The changing lifestyle and buying behaviour of people, a rise in disposable income, and the growing demand for luxury vehicles are some the factors influencing the market growth.
The Global Automotive Refinish Coatings Market is expected to reach USD 11.69 Billion by 2027, according to a new report by Emergen Research. The market for automotive refinish is growing due to the rise in disposable income, change in lifestyle and buying behaviour of the consumers, and the growing demand for luxury vehicles.
The latest research report can be viewed as a valuable source of viable data and information pertaining to this particular business vertical. It provides a complete overview of the Automotive Refinish Coatings industry, considering the future growth analysis, demand, and supply graphs, as well as historical and future costs and revenue generation.
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Strict regulations regarding the products which contain VOC is hindering the market growth. The usage of VOC-containing products releases VOCs resulting to smog and air pollution. To enhance air quality, governments of many countries have implemented a series of control measures.
The report also covers mergers and acquisitions, product launches and brand promotions, joint ventures, collaborations, and partnerships among others.
Global Automotive Refinish Coatings Market: Competitive Outlook
With a major focus on the growth trajectories of each segment of the market, the report inspects the operating patterns of each market contender, for instance, partnerships & collaborations, mergers & acquisitions, and new product launches, in a detailed manner. Alongside describing the vast competitive landscape of the Automotive Refinish Coatings market, the report estimates the CAGR for the market during the projected timeframe.
Key participants include The Sherwin Williams Company, PPG Industries Inc., Axalta Coating Systems Ltd., BASF SE, AkzoNobel N.V, Kansai Paints Co. Ltd., Matrix System Automotive Finishes, Nippon Paint Holding Co. Ltd., Mitsui Chemicals, and Berger Paints India Ltd., among others.
Regional Bifurcation:
- The latest report categorizes the global Automotive Refinish Coatings market into various regions across the globe, based on their market dominance and revenue share.
- The report briefs about the market share data of each of the regional segments, along with the potential growth drivers of these regions.
- The report includes valuable insights into the import and export trends, revenue estimation, and production and consumption rates, as well as the leading players of each region.
- Top Regions operating in the market include: North America, Asia Pacific, Europe, Latin America, Middle East & Africa
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At the same time, the document offers detailed insights into the pertinent industries, business organizations, and various local and international manufacturers and vendors.
Clear coats, offer protection to the paint on vehicles from sun, dust, or water, hold the largest share of the market in 2019. The segment is expected to have a growth rate of 3.9% during the forecast period.
Other significant aspects determining the global market remuneration over the projected timeline:
- The global Automotive Refinish Coatings market report elaborates on the diverse product range, as well as the scope of product application of this particular business vertical.
- The report also encompasses other vital information associated with the global market, for instance, market share, production growth rate, net profit, and application segments.
- The key factors like market concentration rate, raw material processing rate, current price trends, and estimated growth prospects of the industry have also been evaluated in this report.
- The report draws a precise inference of the global Automotive Refinish Coatings market, giving details about the marketing approach of the leading companies, their market positions, and marketing channel development.
The report also offers a generic summary of the application gamut of the global Automotive Refinish Coatings market, detailing on the market share and product demand for each application segment.
- Resin Type Outlook (Revenue, USD Billion; 2017-2027)
- Epoxy
- Alkyd
- Polyurethane
- Others
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Primer
- Basecoat
- Clearcoat
- Activator
- Filler
- Putty
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- Solvent-borne Coatings
- Water-borne Coatings
- UV-cured Coatings
This survey provides answers to the following important questions
- Who are the key players of the Automotive Refinish Coatings market? What are the strategies adopted by them to gain a leading share of the market?
- What are the key trends and demands influencing the market growth?
- What are the crucial growth driving and restraining factors of the Automotive Refinish Coatings market?
- What are the key outcomes of SWOT analysis and Porter's Five Forces analysis?
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Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection, along with other analytical tools like SWOT Analysis and Porter's Five Forces Analysis.
Table Of Content:
Chapter 1. Methodology & Sources1.1. Market Definition1.2. Research Scope1.3. Methodology1.4. Research Sources1.4.1. Primary1.4.2. Secondary1.4.3. Paid Sources1.5. Market Estimation TechniqueChapter 2. Executive Summary2.1. Summary Snapshot, 2019-2027Chapter 3. Key InsightsChapter 4. Automotive Refinish Coatings Market Segmentation & Impact Analysis4.1. Automotive Refinish Coatings Market Material Segmentation Analysis4.2. Industrial Outlook4.2.1. Market indicators analysis4.2.2. Market drivers analysis4.2.2.1. Increasing disposable incomes and changing lifestyle4.2.2.2. Growth of automotive industry4.2.2.3. Rise of environment friendly coating technologies4.2.2.4. Increasing demand of UV-curable coating and nanocoatings4.2.3. Market restraints analysis4.2.3.1. Volatile costs of raw materials4.2.3.2. Stringent regulations regarding various VOC-containing products4.3. Technological Insights4.4. Regulatory Framework4.5. Porter's Five Forces Analysis4.6. Competitive Metric Space Analysis4.7. Price trend Analysis4.8. Covid-19 Impact Analysis
Chapter 5. Automotive Refinish Coatings Market By Resin Type Insights & Trends, Revenue (USD Million)5.1. Resin Type Dynamics & Market Share, 2019 & 20275.1.1. Epoxy5.1.2. Alkyd5.1.3. Polyurethane5.1.4. Others
Chapter 6. Automotive Refinish Coatings Market By Product Insights & Trends Revenue (USD Million)6.1. Product Dynamics & Market Share, 2019 & 20276.1.1. Primer6.1.2. Basecoat6.1.3. Clearcoat6.1.4. Activator6.1.5. Filler6.1.6. Putty
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Look Over transcripts provided by Emergen Research
Automotive Refinish Coatings Market@ https://www.emergenresearch.com/industry-report/automotive-refinish-coatings-market
Driver Monitoring Systems Market@ https://www.emergenresearch.com/industry-report/driver-monitoring-systems-market
Automotive Telematics Market@ https://www.emergenresearch.com/industry-report/automotive-telematics-market
Automotive Sensors Market@ https://www.emergenresearch.com/industry-report/automotive-sensors-market
ADAS and Autonomous Driving Components Market@ https://www.emergenresearch.com/industry-report/adas-and-autonomous-driving-components-market
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