The global Automotive Coatings and Paints market was valued at US$ 20060 million in 2023 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.
The USA market for Global Automotive Coatings and Paints market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Automotive Coatings and Paints market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Automotive Coatings and Paints market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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 ?m(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.
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 2023 (%)
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, 2023 (%)
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, 2023 (%)
- 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, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
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, 2023 (%)
- 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, 2023 (%)
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.