Global Automotive Coatings Market 2015-2022: Market is Dominated by Six Companies - BASF, Axalta Coating Systems, Jotun A/S, PPG Industries, Kansai Paint, Nippon Paint


Dublin, April 25, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Automotive Coatings market - By Resin Type, Technology, Coat type, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2015-2022)" report to their offering.

The market is mainly dominated by six participants including BASF, Axalta Coating Systems, Jotun A/S, PPG Industries, Kansai Paint, Nippon Paint and AkzoNobel.Bayer AG provides environmentally friendly systems that can reduce emissions up to 90%.Axalta Coating Systems' known for its waterborne coatings has launched its Nason Finishes refinish brand in Russia. Kansai Nerolac Paint has reported 28.5% increase in net profit at Rs.84.4 crore for the quarter ended December 2015.

The global automotive coatings market is projected to grow at a healthy rate during the forecast period owing to growing demand for vehicles, development of transportation infrastructure and rapid economic growth. Ongoing product development and rising research and development investments are likely to boost the growth. However, volatile nature of raw material prices and harmful environmental impact of conventional solvent-borne coatings and related government policies are a serious constraint to this industry.

The market demand for coatings was 3,437.2 kilo tons in 2015 and is expected to exceed 5,000 kilo tons by 2022, growing at a CAGR of over 5.5% for the forecasted period.

Geographically, global automotive coatings market is segmented into North America, Europe, Asia-Pacific and LAMEA regions. Asia-Pacific region is the largest consumer and accounts for more than 35% of the global consumption.Even though Europe is presently the second-largest market in the world, North America is predicted to surpass it in the coming years owing to a significant boost in the production of vehicles.

Key Topics Covered:

1. Research Methodology
Executive Summary

2. Market Overview
Definition
Value chain analysis
Porter's 5 Forces
Regulations

3. Market Dynamics
Introduction
Drivers
Constraints
Opportunities

4. Global Automotive Coatings market Segmentation, Forecasts and Trends - by Revenue

5. By Resin type
Polyurethane
Epoxy
Acrilic
Others

6. By Technology
Solvent-borne
Water-borne
Powder Coating

7. By Coat Type
Clearcoat
Basecoat
E-coat
Primer

8. By Region
North America
US
Canada
Europe
UK
France
Spain
Italy
Others
Asia Pacific
China
India
Japan
Australia
Others
Latin America
Brazil
Argentina
Mexico
Others
Middle East and Africa
United Arab Emirates
Egypt
Saudi Arabia
South Africa
Others

9. Vendor Market Share Analysis

10. Company Profiles
Akzonobel N.V.
Bayer AG
PPG Industries Inc.
Axalta Coatings System LLC
Valspar Corporation
Arkema SA
BASF SE
Kansai Paint Co., Ltd.
Nippon Paint Holdings Co., Ltd
Solvay SA
Others

11. Industry Structure
Industry M&As, Consolidations
Investment Opportunities
Global Automotive Coatings Market- Road Ahead
Tables

For more information about this report visit http://www.researchandmarkets.com/research/c7zmn8/global_automotive



            

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