Automotive Refinish Coatings Market Share, Trends and Leading Players by 2023


Posted August 11, 2018 by serenathomson

The global automotive refinish coatings market is expected to grow at a CAGR of 6 % during the forecast period (2015–2021) and would reach $11 billion by 2022.
 
New York, August 11, 2018: The global automotive refinish coatings market is expected to grow at a CAGR of 6 % during the forecast period (2015–2021) and would reach $11 billion by 2022.
The scope of the report includes a detailed study of global and regional markets for various types of Automotive Refinish Coating market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Axalta Coating Systems, BASF SE, Kansai Paint Co. Ltd., Mitsui Chemicals, PPG Industries, Inc., Nippon Paints, Sherwin Williams, 3M Co. and Matrix System Automotive Finishes. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The key market players have adopted different strategies to boost the market. Acquisition and expansion are one of the best strategies to boost the market. Asia Pacific is the largest consumer of the automotive refinish market which accounts for more than 35% of the total consumption.
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The major driving factors Automotive Refinish Coating Markets are as follows:
• Increasing number of accidents, adoption of newer technologies and rising disposable income in the developing economies.
• Growing demand of recreational vehicles in the developed regions of North America and Europe.

The restraints factors of Automotive Refinish coating market are as follows:

• Government regulations on the utilization of high volatile organic compounds (VOC) level coatings is increasing which may affect the growth of solvent-borne market.

The Automotive Refinish Coating market is segmented based on Product Type, Technology Type, Resin Type, and Geographical Analysis. By Product type this market is segmented on the basis of PrimerBasecoat, Clearcoat, Activator, Filler & Putty, Others.
By Technology Type this market is segmented on the basis of Solvent-borne Coatings, Water-borne Coatings, UV-cured Coatings. By Resin Type this market is segmented on the basis of Polyurethane, Alkyd, Acrylic, Others. By Geographical Analysis this market is segmented on the basis of North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
This report provides:

1) An overview of the global Automotive Refinish Coating Market and related technologies.
2) Analyses of global market trends and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Automotive Refinish Coating Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The Automotive vehicles need to be repaired at a frequency as there are damages caused due to external factors such as stones, damages due to accidents and other reasons. The market witnessed a vast growth in the last 5 to 6 years due to the increase in the number of the vehicle collisions and the inclination of the people to repair them.
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Table Of Contents
1 INTRODUCTION
2. Assumptions and Research Methodology
3. Executive Summary
4. Market Overview
5. Market Dynamics
5.1. Drivers and Restraints Snapshot Analysis
5.2. Drivers
5.3. Restraints
5.4. Opportunity Analysis
5.5. Global Automotive Refinish Coatings Market Analysis and Forecasts, 2015 – 2024
5.6. Porter’s Analysis
5.6.1. Threat of New Entrants
5.6.2. Threat of Substitutes
5.6.3. Degree of Competition
5.6.4. Threat of Suppliers
5.6.5. Threat of Buyers
5.6.6. Degree of Competition
5.7. Value Chain Analysis
6. Automotive Refinish Market Analysis and Forecast, By Product Type
7. Global Automotive Refinish Market Analysis By Technology
8. Automotive Refinish Market Analysis By Region
9. Competition Landscape
10. Company Profiles
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Contact Person: John Bay
Email: [email protected]
Phone: +1-855-984-1862
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Issued By John Bay
Website Automotive Refinish Coatings Market
Phone +18559841862
Country United States
Categories Business
Tags automotive refinish coatings market , automotive refinish coatings market share
Last Updated August 11, 2018