Albany, NY -- (SBWIRE) -- 08/15/2016 -- Automotive coatings are products that enhance the exterior appearance and durability of a vehicle by protecting it from harsh external factors such as UV radiation, heat and cold, and grit from the road. Automotive adhesives and sealants are bonding agents with similar chemical constitutions and different functionalities. Adhesives are primarily used to provide structural stability to objects by binding two surfaces, whereas sealants are used to enable airtight or watertight closure of the space between two surfaces by adding a protective coating between them.

Technavios analysts forecast the global automotive coatings, adhesives, and sealants market to grow at a CAGR of 5.67% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global automotive coatings, adhesives, and sealants market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the five prominent vendors operating in the market.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, Global Automotive Coatings, Adhesives, And Sealants Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
AkzoNobel
Axalta Coating
Henkel
PPG
Sherwin-Williams

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Other prominent vendors
3M
Arkema
BASF
DuPont
Huntsman

Market driver
China: A bright spot for electric vehicles
For a full, detailed list, view our report

Market challenge
Stringent regulations
For a full, detailed list, view our report

Market trend
Increasing focus on UV-curable coatings
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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