Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Automotive OEM Coatings Market Research and Forecast Report 20222027
Author: Elena Anderson, Marketing Manager IMARC
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Group© 2019 IMARC All Rights Reserved
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Global Automotive OEM Coatings Market Research Report:
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According to the latest report by IMARC Group, titled “ Automotive OEM Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and For ecast 2022-2027 ” the global automotive oem coatings market reached a strong growth in 2021. Automotive original equipment manufacturer (OEM) coatings represent water-based or solvent-based paints that are applied for coating the surface of automobiles. They assist in enhancing their aesthetics, protecting against extreme temperature, intense ultraviolet (UV) radiations, chemical stains, and acid rain, improving the durability of vehicles, etc. Consequently, automotive OEM coatings are extensively used on passenger, light commercial, and heavy commercial vehicles. Presently, they are commercially available in varying types of resin forms, such as epoxy, acrylic, polyurethane, etc. Request Free Sample Report: https://www.imarcgroup.com/automotive-oem-coatings-market/requestsample
Global Automotive OEM Coatings Market Trends :
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The escalating demand for commercial utility vehicles and energy-efficient mobility, owing to the rising consumer environmental concerns, is primarily driving the automotive OEM coatings market. Additionally, the inflating need for thinner film thickness, lower bake temperature, and heavy-metalfree formulations in the coating systems and processes is further catalyzing the market growth. Besides this, the growing utilization of solvent- and water-borne coatings for painting several interior elements of the vehicle, such as instrument panels, speaker grills, meter clusters, steering wheels, door trim, armrest bezels, etc., and numerous advancements across the automotive sector are acting as significant growth-inducing factors. Moreover, the shifting preferences of manufacturers from metals towards plastic coatings, owing to their durability, strength, and corrosion resistance properties, are also positively influencing the global market. Apart from this, the increasing integration of these components with ultraviolet (UV)-curved technologies that aid in removing the occurrence of volatile organic compounds (VOC) is anticipated to fuel the automotive OEM coatings market over the forecasted period. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Report Description Report Description and Highlights Market BreakupSummary:byType: • Solvent Borne • Waterborne • Powdered • Others Breakup by Layer: • Primer • Basecoat • Electrocoat • Clearcoat Breakup by Vehicle Type: • Passenger Cars • Light Commercial Vehicles • Heavy Commercial Vehicles • Others
Report Description Report Description and Highlights Breakup by Application: • Interior • Exterior Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe•Germany•France•UnitedKingdom
Report Description Report Description and Highlights • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Competitive Landscape with Key Players: Arkema S.A. Axalta Coating Systems Ltd. BASF BergerSEPaints India Limited Covestro AG Kansai Paint Co. Ltd. KCC NipponCorporationPaintHoldings Co. Ltd. PPG Industries Inc. The Lubrizol Corporation • The Sherwin-Williams Company. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/automotive-oem-coatings-market Report Description Report Description and Highlights
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© 2019 IMARC All Rights Reserved
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