Global Automotive Wheel Coatings Market Size 2022-2030:


Posted August 30, 2022 by harrkons

The report is titled ‘Automotive Wheel Coatings Market: Opportunity Analysis and Future Assessment 2020-2028’.

 
The report is titled ‘Automotive Wheel Coatings Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual automotive wheel coatings works, analytical approaches of the automotive wheel coatings market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The automotive wheel coatings market is expected to grow at a significant rate in the near future.

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Automotive Wheel Coatings Introduction

As things stand out, the automotive industry is one of the biggest spenders on the core research and development activities, subsequent to the software and electronics and healthcare industry. The automotive industry essentially focuses on the advancements of the in-vehicle experience and sustainability, and thus proposes new and innovative concepts.

Likewise, automotive wheel coating is another technique employed by several players to modify and alter the color of wheels, structure panels, and trim fragments through applying a colored powder onto the exterior.

Automotive Wheel Coatings Market Dynamics

The automotive wheel coating majorly serves its utility to improve the appearance and durability of the automotive vehicle, which is primarily boosting its demand all across the global markets.

In addition, the automotive wheel coating also assists in securing the vehicle from severe temperatures, as well as acid rain and UV radiation, which further contributes to its rising demand across the world. Attributing to which, the global automotive wheel coating market is projected to rise swiftly over the forthcoming years.

With the same token, several kinds of technology are employed in automotive wheel coatings which further enhances its properties, including solvent-borne, waterborne, UV-curved and powder coatings. Such factors are further projected to positively thrust the market growth in the following years. Moreover, the bumpy and poor roads as well as bad weather conditions is further elevating the demand of automotive wheel coating all around the world, ultimately estimated to lead to a rapid growth of the market over the forecast period.

However, high costs of automotive wheel coatings may slow down the market growth in the forthcoming years.

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Automotive Wheel Coatings Market Segmentation

The global automotive wheel coatings market is segmented on the basis of product type, coating type, substrate type, vehicle type, sales type, coating chemical type, rim size, and region.

By Product Type

Primers
Basecoat
Clear coat/Topcoat

By Coating Type

Powder
Liquid
Solvent Borne
Water Borne

By Substrate Type

Aluminium
Steel
Plastic

By Vehicle Type

2-Wheeler
Passenger Cars
Compact
Luxury
Mid-sized
Premium
Commercial Vehicles/Light Commercial Vehicles
Heavy Commercial Vehicles

By Sales Type

OEM
Aftermarket

By Coating Chemical Type

Acrylic Enamel
Acrylic Urethane
Acrylic Lacquer
Zinc Phosphate
Epoxy
Epoxy Polyester
Polyester
Polyurethane

By Rim Size

13”-15”
16”-18”
19”-21”
Above 21”

By Region

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

Automotive Wheel Coatings Market Key Players

The key participating players of the global automotive wheel coatings market include Helios Coatings, Inc., PPG Asian Paints, Allnex, Carborundum Universal Limited, Axalta Coating Systems, Ltd., Wheel Paints, Drexler Ceramic, 3M, Kansai Nerolac Paints Limited, Carlac Limited, Akzo Nobel N.V., DuPont, Dupli-Color, Nordson Industrial Coating Systems, among others.

To view Top Players, Segmentation and other Statistics of Automotive Wheel Coatings Industry, Get Sample Report @: https://reportsandinsights.com/sample-request/5649

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Last Updated August 30, 2022