NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET FORECAST 2019-2027

NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET FORECAST 2019-2027

  • November 2018 •
  • 65 pages •
  • Report ID: 4844219 •
  • Format: PDF
KEY FINDINGS
North America’s automotive paints and coatings market revenue are expected to reach $xx billion in the year 2018 and are anticipated to touch $xx billion in the year 2027, at the CAGR of 3.00%. The forecast period is from 2019 to 2027 and the base year deliberated for the market study is 2018. The automotive industry is flourishing rapidly in the North America region, and the industry is witnessing increased demand for eco-friendly paints and coatings, which is propelling the growth of the automotive paints and coating in the region.

MARKET INSIGHTS
The automotive paints and coatings market is segmented by technology on the basis of waterborne, solvent-borne and others.The market is also segmented into coat type which is further bifurcated on the basis of clear coat, base coat, electro-coat, and primer.

The various types of vehicles mentioned in the market are Passenger cars, light commercial vehicles and heavy commercial vehicles.The United States and Canada are the countries studied for analyzing the North America automotive paints and coating market report.

The United States holds the largest share in the region majorly due to advanced technology combined with the powerful economy with the per-capita income. Also, the increasing number of sales from the automobile industry is creating significant growth opportunities in the automotive OEMs paints and coatings, and automotive refinish paints and coatings applications in the country.

COMPETITIVE INSIGHTS
The dominant companies operating in the automotive paints and coatings market are Axalta Coating Systems, Nippon Paint Holdings Ltd., PPG Industries, The Sherwin Williams Company, Solvay Group, Kansai Paint Co. Ltd., Dowdupont Inc., Fortech Products Inc., RPM International, Basf Se, Inc., KCC Corporation, AkzoNobel, Valspar Corporation and Covestro.

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