Automotive Paint & Coating is paint or coating used on vehicle bodies and other components. Generally, it refers to automotive OEM coating and automotive refinish coating.
Asia Pacific was the largest market with 56.5% of the volume share in 2015 and the trend is expected to continue on account of increasing vehicle manufacturing in the region. The automotive sector of Asia Pacific is driven by rising sales and production in countries including China, Japan, India, South Korea, and Thailand.
China is expected to foresee strong growth owing to its large automobile production base. China was the largest producer of automobiles and is likely to remain the leading manufacturer on account of economic labor in the country. Moreover, the relocation of manufacturing bases by companies such as Volkswagen, Audi, Honda, Nissan, Toyota, Hyundai, Skoda, and Fiat to China owing to the availability of affordable workforce is anticipated to drive the market demand.
Europe is expected to witness steady growth over the upcoming years on account of increasing vehicle manufacturing in countries including Germany, Sweden, Italy, France, the UK, and the Czech Republic. In addition, growing population coupled with rising income levels is likely to stimulate the demand over the forecast period.
In 2019, the market size of Automotive Coatings is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive Coatings.
This report studies the global market size of Automotive Coatings, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automotive Coatings production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Axalta Coating Systems
BASF
PPG Industries
Nippon Paint
Kansai Paint
AkzoNobel
Sherwin-Williams Company
KCC Paint
Bayer AG
Arkema SA
Beckers Group
Cabot Corporation
Berger Paints
Eastman Chemical Company
Valspar Corporation
Clariant AG
Deft, Inc.
Jotun A/S
Royal DSM
Lord Corporation
Solvay S.A.
Market Segment by Product Type
Primer
Electrocoat
Basecoat
Clearcoat
Market Segment by Application
Light Vehicle OEM
Commercial Vehicle OEM
Automotive Refinish
Clearcoat
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Automotive Coatings status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Automotive Coatings manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automotive Coatings are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Automotive Coatings. Industry analysis & Market Report on Automotive Coatings is a syndicated market report, published as Global (United States, European Union and China) Automotive Coatings Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Automotive Coatings market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.