Dummy Global Film Coating Agent for Automotive Market, By Type (Ceramic Coating, Polymer Coating, Others), By Application (Commercial Vehicle, Passenger Cars), By Region and forecast till 2030.

Report ID : AMR1003526 | Industries : | Published On :January 1970 | Page Count : 218

Request Sample
Ask for Customization
Inquire Before Buying
Speak to Analyst
Ask for Discount
Global Film Coating Agent for Automotive Market Global Film Coating Agent for Automotive Market was valued at USD 4,651.22 million in 2022 and is slated to reach USD 9,360.82 million by 2030 at a CAGR of 8.36% from 2023-2030. A chemical known as a film coating agent for automotive application is used to coat the surface of automotive parts with a thin, protective layer. Protection from corrosion, increased durability, improved look, reduced glare, increased heat resistance, and improved adherence of other coatings are just a few advantages that this film can offer. Market Drivers The Global Vehicle sales have increased from 78.7 million Units in 2020 to 82.6 million units in 2021. Of these sales of passenger cars were 53 million Units in 2020, which increased to 53.6 million units in 2021. Similar trends are witnessed with increasing population, purchasing power, improving lifestyles & standard of living, and developing infrastructure across the globe that is expected to boost the film coating agent for automotive market industry. EVs are expected to play a key part in the goal of zero emissions objectives set for 2050, for which the industry is preparing. The increased investments in various technological, infrastructural, and R&D Sectors have necessitated coating manufacturers to supply qualitative products to these end users, to capitalize on the increased demand in every region. Market Restraints Price and availability of raw materials are key factors for Film Coating manufacturers in deciding their cost structure and future investments. The key raw materials used in film coatings are resins, additives, and solvents obtained through petroleum distillates. Prices for these materials have been highly volatile, the coating manufacturing industry gets affected by higher-by-higher transport costs driven by inconsistent fuel prices, and higher manufacturing costs resulting from increasing energy costs. Such instability in raw materials costs with regulatory pressure from governmental organizations poses risks to profit margins of automotive coating manufacturers. To maintain profit Margins, the production costs are expected to be transferred to automobile manufacturers and subsequently, customers. The need for better performance coating has been driven by many factors, such as increasing demand for premium cars, preference for colors with trendy colors and demand for durable coatings. This has led to higher production costs, for both coatings and high manufacturers. Film Coating agent for automotive manufacturers have to balance fluctuating raw material prices, innovative products with Color variation and increased durability with decreased emissions. Covid-19 Impact The COVID-19 pandemic, that began in China and spread throughout the world, and had a drastic impact on the Global Film Coating Agent for Automotive Market. COVID-19 affected the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. COVID-19 has had a truly global impact, where supply chain has faced multiple fractures ? at component suppliers, at manufacturing sites and in the ?last mile? to the customer. With the pandemic sparking a major global recession, demand and prices for most industrial commodities have been driven lower. Global Film Coating Agent for automotive market fell into the trap of chain reaction as the global market for all kinds of automobiles was affected due to the covid 19 Pandemic, and the subsequent economic collapse. Recent Development In July 2022, BASF SE launched a new range of film coating agents for automotive applications. The new range is said to offer improved performance and durability. In June 2022, Axalta Coating Systems announced the acquisition of Covestro's automotive film coating business. The acquisition is expected to strengthen Axalta's position in the global film coating market. In May 2022, PPG Industries launched a new film coating agent for automotive applications. The new film coating agent is said to offer improved scratch resistance and UV protection. Market Segmentation Global Film Coating Agent for Automotive Market is segmented into By Type, Ceramic Coating, Polymer Coating, Others. By Application such as Commercial Vehicle, Passenger Cars. Regional Analysis In terms of market share in 2022, North America will continue to dominate the automotive film coating agent industry. This is brought on by the fact that the area is home to