PUNE INDIA, Jan. 28, 2023 (GLOBE NEWSWIRE) — The market has been studied for the segmentation and region-wise analysis mentioned below for North America, Europe, Asia, South America and Middle East & Africa. These are the key regions where the Automotive Paints and Coatings Market is in operation and is expected to be expanded soon. The manufacturers and suppliers involved Automotive Paints and Coatings Market are present transnationally in the regions mentioned above.

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The report provides a detailed understanding of the market segments formed by combining different prospects such as product, type, material and region. Apart from that, the following sections also discuss the key drivers, restraints, potential growth opportunities, and market challenges.

The major players in the world Automotive Paints and Coatings Market are Akzo Nobel NV, Cabot Corp, Axalta Coating Systems, Donglai Coating Technology, Kansai Paint Co. Ltd, BASF SE, Nippon Paint Holdings Co. Ltd, Clariant AG, Covestro, Dupont, Eastman, KCC Corporation, The Valspar Corporation, PPG Industries , Inc. and Wanda Repair. among other things. In order to gain a significant market share in the global automotive coatings and coatings market and strengthen their position, manufacturers are pursuing expansion methods such as recent developments, mergers and acquisitions, product innovations, collaborations and partnerships, joint ventures.

The global automotive paints and coatings market is expanding as consumer preferences move toward vehicles with compelling textures and enhanced aesthetic appeal. UV protection and color fastness are two key benefits of paints and coatings that are currently receiving a lot of attention. The growth potential of the market has increased with the emergence of a variety of…