The paints that are used for painting and coating automobiles in the automotive industry come under automotive paints. These paints are high quality and very durable and give luxurious texture and surface to the vehicle. The Automotive OEM Coatings Market is expected to witness high growth scope due to the expansion of automotive industry during 2015-2020.
Scope and Regional Forecast of the Automotive OEM Coatings Market:
According to the IndustryARC research analysis studies on the Automotive OEM Coatings Market, spray paint car is one of the mostly used types of painting in the automotive industry for even coating and layer. It is very necessary to maintain matching paint colors in automotive industry.
Europe is one of the prominent regions for the Automotive OEM Coatings Market due to high production of cars and vehicles in this region. Paint auto companies are expected to witness high demand to fulfill global market demand for paints during 2015-2020.
Asia Pacific and North America are expected to have healthy growth in the Automotive OEM Coatings Market. China, India, Japan and the US are the major markets for automotive paints in these regions respectively during 2015-2020.
Segmentation and Key Players of the Automotive OEM Coatings Market:
The Automotive OEM Coatings Market is segmented into various categories in the IndustryARC marketing research report by technology, by layer, by vehicles and by geography as follows:
By technology: Solvent-borne, Aqueous, Powdered and others
By layer: Pretreatment, Electro coat, Primer, Basecoat and Clear coat
By vehicles: Passenger Car, Commercial Vehicle (Light Commercial Vehicle, Medium Commercial Vehicle and Heavy Commercial Vehicle) and Motorcycle and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Automotive OEM Coatings Market according to the IndustryARC research report are as follows:
- PPG Industries, Inc.
- BASF SE
- Evonik Industries AG
- BYK-GARDNER GMBH
- Axalta Coating Systems, LLC
The Automotive OEM Coatings Market is a growing market with high applications in the automotive industry for OEM coating and OEM auto paint for better texture and durability of the surface of the vehicles. This market is anticipated to witness high demand owing to increasing investment by automotive paint manufacturers to develop high quality automotive coatings, high scale use of touch paint, OEM coatings and factory paint colors in automotive industry across the globe during 2015-2020.
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