Refinish paint Market Forecast 2027: Projected Growth and Opportunities | Techsci Research

During the forecast period of 2022-2027, the global refinish paint market is expected to grow at a CAGR of approximately 4% in value terms. The growth of the refinish paint market can be attributed to the increasing demand for cars in emerging economies, rising income of middle-class population, and the growing propensity of car owners to repair their vehicles. The expansion of global players, increasing demand for refinish coating from various end-users, and growing use of refinish paint in various industries are also expected to fuel the demand for refinish paint worldwide.

Axalta Coating Systems, PPG Industries, BASF Akzonobel, Sherwin-Williams, 3M, Kansai Paint, Nippon Paint, KCC, Donglai Coating, among others, are some of the major players operating in the global refinish paint market.

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The objective of this study is

• To analyze and forecast market size of the global Refinish paint market, in terms of value.
• To define, classify and forecast the global refinish paint market on the bases of resin, technology, vehicle, layer and region.
• To scrutinize the detailed market segmentation and forecast the market size, in terms of value, based on region by segmenting global refinish paint market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
• To identify tailwinds and headwinds for the global refinish paint market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions in the global Refinish Paint market.
• To strategically profile the leading players, which are involved in the manufacturing or supply of refinish paint globally.
  
  

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TechSci Research conducted primary and exhaustive secondary research for this study, where they initially sourced a list of refinish paint manufacturers and conducted primary research surveys with the identified companies. Through this technique, TechSci Research was able to include providers that could not be identified due to the limitations of secondary research. They analyzed conductor, insulation material, end-user, and regional presence of all major refinish paint manufacturers across the globe. TechSci Research calculated the market size for the global refinish paint market using a bottom-up approach, where manufacturers’ value data for resin type of (polyurethane, epoxy, acrylic & others) refinish paint was recorded as well as forecast for the future years. They sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers or manufacturers to arrive at the overall market size. They also used various secondary sources such as companies, white papers, investor presentations, and financial reports.

Key Target Audience:

• Global refinish paint manufacturers
• Research organizations and consulting companies
• Organizations, associations and alliances related to refinish paint manufacturing
• Government bodies such as regulating authorities and policy makers.
• Industry associations
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as refinish paint manufacturer and policy makers, which market segments should be targeted over the coming years (next five years) to strategize investments and capitalize on growth of the market.

Browse full report with table, list and figures - https://www.techsciresearch.com/report/global-refinish-paint-market/1723.html

About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

 

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