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- Asia Pacific Automotive Paints Market – Size, Outlook, Trends and Forecast (2024 – 2032)
Paints are considered before automotive, and they are equally important when compared with automotive ingredients like engine specifications, serviceability, quality, and durability of the vehicle. These have large and emerging markets in the countries of APAC. Economies like China, India, Japan and South Korea have inclined growth as of the factors like cheap labour, government support and large local markets are promoting these markets.
APAC Automotive Paints Printing Market Size & Growth:
APAC automotive paints market is valued at $9.23 billion in 2018 and estimated to reach a value of $11.35 billion in 2024 at CAGR of 5.12 %. Key points like stringent emission regulations and environmental concerns enhancing the market for eco-friendly coatings, growing vehicle production and demand for advanced and innovative paints are accelerating this market, and the factors like fluctuating prices of raw materials are hampering the market growth.
APAC Automotive Paints Printing Market Share:
APAC Automotive Paints market is classified by coat type, by technology, by texture type, by vehicle type and by geography. By coat type, automotive paints are segmented as Electro coat, Basecoat, Clearcoat and Primer. By technology, they are segmented as solvent-borne, waterborne and powder coatings. By texture type, they are segmented as solid texture and metallic texture. By geography, they are segmented as China, India, Japan and South Korea.
APAC Automotive Paints Printing Market Trends:
- The markets related to the automotive paints are having the inclined growth. As the key players like BASF and AkzoNobel N.V. have seen good growth from past few years.
- BASF and SINOPEC expand production capacity to double the neopentylglycol to 80000 metric tons per year, and it had opened new construction plant in Thailand.
- GENAPOL ED 3060 is a multi-functional ingredient for waterborne paints is manufactured by clarinet corporation which adds value to the paint formulation.
APAC Automotive Paints Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- 3M
- DUPOINT CORPORATION
- BASF SE
- AKZONOBEL N.V.
- CLARIENT AG
1. Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
3. Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
4. Market Dynamics
4.1 Drivers
4.1.1 Stringent emission regulations and environmental concerns enhancing the market for eco-friendly coatings
4.1.2 Growing Vehicle Production and demand for advanced and innovative paints
4.2 Restraints
4.2.1 Fluctuating prices of raw materials
4.3 Opportunities
4.3.1 Partnerships between tier I suppliers and OEMs to develop paints
4.3.2 Upcoming advanced and innovative paint technologies
4.4 Challenges
4.4.1 Reduction in cycle time with lower energy costs and reduced environmental footprint of paints.
5. APAC Automotive Paints Market – By Coat type
5.1 Electrocoat
5.2 Basecoat
5.2.1 Metallic paint
5.2.2 Non Metallic paint
5.3 Clearcoat
5.4 Primer
6. APAC Automotive Paints Market – By Technology
6.1 Solvent-borne
6.2 Waterborne
6.3 Powder coatings
7. APAC Automotive Paints Market – By Texture type
7.1 Solid texture
7.2 Metallic texture
8. APAC Automotive Paints Market – By Vehicle type
8.1 Commercial vehicles
8.1.1 MHCV
8.1.2 LCV
8.2 Passenger vehicles
8.3 Two wheelers
9. APAC Automotive Paints Market – By Geography
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.2 Japan
9.2.3 India
9.2.4 Australia & New Zealand
9.2.5 Others
10. Company Profiles
10.1 3M
10.2 BASF SE
10.3 Clariant Ag
10.4 AkzoNobel N.V
10.5 Dupont
10.6 Axalta Coatings Systems
10.7 Kansai Nerolac Paints Ltd.
10.8 Beckers
10.9 Ppg Industries
10.10 Royal Dsm Nv (Dsm)
10.11 Berger Paints India Ltd.
10.12 Nippon
10.13 Arkema Group (Bostik Sa)
10.14 Valspar
10.15 Solvay
11. APAC Automotive Paints Market – Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Strategies Adopted By Top Companies
11.3 Market Share Analysis
12. Market Insights
12.1 Insights of Industry Experts
12.2 Investment Opportunities
12.3 Analyst Opinion
13. Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Paints are considered before automotive, and they are equally important when compared with automotive ingredients like engine specifications, serviceability, quality, and durability of the vehicle. These have large and emerging markets in the countries of APAC. Economies like China, India, Japan and South Korea have inclined growth as of the factors like cheap labour, government support and large local markets are promoting these markets.
