Mexico Industrial Coatings Market

Market Overview: Mexico Industrial Coatings Market

MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Mexico Industrial Coatings Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Mexico Industrial Coatings Market Insights 2022-27

The Mexico Industrial Coatings Market is expected to grow at a CAGR of around 19% during the forecast period, i.e., 2022-27.

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Top Players in the Mexico Industrial Coatings Market:

  • Axalta Coating Systems Mexico S de RL de CV
  • PPG Industries, Inc.
  • Sherwin Williams
  • HEMPEL DE MEXICO, SA DE CV
  • Henkel AG & Co. KGaA
  • Jotun Mexico SA de CV
  • Akzo Noble N.V.
  • Sika Mexicana SA de CV
  • BASF Coatings de Mexico, S.A. de C
  • Others

Segmentation Analysis of Mexico Industrial Coatings Market

Mexico Industrial Coatings Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2022-27, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

-By Demand Type

  • OEM
  • Refinishing

The OEM segment acquired more than 90% market share in 2021, owing to the extensive presence of OEM companies across various end-user verticals in Mexico. Mexico is the fourth largest automotive exporter worldwide and is considered a hub for automobiles, medical devices, consumer electronic goods, etc.

Mexico’s supported trade policies with major economies like the US, Europe, etc., coupled with the cost-effectiveness in manufacturing, availability of highly skilled labor, & technological advancements, have contributed incredibly to the market growth around the OEM segment.

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-By Application

  • Medical Use
  • Self-Consumption / Private Use

-By Distribution Channel

  • Regulated Dispensary
  • Recreational Stores
  • Stand-Alone Retailers
  • Online Portals

-By End-User

  • Patients
  • Research Institute
  • Research Companies

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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 127.5 diverse industrial verticals.

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