demand for such coatings in the near future and thus , more players will get involved in research and development activities to address this market need .
Global Pretreatment Coatings Market : Region-wise Outlook
The key regions covered in the report are Asia Pacific , North America , Europe , Latin America , and the Middle East and Africa . Asia Pacific will represent a large share in the market , on account of growing domestic demand . The easy availability of resources and increasing disposable income are also contributing to the growth of the region . Moreover , the expansion of the aerospace sector , especially in the Indonesia , China , Japan , Taiwan , and Malaysia is driving the demand for pretreatment coatings in the region .
The sharp rise in the demand for chrome-free pretreatment coatings coupled with stringent government regulations for reducing air pollution is the primary factor fueling the growth of Europe and North America . Germany and France will be among major revenue contributors in Europe . Rising vehicle production along with the increasing demand for replacing aging vehicles is translating into the greater uptake of pretreatment coatings in the region . In Latin America , Brazil is expected to be a sight of high growth throughout the forecast period . Its proximity to the U . S . is an important factor promoting set up of production facilities in the country .
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Global Pretreatment Coatings Market : Competitive Landscape
Players in the global pretreatment coating market are involved in partnerships and collaboration activities to expand their shares in the market . Companies are investing sizeable funds in the research and development activities to enhance their visibility in this highly competitive arena . Some of the prominent companies operating in the market are Chemetall , 3M Company , AkzoNobel N . V ., Kansai Paint Co . Ltd , Axalta Coating Systems , Abrasives Inc ., Barton International , Troy Chemicals , Cym Materiales , Henkel , PPG Industries , and Nippon Paints .
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