Global automotive speciality coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive speciality coatings market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
The data and the information regarding the Global Automotive Speciality Coatings Market industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. The report also delivers the market analysis based on geographical segmentation of the market to comprehend the regional development throughout the world.To provide the analytical information in an easily understandable way, the experts have included graphs, figures, flowcharts, diagrams, facts, as well as realistic and statistical examples in the Global Automotive Speciality Coatings Market report.
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:
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.
Automotive Specialty Coatings Market With Key Segments:
By Applications (Engine & Exhaust, Interior, Transmission, Wheel Rims)
By Type (Solvent- Borne, Waterborne, Powder Coatings)
By Resin Type (Polyurethane, Epoxy, Acrylic)
By Substrate (Metal, Plastic), Electric & Hybrid Vehicle Type (HEV, PHEV, BEV), Vehicle Type (Passenger Car, LCV, HCV)
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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
Key questions answered in the Automotive Specialty Coatings Market report:
- What will the Automotive Specialty Coatings Market Size and the Growth rate be in 2026?
- What are the key market trends impacting the growth of Automotive Specialty Coatings Market?
- Who are the global key manufacturers of Automotive Specialty Coatings industry: Company Introduction, Product Specification and Major Types Analysis, Production Market Performance, Sales Market Performance, Contact Information.
- What are the types and applications of Automotive Specialty Coatings Market? What is the market share of each type and application: production, revenue, price, Market Size (Sales) Market Share by Type.
- What are the upstream raw materials and manufacturing equipment of Automotive Specialty Coatings Market?
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