Industry Analysis & Industry Trends
The Automotive Coatings Manufacturing industry's performance is expected to trend higher over the five years to 2015. Although industry revenue is expected to grow, bolstered by a rebound in new car sales, the industry's relatively high growth largely reflects a recovery from recessionary lows. In the coming years, the industry is expected to benefit as the economy continues to improve, unemployment rates decline and consumers begin to spend again on luxuries like new automobile purchases and automotive customization.... purchase to read more
Industry Report - Industry Products Chapter
Automotive coatings manufacturers produce various exterior coatings, including basecoats, primers, electrocoats, and clearcoats, for automotive original equipment manufacturers (OEMs) and for the automotive paint aftermarket.
A basecoat provides the color, decorative effects and exterior aesthetic for a vehicle. Most firms in this industry produce a wide variety of colors and also offer decorative effects like micas, aluminum flakes and other pigmentation that add texture or shine to the vehicle's exterior. Basecoats are used on almost every vehicle an OEM produces. The basecoat connects with the clearcoat to form the exterior appearance of the vehicle. As such, this segment will account for the largest share of revenue in 2015 at roughly 36.9%... purchase to read more