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Refinish Paint Market for Automotive worth 8.50 Billion USD by 2022

The refinish paint market for automotive is projected to grow from USD 7.00 Billion in 2017 to USD 8.50 Billion by 2022, at a CAGR of 4.0% from 2017 to 2022. The growth of this market is driven by the increasing demand for cars, high collision rate, rising income of the middle-class population, and the propensity of car owners to repair their vehicles post any collision. In 2016, the passenger car segment accounted for the largest share of the overall automotive refinish coating market.

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Refinish Paint Market for Automotive worth 8.50 Billion USD by 2022

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  1. Refinish Paint Market for Automotive worth 8.50 Billion USD by 2022 The report "Refinish Paint Market for Automotive by Layer (Clearcoat, Basecoat, Primer, & Sealer), Resin (PU, Epoxy, & Acrylic), Technology (Waterborne, Solventborne & Powder), Vehicle (Passenger Cars, Commercial Vehicles), and Region - Global Forecast to 2022", The refinish paint market for automotive is projected to grow from USD 7.00 Billion in 2017 to USD 8.50 Billion by 2022, at a CAGR of 4.0% from 2017 to 2022. View Full Report : https://www.marketsandmarkets.com/Market-Reports/refinish-paint-market-9257396.html

  2. Introduction • The growth of this market is driven by the increasing demand for cars, high collision rate, rising income of the middle-class population, and the propensity of car owners to repair their vehicles post any collision. • In 2016, the passenger car segment accounted for the largest share of the overall automotive refinish coating market. View Full Report : https://www.marketsandmarkets.com/Market-Reports/refinish-paint-market-9257396.html

  3. Key Participants • Axalta (US), PPG Industries (US), BASF (Germany), Sherwin-Williams (US), Kansai Paint (Japan), Nippon Paint (Japan), KCC Corporation (Korea), and AkzoNobel (Netherlands) are some of the key market players in the refinish paint market for automotive. • Diverse product portfolios, strategically positioned R&D centers, continuous adoption of various growth strategies, and advancements in technologies for the development of new types of products and technologies are the factors responsible for the strong position of these companies in the refinish paint market for automotive. Speak with Analyst View Full Report : https://www.marketsandmarkets.com/Market-Reports/refinish-paint-market-9257396.html

  4. On The Basis Of Region: The refinish paint market for automotive in APAC expected to witness the highest growth during the forecast period. The growth can be majorly backed by the increasing demand for cars and rising income of middle-class population in emerging economies, such as China, India, and South Korea. Major key players are focused on inorganic growth strategies such as mergers & acquisitions to enhance its footprint as well as cater the growing demand in this region. Download PDF View Full Report : https://www.marketsandmarkets.com/Market-Reports/refinish-paint-market-9257396.html

  5. About Us MarketsandMarkets™provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach Markets and Markets™ for their pain points around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. View Full Report : https://www.marketsandmarkets.com/Market-Reports/refinish-paint-market-9257396.html

  6. How Markets & Markets is different? • Most-detailed market segmentation in the industry • In-depth analysis of patents and profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities. Request for free sample report View Full Report : https://www.marketsandmarkets.com/Market-Reports/refinish-paint-market-9257396.html

  7. Thank You Contact Us: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road, Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com Get 10% Discount on customization of report. View Full Report https://www.marketsandmarkets.com/Market-Reports/refinish-paint-market-9257396.html

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