Automotive Bumper Paint Market: Definition and Introduction
An automotive bumper is a structure that is placed at the front as well as the rear end of a vehicle. The bumper protects the vehicle body and its occupants from low speed or minor collisions. The automotive bumper absorbs shock from crashes and minimizes damage to vehicle’s main body. Owing to their prominent placement on the vehicle’s body, automotive bumpers are not only used for vehicle protection, but also for making a style statement. Automotive bumper paint enhances the style and design quotient of the bumper. Automotive bumper paint also helps protect the surface of the bumper from scratches, stains, rust, corrosion, and other surface damage. Automotive bumper paints are used, both, at the factory level where OEMs produce components for new vehicle assembly, as well as in the aftermarket. The aftermarket use of automotive bumper paints is mostly a result of refurbishments that are carried out after crashes or upgrades carried out to suit individual customer tastes. Thus, automotive bumper paint is an important component in the overall automotive market.
For more insights into the Market, request a sample of this report @ https://www.persistencemarketresearch.com/samples/25663
Automotive Bumper Paint Market: Segmentation
On the basis of paint type, the automotive bumper paint market can be segmented as:
- Polyurethane Automotive Bumper Paint
- Epoxy Automotive Bumper Paint
- Acrylic Automotive Bumper Paint
On the basis of base type, the automotive bumper paint market can be segmented as:
- Water-based Automotive Bumper Paint
- Solvent-based Automotive Bumper Paint
- Powder Coating
On the basis of bumper type, the automotive bumper paint market can be segmented as:
- Composite Material
On the basis of end use, the automotive bumper paint market can be segmented as:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Military Vehicles
- Mining Vehicles
On the basis of application, the automotive bumper paint market can be segmented as:
For Information On The Research Methodology request here @ https://www.persistencemarketresearch.com/methodology/25663
Automotive Bumper Paint Market: Dynamics
Automotive bumper paint is subjected to various external conditions, and may also face a high impact situation in case of a collision. Thus, the automotive bumper paint needs to resist heat, corrosion, and scratches very well, and should also have high levels of strength to withstand external impacts. Customer expectations with regards to price and quality are ever increasing, and there an increasing need among automotive bumper paint manufacturers to provide best quality paint products in the most optimized prices. Water-based automotive bumper paint is fast gaining traction, as environmental concerns around the chemical composition of paints have increased. A proper understanding about the trends and forecasts of the automotive bumper paint market is very important for all stakeholders to stay well ahead of the competition. Automotive bumper paint is available in different finishes such as gloss or matte, to meet the varied demands of customers, and also in many colors and shades. Increasing automotive demand, especially passenger vehicles, is a key driver of the automotive bumper paint market.
Automotive Bumper Paint Market: Regional Outlook
The automotive bumper paint market is set to grow at a robust pace in the next 5 to 10 years, since the demand for both, passenger and commercial vehicles is expected to witness significant growth, especially in the emerging economies of Asia Pacific. China is set to witness significant demand for automotive bumper paint, in line with its huge automotive market, in terms of both, OEM and aftermarket sales. China possesses the biggest automotive manufacturing industry in the world, and the demand for automotive bumper paint will be driven by the ongoing high consumption levels of commercial and also passenger vehicles. The commercial vehicles segment is also projected to be a prominent segment in the automotive bumper paint market during the forecast period. Another key country for the automotive bumper paint market is India, with a fast growing economy and large automotive demand. Europe and North America have traditionally been stable markets for automotive bumper paint, and is expected to continue to witness steady growth. Germany is expected to lead the automotive bumper paint market in Europe. The U.S. continues to remain the largest market for automotive bumper paint in North America.
To receive extensive list of important regions, Request TOC here @ https://www.persistencemarketresearch.com/toc/25663
Automotive Bumper Paint Market: Market Participants
Some of the market players identified in the automotive bumper paint market include:
- PPG Industries
- Axalta Coating Systems
- The Sherwin-Williams Company
- The Valspar Corporation
- Kansai Paint Co., Ltd
- Rust-Oleum (RPM International Inc,)
- Nippon Paint Holdings Co., Ltd
- KCC Corporation
- SEM Products, Inc
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.
Persistence Market Research
Address – 305 Broadway, 7th Floor New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]
Website – https://www.persistencemarketresearch.com