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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 | Jun 2015

Smooth finish: The expanding economy will continue to boost industry demand

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
$8bn
Annual Growth 10-15
5.8%
Annual Growth 15-20
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Profit
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Employment
10,022
Businesses
298
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 Analysis Chapter

Revenue for the Automotive Coatings Manufacturing industry is expected to increase over the five years to 2015. Demand for automotive coatings increased as the economy strengthened and consumers had more money available for luxuries. To this end, industry revenue is anticipated to increase at an annualized rate of 5.8% to $7.8 billion over the five-year period, lifted by an estimated 2.5% jump in 2015. The industry’s projected high growth is a result of released pent-up demand. Moreover, the industry is starting at a relatively low base, inflating growth rates during the period.

Growth off a low base

The prospects of further turmoil in the automotive sector were mitigated with the uptick in vehicle sales and production since 2010... 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, operators 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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