The global Automotive Coatings market was valued at USD 11.69 billion in 2016 and is projected to reach USD 21.13 billion by 2025, growing at a CAGR of 6.8% from 2017 to 2025.
Automotive coatings demand is directly proportional to the automotive sales. The growing sales in developing countries is providing industry participants new areas to expand. The demand is expected to be high in developing countries. The increase in car customization is expected to have a positive impact on market demand.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Rise in automotive manufacturing in Asia Pacific
1.2 Development of eco-friendly and low VOC coatings
2. Market Restraints
2.1 Stringent environment regulations
2.2 Changes in consumer demand
Market Segmentation:
The global Automotive Coatingsmarketis segmented on the basis ofresin type, technology, coat type,and region.
1. By Resin Type:
1.1 Acrylic
1.2 Epoxy
1.3 Polyurethane
1.4 Others
2. By Technology:
2.1 Water borne
2.2 Solvent borne
2.3 Powder Coating & Others
2.4 Other
3. By Coat Type:
3.1 Basecoat
3.2 Clearcoat
3.3 Primer
3.4 E-coat
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Jotun Paints
2. Axalta Coating System
3. BASF SE
4. The Valspar Corporation
5. Akzonobel NV
6. KCC Corporation
7. Kansai Paint Co.
8. The Sherwin Williams Company
9. PPG Industries Inc.
10. Nippon Paint Holdings Co. Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Automotive Coatingsmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL AUTOMOTIVE COATINGSMARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL AUTOMOTIVE COATINGSMARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL AUTOMOTIVE COATINGSMARKET, BY RESIN TYPE
5.1 Overview
5.2 Acrylic
5.3 Epoxy
5.4 Polyurethane
5.5 Others
6 GLOBAL AUTOMOTIVE COATINGSMARKET, BY TECHNOLOGY
6.1 Overview
6.2 Water borne
6.3 Solvent borne
6.4 Powder Coating & Others
6.5 Other
7 GLOBAL AUTOMOTIVE COATINGSMARKET, BY COAT TYPE
7.1 Overview
7.2 Basecoat
7.3 Clearcoat
7.4 Primer
7.5 E-coat
8 GLOBAL AUTOMOTIVE COATINGSMARKET, BY GEOGRAPHY
8.1 Overview
8.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 â€" 2025
9 GLOBAL AUTOMOTIVE COATINGSMARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Jotun Paints
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Axalta Coating System
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 BASF SE
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 The Valspar Corporation
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Akzonobel NV
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 KCC Corporation
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Kansai Paint Co.
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 The Sherwin Williams Company
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 PPG Industries Inc.
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Nippon Paint Holdings Co. Ltd.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
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