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Business Analyst At San Global Research

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐏𝐚𝐢𝐧𝐭𝐬 𝐚𝐧𝐝 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟏. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 Automotive coatings serve the dual purpose of protection and decoration, with water-based acrylic polyurethane enamel paint emerging as the leading choice due to its environmental benefits. Typically applied in layers totaling around 100 µm in thickness, the process involves meticulous preparation and priming to ensure proper adhesion. Following the primer, a basecoat is applied, followed by a clearcoat that not only adds gloss but also offers UV resistance. The automotive paints and coatings industry has witnessed significant development, particularly in segments such as passenger vehicles (both water-based and solvent coatings) and commercial vehicles (likewise split between water-based and solvent coatings). Key enterprises in both developed and developing markets have contributed to advancements in technology, patents, and market trends. Forecasts for consumption value by type and application for the period 2024-2032 indicate promising growth trajectories. 𝐓𝐨 𝐊𝐧𝐨𝐰-𝐓𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐢𝐳𝐞 𝐀𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐎𝐟 𝐓𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐏𝐚𝐢𝐧𝐭𝐬 𝐚𝐧𝐝 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬.𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dF-FvUkS *𝗕𝘆 𝗧𝘆𝗽𝗲: Water-based Coating, Solvent Coatings, Powder Coatings, Others *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Passenger Vehicle, Commercial Vehicle *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻𝘀: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: AkzoNobel, BASF, AXALTA COATING SYSTEMS UK LIMITED, Cabot Corporation, Eastman, Teknos, Nippon Paint Holdings Co., Ltd., PPG Industries, Kansai Paint Co.,Ltd, Sherwin-Williams , KCC Paint Malaysia (KCC Paints Sdn. Bhd.), Covestro, Solvay, Valspar, Shanghai Kinlita Chemical Co., Ltd., YATU MART #automotivepaints #coatingsindustry #environmentalfriendly #polyurethane #applicationprocess #primercoating #basecoat #clearcoat #UVresistance #marketanalysis #passengervehicles #commercialvehicles #technologyadvancements #patentanalysis #marketforecasting #consumptiontrends #developedmarkets #developingmarkets #industryinnovation

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