Automotive coatings are used to coat the surfaces of automobiles and exemplify the futuristic technologies, which are capable of manufacturing durable surfaces, maximizing overall efficiency while meeting environmental norms. Moreover, they enhance the overall durability and appearance of a vehicle and also safeguard it from UV radiation, extreme temperature, and foreign particles. This report study the automotive OEM coatings
The global automotive OEM coatings market is segmented based on type, vehicle type, and geography. The type segment is categorized into solvent-borne, waterborne, powdered, and others. On the basis of vehicle type, the market is divided into passenger cars, light commercial vehicles, heavy commercial vehicles, and others. The light commercial vehicles segment is anticipated to register a significant CAGR during the forecast period.
Global Automotive OEM Coatings market size will increase to 10800 Million US$ by 2026, from 6940 Million US$ in 2020, at a CAGR of 5.7% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Automotive OEM Coatings.
This report covers the present status and the future prospects of the global Automotive OEM Coatings market for 2015-2026.
The report offers detailed coverage of Automotive OEM Coatings industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive OEM Coatings by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
BASF, Evonik, Axalta Coating Systems, PPG, Nippon Paint, Kansai Paint Co., Ltd., AkzoNobel N.V, Sherwin-Williams Company, Covestro AG, Arkema SA, Beckers Group, Berger Paints India Limited, Eastman Chemical Company, Clariant AG, Royal DSM, Lord Corporation
Market Segment as follows:
Market by Order Type
Solvent-Borne
Waterborne
Powdered
Automotive OEM Coatings Breakdown Data by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Automotive OEM Coatings Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive OEM Coatings market for the forecast period 2021 - 2026?
• What are the driving forces in the Automotive OEM Coatings market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive OEM Coatings industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.