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Decoration and Protection: Ceresana Examines the Global Market for Paints and Coatings in the Automotive Industry

The automotive industry is a dynamically growing market for paints and coatings: Global vehicle stock already amounts to almost 1.3 billion units and more than 95 million new registrations are currently added every year.

ID: 1532309
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(businesspress24) - Traditionally, the automotive sector is highly exigent regarding quality and properties of the coatings that are utilized. For the first time, the market research company Ceresana analyzed the market for automotive paints and coatings in regard to coating layers, application areas, technologies, and product types in detail.

Coating Against Rust

The analysts of Ceresana expect demand for series coating to increase worldwide by 3.7% per year he stages cathodic electrodeposition, car underbody protection, and application of primer surfacers, basecoat, and clearcoat. In regard to quantities, basecoat is the most important coating layer, followed by electrodeposition coating. Basecoat is a colored layer and determines the visual appearance

Use of Solvents Increasing Despite Concerns

Ceresana thoroughly analyzed the market for automotive coatings as well as the demand for individual coating types (acrylic, polyurethane, epoxy, others) and technologies (solventborne / waterborne & others). The most frequently used product type for street vehicles are acrylic coatings, followed by systems based on polyurethane. Sales of PUR products in particular account for an above-average growth. Solventborne coatings keep binding agents and pigments liquid. During past decades, substantial efforts were made to reduce or stop emissions during hardening due to health and environmental reasons: There has been intense research on developing paint systems containing only few or no solvents. Nevertheless, Ceresana expects global demand for solventborne coatings to continue to increase by 2.4% per year until 2024.

The Study in Brief:

Chapter 1 provides a presentation of the global market for coatings in the automotive industry
Chapter 2 provides market data for the 16 most important countries, that is, country-specific information on demand and revenues. Demand is analyzed in detail in regard to coating layers, application areas (OEM coating / refinishing coating), technologies (solventborne / waterborne & others), and individual product types.


Chapter 3 thoroughly examines the several coating layers in automobiles: electrodeposition coating, primer surfacer, basecoat, clearcoat. Data about these layers are split by both the world regions and the most important countries.
Chapter 4 deals with demand for the particular types of coatings: epoxy, polyurethane, acrylic, and other types.
Chapter 5 provides profiles of the largest manufacturers of automotive coatings CC Corporation, WEG S.A., and Nippon Paint Holding Co., Ltd.



More information:
http://www.ceresana.com/en/market-studies/industry/automotive-coatings/



Keywords (optional):

coatings, automotive, paints, vehicles, cars, automobiles, production, producers, demand, manufacturers, chemicals, consumption, markets, epoxy, polyurethane,



Company information / Profile:

Ceresana is a leading international market research and consultancy company for the industrial sector. For more than 10 years, Ceresana has been supplying several thousand customers from 60 countries with up-to-date market intelligence. Extensive market knowledge creates new prospects for strategic and operational decisions. Ceresana''s clients profit from implementation-oriented consulting services, tailor-made single-client studies and more than 100 independent multi-client market studies. Ceresana''s analysts are experts in the following markets: Chemicals, plastics, additives, commodities, industrial components, consumer goods, packaging, agriculture, and construction materials.
Learn more about Ceresana at www.ceresana.com/en

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Ceresana
Mainaustr. 34
78464 Constance
Germany
Phone: +49 7531 94293 0
Fax: +49 7531 94293 27
info(at)ceresana.com



PressContact / Agency:

Ceresana
Mainaustr. 34
78464 Constance
Germany
Phone: +49 7531 94293 0
Fax: +49 7531 94293 27
Press Contact: Martin Ebner, m.ebner(at)ceresana.com



published by: Ceresana
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Date: 02/07/2018 - 10:37
Language: English
News-ID 1532309
Character count: 4303
Kontakt-Informationen:
Firma: Ceresana
Ansprechpartner: Martin Ebner Feedback to businesspress24.com about Pressrelease-id:
Stadt: Konstanz
Telefon: +49 7531 94293 0

Meldungsart: Produktankündigung
Versandart: Veröffentlichung
Freigabedatum: 07.02.2018
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