Automotive Paints Market

1
MarketsandMarkets Presents
Automotive Paints Market worth 998.7 Million
Gallons by 2018 with Revenue of 11.7 Billion

http//www.marketsandmarkets.com/Market-Reports/au
tomotive-paints-market-1246.html
2
The report, Automotive Paints Market by Coat
Type (Electrocoat, Primer, Basecoat,
Clearcoat), by Technology (Solvent-borne,
Waterborne, Powder Coating), Texture Type
(Metallic Solid), Vehicle Type Geography -
Global Trends Forecast to 2018 defines and
segments the automotive coating market with
analysis and forecasting of the global volume and
revenue. Browse 126 market data tables and 66
figures spread through 341 pages and in-depth TOC
on Automotive Paints Market by Coat Type
(Electrocoat, Primer, Basecoat Clearcoat), by
Technology (Solvent-borne, Waterborne Powder
Coating), Texture Type (Metallic Solid),
Vehicle Type Geography - Global Trends
Forecast to 2018.http//www.marketsandmarkets.co
m/Market-Reports/automotive-paints-market-1246.htm
lEarly buyers will receive 10 customization on
reports. Asia-Oceania Largest Market for
Automotive Coating with Highest
Revenues Asia-Oceania is the region which
produces maximum number of vehicles as compared
to other geographies. It is estimated that more
than 47.2 million vehicles would be produced in
2013, growing with a CAGR of 7.85 for the next
five years. The increasing numbers of vehicle
production makes Asia-Oceania the most important
market for the automotive coating industry.
Request to Download Free PDF Brochure _at_
http//www.marketsandmarkets.com/pdfdownload.asp?i
d1246
3
In addition, the strong presence of many local
automotive coating companies, such as Nippon
Paint (Japan), Kansai Paint (Japan), KCC Paint
(South Korea), etc. would help to fuel the market
growth for coatings in this region. Other than
local players, many key global automotive
coatings companies such as PPG Industries (U.S.),
BASF (Germany), Axalta Coating Systems (U.S.),
and others have their presence in the
Asia-Oceania region, which would also influence
the total market demand for automotive coatings.
Some of the above players have set up joint
ventures with local manufacturers to enhance
their presence on country level. North America
Automotive Coatings Growing at Promising
Rates North America is the third largest vehicle
producer in the world and it is anticipated that
about 17.9 million units of vehicles would be
produced in North America in 2013. It is
projected that by 2018, it will bypass Europe and
would become the second largest vehicle producer
in the world growing with a CAGR of 7.50. This
increased growth rate is due to the rapid boost
in the production of vehicles across North
American countries. The market for eco-friendly
coatings such as waterborne and powder coating is
expected to grow at a promising rate for the next
five years. The reason behind this growth is the
concerns regarding the environmental hazards
caused by solvent-borne coating, due to which
environmental agencies and governmental
institutions have issued regulations and
guidelines to minimize the use of automotive
coatings which contain high VOCs content. The
major key local automotive coatings companies are
PPG Industries (U.S.), Axalta Coating Systems
(U.S.), Eastman Chemical (U.S.), Sherwin-Williams
(U.S.), etc. and they have major presence in the
North American market. Request to Sample of
This Report _at_ http//www.marketsandmarkets.com/r
equestsample.asp?id1246
4
Europe Stable Growth Rate The automotive
industry in Europe is recovering from the
slowdown it faced in 2009 and it is anticipated
that it would grow with a steady rate for the
period under study. Europe is the second largest
vehicle producer in the world and it is estimated
that about 18.4 million units would be
manufactured in 2013, which would grow with a
CAGR of 4.15 for the next five years. The
automotive coating market is projected to grow
with a steady growth rate but the eco-friendly
coatings would be growing with a promising CAGR
for the period under study. The norms and
regulations regarding the content of VOCs have
also enhanced the growth for eco-friendly
coatings in Europe. The key automotive coating
players in Europe are BASF (Germany), AkzoNobel
(The Netherlands), Bayer (Germany), Beckers
(Germany), Royal DSM (The Netherlands), etc. The
report covers the global automotive paints market
in terms of volume of consumption (million
gallons) and revenue (million) across regions
such as Asia-Oceania, Europe, North America, and
Rest of the World (ROW). It explains qualitative
and quantitative aspects of automotive coatings
with respect to its types and technologies used.
The report briefly explains the automotive
coating market on the basis of geography, vehicle
type, coat types, technology, and texture type
from 2013 to 2018. The report also shows an
overview of the technical as well as other
important aspects of the automotive coating
market. It includes an analysis of the value
chain, Porters five forces analysis, PESTLE
analysis, the competitive landscape, and company
profiles. In addition to this, 22 key players in
the market have also been profiled.
5
Marketsandmarkets MarketsandMarkets is a global
market research and consulting company based in
the U.S. We publish strategically analyzed market
research reports and serve as a business
intelligence partner to Fortune 500 companies
across the world. MarketsandMarkets also
provides multi-client reports, company profiles,
databases, and custom research services. MM
covers thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT.
Get in touch with us at 1-888-6006-441 or send
email to sales_at_marketsandmarkets.com with your
contact details and questions if any query.