Global Automotive Paints & Coatings Market Forecast 2021-2028

Publisher Name :
Date: 20-Sep-2021
No. of pages: 240

KEY FINDINGS

The global automotive paints & coatings market is forecasted to project a CAGR of 4.83% during the estimated years. The market growth is predominantly ascribed to the increasing demand for passenger vehicles, proactive government support for the automotive industry, and the surging need for hygienic automotive interiors.

MARKET INSIGHTS

Automotive paint is used in vehicles for decoration as well as protection. It comprises polyurethane-based enamel that safeguards the substrate from elements. Automotive coatings are utilized for coating automotive surfaces, in addition to offering long-lasting surfaces that meet or exceed customer expectations in terms of aesthetics, environmental compliance, and efficiency.

Government regulations help overcome the externalities associated with private sector innovation across the vehicle industry, resulting in public benefits such as heightened fuel efficiency. Rising government funding has enabled leading automotive manufacturers globally, to invest in production facilities across emerging markets. This factor significantly lowers production costs and increases profits. These developing markets include China, Malaysia, Latin America, as well as several other regions in Southeast Asia.

REGIONAL INSIGHTS

The global automotive paints & coatings market growth assessment entails the evaluation of the Asia-Pacific, Europe, North America, and the Rest of World. North America is set to lead the global market for automotive paints & coatings by 2028. The region's market growth is accredited to government incentives and open investment policies, the increasing demand for vehicles, and the presence of major automobile manufacturers.

COMPETITIVE INSIGHTS

Companies with undifferentiated products, along with more extensive product portfolios, result in robust competition within the global market. Some firms also form joint ventures in order to capture new markets. For instance, in 2018, Berger Paints Ltd entered into an agreement with Rock Paint Co Ltd (Rock Paint), Japan, to form a joint venture for selling automotive paints in India as well as Nepal. Hence, the industrial rivalry is set to be high in the global automotive paints & coatings market over the forecast period.

Some of the top companies in the market are BASF SE, Berger Paints Ltd, HMG Paints Ltd, etc.

Our report offerings include:

- Explore key findings of the overall market

- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

- Market Segmentation cater to a thorough assessment of key segments with their market estimations

- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Global Automotive Paints & Coatings Market Forecast 2021-2028

Table Of Contents

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Growing Demand For Passenger Vehicles
3.1.2. Proactive Government Support For Automotive Industry
3.1.3. Rising Demand For Hygienic Automotive Interiors
3.2. Key Restraints
3.2.1. Increasing Regulation Threats And Meeting Formulators' Numerous Registration Requirements
3.2.2. High Costs And Shortages Of Raw Materials For Coatings
4. Key Analytics
4.1. Impact Of Covid-19 On Automotive Paints & Coatings Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By Product Type
5.1. Solvent-Borne
5.2. Water-Borne
5.3. Other Coatings (Powder Coatings, Etc)
6. Market By Vehicle Type
6.1. Passenger Vehicles
6.2. Commercial Vehicles
6.2.1. Heavy Commercial Vehicles
6.2.2. Light Commercial Vehicles
6.3. 2-Wheelers
7. Market By Texture Type
7.1. Solid
7.2. Metallic
7.3. Pearlescent
7.4. Other Texture Type
8. Market By Coat Type
8.1. Base Coat
8.2. Electro Coat
8.3. Clear Coat
8.4. Primer
9. Market By End-Users
9.1. Original Equipment Manufacturers (Oem)
9.2. Automotive Refinish
10. Geographical Analysis
10.1. North America
10.1.1. Market Size & Estimates
10.1.2. Key Drivers
10.1.3. Key Challenges
10.1.4. Key Players
10.1.5. Country Analysis
10.1.5.1. United States
10.1.5.2. Canada
10.2. Europe
10.2.1. Market Size & Estimates
10.2.2. Key Drivers
10.2.3. Key Challenges
10.2.4. Key Players
10.2.5. Country Analysis
10.2.5.1. United Kingdom
10.2.5.2. Germany
10.2.5.3. France
10.2.5.4. Italy
10.2.5.5. Russia
10.2.5.6. Slovakia
10.2.5.7. Poland
10.2.5.8. Rest Of Europe
10.3. Asia-Pacific
10.3.1. Market Size & Estimates
10.3.2. Key Drivers
10.3.3. Key Challenges
10.3.4. Key Players
10.3.5. Country Analysis
10.3.5.1. China
10.3.5.2. Japan
10.3.5.3. India
10.3.5.4. South Korea
10.3.5.5. Thailand
10.3.5.6. Rest Of Asia-Pacific
10.4. Rest Of World
10.4.1. Market Size & Estimates
10.4.2. Key Drivers
10.4.3. Key Challenges
10.4.4. Regional Analysis
10.4.4.1. Latin America
10.4.4.2. Middle East & Africa
11. Competitive Landscape
11.1. Key Strategic Developments
11.1.1. Mergers & Acquisitions
11.1.2. Partnerships & Agreements
11.1.3. Business Expansions & Divestitures
11.2. Company Profiles
11.2.1. Akzo Nobel Nv
11.2.2. Axalta Coating Systems
11.2.3. Basf Se
11.2.4. Berger Paints Ltd
11.2.5. Concept Paints
11.2.6. Hmg Paints Ltd
11.2.7. Kansai Paint Co Ltd
11.2.8. Kapci Coatings
11.2.9. Kcc Corporation
11.2.10. National Paints Factories Co Ltd
11.2.11. Ppg Industries Inc
11.2.12. Red Spot Paint
11.2.13. Rpm International Inc
11.2.14. Sherwin-Williams
11.2.15. Valspar Corporation

