Navigation Links
Automotive Paints Market Worth 998.7 Million Gallons by 2018 with Revenue of $11.7 Billion - New Report by MarketsandMarkets
Date:9/23/2013

(PRWEB) September 23, 2013

The report, “Automotive Paints Market by Coat Type (Electrocoat, Primer, Basecoat, & Clearcoat), by Technology (Solvent-borne, Waterborne, & Powder Coating), Texture Type (Metallic & Solid), Vehicle Type & Geography - Global Trends & Forecast to 2018” defines and segments the automotive coating market with analysis and forecasting of the global volume and revenue.

Browse 126 market data tables and 66 figures spread through 341 pages and in-depth TOC on “Automotive Paints Market by Coat Type (Electrocoat, Primer, Basecoat & Clearcoat), by Technology (Solvent-borne, Waterborne & Powder Coating), Texture Type (Metallic & Solid), Vehicle Type & Geography - Global Trends & Forecast to 2018”.
http://www.marketsandmarkets.com/Market-Reports/automotive-paints-market-1246.html

Early buyers will receive 10% customization on this report.

Asia-Oceania: Largest Market for Automotive Coating with Highest Revenues

Asia-Oceania is the region which produces maximum number of vehicles as compared to other geographies. It is estimated that more than 47.2 million vehicles would be produced in 2013, growing with a CAGR of 7.85% for the next five years. The increasing numbers of vehicle production makes Asia-Oceania the most important market for the automotive coating industry. In addition, the strong presence of many local automotive coating companies, such as Nippon Paint (Japan), Kansai Paint (Japan), KCC Paint (South Korea), etc. would help to fuel the market growth for coatings in this region. Other than local players, many key global automotive coatings companies such as PPG Industries (U.S.), BASF (Germany), Axalta Coating Systems (U.S.), and others have their presence in the Asia-Oceania region, which would also influence the total market demand for automotive coatings. Some of the above players have set up joint ventures with local manufacturers to enhance their presence on country level.

North America: Automotive Coatings Growing at Promising Rates

North America is the third largest vehicle producer in the world and it is anticipated that about 17.9 million units of vehicles would be produced in North America in 2013. It is projected that by 2018, it will bypass Europe and would become the second largest vehicle producer in the world growing with a CAGR of 7.50%. This increased growth rate is due to the rapid boost in the production of vehicles across North American countries. The market for eco-friendly coatings such as waterborne and powder coating is expected to grow at a promising rate for the next five years. The reason behind this growth is the concerns regarding the environmental hazards caused by solvent-borne coating, due to which environmental agencies and governmental institutions have issued regulations and guidelines to minimize the use of automotive coatings which contain high VOCs content. The major key local automotive coatings companies are PPG Industries (U.S.), Axalta Coating Systems (U.S.), Eastman Chemical (U.S.), Sherwin-Williams (U.S.), etc. and they have major presence in the North American market.

Europe: Stable Growth Rate

The automotive industry in Europe is recovering from the slowdown it faced in 2009 and it is anticipated that it would grow with a steady rate for the period under study. Europe is the second largest vehicle producer in the world and it is estimated that about 18.4 million units would be manufactured in 2013, which would grow with a CAGR of 4.15% for the next five years. The Automotive Paints Market is projected to grow with a steady growth rate but the eco-friendly coatings would be growing with a promising CAGR for the period under study. The norms and regulations regarding the content of VOCs have also enhanced the growth for eco-friendly coatings in Europe. The key automotive coating players in Europe are BASF (Germany), AkzoNobel (The Netherlands), Bayer (Germany), Beckers (Germany), Royal DSM (The Netherlands), etc.

The report covers the global automotive coating market in terms of volume of consumption (million gallons) and revenue ($million) across regions such as Asia-Oceania, Europe, North America, and Rest of the World (ROW). It explains qualitative and quantitative aspects of automotive coatings with respect to its types and technologies used. The report briefly explains the automotive coating market on the basis of geography, vehicle type, coat types, technology, and texture type from 2013 to 2018.

The report also shows an overview of the technical as well as other important aspects of the automotive coating market. It includes an analysis of the value chain, Porters’ five forces analysis and PESTLE analysis, the competitive landscape, and company profiles. In addition to this, 22 key players in the market have also been profiled.

Browse related reports

Variable Valve Timing Market (Cam phasing, Variable Valve Actuation (VVA)) & Start-Stop Systems (Direct Starter, Enhanced Starter, Belt-driven Alternator Starter (BAS), Integrated Starter Generator (ISG)) Market Global Trends & Forecast by Technology & Geography to 2018
http://www.marketsandmarkets.com/Market-Reports/variable-valve-timing-vvt-market-1206.html

Automotive Lighting Market: by Position (Front, Rear, Side, & Interior), Technology (Halogen, Xenon/HID, & LED), Vehicle Type, & Geography - Global Trends & Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/automotive-lighting-market-1133.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/automotive-transportation.
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets.

Read the full story at http://www.prweb.com/releases/automotive-paints/market/prweb11149804.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Sensors Market for Automotive Applications Worth $33.59 Billion by 2022 – New Report by MarketsandMarkets
2. Automotive Marketing Firm Force Marketing Now a Dataium Certified Partner
3. Combined Market for Automotive HVAC and Cabin Comfort Systems Market worth 596 Million Units and $124 Billion by 2018 - New Report by MarketsandMarkets
4. Automotive Plastics Market for Passenger Cars (Polypropylene plastic, Composites plastic) Worth $46,112 Million by 2018 - New Report by MarketsandMarkets
5. Asbury Automotive Group's Craig Monaghan Shares Insights with CBT News
6. Technological advancement is opening new doors to the growth of Pressure Sensors for automotive and medical applications - New Report by MarketsandMarkets
7. Tom Gonter to Drive Sales at Retail Automotive News Organization CBT News
8. Automotive Brake System Market to Reach $28.5 Billion by 2018 at a CAGR of 7.14% - New Report by MarketsandMarkets
9. Study paints complex health portrait of single-room occupancy hotel tenants in Downtown Eastside
10. Orlando Hair Salon True Envy Paints The Town With The New Weekly Nail Polish System From The Innovators of CND Shellac™
11. Explorys Ranked As Top Market Leader in Chilmark 2013 Clinical Analytics for Population Health Market Trends Report
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/20/2017)... (PRWEB) , ... January 20, 2017 , ... Michael and ... Dana Farber Cancer Institute. For Betsy, the clinical trial has been life-saving as ... has not worsened. , Betsy Brauser was diagnosed with ovarian cancer in 2009. ...
(Date:1/20/2017)... New York, NY (PRWEB) , ... January 20, ... ... drinks – VW+ 001 and its sugar-free alternative VW+ 002. The drinks have ... the body with optimal conditions to perform during your workout. , After a ...
(Date:1/20/2017)... ... January 20, 2017 , ... “The Angel”: a heartwarming and earnest ... for each of his children. “The Angel” is the creation of published author, Marjorie ... York City, and impassioned writer. , When asked of her new book, Marjorie says, ...
(Date:1/20/2017)... ... ... fine examination of how God handles sin, including how to let go of lingering guilt ... over ten long years has been waiting to release this powerful insight about forgiveness that ... serving the Lord for over twenty years, and he has been preaching and teaching the ...
(Date:1/20/2017)... (PRWEB) , ... January 20, 2017 , ... “Christmas in ... creation of published author, Sara Seymour, who lives in Lafayette, Indiana where she works ... sips on iced coffees and writes. , Published by Christian Faith Publishing, Sara Seymour’s ...
Breaking Medicine News(10 mins):
(Date:1/19/2017)... James Gilbart , ... 2016;12(Suppl 2):3-8; http://www.touchoncology.com/articles/optimising-clinical-outcomes-gastrointestinal-cancers-through-inhibiting-angiogenesis-and ... ... recently in a supplement to European Oncology & ... article by James Gilbart and ...
(Date:1/19/2017)... -- ViewRay, Inc. (Nasdaq: VRAY) announced today that the German ... Germany , has purchased a MRIdian ... Clinic Heidelberg as part of its initiative for MRI-based ... be headed by Medical Director and Professor Jürgen Debus, ... German Cancer Research Center (DKFZ), the Heidelberg Heavy Ion ...
(Date:1/19/2017)... PALO ALTO, Calif. , Jan. 19, 2017 /PRNewswire/ ... scientific research, is excited to announce that the ... Project: Cancer Biology  (RP:CB) have been published in ... science, this project represents the first practical evaluation ... that result in reproducible studies. Unlike other assessments ...
Breaking Medicine Technology: