The global Automotive Coatings and Paints market was valued at US$ 20060 million in 2022 and is projected to reach US$ 22610 million by 2029, at a CAGR of 1.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Automotive coatings, like most Other, are used mainly to provide protection and decoration. Water-based acrylic polyurethane enamel paint is currently the most widely used paint for reasons including reducing paint's environmental impact. Modern automobile paint is applied in several layers, with a total thickness of around 100 µm(0.1mm). Paint application requires preparation and primer steps to ensure proper application. A basecoat is applied after the primer paint is applied. Following this, a clearcoat of paint may be applied that forms a glossy and transparent coating. The clearcoat layer must be able to withstand UV light.
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This report aims to provide a comprehensive presentation of the global market for Automotive Coatings and Paints, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Coatings and Paints. This report contains market size and forecasts of Automotive Coatings and Paints in global, including the following market information:
Global Automotive Coatings and Paints Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Automotive Coatings and Paints Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five Automotive Coatings and Paints companies in 2022 (%)
The key players are PPG Industries, BASF and Axalta Coating Systems, etc. Top 3 companies occupied about 55% market share.Asia-Pacific is the largest market, with a share about 45%, followed by Europe and North America with the share about 25% and 17%.In terms of product, water-based coating is the largest segment, with a share over 60%. And in terms of application, the largest application is OEM, followed by refinish.
We surveyed the Automotive Coatings and Paints manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Coatings and Paints Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Automotive Coatings and Paints Market Segment Percentages, by Type, 2022 (%)
Solid
Metallic
Matte
Global Automotive Coatings and Paints Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Automotive Coatings and Paints Market Segment Percentages, by Application, 2022 (%)
Passenger Cars
LCV (Light Commercial Vehicles)
HCV (Heavy Commercial Vehicles)
Two Wheelers
Global Automotive Coatings and Paints Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Automotive Coatings and Paints Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Coatings and Paints revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Coatings and Paints revenues share in global market, 2022 (%)
Key companies Automotive Coatings and Paints sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Automotive Coatings and Paints sales share in global market, 2022 (%)
key players include:
Nippon Paint Holdings
Covestro
Cabot Corp
Eastman
PPG industries
Dupont
BASF
Wanda Refinish
Sherwin-Williams
Axaltra Coating Systems
Donglai Coating Technology
KCC Corporation
Akzo Nobel NV
Clariant AG
Bayer
Feidal Coatings
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Coatings and Paints, market overview.
Chapter 2: Global Automotive Coatings and Paints market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Coatings and Paints manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Coatings and Paints in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Coatings and Paints capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Automotive Coatings and Paints Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Automotive Coatings and Paints Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Automotive Coatings and Paints Overall Market Size 2.1 Global Automotive Coatings and Paints Market Size: 2022 VS 2032 2.2 Global Automotive Coatings and Paints Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Automotive Coatings and Paints Sales: 2018-2032 3 Company Landscape 3.1 Top Automotive Coatings and Paints Players in Global Market 3.2 Top Global Automotive Coatings and Paints Companies Ranked by Revenue 3.3 Global Automotive Coatings and Paints Revenue by Companies 3.4 Global Automotive Coatings and Paints Sales by Companies 3.5 Global Automotive Coatings and Paints Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Automotive Coatings and Paints Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Automotive Coatings and Paints Product Type 3.8 Tier 1, Tier 2 and Tier 3 Automotive Coatings and Paints Players in Global Market 3.8.1 List of Global Tier 1 Automotive Coatings and Paints Compani
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