According to a market report by Lucintel, the future of the global automotive coating market looks promising with opportunities in the passenger car and commercial vehicle markets. The global automotive coating market is expected to reach an estimated $28 billion by 2030 from $21 billion in 2023 at a CAGR of 4.1% from 2023 to 2030. The major drivers for this market are increasing vehicle production, rising adoption of eco-friendly coating technologies, and expanding automotive aftermarket services.
A more than 150-page report to
understand trends, opportunity and
forecast in automotive coating market to 2030 by resin type (polyurethane,
epoxy, acrylic, and others), coat type (clearcoat, basecoat, primer, and
e-coat), technology (solvent-based, water-based, and powder-based), vehicle
type (passenger cars, commercial vehicles, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that polyurethane is expected to witness the highest growth over the
forecast period.
Within
this market, passenger car is expected to witness the higher growth.
Download
sample by clicking on automotive
coating market.
BASF, PPG
Industries, Axalta Coating Systems, Akzo Nobel are the major suppliers in the
automotive coating market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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