Automotive Refinishing Paints Market Research Report by Product – Global Forecast to 2027 – Cumulative Impact of COVID-19
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Automotive Refinish Paints Market Size – USD 8.73 Billion in 2019, Market Growth – CAGR of 3.7%, Trends – Green Coating Technologies Growth.
VANCOUVER, CANADA, BC, Nov. 12, 2021 /EINPresswire.com/ – Emergen Research’s latest research report, titled “Global Automotive Refinishers Market – Forecast To 2027,” provides a comprehensive view of the global automotive refinish marketplace present and future trends .
Changing lifestyles and purchasing behavior, increasing disposable income and increasing demand for luxury vehicles are some of the factors influencing market growth.
The global automotive refinish coatings market is projected to reach $ 11.69 billion by 2027, according to a new report from Emergen Research. Automotive refinish paints are used by market participants to meet the growing need for vehicle maintenance, contemporary maintenance to improve the durability and appearance of vehicles by protecting them from supposed damage and UV radiation. Constant investment in research and development and innovation in refinish paints, such as environmentally friendly high-tech coating materials, are another driving factor in the market.
The report provides unbiased industry expert opinions on the current market scenario, past market performance, rates of production and consumption, the relationship between demand and supply, and forecasts of revenue generation over the estimated time period. In addition, our team of analysts implemented several analytical tools such as Investment Assessment, SWOT Analysis and Porter’s Five Forces Analysis to assess the manufacturing and sales capabilities of market participants for automotive refinish paints.
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The Auto Refinish Report also highlights strategic initiatives and business expansion plans at major companies in the automotive refinish industry. The report evaluates strategies such as mergers and acquisitions, government and corporate agreements, partnerships and collaborations, joint ventures, branding and product launches, among other things.
To conclude all of the above, the report offers a panoramic view of the Automotive Refinishers market in both the global and regional markets backed by key statistical data and industry verified facts.
Key participants include The Sherwin Williams Company, PPG Industries Inc., Axalta Coating Systems Ltd., BASF SE, AkzoNobel NV, Kansai Paints Co. Ltd., Matrix System Automotive Finishes, Nippon Paint Holding Co. Ltd., Mitsui Chemicals and Berger Paints India Ltd., among others.
Items analyzed in the report:
Global Automotive Refinish Coatings market report offers an in-depth analysis of the various elements of the industry such as product development and technological advancements, product types, applications, and key expansion strategies of well-known companies. The assessment was conducted on the basis of primary and secondary research with a particular focus on technological advances, prominent industry players and suppliers, and distributors active in the industry. The Auto Refinishing Paints Report is formulated to help readers better understand the overall marketplace and make informed decisions.
Key underline from the report
Clear coats, which protect the paintwork of vehicles from sun, dust or water, have the largest market share in 2019. A growth rate of 3.9% is expected for the segment in the forecast period.
Metal substrates had the largest share in 2019 and are expected to lead the segment with a significant CAGR throughout the forecast period as metal surfaces are prone to corrosion.
The passenger car segment dominated the market in 2019 with 40.3% of sales. The demand is expected to increase due to high disposable incomes, fundamentally changing buying behavior and the demand for luxury cars.
The Asia-Pacific region, mainly China, Japan and India, saw automotive industry expansion due to high demand for commercial vehicles and passenger cars, increasing population and congestion, which in turn has led to the growth of the market in the region.
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The global Automotive Refinishing Market has been categorized on the basis of major geographic regions in North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. It evaluates the presence of the global Automotive Refinishers market in key regions in terms of market share, market size, sales contribution, sales network and distribution channel, and other key elements.
A SWOT analysis is conducted on the leading companies operating in the Automotive Refinishing Market to provide a better understanding of the leading companies’ strengths, opportunities, weaknesses, and threats. It also includes the rate of production and consumption, volatility of prices and demands, market share, market size, global position, and each player’s market position.
Resin Type Outlook (Revenue, $ Billion; 2017-2027)
Product Outlook (Revenue, $ Billion; 2017-2027)
Technology Outlook (Revenue, $ Billion; 2017-2027)
UV curing coatings
Global Sensor Fusion Market Report – Table of Contents:
1. Report overview
1.1 Scope of research
1.2 Important market segments for sensor fusion
1.3 Target player
1.4 Market analysis by type
1.5 Market Analysis by Application
1.6 Essential learning objectives
1.7 Reporting schedule
2. Global growth trends
2.1 Global Sensor Fusion Market Size
2.2 Latest Trends of the Sensor Fusion Market by Region
2.3 Key company trends
3. Global Sensor Fusion Market Share by Key Players
3.1 Global Sensor Fusion Market Size by Manufacturers
3.2 Major global players in the Sensor Fusion Market
3.3 Products / solutions / services from major players
3.4 New entrants in the sensor fusion market
3.5 Mergers, Acquisitions, Joint Ventures and Expansion Plans
4. Global Sensor Fusion Market By Product Type
4.1 Global Sensor Fusion Sales by Product
4.2 Global sensor fusion by product sales
Read Full Report Published by Emergen Research @ https://www.emergenresearch.com/industry-report/automotive-refinish-coatings-market
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November 12, 2021 07:25 GMT
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