Report Description

Global automotive paints market is projected to grow a rapid pace with a formidable CAGR during the forecast period 2023-2027. The market growth can be accredited to the increasing vehicle production & sales globally on the account of growing purchasing power of the consumers demand for electric and hybrid vehicles, and people’s preference for safe, convenient, and comfortable mode of commuting. Automotive paints are the water-based formula of paints which are sprayed on the automobiles surface and protects the surface of the automobile from environmental damages along with enhancing the aesthetics of the motor vehicles. Besides, the introduction of efficient painting technologies and a gradual shift towards manufacturing paints and coatings that are non-toxic for the environment are acting as another growth-inducing factor. In addition, the adoption of eco-friendly paints is also adding to the market growth. Furthermore, several market players are introducing quality of automotive paints that can protect the vehicle from unwanted dirt, acidic rains, UV rays, corrosion, and oxidation.

The global automotive paints market is segmented on the basis of vehicle type, coat type, technology, texture type, competitive landscape, and regional distribution. Based on the vehicle type the market is bifurcated into passenger cars, light commercial vehicles and heavy commercial vehicles. By coat type the market is fragmented into base coat, primer coat, clear coat and electro coat. Based in the technology the market is divided among powder coatings, waterborne coatings and solvent borne coatings. Among these, the powder coatings segment is projected to propel the market over the coming years. This is primarily because powder coating is environmentally friendly as these paints do not utilize wet paints, therefore they don’t release harmful compounds into the environment. Moreover, this technique is cost-efficient and offer aesthetic finish to the vehicle. By texture the market is differentiated between solid texture and metallic texture.


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Some of the leading players in the Global automotive paints market are Berger Paints, BASF SE, PPG Industries Inc., Axalta Coatings System LLC, Valspar Corporation, Arkema SA, Solvay SA, Nippon Paint Holdings Co., Ltd, Kansai Paint Co. Ltd., Akzonobel N.V. etc.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Source

·         Form

·         Application

Regional scope

North America; Europe &CIS; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa; Kuwait

Key companies profiled

Berger Paints, BASF SE, PPG Industries Inc., Axalta Coatings System LLC, Valspar Corporation, Arkema SA, Solvay SA, Nippon Paint Holdings Co., Ltd, Kansai Paint Co. Ltd., and Akzonobel N.V.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global Automotive Paints Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Automotive Paints Market, By Vehicle Type:
    • Passenger Cars
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
  • Automotive Paints Market, By Coat Type:
    • Base Coat
    • Primer coat
    • Clear coat
    • Electro coat
  • Automotive Paints Market, By Technology:
    • Powder coatings
    • Waterborne coatings
    • Solvent borne coatings
  • Automotive Paints Market, By Texture Type:
    • Solid Texture
    • Metallic Texture
  • Automotive Paints Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Paints Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Automotive Paints Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Automotive Paints Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Product Awareness

5.2.  Brand Awareness

5.3.  Brand Recall

5.4.  Product Pricing

5.5.  Challenges & Unmet Needs

6.    Global Automotive Paints Market Overview 

7.    Global Automotive Paints Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles)

7.2.2.     By Coat Type (Base Coat, Primer coat, Clear coat and Electro coat)

7.2.3.     By Technology (Powder coatings, Waterborne coatings and Solvent borne coatings)

7.2.4.     By Texture Type (Solid Texture and Metallic Texture)

7.2.5.     By Region

7.2.6.     By Company (2021)

7.3.  Market Attractiveness Index

8.    Asia-Pacific Automotive Paints Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Coat Type

8.2.3.     By Technology

8.2.4.     By Country

8.3.  Market Attractiveness Index

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Automotive Paints Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Vehicle Type

8.4.1.2.2.             By Coat Type

8.4.1.3.         Market Attractiveness Index

8.4.2.     India Automotive Paints Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Vehicle Type

8.4.2.2.2.             By Coat Type

8.4.2.3.         Market Attractiveness Index

8.4.3.     Japan Automotive Paints Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Vehicle Type

8.4.3.2.2.             By Coat Type

8.4.3.3.         Market Attractiveness Index

8.4.4.     South Korea Automotive Paints Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Vehicle Type

8.4.4.2.2.             By Coat Type

8.4.4.3.         Market Attractiveness Index

8.4.5.     Australia Automotive Paints Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Vehicle Type

8.4.5.2.2.             By Coat Type

8.4.5.3.         Market Attractiveness Index

8.4.6.     Singapore Automotive Paints Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value & Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Vehicle Type

8.4.6.2.2.             By Coat Type

8.4.6.3.         Market Attractiveness Index

8.4.7.     Malaysia Automotive Paints Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value & Volume

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By Vehicle Type

8.4.7.2.2.             By Coat Type

8.4.7.3.         Market Attractiveness Index

9.    Europe & CIS Automotive Paints Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Coat Type

9.2.3.     By Technology

9.2.4.     By Country

9.3.  Market Attractiveness Index

9.4.  Europe: Country Analysis

9.4.1.     France Automotive Paints Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Vehicle Type

9.4.1.2.2.             By Coat Type

9.4.1.3.         Market Attractiveness Index

9.4.2.     Germany Automotive Paints Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Vehicle Type

9.4.2.2.2.             By Coat Type

9.4.2.3.         Market Attractiveness Index

9.4.3.     United Kingdom Automotive Paints Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Vehicle Type

9.4.3.2.2.             By Coat Type

9.4.3.3.         Market Attractiveness Index

9.4.4.     Italy Automotive Paints Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value & Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Vehicle Type

