The global automotive paint and coating market is expected to grow from USD 21,576.33 million 2017 to USD 32,657.39 million by the end of 2024

16/mag/2019 16:49:49 Report Ocean Contatta l'autore

Global Automotive Paint & Coating Market 

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The global automotive paint & coating market is expected to grow from USD 21,576.33 million 2017 to USD 32,657.39 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 6.10%.

"Stringent regulations and environmental concerns for paint manufacturing is one of the factors largely attributing to the growth of automotive paint & coating market globally"

The factors attributing to the growth of the market are stringent regulations and environmental concerns for paint manufacturing, and increasing reach of players in the automotive refinish market. However, some factors such as and restriction in refinish due to safety considerations may hinder the market growth. The global automotive paint & coating market is expected to showcase the opportunities such as innovative paint and coating technologies, and attractive powder coating for premium and ultra-premium cars. In the near future, the market may face the possible challenges in the growth due to reducing paint wastage, and rapid change in consumer preferences. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global automotive paint & coating market market.

On the basis of painting equipment type, the global automotive paint & coating market is studied across Airless Spray Gun and Electrostatic Spray Gun.

On the basis of technology, the global automotive paint & coating market is studied across Powder Coating, Solvent-Borne, and Waterborne.

On the basis of type, the global automotive paint & coating market is studied across Basecoat, Clearcoat, Electrocoat, and Primer.

On the basis of vehicle type, the global automotive paint & coating market is studied across Buses, Light Commercial Vehicle, Passenger Car, Trucks, and Two-wheelers.

On the basis of geography, the global automotive paint & coating market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).

"3M A/S: The potential growing player for the global automotive paint & coating market"

The key players profiled in the global automotive paint & coating market are 3M A/S, Akzo Nobel N.V., Axalta Coating Systems Ltd., BASF SE, Clariant AG, Covestro AG, DuPont Coatings & Color Technologies Group, KCC Corporation, Kansai Paint Co., Ltd., Nippon Paint, PPG Industries, Sherwin-Williams Company, Solvay S.A., The DOW Chemical Company, and Valspar Corporation.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global automotive paint & coating market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global automotive paint & coating market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global automotive paint & coating market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global automotive paint & coating market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global automotive paint & coating market.

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