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Automotive Refinish Coating-Global Market Insights and Sales Trends 2024
Synopsis
Automotive refinish coating is used in an automotive repair center or body shop for refinishing vehicles.
The global Automotive Refinish Coating market size is expected to reach US$ 8648.9 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Refinish Coating in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Automotive Refinish Coating market. UV-cured Coatings, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water-borne Coatings segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Refinish Coating, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Refinish Coating market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Refinish Coating market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Refinish Coating sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Refinish Coating covered in this report include BASF, AkzoNobel, 3M, PPG Industries, Sherwin-Williams, DowDuPont, Kansai Paint, Nippon Paint and KCC Paints, etc.
The global Automotive Refinish Coating market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
AkzoNobel
3M
PPG Industries
Sherwin-Williams
DowDuPont
Kansai Paint
Nippon Paint
KCC Paints
Axalta Coating
Global Automotive Refinish Coating market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Refinish Coating market, Segment by Type:
UV-cured Coatings
Water-borne Coatings
Solvent-borne Coatings
Global Automotive Refinish Coating market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Refinish Coating manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Refinish Coating in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Automotive refinish coating is used in an automotive repair center or body shop for refinishing vehicles.
The global Automotive Refinish Coating market size is expected to reach US$ 8648.9 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Refinish Coating in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Automotive Refinish Coating market. UV-cured Coatings, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water-borne Coatings segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Refinish Coating, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Refinish Coating market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Refinish Coating market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Refinish Coating sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Refinish Coating covered in this report include BASF, AkzoNobel, 3M, PPG Industries, Sherwin-Williams, DowDuPont, Kansai Paint, Nippon Paint and KCC Paints, etc.
The global Automotive Refinish Coating market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
AkzoNobel
3M
PPG Industries
Sherwin-Williams
DowDuPont
Kansai Paint
Nippon Paint
KCC Paints
Axalta Coating
Global Automotive Refinish Coating market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Refinish Coating market, Segment by Type:
UV-cured Coatings
Water-borne Coatings
Solvent-borne Coatings
Global Automotive Refinish Coating market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Refinish Coating manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Refinish Coating in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Refinish Coating Market Overview
1.1 Automotive Refinish Coating Product Overview
1.2 Automotive Refinish Coating Market Segment by Type
1.2.1 UV-cured Coatings
1.2.2 Water-borne Coatings
1.2.3 Solvent-borne Coatings
1.3 Global Automotive Refinish Coating Market Size by Type
1.3.1 Global Automotive Refinish Coating Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Refinish Coating Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Refinish Coating Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Refinish Coating Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Refinish Coating Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Refinish Coating Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Refinish Coating Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Refinish Coating Sales Breakdown by Type (2018-2023)
2 Global Automotive Refinish Coating Market Competition by Company
2.1 Global Top Players by Automotive Refinish Coating Sales (2018-2023)
2.2 Global Top Players by Automotive Refinish Coating Revenue (2018-2023)
2.3 Global Top Players by Automotive Refinish Coating Price (2018-2023)
2.4 Global Top Manufacturers Automotive Refinish Coating Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Refinish Coating Market Competitive Situation and Trends
2.5.1 Automotive Refinish Coating Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Refinish Coating Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Refinish Coating as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Refinish Coating Market
2.8 Key Manufacturers Automotive Refinish Coating Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Refinish Coating Status and Outlook by Region
3.1 Global Automotive Refinish Coating Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Refinish Coating Historic Market Size by Region
3.2.1 Global Automotive Refinish Coating Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Refinish Coating Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Refinish Coating Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Refinish Coating Forecasted Market Size by Region
3.3.1 Global Automotive Refinish Coating Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Refinish Coating Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Refinish Coating Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Refinish Coating by Application
4.1 Automotive Refinish Coating Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Commercial Vehicles
4.2 Global Automotive Refinish Coating Market Size by Application
4.2.1 Global Automotive Refinish Coating Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Refinish Coating Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Refinish Coating Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Refinish Coating Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Refinish Coating Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Refinish Coating Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Refinish Coating Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Refinish Coating Sales Breakdown by Application (2018-2023)
