Technavio
Announces the Publication of its Research Report Global Automotive Refinish
Coatings Market 2016-2020
Technavio recognizes the following companies as the key players in the global automotive refinish coatings market: Axalta Coating, AkzoNobel, BASF, PPG Industries, and Sherwin Williams.
Other Prominent Vendors in the market are: Nippon, Kansai, and Valspar.
Commenting on the report, an analyst from Technavio’s team said: “Nanocoatings is gaining traction in this market. Established vendors in the market are increasing their expenditure on R&D to capture a larger proportion of the market share through new product introductions. The incorporation of potential materials such as nanoparticles in coating technologies is a relatively new concept in the market.”
Technavio recognizes the following companies as the key players in the global automotive refinish coatings market: Axalta Coating, AkzoNobel, BASF, PPG Industries, and Sherwin Williams.
Other Prominent Vendors in the market are: Nippon, Kansai, and Valspar.
Commenting on the report, an analyst from Technavio’s team said: “Nanocoatings is gaining traction in this market. Established vendors in the market are increasing their expenditure on R&D to capture a larger proportion of the market share through new product introductions. The incorporation of potential materials such as nanoparticles in coating technologies is a relatively new concept in the market.”
According to
the report, advances in automotive refinish coatings technology will contribute
to the growth of the global automotive coatings, adhesives, and sealants
market. Established vendors in the market have increased their R&D
expenditure to enhance their product portfolio.
Further, the report states that solvent-based coatings contain volatile chemicals that are hazardous to the environment. Regulatory authorities in many countries, especially in Western Europe and North America, have imposed stringent regulations to limit the hazardous effects of such products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Further, the report states that solvent-based coatings contain volatile chemicals that are hazardous to the environment. Regulatory authorities in many countries, especially in Western Europe and North America, have imposed stringent regulations to limit the hazardous effects of such products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Automotive Refinish Coatings
Automotive
coatings are products that enhance the exterior appearance and durability of a
vehicle by protecting it from harsh external factors such as UV radiation, heat
and cold, and grit from the road. Automotive refinish coatings are used for
automotive aftermarket purposes such as vehicle repair and refinishing.
Technavio’s analysts forecast the global automotive refinish coatings market to grow at a CAGR of 5.84% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive refinish coatings market for 2016-2020. To calculate the market size, the report considers the revenue generated through sales of water-based, solvent-based, and other automotive refinish coatings by considering.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Refinish Coatings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Axalta Coating
• AkzoNobel
• BASF
• PPG Industries
• Sherwin Williams
Other prominent vendors
• Nippon
• Kansai
• Valspar
Market driver
• Increased focus on R&D
• For a full, detailed list, view our report
Market challenge
• Stringent regulations regarding solvent-based coatings
• For a full, detailed list, view our report
Market trend
• Increasing demand for specialty coatings
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Technavio’s analysts forecast the global automotive refinish coatings market to grow at a CAGR of 5.84% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive refinish coatings market for 2016-2020. To calculate the market size, the report considers the revenue generated through sales of water-based, solvent-based, and other automotive refinish coatings by considering.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Refinish Coatings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Axalta Coating
• AkzoNobel
• BASF
• PPG Industries
• Sherwin Williams
Other prominent vendors
• Nippon
• Kansai
• Valspar
Market driver
• Increased focus on R&D
• For a full, detailed list, view our report
Market challenge
• Stringent regulations regarding solvent-based coatings
• For a full, detailed list, view our report
Market trend
• Increasing demand for specialty coatings
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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of content: https://marketreportscenter.com/reports/470035/global-automotive-refinish-coatings-market-2016-2020#toc
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