Automotive Refinish Coatings market size is expected to reach USD 11.69 Billion by 2027, according to a new report by Emergen Research.

Automotive refinish coatings are used by market players to address the growing need for maintenance of the vehicle, up-to-date servicing to improve the durability and look of the vehicles by protecting them from any supposed damages and UV radiation.

Constant investment in RD and innovation in refinish coatings, such as eco-friendly high-tech coating materials, which is another driving factor of the market.

The Global Automotive Refinish Coatings Market report comprises of vital details of the Automotive Refinish Coatings business sphere that aims to offer the reader a comprehensive understanding of the Automotive Refinish Coatings market and identify optimum growth prospects to gain a competitive edge over other competitors.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/124

For the purpose of this report, Emergen Research has segmented the Global Automotive Refinish Coatings Market on the basis of resin product, type, technology, application, substrate, and region:

• Resin Type Outlook (Revenue, USD Billion; 2017-2027)
  • Epoxy
  • Alkyd
  • Polyurethane
  • Others
• Product Outlook (Revenue, USD Billion; 2017-2027)
  • Primer
  • Basecoat
  • Clearcoat
  • Activator
  • Filler
  • Putty
• Technology Outlook (Revenue, USD Billion; 2017-2027)
  • Solvent-borne Coatings
  • Water-borne Coatings
  • UV-cured Coatings
• Substrate Outlook (Revenue, USD Billion; 2017-2027)
  • Glass
  • Metal
  • Plastic
  • Other
• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Commercial vehicles
    1. Light Commercial Vehicle (LCV)
    2. Heavy Commercial Vehicle (HCV)
  • Passenger vehicles
    1. Compact
    2. Executive
    3. Luxury
  • Two-Wheeler

 To know more about the report, visit @ https://www.emergenresearch.com/industry-report/automotive-refinish-coatings-market

Elements analyzed in the report:

The Global Automotive Refinish Coatings Market report offers an elaborate analysis of the different elements of the industry, such as product development and technological advancements, product types, applications, and major expansion strategies undertaken by prominent companies.

Key participants include The Sherwin Williams Company, PPG Industries Inc., Axalta Coating Systems Ltd., BASF SE, AkzoNobel N.V, Kansai Paints Co. Ltd., Matrix System Automotive Finishes, Nippon Paint Holding Co. Ltd., Mitsui Chemicals, and Berger Paints India Ltd., among others.

Regional Analysis of the Automotive Refinish Coatings Market includes:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The Asia Pacific region, mainly China, Japan, and India, has witnessed the expansion of its automotive industry owing to the high demand for commercial and passenger vehicles, increased population and congestion, which, in turn, has led to the growth of the market in the region.

Some Key Highlights From the Report

• Clear coats, offer protection to the paint on vehicles from sun, dust, or water, hold the largest share of the market in 2019. The segment is expected to have a growth rate of 3.9% during the forecast period.
• Metal substrates held the largest share in 2019 and are expected to lead the segment throughout the forecast period with a significant CAGR since metal surfaces are prone to suffer from corrosion.
• The passenger vehicles segment dominated the market with 40.3% of the share in 2019, in terms of revenue. The demand is expected to increase because of high disposable incomes, substantially changing buying behaviour, and demand for luxury cars.

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/124