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Automotive OEM Coatings Market in Europe 2015- 2019 www.technavio.co m enquiry@technavi o.com

Automotive oem coatings market in europe 2015 2019

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Automotive OEM Coatings Market in Europe 2015-2019

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Automotive OEM Coatings Market in Europe 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Automotive OEM Coatings Market in Europe 2015-2019,please mail us at

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Key Trends

Technavio’s Senior Analyst says, “UV-cure coatings are expected to be in high demand. Though this technology accounts for a small share compared to other coating technologies, benefits such as ease-of-application and lower energy costs are expected to foster its adoption. Demand for UV-coatings for automotive OEM applications is still in its infancy and a gradual shift toward this technology is expected to happen over a longer period.”

• Automotive coatings are products that enhance the appearance and durability of a vehicle by protecting it from external factors such as UV radiation, extreme temperatures, and foreign particles such as stones, rubble, and debris. Automotive OEM coatings are used by automotive manufacturers for the production of new passenger cars, light commercial vehicles, and heavy commercial vehicles.

• Technavio's analysts forecast the automotive OEM coatings market in Europe to grow at a CAGR of 4.89% during 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Automotive OEM Coatings Market in Europe 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our

report:

Automotive OEM Coatings Market in Europe 2015-2019

Axalta Coating Systems

BASF

PPG Industries

Axalta Coating Systems was founded in 1866 and is headquartered in Philadelphia, Pennsylvania, US. The company, along with its subsidiaries, manufactures and markets high-performance coatings for the Transportation industry.

BASF was established in 1865 and is headquartered in Ludwigshafen Am Rhein, Rhineland-Palatinate, Germany. The company’s products and solutions engage in nutrition, conserving resources, and improving quality of life.

PPG Industries is an American company that was established in 1883 and is headquartered in Pittsburgh, Pennsylvania. It is involved in a variety of businesses worldwide.

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Market Landscape

• The market is expected to witness strong growth during the forecast period, with revenue posting a greater CAGR than consumption volume. Prices of automotive OEM coatings will rise at a steady pace, with advanced, eco-friendly coating technologies contributing to revenue growth.

• An increase in disposable income of consumers in Central and Eastern Europe has led to a strong demand for passenger cars.

• Moreover, automotive OEMs are establishing manufacturing facilities in such regions to gain low cost advantages.

• The introduction of new products with a unique mix of functionalities and properties by vendors is expected to be a key market driver.

• Customer customization by vendors has also provided a growth impetus, with vendors coordinating closely with automotive OEMs to develop and introduce customized solutions.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

• The automotive OEM coatings market in Europe is highly consolidated, with the top three vendors accounting for over 60% of the revenue share in 2014.

• A considerable number of regional vendors also exist in the market.

• However, the strong positions of the leading vendors in the market with commendable market shares pose a threat to the growth of such regional SMEs, unless breakthrough innovations propel their growth.

• The market is dominated by BASF, a global chemical company, and global vendors of paints and coatings such as PPG and Axalta.

• Vendors compete on the basis of four major factors: Price, innovation, quality and performance, and customer-centrism.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Automotive OEM Coatings Market in Europe 2015-2019

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