Automotive Coatings Market Size, Share, Opportunities, And Trends By Product (Primer, Electrocoat, Clearcoat, Base coat), By Technology (Waterborne Coating, Solvent borne Coating, Powder Coating, UV-cured coating), By End user (Light Vehicle OEM, Commercial Vehicle OEM, Automotive Refinish), And By Geography - Forecasts From 2023 To 2028

The automotive coatings market was valued at US$16.572 billion in 2021 and is projected to expand at a CAGR of 9.13% over the forecast period to reach US$30.550 billion by 2028. 

This research study examines the automotive coatings market based on various segments: product, technology, end-user, and geography. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes the automotive coatings industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.

The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the automotive coatings market. Moreover, the research study analyzes the overall regulatory framework of the automotive coatings sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.

Automotive coatings market – Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.

The scope and coverage of the automotive coatings market report is as below:

• Automotive coatings market data tables and charts
• Market outlook with sections on drivers, restraints, Porter’s, and industry value chain analysis
• Market assessment by product into primer, electrocoat, clearcoat, and base coat.
• Detailed market trends, analysis, and graphical representation by technology into the waterborne coating, solvent-borne coating, powder coating, and UV-cured coating.
• In-depth analysis of the automotive coatings market by end-user into Light vehicle OEM, commercial vehicle OEM, and automotive refinish.
• A 360o view of the demand for automotive coatings solutions/services across different geographies (North America, South America, Europe, Middle East and Africa, and Asia Pacific) with further breakdown for key countries within those regions.

Automotive Coatings Market Scope:

 

Report Metric	Details
Market Size Value in 2021	US$16.572 billion
Market Size Value in 2028	US$30.550 billion
Growth Rate	CAGR of 9.13% from 2021 to 2028
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Billion
Segments Covered	Product, Technology, End-User, and Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	Kansai Paint Co., Ltd, Axalta Coatings Systems LLC, PPG Industries, Inc., AkzoNobel N.V., BASF SE, Nippon Paint Holdings Co., Ltd., KCC Corporation, Arkema SA, Sherwin-Williams, Jotun A/S
Customization Scope	Free report customization with purchase

 

Different segments covered under the automotive coatings market report are as below:

• By Product
  • Primer
  • Electrocoat
  • Clearcoat
  • Base coat
• By Technology
  • Waterborne Coating
  • Solvent-borne Coating
  • Powder Coating
  • UV-cured coating
• By End-User
  • Light Vehicle OEM
  • Commercial Vehicle OEM
  • Automotive Refinish
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. AUTOMOTIVE COATINGS MARKET, BY PRODUCT

5.1. Introduction

5.2. Primer

5.3. Electrocoat

5.4. Clearcoat

5.5. Base coat

6. AUTOMOTIVE COATINGS MARKET, BY TECHNOLOGY

6.1. Introduction

6.2. Waterborne Coating

6.3. Solvent-borne Coating

6.4. Powder Coating

6.5. UV-cured coating

7. AUTOMOTIVE COATINGS MARKET, BY END-USER

7.1. Introduction

7.2. Light Vehicle OEM

7.3. Commercial Vehicle OEM

7.4. Automotive Refinish

8. AUTOMOTIVE COATINGS MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. The Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Kansai Paint Co., Ltd

10.2. Axalta Coatings Systems LLC

10.3. PPG Industries, Inc.

10.4. AkzoNobel N.V.

10.5. BASF SE

10.6. Nippon Paint Holdings Co., Ltd.

10.7. KCC Corporation

10.8. Arkema SA

10.9. Sherwin-Williams

10.10. Jotun A/S

Kansai Paint Co., Ltd

Axalta Coatings Systems LLC

PPG Industries, Inc.

AkzoNobel N.V.

BASF SE

Nippon Paint Holdings Co., Ltd.

KCC Corporation

Arkema SA

Sherwin-Williams

Jotun A/S