ASIA PACIFIC AUTOMOTIVE PAINTS AND COATINGS MARKET FORECAST 2019-2027

ASIA PACIFIC AUTOMOTIVE PAINTS AND COATINGS MARKET FORECAST 2019-2027

  • November 2018 •
  • 72 pages •
  • Report ID: 4844217
KEY FINDINGS
Asia Pacific’s automotive paints and coatings market revenue are expected to reach $xx billion in the year 2019 and are expected to touch $XX billion in the year 2027, at a CAGR of 4.18%. The forecast period for the market is from 2019 to 2027 and the base year deliberated for the market study is 2018. The flourishing automobile industry and growing demand for eco-friendly paints and coatings from the automotive industry are the key drivers of automotive paints and coatings market in the Asia Pacific region.

MARKET INSIGHTS
The Automotive paints and coatings market is segmented by technology on the basis of Solvent-borne, waterborne and others.The market is also segmented by coat type on the basis of base coat, Electro coat, Clearcoat and primer.

The market is further segmented by a vehicle on the basis of Passenger cars, light commercial vehicles and heavy commercial vehicles. The markets shift towards Nano paints and increasing demand for custom made paints, and contemporary automotive paints and coatings may widen the scope of automotive paints and coatings market.

COMPETITIVE INSIGHTS
The key competing players in the automotive paints and coatings market are PPG Industries, Akzo Nobel, BASF Coatings, Nippon Paints, Axalta Coating Systems and Kansai Paints.

Companies mentioned
1. PPG INDUSTRIES INC.
2. BASF COATINGS
3. AXALTA COATING SYSTEMS
4. NIPPON PAINT HOLDINGS LTD
5. KANSAI PAINT CO. LTD.
6. THE SHERWIN-WILLIAMS
7. VALSPAR
8. AKZONOBEL
9. FORETCH PRODUCTS INC.
10. RPM INTERNATIONAL