Automotive Refinish Market, By Technology (Paints, Coatings, Primers, and Thinners and Additives), By Application (Passenger Cars, Commercial Vehicles, Motorcycles, and Others), By End User (Body Shops, DIY Users, and Original Equipment Manufacturers (OEMs)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Global automotive refinish market refers to the automotive paint sector dedicated to repairing damaged vehicles. It involves the sale of paint, primer, coatings, and other accessories that refurbish automobiles suffering from minor to severe damage. With growing road accidents and significant wear-and-tear faced by vehicles over time, the need for automotive refinishing has steadily increased. Furthermore, the rising demand for repair of aesthetically appealing vehicles has stimulated the usage of high-quality paints and coatings. Rapid urbanization, growing vehicle fleet, and strengthening repair infrastructure are some of the key factors expected to drive the market forward.
Market Dynamics:
The global automotive refinish market is projected to witness significant growth over the forecast period. Rising road accidents represent the major driver attributed to damage incurred to vehicles and the consequent need for repair and refinishing. Additionally, the escalating vehicle population worldwide has led to greater wear-and-tear of existing vehicles, thereby fueling market growth. Vehicles gradually lose their shine and require aesthetic enhancements like repainting to boost resale value. This has created opportunities for refinish coatings and color-matching services. Moreover, continuous developments toward eco-friendly, low-VOC refinishing products cater to stringent environmental norms. However, high material costs associated with the manufacturing of refinish paints restrain market potential. Also, unorganized refinishing practices fail to adhere to compliance standards.
Key Features of the Study:
Detailed Segmentation-
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
- 4. Global Automotive Refinish Market, By Technology, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Paints
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Coatings
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Primers
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Thinners and Additives
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- 5. Global Automotive Refinish Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Passenger Cars
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Commercial Vehicles
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Motorcycles
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- 6. Global Automotive Refinish Market, By End User, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Body Shops
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- DIY Users
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Original Equipment Manufacturers (OEMs)
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- 7. Global Automotive Refinish Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- North America
- Regional Trends
- Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Regional Trends
- Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
- Israel
- GCC Countries
- Rest of the Middle East
- Africa
- Regional Trends
- Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
- South Africa
- North Africa
- Central Africa
- 8. Competitive Landscape
- Company Profiles
- Akzo Nobel N.V.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Axalta Coating Systems, LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- BASF SE
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Berger Paints India Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Covestro AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Donglai Coating Technology (Kunshan) Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Hebei Chenyang Industry & Trade Group Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Kansai Paint Co., Ltd.
- Mipa SE
- Nippon Paint Holdings Co., Ltd.
- PPG Industries, Inc.
- Sherwin-Williams Company
- Solvay S.A.
- Speedokote LLC
- Valspar Corporation
- 9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact
- *Browse 60 market data tables and 40 figures on Automotive Refinish Market - Global forecast to 2031 ”
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