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Growing Connections The Eco Friendly Impact of Seed Paper Business Cards

Posted by LittleGreenPaperShop on March 28, 2024 at 7:36pm 0 Comments

Seed paper business cards are exactly what they sound like – paper embedded with seeds. This unique paper is crafted from recycled materials like post-consumer waste and cotton fibers, making it biodegradable and environmentally friendly. The seeds embedded within the paper can vary, ranging from wildflowers and herbs to vegetables, depending on the desired outcome. When planted in soil and given proper care, these seeds germinate, sprouting new life from what…

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Top Slot Games and Sites: Singapore's Online Betting Gems

Posted by EZ12bet on March 28, 2024 at 7:14pm 0 Comments

In the vibrant city-state of Singapore, where entertainment and technology intersect seamlessly, online betting sites have become a popular avenue for thrill-seekers and gaming enthusiasts alike. Among the plethora of options available, slot games stand out as a perennial favorite, offering a perfect blend of simplicity, excitement, and potential rewards. Let's delve into the realm of online betting and explore the allure of…

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automotive coatings market Scope With Key Players, Price And Forecast To 2027

The global automotive coatings market is looking forward to robust growth and is projected to attain nearly USD 25 Billion by the end of 2027, unveils Market Research Future (MRFR) in a detailed research report. The move towards the development of light-weight vehicles and low-temperature curing are driving the global automotive coatings market. Various factors have supported the growth of the global automotive coatings market. The rise in the number of global car sales purveyed by rising disposable income, especially in the developing countries is a primary factor contributing towards market growth. Low cost of financing and cheaper fuel price have also increased the degree of vehicle ownership in emerging markets.  The trend of replacement of old cars posts the global recession has resulted in the purchase of new cars which too has acted as a bonus for the market growth. To sustain intense competition, automakers are exploring materials to create multi-substrate designs and light-weight cars. Development of compact paint processes by key players to achieve sustainability targets has also augmented the growth of the market. Modern automotive coatings provide long-lasting protection and improve longevity which in turn contributes to sustainability. However, coating in the car manufacturing process is one of the most cost and energy-intensive process which has the most significant environmental footprint as well. This has encouraged regulatory authorities in various countries to impose restrictions on certain materials in automotive coatings. Powder automotive coatings have emerged as a solution to this problem since it is a solvent-free method of coating and does not release any volatile organic compounds. Powder automotive coatings have been gaining traction and is expected to provide opportunities for market expansion.

Segmentation

The global Automotive Coatings Market has been segmented based on product, substrate, technology, and resin type. By product, the market has been segmented into primer, basecoat, electro-coat, and clear coat, and others. By substrate, the market has been segmented into metal, plastics, composites, and others. By technology, the market has been segmented into water-borne, solvent-borne, powder, and radiation curable. By resin type, the market has been segmented into polyurethane, epoxy, automotive, and others.

 Competitive Landscape

The prominent players in the global automotive coatings market include BASF SE (Germany), Kansai Paint Co.,Ltd.. (Japan), Jotun (Norway), PPG Industries, Inc. (U.S.), Arkema SA (France), Clariant (Switzerland), Cabot Corporation (U.S.), Bayer AG (Germany), Axalta Coating Systems (U.S.), Akzo Nobel N.V. (Netherlands), Nippon Paint Holdings Co., Ltd. (Japan), The Valspar Corporation (U.S.), Berger Paints India Limited (India), Koninklijke DSM N.V. (Netherlands), and The Sherwin-Williams Company (U.S.).

 Regional Analysis

The global automotive coatings market spans across the regions of North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific is leading the global automotive coatings market since Asia Pacific has been taking an increasing share of global vehicles sales. Fast GDP growth, rise of the middle class and replacement of old vehicles in the region support the growth of the market in APAC. India, Japan, South Korea, China, and Malaysia are the key contributors to the APAC automotive coatings market. North America is the second largest market for automotive coatings. The US is the largest consuming market for automotive coatings, and high sales of vehicles, especially luxury cars in the region favor the growth of the automotive coatings market. Europe is another profitable market for Automotive Coatings. Majority of automotive manufacturers have their manufacturing base in Europe which makes Europe a worthwhile market. The U.K., France, Germany, Italy, and Belgium are the major contributors to the Europe automotive coatings market. The Middle East & Africa market is expected to exhibit substantial growth over the forecast period due to improving economy and increasing industrialization in the region.

Industry Updates
  • In September 2018, BASF, German chemicals, and specialty materials unveiled a new modular lab for automotive coatings in Munster, Germany. The new lab would assist car makers in Europe in development of new coating solutions.
  • August 2018- Ferrari, the Italian luxury sports car maker, has come up with a new low-bake automotive coating technology in partnership with PPG, an American supplier of paints, coatings, and specialty materials. The two-component paint system allows the car to be baked which enhances the paint's toughness to water and other contaminants.
 About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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New York, New York 10013

United States of America

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Email: [email protected] 

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