GLOBAL AUTOMOTIVE PAINTS & COATINGS MARKET FORECAST 2019-2027

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GLOBAL AUTOMOTIVE PAINTS COATINGS MARKET

• FORECAST 2019-2027

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MARKET OVERVIEW
GLOBAL AUTOMOTIVE PAINTS COATINGS MARKET
FORECAST 2019-2027

• The automotive paints and coatings market is
  segmented on the basis of technology, coat type,
  vehicle type and geography.
• On the basis of coat type, the automotive paints
  and coatings market is segmented into base coat,
  electro-coat, clear coat and primer.
• The automotive paints and coatings market by
  vehicle type is further segmented into passenger
  cars, light commercial vehicles and heavy
  commercial vehicles.
• The varied technology equipped in the market are
  solvent-borne, water-borne and others.
• The increasing demand for eco-friendly paints and
  coatings from the automotive industry and the
  booming automobile industry are major driving
  factors for the growth of the automotive paints
  and coatings market.
• On the contrary, stringent regulations and
  policies by the government, environmental issues
  like VOC and CO2 emissions are restraining the
  growth of the market.

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INTRODUCTION
KEY FINDINGS

• The global automotive paints and coatings market
  is projected to grow from XX billion in 2018 to
  XX billion by 2027, growing at a CAGR of 3.58
  during the forecast period.
• The base year considered for the market study is
  2018 and the forecasting years are from 2019 to
  2027.
• The risen eco-friendly paints and coating
  requirement in the various industries is the
  prime factor responsible for the growth of the
  market across the globe.
• Furthermore, these automotive paints and coatings
  are not only used to enhance the appearance or
  for the purpose of beautification of vehicles,
  but also used as a preventive measure or
  protection layer for vehicles.
• These benefits are also responsible for the
  increasing demand of the market during the
  forecast period.

• Global Automotive Paints Coatings Market by End
  Use, by Vehicle Type, by Technology, by Video
  Type by Geography.

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Infographic
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NORTH AMERICA AUTOMOTIVE PAINTS COATINGS MARKET

• North America's automotive paints and coatings
  market revenue are expected to reach xx billion
  in the year 2018 and are anticipated to touch xx
  billion in the year 2027, at the CAGR of 3.00.
• The forecast period is from 2019 to 2027 and the
  base year deliberated for the market study is
  2018.
• The automotive industry is flourishing rapidly in
  the North America region, and the industry is
  witnessing increased demand for eco-friendly
  paints and coatings, which is propelling the
  growth of the automotive paints and coating in
  the region.

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EUROPE AUTOMOTIVE PAINTS COATINGS MARKET

• Europes automotive paints and coatings market
  revenue are expected to grow XX billion in the
  year 2019 and are anticipated to touch XX
  billion in the year 2027, at a CAGR of 3.06.
• The forecast period for the market is from 2019
  to 2027 and the base year deliberated for the
  market study is 2018.
• The flourishing automobile industry and growing
  demand for eco-friendly paints and coatings from
  the automotive industry are the key drivers of
  automotive paints and coatings market in the Asia
  Pacific region.

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ASIA PACIFIC AUTOMOTIVE PAINTS COATINGS MARKET

• Asia Pacifics automotive paints and coatings
  market revenue are expected to reach xx billion
  in the year 2019 and are expected to touch XX
  billion in the year 2027, at a CAGR of 4.18.
• The forecast period for the market is from 2019
  to 2027 and the base year deliberated for the
  market study is 2018.
• The flourishing automobile industry and growing
  demand for eco-friendly paints and coatings from
  the automotive industry are the key drivers of
  automotive paints and coatings market in the Asia
  Pacific region. .

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COMPETITIVE INSIGHTS

• On the basis of geography, the automotive paints
  and coatings market is segmented into Europe,
  Asia-Pacific, North America and Rest of the
  world. Asia Pacific automotive paints and
  coatings market holds the largest market share in
  the global automotive paints and coatings. Europe
  is projected to be the second largest market for
  automotive paints and coatings due to the fastest
  market growth during the forecast period. North
  America is estimated to grow throughout the
  forecast period.

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