Automotive Paint Market to See Promising Growth Ahead | PPG, BASF, Axalta, Akzonobel

Global Automotive Paint Market Size study, by Paint Type (Electrocoat, Primer, Basecoat, Clearcoat), by Technology (Solvent-Borne, Waterborne, Powder Coating), by Resin Type (Polyurethane, Epoxy, Acrylic), Texture (Solid Texture, Metallic Texture, Matte Finish Paints, Pearlescent Paints, Solar Reflective Paints ), by Vehicle Type (Passenger Car, Light Commercial Vehicle, Trucks, Buses), by Content (Electrocoat, Solvent-Borne Paints, Waterborne Paints) and Regional Forecasts 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Automotive Paint market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Automotive Paint market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Key Segments Studied in the Global Automotive Paint Market

Global Automotive Paint Market is valued approximately USD 9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 2.88 % over the forecast period 2020-2027. Automotive paint is called a water-based solution which is sprayed on the surface of automobiles with the assistance of a spray gun. These paints are made of polyurethane-based enamel, which protects the automotive surface from damage to the environment, thus enhancing motor vehicle aesthetics. The main factors driving the growth of the global automotive paint market are increased automotive production, stringent emission regulations and environmental concerns for paint manufacturing process to enhance the market for eco-friendly paints. The rise in the number of road accidents is one of the main concerns for automobiles and governments. According to the National Highway Traffic Safety Administration (NHTSA), in 2016, total deaths due to road accidents in the US were just 37,461, which rose by 5.6 per cent from 2015. Additionally, the automotive industry is seeing a dramatic shift in safety technology. The demand for safety features is expected to develop rapidly in the years to come. As vehicle and passenger safety issues grow, cars are now fitted with advanced and smart technology. However, rising raw material prices to produce automotive paints are hampering the demand. On the contrary, an increase in emphasis on producing cost-effective automotive paints is expected to offer the lucrative opportunities in the market.

The regional analysis of global Automotive Paint Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Strict pollution regulations and environmental issues for paint manufacturing processes to boost the demand for environmentally friendly paints. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increase the presence of organised players in the finishing industry to drive the market for automotive finishing would create lucrative growth prospects for the Automotive Paint Market across Asia-Pacific region.

Major market player included in this report are:

PPG, BASF, Axalta, Akzonobel, Sherwin Williams, Kansai, Solvay, Valspar, Covestro, 3M, DOW Chemical, KCC, Nippon Paint

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Paint Type:

Electrocoat, Primer, Basecoat, Clearcoat

By Technology:

Solvent-Borne, Waterborne, Powder Coating

By Resin Type:

Polyurethane, Epoxy, Acrylic, Other Resins

By Texture:

Solid Texture, Metallic Texture, Matte Finish Paints, Pearlescent Paints, Solar Reflective Paints

By Vehicle Type:

Passenger Car, Light Commercial Vehicle, Trucks,Buses

By Content:

Electrocoat, Solvent-Borne Paints, Waterborne Paints

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

• Market Behavior/ Level of Risk and Opportunity
• End Industry Behavior/ Opportunity Assessment
• Expected Industry Recovery Timeline

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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries:Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

The study objectives of this report are:

• To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
• To understand the structure of market by identifying its various subsegments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the growth trends, future prospects, and their contribution to the total market.
• To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

The Study Explore COVID 19 Outbreak Impact Analysis

• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

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Key Points Covered in Automotive Paint Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Automotive Paint market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Automotive Paint Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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