Description
Global Metallic Oil Paint Market By Product Type (Solvent Based and Water Based); By Application (Automobiles, Construction, Furniture and Others) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.
Product Overview
Metallic paint is used widely for its ability to contour any object’s bodywork. With the aid of small metal flakes, it produces a metallic surface that mimics the sparking effect. Flakes reflectivity and size determine the difference in reflected light on the material. New, advanced methods have enhanced the texture and pigment. Metallic paints add a top coat of acrylic polyurethane to give extra gloss and protection. For aesthetic purposes, the visual experience of metallic shine is very challenging.
Market Highlights
Global Metallic Oil Paint Market size was registered at USD XX billion in 2019, and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. Metallic oil paints sold by companies such as Asian Paints, Plascon, Shanghai Sanvin, and Meoded among others are marketed with a multi-year corrosion warranty, mainly due to improvements in coating efficiency.
Global Metallic Oil Paint Market: Segments
Global Metallic Oil Paint Market is segmented on the basis of product type, application and region.
By Product Type (in %), Global Metallic Oil Paint Market, 2019
The water based paints segment is anticipated to register XX% of the market share during the forecasted period.
By product type the market can be segmented into Solvent Based and Water based. Water-based paints often have longevity and consistency which is higher than solvent-based paints, with environmental compliances. Water-based paints are the perfect choice of paints for your home interiors, while solvent-based paints are only appropriate for exteriors with more regular changes in dirt and temperature.
Global Metallic Oil Paint Market Dynamics:
Various features of oil metallic paints and environmental concerns to increase market growth
Metallic oil paints sold by companies such as Asian Paints, Plascon, Shanghai Sanvin, and Meoded among others are marketed with a multi-year corrosion warranty, mainly due to improvements in coating efficiency. In addition, manufacturers are increasingly bringing new, environmentally friendly goods into the market to boost performance.
Challenges related to visual experiences of metallic shine to hinder the market growth
For aesthetic purposes, the visual experience of metallic shine is very challenging, which may hamper the market for metallic oil paints.
Global Metallic Oil Paint Market: Regions
In terms of value and volume, APAC accounted for XX% of total market volume share in 2019
As regards to volume, APAC represented the largest market for metallic oil paints. The growing population in the area is projected to make this area an ideal destination for the industry, followed by increasing investment in the industrial sector and infrastructural developments in the emerging markets of China, India and Indonesia. China is expected to lead the global metallic oil paint industry, as it is the world’s largest automotive producer. China is also construction industry’s leading area which is further expected to boost demand of the market for metallic oil paint. Europe is highly regulated to ensure a high degree of protection of the environment and human health against the threats posed by chemical substances. Moreover, strict regulations have limited the suppliers of formulators and raw materials.
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.
Global Metallic Oil Paint Market: Competitive landscape
Metallic oil paints sold by companies such as Asian Paints, Plascon, Shanghai Sanvin, and Meoded among others are marketed with a multi-year corrosion warranty, mainly due to improvements in coating efficiency. In addition, manufacturers are increasingly bringing new, environmentally friendly goods into the market to boost performance.
Global Metallic Oil Paint Market: Key players
• Crescent Bronze
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Meoded
• Coprabel
• UreKem
• Plascon
• Shanghai Kinlita
• Tianjin Lions
• Asia Paint
• Shanghai Sanyin
• Other prominent players
Global Metallic Oil Paint Market report also contains analysis on:
Global Metallic Oil Paint Market segments: –
• By Product Type:
o Solvent Based
o Water Based
• By Application:
o Automobile
o Construction
o Furniture
o Others
• Global Metallic Oil Paint Market dynamics
• Global Metallic Oil Paint Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
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