Vacuum Insulation Panel Market Analysis by Core material, Application & Segment Forecasts To 2024

The global Vacuum Insulation Panel Market is expected to reach USD 9.07 billion by 2024, according to a new report by Grand View Research, Inc. Growing construction spending is expected to assist the growth for vacuum insulation panel over the forecast period. These are preferred more, owing to their thermal resistance properties compared to conventional insulation materials.

Moreover, the International Energy Agency issued strict regulations to conserve energy which has further propelled the demand for such panels. These panels help in reducing greenhouse gas emissions such as carbon dioxide from the atmosphere, thus helping to prevent polluting the environment to a large extent. Such a trend is anticipated to benefit the overall market over the next eight years.

However, vacuum insulation panels exhibit a heavier weight than conventional insulation materials which is expected to remain a key challenge for market participants. Factors such as, durability, shape and fragility are also anticipated to determine the demand for vacuum insulation panels in future.

Several R&D initiatives are being taken to introduce automated panels, which shall result in cost reduction of vacuum insulation panels over the forecast period. Recently, EVAL EVOH resins are added to provide an outer lamination coating for vacuum insulation panels to increase their shelf life.

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Further key findings from the report suggest:

  • The global Vacuum Insulation Panel Market demand was 31.4 million square meters in 2015 and is expected to reach 45.7 million square meters by 2024, growing at a CAGR of 3.8% from 2016 to 2024
  • Silica-based panels dominated the global market in 2015 and are expected to grow at a CAGR of 4.2% over the next eight years. Silica-based panels are widely used in the construction industry due to its thermal resistant properties.
  • Flat glass emerged as the leading product segment and accounted for 55.4% of total market volume in 2015. Easy manufacturing method without any production hassles is an important factor that determines its growth over the forecast period.
  • Construction was the most dominant application with demand share exceeding 55% in 2015. The shift towards energy conservation coupled with increasing construction spending in Asia Pacific is expected to drive this segment.
  • Asia Pacific was the leading regional market and accounted for 42.6% of global demand in 2015. Growing urbanization coupled with increasing trend of infrastructural development due to rising population particularly in China and India is expected to steer the regional growth over the forecast period.
  • Major industry participants include Evonik Industries, Hausys Ltd, Panasonic Corporation, ThermoCor, OCI company Ltd. and Porextherm Dämmstoffe GmbH.

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Grand View Research has segmented the global Vacuum Insulation Panel Market on the basis of core material, product, raw material, application, and region:

Global Vacuum Insulation Panels Core Material Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 – 2024)

  • Silica
  • Fiberglass
  • Others

Global Vacuum Insulation Panels Product Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 – 2024)

  • Flat
  • Special Shape

Global Vacuum Insulation Panels Application Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 – 2024)

  • Construction
  • Cooling & Freezing devices
  • Logistics
  • Others

Global Vacuum Insulation Panels Raw Material Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 – 2024)

  • Plastics
  • Metals

Global Vacuum Insulation Panels Regional Outlook (Volume, Million Meter Squares; Revenue, USD Million, 2014 – 2024)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.coma

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Future Scope for Small Arms Light Weapons in Asia Pacific Region Till 2024

The global small arms light weapons market is expected to reach USD 25.76 billion by 2024, according to a new report by Grand View Research, Inc. The increasing issues on human rights and safety and security are expected to drive the demand. The increasing effects of urban warfare along with increasing terrorism incidents have also led to the development of the small arms light weapons across various regions. An increase in the urban warfare along with increased terrorist activity is anticipated to propel the market growth. The development of light-weight weapons for further enhancement of defense system is an ongoing trend in the developed countries.

Increasing criminal activities and human rights violations have resulted in the increased efforts for the technology advancements and modernization of the weapons utilized by law enforcement. The Combat Development and Integration Command’s Fires and Maneuver Integration Division of marines introduced the small arms modernization strategy which is expected to focus on updating and developing the current weapons in short-term and futuristic systems that could hit the fleet in the 2020s.

The governments of various countries are also investing their resources for the development of highly sophisticated weapon accessories such as night vision devices, laser rangefinders, weapon sights, aiming lasers, and fire control systems. High investment in the defense Research & Development (R&D) for shoulder –wired weapons made for developing a highly robust, reliable, and durable weapons system has also catapulted the demand for light weapons in military applications. The limited defense budget to boost the development of defense system is expected to hinder the market growth.

