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Metallic Texture Dominate the Middle East and Africa Automotive Paints Market

Based on the Texture, Middle East and Africa Automotive Paints market segmented into Solid Texture, Metallic Texture, Matte Finish Paints, Pearlescent Paints and Solar Reflective Paints. Metallic paints held considerable market share during predicted period. Growing demand for metallic paints is projected to surpass the solid texture paints demand due to the changed buyer preferences towards metallic colors and rise in sales of premium passenger cars.

South Africa Leads the Middle East and Africa Automotive Paints market

PBI’s South Africa Automotive Paints market report analyses the market in different countries such as Gulf Cooperation Council (GCC) Countries, Israel, South Africa and Rest of MEA. South Africa is expected to spur market growth owing to increasing manufacturing facilities with growing powder coating market in the region.

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Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players

Middle East and Africa Automotive Paints market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, Nippon Paint, one of the leaders in the automotive paints market, has devised and developed a polarized paint, Maziora that changes color depending on the angle from which it is viewed or from where the light highlights it.

Key player’s profiles in the report are 3M, Valspar (U.S), Solvay S.A (Belgium), Royal DSM NV (Netherlands), PPG Industries (U.S), Nippon (Japan), DuPont (U.S), Clariant Ag (Switzerland), Beckers (U.S), BASF SE (Germany), Axalta Coatings Systems (Germany) and Akzonobel NV (Netherlands).

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Precision Business Insights (PBI) in its report titled “Middle East and Africa Automotive Paints Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025.

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