Thursday, May 29, 2014

Automotive Refinish Coatings Market - Global Share, Analysis, Growth, Trends Opportunities and Forecast 2012 – 2020

The automotive refinish coating market provides for coating of automotives. The global automotive market is expected to reach over $245 billion by 2020; therefore, the market for refinish coating can expect good revenue. The key driver for the market is increase in the number of vehicles in operation. Additionally, the demand is expected to be very high in the BRIC countries with the increase in number of cars and bumpy road conditions. It is expected that the number of car users in developing countries would reach around three to four billion in the next 30 years.
However, the North American and European market is expected to be flat due to the economic downtimes and enhanced road safety parameters. The automotive market is not expected to grow in these regions until the recession settles down; therefore, the automotive refinish market is dependent on developing economies. The major challenge for companies in the market is to overcome the refinish coating requirements of two-wheelers and heavy commercial vehicles as the market is largely dependent on car markets.
Key Benefits
  • This report provides market intelligence with respect to solvent type, vehicle refinish type and geographies
  • Deep dive of top factors impacting the market growth
  • Value chain analysis, Porter’s five forces, top investment pockets are analyzed and presented in detail in the report
  • SWOT analysis and strategic developments are included in the report for key players
  • Study of the challenges and opportunities available in the automotive refinish coatings market
  • Market estimates for automotive refinish coatings market and its sub-segments
  • Identification of the key strategies adopted by major market players engaged in the market
  • Analysis of the market factors in various geographic regions to understand business opportunities
  • Assessment and ranking of the top factors that are expected to affect the growth of the market
Key Audiences
  • Service providers for automotive refinish coating
  • Manufacturer and dealers of automotives
  • Research organizations 
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