Asia-Pacific ceramic coatings market is estimated to grow at a CAGR of around 6.1% during the forecast period. The growth is mainly attributed to the growing automotive and aerospace industry in the region, which is primarily involved in the development of innovative technologies. According to the data from the International Organization of Motor Vehicle Manufacturers (OICA), APAC region dominates the global passenger car sales with around 56% of the total sales. Moreover, the data from OICA suggests that the total sales of vehicles in the year 2016 in APAC were near to 47.3 million which is equal to 49% of the global sales. In 2017, APAC has shown a growth rate of 4.25% and 7.5% in 2016 for all vehicle sales.

Apart from these economies Australia, South Korea, Indonesia, Malaysia, Thailand are the major economies which have significant automobile sales in 2016. Apart from the automotive sector, ceramic coatings find their enormous application in the energy sector. Solar panels are generally coated with ceramics as a protective layer, which further enables them to withstand higher temperature and improved functionality. Solar energy is seen as one of the most abundantly available renewable energy on the earth and the Asia-Pacific region does not lag to harness it.

Some crucial players operating in the market include 3M Co., AkzoNobel N.V., BASF SE, and DuPont de Nemours, Inc. To survive in the market, these players are adopting crucial strategies, such as product launches, geographical expansion, and partnerships and collaborations. This enables the company to increase its competitiveness and attract significant share in the market. For instance, in December 2017, BASF SE opens a new production plant in Thailand through this focused in strengthen the market presence in the ASEAN market. The company automotive coatings production plant is expected to satisfy the increasing demand for automotive coating in the Asia-Pacific.

Research Methodology

The market study of the Asia-Pacific ceramic coatings market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Authentic public databases 
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for established and emerging ceramic coating market players, researchers and manufactures, start-ups, venture capitalists, and government organizations for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models. 

Market Segmentation:

• Asia-Pacific Ceramic Coatings Market Research and Analysis, By Technology
• Asia-Pacific Ceramic Coatings Market Research and Analysis, By Coating Type
• Asia-Pacific Ceramic Coatings Market Research and Analysis, By End-User

The Report covers:

• Comprehensive research methodology of the Asia-Pacific ceramic coatings market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regulations and other government policies impacting the Asia-Pacific ceramic coatings market.
• Insights about market determinants which are stimulating the Asia-Pacific ceramic coatings market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.