global automotive oem coatings market 2015-2019
TRANSCRIPT
Covered in this Report
• In this report, Technavio covers the present scenario and growth prospects of the global automotive OEM coatings market for the period 2015-2019.
• The report presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market.
• The scope of the report covers only coatings used for automotive OEM applications and does not include products for automotive refinish or aftermarket applications.
• In addition, the report discusses the major drivers influencing market growth, outlines the challenges faced by the vendors and the market as a whole, and identifies the key trends emerging in the market.
Global Automotive OEM Coatings
Market 2015-2019
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Market Overview• Automotive coatings are products used to enhance the
exterior appearance and durability of a vehicle by protecting it from harsh external conditions such as UV radiation, heat and cold, and debris.
• Automotive manufacturers use automotive coatings in the production of new vehicles (including passenger cars, as well as light and heavy commercial vehicles).
• Market vendors offer products for four different functional layers: e-coat, primer, basecoat, and clearcoat.
• The products can be categorized into five major technologies: water-borne, high-solid solvent-borne, conventional solvent-borne, powder, and UV-cure coatings.
• Technavio expects strong growth in the market during the forecast period, with a CAGR of 4.81%.
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OEM Coatings Market 2015-2019,
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Key Vendors and Regions
• Axalta Coating Systems LLC
• BASF SE
• Kansai Paint Co. Ltd.
• Nippon Paint Holding
• PPG Industries Inc.
View Our Report: Global Automotive OEM Coatings Market 2015-2019
• APAC
• Europe
• North America
• Latin America
• ROW
Vendors Regions
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Key Findings
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• The market is expected to witness growing focus on UV-cure coatings.
• Vendors have introduced innovative UV-cure products such as clearcoats.
• The market is witnessing an increase in demand from emerging economies such as India and China.
• Rapid economic developments in these countries and an increase in per capita income, especially those in APAC, are expected to contribute to the market growth.
• The market is witnessing the adoption of integrated processes that enable a reduction in the number of coating layers.
• Vendors are working toward eliminating the primer layer by introducing integrated coating solutions.
• Key vendors in the market are increasing R&D spending to capture high market share through the introduction of new products.
Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Global Automotive OEM Coatings Market 2015-2019
81 Pages | SKU: IRTNTR6196
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