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Automotive Refinish Coatings Market Trends and Forecast to 2021- Industry Analysis by Regions, Growth, Size Type and Applications

Automotive Refinish Coatings

The Automotive Refinish Coatings Market report 2019 deeply analyses significant features in major developing markets. The analysis includes market size, latest trends, drivers, threats, opportunities, as well as key market segments. The study reveals market dynamics in several geographic segments along with Automotive Refinish Coatings market analysis for the current market environment and future scenario over the forecast period. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Industry experts project Automotive Refinish Coatings market to grow at a  CAGR of 5.86% during the period 2017-2021. It also talks about the market size of different segments and their growth aspects.

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About Automotive Refinish Coatings

Automobile refinish coatings are used to cover up damages, which are caused by external factors such as accidents, climate, road condition, and foreign particles such as stones, debris, and rubble. They are used in automotive repair shops for improving the appearance of the vehicle. Vehicle insurance plays a significant role in driving the demand for automotive refinish coatings. Mandatory insurance while purchasing a new vehicle provides an impetus for the car owner to get the vehicle repaired of any damages.

Industry analysts forecast the global automotive refinish coatings Market to grow at a CAGR of 5.86% during the period 2017-2021.

Market driver

  • Increased focus on R&D and innovative methods to reduce the cycle time
  • For a full, detailed list, view our report

Market challenge

  • Lack of trained technicians
  • For a full, detailed list, view our report

Market trend

  • Consumers preference for more vibrant colors and the use of new materials on vehicles.
  • For a full, detailed list, view our report

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Key Players

  • Axalta Coating Systems
  • Akzo Nobel
  • BASF
  • PPG industries
  • The Sherwin-Williams Company
  • Covestro
  • KANSAI PAINT
  • KCC
  • NIPSEA GROUP
  • NOROO Paint & Coatings
  • TCI Powder
  • and The Lubrizol
  • Automotive Refinish Coatings Market report also covers all the regions and countries of the world, which shows a regional development status. Regional Segmentation:

    • North America (U.S., Canada, Mexico)
    • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
    • Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
    • South America (Brazil, Argentina, etc.)
    • Middle East & Africa (Saudi Arabia, South Africa, etc.)

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    The objective of this Automotive Refinish Coatings market research report is: –

    • To provide actionable intelligence alongside the market size of various segments.
    • To detail major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues).
    • To determine the geographic breakdown of the market in terms of detailed analysis and impact.
    • To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
    • To track the competitive landscape of the market.

    Finally, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

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