-Global Automotive Paints and Coatings Market 2017-2021: Increasing Demand for Metallic Coating / Shifting Consumer Preferences / Improved Technological Changes - iCrowdNewswire
 
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Apr 27, 2017 4:20 PM ET

-Global Automotive Paints and Coatings Market 2017-2021: Increasing Demand for Metallic Coating / Shifting Consumer Preferences / Improved Technological Changes

iCrowdNewswire - Apr 27, 2017

M2 PRESSWIRE-April 27, 2017-Global Automotive Paints and Coatings Market 2017-2021: Increasing Demand for Metallic Coating / Shifting Consumer Preferences / Improved Technological Changes
(C)1994-2017 M2 COMMUNICATIONS

RDATE:27042017

Dublin – Research and Markets has announced the addition of the “Global Automotive Paints and Coatings Market” report to their offering.

The global automotive paints and coatings market has been estimated at USD 18.57 billion in 2016 and is projected to reach USD 24.37 billion by 2021, at a CAGR of 5.59% during the forecast period, 2016 to 2021.

The increasing demand for metallic coating, shifting consumer preferences towards the vehicle color and weight, improved technological changes; coupled with the growth of the automotive industry are expected to drive the growth of the automotive paints and coatings industry, globally. However, the market faces certain drawbacks, such as the volatility of raw material prices, and the increasing government regulations regarding environmental issues and energy cost. These factors may act as roadblocks to the growth of the market.

The global automotive paints and coatings market has been segmented, by technology, into solvent-borne, water-borne, and powder technologies. In 2015, the global share of solvent-borne coatings was the highest at 68.2%. However, with strict regulations on the VOC emissions, both consumers and producers are shifting their preferences towards water-borne and powder technology. The automotive paints and coatings market is also broadly segmented by layer into E-coat, primer, base coat, and clear coat.

Market Dynamics

Drivers

– Growth in the Automotive Industry
– Increasing Demand for Metallic Coating
– Shifting Consumer Preferences
– Improved Technological Changes

Constraints

– Increasing Government Regulations
– Volatility in Raw Material Prices

Opportunities

– Innovation in UV Technology

Some of the major companies dominating this market:

– BASF SE
– Bayer
– Cabot Corp.
– Kansai Paint Co., Ltd.
– Nippon Paint Holdings Co., Ltd.
– PPG Industries
– The Valspar Corp.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Automotive Paints and Coatings Market

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis (Market Size, Growth and Forecast)

7. Competitive Landscape

8. Company Profiles

– BASF SE
– Akzonobel N.V.
– Axalta Coating Systems
– Bayer
– Becker
– Bollig & Kemper
– Cabot Corp.
– Donglai Coating Technology (Shanghai) Co.,Ltd.
– Eastman
– Feidal Coatings
– HMG Paints Ltd.
– Jotun A/S
– Kansai Paint Co., Ltd.
– KCC Corp.
– Lord Corp.
– Nippon Paint Holdings Co., Ltd.
– PPG Industries, Inc.
– Russian Coatings Corp.
– Shanghai Coatings Co. Ltd.
– Shanghai Kinlita
– The Sherwin-Williams Co.
– The Valspar Corp.

For more information about this report visit http://www.researchandmarkets.com/research/rhv8tm/global_automotive

Contact Information:

Research and Markets,
Laura Wood,
Senior Manager.
[email protected]
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
Related Topics: Paints and Coatings (http://www.researchandmarkets.com/categories.asp?cat_id=769&campaign_id=rhv8tm), Automotive Materials (http://www.researchandmarkets.com/categories.asp?cat_id=938&campaign_id=rhv8tm)


((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.m2.com on the world wide web. Inquiries to [email protected])).

Via iCrowdNewswire
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