Global Automotive Speciality Coatings Market report also includes historic data, present and future market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. All the data, statistics, and information collected in the report has been studied and analysed with the demonstrated tools and techniques such as SWOT analysis and Porter’s Five Forces analysis. The report highlights the major market events including market players, latest trends, technological advancements and growth opportunities in the global market that helps industry experts and investors to take vital business decisions.
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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Leading Players Of Automotive Specialty Coating 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
- Kansai Nerolac Paints Limited
- Lincoln Industries
- Mathur Corr Tech Private Limited
- Nippon Paint Holdings Co., Ltd.
- Sharpshell Industrial Solutions.
Key Developments in the Market: Automotive Specialty Coatings Market
- In August 2018, Ferrari introduced their new low temperature system, which makes the Prancing Horse the world’s first manufacturer to adopt low cure clear coats technology. This new paint system reduces the energy cost and enhances sustainability as it has formulated clear coat which makes it possible for the car to bake at 100 degree instead of 150 degrees.
- In January 2019, Nippon Paint announced the launch of their unique car painting and car care centre concept- Nippon Paint X’press in India. This will provide world class body and paint repair and car care services.
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.
Automotive Specialty Coatings Market With Key Segments:
By Applications (Engine & Exhaust, Interior, Transmission, Wheel Rims)
By Type (Solvent- Borne, Waterborne, Powder Coatings)
By Resin Type (Polyurethane, Epoxy, Acrylic)
By Substrate (Metal, Plastic), Electric & Hybrid Vehicle Type (HEV, PHEV, BEV), Vehicle Type (Passenger Car, LCV, HCV)
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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
Key questions answered in the Automotive Specialty Coatings Market report:
- What will the Automotive Specialty Coatings Market Size and the Growth rate be in 2026?
- What are the key market trends impacting the growth of Automotive Specialty Coatings Market?
- Who are the global key manufacturers of Automotive Specialty Coatings industry: Company Introduction, Product Specification and Major Types Analysis, Production Market Performance, Sales Market Performance, Contact Information.
- What are the types and applications of Automotive Specialty Coatings Market? What is the market share of each type and application: production, revenue, price, Market Size (Sales) Market Share by Type.
- What are the upstream raw materials and manufacturing equipment of Automotive Specialty Coatings Market?
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Focus of the report:
- The study provides an in-depth analysis of the global Automotive Specialty Coatings Market and current & future trends to elucidate imminent investment pockets.
- Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
- Analyze and forecast Automotive Specialty Coatings Market on the basis of type, function and application.