The Automotive Coatings Market is expected to be around US$ 28.15 Billion by 2027 at a CAGR of 6.68% in the given forecast period.
Automotive coating solutions deliver enhanced protection from environmental attackers such as snow, rust, water, and moisture. Consumers are rapidly moving towards these products as they support in proper maintenance of vehicles even after rough use. Manufacturing players are rapidly investing in introducing economical and high-performance solutions to remain competitive. Growing trends pertaining to custom paint patterns, automobile renovation and vinyl’s is likely to promote the use of automotive coating solutions. These products help in protecting and enhancing custom paint coatings in vehicles thus growing visibility and lifespan of expensive paint customizations. Moreover, these coatings also protect from general wear & tear and protects paint from prolonged exposure to sun which is likely to augment the automotive coatings market. In the current market situation, there is an increasing demand for automotive coatings in end-use industries. End-use industries are observing huge development in emerging economies. Emerging middle class population; changing life style; rising purchasing power parity; and improving standard of living of consumers in these economies are the key factors which drive the demand for automotive coating.
The global Automotive Coatings market is segregated on the basis of Product Outlook as Primer, Electrocoat, Basecoat, and Clearcoat. Based on Technology Outlook the global Automotive Coatings market is segmented in Waterborne Coatings, Solventborne Coatings, Powder Coatings, and UV-cured Coatings. Based on Application Outlook the global Automotive Coatings market is segmented in Metal Parts and Plastic Parts.
Based on End-use Outlook, the global Automotive Coatings market is segmented in Light Vehicle OEM, Commercial Vehicle OEM, and Automotive Refinish.
The global Automotive Coatings market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Coatings market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
BASF SE, Akzo Nobel NV, Axalta Coating Systems Ltd, Beckers Group, Bollig & Kemper, Cabot Corporation, Eastman Chemical Company, HMG Paints Limited, Jotun, Kansai Nerolac Paints Limited, and others are among the major players in the global Automotive Coatings market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Automotive Coatings Market has been segmented as below:
Automotive Coatings Market, By Product Outlook
Automotive Coatings Market, By Technology Outlook
Automotive Coatings Market, By Application Outlook
Automotive Coatings Market, By End-use Outlook
Automotive Coatings Market, By Region
Automotive Coatings Market, By Company
The report covers:
Report Scope:
The global Automotive Coatings market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Coatings market share. Major industry players with significant revenue share include BASF SE, Akzo Nobel NV, Axalta Coating Systems Ltd, Beckers Group, Bollig & Kemper, Cabot Corporation, Eastman Chemical Company, HMG Paints Limited, Jotun, Kansai Nerolac Paints Limited, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Automotive Coatings Market, By Product Outlook
5.1. Key Points
5.2. Primer
5.3. Electrocoat
5.4. Basecoat
5.5. Clearcoat
6. Automotive Coatings Market, By Technology Outlook
6.1. Key Points
6.2. Waterborne Coatings
6.3. Solventborne Coatings
6.4. Powder Coatings
6.5. UV-cured Coatings
7. Automotive Coatings Market, By Application Outlook
7.1. Key Points
7.2. Metal Parts
7.3. Plastic Parts
8. Automotive Coatings Market, By End-use Outlook
8.1. Key Points
8.2. Light Vehicle OEM
8.3. Commercial Vehicle OEM
8.4. Automotive Refinish
9. Competitive Landscape
9.1. Introduction
9.2. Recent Developments
9.2.1. Mergers & Acquisitions
9.2.2. New Product Developments
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5. Others
10. Company Profiles
10.1 BASF SE
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Akzo Nobel NV
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Axalta Coating Systems Ltd
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Beckers Group
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Bollig & Kemper
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Cabot Corporation
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Eastman Chemical Company
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 HMG Paints Limited
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Jotun
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Kansai Nerolac Paints Limited
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Automotive Coatings Market has been segmented as below:
Automotive Coatings Market, By Product Outlook
Automotive Coatings Market, By Technology Outlook
Automotive Coatings Market, By Application Outlook
Automotive Coatings Market, By End-use Outlook
Automotive Coatings Market, By Region
Automotive Coatings Market, By Company
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