Automotive coatings are used on automobiles for the purpose of protection and decoration. They are used to provide the protection from environment and durability. The waterborne coatings have low VOC level due to which they have low toxicity and flammability. They are used to offer high performance at high temperature and to protect against corrosion.
The Automotive Speciality Coatings market research report on the worldwide Automotive Speciality Coatings market moreover offers a sequential factsheet identifying with the deliberately mergers, acquirements, joint endeavor exercises, and organizations across the board in the Automotive Speciality Coatings market. To achieve an unmistakable view of the principle competitors in the industry, this Automotive Speciality Coatings market research report is an ideal solution. It concentrates on significant viewpoints that incorporate but are not constrained to interest in a rising business sector, achievement of another product, and development of market share. This Automotive Speciality Coatings report likewise covers significant angle which is focused insight and with this organizations can increase upper hand to flourish in the market.
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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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. Few of the major competitors currently working in the automotive speciality coatings 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.
Segmentation: Global Automotive Speciality Coatings Market
- By Applications
- Engine & Exhaust
- Wheel Rims
- By Type
- Solvent- Borne
- Powder Coatings
- By Resin Type
- By Substrate
- By Electric & Hybrid Vehicle Type
- By Vehicle Type
- Passenger Car
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
- North America
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.
Target Audience of Automotive Specialty Coatings Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
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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
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