Automotive_Refinish_Coatings_Market_will_Grow_Globally_at_a_CAGR_of_6%_during_the_period_of_2015_–_2021_-_by_Market_Research_Engine
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<strong>Automotive</strong> <strong>Refinish</strong> <strong>Co<strong>at</strong>ings</strong> <strong>Market</strong> <strong>will</strong> <strong>Grow</strong> <strong>Globally</strong> <strong>at</strong> a <strong>CAGR</strong> <strong>of</strong> <strong>6%</strong> <strong>during</strong><br />
<strong>the</strong> <strong>period</strong> <strong>of</strong> <strong>2015</strong> <strong>–</strong> <strong>2021</strong> - <strong>by</strong> <strong>Market</strong> <strong>Research</strong> <strong>Engine</strong><br />
New York, July 04: <strong>Market</strong> <strong>Research</strong> <strong>Engine</strong> has published a new report titled as<br />
“<strong>Automotive</strong> <strong>Refinish</strong> <strong>Co<strong>at</strong>ings</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share,<br />
<strong>Grow</strong>th, Trends and Forecast 2016 - 2023”<br />
The <strong>Automotive</strong> vehicles need to be repaired <strong>at</strong> a frequency as <strong>the</strong>re are damages caused<br />
due to external factors such as stones, damages due to accidents and o<strong>the</strong>r reasons. The<br />
market witnessed a vast growth in <strong>the</strong> last 5 to 6 years due to <strong>the</strong> increase in <strong>the</strong> number <strong>of</strong><br />
<strong>the</strong> vehicle collisions and <strong>the</strong> inclin<strong>at</strong>ion <strong>of</strong> <strong>the</strong> people to repair <strong>the</strong>m.<br />
Browse Full Report: http://www.marketresearchengine.com/reportdetails/automotiverefinish-co<strong>at</strong>ing-market<br />
The key market players have adopted different str<strong>at</strong>egies to boost <strong>the</strong> market. Acquisition<br />
and expansion are one <strong>of</strong> <strong>the</strong> best str<strong>at</strong>egies to boost <strong>the</strong> market. Asia Pacific is <strong>the</strong> largest<br />
consumer <strong>of</strong> <strong>the</strong> automotive refinish market which accounts for more than 35% <strong>of</strong> <strong>the</strong> total<br />
consumption.<br />
The global automotive refinish co<strong>at</strong>ings market is expected to grow <strong>at</strong> a <strong>CAGR</strong> <strong>of</strong> 6 % <strong>during</strong><br />
<strong>the</strong> forecast <strong>period</strong> (<strong>2015</strong><strong>–</strong><strong>2021</strong>) and would reach $11 billion <strong>by</strong> <strong>2021</strong>.<br />
The major driving factors <strong>Automotive</strong> <strong>Refinish</strong> Co<strong>at</strong>ing <strong>Market</strong>s are as follows:<br />
• Increasing number <strong>of</strong> accidents, adoption <strong>of</strong> newer technologies and rising disposable<br />
income in <strong>the</strong> developing economies.<br />
• <strong>Grow</strong>ing demand <strong>of</strong> recre<strong>at</strong>ional vehicles in <strong>the</strong> developed regions <strong>of</strong> North America<br />
and Europe.<br />
The restraints factors <strong>of</strong> <strong>Automotive</strong> <strong>Refinish</strong> co<strong>at</strong>ing market are as follows:<br />
• Government regul<strong>at</strong>ions on <strong>the</strong> utiliz<strong>at</strong>ion <strong>of</strong> high vol<strong>at</strong>ile organic compounds (VOC)<br />
level co<strong>at</strong>ings is increasing which may affect <strong>the</strong> growth <strong>of</strong> solvent-borne market.<br />
The <strong>Automotive</strong> <strong>Refinish</strong> Co<strong>at</strong>ing market is segmented based on Product type such as<br />
Primer Baseco<strong>at</strong>, Clearco<strong>at</strong>, Activ<strong>at</strong>or, Filler & Putty, O<strong>the</strong>rs. The <strong>Automotive</strong> <strong>Refinish</strong><br />
Co<strong>at</strong>ing market is segmented based on Technology as Solvent-borne <strong>Co<strong>at</strong>ings</strong>, W<strong>at</strong>er-borne<br />
<strong>Co<strong>at</strong>ings</strong>, UV-cured <strong>Co<strong>at</strong>ings</strong>. The <strong>Automotive</strong> <strong>Refinish</strong> Co<strong>at</strong>ing market is segmented based<br />
on Resin as Polyurethane, Alkyd, Acrylic, O<strong>the</strong>rs.<br />
The <strong>Automotive</strong> <strong>Refinish</strong> Co<strong>at</strong>ing market geographic segment<strong>at</strong>ion covers various regions<br />
such as North America, Europe, Asia Pacific, L<strong>at</strong>in America, Middle East and Africa. Each<br />
geography market is fur<strong>the</strong>r segmented to provide market revenue for select countries such<br />
as <strong>the</strong> U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.<br />
This report provides:
