10 August 2020
Visiongain’s new report the Automotive Paints Market Report 2020-2030: Forecasts by Technology (Solvent-Borne, Waterborne, and Powder Coating), by Resin Type (Polyurethane, Epoxy, Acrylic, and Other Resins), by Vehicle Type (Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle), by Painting Equipment Type (Airless Spray Gun and Electrostatic Spray Gun), by Region, Country and Profiles of Leading Companies.
The lead analyst of the report said: "The automotive paints market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of automotive paints.
Automotive paints protect the vehicle parts and components from corrosion and other harmful substances. The automotive paints are made from various substances to offer vehicle metal protection from UV rays, rain droplets, oxidation, scratch resistance, and humidification from the outside environment. The automotive paints such as clearcoat, the basecoat, primer, and electrocoat are sprayed over the various processes and given according to their application in the interior and exterior part of the vehicle.
Stringent government regulation regarding environment pollutions and harmful chemicals from paints, increase in a number of manufacturing plants in developing counties, increase in production and sales of vehicles, growing consumer preference for aesthetic appeal, growing focus of OEMs towards color customization and refinish of paints, and rising number of paint manufacturers are the key factors which drive the growth of automotive paints market during the forecast period. Furthermore, the rise in-demand for powder coating in high-end vehicles, the rise in innovation and development in new painting technologies are the key opportunities for the manufacturers in the market during the forecast period.
The XX page report contains 130 tables and 330 graphs that add visual analysis in order to explain developing trends within the automotive paints market. Visiongain reports showcased a growth of $ XX bn during the forecast period 2020-2030 for the automotive paints submarkets, namely by resin type, vehicle type, painting equipment type, and technology.
Who Are The Leading 10 Automotive Paints Companies?
• Sherwin Williams
• DOW CHEMICAL
• Nippon Paint
• Guangdong Yin Fan Chemistry Co. Ltd
• BERGER PAINTS
The XX page report offers market forecasts and analysis for 24 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 15 companies leading the field in automotive paints.
The global automotive paints market 2020-2030 report will be of value to anyone who wants to better understand the automotive paints market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the automotive paints industry.
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