• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    The Buyers' Guide

    What Will the Coatings Industry Look Like in 2050?

    The 2023 Protective Additives Directory

    CHINACOAT2023 Heads To Shanghai

    Auto Refinish Coatings Market
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Video Bites
    Suppliers News
    Live From Shows
    Top News
    BASF: Chemistry and Sustainability – A Perfect Match

    PPG Again Recognized Among Foundry’s Computerworld ‘Best Places to Work in IT in 2024’

    Dunn-Edwards Celebrates Opening of Santa Rosa, CA Storefront

    Sika Acquires Stake in Concria Oy

    Weekly Recap: AkzoNobel and Kansai Paint, Tnemec Top This Week’s Stories
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    Dunn-Edwards Celebrates Opening of Santa Rosa, CA Storefront

    ROSS Mixers Has Trial Rental Program for R&D Scale Equipment

    PPG Asian Paints Unveils Flagship Center of Cartisan in Pune

    Tnemec Announces Latest Innovation in Anti-Fouling Coatings for Marine Environments

    SRI’s New Paint Provides a Sustainable Passive Cooling Solution
    Additives
    Binders
    Pigments
    Solvents

    Advancion Launches Multi-Functional Etheramine for Waterborne Industrial Coatings

    Vink Chemicals Constructs New Biocide Plant at Schwerin Site

    Peninsula Polymers and Westlake Epoxy Expand National Distribution Agreement into Mexico

    BASF Increases Defoamer Capacity at Dilovasi Plant in Turkey

    Lubrizol and Grasim Industries Break Ground on CPVC Resin Plant in India
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Arkema

    Active Minerals

    Siltech Corporation

    WAB US Corp

    W. R. Grace & Co.
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    PAINTINDIA 2024

    PCI Powder Coating Week 2024

    Middle East Coatings Show 2024

    American Coatings Show

    RadTech 2024 UV+EB Technology Expo & Conference
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Arkema

    Active Minerals

    Siltech Corporation

    WAB US Corp

    W. R. Grace & Co.
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Glossary
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Market Research

    Automotive Coatings Market Set to Grow Exponentially Through 2021

    ...

    01.19.17
    The global automotive coatings market is being driven by the increasing vehicle population, which in turn is resultant of the rising per capita income, according to Persistence Market Research. The per capita passenger car ownership has been increasing globally and they are becoming one of the common modes of personal conveyance. Increasing industrialization, on the other hand, is boosting the commercial vehicles market. Vehicle manufacturers are now focusing more on improving the appearance of vehicles to maintain their competitive edge in the market. This, on the whole, has been benefitting the automotive coatings market.

    Over 80% of the materials used in passenger cars are metallic. Most of these metals are coated to protect them from rust and degradation. The emergence of ultraviolet curing coating is presenting growth opportunities to the global automotive coatings market. Based on application, the automotive coatings market can be segmented into two broad categories: Original Equipment Manufacturing (OEM) and aftermarket or refinish. The major end-users of the automotive refinish market are collision repair centers and automotive body shops. Based on product segments, the global automotive coatings market can be divided into four categories: electro-coats, primer coats, basecoats, and clear-coats. Based on formulation, this market can be classified into four categories: water-based, solvent-based, powder-based, and UV-based coatings.

    Brazil, Russia, India, and China (BRIC countries) are expected to be the major countries contributing to the growth of the automotive industry. Improving economies, advancements in the road infrastructure, and increasing inclination of individuals towards personal conveyance are the key factors augmenting the growth of the automotive industry. According to the Organization Internationale des Constructeurs d’Automobiles (OICA), the global motor vehicle production increased from 77.6 million in 2010 to 87.3 million in 2013. The increasing raw material prices are emerging as a major challenge for the automotive coatings market as the profit margins of the coatings manufacturers are reducing. Leading producers of titanium dioxide (one of the common pigments used in the manufacturing of coatings), such as Kronos, Inc., Tronox Limited, and E. I. du Pont de Nemours and Company, announced a price increase of USD 300/tons, USD 400/tons, and USD 500/tons respectively in 2011 in Asia Pacific. Their American and European counterparts also announced the increase in prices from the same year.

    North America was the third-largest vehicle producer globally in 2013, after Asia Pacific and Europe, and it is in the process of bypassing Europe to become the second-largest vehicle producer in the world by 2020. The automotive coatings market in Europe has suffered due to the Euro zone crisis which impacted the automotive industry heavily. The market for eco-friendly coatings, such as waterborne and powder coating, are growing at a high rate owing to the growing government and public concern regarding the environmental hazards posed by solvent-borne coatings. Several environmental agencies and governmental institutions have formulated regulations and issued guidelines to minimize the use of high Volatile Organic Compound (VOC) automotive coatings. The Asia Pacific automotive coatings market is dominated by China and India due to the large fleet of vehicles in the countries.
    Related Searches
    • anti-microbial
    • aerospace coatings
    • waterborne
    • ppg industries
    Suggested For You
    Carlos Hernandez to Manage Orion Carbons’ NJ Lab Carlos Hernandez to Manage Orion Carbons’ NJ Lab
    What Are Automotive OEM Customers Looking for in Terms of Performance? What Are Automotive OEM Customers Looking for in Terms of Performance?
    2021 CEO Forum 2021 CEO Forum
    Automotive OEM Coatings Automotive OEM Coatings
    Nippon Paint Merges U.S. Automotive Companies Nippon Paint Merges U.S. Automotive Companies
    BASF and Landa Partner to Create Revolutionary Pigments for Automotive Coatings BASF and Landa Partner to Create Revolutionary Pigments for Automotive Coatings
    Waterborne UV Coatings Market Waterborne UV Coatings Market
    Low and Zero  VOC Coatings Low and Zero VOC Coatings
    Automotive OEM Coatings Automotive OEM Coatings
    Waterborne UV Coating Systems Market Explores New Growth Opportunities By 2021 Waterborne UV Coating Systems Market Explores New Growth Opportunities By 2021
    Waterborne UV Coating Systems Market Explores New Growth Opportunities By 2021 Waterborne UV Coating Systems Market Explores New Growth Opportunities By 2021
    Automotive Coatings Market Set to Grow Exponentially Through 2021 Automotive Coatings Market Set to Grow Exponentially Through 2021
    Global Automotive Coatings, Adhesives, and Sealants (CAS) Market: Growth Expected Through 2026 Global Automotive Coatings, Adhesives, and Sealants (CAS) Market: Growth Expected Through 2026
    Global Automotive Coatings, Adhesives, and Sealants (CAS) Market: Expected to Grow Through 2026 Global Automotive Coatings, Adhesives, and Sealants (CAS) Market: Expected to Grow Through 2026
    Global Paints and Coatings Market is Expected to be Valued $176.5 billion by 2020 Global Paints and Coatings Market is Expected to be Valued $176.5 billion by 2020

