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Global Automotive Refinish Coatings Market 2017 to 2021: Market was Estimated at $7.8 Bn in 2016, and is Expected to Register a CAGR of 5.3% from 2016 to 2021

Dublin, Feb. 22, 2018 (GLOBE NEWSWIRE) -- The "Global Automotive Refinish Coatings Market: Focus on Product Type (Clearcoats, Basecoats, Primer & Filler), Technology (Solvent-Borne, Water-Borne, UV Cured), Resin Type, Automotive Type and Vehicle Age - Analysis and Forecast: 2017 to 2021" report has been added to ResearchAndMarkets.com's offering.

In terms of value, global automotive refinish coatings market was estimated at $7,850.0 million in 2016, and is expected to register a CAGR of 5.3% from 2016 to 2021.

In terms of volume, the global automotive refinish coatings market is expected to register a CAGR of 4.5% between 2016 and 2021.

The growth is attributed to the rising disposable income, increasing number of vehicle collisions, growing demand for recreational vehicles, and increase in the average age of vehicles, among others. However, stringent regulations for volatile organic compound (VOC) emissions, and lack of skilled professionals are some of the factors hampering the growth of the global automotive refinish coatings market.

The development of environment friendly technologies, increasing number of rental car owners and used car markets, and the growing demand from the emerging economies such as China, India, Japan, and Brazil, among others, are expected to create opportunities for the growth of the global automotive refinish coatings market.

The prominent players operating in the global automotive refinish coatings market are include Axalta Coatings Systems, PPG Industries Inc., AkzoNobel N.V., BASF SE, Sherwin Williams, KCC Paints, Covestro, Berger Paints, Kansai Paint, Nippon Paint, NOROO Paint, Lubrizol Corporation, S.Coat, and Diamond Vogel, among others.

Key Topics Covered:

Executive Summary

1 Report Scope & Methodology
1.1 Report Scope
1.2 Global Automotive Refinish Coatings Market Research Methodology
1.2.1 Assumptions & Limitations
1.2.2 Primary Research
1.2.3 Secondary Research
1.2.4 Data Triangulation
1.2.5 Data Analysing and Market Estimation

2 Market Dynamics
2.1 Market Drivers
2.1.1 Rising Disposable Income
2.1.2 Increase in the Number of Vehicle Collisions
2.1.3 Growing Demand for Recreational Vehicles
2.1.4 Increasing Average Age of Vehicles
2.2 Market Restraints
2.2.1 Stringent Regulations for Volatile Organic Compound (VOC) Emissions
2.2.2 Lack of Skilled Professionals
2.3 Opportunities
2.3.1 Development of Water-Borne and UV-Cured Technologies
2.3.2 Growth in Rental Car Owners and Used Car Markets
2.3.3 Growing Demand from the Emerging Economies

3 Competitive Landscape
3.1 Key Market Developments and Strategies
3.1.1 Business Expansion & Contracts
3.1.2 Product Launches & Development
3.1.3 Partnerships, Collaborations, and Joint Ventures
3.1.4 Mergers & Acquisitions
3.1.5 Others (Awards & Recognitions)
3.2 Market Share Analysis
3.2.1 Market Share Analysis of the Global Automotive Refinish Coatings Market
3.2.2 Market Share Analysis of India Automotive Refinish Coatings Market
3.2.3 Market Share Analysis of South Korea Automotive Refinish Coatings Market
3.2.4 Ranking Analysis of Japan Automotive Refinish Coatings Market

4 Industry Analysis
4.1 Opportunity Matrix
4.2 Country Share Analysis
4.3 Supply Chain Analysis
4.4 Industry Attractiveness
4.5 Associations, Consortiums, and Alliances

5 Global Automotive Refinish Coatings Market, by Product Type, by Value ($Million) and by Volume (Kilotons)
5.1 Assumptions and Limitations for Analysis and Forecast of the Global Automotive Refinish Coatings Market
5.2 Market Overview
5.3 Basecoats
5.4 Clearcoats
5.5 Primer & Filler
5.6 Others

6 Global Automotive Refinish Coatings Market, by Resin Type, by Value ($Million) and by Volume (Kilotons)
6.1 Market Overview
6.2 Polyurethane
6.3 Acrylic
6.4 Alkyd
6.5 Epoxy
6.6 Others

7 Global Automotive Refinish Coatings Market, by Technology, by Value ($Million) and by Volume (Kilotons)
7.1 Water-Borne
7.2 Solvent-Borne
7.3 Ultra-Violet (UV) Cured

8 Global Automotive Refinish Coatings Market, by Auto Type, by Value ($Million) and by Volume (Kilotons)
8.1 Cars
8.2 Commercial Vehicles
8.3 Two-Wheelers
8.4 Others Auto Type

9 Global Automotive Refinish Coatings Market, by Vehicle Age, by Value ($Million) and by Volume (Kilotons)
9.1 Market Overview
9.2 <5 years
9.3 5-10 years
9.4 >10 years

10 Global Automotive Refinish Coatings Market, by Region, by Value ($Million) and by Volume (Kilotons)

11 Company Profiles

  • AkzoNobel N.V.
  • Axalta Coating Systems Ltd.
  • BASF SE
  • Berger Paints India Ltd.
  • Covestro AG
  • Esdee Paint Ltd.
  • KAPCI Coating Co. Ltd.
  • KCC Corporation
  • Kansai Paints Co. Ltd.
  • NOROO Paint & Coatings Co. Ltd.
  • Nippon Paint Holding Co. Ltd.
  • PPG Industries Inc.
  • S.Coat Co., Ltd.
  • The Lubrizol Corporation
  • The Sherwin-Williams Company

For more information about this report visit https://www.researchandmarkets.com/research/st9g5x/global_automotive?w=12

                    
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                             Related Topics: Automotive Repair, Paints and Coatings , Automotive Materials
                    

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