automotive refinish coatings in apac 2015-2019
TRANSCRIPT
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Automotive Refinish Coatings Market in APAC 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “The market relies heavily on global economic conditions. Consumers spend less on automobile repair and refinish during economic downturns. The rising cost of raw materials such as polymers, cellulosics, adhesion promoters, titanium dioxide, epoxy resins, and related solvents is also posing hindrances to market growth.”
• Automotive coatings are products that enhance the appearance and durability of a vehicle by protecting it from harsh external factors such as UV radiation, extreme temperatures, and foreign particles such as stones, rubble, and debris. Automotive refinish coatings are used in the automotive OEM aftermarket industry for vehicle repairs and refinishing.
• Technavio forecasts the automotive refinish coatings market in APAC to post a CAGR of 6.03% during 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Automotive Refinish Coatings Market in APAC 2015-2019
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Vendors
To understand the vendor landscape and for a full list
of vendors view our report:
Automotive Refinish Coatings Market in APAC 2015-2019
AkzoNobel
Axalta Coating Systems
BASF
AkzoNobel was founded in 1994. The company was formed through the merger of two companies, Akzo and Nobel Industries. It is headquartered in Amsterdam, North Holland, Netherlands. It focuses on producing paints, coatings, and specialty chemicals.
Axalta Coating Systems was founded in 1866 and is headquartered in Philadelphia, Pennsylvania, US. The company, along with its subsidiaries, manufactures and markets high-performance coatings for the Transportation industry.
BASF was established in 1865 and is headquartered in Ludwigshafen Am Rhein, Rhineland-Palatinate, Germany. The company’s products and solutions engage in nutrition, conserving resources, and improving quality of life.
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Market Landscape
• The market is expected to grow moderately during the forecast period.
• Factors that influence the market are car sales, vehicles in operation, accident rates, age of vehicles and miles driven, and number of vehicles undergoing repair.
• Increased demand for automotive refinish coatings from countries such as India and China, which have a relatively high number of vehicles, is boosting market growth.
• In addition, these countries have higher accident rates than countries in North America and Western Europe.
• Advances in coating technology and the growing consumer requirements are other growth factors.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Availability Automotive refinish coatings should be readily available.
Cost Automotive refinish coatings should be economical.
Customer Service Vendors of automotive refinish coatings should provide timely and effective customer service to end users.
Distribution Channel Vendors of automotive refinish coatings should have a strong distribution channel for their products.
Eco-friendliness Automotive refinish coatings should have minimal negative impact on the environment.
Performance Automotive refinish coatings should exhibit superior performance characteristics such as durability.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Automotive Refinish Coatings Market in APAC 2015-2019
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