Automotive refinish paint is mostly used by automotive body shops and repair centers in order to refinish the vehicles. The automotive vehicles require to be repaired frequently in order to enhance the body as well as recover the damages which have been caused by external factors, which include stones, extreme temperature, accidents, and others.
The automotive refinish paints market is on the rise due to an increased number of vehicle collisions. The low cost, as well as high performance of automotive, refinish paint market is one of the reasons that the consumers maintain their vehicles. The increase in the number of accidents, the rise in disposable income as well as the adoption of newer technologies are going to drive the automotive refinish paints market. The increase in the demand for recreational vehicles will lead to an increased demand for the automotive refinish paints market.
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The “Global Automotive Refinish Paint Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive refinish paint market with detailed market segmentation by product type, technology, resin and geography. The global automotive refinish paint market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive refinish paint market players and offers key trends and opportunities in the market.
The Global Automotive Refinish Paint Market is segmented on the basis of product type, technology and resin. On the basis of product type, the market is segmented into primer, basecoat, clearcoat and others. On the basis of technology, the market is segmented into solvent-borne, water-borne and UV cured. On the basis of resin, the market is segmented into polyurethane, epoxy, acrylic and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive refinish paint market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive refinish paint market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automotive refinish paint market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive refinish paint market in these regions.
The reports cover key developments in the automotive refinish paint market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from automotive refinish paint market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive refinish paint in the global market. Below mentioned is the list of few companies engaged in the automotive refinish paint market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive refinish paint market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Axalta Coating Systems, LLC
- PPG INDUSTRIES, INC
- BASF SE
- The Sherwin-Williams Company
- Kansai Paint Co., Ltd.
- NIPPON PAINT
- KCC CORPORATION
- Akzo Nobel N.V.
- Mitsui Chemicals India Pvt. Ltd
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