Research and Markets has announced the addition of the "Automotive Coatings Manufacturing in the US" report to their offering.
Smooth finish: Rebounding auto manufacturing will increase demand for automotive coatings
Automotive coatings manufacturers have experienced a bumpy five years. During the recession, steep declines in demand for new vehicle manufacturing caused severe declines for coatings manufacturers. In addition, consumers decided to forgo paint jobs for their vehicles. However, as new vehicle manufacturing increased after the recession, so did demand for automotive coatings. In the coming years, technological advances in coatings products will continue to boost demand for the industry, though profit will be pressured as input costs rise.
This industry manufactures various coating products to decorate and protect automobile surfaces against wear, weather and corrosion. After production, firms sell the final products to automotive manufacturers, wholesalers, retailers and auto shops.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.