DUBLIN--(BUSINESS WIRE)--The "Automotive Specialty Coatings Market by Application (Engine Exhaust, Interior, Transmission, Wheels), Technology (Solvent-borne, Water-borne, Powder), Resin, Substrate, ICE, Electric & Hybrid Vehicle & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The automotive specialty coatings market is estimated to be USD 3.02 billion in 2018 and is projected to reach USD 3.75 billion by 2025, at a CAGR of 3.12%, from 2018 to 2025.
The major advantage of waterborne coating is low toxicity and flammability due to lower VOC levels. Coatings based on this technology have excellent adhesion and greater heat resistance compared with solvent-based coatings. Owing to the stringent VOC emission regulations, regions such as Europe and North America are reducing the use of solvent-borne coatings and have shifted toward eco-friendly waterborne coatings.
The coating amount required for passenger cars is less as compared with LCVs, buses, and trucks. However, the production of passenger cars is very high as compared with other vehicle types all over the regions. The passenger car coating market is also driven by the increasing sales of premium and luxury vehicles as these vehicles are equipped with bigger engines, best-in-class interior components, AMTs, and bigger wheel rims as compare to conventional cars.
The automotive industry in the Asia Oceania region has been dynamic over the past few years and has seen an increase in the annual production of passenger and commercial vehicles. Vehicles that are produced in the Asia Oceania region are mostly small cars, which are equipped with small engines, average interiors, manual transmission and small wheel rims, which require very less coating amount as compared with other regions.
- Akzo Nobel
- DOW Chemical
- Nippon Paint
- Kangnam Jevisco
- Chembond Chemicals
- Nsp Coatings
- Oerlikon Metco
- Berlac AG
- Decc Company
- Lord Corporation
- Electro Tech Coatings
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Specialty Coatings Market, By Applications
7 Automotive Specialty Coatings Market, By Technology
8 Automotive Specialty Coatings Market, By Resin Type
9 Automotive Specialty Coatings Market, By Substrate
10 Automotive Specialty Coatings Market, By Electric and Hybrid Vehicle
11 Automotive Specialty Coatings Market, By Ice Vehicle Type
12 Automotive Specialty Coatings Market, By Region
13 Competitive Landscape
14 Company Profiles
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