North America Automotive Paints and Coating Market Projected to grow at a CAGR of 4.75% over the Forecast Period 2016-2024

New York, USA, 2018-Aug-16 — /EPR Network/ —According to Goldstein Research, North America automotive paints and coating market estimated at USD 4.85 billion in 2016, which is estimated to reach USD 7.0 billion by 2024, growing at a CAGR of 4.75% over the forecast period 2016-2024. The rise in sales of automobiles in the region coupled with the government support for using clean energy technologies is driving the growth of the market. Further, North America automotive paints and coating industry is witnessed to be growing on the back of large automotive aftermarket in the region which is compelling the use of automotive paints & coatings in the repair, maintenance and refurbishing of old vehicles.

Moreover, various big market players in the region such as Axalta Coating Systems are acquiring other small players to expand their foothold and sustain the competition.

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Market Segmentation

North America Automotive Paints and Coating Market can be segmented as follows:

By Technology

  • Water Based Paints and Coatings Market Analysis, 2016-2024
  • Solvent Based Paints and Coatings Market Analysis, 2016-2024
  • Others Paints and Coatings Market Analysis, 2016-2024

By Coat Type

  • Primer Market Analysis, 2016-2024
  • Basecoat Market Analysis, 2016-2024
  • Clear coat Market Analysis, 2016-2024
  • E-coat (Electro Coat) Market Analysis, 2016-2024
  • Other (Specialty Paints) Market Analysis, 2016-2024

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By End Users

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

By Country

  • United States Automotive Paints and Coating Market Analysis, 2016-2024
  • Canada Automotive Paints And Coating Market Analysis, 2016-2024

 

North America Automotive Paints and Coating Market Report Outlook 2024” contains detailed overview of the North America automotive paints and coating market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, coat type, vehicle type, end users and country.

The North America Automotive Paints and Coating Market Report highlights the competitive outlook of major players in North America market, of which includes the product portfolio, business strategies, revenue distribution, R&D activities, financial analysis and investments. The in-depth analysis of automotive paints and coating market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the North America automotive paints and coating market discussed in the report are: Axalta Coating Sytems, Nippon, BASF Coatings, PPG Industries, DuPont, Akzo Nobel Coatings, Kansai Paint Co. Ltd., The Sherwin-Williams, RPM International, etc.

Further, North America Automotive Paints and Coating Market Report encompasses the major trends & growth opportunities, market dynamics and other growth factors. The Automotive Paints and Coating Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. Report also includes the expert analysis which provides complete overview of the market post analysis of the economic, political, environmental & social factors in the U.S. & Canada.

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