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Feb 14, 2020 (Xherald via COMTEX) -- This report on the global Automotive Powder Coating Market Research Report 2020 is detailed research that helps answer business questions related to competitive intelligence, market analysis, and market trends. It also highlights each of the prominent factors responsible for the growth of the market are; demographics, increasing demand, regulatory policies.
Akzo Nobel N.V. (AKZA.AS), PPG Industries, Inc. , The Sherwin-Williams Company /zigman2/quotes/210069062/lastsale SHW -3.86% , DowDuPont, Nippon Paint Holdings Co. Ltd., Neokem, Nordson Corporation /zigman2/quotes/204377260/lastsale NDSN -0.37% , BASF SE, Eastman Chemical Company /zigman2/quotes/200039202/lastsale EMN -0.64% , DIC Corporation, Royal DSM, Evonik Industries, The Valspar Corporation, Kansai Paint, Jotun A/S, request free sample for complete list of companies.
The leading players of Automotive Powder Coating industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among Automotive Powder Coating players will help the industry aspirants in planning their strategies.
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Automotive Powder Coatings have high chemical and mechanical properties, including crush resistance, and excellent smoothness. Powder coating solutions include an innovative powder coating which can be used as a body coat, providing a realistic alternative to liquid paint. Powder coating finishes for body coatings including primer-surfaces, basecoats (solid and metallic colors), solid shade topcoats and clear coat technologies.
The global market for Automotive Powder Coatings is driven by the population of vehicles increasing, which in turn results in higher revenues per capita. The ownership of private cars per capita has increased in the world and they are becoming a common personal transportation. The increasing industrialization, on the other hand, is stimulating the market for commercial vehicles . Car manufacturers are now focusing on improving the appearance of vehicles to maintain their market competitiveness.
Key Market Insights
- Feb 2020, PPG Industries, Inc. has partnered with Dow Dow Inc. for future sustainable program to reduce carbon impact and accelerate the adoption of low carbon technologies.
- Feb 2020 Alpha Coating Technologies which is Light Industrial Powder Coatings Manufacturer Acquired PPG Industries Inc. .
- Nov 2019 , Eastman Chemical Company and NB Coatings Tie Up for Sustainable Automotive Plastic
Automotive Powder Coating Market Segmentation by types, Applications and regions:
The Automotive Powder Coating Market is segmented by the types such as,
Polyester/TGIC Powder Coating
Acrylics Powder Coating
Polyester/Urethane Powder Coating
Hybrid Powder Coating
Epoxy Powder Coating
Not only this, figures covering the end user applications are also provided according to the classification such as,
Other Automotive Parts
Market Segment by Regions:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.
The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.