18.05.2015 Views

Automotive Refinish Coatings Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025: Future Market Insights

Automotive vehicles require timely maintenance and repairing to enhance the appearance and durability of vehicle by protecting them from external factors such as extreme temperature and UV radiation. For the need of refinishing the automotive refinishing coatings are frequently used in automotive aftermarket by end-users like automotive body shops and automotive repair centers. For durability, speed and perfect matching color the service providers use advance technology such as spray gun to apply primer and color coats of paints. Refinishing coatings are also applied to components and body of vehicle to protect from deterioration caused by foreign particles such as stone and other debris.

Automotive vehicles require timely maintenance and repairing to enhance the appearance and durability of vehicle by protecting them from external factors such as extreme temperature and UV radiation. For the need of refinishing the automotive refinishing coatings are frequently used in automotive aftermarket by end-users like automotive body shops and automotive repair centers. For durability, speed and perfect matching color the service providers use advance technology such as spray gun to apply primer and color coats of paints. Refinishing coatings are also applied to components and body of vehicle to protect from deterioration caused by foreign particles such as stone and other debris.

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Report Description<br />

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Some of the examples of market participants in global automotive refinish coatings<br />

market are DuPont Performance Coating, BASF SE, Kansai Paint Co. Ltd, Akzo Nobel N.V,<br />

KCC Corp, Noroo Paint <strong>Coatings</strong> Co. Ltd., PPG Industries Inc., <strong>and</strong> Matrix System<br />

<strong>Automotive</strong> Finishes.<br />

In future, global automotive refinish market is expected to grow significantly in terms of<br />

volume <strong>and</strong> value. This growth will give rise to new product development with enhanced<br />

properties like quick drying, cost-efficient <strong>and</strong> high performance coatings.

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