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Further key findings from the study suggest:

  • In 2015, light weapons market accounted for over 60% of the overall market share and is also expected to significantly growth over the forecast period. The implementation of modernization programs for police and the military forces is expected to drive the growth.
  • Rifles in small arms segment are expected to witness a significant growth at a CAGR of over 20% over the forecast period. The increasing interest of civilians in the shooting sports is expected to be the reason for growth.
  • Grenade and grenade launchers are expected to witness enormous growth in the light weapons segment owing to increased stress between countries and increased development of grenade launchers
  • The military application segment is anticipated to witness substantial growth and is estimated to reach over USD 13.0 billion by 2024. The widespread geographic presence of terrorism and human rights violation had led to the increased demand of light weapons market. Increased violation of civilians rights and law enforcement regulations have also triggered its growth.
  • The Asia Pacific SALW market is anticipated to grow at a CAGR of over 25% over the forecast period. Increasing technology and economic developments in the emerging countries such as China and India with their cross-border disputes has contributed to the growth.
  • Notable companies operating in the SALW market include Raytheon, Berette S.p.A., GLOCK Ges m.b.H., and FN Herstal SA

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Grand View Research has segmented the global SALW market on the basis of type, application, and region:

SALW Market Type Outlook (Revenue, USD Million; 2014 – 2024)

  • Small Arms
  • Light Weight

SALW  Market Application Outlook (Revenue, USD Million; 2014 – 2024)

  • Military
  • Law Enforcement

SALW Market Regional Outlook (Revenue, USD Million; 2014 – 2024)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • RoW
    • MEA
    • South America 

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Adoption of Convenience-Oriented routine will fuel Baby Product Industry development over the forecast period

The global baby product market is expected to reach USD 121.0 billion by 2025, according to a new report by Grand View Research, Inc. Rising spending capability in matured economies of North America and Europe will augment industry growth over the next nine years.

Increasing birthrate in emerging economies of Asia Pacific including India and China is anticipated to drive the demand for infant items over the forecast period. Rising awareness among the customers about infant nutrition, hygiene, and safety in the region will fuel demand over the forecast period. Continuous innovation among manufactures is expected to propel industry growth over the forecast period.

Cosmetics & toiletries held the largest share in the market. Cosmetics help to enhance infant skin, provide nourishment, resist swelling, itching, rashes and inflammations. Apart from that it tends to posses’ antibacterial, antifungal, antimicrobial, which soothe and provide luster to the skin. These beneficial properties are expected to drive the demand over the forecast period.

Infant food provides essential ingredients which include vitaminB12, protein, carbohydrate, and iron which are required in different growth phases of babies, so as to develop a good immune system. Rising number of food varieties coupled with its ease of use when travelling is expected to have a positive impact on the market over the forecast period.

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Further key findings from the report suggest:

  • Baby product market is expected to witness growth at a CAGR of 6.9% from 2016 to 2025 owing to increased female working population resulting in higher demand for ready-to-use items
  • Cosmetics & toiletries will witness the fastest growth at a CAGR of 7.3% from 2016 to 2024 owing to rising awareness regarding infant hygiene
  • Asia Pacific market was estimated at over USD 17 billion in 2015 on account of growing awareness about baby nutrition, hygiene and safety coupled with increased disposable income
  • Key participants include Procter & Gamble Company, Kimberly-Clark Corporation, Johnson & Johnson Plc, Unilever Plc, Nestle S. A, and Abbott Nutrition
  • Key companies in the market are focused on increasing their global presence through mergers & acquisitions and brand awareness. In November 2016, Dabur South Africa (Pty) Ltd acquired South Africa’s CTL Group of Companies personal care, hair care & creams businesses for USD 1.3 million
  • In July 2016, Johnson & Johnson Consumer Inc. completed the acquisition of Vogue International LLC, which is engaged in the manufacturing and distribution of hair care and other personal care products for $3.3 billion

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Grand View Research has segmented the global baby product market on the basis of product and region:

