image

MarkNtel Advisors recently published a detailed industry analysis of the Automotive Coatings Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Insights and Analysis of the Automotive Coatings Market (2024-2030)

The Global Automotive Coatings Market size was valued at USD 14.5 billion in 2023 and is projected to reach USD19.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.44% during the forecast period, i.e., 2024-30.

Access the detailed PDF Sample report – https://www.marknteladvisors.com/query/request-sample/global-automotive-coatings-market.html

What is driving the Automotive Coatings Market?

Extensive Utilization of Passenger Cars Uplifting Market Growth– In recent years, the requirement for automobiles has increased substantially owing to the expansion of ride-hailing services and inclination of the consumers towards cars for intercity & intracity travel. The tourism industry has grown significantly across the globe. This is attributed to the increased focus of various governments to boost the arrival of tourists. The increased tourist arrivals have resulted in higher demand for rental cars as they provide comfort to tourists and are cost-effective if compared to taxis. Hence, there is an increased usage of the passenger car fleet of the companies providing rental car services. Along with this, the consumers in the developed & developing countries are highly using the personal automotive vehicles for daily commuting purposes. This widespread usage of cars deteriorates their outer paint. As a result, consumers are ensuring that their cars undergo regular maintenance including consistent coating furnishing to maintain its aesthetic looks, positively impacting the demand for automotive coatings.

What segments define the Automotive Coatings Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

By Resin Type

(Acrylic, Polyurethane, Epoxy, Others (Saturated Polyester Resin, etc.)),

By Technology

(Water-Borne, Solvent-Borne, Powder Coating, UV-Cured Coatings),

By Product

(Primer, Electrocoat, Basecoat, Clearcoat),

By Application

(Plastic Parts, Metal Parts),

By End-User

(Automotive Body Shops and Repair Centers, Light Vehicle OEM, Commercial Vehicle OEM)

By Regions

North America, South America, Europe, The Middle East & Africa, Asia-Pacific

Explore the Complete Automotive Coatings Market Analysis Report – https://www.marknteladvisors.com/research-library/global-automotive-coatings-market.html

Who are the leading key players shaping the Automotive Coatings Market landscape?

BASF SE, Axalta Coating Systems, PPG Industries, Inc., Kansai Paint Co., Ltd, Nippon Paint Holdings Co., Ltd., The Valspar Corporation, KCC Corporation, The Sherwin-Williams Company, Akzonobel N.V., Covestro AG, Arkema SA, Cabot Corporation, Clariant AG, Lord Corporation, Solvay S.A etc.

Questions Addressed in this Study

1.What factors are driving the Automotive Coatings Market growth?

2.How is the Automotive Coatings Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Automotive Coatings Market?

4.What is the current size of the Automotive Coatings Market, and how is it projected to change in the future?

6.What is the future outlook for the Automotive Coatings Market in terms of technological advancements and market expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/global-automotive-coatings-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Leave a Reply

Your email address will not be published. Required fields are marked *