Chemicals
Automotive Refinish Coatings Market was $7.91 Billion in 2017 and is Estimated Grow with CAGR of 4.4% to reach $10 Billion During the Forecast Period 2018 to 2023.
According to the new market research report by IndustryARC titled “Automotive Refinish Coatings Market: By Technology (Solvent-Borne, Aqueous, Powdered, Others); By Layer (Surfacers, Sealers, Primers, Undercoats, Topcoats, Others); By Component; By Vehicle Type (Passenger Car, Commercial Vehicle, Motorcycle); By Geography (North America, Europe, APAC and Row) – Forecast Period (2018–2023),” the market will be driven by increasing sales of vehicles and easy availability of auto loans.
North America to Dominate the Automotive Refinish Coatings Market
North America is expected to dominate the Automotive Refinish Coatings market during the forecast period. This is due to the increasing disposable income of people in this region. The increasing number of used vehicles will also fuel the demand for automotive refinish coatings in the region.
Selected Regulatory Analysis Done in the Automotive Refinish Coatings Market Report
By formulation, the water-borne coatings segment will enjoy the largest share in the Automotive Refinish Coatings market during the forecast period. There is a high demand for water-borne coatings from original equipment manufacturers (OEMs) due to their benefits over solvent-borne based coatings, which contain high levels of volatile organic compounds (VOCs). By vehicle type, the passenger cars segment will have the largest share in the market due to increase in sales of used cars.
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Selected Driving Factors Mentioned in the Automotive Refinish Coatings Market Report
- The growth of the automotive sector will boost the demand for automotive refinish coatings during the forecast period.
- Increased investments in R&D activities will augment the Automotive Refinish Coatings market during the forecast period.
- The increasing awareness about the environmental impacts of VOC emissions will drive the demand for water-borne coatings, which in turn will drive the Automotive Refinish Coatings market.
- Automotive Refinish Coatings Market Analysis – By Formulation
- High Solid Coatings
- Waterborne Coatings
- Solvent-borne Coatings
- Powder Coatings
- Other
- Automotive Refinish Coatings Market Forecast – By Component
- One Component
- Two Component
- Automotive Refinish Coatings Market Growth – By Resin
- Alkyd
- Epoxy
- Acrylic
- Polyurethane
- Polyester
- Vinyl
- Other
- Automotive Refinish Coatings Market Share – By Layer
- Topcoats
- Undercoats
- Primers
- Surfacers
- Sealers
- Others
- Automotive Refinish Coatings Market Analysis – By Vehicle
- Light Vehicles OEM’S
- Commercial Vehicles
- Industrial Vehicles
- Automotive Refinish Coatings Market Share – By Vehicle Type
- Automotive Refinish Coatings Market Growth – By Geography (30+ countries)
- Automotive Refinish Coatings Market Entropy
- Company Profiles
- PPG Industries, Inc.
- BASF SE
- BYK-GARDNER GMBH
- Axalta Coating Systems
- RPM International Inc
- Company 6
- Company 7
- Company 8
- Company 9
- Company 10+
- Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
- Automotive Refinish Coatings Market Size by Product Categories
- Automotive Refinish Coatings Market Trends
- Manufacturer Landscape
- Distributor Landscape
- Pricing Analysis
- Top 10 End User Analysis
- Product Benchmarking
- Product Developments
- Mergers & Acquisition Analysis
- Patent Analysis
- Demand Analysis (By Revenue & Volume)
- Country level Analysis (15+)
- Competitor Analysis
- Automotive Refinish Coatings Market Growth Analysis
- Automotive Refinish Coatings Market Share Analysis
- Automotive Refinish Coatings Market Value Chain Analysis
- Supply Chain Analysis
- Automotive Refinish Coatings Market Strategic Analysis
- Current & Future Market Landscape Analysis
- Opportunity Analysis
- Revenue and Volume Analysis
- Automotive Refinish Coatings Market Analysis (2018–2023)
- North America Automotive Refinish Coatings Market Forecast (2018–2023)
- South America Automotive Refinish Coatings Market Growth (2018–2023)
- Europe Automotive Refinish Coatings Market Share (2018–2023)
- Asia Pacific Automotive Refinish Coatings Market (2018–2023)
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