reach USD 22.96 Billion in 2032 and register a steady revenue CAGR of 4.4% during the forecast period, according to latest analysis by Emergen Research. Rising usage of powder-based coatings in the automotive industry is the key factor driving market revenue growth. Powder coating is utilized in various automobile applications, including hubcaps, bumpers, wheels, cosmetic trim, door handles, truck beds, accent components, filters, radiators, and different engine elements. Powder-coated surfaces are more resistant to scratches, chipping, wear, and fading , which are utilized in automotive applications owing to their high abrasion and corrosion resistance.
In addition, rising demand for ceramic coatings is another factor driving revenue growth of the market. This coating is commonly used to guard against dirt, filth, scratches, and other markings that affect any hard surface of a car, including the outside paint, wheels, and calipers. There are various advantages of putting a ceramic coating on the interior or exterior of a vehicle as a ceramic coating can shield the paint from Ultraviolet (UV) radiation, which causes oxidation, peeling, and paint dulling. Moreover, this coating also guards against chemical stains or acidic impurities caused by bugs, smog, or other factors. A ceramic coating also makes cleaning a vehicle much easier. However, high-performance coatings are expensive is a key factor, which could restrain market revenue growth.
The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as The Sherwin-Williams Company, KCC PAINTS SDN BHD, Bayer AG, Beckers Group, Cabot Corporation, Berger Paints India Limited, Eastman Chemical Company, Valspar, CLARIANT, and Solvay;
Additional information offered by the report:
- Along with a complete overview of the global Automotive Coatings Market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Automotive Coatings Market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key Market contenders.
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Automotive Coatings Market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.
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You need to discover how this will impact the Automotive Coatings Market today, and over the next 10 years:
- Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – Now.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Automotive Coatings market expected to boost the growth of the industry in the coming years.
Automotive Coatings Market Segmentation:
-
Resin Type Outlook (Revenue, USD Billion; 2019–2032)
- Polyurethane
- Epoxy
- Acrylic
- Others
-
Technology Outlook (Revenue, USD Billion; 2019–2032)
- Solvent-based
- Water-based
- Powder-based
-
Coat Type Outlook (Revenue, USD Billion; 2019–2032)
- Clear coat
- Basecoat
- Primer
- E-coat
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Highlights of Table of Contents (TOC):
- Overview of Global Automotive Coatings Market
- Competitive analysis of the Automotive Coatings Market
- Regional analysis of Global Automotive Coatings Market production and revenue
- Regional analysis of Global Automotive Coatings Market supply, consumption, and export & import
- Type-based market analysis of global Automotive Coatings production, revenue, and price trends
- Application-based analysis of the global Automotive Coatings Market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Automotive Coatings Market
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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