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Automotive Refinish Coatings Market By Resin type (Epoxy, Alkyd, Polyurethane, Others), By Product (Primer, Basecoat, Clearcoat, Activator, Filler & Putty), By Technology, By Substrate, By Application, By 2026 And Segment Forecasts, 2017-2026

Automotive Refinish Coatings Market By Resin type (Epoxy, Alkyd, Polyurethane, Others), By Product (Primer, Basecoat, Clearcoat, Activator, Filler & Putty), By Technology, By Substrate, By Application, By 2026 And Segment Forecasts, 2017-2026

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WMR-Western Market Research has recently published a comprehensive and exclusive research report, which is an intelligent study covering all key segments. This research report provides breakthrough inputs and insights on market related factors like size, competition, trends, analysis, forecasts etc. The study encompasses primary and secondary data sources along with quantitative and qualitative practices thus assuring data accuracy.
The global automotive refinish coatings market is expected to reach USD 11.34 Billion by 2026, according to a new report by Research Genics. This can be mainly contributed by the increasing disposable incomes and changing lifestyle, growth of automotive industry, rise of environment friendly coating technologies and increasing demand for UV-curable coating and nanocoating.Increasing number of registered cases of accidents owing to the increased road congestion, rapid adoption of technologies and rising disposable income among the average income population, in the developing economies are boosting the market growth. Asia-Pacific is the key market for these coatings due to the growth of the automotive industry, and demand for car sharing, ride hailing services in the region.

Volatile costs of raw materials and stringent regulations regarding various VOC-containing products are the factors hindering the growth of the market.PPG Industries Inc., The Sherwin Williams Company, Axalta Coating systems Ltd., AzkoNobel N.V BASF SE, Convestro AG, Kansai Paints Co. Ltd., Esdee Paint Ltd., KCC Corporation, KAPCI Coating Co. Ltd., NOROO Paint & Coatings Co. Ltd, The Lubrizol Corporation, S.Coat Co., Ltd., Nippon Paint Holding Co. Ltd., and Berger Paints India Ltd., among others.

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The companies have adopted various strategies including mergers and acquisitions, contracts, agreements and partnerships to hold on going trails and come up with new developments in the market.Epoxy, Alkyd, Polyurethane, OthersPrimer, Basecoat, Clearcoat, Activator, Filler & Putty

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