Fast Market Research announces the availability of the new TechNavio report,"Global Automotive Paints and Coatings Market 2017-2021", on their comprehensive research portal

Boston, MA -- (SBWire) -- 01/18/2017 --Automotive paints and coatings are used to enhance the exterior appearance and durability of an automobile by shielding it from harsh external conditions such as ultraviolet (UV) radiation, heat and cold, and debris. Paint and coating play a vital role in automotive decoration. It is one of the key features which can attract a consumer toward any automotive product. The selection of automotive paints and coatings by the end-users depends on the quality and aesthetic value of the coatings. The automotive manufacturers use automotive paints and coatings in the production of new vehicles (including passenger cars, light commercial vehicles, and heavy commercial vehicles), as well as for aftermarket purposes such as vehicle repair and refinishing.

Technavio's analysts forecast the global automotive paints and coatings market to grow at a CAGR of 4.95% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive paints and coatings market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of paints and coatings used in the original equipment manufacturer (OEM) and automotive refinish sectors of the automotive industry.

Get More Details on this Report and a Full Table of Contents at Global Automotive Paints and Coatings Market 2017-2021

The market is divided into the following segments based on geography:

-APAC
-Europe
-North America
-ROW

Technavio's report, Global Automotive Paints & Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Axalta Coating Systems
-BASF
-Kansai Paint
-Nippon Paint Holdings
-PPG Industries

Other prominent vendors

-3M
-AkzoNobel
-Arkema
-Berger Paints
-Covestro
-Clariant
-DuPont
-KCC
-Sherwin-Williams
-Valspar

Market driver

-Coatings specifically for fuel-efficient automotive
-For a full, detailed list, view our report

Market challenge

-New coating process technologies: A bane
-For a full, detailed list, view our report

Market trend

-Growing demand for UV-curable and nanocoatings
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Axalta Coating Systems, BASF, Kansai Paint, Nippon Paint Holdings, PPG Industries, 3M, AkzoNobel, Arkema, Berger Paints, Covestro, Clariant, DuPont, KCC, Sherwin-Williams, Valspar

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