Global Automobile Coating Resin market cagr 11.8%

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Automobile Coating Resin Market

Automobile Coating Resin Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Automobile Coating Resin Market Size and Growth

The Automobile Coating Resin market is experiencing robust growth, driven by rising automotive production and increasing demand for durable, highperformance coatings. As of 2023, the market size is estimated to reach approximately USD 4.5 billion, with a projected CAGR of 6% through the next five years, reflecting strong technological advancements and eco-friendly trends.

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Companies Covered

(Covid 19 Impact Covered)

◍ SACAL

◍ PGG

◍ Dimond Paint

◍ Sherwin-Williams

◍ Qualipoly Chemical Corporations

◍ Jiangsu Sanmu Group

◍ Eternal

◍ Shanghai Yoo-Pont Chemical

◍ Hitachi Chemical

The Automobile Coating Resin Market features companies like SACAL, PGG, Diamond Paint, SherwinWilliams, Qualipoly Chemical, Jiangsu Sanmu Group, Eternal, Shanghai Yoo-Pont Chemical, and Hitachi Chemical. These firms innovate and expand product lines, enhancing durability and aesthetics, boosting market growth. Notable revenue figures include:

- Sherwin-Williams: $19 billion

- Hitachi Chemical: $5 billion

- Jiangsu Sanmu Group: $1.5 billion

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Market Segmentation

By Application

Primer

Finishing Coat

Other

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By Product

Alkyd Resin

Acrylic Resin

Epoxy Resin

Other

Market Growth

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$ X Billion USD

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