Welcome!

News Feed Item

Concise Analysis of the International Automotive Paints Market - Forecast to 2018

DUBLIN, Feb. 20, 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/sv996p/automotive_paints

) has announced the addition of the

"Concise Analysis of the International Automotive Paints Market - Forecast to 2018"

report to their offering.


(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

The automotive paints industry has evolved in line with the changing demands from the automotive industry. Both industries are continuously progressing to provide advanced technologies and eco-friendly products to their buyers. Along with the appearance of the vehicle, automotive paints play an important role in the protection of the metal surfaces from rust, damages, and external factors. Colors, textures, and patterns can act as a key decision making factor for the buyers. The demand for these coatings is highly influenced by demand trends in the automotive industry, environmental regulations, health & safety norms, buyer's preferences, lifestyle, and growing economy. These factors should positively affect the automotive paints industry and help to grow its demand in the next five years.



The automotive paints industry has progressed from solvent-borne coatings to waterborne coatings and powder coatings through intense R&D. The main aim behind these advancements is to minimize the hazards caused by the high-VOC solvent-borne coatings. On the other hand, waterborne and powder coatings are gaining popularity owing to their eco-friendly tag with low or zero-VOC content. North American and European countries have issued regulations regarding the contents of VOCs, which has positively influenced the demand for waterborne and powder coatings. Developing countries such as China, South Korea, India, Brazil and Russia among others have also begun the application of waterborne and powder coatings in the conventional paint processes. Hence, considering increasing vehicle demand and upcoming environmental regulations in the next five years, the demand for eco-friendly coatings is likely to grow at a substantial rate.



Due to aforementioned reasons, the automotive OEM coating market is estimated to grow from $8.7 billion in 2013 to $11.7 billion by 2018, growing at a CAGR of 6.06%. China, U.S., Japan, Germany, India, and South Korea are anticipated to be the largest consumers of Automotive Paints in 2013. In terms of growth rate, South Korea, India, U.S., China, U.K., and Mexico are expected to show the highest growth rate for automotive paints demand from 2013 to 2018. As of 2012, the global market for Automotive Paints was dominated by the key players such as PPG Industries (U.S.), BASF (Germany), Axalta Coating Systems/DuPont (U.S.), Kansai Paint (Japan), and Nippon Paint (Japan). These key five players together held about 75% of the total market in 2012.


Key Topics Covered:

1 Introduction

2 Executive Summary

3 Premium Insights

4 Market Overview

5 Automotive Paints Market, By Geography

6 Global Automotive Paints Market, By Vehicle Types

7 Automotive Paints Market, By Technologies

8 Automotive Paints Market, By Coat Types

9 Global Automotive Paints Market, By Texture Types

10 Competitive Landscape

11 Company Profiles

Companies Mentioned:

  • Akzonobel NV
  • Arkema SA
  • Axalta Coating Systems LIC
  • BASF SE
  • Bayer AG
  • Beckers Group
  • Berger Paints
  • Cabot Corporation
  • Clariant AG
  • Deft Incorporated
  • Eastman Chemical Company
  • Jotun A/S
  • KCC Corporation
  • Kansai Paint Co Ltd
  • Lord Corporation
  • Nippon Paint Co Ltd
  • PPG Asian Paints Private Limited
  • PPG Industries Inc
  • Royal DSM NV
  • Sherwin-Williams Company
  • Solvay SA
  • Valspar Corporation

For more information visit http://www.researchandmarkets.com/research/sv996p/automotive_paints

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...