Market Research

Automotive Refinish Coatings Market Size, Share, and Analysis, By Product Type (Clearcoat, Activator, Primer, and Others), By Technology (UV-Cured Coatings, Solvent borne, Water-borne Coatings and Others), By Resin (Alkyd, Polyurethane, Acrylic, and Epoxy

Best Price Guarantee Length Publisher Published Date SKU
from $4,950 351 Pages Fatpos Global September, 2023 FAGL18367052
Best Price Guarantee
Price from $4,950
Length 351 Pages
Publisher Fatpos Global
Published Date September, 2023
SKU FAGL18367052

Automotive Refinish Coatings Market Size, Share, and Analysis, By Product Type (Clearcoat, Activator, Primer, and Others), By Technology (UV-Cured Coatings, Solvent borne, Water-borne Coatings and Others), By Resin (Alkyd, Polyurethane, Acrylic, and Epoxy), By Vehicle Age (Less than 5 Years, 5-10 Years and More than 10 Years), By Vehicle Type (Cars, Two-wheelers, Commercial Vehicles) and Regional Forecasts, 2022-2032


Automotive Refinish Coatings Market Size, Share, and Analysis, By Product Type (Clearcoat, Activator, Primer, and Others), By Technology (UV-Cured Coatings, Solvent borne, Water-borne Coatings and Others), By Resin (Alkyd, Polyurethane, Acrylic, and Epoxy), By Vehicle Age (Less than 5 Years, 5-10 Years and More than 10 Years), By Vehicle Type (Cars, Two-wheelers, Commercial Vehicles) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Automotive Refinish Coatings Market size was USD 10.45 billion in 2021 and projected to grow from USD 11.6 billion in 2023 to USD 18.7 billion by 2032, exhibiting a CAGR of 5.5% during the forecast period.

Automotive refinish coatings are used in automotive shops and repair garages for refinishing the vehicles. The automotive refinish coatings help in improving the appearance and strength of the vehicles along with increasing the demand for recreational vehicles. Automotive refinish coatings covers the painting of vehicles like trucks, cars and other vehicles. It may be done partially or totally as per the necessity for the parts of vehicles, mostly after completing the repair of vehicles. The count of vehicle collisions is increasing on a large scale which can be prevented by elevation using the refinish coatings.

MARKET HIGHLIGHTS

Automotive refinish coatings Market is expected to reach USD 18.7 billion, growing at a CAGR of 5.5% during forecast period. The growing requirement for recreational, repair and maintenance activities of vehicles is expected to boost the growth of the market. The increasing road accidents denote the major necessity of Refinish Coatings, thereby having positive impact on the demand for automotive refinish coatings worldwide. The increasing sales of luxury vehicles due to urbanization and high income is driving the demand for automotive refinish coatings and will boost the market growth.

Automotive Refinish Coatings Market Segments:
  • Product Type
  • Clearcoat
  • Activator
  • Primer
  • Others
  • Technology
  • UV-Cured Coatings
  • Solvent borne
  • Water-borne Coatings
  • Others
  • Resin
  • Alkyd
  • Polyurethane
  • Acrylic
  • Epoxy
  • Vehicle Age
  • Less than 5 Years
  • 5-10 Years
  • More than 10 Years
  • Vehicle Type
  • Cars
  • Two-wheelers
  • Commercial Vehicles
MARKET DYNAMICS

Growth Drivers

Growing Trend of Vehicle Customization is Expected to Drive the Growth of the Market

The Advancements in Production Technologies is Expected to Drive the Growth of the Market

Restraint

Toxicity Associated with the Refinish Coatings May Hamper the Market Growth

Key Players
  • BASF SE
  • 3M Company
  • Nippon Paint Holdings Co. Ltd.
  • Axalta Coating Systems Ltd.
  • Akzo Nobel N.V.
  • Clariant AG
  • Sherwin-Williams Company
  • Dupont De Nemours Inc.
  • KCC Corporation
  • Kansai Paint Co. Ltd.
  • PPG Industries Inc.
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*


1. Executive Summary
1.1.Regional Market Share
1.2. Business Trends
1.3. Automotive Refinish Coatings Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2.Automotive Refinish Coatings Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Automotive Refinish Coatings Market – Industry Insights
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7.Market Dynamics
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. Risk Analysis
9. Market Analysis
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. Automotive Refinish Coatings Market
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.Automotive Refinish Coatings Market Size & Forecast 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Product Type
11.3.1.1. Clearcoat
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Activator
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3.Primer
11.3.1.3.1.By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.4.Others
11.3.1.4.1.By Value (USD Million) 2022-2032F
11.3.1.4.2. Market Share (%) 2022-2032F
11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Technology
11.3.2.1.UV-Cured Coatings
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Solvent borne
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Water-borne Coatings
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.4. Other
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2.Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.3. By Resin
11.3.3.1.Alkyd
11.3.3.1.1.By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Polyurethane
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2.Market Share (%) 2022-2032F
11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Acrylic
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2.Market Share (%) 2022-2032F
11.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.4. Epoxy
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.4. By Vehicle Age
11.3.4.1.Less than 5 Years
11.3.4.1.1.By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. 5-10 Years
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2.Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.3. More than 10 Years
11.3.4.3.1. By Value (USD Million) 2022-2032F
11.3.4.3.2. Market Share (%) 2022-2032F
11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.5. By Vehicle Type
11.3.5.1.Cars
11.3.5.1.1.By Value (USD Million) 2022-2032F
11.3.5.1.2. Market Share (%) 2022-2032F
11.3.5.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.5.2. Two-wheelers
11.3.5.2.1. By Value (USD Million) 2022-2032F
11.3.5.2.2.Market Share (%) 2022-2032F
11.3.5.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.5.3. Commercial Vehicles
11.3.5.3.1. By Value (USD Million) 2022-2032F
11.3.5.3.2.Market Share (%) 2022-2032F
11.3.5.3.3.Y-o-Y Growth (%) 2022-2032F
12. North America Automotive Refinish Coatings Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product Type
12.3.2.By Technology
12.3.3.By Resin
12.3.4.By Vehicle Age
12.3.5.By Vehicle Type
12.4. Country
12.4.1.United States
12.4.2. Canada
13. Europe Automotive Refinish Coatings Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product Type
13.3.2.By Technology
13.3.3.By Resin
13.3.4.By Vehicle Age
13.3.5.By Vehicle Type
13.4. Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia Automotive Refinish Coatings Market Size & Forecast 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product Type
14.3.2.By Technology
14.3.3.By Resin
14.3.4. By Vehicle Age
14.3.5.By Vehicle Type
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. Middle East and Africa Automotive Refinish Coatings Market Size & Forecast 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product Type
15.3.2.By Technology
15.3.3.By Resin
15.3.4.By Vehicle Age
15.3.5.By Vehicle Type
15.4. Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Automotive Refinish Coatings Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Product Type
16.3.2.By Technology
16.3.3.By Resin
16.3.4.By Vehicle Age
16.3.5.By Vehicle Type
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1.BASF SE
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. 3M Company
18.3. Nippon Paint Holdings Co. Ltd.
18.4.Axalta Coating Systems Ltd.
18.5. Akzo Nobel N.V.
18.6. Clariant AG
18.7. Sherwin-Williams Company
18.8.Dupont De Nemours Inc.
18.9. KCC Corporation
18.10.Kansai Paint Co. Ltd.
18.11.PPG Industries Inc.
18.12.Other Prominent Players
19. Appendix
20.Consultant Recommendation

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