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The key strategies adopted by key players are expansion, collaborations or partnerships, acquisition and product launch.1. Water borne automotive coatings has replaced the solvent borne coatings owing to low volatile organic content (VOC) emission and possess resistance to heat and abrasion., Ltd. China witnessed strong growth owing to large production base and economic labor.2 Growth Drivers5. Moreover, cost advantage and excellent chemical and physical properties over solvent based coatings is anticipated to drive the water based automobile coating market.Access Sample Report Details. India, China, South Korea, Japan, and Malaysia are the major contributors to the growth of this regional market.Automotive Coatings Market Highlights:Over the past few years, the global market has witnessed a phenomenal growth due to increasing demand of automotive coatings.V. (Netherlands), Jotun (Norway), Nippon Paint Holdings Co.3 Threat of Substitutes4.), The Valspar Corporation (U.2 Billion at the end of the forecasted period and is expected to grow at CAGR of more than 8% from 2016 to 2023.S.), and Bayer AG (Germany).), Arkema SA (France), Berger Paints India Limited (India), Clariant (Switzerland), Koninklijke DSM N. (Netherlands), Cabot Corporation (U. Basecoat is expected to dominate in the market as they are capable to provide desired color and aesthetics to automobiles.

The factors driving market growth in the region are growing urbanization, changing lifestyles, increasing purchasing power of people, and rising consumer awareness in favor of the protection and maintenance of vehicles.com/reports/automotive-coatings-market-1754 About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Europe is another important region in the global automotive coatings market.1 Research Objectives2.1.marketresearchfuture. Auto manufacturers are focusing more on performance of vehicle by lowering of greenhouse gases with significant reduction in weight of vehicle.Automotive Coatings Market Intended Audience:Automotive coating manufacturersTraders and distributors of automotive coatingResearch and development institutesPotential investorsRaw material suppliersNationalized laboratoriesAutomotive Coatings Market Regional Analysis:Automotive coatings market has been studied with respect to five regions - North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.2 Assumptions & Limitations2. This has bring out a higher growth rate of the global automotive coatings market at the end of forecasted period. Moreover, countries like Japan, India and South Korea are leading countries in automotive industries and manufacturer are relocating base owing to lenient government regulations and easy availability of resources.

The future of automotive coating industry is based on water borne automobile coatings.Automotive Coatings Market Key Players:The prominent players in the global automotive coating market are BASF SE (Germany), Axalta Coating Systems (U.), Kansai Paint Co. (Japan), Akzo Nobel N.MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Automotive coatings produced based on technology as water borne and solvent borne.In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.4 Segment Rivalry4. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.4 Forecast Model4 Market Landscape4., France, Germany, Italy, and Belgium are the major contributors to this regional market.1.2 Secondary Research3.1 Threat of New Entrants4.1 Market Definition2.Automotive Coatings Market Competitive Analysis:Automotive coatings market is fragmented market with tier 1 and tier 2 players dominating the overall market.

This is due to equal deposition of coating on metal part with high operation speed.1 Five Forces Analysis4.S is the largest market in this region due to the growing demand for passenger cars in the country.S. E-coat or electric coat is expected to grow at considerable market share over the forecast period.S.V..2.2 Scope of the Study2.marketresearchfuture.,Ltd.Automotive coatings are dominated by Asia Pacific region owing to rising production of vehicle along with increasing consumer preference for domestic transport.com/sample_request/1754 Automotive Coatings Market Trends:Automotive refinishing industry is growing significantly due to rising vehicle collisions along with proneness of consumer to repair vehicles are expected to augment the market growth.2.), The Sherwin-Williams Company (U.K. As per the market analysis, different factors have driven the market for automotive coatings continuous increase in the number of vehicles, growing automotive as well as transportation industry, technological advancement and others.1.2 BillionPosted by Moin Patni on July 17th, 2018Automotive Coatings MarketAutomotive Coatings Market Introduction:Automotive Coatings market is expected to reach US$ 18..2 Bargaining Power of Buyers4.3 Impact Analysis5. (Japan), PPG Industries, Inc.

In order to meet regulations, set by various bodies of respective regions, manufacturer is entering into agreement with raw material supplier to reduce the cost.3 Markets Structure3 Market Research Methodology3.Automotive Coatings Industry Worldwide Worth Expected to reach US$ 18. North America is the second-largest global automotive coatings market.Automotive Coatings Market Table of Content:1 Executive Summary2 Scope of the Report2.1 Introduction5. The U. Changing trend of lightweight components in vehicle parts in order to improve fuel efficiency in various regions is expected to complement demand growth. In highly competitive market, companies are investing more in innovations and brand building thereby, fostering the strong relationship with customer.. Primer, basecoat, and E-coat are trending in the market owing to its superior properties.2 Value Chain/Supply Chain of Global Automotive Coatings Market5 Industry Overview of Global Automotive Coatings Market5.Automotive coatings industry is witnessing significant Outdoor type polyester resin Manufacturers growth on account of its properties such as excellent UV radiation, extreme temperature resistance and durability. The U.S. (U.S.3 Primary Research3.4 Market ChallengesAutomotive Coatings Market Table of Content to be Continue…. Asia-Pacific is the largest market on account of the rapid industrialization in the region during recent years.1 Research Technology3