APAC Automotive Paints Printing Market Size & Growth:
APAC automotive paints market is valued at $9.23 billion in 2018 and estimated to reach a value of $11.35 billion in 2024 at CAGR of 5.12 %. Key points like stringent emission regulations and environmental concerns enhancing the market for eco-friendly coatings, growing vehicle production and demand for advanced and innovative paints are accelerating this market, and the factors like fluctuating prices of raw materials are hampering the market growth.
APAC Automotive Paints Printing Market Share:
APAC Automotive Paints market is classified by coat type, by technology, by texture type, by vehicle type and by geography. By coat type, automotive paints are segmented as Electro coat, Basecoat, Clearcoat and Primer. By technology, they are segmented as solvent-borne, waterborne and powder coatings. By texture type, they are segmented as solid texture and metallic texture. By geography, they are segmented as China, India, Japan and South Korea.
APAC Automotive Paints Printing Market Trends:
- The markets related to the automotive paints are having the inclined growth. As the key players like BASF and AkzoNobel N.V. have seen good growth from past few years.
- BASF and SINOPEC expand production capacity to double the neopentylglycol to 80000 metric tons per year, and it had opened new construction plant in Thailand.
- GENAPOL ED 3060 is a multi-functional ingredient for waterborne paints is manufactured by clarinet corporation which adds value to the paint formulation.
APAC Automotive Paints Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- 3M
- DUPOINT CORPORATION
- BASF SE
- AKZONOBEL N.V.
- CLARIENT AG
1. Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
3. Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
4. Market Dynamics
4.1 Drivers
4.1.1 Stringent emission regulations and environmental concerns enhancing the market for eco-friendly coatings
4.1.2 Growing Vehicle Production and demand for advanced and innovative paints
4.2 Restraints
4.2.1 Fluctuating prices of raw materials
4.3 Opportunities
4.3.1 Partnerships between tier I suppliers and OEMs to develop paints
4.3.2 Upcoming advanced and innovative paint technologies
4.4 Challenges
4.4.1 Reduction in cycle time with lower energy costs and reduced environmental footprint of paints.
5. APAC Automotive Paints Market – By Coat type
5.1 Electrocoat
5.2 Basecoat
5.2.1 Metallic paint
5.2.2 Non Metallic paint
5.3 Clearcoat
5.4 Primer
6. APAC Automotive Paints Market – By Technology
6.1 Solvent-borne
6.2 Waterborne
6.3 Powder coatings
7. APAC Automotive Paints Market – By Texture type
7.1 Solid texture
7.2 Metallic texture
8. APAC Automotive Paints Market – By Vehicle type
8.1 Commercial vehicles
8.1.1 MHCV
8.1.2 LCV
8.2 Passenger vehicles
8.3 Two wheelers
9. APAC Automotive Paints Market – By Geography
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.2 Japan
9.2.3 India
9.2.4 Australia & New Zealand
9.2.5 Others
10. Company Profiles
10.1 3M
10.2 BASF SE
10.3 Clariant Ag
10.4 AkzoNobel N.V
10.5 Dupont
10.6 Axalta Coatings Systems
10.7 Kansai Nerolac Paints Ltd.
10.8 Beckers
10.9 Ppg Industries
10.10 Royal Dsm Nv (Dsm)
10.11 Berger Paints India Ltd.
10.12 Nippon
10.13 Arkema Group (Bostik Sa)
10.14 Valspar
10.15 Solvay
11. APAC Automotive Paints Market – Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Strategies Adopted By Top Companies
11.3 Market Share Analysis
12. Market Insights
12.1 Insights of Industry Experts
12.2 Investment Opportunities
12.3 Analyst Opinion
13. Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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