The global automotive coatings market size is expected to reach USD 22.96 Billion in 2032 and register a steady revenue CAGR of 4.4% during the forecast period, according to latest analysis by Emergen Research. Rising usage of powder-based coatings in the automotive industry is the key factor driving market revenue growth. Powder coating is utilized in various automobile applications, including hubcaps, bumpers, wheels, cosmetic trim, door handles, truck beds, accent components, filters, radiators, and different engine elements. Powder-coated surfaces are more resistant to scratches, chipping, wear, and fading , which are utilized in automotive applications owing to their high abrasion and corrosion resistance.

In addition, rising demand for ceramic coatings is another factor driving revenue growth of the market. This coating is commonly used to guard against dirt, filth, scratches, and other markings that affect any hard surface of a car, including the outside paint, wheels, and calipers. There are various advantages of putting a ceramic coating on the interior or exterior of a vehicle as a ceramic coating can shield the paint from Ultraviolet (UV) radiation, which causes oxidation, peeling, and paint dulling. Moreover, this coating also guards against chemical stains or acidic impurities caused by bugs, smog, or other factors. A ceramic coating also makes cleaning a vehicle much easier. However, high-performance coatings are expensive is a key factor, which could restrain market revenue growth.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

Download Free Exclusive Sample PDF @ https://www.emergenresearch.com/request-sample/2219

Key companies operating in the Automotive Coatings market include:

The Sherwin-Williams Company, KCC PAINTS SDN BHD, Bayer AG, Beckers Group, Cabot Corporation, Berger Paints India Limited, Eastman Chemical Company, Valspar, CLARIANT, and Solvay;

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Automotive Coatings market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Automotive Coatings Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

For more informative information, please visit us @ https://www.emergenresearch.com/industry-report/automotive-coatings-market

Automotive Coatings Market Segmentation:

• Resin Type Outlook (Revenue, USD Billion; 2019–2032)

  • Polyurethane
  • Epoxy
  • Acrylic
  • Others

• Technology Outlook (Revenue, USD Billion; 2019–2032)

  • Solvent-based
  • Water-based
  • Powder-based

• Coat Type Outlook (Revenue, USD Billion; 2019–2032)

  • Clear coat
  • Basecoat
  • Primer
  • E-coat

Automotive Coatings Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Click here to Get customization @ https://www.emergenresearch.com/request-for-customization/2219

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

More Related Reports By Emergen Research

Bottled Water Market

https://www.emergenresearch.com/industry-report/bottled-water-market

Touchpad Market

https://www.emergenresearch.com/industry-report/touchpad-market

Cardiac Monitors Market

https://www.emergenresearch.com/industry-report/cardiac-monitors-market

Saffron Market

https://www.emergenresearch.com/industry-report/saffron-market

Composite Repair Market

https://www.emergenresearch.com/industry-report/composite-repair-market

Engagement Banking Platform Market

https://www.emergenresearch.com/industry-report/engagement-banking-platform-market

Social Media Analytics Market

https://www.emergenresearch.com/industry-report/social-media-analytics-market

Ventricular Assist Devices Market

https://www.emergenresearch.com/industry-report/ventricular-assist-devices-market

Bidirection Electrical Charger Market

https://www.emergenresearch.com/industry-report/bidirection-electrical-charger-market

Power Management Integrated Circuit Market

https://www.emergenresearch.com/industry-report/power-management-integrated-circuit-market

 About Emergen Research

Emergen Research 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 analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research 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.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services