Automotive Paints & Coatings Market | Global Size, Analysis 2019-2027 - PowerPoint PPT Presentation

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Automotive Paints & Coatings Market | Global Size, Analysis 2019-2027

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Global automotive paints & coatings market is expected to grow at a 3.58% CAGR during the forecast period. Get free sample report now!! – PowerPoint PPT presentation

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Title: Automotive Paints & Coatings Market | Global Size, Analysis 2019-2027


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GLOBAL AUTOMOTIVE PAINTS COATINGS MARKET
FORECAST 2019-2027
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  • The global automotive paints and coatings market
    is projected to grow from XX billion in 2018 to
    XX billion by 2027, growing at a CAGR of 3.58
    during the forecast period.
  • The base year considered for the market study is
    2018 and the forecasting years are from 2019 to
    2027.
  • The risen eco-friendly paints and coating
    requirement in the various industries is the
    prime factor responsible for the growth of the
    market across the globe.
  • Furthermore, these automotive paints and coatings
    are not only used to enhance the appearance or
    for the purpose of beautification of vehicles,
    but also used as a preventive measure or
    protection layer for vehicles.
  • These benefits are also responsible for the
    increasing demand of the market during the
    forecast period.

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  • The automotive paints and coatings market is
    segmented on the basis of technology, coat type,
    vehicle type and geography.
  • On the basis of coat type, the automotive paints
    and coatings market is segmented into base coat,
    electro-coat, clear coat and primer.
  • The automotive paints and coatings market by
    vehicle type is further segmented into passenger
    cars, light commercial vehicles and heavy
    commercial vehicles.
  • The varied technology equipped in the market are
    solvent-borne, water-borne and others. The
    increasing demand for eco-friendly paints and
    coatings from the automotive industry and the
    booming automobile industry are major driving
    factors for the growth of the automotive paints
    and coatings market.
  • On the contrary, stringent regulations and
    policies by the government, environmental issues
    like VOC and CO2 emissions are restraining the
    growth of the market.

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The global automotive paints and coatings market
is projected to grow from XX billion in 2018 to
XX billion by 2027, growing at a CAGR of 3.58
during the forecast period.
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North America's automotive paints and coatings
market revenue are expected to reach xx billion
in the year 2018 and are anticipated to touch xx
billion in the year 2027, at the CAGR of 3.00.
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Europes automotive paints and coatings market
revenue are expected to grow XX billion in the
year 2019 and are anticipated to touch XX
billion in the year 2027, at a CAGR of 3.06.
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Asia Pacifics automotive paints and coatings
market revenue are expected to reach xx billion
in the year 2019 and are expected to touch XX
billion in the year 2027, at a CAGR of 4.18.
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The leading market players in the automotive
paints and coatings market are Axalta Coating
Systems, AkzoNobel, Basf Se, Covestro, Dowdupont
Inc., Fortech Products Inc., Kansai Paint Co.
Ltd., KCC Corporation, Nippon Paint Holdings Ltd,
PPG Industries, Inc., Rpm International, Solvay
Group, The Sherwin Williams Company and Valspar
Corporation.
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