Automotive Coatings Market Anticipated for Progressive CAGR Growth during 2017-2022

On the basis of product the Automotive Coatings market is segmented into clearcoat,
primer, basecoat and electrocoat. On the basis of technology the market is segmented
into Powder Coating, Waterborne Coatings, UV-cured Coatings and Solventborne Coatings.
On the basis of application the market is segmented into metal parts and plastic parts. On
the basis of end user the market is segmented into Commercial Vehicle OEM, Light Vehicle
OEM and Automotive Refinish. The major players in the market are Wilh Becker Holding
Gmbh, Kansai Paint, Lord Corporation, BASF, Berger Paints, Cabot Corporation, DSM,
Williams Company, Bayer Cropscience Limited and Valspar Corporation. Geographically,
the​ ​market​ ​is​ ​segmented​ ​into​ ​Asia​ ​Pacific,​ ​North​ ​America,​ ​Europe​ ​and​ ​Rest​ ​of​ ​the​ ​world.
Key​ ​findings​ ​of​ ​the​ ​Automotive​ ​Coatings​ ​market
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Waterborne coatings market requirement is expected to witness solid development
in light of stringent controls relating to the utilization of solvent borne innovation.
Furthermore, outstanding properties, for example, stain resistance, corrosion
resistance, adhesion, flexibility, low flammability, and toxicity and hardness are
relied​ ​upon​ ​to​ ​surge​ ​item​ ​requirement​ ​throughout​ ​the​ ​following​ ​years.
In 2015 North America added to 22.7 percent of the general income share and is
assessed to witness development because of rising requirement for utility vehicles
and​ ​pickup​ ​trucks​ ​in​ ​the​ ​area.
Central and South America is anticipated to see significant income development
inferable from expanding little auto creation in Brazil. Besides, major automobile
producers including Hyundai, General Motors and Volkswagen have been moving
their base to the district inferable from less operation costs, which are anticipated
to​ ​boost​ ​in​ ​market​ ​development.
Axalta established a new R&D technology center in Shanghai In April 2015 with the
aim to create new items for the global light vehicle OEM, commercial vehicle,
refinish​ ​and​ ​industrial​ ​consumers.
Make​ ​Inquiry​ ​about​ ​Report:
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Key​ ​Market​ ​Players:
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Wilh​ ​Becker​ ​Holding​ ​Gmbh
​ ​Kansai​ ​Paint
​ ​Lord​ ​Corporation
​ ​BASF
​ ​Berger​ ​Paints
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