Global Automotive Oem Coatings Market In APAC 2024-2028
The automotive oem coatings market in apac is forecasted to grow by USD 700 mn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the automotive oem coatings market in apac provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by availability of coatings designed for fuel-efficient automotive, increasing demand for waterborne coatings, and growing automotive industry in apac.
Technavio's automotive oem coatings market in apac is segmented as below:
By Technology
- Water-borne
- Solvent-borne
- Powdered coatings
- UV-cured
By Vehicle Type
- Passenger cars
- Light commercial vehicles
- Heavy commercial vehicles
By Geographical Landscape
This study identifies the growing adoption of uv-curable coatings and nanocoatings as one of the prime reasons driving the automotive oem coatings market in apac growth during the next few years. Also, increased focus on r and d and increasing demand for innovative and specialty products will lead to sizable demand in the market.
The report on the automotive oem coatings market in apac covers the following areas:
- Automotive oem coatings market in apac sizing
- Automotive oem coatings market in apac forecast
- Automotive oem coatings market in apac industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive oem coatings market in apac vendors that include Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, Berger Paints India Ltd, Color Communications LLC, Dai Nippon Toryo Co. Ltd., Grand Polycoats Co. Pvt. Ltd., Isamu Paint Co. Ltd., Jotun AS, Kansai Paint Co. Ltd., KCC Co. Ltd., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., ROCK PAINT Co. Ltd., RPM International Inc., S.Coat Co. Ltd., Savita Paints Pvt. Ltd., Solvay SA, Tara Paints and Chemicals, and The Sherwin Williams Co.. Also, the automotive oem coatings market in apac analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.