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Market Overview: Automotive Paints Global Market Synopsis 2016 – 2022

Wednesday, October 5, 2016 9:11
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 Automotive Paints Global Market 

Globally, automotive sector has undergone a substantial growth in recent years. Automotive paint is used on automobiles as a protective measure against corrosion, acid rains, UV rays and oxidization. Pigments, binders and thinners are the basic ingredients used to make an automotive paint. Automotive paints have low volatile organic compounds (VOCs). Automotive paints are garnering high demand in automotive sector owing to the less exposure to toxins. Increasing demand of vehicles worldwide has boosted the growth of the automotive paints market. End-users are preferring to buy vehicles, featuring durable automotive paint. Thus, automotive paint is expected to generate a high demand among vehicle manufacturers. High prices of raw materials can limit the growth of the market.  Changing government regulations for increasing environmental awareness would provide many significant opportunities for the growth of the automotive paints market.

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Automotive paint market is segmented on the basis of vehicle type, coat type, texture type, technology and geography. The vehicle type segment comprises of light commercial vehicles, heavy commercial vehicles and passenger cars. On the basis of coat types, the market is further classified as base coat, clear coat, primer coat and electro coat. The texture type segment is categorized into metallic texture and solid texture. On the basis of technology the market is classified into powder coatings, waterborne coatings and solvent borne coatings. Geographically, the market is segmented into regions such as North America, Europe, Asia-Pacific (APAC) and LAMEA.

Key players operating in the market include Berger Paints, Kansai Paint Co. Ltd., Nippon Paint Co. Ltd., BASF SE, PPG Asian Paints Private Limited, Axalta Coating Systems LIC, KCC Corporation, Clariant AG, Arkema SA and Beckers Group. Operating players in the market are putting efforts into introducing new coating methods and cost effective technologies.

The study provides an in-depth analysis of the global automotive paints market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends in order to gain a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Quantitative analysis of the current market and forecast through 2015-2020 are provided to showcase the financial appetency of the market
Porters Five Forces model of the industry illustrates the potency of the buyers & suppliers participating in the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain

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Global Automotive Paints Market by Vehicle Type
Light commercial vehicles
Heavy commercial vehicles
Passenger cars

Global Automotive Paints Market by Coat Type
Base coat
Clear coat
Primer coat
Electro coat

Global Automotive Paints Market by Texture Type
Metallic texture
Solid texture

Global Automotive Paints Market by Technology
Powder coatings
Waterborne coatings
Solvent borne coatings

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Global Automotive Paints Market by Geography
North America‚

Key Players
Berger Paints
Kansai Paint Co. Ltd.
Nippon Paint Co. Ltd.
PPG Asian Paints Private Limited
Axalta Coating Systems LIC
KCC Corporation
Clariant AG
Arkema SA
Beckers Group

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About Us

Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.

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