Baby Product Outlook (Revenue, USD Billion, 2014 – 2025)

  • Cosmetic & Toiletries
  • Baby Skin Care Products
  • Bath Products
  • Baby Hair Care Products
  • Other Cosmetics & Toiletries
  • Baby Food
  • Milk Products
  • Frozen Baby Food
  • Baby Juice
  • Baby Food Snacks
  • Baby Food Cereals
  • Baby Safety & Convenience
  • Baby Strollers
  • Baby Car Seats

Baby Product Market Regional Outlook (Revenue, USD Billion, 2014 – 2025)

  • North America
  • U.S.
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • India
  • Japan
  • South & Central America
  • Brazil
  • Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Growing demand for Safety and Optimum Comfort is driving Rear Axle Market over the forecast period

The global rear axle market is expected to reach USD 57.77 billion by 2024, according to a new report by Grand View Research, Inc. The increasing concern over safety and security is anticipated to drive demand over the forecast period.

The increasing urbanization in the developed countries has led the consumers to seek alternatives to car ownership. Integrated mobility business and car-sharing has become the ongoing trend in the developed nations. The original equipment manufacturers are expected to diversify the product portfolio for offering services which include car-sharing to have a wider presence in all the diversified segments.

The increasing demand for value for money (VFM), which includes high mileage and fuel efficient products, is anticipated to catapult the vehicle industry. Developed markets, such as Europe and the U.S., represent the dominant share in the industry. Intense competition in the developed markets has led to a shift in the focus toward the emerging markets. Furthermore, the changing lifestyle, rise in disposable income, and stabilizing economic conditions have also led the emerging countries, such as India and China, to exhibit market growth.

The development of new technology, which includes connected cars, is a fully-digitized vehicle with advanced infotainment systems. Moreover, apps, Wi-Fi, and vehicle-to-vehicle communications have enhanced the basic safety such as position and speed, real-time location, and routing based on traffic conditions. Also, the development of smart cars, which provide a relinquishing control of vehicles with functions such as self-parking, self-braking, automatic accident avoidance features, automatic cruise control based on road conditions. The economic slowdown and falling stock prices have affected the sales of the automotive industry. China Association of Automobile Manufacturing (CAAM) confirmed a weaker growth of the sector as compared to that in 2014.

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Further key findings from the study suggest:

  • In 2015, the drive axles segment accounted for over 40% of the overall revenue. Numerous interconnecting systems have been incorporated with the drive shaft to increase efficiency, control the movement, and power. With the engine power turning the axle to create movement, drive shafts are used in a broad spectrum of vehicles.
  • The economy vehicles segment is estimated to witness an enormous growth and is anticipated to reach over USD 22.0 billion by 2024. The demand is reflected in the shorter lead times in development, higher fuel economy, lower vehicle noise, and higher engine power. Rear axles used in these vehicles which offer better fuel consumption and lower noise levels.
  • The Asia Pacific rear axle market is expected to grow at a CAGR of 4.9% from 2016 to 2024. Emerging countries, such as South Africa, India, and Malaysia, are expected to boost the overall industry demand. SA exhibited a significant growth under the motor industry development program. Economy vehicles are expected to dominate the overall market in context with the rear axle application.
  • Notable companies operating in the rear axle market include American Axle & Manufacturing Holdings, Dana Holding Corporation, Meritor, Inc., Daimler Trucks North America LLC, and ROC Spicer Ltd.

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Grand View Research has segmented the global rear axle market on the basis of type, application, and region:

Rear Axle Type Outlook (Revenue, USD Million; 2015 – 2024)

  • Drive
  • Dead
  • Lift

Rear Axle Application Outlook (Revenue, USD Million; 2015 – 2024)

  • Heavy vehicles
  • Luxury vehicles
  • Executive vehicles
  • Economy vehicle
  • SUV
  • MUV
  • Railways

Rear Axle Regional Outlook (Revenue, USD Million; 2015 – 2024)

  • North America
  • Europe
  • Asia Pacific
  • ROW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Lead Acid Battery Market: Telecom Sector is projected to grow at a CAGR of 5% from 2016 to 2025

The global lead acid battery market is expected to reach USD 84.46 billion by 2025, according to a new report by Grand View Research, Inc. Expansion of the automotive industry in China, India, Brazil, Mexico, South Africa, Indonesia, and Germany is anticipated to drive industry growth. Furthermore, increasing utilization of energy storage systems and UPS in industries including mining, oil & gas, nuclear power, electricity generation, gas turbine, construction, hospitality, banking, manufacturing, and off-grid renewable is anticipated to drive lead acid battery demand over the forecast period.

