Pune, India -- (SBWIRE) -- 06/08/2018 -- The Global Automotive Coatings Market has seen a remarkable growth over the past few years and it has been expected that the global market will keep on growing during the forecast period. Automotive Coatings are particularly used in the automotive and transportation industry. The Global Automotive Coatings Market is mainly driven by the growing Automotive Industry which in turn has increased the demand for automotive coatings. The major factors behind the growth of global Automotive Coatings market are increase in the number of vehicles, growing automotive as well as transportation industry, technological advancement and others. As per analysis, APAC is expected to account the highest growth during the forecast period due to the presence of global players, rising disposable income and emerging economies. The Global Automotive Coatings Market is expected to reach US$ 18.2 Billion at the end of the forecasted period and is expected to grow at CAGR of more than 8% from 2016 to 2022.

Regional Analysis

"Asia-Pacific is projected to be the largest market during the forecast period"

Geographically, Asia-Pacific is expected to be the largest market for Automotive Coatings accounting more than total market. This growth is majorly attributed to the growing population which in turn has increased the need of vehicles, increasing disposable income as well as urbanization, presence of global players, and emerging economies have been fueling the demand of APAC region. Europe and North America stands themselves on second and third position.

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We recognize the key players in the Global Automotive Coatings Market as include BASF SE, Bayer AG, DuPont, Solvay, Arkema, Nippon Paint Holdings, PPG Industries, Kansai Paint, AkzoNobel, Royal DSM and among others. This report includes the product portfolios of the same.

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Automotive Coatings Market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

Scope of the study

The scope of the study categorizes the Automotive Coatings Market as product type, technology and material.

By Product Type

Primer
Electrocoat
Clearcoat
Basecoat

By Technology

Waterborne Coatings
Solventborne Coatings
By Material
Plastic
Metallic

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