Automotive Refinish Coatings Market Emerging Trend to Reach USD 10.2 Bn, at 5.6% CAGR With Share Report, Industry Size, Opportunities to 2023

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Automotive Refinish Coatings Market Research Report by Product Type (Clearcoat, Primer, Activator, and Others), Technology (Water-borne Coatings, UV-Cured Coatings, and Others), Resin (Polyurethane, Alkyd, Acrylic, and Epoxy), Vehicle Type (Cars, Commercial Vehicles, and Two-wheelers), and Region-Global Forecast to 2023

Automotive Refinish Coatings Market Overview:
The constant upgradation in technologies has led to better quality of automotive refinish coatings. Market reports connected with the chemicals and materials industry have been made available by Market Research Future which generates reports on other business verticals that outlines the current market scenarios. The market is poised to achieve revenues totaling USD 10.2 billion while achieving a 5.6% CAGR in the forecast period. The market is further motivated by the rising disposable income levels globally and will create an enhanced impetus for growth in the coming years.

The market is also substantially influenced by the escalating sales of passengers’ cars which are the primary end users of automotive refinish coatings. The market is also significantly boosted by the development of UV-cured and water-borne technologies. The multiplying number of rental car owners and the elevating demand for used car markets is projected to improve the progress of the automotive refinish coating market.

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Automotive Refinish Coatings Market Key Players:

The development of the market is considerably boosted by the expansion of the automobile sector globally. The manufacturers in the automotive refinish coatings market are increasing the market share by improving the product offering and introducing new products in the market:
• 3M (US)
• BASF SE (Germany)
• KAPCI Coatings (Egypt)
• Mitsui Chemicals, Inc. (Japan)
• PPG Industries, Inc. (US)
• Nippon Paint (Japan)
• The Valspar Corporation. (US)
• Akzo Nobel N.V (The Netherlands)
• KCC Corporation (South Korea)
• The Lubrizol Corporation (US)
• Covestro AG (Germany)
• The Sherwin-Williams Company (US)
• Kansai Paint Co., Ltd (Japan)
• Esdee Paints Limited (India)
• Axalta Coating Systems, LLC (US)
• Berger Paints India Limited (India)

Automotive Refinish Coatings Market Regional Analysis:
The regional analysis of the automotive refinish coatings market covers regions such as Europe, North America, Asia Pacific, Latin America, Middle East, and Africa. The Asia Pacific region is growing due to the rapid industrialization in the region during recent years. Nations such as South Korea, India, China, Japan, and Malaysia are the main contributors to the evolution of this regional market. The market progress is influenced by factors such as rising urbanization, altering lifestyles, growing buying power of the population, and an increasing level of consumer awareness for the maintenance and protection of vehicles. The North American region is progressing due to the contribution of U.S because of the rising demand for passenger cars in the nation.

The European region is expanding due to the contribution of countries like Germany, The U.K., Italy, France, and Belgium and also due to the presence of the largest automotive manufacturers in the region. The regional markets in the Middle East, Africa, and Latin America are expected to add noticeably to the progress of the automotive coatings market globally owing to the steadying political and economic conditions and growing industrialization.

Automotive Refinish Coatings Market Segmental Analysis:
The segmentation of the automotive refinish market is based on product type, technology, resin, vehicle type, and region. On the basis of product type, the market consists of clearcoat, primer, activator, basecoat, filler, and putty. The technology-based segmentation of the market consists of water-borne coatings, UV-cured coatings, solvent-borne coatings, and powder coatings.

The segmentation of the market on the basis of resin comprises of Polyurethane, Alkyd, Acrylic, and Epoxy. Based on vehicle type, the automotive refinish coating comprises of cars, commercial vehicles, and two-wheelers. The regions that are counted in the market are Asia Pacific, Europe, Latin America, Middle East, North America, and Africa.

Automotive Refinish Coatings Market Table of Content:
1 Executive Summary
2 Market Introduction
3 Market Research Methodology
4 Market Dynamics of Global Automotive Refinish Coatings Market
5 Market Factor Analysis of Global Automotive Refinish Coatings Market

Automotive Refinish Coatings Market Table of Content to be Continue……,

Automotive Refinish Coatings Market List of Table:
Table 1 Global Automotive Refinish Coatings Market: By Region, 2016−2023
Table 2 North America: Automotive Refinish Coatings Market, By Country, 2016−2023
Table 3 Europe: Automotive Refinish Coatings Market, By Country, 2016−2023
Table 4 Asia-Pacific: Automotive Refinish Coatings Market. By Country, 2016−2023
Table 5 Middle East & Africa: Automotive Refinish Coatings Market, By Country, 2016−2023

Automotive Refinish Coatings Market List of Table to be Continue……,

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CONTACT ISSUER
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
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