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Automotive Coatings Market - Global Industry Analysis, Forecast, 2014 – 2020

Automotive coatings enhance the appearance and durability of a vehicle and also protect it from extreme temperature, UV radiation, foreign particles, and acid rain. Increasing consumer preference is a key factor driving the global automotive coating
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Automotive Coatings Market - Global
Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 - 2020
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Automotive coatings enhance the appearance and durability of a vehicle and also protect it from extreme temperature, UV
radiation, foreign particles, and acid rain. Increasing consumer preference is a key factor driving the global automotive coatings
market, which is anticipated to witness healthy growth over the forecast period.
The research report studies the overall automotive coatings market by segmenting it on the basis of several parameters such as
coat type, texture, technology, vehicle type, and geography. By texture, the automotive coatings market is bifurcated into solid
and metallic. By coat type, the market is divided into primer, clearcoat, electrocoat, and basecoat. By technology, the
automotive coatings market is segmented into waterborne, solvent-borne, and powder coating. By region, the automotive
coatings automotive coatings market is fragmented into Europe, Asia Pacific, North America, and Rest of the World.
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The report offers a comprehensive, well-researched, unbiased, and accurate overview of the global automotive coatings market,
along with focus on key aspects such as structure, components, growth drivers and restraints, market attractiveness, strengths
and weaknesses, value and industry chain, scope, and dynamics.
Overview of the Automotive Coatings Market
The global automotive coatings market is projected to develop at a healthy growth rate during the forecast period owing to
increased competition among players, growing demand for vehicles, supportive government policies, development of
transportation infrastructure, and rapid economic growth. Ongoing product development and rising research and development
investments are likely to boost the demand for automotive coatings in the coming years. However, volatile nature of raw
material prices and harmful environmental impact of conventional solvent-borne coatings threaten to limit the growth of the
automotive coatings market.
Solvent-borne is the leading technology segment within the automotive coatings market but is projected to lose market share in
the next few years owing to environmental hazards. Basecoat makes up for the largest coat-type segment and is likely to
witness significant development by the end of the forecast period.
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Asia Pacific accounts for the largest share of the automotive coatings market owing to large demand and production of
automobiles, rising number of joint ventures among key players, and favorable political and economic scenario. Even though
Europe is presently the second-largest automotive coatings market in the world, North America is predicted to surpass it in the
coming years owing to a significant boost in the production of vehicles. While the major challenge that Europe and North
America face is economic slowdown, both the regions are anticipated to benefit from stringent environmental regulations that
drive the demand for powder coatings and waterborne coatings.
Companies Mentioned in the Report
There are several players competing in the global automotive coatings market: BASF SE, PPG Industries Inc., Kansai Paint Co.,
Ltd., Bayer AG, Solvay SA, Akzonobel N.V., Axalta Coatings System LLC, Arkema SA, Nippon Paint Holdings Co., Ltd., and Valspar
Corporation. The research report identifies the leading players and profiles them based on aspects such as company and
financial overview, product portfolio, recent developments, business strategies, and SWOT analysis.
Global Automotive Coatings Market, by Texture
Global Automotive Coatings Market, by Technology
Powder Coating
Global Automotive Coatings Market, by Coat Type
Global Automotive Coatings Market, by Geography
North America
Asia Pacific
Rest of the World
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights of this report
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments
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