numerous automakers, including General Motors, Ford, and Fiat Chrysler Automobiles. The market expansion in this area is also being fueled by the rising demand for passenger automobiles and light commercial vehicles. The second-largest market for film coating agents for the automotive industry is Europe. The market in this region is expanding as a result of rising acceptance of sophisticated safety features in automobiles and rising demand for electric vehicles. Key Players This report includes a list of numerous Key Players, 3M, Avalon King, CarPro, CQuartz, ONYX Coating, Gtechniq, Nanolex, Optimum. Market Taxonomy By Type Ceramic Coating Polymer Coating Others By Application Commercial Vehicle Passenger Cars By Region North America U.S. Canada Mexico Latin America Brazil Argentina Colombia Peru Chile Venezuela Rest of Latin America Europe Germany France UK Russia Italy Spain Rest of Europe Asia Pacific China Japan India South Korea Australia New Zealand Singapore Malaysia Rest of Asia Pacific Middle East & Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest Middle East & Africa Inquiry Before Buying Request Free Sample Ask For Discount
Global Film Coating Agent for Automotive Market 1 Introduction 1.1 Objective of the Study 1.2 Market Definition 1.3 Market Scope 2 Research Methodology 2.1 Data Mining 2.2 Validation 2.3 Primary Interviews 2.4 List of Data Sources 3 Executive Summary 4 Global Film Coating Agent for Automotive Market Outlook 4.1 Overview 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.2.4 Cumulative Impact due to Recent Energy Crisis 4.2.5 Cumulative Impact due to Nearing Economic Downturn 4.2.6 Post Covid-19 World Supply & Demand Conditions 4.2.7 Cumulative Impact of Russia-Ukraine Conflict 4.3 Porters Five Force Model 4.4 Value Chain Analysis 5 Global Film Coating Agent for Automotive Market, By Type 5.1 Y-o-Y Growth Comparison, By Type 5.2 Global Film Coating Agent for Automotive Market Share Analysis, By Type 5.3 Global Film Coating Agent for Automotive Market Size and Forecast, By Type 5.3.1 Ceramic Coating 5.3.2 Polymer Coating 5.3.3 Others 6 Global Film Coating Agent for Automotive Market, By Application 6.1 Y-o-Y Growth Comparison, By Application 6.2 Global Film Coating Agent for Automotive Market Share Analysis, By Application 6.3 Global Film Coating Agent for Automotive Market Size and Forecast, By Application 6.3.1 Commercial Vehicle 6.3.2 Passenger Cars 7 Global Film Coating Agent for Automotive Market, By Region 7.1 Global Film Coating Agent for Automotive Market Share Analysis, By Region 7.2 Global Film Coating Agent for Automotive Market Size and Forecast, By Region 7.3 Global Film Coating Agent for Automotive Market Trends and Forecast, By Region 8 North America Film Coating Agent for Automotive Market Analysis and Forecast (2023-2030) 8.1 Introduction 8.2 North America Film Coating Agent for Automotive Market Size and Forecast, By Type 8.3 North America Film Coating Agent for Automotive Market Size and Forecast, By Application 8.4 North America Film Coating Agent for Automotive Market Size and Forecast, By Country 8.4.1 U.S. 8.4.1.1 Market Size and Forecast, By Type 8.4.1.2 Market Size and Forecast, By Application 8.4.2 Canada 8.4.2.1 Market Size and Forecast, By Type 8.4.2.2 Market Size and Forecast, By Application 8.4.3 Mexico 8.4.3.1 Market Size and Forecast, By Type 8.4.3.2 Market Size and Forecast, By Application 9 Europe Film Coating Agent for Automotive Market Analysis and Forecast (2023-2030) 9.1 Introduction 9.2 Europe Film Coating Agent for Automotive Market Size and Forecast, By Type 9.3 Europe Film Coating Agent for Automotive Market Size and Forecast, By Application 9.4 Europe Film Coating Agent for Automotive Market Size and Forecast, By Country 9.4.1 Germany 9.4.1.1 Market Size and Forecast, By Type 9.4.1.2 Market Size and Forecast, By Application 9.4.2 France 9.4.2.1 Market Size and Forecast, By Type 9.4.2.2 Market Size and Forecast, By Application 9.4.3 UK 9.4.3.1 Market Size and Forecast, By Type 9.4.3.2 Market Size and Forecast, By Application 9.4.4 Russia 9.4.4.1 Market Size and Forecast, By Type 9.4.4.2 Market Size and Forecast, By Application 9.4.5 Italy 9.4.5.1 Market Size and Forecast, By Type 9.4.5.2 Market Size and Forecast, By Application 9.4.6 Spain 9.4.6.1 Market Size and Forecast, By Type 9.4.6.2 Market Size and Forecast, By Application 9.4.7 Rest of Europe 9.4.7.1 Market Size and Forecast, By Type 9.4.7.2 Market Size and Forecast, By Application 10 Asia Pacific Film Coating Agent for Automotive Market Analysis and Forecast (2023-2030) 10.1 Introduction 10.2 Asia Pacific Film Coating Agent for Automotive Market Size and Forecast, By Type 10.3 Asia Pacific Film Coating Agent for Automotive Market Size and Forecast, By Application 10.4 Asia Pacific