Report forecast the automotive OEM coatings market
in APAC to grow at a CAGR of 5.52% over the period 2014-2019.
Automotive coatings are products used to enhance
the exterior appearance and durability of a vehicle by protecting it from harsh
external factors such as UV radiation, extreme temperatures, and grit from the
road. Automotive manufacturers are the major end-users of automotive OEM
coatings; they use the coatings during the production of new passenger cars,
light commercial vehicles, and heavy commercial vehicles. Vendors in the market
offer products for four different functional layers: e-coat, primer, basecoat,
and clearcoat. These products can be broadly categorized into five major types
based on technology: water-borne coatings, high-solid solvent-borne coatings,
conventional solvent-borne coatings, powder coatings, and UV-cure coatings.
This report covers the present scenario and the
growth prospects of the automotive OEM coatings market in APAC for the period
2015-2019. To arrive at the share of the leading vendors in the market and to
calculate the market size, the report considers revenue generated through the
sales of automotive OEM coatings. It also presents the vendor landscape and a
corresponding detailed analysis of the top six vendors in the automotive OEM
coatings market in APAC.
The report includes data on the different segments
of the market based on the following criteria: technology, functional layer,
and type of vehicle. The report covers only coatings used for automotive OEM
applications and does not include products for automotive refinish or
aftermarket applications.
According to the report, automotive OEMs are
increasingly focusing on cost-reduction strategies, which include procurement
of products at low costs and enhancing manufacturing efficiency. Market vendors
coordinate closely with automakers to develop customized solutions that
differentiate their products. Automotive OEMs are looking toward procurement of
coatings that reduce downtime by curing in a shorter span of time. Moreover,
the manufacturing process employed at paint shops consumes much energy and
capital. Hence, vendors are focusing on cost-reduction solutions that could
provide automotive OEMs a cost and competitive advantage in the market.
Further, the report states that new coating process
technologies limiting the consumption volume of coatings.
Automotive OEM Coatings Market in APAC 2015-2019,
has been prepared based on an in-depth market analysis with inputs from
industry experts.
key players in the Automotive OEM Coatings Market
in APAC: Axalta, BASF, Kansai, Nippon, PPG and Shinto
Other Prominent Vendors in the market are: Berger
Paints, Color Communications, Jotun, KCC, Sherwin-Williams and Valspar
Market Driver
- Demand for Water-borne Coatings
- For a full, detailed list, view our report
Market Challenge
- Rising Costs
- For a full, detailed list, view our report
Market Trend
- Adoption of Integrated Processes
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what
will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats
faced by the key vendors?
- What are the strengths and weaknesses of the key
vendors?
Spanning over 75 pages and 38 Exhibits
“Automotive
OEM Coatings Market in APAC 2015-2019” report covers Executive Summary, List of Abbreviations,
Scope of the Report, Market Research Methodology, Introduction, Market
Landscape, Automotive OEM Coatings Market in APAC: Key Macroeconomic
Indicators, Automotive OEM Coatings Market in APAC, Market Segmentation by
Technology, Market Segmentation by Functional Layer, Market Segmentation by
Type of Vehicle, Market Growth Drivers, Market Challenges, Market Trends,
Vendor Landscape, Key Vendor Analysis.
