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Global Automotive Paints And Coatings Market to grow at a CAGR of 4.95% during 2017-2021

Press Release   •   Jan 23, 2017 05:00 EST

About Automotive Paints & Coatings

Automotive paints and coatings are used to enhance the exterior appearance and durability of an automobile by shielding it from harsh external conditions such as ultraviolet (UV) radiation, heat and cold, and debris. Paint and coating play a vital role in automotive decoration. It is one of the key features which can attract a consumer toward any automotive product. The selection of automotive paints and coatings by the end-users depends on the quality and aesthetic value of the coatings. The automotive manufacturers use automotive paints and coatings in the production of new vehicles (including passenger cars, light commercial vehicles, and heavy commercial vehicles), as well as for aftermarket purposes such as vehicle repair and refinishing.

Technavios analysts forecast the global automotive paints and coatings market to grow at a CAGR of 4.95% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive paints and coatings market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of paints and coatings used in the original equipment manufacturer (OEM) and automotive refinish sectors of the automotive industry.

The market is divided into the following segments based on geography:

APAC

Europe

North America

ROW

Technavio's report, Global Automotive Paints & Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Download Sample Copy of Report at http://www.marketresearchreports.biz/sample/sample/892943

Key vendors

Axalta Coating Systems

BASF

Kansai Paint

Nippon Paint Holdings

PPG Industries

Other prominent vendors

3M

AkzoNobel

Arkema

Berger Paints

Covestro

Clariant

DuPont

KCC

Sherwin-Williams

Valspar

Market driver

Coatings specifically for fuel-efficient automotive

For a full, detailed list, view our report

Market challenge

New coating process technologies: A bane

For a full, detailed list, view our report

Market trend

Growing demand for UV-curable and nanocoatings

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?