New York 19 April 2019:
The automotive
coatings market is expected to reach more than USD 35.82 billion by 2026
with a CAGR of 6.4% during the forecast period as per a new study released by
Polaris Market Research. The report “Automotive Coatings Market [By Technology
Type (Water-Borne, Solvent-Borne, Powder Coating and Others) By Product Type
(Primer, Clearcoat, Basecoat and Others) By Resin (Epoxy, Polyurethane, Acrylic
& Others) By Regions]: Market size & Forecast, 2017 – 2026”
provides an extensive analysis of present market dynamics and predicted future
trends.
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this research report @ https://www.polarismarketresearch.com/industry-analysis/automotive-coatings-market/request-for-sample
The market is driven by growing
application as blockades to car paints from thrilling acid rains, heat, UV
radiations, and dust accompanied by feature of improving automobile appearance.
Customer’s expectation for efficiency maximization, appealing appearance and
compliance with environmental regulations are demonstration of the modernistic
machineries that are used in production of products and upgraded processes,
thereby creating long lasting surfaces of vehicles.
Currently, this market is
intensified by its reduction in manufacturing cost, bringing consumer
satisfaction by offering corrosion protection and improving visual features, as
well as justifying environmental anxieties. The initiation of the novel smart
coatings has eased the concern of car topcoats appearance, corrosion, and
durability, thereby making them long lasting. Global advent of two-layer
topcoats and the color, gloss, and chip confrontation presented by innovative
products remains practical in initial seven to ten years of usage. These
factors are anticipated to boost the market growth.
The adoption of novel products
challenges the boundless ecological concern. Aiming at precise expectations of
buyers, as well as efficiency maximization and environmental regulations
compliance within the advanced processes, are predicted to supplement the
market demand of these products.
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this report with TOC @ https://www.polarismarketresearch.com/industry-analysis/automotive-coatings-market
By 2026, Asia Pacific region is
projected to appear as the largest market worldwide. Presence of a recognized
automobile production base in numerous APAC nations along with rising
automobile manufacture in India and other Southeast Asian realms are driving
the market. Several R&D Investments by large industry players along with
institutes have also augmented the development of high-performance automotive
coating materials market in this region. Further, the North American market is
driven and dominated by U.S. owing to well settled manufacturing of
automobiles. However, with growing production of vehicles in Canada and Mexico,
the market is likely to have increasing demand of these products.
Some of the leading industry
participants in this category of coating production globally includes Jotun
A/S, Solvay, DSM, Eastman Chemical Company, Lord Corporation, Clariant AG,
Cabot Corporation, Berger Paints, BASF, Arkema SA, Sherwin-Williams Company,
AkzoNobel, Valspar Corporation, KCC Paint, Bayer AG, Beckers Group, Nippon
Paint, PPG Industries, Kansai Paint, and Axalta Coating Systems.
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@ https://www.polarismarketresearch.com/industry-analysis/automotive-coatings-market/inquire-before-buying
Polaris Market Research has
segmented the global automotive coating market on the basis of product,
application, consumables and region:
Automotive
Coatings Technology Outlook (Market Revenue in USD Billion, 2015 – 2026)
·
Water-Borne
·
Solvent-Borne
·
Powder
Coating
·
Others
Automotive
Coatings Product Outlook (Market Revenue in USD Billion, 2015 – 2026)
·
Primer
·
Clear
Coat
·
Basecoat
·
Others
Automotive
Coatings Resin Type Outlook (Market Revenue in USD Billion, 2015 – 2026)
·
Epoxy
·
Polyurethane
·
Acrylic
·
Others
Automotive
Coatings Regional Outlook (Market Revenue in USD Billion, 2015 – 2026)
·
North
America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
o
France
o
Italy
·
Asia
Pacific
o
China
o
India
o
Japan
o
Australia
·
Latin
America
o
Brazil
o
Mexico
·
Middle
East & Africa
o
UAE
o
Saudi
Arabia
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About
Polaris Market Research
Polaris Market Research is a global
market research and consulting company. The company specializes in providing
exceptional market intelligence and in-depth business research services for our
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us
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Polaris Market Research
Phone: 1-646-568-9980
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