9.4.4.2.2.             By Coat Type

9.4.4.3.         Market Attractiveness Index

9.4.5.     Spain Automotive Paints Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value & Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Vehicle Type

9.4.5.2.2.             By Coat Type

9.4.5.3.         Market Attractiveness Index

10.  North America Automotive Paints Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Coat Type

10.2.3.  By Technology

10.2.4.  By Country

10.3.              Market Attractiveness Index

10.4.              North America: Country Analysis

10.4.1.  United States Automotive Paints Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Vehicle Type

10.4.1.2.2.           By Coat Type

10.4.1.3.      Market Attractiveness Index

10.4.2.  Mexico Automotive Paints Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Vehicle Type

10.4.2.2.2.           By Coat Type

10.4.2.3.      Market Attractiveness Index

10.4.3.  Canada Automotive Paints Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Vehicle Type

10.4.3.2.2.           By Coat Type

10.4.3.3.      Market Attractiveness Index

11.  South America Automotive Paints Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Coat Type

11.2.3.  By Technology

11.2.4.  By Country

11.3.              Market Attractiveness Index

11.3.1.  Brazil Automotive Paints Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Vehicle Type

11.3.1.2.2.           By Coat Type

11.3.1.3.      Market Attractiveness Index

11.3.2.  Argentina Automotive Paints Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Vehicle Type

11.3.2.2.2.           By Coat Type

11.3.2.3.      Market Attractiveness Index

11.3.3.  Colombia Automotive Paints Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Vehicle Type

11.3.3.2.2.           By Coat Type

11.3.3.3.      Market Attractiveness Index

12.  Middle East and Africa Automotive Paints Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Vehicle Type

12.2.2.  By Coat Type

12.2.3.  By Technology

12.2.4.  By Country

12.3.              Market Attractiveness Index

12.4.              MEA: Country Analysis

12.4.1.  South Africa Automotive Paints Market Outlook

12.4.1.1.      Market Size & Forecast

12.4.1.1.1.           By Value & Volume

12.4.1.2.      Market Share & Forecast

12.4.1.2.1.           By Vehicle Type

12.4.1.2.2.           By Coat Type

12.4.1.3.      Market Attractiveness Index

12.4.2.  Saudi Arabia Automotive Paints Market Outlook

12.4.2.1.      Market Size & Forecast

12.4.2.1.1.           By Value & Volume

12.4.2.2.      Market Share & Forecast

12.4.2.2.1.           By Vehicle Type

12.4.2.2.2.           By Coat Type

12.4.2.3.      Market Attractiveness Index

12.4.3.  UAE Automotive Paints Market Outlook

12.4.3.1.      Market Size & Forecast

12.4.3.1.1.           By Value & Volume

12.4.3.2.      Market Share & Forecast

12.4.3.2.1.           By Vehicle Type

12.4.3.2.2.           By Coat Type

12.4.3.3.      Market Attractiveness Index

12.4.4.  Qatar Automotive Paints Market Outlook

12.4.4.1.      Market Size & Forecast

12.4.4.1.1.           By Value & Volume

12.4.4.2.      Market Share & Forecast

12.4.4.2.1.           By Vehicle Type

12.4.4.2.2.           By Coat Type

12.4.4.3.      Market Attractiveness Index

13.  Supply Chain Analysis

14.  Market Dynamics

14.1.              Drivers

14.2.              Challenges

15.  Market Trends & Developments

16.  Policy & Regulatory Landscape

17.  Competitive Landscape

17.1.              Competition Outlook

17.2.              Company Profiles

17.2.1.  Berger Paints

17.2.2.  BASF SE

17.2.3.  PPG Industries Inc.

17.2.4.  Axalta Coatings System LLC

17.2.5.  Valspar Corporation

17.2.6.  Arkema SA

17.2.7.  Solvay SA

17.2.8.  Nippon Paint Holdings Co., Ltd

17.2.9.  Kansai Paint Co. Ltd.

17.2.10.                Akzonobel N.V

18. Strategic Recommendation

Figures and Tables

Frequently asked questions

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Growing demand for automobiles on the account of inflating disposable income and growing stringency of regulations & norms regarding automotive paints are driving the global automotive paints market.

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Based in the technology, the market is divided among powder coatings, waterborne coatings and solvent borne coatings. Among these, the powder coatings segment is projected to propel the market over the coming years. This is primarily because powder coating technology is cost-effective and is environmentally friendly as these paints do not utilize wet paints, therefore they don’t release harmful compounds into the environment.

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Berger Paints, BASF SE, PPG Industries Inc., Axalta Coatings System LLC, Valspar Corporation, Arkema SA, Solvay SA, Nippon Paint Holdings Co., Ltd, Kansai Paint Co. Ltd., and Akzonobel N.V are the leading player of the global automotive paints market.

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The rise in prices of raw materials to manufacture automotive paints may hinder the market growth over the forecast period.

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