1) An overview <strong>of</strong> <strong>the</strong> global <strong>Automotive</strong> <strong>Refinish</strong> Co<strong>at</strong>ing <strong>Market</strong> and rel<strong>at</strong>ed technologies.<br />
2) Analyses <strong>of</strong> global market trends and projections <strong>of</strong> compound annual growth r<strong>at</strong>es<br />
(<strong>CAGR</strong>s) through 2020.<br />
3) Identific<strong>at</strong>ions <strong>of</strong> new market opportunities and targeted promotional plans for<br />
<strong>Automotive</strong> <strong>Refinish</strong> Co<strong>at</strong>ing <strong>Market</strong>.<br />
4) Discussion <strong>of</strong> research and development, and <strong>the</strong> demand for new products and new<br />
applic<strong>at</strong>ions.<br />
5) Comprehensive company pr<strong>of</strong>iles <strong>of</strong> major players in <strong>the</strong> industry.<br />
REPORT SCOPE:<br />
The scope <strong>of</strong> <strong>the</strong> report includes a detailed study <strong>of</strong> global and regional markets for various<br />
types <strong>of</strong> <strong>Automotive</strong> <strong>Refinish</strong> Co<strong>at</strong>ing market with <strong>the</strong> reasons given for vari<strong>at</strong>ions in <strong>the</strong><br />
growth <strong>of</strong> <strong>the</strong> industry in certain regions.<br />
The report covers detailed competitive outlook including <strong>the</strong> market share and company<br />
pr<strong>of</strong>iles <strong>of</strong> <strong>the</strong> key participants oper<strong>at</strong>ing in <strong>the</strong> global market. Key players pr<strong>of</strong>iled in <strong>the</strong><br />
report include Axalta Co<strong>at</strong>ing Systems, BASF SE, Kansai Paint Co. Ltd., Mitsui Chemicals,<br />
PPG Industries, Inc., Nippon Paints, Sherwin Williams, 3M Co. and M<strong>at</strong>rix System<br />
<strong>Automotive</strong> Finishes. Company pr<strong>of</strong>ile includes assign such as company summary, financial<br />
summary, business str<strong>at</strong>egy and planning, SWOT analysis and current developments.<br />
The Top Companies Report is intended to provide our buyers with a snapshot <strong>of</strong> <strong>the</strong><br />
industry’s most influential players.<br />
<strong>Market</strong> segment<strong>at</strong>ion <strong>of</strong> <strong>Automotive</strong> <strong>Refinish</strong> Co<strong>at</strong>ing <strong>Market</strong>:<br />
<strong>Market</strong> <strong>by</strong> Product Types<br />
• Primer<br />
• Baseco<strong>at</strong><br />
• Clearco<strong>at</strong><br />
• Activ<strong>at</strong>or<br />
• Filler & Putty<br />
• O<strong>the</strong>rs<br />
<strong>Market</strong> <strong>by</strong> Technology<br />
1. Solvent-borne <strong>Co<strong>at</strong>ings</strong><br />
2. W<strong>at</strong>er-borne <strong>Co<strong>at</strong>ings</strong><br />
3. UV-cured <strong>Co<strong>at</strong>ings</strong><br />
<strong>Market</strong> <strong>by</strong> Resin<br />
• Polyurethane<br />
• Alkyd<br />
• Acrylic<br />
• O<strong>the</strong>rs<br />
<strong>Market</strong> <strong>by</strong> Geography<br />
• North America<br />
• Europe<br />
• Asia-Pacific<br />
• LAMEA<br />
Reasons to buy this Report:
1) Obtain <strong>the</strong> most up to d<strong>at</strong>e inform<strong>at</strong>ion available on all active and planned <strong>Automotive</strong><br />
<strong>Refinish</strong> Co<strong>at</strong>ing <strong>Market</strong> globally.<br />
2) Identify growth segments and opportunities in <strong>the</strong> industry.<br />
3) Facilit<strong>at</strong>e decision making on <strong>the</strong> basis <strong>of</strong> strong historic and forecast <strong>of</strong> <strong>Automotive</strong><br />
<strong>Refinish</strong> Co<strong>at</strong>ing <strong>Market</strong> industry and unit capacity d<strong>at</strong>a.<br />
4) Assess your competitor’s refining portfolio and its evolution.<br />
O<strong>the</strong>r <strong>Research</strong> Report:<br />
<br />
Smartw<strong>at</strong>ches <strong>Market</strong> (By Price Range - High-end Smartw<strong>at</strong>ches, Mid-end<br />
Smartw<strong>at</strong>ches, and Low-end Smartw<strong>at</strong>ches; By Oper<strong>at</strong>ing System - Android Wear,<br />
W<strong>at</strong>ch OS, and O<strong>the</strong>rs) - Global Industry Analysis, Size, Share, <strong>Grow</strong>th, Trends and<br />
Forecast 2014 - 2020<br />
http://www.marketresearchengine.com/reportdetails/smartw<strong>at</strong>ch-market<br />
<br />
mHealth Services (Prevention, Monitoring, Diagnostic, Tre<strong>at</strong>ment, Inform<strong>at</strong>ion and<br />
reference, Wellness, and Healthcare streng<strong>the</strong>ning services) <strong>Market</strong> - Global Industry<br />
Analysis, Size, Share, <strong>Grow</strong>th, Trends and Forecast 2014 - 2020<br />
http://www.marketresearchengine.com/reportdetails/mobile-health-market<br />
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