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Automotive Paints and Coatings Market Predicted to Reach 26000 Million by 2025 with CAGR 3.4%, in Worldwide Market

Press release   •   Jun 20, 2019 12:02 IST

Ameco Research include new market research report Global Automotive Paints and Coatings Market Insights, Forecast to 2025 to its huge collection of research reports.

The Global Automotive Paints and Coatings Market” is an in depth study analyzing the current state and forecast 2019-2025. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Global Automotive Paints and Coatings Market provides analysis of market covering the industry trends, recent developments in the market and competitive landscape. Competitive analysis includes competitive information of leading players in market, their company profiles, product portfolio, capacity, production, and company financials. In addition, report also provides upstream raw material analysis and downstream demand analysis along with the key development trends and sales channel analysis. Research study on Global Automotive Paints and Coatings Market discusses the opportunity areas for investors.

The report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

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Automotive paints and coatings are used as a layer to protect the substrate from environmental damage while providing it with color and glossiness to increase the beauty of the substrate.

In terms of region, the global Automotive Paints and Coatings market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global market due to high vehicle production in the region.
The market in Latin America is anticipated to expand at a substantial growth rate during the forecast period. GDP of countries in Latin America is expanding at a significant growth rate. Moreover, increase in the number of production plants for passenger and commercial vehicles due to high demand for these vehicles and presence of rapidly expanding economies such as Mexico and Brazil are anticipated to drive the market in the region. The light commercial vehicles sub-segment of the market in North America is expanding at substantial pace due to extensive usage of these vehicles to transport daily goods in the region.

Global Automotive Paints and Coatings market size will reach 26000 million US$ by 2025, from 20000 million US$ in 2018, at a CAGR of 3.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Paints and Coatings.

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This industry study presents the global Automotive Paints and Coatings market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Paints and Coatings production, revenue and market share by manufacturers, key regions and type;

The consumption of Automotive Paints and Coatings in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Akzonobel, BASF, etc.

The following manufacturers are covered in this report:
Axalta Coating Systems
Donglai Coating Technology
Feidal Coatings
Nippon Paint Holdings
PPG Industries

Automotive Paints and Coatings Breakdown Data by Type
Automotive Paints and Coatings Breakdown Data by Application
Passenger Vehicle
Commercial Vehicle

Automotive Paints and Coatings Production by Region
United States
South Korea
Other Regions

Automotive Paints and Coatings Consumption by Region
North America
United States
South Korea
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa

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