    Related Breaking News

    • Breaking News | People in the News
      Carlos Hernandez to Manage Orion Carbons’ NJ Lab

      Carlos Hernandez to Manage Orion Carbons’ NJ Lab

      Hernandez is senior technical marketing manager with Orion.
      08.05.21

    • Automotive Coatings | Breaking News | Paint & Coatings Manufacturer News
      What Are Automotive OEM Customers Looking for in Terms of Performance?

      What Are Automotive OEM Customers Looking for in Terms of Performance?

      Representatives from AkzoNobel, Axalta, BASF and PPG provide the answer.
      Anthony Locicero, Associate editor 03.29.21

    • 2021 CEO Forum

      2021 CEO Forum

      CEO Forum features executives from 10 coatings companies offering their insights on the state of the industry.
      Kerry Pianoforte, Editor 03.12.21


    • Automotive OEM Coatings

      Automotive OEM Coatings

      Despite slowdowns in 2020, the automotive coatings market is poised to grow, especially in Asia Pacific
      Anthony Locicero, Associate Editor 03.08.21

    • Automotive Coatings | Breaking News | Paint & Coatings Manufacturer News
      Nippon Paint Merges U.S. Automotive Companies

      Nippon Paint Merges U.S. Automotive Companies

      ...
      Coatings World staff 10.13.20

    Loading, Please Wait..
    Breaking News
    • BASF: Chemistry and Sustainability – A Perfect Match
    • PPG Again Recognized Among Foundry’s Computerworld ‘Best Places to Work in IT in 2024’
    • Dunn-Edwards Celebrates Opening of Santa Rosa, CA Storefront
    • Sika Acquires Stake in Concria Oy
    • Weekly Recap: AkzoNobel and Kansai Paint, Tnemec Top This Week’s Stories
    View Breaking News >
    CURRENT ISSUE

    November/December 2023

      View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Gencor’s PEA Ingredient Levagen+ May Offer Allergy Relief
    Tocotrienol Supplementation May Aid Liver Function in Diabetes, MASL Patients
    Euromed Receives EcoVadis Platinum Medal for ESG Efforts
    Coatings World

    Latest Breaking News From Coatings World

    BASF: Chemistry and Sustainability – A Perfect Match
    PPG Again Recognized Among Foundry’s Computerworld ‘Best Places to Work in IT in 2024’
    Dunn-Edwards Celebrates Opening of Santa Rosa, CA Storefront
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Philips and Vanderbilt Show How Decarbonizing Healthcare Reduces Costs
    Philips Launches 3 New Fit for Purpose MR Smart Fit Coils
    Pulse Biosciences, CardioNXT Partner on First-in-Human Afib Study
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Absci, AstraZeneca Enter AI-Driven Oncology Alliance
    Fujifilm Invests $200M to Expand Cell Therapy Capabilities
    Applied StemCell Expands Leadership Team
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Varsity Spirit Introduces Beauty Line Inspired by and Designed for Athletes
    Amyris Sells Four Consumer Beauty Brands
    Anisa International Earns Silver Sustainability Rating from EcoVadis
    Happi

    Latest Breaking News From Happi

    It's A 10 Founder Carolyn Aronson Creates New At-Home Hair Color Brand for Men
    Bath and Body Works Introduces Dessert-, Sweater- and Nature-Scented Candles For Holiday Season
    Hempz Debuts Limited Edition Holiday Collection
    Ink World

    Latest Breaking News From Ink World

    Chemistry and Sustainability – A Perfect Match: BASF
    Xeikon Highlights Digital Expertise at Labelexpo Asia
    Kongsberg Launches New Digital Cutting Platform
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Lecta unveils new functional Metalvac papers
    Bunting announces leadership changes
    Avery Dennison achieves +Vantage Vinyl verification
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Bunting Magnetics Announces Personnel Appointments
    Mativ Completes Sale of Engineered Papers Business
    Mehmet Dasdemir Joins Nonwovens Institute
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Precision Medical Technologies Rebrands
    Nalu SCS System Shows 75% Pain Reduction in U.S. Study
    CTL Amedica’s MONET ACIF Approved for Use in Mexico
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    NRF Announces FedEx CEO Raj Subramaniam as Keynote Speaker
    ams OSRAM Launches SFH 7018 Multi-LED Package
    Applied Materials Receives SBTi Validation

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login