The Increasing Demand of epoxy resins in Asia-Pacific, Disruptive driving habits, is expected to drive the Asia-Pacific Automotive Refinish Coatings Market in the forecast period of 2019 to 2026

Asia-Pacific automotive refinish coatings market is expected to reach at a CAGR of 7.6% in the forecast period of 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026

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Drivers: Asia-Pacific Automotive Refinish Coatings Market 

  • Growing demand of epoxy resins in automotive refinish coating application
  • Disruptive driving Habits Leading to more damage in vehicles

Restraints

  • Strengthening of governmental regulations with respect to high levels of volatile organic compounds
  • Increasing average cost per repair

Opportunity

Coating that supports matte finish

Challenge

Flocculation while applying a base coat

Major Players: Asia-Pacific Automotive Refinish Coatings Market 

Some of the major players operating in this market are The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., BASF SE, PPG Industries Inc., Akzo Nobel N.V., KANSAI Paint Co. Ltd., Axalta Coating Systems, Covestro AG, S. Coat CO., LTD, BESA, Bernardo Ecenarro S.A., KAPCI COATING, THE LUBRIZOL CORPORATION, NOROO PAINT & COATINGS CO. LTD., RPM International Inc., Guangzhou Zhenroumei Chemical Coatings Limited, Alpscoating, TOA Performance Coating Corporation Co., Ltd., Isamu Paint Co., Ltd, Esdee Pai , Berger Paints India Limited and others.