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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Analysis Chapter

Revenue for the Automotive Coatings Manufacturing industry is expected to increase over the five years to 2014. Although the recession led to declines in revenue as consumers became wary of spending money on discretionary purchases like new vehicles, 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 5.3% to $6.4 billion over the five-year period, lifted by an estimated 1.0% jump in 2014. 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... 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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