Automotive Anti-scratch Coatings Market: Analysis | Leading Players, Industry Updates, Future Growth
- Anna Sibley
- May 18, 2021
- 2 min read
Automotive Anti-scratch Coatings: Introduction
Anti-scratch coatings is a thin layer of microscopic ingredient that protects the surface for the effects of scratching. An anti-scratch coating contains ceramic layer, called polysilazanes, for extra durability, which possesses better scratch-resistant properties. Nissan Motor tied up with the Advanced Materials Inc. and the University of Tokyo to develop a scratch shield. The scratch shield helps maintain the elegant finish of a painted surface longer as it’s highly flexible and possesses excellent elastic properties.
Key Drivers of Automotive Anti-scratch Coatings Market
Enactment of stringent emission norms and regulations regarding the paint and coatings of vehicles across the globe is likely to boost the automotive scratch coatings market across the globe. Rapid expansion of the used vehicle market across the globe is likely to also fuel the automotive anti-scratch coatings market across the globe. Rise in consumer preference for owning a vehicle due to the spread of the pandemic is likely to propel the automotive anti-scratch coatings market across the globe.
Rise in government initiatives toward protection of the environment across North America and Europe is projected to fuel the use of anti-scratch coating services in these regions, which in turn is likely to boost the automotive anti-scratch coatings market in these regions. Rise in competition in the automotive industry to improve vehicle esthetics and to provide high quality coating solutions to consumers is likely to boost the automotive anti-scratch coatings market across the globe.
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Europe & Asia Pacific to hold significant share of global automotive anti-scratch coatings market
Europe is projected to account for a significant share of the global automotive anti-scratch coatings market due to stringent regulations regarding the use of harmful chemicals across Europe. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers who have major facilities for the vehicle coating service, which is likely to propel the automotive anti-scratch coatings market in Europe.
Followed by Europe, Asia Pacific is projected to account a significant share of the global automotive anti-scratch coatings market due to an increase in sale of vehicles across the region. Rise in preference toward customizing old vehicles across the region is projected to propel the automotive anti-scratch coatings market in Asia Pacific.
Key Players Operating in Automotive Anti-scratch Coatings Market
The global automotive anti-scratch coatings market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive anti-scratch coatings market are:
3M
Axalta Coatings Systems LLC
BASF SE
PPG Industries Inc.
Kansai Paint Co. Ltd
Nippon Paint Holdings Co. Ltd
KCC Corporation
Akzo Nobel N.V.
Lord Corporation
Cabot Corporation
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