The global automotive refinish coatings market is expected to reach USD 12.29 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the increasing disposable income, changing lifestyle and buying behavior of people, and the demand for luxury vehicles from the segment.
Automotive refinishing coatings are used by the end-users, to address the growing need for up-to-date maintenance and servicing of vehicles to enhance the look and durability of the vehicles and by protecting them from damages due to harsh temperatures and UV radiation. Developments and innovations in coatings, such as high-tech eco-friendly coating materials having low solvent content is another factor fueling the growth of the market.
Leading Players– PPG Industries Inc., The Sherwin Williams Company, Axalta Coating systems Ltd., AzkoNobel N.V BASF SE, Convestro AG, Kansai Paints Co. Ltd., Esdee Paint Ltd., KCC Corporation, KAPCI Coating Co. Ltd., NOROO Paint & Coatings Co. Ltd, The Lubrizol Corporation, S.Coat Co., Ltd., Nippon Paint Holding Co. Ltd., and Berger Paints India Ltd., among others.
Click the link to get a Sample Copy of the Report:@ https://www.reportsanddata.com/sample-enquiry-form/1248
Further key findings from the report suggest
Key Factors Driving the Global Materials & Chemicals Market Growth
The global materials & chemicals market revenue is primarily attributed to factors such as growth are fast-paced industrialization globally, rising demand for raw materials and chemicals in the buildings & construction, food & beverage, pharmaceutical, agriculture, textile, and pulp & paper industries, and increasing demand for essential consumer goods including packaged foods & beverages, household hygiene products, and personal care products & cosmetics. Increasing industrial applications of specialty chemicals, surge in demand for high-performance, organic agrochemicals, growing environmental awareness among consumers, growing need for eco-friendly and sustainable raw materials & chemicals, and increasing government investments in the materials & chemicals industry are other factors driving revenue growth of this market.
Key Regional Markets Covered in the Report:
Resin type Outlook (Volume, Kilo tons; 2020-2028 and Revenue, USD Billion; 2020-2028)
Product Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)
Technology Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)
Frequently Asked Questions Addressed in the Report:
Explore More Industry Research by Reports and Data:
High-performance Adhesives Market Size, Share and Analysis, By Product (Polyurethane, Epoxy, Acrylic, Silicone, And Others), By Technology (Water-Based, Solvent-Based, Hot-Melt, Reactive, UV Curable, And Others), By End-User Industry (Transportation, Electrical and Electronics, Packaging, Healthcare, Buildings and Construction, Aerospace, And Others), By Region, Forecast To 2027
Aminoethylethanolamine Market By Grade (>99%, <99%), By Application (Chelating Agent, Surfactants, Textile Additives, Lubricants, Fabric Softeners, Others), and By Region Forecast to 2030
Nickel Sulfate Market By Grade (Plating Grade, High Purity Grade, Others), By Application (Battery, Electroplating, Chemicals, Dyeing and Printing, Others), and By Region Forecast to 2030
About Us:Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Media ContactCompany Name: Reports and DataContact Person: John WatsonEmail: Send EmailPhone: +1-212-710-1370Address:40 Wall St. 28th floor City: New York CityState: NY 10005Country: United StatesWebsite: https://www.reportsanddata.com/report-detail/automotive-refinish-coatings-market