In this Automotive Coatings market report, industry trends have been explained on the macro level which makes it possible to summarize the market landscape and probable future issues. The report analyses and estimates general market drivers in the form of consumer demand, government policy and demand which are related to consumer buying pattern and thereby market growth and development. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. Automotive Coatings report is also useful when launching a new product or expanding the business regionally or globally.
Data Bridge Market Research analyses that the automotive coatings market was valued at USD 16.24 billion in 2021 and will reach USD 28.26 billion by the year 2029, at a CAGR of 7.17% during the forecast period of 2022 to 2029.
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Market Overview:
Automotive coatings offer substantial beneficial properties for the surface of an object such as enhanced gloss, better clarity, excellent finish, along with considerable durability and weather ability. Additionally, these protective coatings also offer significant resistance to abrasion, impact, and chemicals. The clear coat segment accounted for the largest share, in terms of volume, of the overall automotive coating market
Some of the major players operating in the automotive coatings market are BASF SE (Germany), Axalta Coating Systems (U.S.), PPG Industries, Inc. (U.S.), Kansai Paint Co., Ltd (Japan), Nippon Paint Holdings Co., Ltd. (Japan), The Valspar Corporation (U.S.), KCC Corporation (South Korea), Sherwin-Williams (U.S.), AkzoNobel (Netherlands), and Jotun A/S (Norway) among others.
Global Automotive Coatings Market Scope
The automotive coatings market is segmented on the basis of technology type, product type, application, end-use and resin. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology type
- Water-borne
- Solvent-borne
- Powder coating
- UV-cured
- Others
On the basis of technology type, automotive coatings market is segmented into water-borne, solvent-borne, powder coating, UV-cured and others.
Product type
- Electrocoat
- Primer
- Learcoat
- Basecoat
Based on product type, automotive coatings market is segmented into electrocoat, primer, clearcoat and basecoat.
Application
- Plastic
- Metal
Based on application, automotive coatings market is segmented into plastic and metal.
End-User
- Commercial OEM
- Automotive refinish
- Light vehicle OEM
On the basis of end-use, automotive coatings market is segmented into commercial OEM, automotive refinish and light vehicle OEM.
Resin
- Epoxy
- Polyurethane
- Acrylic
- Others
On the basis of resin, automotive coatings market is segmented into epoxy, polyurethane, acrylic and others.
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Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Automotive Coatings Market
Chapter 3: Regional analysis of the Global Automotive Coatings Market industry
Chapter 4: Global Automotive Coatings Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-automotive-coatings-market
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