Automotive refinish coatings help in enhancing the durability of automobiles and protect them from hazardous element .As per requirement such as primer, basecoat, clearcoat or filler is used to remove the dent of scratches from the damage vehicle. It also imparts anti-corrosion properties to the automotive surface. Since the advanced methods like solvent-borne or water borne or UV-cured have been introduced, it has been very easier to accomplish coating with lot more accurateness.
The Europe automotive refinish coating market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the Europe automotive refinish coating market is growing at a fast pace and increasing its geographical footprint rapidly. The Europe automotive refinish coating market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
Increasing automotive production in the Europe with increasing demand for aesthetic refinish of vehicles to enhance the appearance is expected to drive the market. European market always looks for premium product and hence they concentrate more on the appealing outer hood of their vehicles.
The Europe automotive refinish coatings market has remarkable usage across all major countries in the Europe such as Germany, France, UK, Italy, Belgium, and other European countries. Akzo Nobel NV, BASF SE, PPG, Axalta, etc., are some of the major manufacturers of automotive refinish coatings in the European region.
Research Methodology
At Market Krystal, we believe in a systematic approach towards the problem at hand. The process begins with the identification of a challenge/opportunity, followed by an exhaustive brainstorming by in-house and consulting experts. Based on the outcomes, an in-depth research (primary & secondary) is carried out to collect industry insights. The data is then analysed by a gamut of techniques (Statistics, Machine Learning, Econometrics, and Analytics) to derive inter-disciplinary deductions that are executable and result in value creation.
Market Krystal ensured a holistic approach by involving experts from diverse functionalities and locations. This allowed a 360 view of the industry dynamic. Market Krystal held more than 30 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By designation:
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
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