Automotive Refinish Coatings Market Trends, Revenue, Key Players, Growth, Share and Forecast Till 2027

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The changing lifestyle and buying behaviour of people, a rise in disposable income, and the growing demand for luxury vehicles are some the factors influencing the market growth. Market Size – USD 8.73 billion in 2019, Market Growth - CAGR of 3.7%, Market trends –Growth of environment-

The Global Automotive Refinish Coatings Market Report, published by Emergen Research, offers an industry-wide assessment of the Automotive Refinish Coatings market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2027.

The GlobalAutomotive Refinish Coatings Marketis expected to reach USD 11.69 Billion by 2027, according to a new report by Emergen Research. The market for automotive refinish is growing due to the rise in disposable income, change in lifestyle and buying behaviour of the consumers, and the growing demand for luxury vehicles.

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The latest report is the most recent study that offers 360° coverage of the Automotive Refinish Coatings industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Automotive Refinish Coatings market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

Competitive Terrain:

The Global Automotive Refinish Coatings Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows

PPG Industries Inc., The Sherwin Williams Company, Axalta Coating Systems Ltd., AkzoNobel N.V, BASF SE, Matrix System Automotive Finishes, Kansai Paints Co. Ltd., Mitsui Chemicals, Nippon Paint Holding Co. Ltd., and Berger Paints India Ltd.

Segmental Analysis

The global Automotive Refinish Coatings market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Automotive Refinish Coatings sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

  • Resin Type Outlook (Revenue, USD Billion; 2017-2027)

    • Epoxy
    • Alkyd
    • Polyurethane
    • Others
  • Product Outlook (Revenue, USD Billion; 2017-2027)

    • Primer
    • Basecoat
    • Clearcoat
    • Activator
    • Filler
    • Putty
  • Technology Outlook (Revenue, USD Billion; 2017-2027)

    • Solvent-borne Coatings
    • Water-borne Coatings
    • UV-cured Coatings

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Regional Analysis:

This section of the report offers valuable insights into the geographical segmentation of the Automotive Refinish Coatings market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.

The report classifies the global Automotive Refinish Coatings market into various regions, including:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

Report Highlights:

  • The report conducts a comparative assessment of the leading market players participating in the global Automotive Refinish Coatings market.
  • The report marks the notable developments that have recently taken place in the Automotive Refinish Coatings industry
  • It details on the strategic initiatives undertaken by the market competitors for business expansion.
  • It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Automotive Refinish Coatings market value chain.
  • The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.

Key questions addressed in the report:

  • Who are the leading players dominating the global Automotive Refinish Coatings Market?
  • Which factors could potentially hamper the global market growth during the forecast period?
  • Which regional market offers the most attractive growth opportunities to the companies operating in this market?
  • How is the raw material availability affecting the demand for Automotive Refinish Coatings in this industry vertical?

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