Automotive Coatings Market 2019 Research Report Analysis by Share, Scope, Trends, Industry Size, Sales, Revenue, Growth, Business Opportunities, Demand with Competitive Landscape & Forecast 2025
The global automotive coatings market has been expected to exhibit the growth with a CAGR of 5.1% over the forecast period to reach an overall market size of around US$ 31.79 billion by the end of forecast period, rising from US$ 21.28 billion in the historical year. Automotive coating augments the appearance as well as sturdiness of automotive & defending from the severe environmental condition such as acid rain or even extreme temperature. Growing production of automobile because of rising population plus levels of income is anticipated to facilitate in market development.
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The increasing necessities of automotive refinish due to vehicle maintenance coupled with repair will likely augment the demand of coating business over the forecast spell. Raw materials utilized for the manufacturing of coating consist of additives, pigments, binders as well as solvents. Solvent borne is the most extensively used technology plus is anticipated to register a slow growth. The guidelines of environment in terms of emissions of volatile organic compounds as well as hazardous air pollutants, for instance xylene, toluene, ethylbenzene & methyl ethyl ketone, is expected to detain the product demand. The waterborne technology has low toxicity as well as flammability with lower VOC, HAP emission along with better heat resistance as compared to other technologies.
In addition further these segments have been sub-divided like end-user segment is categorized into Commercial Vehicle OEM, Light Vehicle OEM as well as Automotive Refinish. Amongst them light vehicle OEM is predictable to be the major end user of the global automotive coatings market owing to the significant rise in demands of passenger car in the emerging economies.
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Geographically, the global market of automotive coatings has been sub-segmented as Europe, North America, Middle East & Africa, Asia-pacific as well as South America. The automotive segment in Asia Pacific region is fueled by intensifying sales & production in countries such as Japan, China, India & South Korea. China is anticipated to upsurge strongly with rising automobile production. Moreover, transfer of manufacturing centers by companies like Audi, Honda, Volkswagen, Nissan, Hyundai, Toyota and Fiat to China will likely boost the automotive coatings market demand.
The automotive coatings business is extremely competitive in nature with large number of manufacturers operating in the development of new coating products via R&D. On the other hand, there are several big players across the globe controlling the market with advanced nanocoating development. Some of the key players profiled in the report includes PPG Industries, BASF, Nippon Paint, AkzoNobel, Kansai Paint, Covestro AG, Sherwin-Williams Company, Beckers Group, Arkema SA, Berger Paints, Cabot Corporation, Eastman Chemical Company, Clariant AG, Valspar Corporation, Deft, Inc., Royal DSM, Jotun A/S, Axalta Coating Systems and KCC Paint.
Key segments of the global automotive coatings market
Product Overview, 2015-2025 (Kilo Tons) (USD Million)
• Primer
• E-coat
• Basecoat
• Clearcoat
Technology Overview, 2015-2025 (Kilo Tons) (USD Million)
• Water-borne
• Solvent-borne
• Powder Coating
• UV-Cured
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
• Metal
• Plastic
End-use Overview, 2015-2025 (Kilo Tons) (USD Million)
• Light Vehicle OEM
• Commercial OEM
• Automotive Refinish
Regional Overview, 2015-2025(Kilo Tons) (USD Million)
• North America
• US
• Canada
• Europe
• UK
• Ireland
• Spain
• Italy
• France
• Germany
• Rest of Europe
• Asia Pacific
• South Korea
• Japan
• India
• Australia
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Chile
• Rest of Latin America
• Middle East & Africa
• GCC
• South Africa
What does the report include?
• The study on the global automotive coatings includes qualitative factors such as drivers, restraints, and opportunities
• Additionally, the market has been evaluated using the value chain and Porter’s Five Forces’ analysis
• The study covers qualitative and quantitative analysis of the market segmented on the basis of type, application and region. Moreover, the study provides similar information for the key geographies.
• Actual market sizes and forecasts have been provided for all the above-mentioned segments
• The study includes the profiles of key players in the market with a significant global and/or regional presence
Some Major Points from TOC:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
• Research approach
• Scope, definition, and assumptions
• Data sources
Chapter 3. Market Outlook
• Introduction
• Key trends
• Market drivers
Chapter 4. Automotive Coatings Overview, By Product
Chapter 5. Automotive Coatings Overview, By Technology
Chapter 7. Automotive Coatings Overview, By End-use
Chapter 8. Automotive Coatings Overview, By Region
Chapter 9. Company Profiles
List of Tables
1. Key highlights of the global automotive coatings
2. Global Automotive Coatings and Growth Rate Comparison by Product (2015-2025) ( Kilo Tons)
3. Global Automotive Coatings and Growth Rate Comparison by Product (2015-2025) (USD million)
4. Global Automotive Coatings and Growth Rate Comparison by Technology (2015-2025) ( Kilo Tons)
5. Global Automotive Coatings and Growth Rate Comparison by Technology (2015-2025) (USD million)
6. Global Automotive Coatings and Growth Rate Comparison by End-use (2015-2025) ( Kilo Tons)
7. Global Automotive Coatings and Growth Rate Comparison by End-use (2015-2025) (USD million)
8. Global Automotive Coatings and Growth Rate Comparison by Application (2015-2025) ( Kilo Tons)
9. Global Automotive Coatings and Growth Rate Comparison by Application (2015-2025) (USD million)
10. Global Automotive Coatings and Growth Rate Comparison by Region (2015-2025) (Kilo Tons)
List of Figures
1. Market segmentation
2. Research Programs/Design
3. Global Automotive Coatings (2015-2025) (Kilo Tons) (USD million)
4. Porter’s Five Forces’ analysis
5. Value chain analysis
6. PESTEL analysis
7. Vendor landscape
8. Global Automotive Coatings for Primer (2015-2025) (Kilo Tons) (USD million)
9. Global Automotive Coatings for E-coat (2015-2025) (Kilo Tons) (USD million)
10. Global Automotive Coatings for Basecoat (2015-2025) (Kilo Tons) (USD million)
11. Global Automotive Coatings for Clearcoat (2015-2025) (Kilo Tons) (USD million)
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