Latin America Commercial Vehicle Coatings

Latin America Commercial Vehicle Coatings Market Research Report: Forecast (2021-2026)

By Product Type (Primer, Basecoat, Electro-coats, Clear-coats), By Substrate (Metal, Plastic, Composite), By Technology (Waterborne Coatings, Solvent-borne Coatings, Powder Coatings, UV-Cured Coatings Read more

  • Automotive
  • Aug 2021
  • 212
  • AT22016

Vehicle coatings are gaining popularity due to the trend for aesthetic looks & protection purposes of commercial vehicles.

The “Latin America Commercial Vehicle Coatings Market” is likely to grow at a CAGR of around 6.5% during the forecast period i.e. 2021-26, says MarkNtel Advisors. It owes critically to the rapidly growing transformative shifts by economic, social, and technology disruptions in the automobile sector. Additionally, the reshaping automobile industry directly impacts the Commercial Vehicle Coating Market of Latin America, thereby witnessing substantial growth across the region. Besides, requirements like regional logistics, economic activities with new Commercial Vehicle fleet renewal regulations are further likely to support the market growth in the forecast period. 

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 6.5%
Countries Covered Brazil, Mexico, Argentina, Peru, Others
Key Companies Profiled Axalta Coating Systems, BASF, PPG Industries, Kansai Paint, Akzo Nobel, Valspar Corporation, Cabot Corporation, Clariant AG, Eastman Chemical Company, Lord Corporation, Others
Unit Denominations USD Million/Billion

 

The research report, “Latin America Commercial Vehicle Coatings Market Analysis, 2021,” depicts a deep-dive market analysis of market statistics, which mainly consists of regional & country-wise market size, market forecast, CAGR & market share of market segmentation, competitive benchmarking, and key market drivers & restraints.

Covid-19 Severely Impacted the Latin America Commercial Vehicle Coatings Market

The outbreak of the Covid-19 pandemic had a negative impact on businesses across the world, where the Latin America Commercial Vehicle Coating Market was no exception. With the imposition of stringent norms on movement across the region, the market observed severe decline due to disruptions in the supply chains, shut down of manufacturing units, loss of finances & projects, etc.

However, with the gradual upliftment of these limitations and revival since 2021, the Latin America Commercial Vehicle Coating Market is likely to recover from the loss and regain its original pace in the forecast period. With the establishment of modern regulations to combat the spread of the virus and adjusting to the new normal, the market shall also create lucrative growth opportunities for market players in the forecast period.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Definition
  2. Executive Summary
  3. Impact of COVID-19 on Latin America Commercial Vehicle Coatings Market
  4. Latin America Commercial Vehicle Coatings Market Trends & Insights
  5. Latin America Commercial Vehicle Coatings Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  6. Latin America Commercial Vehicle Coatings Market Hotspots & Opportunities
  7. Latin America Commercial Vehicle Coatings Market Regulations & Policy
  8. Latin America Commercial Vehicle Coatings Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. Quantity Sold (Thousand Tons)
    2. Market Share & Analysis
      1. By Product Type
        1. Primer
        2. Basecoat
        3. Electro-coats
        4. Clear-coats
      2. By Substrate
        1. Metal
        2. Plastic
        3. Composite
      3. By Technology
        1. Waterborne Coatings
        2. Solvent-borne Coatings
        3. Powder Coatings
        4. UV-Cured Coatings
      4. By Resin Type
        1. Polyurethane
        2. Epoxy
        3. Acrylic
        4. Others (Vinyl, Alkyd)
      5. By Application
        1. Light Commercial Vehicle
          1. Pickup Trucks
          2. Pickup Vans & Trucks
          3. Light Bus
        2. Medium & Heavy Commercial Vehicle
      6. By Country
        1. Brazil
        2. Mexico
        3. Argentina
        4. Peru
        5. Others
      7. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Matrix
  9. Brazil Commercial Vehicle Coatings Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Substrate
      3. By Technology
      4. By Resin Type
      5. By Application
  10. Mexico Commercial Vehicle Coatings Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Substrate
      3. By Technology
      4. By Resin Type
      5. By Application
  11. Argentina Commercial Vehicle Coatings Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Substrate
      3. By Technology
      4. By Resin Type
      5. By Application
  12. Peru Commercial Vehicle Coatings Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Substrate
      3. By Technology
      4. By Resin Type
      5. By Application
  13. Latin America Commercial Vehicle Coatings Market Key Strategic Imperatives for Success and Growth
  14. Competition Outlook (Whichever Applicable)
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Axalta Coating Systems
      2. BASF
      3. PPG Industries
      4. Kansai Paint
      5. Akzo Nobel
      6. Valspar Corporation
      7. Cabot Corporation
      8. Clariant AG
      9. Eastman Chemical Company
      10. Lord Corporation
      11. Others
  15. Disclaimer
Latin America Commercial Vehicle Coatings Market Segmentation
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