The Global Automotive Paints & Coatings Market is anticipated to grow at a CAGR of 6.2% from 2018 to 2025 and will Reach USD 14493.01 Million By 2025, claims a new report added by Big Market Research
Global Automotive Paints & Coatings Market valued approximately USD 8957 million in 2017 is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2018-2025. The major driving factors of automotive paints & coatings is constant improvement in their property and functionality. The proven ability of paints and coatings to increase the durability, presentation, and performance of end-products is the primary driver of the market for the same. Moreover, growing requirement of automotive refinish owing to vehicle maintenance and repair will stimulate the demand for paints & coatings over the upcoming years.
This report focuses on the Global Automotive Paints & Coatings Market, especially in North America, Europe, Asia-Pacific, Latin America and Rest of the World. This report classifies the market based on manufacturers, regions, type, and application. Moreover, the competitive scenario in different areas is outlined in the report to assist leading market players, new entrants, and stakeholders to determine emerging economies.
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The report offers key insights which include:
- Product scope, market overview, market opportunities, market driving force, and market risks.
- Detailed qualitative and quantitative analysis of recent trends and future estimates that help evaluate the prevailing market opportunities.
- An extensive analysis of the market based on key product positioning and the top competitors within the market framework.
- Detailed information related to Global Automotive Paints & Coatings Market sector based on the regions, sales, revenue, and growth of the market during the forecast period.
- Recent developments, trends, and opportunities in the Global Automotive Paints & Coatings Market.
- Company profiles and 2018—2025 market shares for key merchants active in the market.
- Key segments of the Global Automotive Paints & Coatings Market sector
The key product type of the market:
By Coat Type:
- Solvent Borne
- Water Borne
- Base Coat
- Electro Coat
- Clear Coat
The Key Players for Global Automotive Paints & Coatings Market Report Include: Akzonobel N.V., BASF SE, Axalta Coating Systems, Bayer, Cabot Corp, Donglai Coating Technology, Eastman, Feidal coatings, Nippon Paint Holdings Co. Ltd, PPG Industries, Inc. and so on.
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The research presents the performance of each player operating in the industry. In addition, the report offers an overview of recent developments of each player in the market.
In this report, analysts have clearly mentioned that the Global Automotive Paints & Coatings Market has attained significant growth since 2025. Stakeholders, investors, product managers, marketing executives, and other professionals in search of realistic information on supply, demand, and future estimates would find the report valuable.
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