Electric bikes are expected to witness growth at a CAGR of 6% from 2016 to 2025 owing to zero carbon emission and low-cost mobility. Increasing prices of gasoline and diesel fuels are expected to attract more consumers towards using these environment-friendly e-bikes. Furthermore, rising population and traffic congestion are expected to fuel the demand for e-bikes, which, in turn, is likely to boost industry growth over the upcoming years.

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Further key findings from the report suggest:

  • Motive power accounted for 24.1% of market share in 2015. These batteries are used in industrial applications including forklifts, golf carts, railroads, and mining vehicles. Increasing requirement for transport vehicles and forklifts mainly in India and China on account of rapid industrialization is expected to propel demand.
  • Telecom sector was the second largest application industry and is projected to grow at a CAGR of 5% from 2016 to 2025. The need for efficient management of wireless connections coupled with continuous maintenance of security levels is anticipated to stimulate the demand for lead acid batteries in the telecom industry.
  • Europe accounted for 24.7% of the global market share in 2015 and is expected to foresee substantial growth over the next nine years. Widespread production of automobiles in countries including Germany, Italy, Sweden, UK, and the Czech Republic along with the presence of major automotive manufacturers, such as Audi, BMW, Mercedes-Benz, Jaguar, Volkswagen, Volvo, and Fiat, in the region is expected to aid in industry expansion.
  • Asia Pacific is projected to witness remarkable growth in light of increasing need for energy storage systems. Rising demand for renewable energy along with favorable support from the government for the development of solar and wind energy is anticipated to drive the usage of energy storage systems. The abovementioned factor is expected to influence product demand over the upcoming years positively, and the market is estimated to be worth USD 39.42 billion by 2025.
  • The industry is competitive in nature with major manufacturers including EnerSys, Johnson Controls, GS YUASA, Exide Technologies, East Penn, and ATLASBX Co., Ltd. dominating the global market. In October 2015, Crown Equipment Corporation launched forklift fleet run by lead acid batteries to lengthen the battery runtime and increase its efficiency.

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Grand View Research has segmented the global lead acid battery market on the basis of product, construction method, application and region:

Product Outlook (Revenue, USD Million; 2014 – 2025)

  • SLI
  • Stationary
  • Motive

Construction Method Outlook (Revenue, USD Million; 2014 – 2025)

  • Flooded
  • VRLA

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Automotive
  • UPS
  • Telecom
  • Electric bikes
  • Transport vehicles
  • Others

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • US.
  • Europe
    • Germany
    • UK
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • MEA
    • South Africa
    • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Chitosan Market is expected to witness significant growth over the forecast period

The global chitosan market is expected to reach USD 17.84 billion by 2025, according to a new report by Grand View Research, Inc. Chitosan market demand is primarily driven by factors including raw material availability, price, and product quality. Rising application scope of the product as an eco-friendly compound in waste water treatment, textile and agrochemical industry is expected to propel demand over the projected period.

Chitosan is a one of the most abundantly available biopolymers and is primarily obtained from shrimp shell waste disposed of by the fishery industry. As a result, integration with fishery industries in order to source raw material is the key factor promoting growth. In addition, abundant availability coupled with low cost of the raw materials is expected to propel demand.

The market was initially dominated by Japanese companies over the past few years. However, other Asian countries including China and India are expected to witness significant growth owing to increasing number of new market players.

The majority of the compound produced lacked purity, which is essential primarily in the pharmaceutical and medical industry, which is expected to hamper growth over the forecast period. In addition, low production volumes and high product cost associated with high purity chitosan are expected to compel manufacturers for product innovation and capacity expansion.

