The Automotive Specialty Coatings Market report helps the user to strengthen decisive power to plan their strategic moves to launch or expand their businesses by offering them a clear picture of this market. It provides key statistics on the market status of manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Analysis of the value chain helps analyze major raw materials, major equipment, production processes, customer analysis and major Automotive Specialty Coatings Market distributors. The report includes data on the consumer perspective, comprehensive analysis, statistics and market share, performance of the company, historical analysis from 2019 to 2026, volume, revenue, YOY growth rate and CAGR forecast for 2026. It also provides explicit information in recent years about mergers, acquisitions, joint ventures and other important market activities. The report also includes a detailed description, a competitive scenario, a wide range of market leaders and business strategies adopted by competitors with their analysis of SWOT. The report also provides Porter analysis, PESTEL analysis and market attractiveness, helping to better understand the macro-and micro-level market scenario.
Global Automotive Speciality Coatings Market is expected to rise from its initial estimated value of USD 2.97 billion in 2018 to an estimated value of USD 3.85 billion by 2026, registering a CAGR of 3.31% in the forecast period of 2019-2026. Advancement in the coating technology is the major factor for the growth of this market.
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Leading Players Of Automotive Specialty Coating Market Are:
Few of the major competitors currently working in the automotive speciality coatings market are Akzo Nobel N.V., Axalta Coatings Systems, Cabot Corporation, Carboline Company, Coolshield International Pty., Ltd, Delta T & Protective Products, Excel Enterprise, General Coatings, Jotun, Kansai Nerolac Paints Limited, Lincoln Industries, Mascoat, Mathur Corr Tech Private Limited, Nippon Paint Holdings Co., Ltd., Sharpshell Industrial Solutions.
Market Drivers: Automotive Specialty Coatings Market
- Increasing production of the vehicles worldwide is driving the market
- Increasing demand for specialty coating among consumer is driving the market.
Market Restraints: Automotive Specialty Coatings Market
- Increase in the fuel cell electric vehicle and battery electric vehicle is the major factor restraining the growth of this market.
Segmentation: Global Automotive Speciality Coatings Market
- By Applications
- Engine & Exhaust
- Wheel Rims
- By Type
- Solvent- Borne
- Powder Coatings
- By Resin Type
- By Substrate
- By Electric & Hybrid Vehicle Type
- By Vehicle Type
- Passenger Car
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
Target Audience of Automotive Specialty Coatings Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Developments in the Market: Automotive Specialty Coatings Market
- In August 2018, Ferrari introduced their new low temperature system, which makes the Prancing Horse the world’s first manufacturer to adopt low cure clear coats technology. This new paint system reduces the energy cost and enhances sustainability as it has formulated clear coat which makes it possible for the car to bake at 100 degree instead of 150 degrees.
- In January 2019, Nippon Paint announced the launch of their unique car painting and car care centre concept- Nippon Paint X’press in India. This will provide world class body and paint repair and car care services.
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Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
Products of the report
- Historical and current market size and projection up to 2025.
- Competitive landscape
- Potential and niche segments/regions exhibiting promising growth
- The study provides an in-depth analysis of the global Automotive Specialty Coatings Market and current & future trends to elucidate imminent investment pockets.
- Analyze and forecast Automotive Specialty Coatings Market on the basis of type, function and application.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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