Automotive Paints market report provides an overview of industry on by analysing revenue, cost, gross, gross margin, growth rate, consumption, import, export, capacity, production, market share, price, etc. Industry chain, manufacturing process, cost structure, marketing channel are also analysed in this report.
Key Developments in the Automotive Paints Market:
- Nippon Paint, one of the leaders in the automotive paints market, has devised and developed a polarized paint, Maziora that changes color depending on the angle from which it is viewed or from where the light highlights it. The paint is suitably used to re-paint automobiles or as a high-design paint for new vehicles and designer racing cars.
- Nippon Paint created an advanced, brighter, stronger shade of soul red, its latest color developed in cooperation with Mazda, balancing quality and design with workability performance.
- Cathodic Electro-Deposition (CED) paint is one of the latest developments in providing the vehicle utmost protection against diverse climatic conditions. This electro deposition system acts as an anti-rust primer and also works effectively as an anti-corrosion agent. The market is expected to remain competitive in the presence of many players.