Automotive Refinish Coatings Market research report provides details on key factors such as drivers, opportunities and trends expected to have a major impact on the market during the forecast period 2019-2026. It also highlights such information. Expansion and growth rates to help business owners and manufacturers plan strategies to smoothly achieve their goals in the near future. Researchers have thoroughly researched historical markets to provide insights into current market scenarios and to help companies get more information.
Global Automotive Refinish Coatings Market is expected to rise from its initial estimated value of USD 9.75 billion in 2018 to an estimated value of USD 16.07 billion by 2026, registering a CAGR of 6.45% in the forecast period of 2019-2026. This rise of market value can be attributed to the high number of road collisions worldwide and the need for repair & maintenance of these vehicles afterwards.
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Market Drivers and Restraints:
- High levels of road accidents & collisions, which invokes the need for repair & maintenance of the vehicles is expected to drive the market growth
- Increase in disposable income and increasing preference of aftermarket modifications of the vehicle is also expected to drive the market growth
- Increase in VOC (volatile organic compounds) emissions during the production and preparation of the substrate surface of the vehicles is expected to restrain the market growth amid concerns and awareness regarding the environment
- Stringent regulations and revaluation of these regulations amid the emissions associated with these products is also expected to restrain the market growth
Key Players: Global Automotive Refinish Coatings Market Market
Axalta Coating Systems LLC, BASF SE, PPG Industries Inc., Kansai Paint Co.Ltd., NIPSEA GROUP, Bayer AG, KCC CORPORATION, Akzo Nobel N.V., The Sherwin-Williams Company, Berger Paints India Limited, Cabot Corporation, Clariant NOROO Paint & Coatings co.Ltd., KAPCI Coatings, Alsa Refinish and The Alsa Corporation, The Dow Chemical Company, Diamond Fleet Coating Systems, The Lubrizol Corporation, and ALTANA.
MAJOR TOC OF THE REPORT
Chapter One: Automotive Refinish Coatings Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Automotive Refinish Coatings Market Competition, by Players
Chapter Four: Global Automotive Refinish Coatings Market Size by Regions
Chapter Five: Global Automotive Refinish Coatings Market Revenue by Countries
Chapter Six: Global Automotive Refinish Coatings Market Revenue by Resin Type
Chapter Seven: Global Automotive Refinish Coatings Market Revenue by Application
Chapter Eight: Global Automotive Refinish Coatings Market Revenue by Geography
Chapter Nine: Global Automotive Refinish Coatings Market Revenue by Coatings Technology
Chapter Ten: Global Automotive Refinish Coatings Market Revenue by Product
Chapter Eleven: Global Automotive Refinish Coatings Market Revenue by Vehicle Age
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Automotive Refinish Coatings market
Analysis of market effect factors and their impact on the forecast and outlook of the global Automotive Refinish Coatings Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Automotive Refinish Coatings Market
A roadmap of growth opportunities available in the Global Automotive Refinish Coatings Market with the identification of key factors
The exhaustive analysis of various trends of the Global Automotive Refinish Coatings Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Automotive Refinish Coatings Market ?
What will the Automotive Refinish Coatings market Demand and what will be Growth?
What are the latest opportunities for Automotive Refinish Coatings market in the future?
What are the strengths of the key players?