Automotive Coating Market Growing at a CAGR of 7.02% from 2016 to 202 Sep 2016 | Page 3
Automotive Coating Market: Global
Forecasts to 2021
“Rising demand from end users in Asia-Pacific is the key driver of the global automotive
coating market“
Asia-Pacific is the fastest-growing market for automotive coating, in terms of both value and
volume. High economic growth rate, growing purchasing power, developing infrastructure,
increasing demand from end-use industries, and global shift in production capacity from
developed markets to emerging markets are the major factors leading to the growth of the
automotive coating market in this region.
In the process of determining and verifying the market size for several segments and sub
segments gathered through secondary research, extensive primary interviews have been
conducted. The breakdown of primary interviews is given below.
By Company Type - Tier 1 –40%, Tier 2 – 35%, and Tier 3–25%
By Designation - C level –55%, D level – 25%, and Others –20%
By Region - North America –35%, Europe – 25%, Asia-Pacific – 15%, South America– 10%,
and the Middle East & Africa – 10%
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