Automotive OEM Coatings Market in APAC 2015-2019

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Automotive OEM 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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Automotive OEM Coatings Market in APAC

2015-2019,please mail us at

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Key Trends

Technavio’s Senior Analyst says, “UV-cure coatings are expected to be in high demand. Though this technology accounts for a small share compared with other coating technologies, benefits such as ease-of-application and lower energy costs are expected to foster its adoption.”

• Automotive coatings are products used to enhance the exterior appearance and durability of a vehicle by protecting it from harsh external factors such as UV radiation, extreme temperatures, and grit from the road. Automotive manufacturers are the major end-users of automotive OEM coatings; they use the coatings during the production of new passenger cars, light commercial vehicles, and heavy commercial vehicles.

• Technavio's analysts forecast the automotive OEM coatings market in APAC to grow at a CAGR of 5.52% over the period 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 OEM 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 OEM Coatings Market in APAC 2015-2019

Axalta Coating Systems

BASF

PPG Industries

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.

PPG Industries is an American company that was established in 1883 and is headquartered in Pittsburgh, Pennsylvania. It is involved in a variety of businesses worldwide.

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Market Landscape

• The market is expected to witness strong growth during the forecast period with consumption volume posting a greater CAGR than revenue.

• Prices of automotive OEM coatings will rise at a slower rate compared with consumption volume.

• Advanced, eco-friendly coating technologies are contributing to revenue growth with an increasing number of automotive OEMs in APAC preferring such technologies. Increase in disposable income of consumers has led to strong demand for passenger cars.

• Moreover, automotive OEMs are establishing manufacturing facilities in APAC to gain low cost advantages.

• The introduction of new products with a unique mix of functionalities and properties by vendors is expected to be a key market driver.

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Market OutlookGuest Bloggers

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Support

• Integrated coating processes involve reduction in number of coating layers.

• Vendors are increasingly working toward eliminating the primer layer by introducing integrated coating solutions.

• BASF is at the forefront of this trend, with the introduction of an innovative basecoat that eliminates need for a primer.

• This integrated process is expected to offer great customer value through reductions in capital investments and savings in energy and material costs.

• Through this integrated process, the company expects to enhance its market share during the forecast period.

• In China, PPG offers the B1:B2 premium compact process, which is a water-borne coatings technology that enables end-users to eliminate the primer layer.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Automotive OEM Coatings Market in APAC 2015-2019

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