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29 Oct 2021, 23:32 GMT+10
The changing lifestyle and buying behaviour of people, a rise in disposable income, and the growing demand for luxury vehicles are some the factors influencing the market growth.
The Global Automotive Refinish Coatings Market is expected to reach USD 11.69 Billion by 2027, according to a new report by Emergen Research. The market for automotive refinish is growing due to the rise in disposable income, change in lifestyle and buying behaviour of the consumers, and the growing demand for luxury vehicles.
The latest research report can be viewed as a valuable source of viable data and information pertaining to this particular business vertical. It provides a complete overview of the Automotive Refinish Coatings industry, considering the future growth analysis, demand, and supply graphs, as well as historical and future costs and revenue generation.
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Strict regulations regarding the products which contain VOC is hindering the market growth. The usage of VOC-containing products releases VOCs resulting to smog and air pollution. To enhance air quality, governments of many countries have implemented a series of control measures.
The report also covers mergers and acquisitions, product launches and brand promotions, joint ventures, collaborations, and partnerships among others.
Global Automotive Refinish Coatings Market: Competitive Outlook
With a major focus on the growth trajectories of each segment of the market, the report inspects the operating patterns of each market contender, for instance, partnerships & collaborations, mergers & acquisitions, and new product launches, in a detailed manner. Alongside describing the vast competitive landscape of the Automotive Refinish Coatings market, the report estimates the CAGR for the market during the projected timeframe.
Key participants include The Sherwin Williams Company, PPG Industries Inc., Axalta Coating Systems Ltd., BASF SE, AkzoNobel N.V, Kansai Paints Co. Ltd., Matrix System Automotive Finishes, Nippon Paint Holding Co. Ltd., Mitsui Chemicals, and Berger Paints India Ltd., among others.
Regional Bifurcation:
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At the same time, the document offers detailed insights into the pertinent industries, business organizations, and various local and international manufacturers and vendors.
Clear coats, offer protection to the paint on vehicles from sun, dust, or water, hold the largest share of the market in 2019. The segment is expected to have a growth rate of 3.9% during the forecast period.
Other significant aspects determining the global market remuneration over the projected timeline:
The report also offers a generic summary of the application gamut of the global Automotive Refinish Coatings market, detailing on the market share and product demand for each application segment.
This survey provides answers to the following important questions
To gain useful Automotive Refinish Coatings market insights, grab a sample copy of this report: https://www.emergenresearch.com/request-sample/124
Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection, along with other analytical tools like SWOT Analysis and Porter's Five Forces Analysis.
Table Of Content:
Chapter 1. Methodology & Sources1.1. Market Definition1.2. Research Scope1.3. Methodology1.4. Research Sources1.4.1. Primary1.4.2. Secondary1.4.3. Paid Sources1.5. Market Estimation TechniqueChapter 2. Executive Summary2.1. Summary Snapshot, 2019-2027Chapter 3. Key InsightsChapter 4. Automotive Refinish Coatings Market Segmentation & Impact Analysis4.1. Automotive Refinish Coatings Market Material Segmentation Analysis4.2. Industrial Outlook4.2.1. Market indicators analysis4.2.2. Market drivers analysis4.2.2.1. Increasing disposable incomes and changing lifestyle4.2.2.2. Growth of automotive industry4.2.2.3. Rise of environment friendly coating technologies4.2.2.4. Increasing demand of UV-curable coating and nanocoatings4.2.3. Market restraints analysis4.2.3.1. Volatile costs of raw materials4.2.3.2. Stringent regulations regarding various VOC-containing products4.3. Technological Insights4.4. Regulatory Framework4.5. Porter's Five Forces Analysis4.6. Competitive Metric Space Analysis4.7. Price trend Analysis4.8. Covid-19 Impact Analysis
Chapter 5. Automotive Refinish Coatings Market By Resin Type Insights & Trends, Revenue (USD Million)5.1. Resin Type Dynamics & Market Share, 2019 & 20275.1.1. Epoxy5.1.2. Alkyd5.1.3. Polyurethane5.1.4. Others
Chapter 6. Automotive Refinish Coatings Market By Product Insights & Trends Revenue (USD Million)6.1. Product Dynamics & Market Share, 2019 & 20276.1.1. Primer6.1.2. Basecoat6.1.3. Clearcoat6.1.4. Activator6.1.5. Filler6.1.6. Putty
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Look Over transcripts provided by Emergen Research
Automotive Refinish Coatings Market@ https://www.emergenresearch.com/industry-report/automotive-refinish-coatings-market
Driver Monitoring Systems Market@ https://www.emergenresearch.com/industry-report/driver-monitoring-systems-market
Automotive Telematics Market@ https://www.emergenresearch.com/industry-report/automotive-telematics-market
Automotive Sensors Market@ https://www.emergenresearch.com/industry-report/automotive-sensors-market
ADAS and Autonomous Driving Components Market@ https://www.emergenresearch.com/industry-report/adas-and-autonomous-driving-components-market
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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