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Further key findings from the report suggest:

  • Water treatment is expected to grow at a CAGR over 17% from 2016 to 2025, owing to its high demand for removal of metals and chemicals from wastewater including pesticides, surfactants, phenol and polychlorinated biphenyls
  • The demand for the compound in food & beverage application in Europe was valued over 290 Million in 2015 and is expected to grow at significant rate owing to rising demand for wine processing industry
  • In North America, cosmetics was the largest application segment for the product with the market value over USD 1.42 billion in 2015 and is likely to grow owing to the rising demand for bio-derived personal care products
  • Key players in the industry include Yunzhou Biochemistry Co., Advanced Biopolymers AS, Biophrame Technologies, United Chitotechnologies Inc., Koyo World (Hong Kong) Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co. Ltd., Agratech LLC., Kraeber& Co. GmbH, Foodchem International Corporation, and FMC Corporation

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Grand View Research has segmented the chitosan market on the basis of application and region:

Chitosan Market Application Outlook (Volume, Tons; Revenue, USD Million, 2013 – 2025)

  • Water Treatment
  • Pharmaceutical & biomedical
  • Cosmetics
  • Food & beverage
  • Others

Chitosan Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 – 2025)

  • North America
  • Europe
  • Japan
  • Asia Pacific
  • Rest of the World

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Growing Population and improving the Standard of Living is playing vital role in Automotive Coatings Industry expansion

The global automotive coatings market is expected to reach USD 36.31 billion by 2025, according to a new report published by Grand View Research, Inc. Surging demand for both passenger and commercial automobiles in emerging countries including China, India, Mexico, Brazil, and South Africa on account of population growth and developing living standards is expected to augment market size over the forecast period. Moreover, increasing requirement of protection against harsh climate, dust, dirt, UV radiation, and acid rain is expected to aid in industry expansion.

Growing number of accident in countries including India and Brazil owing to adverse road conditions in mountainous areas is anticipated to fuel the demand for these products over the upcoming years. Moreover, increasing requirement of maintenance, repair, and refurbishing work of old vehicles is expected to stimulate growth.

Rising consumption of powder coatings in light of its superior properties, such as near zero volatile organic compound emissions and thicker layer compared to conventional coatings, is expected to increase market size. Furthermore, continuous investments by manufacturers along with increasing number of manufacturing facilities in Brazil and China will drive growth over the forecast period.

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Further key findings from the report suggest:

  • The global automotive coatings industry demand was 5,902.7 kilo tons in 2015 and is expected to grow significantly on account of increasing vehicle production in rapidly emerging countries including China, Japan, India, Mexico, Brazil, South Korea, Brazil, and South Africa
  • Waterborne coatings market demand is anticipated to witness strong growth in light of stringent regulations pertaining to the usage of solvent borne technology. In addition, superior properties, such as corrosion resistance, flexibility, hardness, stain resistance, adhesion, low flammability, and toxicity, are expected to surge product demand over the next nine years.
  • North America contributed to 22.7% of the overall revenue share in 2015 and is estimated to witness growth on account of rising demand for pickup trucks and utility vehicles in the region
  • Central and South America is expected to see substantial revenue rise at a CAGR of 5.4% from 2016 to 2025 owing to increasing small car production in Brazil. Furthermore, large automobile manufacturers including General Motors, Volkswagen, and Hyundai have been shifting their base to the region owing to lower operation costs, which is likely to aid in market expansion.
  • The industry is highly competitive in nature, and manufacturers are involved in continuous product development and R&D activities. Manufacturers including Axalta Coating Systems, PPG Industries, BASF, Nippon Paint, AkzoNobel, and Kansai Paint are some of the key players in the market.
  • In April 2015, Axalta established a new R&D technology center in Shanghai to develop new products for the global commercial vehicle, light vehicle OEM, refinish and industrial customers

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Grand View Research has segmented the global automotive coatings market on the basis of product, technology, application, end-use, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

  • Primer
  • Electro coat
  • Basecoat
  • Clear coat

Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

  • Waterborne Coatings
  • Solvent borne Coatings
  • Powder Coatings
  • UV-cured Coatings

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

  • Metal Parts
  • Plastic Parts

End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

  • Light Vehicle OEM
  • Commercial Vehicle OEM
  • Automotive Refinish

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

  • North America
    • US.
  • Europe
    • Germany
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com