Automotive Paints and Coatings Market Insights, Forecast to 2025

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Abstract:

Automotive paints and coatings are used as a layer to protect the substrate from environmental damage while providing it with color and glossiness to increase the beauty of the substrate.In terms of region, the global Automotive paints and coatings market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global market due to high vehicle production in the region.The market in Latin America is anticipated to expand at a substantial growth rate during the forecast period. GDP of countries in Latin America is expanding at a significant growth rate. Moreover, increase in the number of production plants for passenger and commercial vehicles due to high demand for these vehicles and presence of rapidly expanding economies such as Mexico and Brazil are anticipated to drive the market in the region. The light commercial vehicles sub-segment of the market in North America is expanding at substantial pace due to extensive usage of these vehicles to transport daily goods in the region.

Global Automotive Paints and Coatings market size will reach 26000 million US$ by 2025, from 20000 million US$ in 2018, at a CAGR of 3.4% during the forecast period. 

In this Automotive paints and coatings study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Paints and Coatings.This industry study presents the global Automotive Paints and Coatings market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Paints and Coatings production, revenue and market share by manufacturers, key regions and type;The consumption of Automotive Paints and Coatings in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Akzonobel, BASF, etc.

The following manufacturers Of Automotive paints and coatings are covered in this report:

  • Akzonobel
  • BASF
  • Axalta Coating Systems
  • Bayer
  • Cabot
  • Donglai Coating Technology
  • Eastman
  • Feidal Coatings
  • Nippon Paint Holdings
  • PPG Industries

Automotive Paints and Coatings Breakdown Data by Type

  • Solvent-Borne
  • Water-Borne
  • Others

Automotive Paints and Coatings Breakdown Data by Application

  • Passenger Vehicle
  • Commercial Vehicle

Automotive Paints and Coatings Production by Region

  • United States
  • Europe
  • China
  • Japan
  • South Korea
  • India
  • Other Regions

view the Complete Report @ https://www.24chemicalresearch.com/reports/33539/global-automotive-paintscoatings-2025-639

Automotive Paints and Coatings Consumption by Region

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Philippines
  • Thailand
  • Vietnam
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Rest of Europe
  • Central & South America
  • Brazil
  • Rest of South America
  • Middle East & Africa
  • GCC Countries
  • Turkey
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

The study objectives are:

  • To analyze and research the global Automotive Paints and Coatings status and future forecast?involving, production, revenue, consumption, historical and forecast.
  • To present the key Automotive Paints and Coatings manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
  • To segment the breakdown data by regions, type, manufacturers 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 strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
  • 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 Paints and Coatings :

  • History Year: 2014 – 2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year: 2019 – 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Paints and Coatings market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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