5 North America Automotive Refinish Coating by Country
5.1 North America Automotive Refinish Coating Historic Market Size by Country
5.1.1 North America Automotive Refinish Coating Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Refinish Coating Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Refinish Coating Sales in Value by Country (2018-2023)
5.2 North America Automotive Refinish Coating Forecasted Market Size by Country
5.2.1 North America Automotive Refinish Coating Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Refinish Coating Sales in Value by Country (2024-2029)
6 Europe Automotive Refinish Coating by Country
6.1 Europe Automotive Refinish Coating Historic Market Size by Country
6.1.1 Europe Automotive Refinish Coating Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Refinish Coating Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Refinish Coating Sales in Value by Country (2018-2023)
6.2 Europe Automotive Refinish Coating Forecasted Market Size by Country
6.2.1 Europe Automotive Refinish Coating Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Refinish Coating Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Refinish Coating by Region
7.1 Asia-Pacific Automotive Refinish Coating Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Refinish Coating Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Refinish Coating Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Refinish Coating Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Refinish Coating Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Refinish Coating Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Refinish Coating Sales in Value by Region (2024-2029)
8 Latin America Automotive Refinish Coating by Country
8.1 Latin America Automotive Refinish Coating Historic Market Size by Country
8.1.1 Latin America Automotive Refinish Coating Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Refinish Coating Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Refinish Coating Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Refinish Coating Forecasted Market Size by Country
8.2.1 Latin America Automotive Refinish Coating Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Refinish Coating Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Refinish Coating by Country
9.1 Middle East and Africa Automotive Refinish Coating Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Refinish Coating Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Refinish Coating Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Refinish Coating Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Refinish Coating Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Refinish Coating Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Refinish Coating Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Automotive Refinish Coating Products Offered
10.1.5 BASF Recent Development
10.2 AkzoNobel
10.2.1 AkzoNobel Company Information
10.2.2 AkzoNobel Introduction and Business Overview
10.2.3 AkzoNobel Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.2.4 AkzoNobel Automotive Refinish Coating Products Offered
10.2.5 AkzoNobel Recent Development
10.3 3M
10.3.1 3M Company Information
10.3.2 3M Introduction and Business Overview
10.3.3 3M Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.3.4 3M Automotive Refinish Coating Products Offered
10.3.5 3M Recent Development
10.4 PPG Industries
10.4.1 PPG Industries Company Information
10.4.2 PPG Industries Introduction and Business Overview
10.4.3 PPG Industries Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.4.4 PPG Industries Automotive Refinish Coating Products Offered
10.4.5 PPG Industries Recent Development
10.5 Sherwin-Williams
10.5.1 Sherwin-Williams Company Information
10.5.2 Sherwin-Williams Introduction and Business Overview
10.5.3 Sherwin-Williams Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sherwin-Williams Automotive Refinish Coating Products Offered
10.5.5 Sherwin-Williams Recent Development
10.6 DowDuPont
10.6.1 DowDuPont Company Information
10.6.2 DowDuPont Introduction and Business Overview
10.6.3 DowDuPont Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.6.4 DowDuPont Automotive Refinish Coating Products Offered
10.6.5 DowDuPont Recent Development
10.7 Kansai Paint
10.7.1 Kansai Paint Company Information
10.7.2 Kansai Paint Introduction and Business Overview
10.7.3 Kansai Paint Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Kansai Paint Automotive Refinish Coating Products Offered
10.7.5 Kansai Paint Recent Development
10.8 Nippon Paint
10.8.1 Nippon Paint Company Information
10.8.2 Nippon Paint Introduction and Business Overview
10.8.3 Nippon Paint Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nippon Paint Automotive Refinish Coating Products Offered
10.8.5 Nippon Paint Recent Development
10.9 KCC Paints
10.9.1 KCC Paints Company Information
10.9.2 KCC Paints Introduction and Business Overview
10.9.3 KCC Paints Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.9.4 KCC Paints Automotive Refinish Coating Products Offered
10.9.5 KCC Paints Recent Development
10.10 Axalta Coating
10.10.1 Axalta Coating Company Information
10.10.2 Axalta Coating Introduction and Business Overview
10.10.3 Axalta Coating Automotive Refinish Coating Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Axalta Coating Automotive Refinish Coating Products Offered
10.10.5 Axalta Coating Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Refinish Coating Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Refinish Coating Industrial Chain Analysis
11.4 Automotive Refinish Coating Market Dynamics
11.4.1 Automotive Refinish Coating Industry Trends
11.4.2 Automotive Refinish Coating Market Drivers
11.4.3 Automotive Refinish Coating Market Challenges
11.4.4 Automotive Refinish Coating Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Refinish Coating Distributors
12.3 Automotive Refinish Coating Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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