Refinish Paints Market by Resin (Acrylic, Epoxy, Polyurethane), Formulation (Solventborne, Waterborne), Layer, Vehicle Type - Global Forecast 2024-2030

Refinish Paints Market by Resin (Acrylic, Epoxy, Polyurethane), Formulation (Solventborne, Waterborne), Layer, Vehicle Type - Global Forecast 2024-2030


The Refinish Paints Market size was estimated at USD 9.12 billion in 2023 and expected to reach USD 9.87 billion in 2024, at a CAGR 8.30% to reach USD 15.95 billion by 2030.

Global Refinish Paints Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Refinish Paints Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Refinish Paints Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Refinish Paints Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Akzo Nobel N.V., Alps Coating Sdn. Bhd., Angel Coating Pvt. Ltd., Asian Paints Ltd, Axalta Coating Systems, LLC, BASF SE, Cresta Paint Industries Ltd, Donglai Coating Technology(Shanghai)Co.,Ltd., HMG Paints Limited, James Briggs Ltd, Kansai Paint Co.,Ltd., KAPCI Coatings Systems, LLC, KCC Corporation, MIPA SE, NIPPON PAINT HOLDINGS CO.,LTD., NIPSEA GROUP, Noroo Paint & Coatings, NOVOL. o.o., PPG Industries, Inc., ROCK PAINT Co.,Ltd., Samhwa Paint Industrial Co Ltd, Sherwin-Williams Company, Tara Paints & Chemicals, The Lubrizol Corporation, TOA Performance Coating Company, and WEG S.A..

Market Segmentation & Coverage



This research report categorizes the Refinish Paints Market to forecast the revenues and analyze trends in each of the following sub-markets:

Resin
Acrylic
Epoxy
Polyurethane
Formulation
Solventborne
Waterborne
Layer
Basecoat
Clearcoat
Primer
Sealer
Vehicle Type
Heavy-Duty Vehicle
Light Duty Vehicle
Passenger Vehicle
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Refinish Paints Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Refinish Paints Market?
3. What are the technology trends and regulatory frameworks in the Refinish Paints Market?
4. What is the market share of the leading vendors in the Refinish Paints Market?
5. Which modes and strategic moves are suitable for entering the Refinish Paints Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Refinish Paints Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rise in the number of car accidents and increasing fleet of aged vehicles
5.1.1.2. Growing refurbishing activities of automobiles
5.1.1.3. Demand for eco-friendly refinish paints
5.1.2. Restraints
5.1.2.1. Fluctuating cost of raw material used in manufacturing of refinish paints
5.1.3. Opportunities
5.1.3.1. Introduction of innovative and efficient refinish paints
5.1.3.2. Strategic alliances to increase the production of refinish paints
5.1.4. Challenges
5.1.4.1. Coating failure and defects associated with refinishing paints
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Refinish Paints Market, by Resin
6.1. Introduction
6.2. Acrylic
6.3. Epoxy
6.4. Polyurethane
7. Refinish Paints Market, by Formulation
7.1. Introduction
7.2. Solventborne
7.3. Waterborne
8. Refinish Paints Market, by Layer
8.1. Introduction
8.2. Basecoat
8.3. Clearcoat
8.4. Primer
8.5. Sealer
9. Refinish Paints Market, by Vehicle Type
9.1. Introduction
9.2. Heavy-Duty Vehicle
9.3. Light Duty Vehicle
9.4. Passenger Vehicle
10. Americas Refinish Paints Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Refinish Paints Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Refinish Paints Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. 3M Company
14.1.2. Akzo Nobel N.V.
14.1.3. Alps Coating Sdn. Bhd.
14.1.4. Angel Coating Pvt. Ltd.
14.1.5. Asian Paints Ltd
14.1.6. Axalta Coating Systems, LLC
14.1.7. BASF SE
14.1.8. Cresta Paint Industries Ltd
14.1.9. Donglai Coating Technology(Shanghai)Co.,Ltd.
14.1.10. HMG Paints Limited
14.1.11. James Briggs Ltd
14.1.12. Kansai Paint Co.,Ltd.
14.1.13. KAPCI Coatings Systems, LLC
14.1.14. KCC Corporation
14.1.15. MIPA SE
14.1.16. NIPPON PAINT HOLDINGS CO.,LTD.
14.1.17. NIPSEA GROUP
14.1.18. Noroo Paint & Coatings
14.1.19. NOVOL. o.o.
14.1.20. PPG Industries, Inc.
14.1.21. ROCK PAINT Co.,Ltd.
14.1.22. Samhwa Paint Industrial Co Ltd
14.1.23. Sherwin-Williams Company
14.1.24. Tara Paints & Chemicals
14.1.25. The Lubrizol Corporation
14.1.26. TOA Performance Coating Company
14.1.27. WEG S.A.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. REFINISH PAINTS MARKET RESEARCH PROCESS
FIGURE 2. REFINISH PAINTS MARKET SIZE, 2023 VS 2030
FIGURE 3. REFINISH PAINTS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. REFINISH PAINTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. REFINISH PAINTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. REFINISH PAINTS MARKET DYNAMICS
FIGURE 7. REFINISH PAINTS MARKET SIZE, BY RESIN, 2023 VS 2030 (%)
FIGURE 8. REFINISH PAINTS MARKET SIZE, BY RESIN, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. REFINISH PAINTS MARKET SIZE, BY FORMULATION, 2023 VS 2030 (%)
FIGURE 10. REFINISH PAINTS MARKET SIZE, BY FORMULATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. REFINISH PAINTS MARKET SIZE, BY LAYER, 2023 VS 2030 (%)
FIGURE 12. REFINISH PAINTS MARKET SIZE, BY LAYER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. REFINISH PAINTS MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2030 (%)
FIGURE 14. REFINISH PAINTS MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS REFINISH PAINTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS REFINISH PAINTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES REFINISH PAINTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES REFINISH PAINTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC REFINISH PAINTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC REFINISH PAINTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA REFINISH PAINTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA REFINISH PAINTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. REFINISH PAINTS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. REFINISH PAINTS MARKET SHARE, BY KEY PLAYER, 2023

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