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Demand for Automotive Refinish Coating Market to Rise Significantly from Key End-use Industry Sectors

The automotive refinish coating market is directly linked to the automotive market and has seen substantial growth in the last decade. This is primarily due to rapid growth in vehicle ownership in emerging economies with a resultant increase in the accident rate. Greater governmental regulations with respect to high volatile organic compounds may further impact the growth of automotive refinish coating market that is currently projected to record a robust CAGR of 5.7% from 2017 to 2022.

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FACTS AT A GLANCE

Companies: BASF SE, Akzo Nobel NV, Axalta Coating Systems, PPG Industries, The Sherwin-Williams Company, DowDuPont Inc., Kansai Paint Co., Nippon Paint Holdings Co Ltd, 3M Company, and KCC Corporation.

Coverage: All major geographies and key segments

Segments: Automotive Refinish Coating Market Segmented By UV-cured Coatings, Water-borne Coatings, Solvent-borne Coatings Material with Top Coat, Base Coat, Primer, Clear Coat in Polyurethane, Alkyd, Acrylic Resin Type in Premium Passenger Cars, Light Commercial Vehicles, Compact Passenger Cars, Luxury Passenger Cars

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

The automotive refinish coatings market has never had it better than in the second decade of the 21st century. The explosion in vehicle ownership, particularly in the fast-growing APEJ region has unfortunately led to a rise in vehicle collisions with owners choosing to repair or repaint their vehicles instead of it being business as usual. Along with this, the adoption of newer chemical technologies should boost automotive refinish coatings market during the course of forecast period. Persistence Market Research has prepared an exhaustive report on automotive refinish coatings market titled ‘Automotive Refinish Coatings Market: Global Industry Analysis (2012-2016) & Forecast (2017-2022)’. The report has included a historical analysis of automotive refinish coatings market from the year 2012 to 2016 and compared it with the five-year forecast ending in the year 2022. The study accurately portrays the present and future prospects that await companies in automotive refinish coatings market in regions as diverse as APEJ, North America, Japan, Latin America, MEA, and Europe.Planning Forward? Access Sample of Automotive Refinish Coating Market Report @ https://www.persistencemarketresearch.com/samples/19336

The automotive refinish coating market report begins with the executive summary and introduction that are the perfect first-glance at automotive refinish coating market. The automotive refinish coatings market report has an in-depth assessment of automotive refinish coatings market in value terms expressed in US dollars. In addition to this, the section comprises of the opportunity analysis and technological advancements that impact automotive refinish coatings market. A comprehensive evaluation of each market within automotive refinish coatings market across the different geographic regions can be extracted from this chapter of automotive refinish coatings market report. Market presence of players in the form of an attractiveness index completes this portion.

An important chapter of automotive refinish coatings market report touches on the regional analysis of automotive refinish coatings market. Recent country-specific trends that contribute to the overall growth of automotive refinish coatings market are mentioned herein. An equal focus has been provided to all countries for companies that wish to enter either developed or developing economies in automotive refinish coatings market.

In an ever-changing global economy, it is vital to conduct forecasts with CAGR and other important metrics such as Y-o-Y growth rate and absolute dollar opportunity that help gain a pulse of automotive refinish coatings market. The last sections of automotive refinish coatings market report highlight the competitive landscape present in automotive refinish coatings market. A competition dashboard view has delivered the information in a simple and easy-to-understand format and can be beneficial to both incumbents and new entrants in automotive refinish coatings market. Recent company developments, long and short-term market strategies, financial ratios, and a brief overview can be gleaned in this chapter. A SWOT analysis can enable readers to formulate their business strategies effectively.

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