Key Findings
The North America automotive paints & coatings market is set to project a CAGR of 6.36% across the forecasted period of 2021 to 2028. The regional market’s growth is predominantly accredited to government incentives and open investment policies, the well-established presence of automobile manufacturers, and the augmenting demand for vehicles.

Market Insights
The North America automotive paints & coatings market growth evaluation includes the assessment of Canada and the United States. While Canada is the largest vehicle manufacturer in North America, it is also one of the top ten light vehicle producers across the globe. Moreover, Ford, General Motors (GM), FCA, Toyota, and Honda are among the five international original equipment manufacturers (OEMs), assembling over 2 million automobiles in Canada annually. Furthermore, OEMs such as Ford and GM significantly invest in autonomous as well as connected car research, in addition to digital giants such as Nvidia, Google, and Uber.
On the other hand, manufacturers in Canada also build vehicles for large public transportation systems, domestic rail networks, and specialized purposes, including mining. As a result, the emerging automobile industry of the country boosts the demand for automotive paints & coatings. Thus, these factors are set to play a pivotal role in proliferating the automotive paints & coatings market growth in North America across the forecasted years.

Competitive Insights
Some of the leading companies operating in the market are Axalta Coatings Systems, PPG Industries Inc, Sherwin-Williams, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments