The global automotive coatings market is expected to reach USD 36.31 billion by 2025.
Surging demand for both passenger and commercial automobiles in emerging countries including China, India, Mexico, Brazil, and South Africa on account of population growth and developing living standards is expected to augment market size over the forecast period. Moreover, increasing requirement of protection against harsh climate, dust, dirt, UV radiation, and acid rain is expected to aid in industry expansion.
Growing number of accident in countries including India and Brazil owing to adverse road conditions in mountainous areas is anticipated to fuel the demand for these products over the upcoming years. Moreover, increasing requirement of maintenance, repair, and refurbishing work of old vehicles is expected to stimulate growth.
Rising consumption of powder coatings in light of its superior properties, such as near zero volatile organic compound emissions and thicker layer compared to conventional coatings, is expected to increase market size. Furthermore, continuous investments by manufacturers along with increasing number of manufacturing facilities in Brazil and China will drive growth over the forecast period.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Automotive Coatings Market Variables, Trends & Scope
4. Automotive Coatings Market: Product Estimates & Trend Analysis
5. Automotive Coatings Market: Technology Estimates & Trend Analysis
6. Automotive Coatings Market: Application Estimates & Trend Analysis
7. Automotive Coatings Market: End-use Estimates & Trend Analysis
8. Automotive Coatings Market: Regional Estimates & Trend Analysis
9. Competitive Landscape
10. Company Profiles
- Axalta Coating Systems
- PPG Industries
- Kansai Paint
- Nippon Paint
- Bayer AG
- KCC Paint
- Valspar Corporation
- Sherwin-Williams Company
- Arkema SA
- Beckers Group
- Berger Paints
- Cabot Corporation
- Clariant AG
- Eastman Chemical Company
- Jotun A/S
- Lord Corporation
For more information about this report visit http://www.researchandmarkets.com/research/4tjd5c/automotive