Asia-Pacific Automotive Refinish Coatings Market - Industry Trends and Forecast To 2029
Asia-Pacific automotive refinish coatings market is projected to register a 4.2% CAGR in the forecast period 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.
Market Segmentation
Asia-Pacific Automotive Refinish Coatings Market, By Resin Type (Epoxy, Acrylic, Polyester, Alkyd, Polyurethane, Vinyl, and Others), Product Type (Clearcoats, Basecoats, Primer & Filler, Activator/Hardeners, and Others), Component Type (One Component (1K) And Two Component (2K)), Formulation Type (Solvent Borne Coatings, Water Borne Coatings, High Solid Coatings, UV Cured, and Others), Vehicle Age (Less than 5 years, 5-10 years, and More than 10 years), Application (Passenger Cars, Two-Wheelers, Commercial Vehicles, and Industrial Vehicles), Country (China, India, Japan, South Korea, Australia & New Zealand, Singapore, Indonesia, Philippines, Thailand, Malaysia and Rest Of Asia-Pacific) Industry Trends And Forecast To 2029
Some of the major factors contributing to the growth of the market:
Increasing demand for regular maintenance and repair of automotive vehicles
Rise in the number of accidents
Market Players
The key market players in Asia-Pacific automotive refinish coatings market are listed below:
3M
BASF SE
PPG Industries, Inc
Sherwin-Williams Company
Axalta Coating Systems, LLC
Akzo Nobel N.V.,
Kansai Paint Co.,Ltd.
Guangzhou Zhenroumei Chemical Coating Limited
The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway)
RPM International Inc.
Berger Paints India Limited
NOROO Paint & Coatings co. Ltd.
NIPSEA Group
KCC CORPORATION amongst others
Company Profiles
3M
BASF SE
PPG Industries, Inc
Sherwin-Williams Company
Axalta Coating Systems, LLC
Akzo Nobel N.V.,
Kansai Paint Co.,Ltd.
Guangzhou Zhenroumei Chemical Coating Limited
The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway)
RPM International Inc.
Berger Paints India Limited
NOROO Paint & Coatings co. Ltd.
NIPSEA Group
KCC CORPORATION amongst others
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