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Automotive Coatings Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Automotive Coatings Manufacturing Market Research Report | Industrial Machinery, Gas & Chemicals | Industrial Chemicals | Jul 2014

Smooth finish: Rebounding auto manufacturing will increase demand for automotive coatings

IBISWorld’s Automotive Coatings Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Axalta Coating Systems LLC Axalta Coating Systems LLC market share
PPG Industries PPG Industries market share
Valspar Valspar market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
5.3%
Annual Growth 14-19
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Profit
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Employment
8,740
Businesses
264
Industry Analysis & Industry Trends

During the recession, steep declines in demand for new vehicle manufacturing caused severe declines for coatings manufacturers as consumers decided to forgo paint jobs for their vehicles. However, as new vehicle manufacturing increased after the recession, so did demand for automotive coatings. In the five years to 2019, technological advances in coatings products will continue to boost demand for the industry, though profit will be pressured as input costs rise.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the mature phase of its life cycle because of its product saturation and market acceptance. After a bad patch in the 2000s, the industry began to recover in 2010 and further strengthened in 2011. Industry value added, which measures an industry's overall contribution to the economy, is expected to increase at an average annual rate of 3.2% from 2009 to 2019. By contrast, US GDP is expected to grow at an annualized rate of 2.5% over the same 10-year period. Although IVA is projected to grow at a faster rate than the overall economy, this is not indicative of a growing industry because the Automotive Coatings Manufacturing industry started at a relatively low recessionary base... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Automotive Coatings Manufacturing Industry?

This industry manufactures various coating products to decorate and protect automobile surfaces against wear, weather and corrosion. After production, firms sell the final products to automotive manufacturers, wholesalers, retailers and auto shops.

Industry Products
ElectrocoatsSolventborne primersWaterborne and powder coating primersClearcoatsBasecoats
 
Industry Activities
Manufacturing automotive coatingsResearching and developing automotive coatingsMarketing automotive coatings


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