Film Coating Agent for Automotive Market Size and Forecast, By Country 10.4.1 China 10.4.1.1 Market Size and Forecast, By Type 10.4.1.2 Market Size and Forecast, By Application 10.4.2 Japan 10.4.2.1 Market Size and Forecast, By Type 10.4.2.2 Market Size and Forecast, By Application 10.4.3 India 10.4.3.1 Market Size and Forecast, By Type 10.4.3.2 Market Size and Forecast, By Application 10.4.4 South Korea 10.4.4.1 Market Size and Forecast, By Type 10.4.4.2 Market Size and Forecast, By Application 10.4.5 Australia 10.4.5.1 Market Size and Forecast, By Type 10.4.5.2 Market Size and Forecast, By Application 10.4.6 New Zealand 10.4.6.1 Market Size and Forecast, By Type 10.4.6.2 Market Size and Forecast, By Application 10.4.7 Singapore 10.4.7.1 Market Size and Forecast, By Type 10.4.7.2 Market Size and Forecast, By Application 10.4.8 Malaysia 10.4.8.1 Market Size and Forecast, By Type 10.4.8.2 Market Size and Forecast, By Application 10.4.9 Rest of Asia 10.4.9.1 Market Size and Forecast, By Type 10.4.9.2 Market Size and Forecast, By Application 11 Latin America Film Coating Agent for Automotive Market Analysis and Forecast (2023-2030) 11.1 Introduction 11.2 Latin America Film Coating Agent for Automotive Market Size and Forecast, By Type 11.3 Latin America Film Coating Agent for Automotive Market Size and Forecast, By Application 11.4 Latin America Film Coating Agent for Automotive Market Size and Forecast, By Country 11.4.1 Brazil 11.4.1.1 Market Size and Forecast, By Type 11.4.1.2 Market Size and Forecast, By Application 11.4.2 Argentina 11.4.2.1 Market Size and Forecast, By Type 11.4.2.2 Market Size and Forecast, By Application 11.4.3 Colombia 11.4.3.1 Market Size and Forecast, By Type 11.4.3.2 Market Size and Forecast, By Application 11.4.4 Peru 11.4.4.1 Market Size and Forecast, By Type 11.4.4.2 Market Size and Forecast, By Application 11.4.5 Chile 11.4.5.1 Market Size and Forecast, By Type 11.4.5.2 Market Size and Forecast, By Application 11.4.6 Venezuela 11.4.6.1 Market Size and Forecast, By Type 11.4.6.2 Market Size and Forecast, By Application 11.4.7 Rest of Latin America 11.4.7.1 Market Size and Forecast, By Type 11.4.7.2 Market Size and Forecast, By Application 12 Middle East Film Coating Agent for Automotive Market Analysis and Forecast (2023-2030) 12.1 Introduction 12.2 Middle East Film Coating Agent for Automotive Market Size and Forecast, By Type 12.3 Middle East Film Coating Agent for Automotive Market Size and Forecast, By Application 12.4 Middle East Film Coating Agent for Automotive Market Size and Forecast, By Country 12.4.1 Saudi Arabia 12.4.1.1 Market Size and Forecast, By Type 12.4.1.2 Market Size and Forecast, By Application 12.4.2 UAE 12.4.2.1 Market Size and Forecast, By Type 12.4.2.2 Market Size and Forecast, By Application 12.4.3 Egypt 12.4.3.1 Market Size and Forecast, By Type 12.4.3.2 Market Size and Forecast, By Application 12.4.4 Kuwait 12.4.4.1 Market Size and Forecast, By Type 12.4.4.2 Market Size and Forecast, By Application 12.4.5 South Africa 12.4.5.1 Market Size and Forecast, By Type 12.4.5.2 Market Size and Forecast, By Application 12.4.6 Rest of Middle East & Africa 12.4.6.1 Market Size and Forecast, By Type 12.4.6.2 Market Size and Forecast, By Application 13 Competitive Analysis 13.1 Competition Dashboard 13.2 Market share Analysis of Top Vendors 13.3 Key Development Strategies 14 Company Profiles 14.1 3M 14.1.2 Offerings 14.1.3 Key Financials 14.1.4 Business Segment & Geographic Overview 14.1.5 Key Market Developments 14.1.6 Key Strategies 14.2 Avalon King 14.2.1 Overview 14.2.2 Offerings 14.2.3 Key Financials 14.2.4 Business Segment & Geographic Overview 14.2.5 Key Market Developments 14.2.6 Key Strategies 14.3 CarPro 14.3.1 Overview 14.3.2 Offerings 14.3.3 Key Financials 14.3.4 Business Segment & Geographic Overview 14.3.5 Key Market Developments 14.3.6 Key Strategies 14.4 ONYX Coating 14.4.1 Overview 14.4.1 Overview 14.4.2 Offerings 14.4.3 Key Financials 14.4.4 Business Segment & Geographic Overview 14.4.5 Key Market Developments 14.4.6 Key Strategies 14.5 Gtechniq 14.5.1 Overview 14.5.2 Offerings 14.5.3 Key Financials 14.5.4 Business Segment & Geographic Overview 14.5.5 Key Market Developments 14.5.6 Key Strategies 14.6 Nanolex 14.6.1 Overview 14.6.2 Offerings 14.6.3 Key Financials 14.6.4 Business Segment & Geographic Overview 14.6.5 Key Market Developments 14.6.6 Key Strategies 14.7 Optimum 14.7.1 Overview 14.7.2 Offerings 14.7.3 Key Financials 14.7.4 Business Segment & Geographic Overview 14.7.5 Key Market Developments 14.7.6 Key Strategies 14.8 PPG Industries 14.8.1 Overview 14.8.2 Offerings 14.8.3 Key Financials 14.8.4 Business Segment & Geographic Overview 14.8.5 Key Market Developments 14.8.6 Key Strategies Inquiry Before Buying Request Free Sample Ask For Discount