Europe Automotive Paints Market

The Europe automotive paints market report is a detailed study of this market, emphasizing regional trends and covering the various market segments. The report analyzes the market and performance of the companies currently present in the market. It highlights the contribution of each market segment to the overall market and market share of leading companies.

Automotive paints are used as a finishing material for automobiles. Usually, there are three stages in the paint job for automobiles. All the three stages are equally important for giving a desired finish to the automobile.

The first part of the paint job process for automobiles is the application of primer. Primer is the layer that serves as a protector as well as a leveler for the surface. The body parts of an automobile usually have some defect that make the surface uneven, which is taken care of by the primer. It further protects the surface from damage when it is exposed to extreme conditions.

The second part of the automotive paint job is application of basecoat. Basecoat is the layer that is responsible for giving the desired color to the surface. Three types of basecoats are used in automobiles: solid, metallic, and pearlescent, depending on the finish needed on the vehicle.

The third part involves the application of clearcoat. Unlike the basecoat, clearcoat is transparent. It is applied to provide protection to the basecoat from any damages that might arise due to exposure to extreme weather conditions and abrasions.

The Europe automotive paints market is projected to witness a CAGR of 4.4% between 2014 and 2019, indicating that there are ample growth opportunities for the automotive paints manufacturing companies.

The report segments the market on the basis companies, applications, types, macroindicators, and countries.

Companies of this market are Mercedes-Benz, Dow Corning Corporation, BASF Functional Solutions, Clariant Pigments, and other companies. Applications of this market are passenger cars, LCV, and HCV. Types of this market are basecoat, clearcoat, electrocoat, green coating, and primer. Countries of this market are U.K., Germany, Netherlands, and other countries.

The report includes segment-wise market breakdown, with market size provided both in terms of value and volume. The leading segments and companies have been outlined, emphasizing the growth factors and projected rate of growth during the forecast period.

The report includes a detailed product portfolio of the competing companies. Market development strategies of companies, including mergers & acquisitions, joint ventures, product launches, capacity expansions, R&D investments, and other strategic initiatives are also included.

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