Automotive OEM Coating

 decision foresight.png

Global Automotive OEM Coating Market Size, Share, Growth, Industry Trends and Forecast 2020-2030


Automotive Coatings are provided to the vehicles by OEMs and their ability to provide a coating that will satisfy the needs of the customer is the key factor hence, different technologies are used by the manufacturer to provide a variety in the types of the coating which includes a solvent-borne, waterborne, and powdered coating. The solvent-borne coating consists of an organic compound in it they are mostly used in a humid environment. Whereas, water-borne coating have water as a solvent in it. The powdered coating consists of powdered polymer which can be applied electrostatically and then cured. All these coatings are fast curing, tough and flexible, scratch resistance up to a certain extent, oil & chemical resistant, and UV resistant. In addition to this, they also promote the health and safety of the employee, ease to apply, and provide better aesthetic. These coatings are applied to almost all types of automotive such as passenger vehicles, light-duty vehicles, and high duty vehicles. The market accounted 8228.5 USD million in 2020, and is anticipated to reach 11,922 billion by 2030, registering a CAGR of 8.47% during the forecast period.

Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.decisionforesight.com/request-sample/DFS020313

Market Dynamics and Factors:

The growing demand for the automotive sector and the presence of aging vehicles are some of the major factors driving the market growth. In addition to this, stringent environment regulation norms for the use of an eco-friendly coating such as waterborne coating, powdered, and UV coating are recommended by the government of the US and European regions such as Ecolabel 66/2010 regulation from Europe. Growing automotive production across the world is the factor that further boosts the market. The growing popularity and the adoption of the electric vehicle, Increase in adoption of the waterborne coating and powdered coating are some of the factors that are fueling the market. However, changing prices of the raw material keeps varying which is a restraining factor of the market and it is also challenging for the OEM firms. Technological advancement and development of advanced materials will create new opportunities.

Market Segmentation:

  • Global Automotive OEM Coating Market – By Type

    • Solvent-Borne

    • Waterborne

    • Powdered

  • Global Automotive OEM Coating Market – By Layer

    • Primer

    • Basecoat

    • Electrocoat

    • Clearcoat

  • Global Automotive OEM Coating Market – By Vehicle Type

    • Passenger Cars

    • Light Commercial Vehicles

    • Heavy Commercial Vehicles

  • Global Automotive OEM Coating Market – By Geography

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • France

      • Germany

      • Italy

      • Rest of Europe

    • Asia-Pacific

      • Japan

      • China

      • India

      • Australia

      • Rest of Asia Pacific

    • ROW

      • Latin America

      • Middle East

      • Africa

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020313

Geographic Analysis:

Europe has dominated the market with 30% shares of the global revenue of the market followed by Asia Pacific. Europe has a presence of major automakers such as BMW, Volkswagen, and many more. Asia Pacific is growing rapidly with expanding the automotive sector in the region and high demand for the automobiles within the region. Improving lifestyle, growing urbanization leads to disposable income which is a driving factor for the market. North America is also expected to witness significant growth due to the development of new advanced materials and growing automotive sector, adoption of electric vehicles all these factors supporting growth of the market in North America. The Middle East and Africa will experience steady growth during the forecast period.

Competitive Scenario:

The key players in the automotive OEM coatings industry include BASF SE, PPG Industries, Axalta Coating Systems, Nippon Paint, Kansai Paint, AkzoNobel, KCC Paint, Bayer AG, and Arkema SA.

Connect to Analyst @ https://www.decisionforesight.com/speak-analyst/DFS020313

How will this Market Intelligence Report Benefit You?

  1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

  2. Exclusive insight into the key trends affecting the Global Automotive OEM Coating industry, although key threats, opportunities and disruptive technologies that could shape the Global Automotive OEM Coating Market supply and demand.

  3. The report tracks the leading market players that will shape and impact the Global Automotive OEM Coating Market most.

  4. The data analysis present in the Global Automotive OEM Coating Market report is based on the combination of both primary and secondary resources.

  5. The report helps you to understand the real effects of key market drivers or retainers on Global Automotive OEM Coating Market business.

The 2021 Annual Global Automotive OEM Coating Market offers:

  • 100+ charts exploring and analysing the Global Automotive OEM Coating Market from critical angles including retail forecasts, consumer demand, production and more

  • 15+ profiles of top producing states, with highlights of market conditions and retail trends

  • Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

  • Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Automotive OEM Coating Market type

Buy This Premium Research Report@ https://www.decisionforesight.com/checkout/DFS020313 

About Us:

Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.

Contact:

Email: sales@decisionforesight.com

For Latest Update Follow Us:

https://www.facebook.com/Decision-Foresight-110793387201935

https://twitter.com/DecisionFs

https://www.linkedin.com/company/decision-foresight/

Comments

Post a Comment

Popular posts from this blog

Automotive Trailer

Image
  Global Automotive Trailer Market Size, Share, Growth, Industry Trends and Forecast 2020-2030 Automotive Trailers are used for the transportation of goods and material across the world. These trailers are usually towed to the car, trucks, SUVs and other vehicles. Different types of goods such as cargo, bicycles, and boats can be transported easily mobile homes can also be transported using these automotive trailers. These trailers are towed to vehicles hence these trailers cater to some benefits such as reduction of cost in case of fuel consumption, they do not produce any emission hence they are totally environment-friendly, and these carriages have a better carrying capacity. With all the above advantages these types of trailers are very popular across the world they can act as mobile homes due to so much popularity and usefulness the market is growing rapidly. The market is expected to reach 35795.72974 million USD by 2030 with a CAGR of 3.5 % in the upcoming years. Download Sampl
Read more

Lyocell Fiber

Image
  Global Lyocell Fiber Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030 The Global Lyocell Fiber Market was valued at USD 1022.44 million in 2020 and is expected to grow at a CAGR of 11.80% from 2020-2030. Because of its superior orientation, high degree of orientation and long fiber lengths, the global lyocell fiber market is projected to report notable gains due to the expanding application scope. Lyocell fiber is a raw material used in bleached wood, thus accounting for a huge demand scope due to the focus on minimizing the adoption of plastic based goods. It is also anticipated that the lyocell fiber industry will benefit from the product's environmentally friendly nature coupled with the biodegradability easiness. The demand in lyocell fibers market is also expected to register a remarkable growth due to its shrink resistance property which has appeared as a major factor supporting the replace
Read more

Digital Pathology

Image
  Global Digital Pathology Market Size, Share, Growth, Industry Trends and Forecast 2020-2030 Global Digital Pathology Market accounted USD 721.7 million in 2020 and is anticipated to reach USD 2281.7469 million by 2030, at a CAGR of 12.2% during the forecast period. It is an innovation predominantly committed to minimize laboratory expenses, increase operational efficiency, improving treatment decisions and patient care, and improved overall productivity. This technique incorporates the management, acquisition, sharing and interpretation of pathology information — which include slides and data — in a digital environment. Digital slides are produced when glass slides are apprehended with a scanning device, to deliver a high-resolution digital image that can be observed on a computer screen or mobile device. Virtual microscopy is a part of the market which enables to practice converting glass slides into digital slides that can be viewed, managed, shared and analyzed on a computer monit
Read more