List Of Tables
Table 1: Market Snapshot - Automotive Paints & Coatings
Table 2: New Passenger Car Registrations In Top Countries In 2020
Table 3: Global Automotive Paints & Coatings Market, By Product Type, Historical Years, 2016-2020 (In $ Million)
Table 4: Global Automotive Paints & Coatings Market, By Product Type, Forecast Years, 2021-2028 (In $ Million)
Table 5: Global Solvent-Borne Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 6: Global Solvent-Borne Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 7: Global Water-Borne Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 8: Global Water-Borne Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 9: Global Other Coatings (Powder Coatings, Etc) Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 10: Global Other Coatings (Powder Coatings, Etc) Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 11: Global Automotive Paints & Coatings Market, By Vehicle Type, Historical Years, 2016-2020 (In $ Million)
Table 12: Global Automotive Paints & Coatings Market, By Vehicle Type, Forecast Years, 2021-2028 (In $ Million)
Table 13: Global Passenger Vehicles Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 14: Global Passenger Vehicles Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 15: Global Commercial Vehicles Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 16: Global Commercial Vehicles Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 17: Global Automotive Paints & Coatings Market, By Commercial Vehicles, Historical Years, 2016-2020 (In $ Million)
Table 18: Global Automotive Paints & Coatings Market, By Commercial Vehicles, Forecast Years, 2021-2028 (In $ Million)
Table 19: Global Heavy Commercial Vehicles Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 20: Global Heavy Commercial Vehicles Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 21: Global Light Commercial Vehicles Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 22: Global Light Commercial Vehicles Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 23: Global 2-Wheelers Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 24: Global 2-Wheelers Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 25: Global Automotive Paints & Coatings Market, By Texture Type, Historical Years, 2016-2020 (In $ Million)
Table 26: Global Automotive Paints & Coatings Market, By Texture Type, Forecast Years, 2021-2028 (In $ Million)
Table 27: Global Solid Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 28: Global Solid Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 29: Global Metallic Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 30: Global Metallic Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 31: Global Pearlescent Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 32: Global Pearlescent Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 33: Global Other Texture Type Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 34: Global Other Texture Type Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 35: Global Automotive Paints & Coatings Market, By Coat Type, Historical Years, 2016-2020 (In $ Million)
Table 36: Global Automotive Paints & Coatings Market, By Coat Type, Forecast Years, 2021-2028 (In $ Million)
Table 37: Global Base Coat Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 38: Global Base Coat Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 39: Global Electro Coat Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 40: Global Electro Coat Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 41: Global Clear Coat Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 42: Global Clear Coat Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 43: Global Primer Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 44: Global Primer Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 45: Global Automotive Paints & Coatings Market, By End-Users, Historical Years, 2016-2020 (In $ Million)
Table 46: Global Automotive Paints & Coatings Market, By End-Users, Forecast Years, 2021-2028 (In $ Million)
Table 47: Global Original Equipment Manufacturers (Oem) Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 48: Global Original Equipment Manufacturers (Oem) Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 49: Global Automotive Refinish Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 50: Global Automotive Refinish Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 51: Global Automotive Paints & Coatings Market, By Geography, Historical Years, 2016-2020 (In $ Million)
Table 52: Global Automotive Paints & Coatings Market, By Geography, Forecast Years, 2021-2028 (In $ Million)
Table 53: North America Automotive Paints & Coatings Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 54: North America Automotive Paints & Coatings Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 55: Key Players In North America Automotive Paints & Coatings Market
Table 56: Production & Sales Of Automobiles In United States (2016-2020)
Table 57: Production & Sales Of Automobiles In Canada (2016-2020)
Table 58: Europe Automotive Paints & Coatings Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 59: Europe Automotive Paints & Coatings Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 60: Key Players In Europe Automotive Paints & Coatings Market
Table 61: Production & Sales Of Automobiles In United Kingdom (2016-2020)
Table 62: Production & Sales Of Automobiles In Germany (2016-2020)
Table 63: Production & Sales Of Automobiles In France (2016-2020)
Table 64: Production & Sales Of Automobiles In Italy (2016-2020)
Table 65: Production & Sales Of Automobiles In Russia (2016-2020)
Table 66: Annual Car Production In Slovakia, 2016-2020 (In Millions)
Table 67: Production & Sales Of Automobiles In Poland (2016-2020)
Table 68: Production & Sales Of Automobiles In Spain (2016-2020)
Table 69: Production & Sales Of Automobiles In Netherlands (2016-2020)
Table 70: Production & Sales Of Automobiles In Sweden (2016-2020)
Table 71: Asia-Pacific Automotive Paints & Coatings Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 72: Asia-Pacific Automotive Paints & Coatings Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 73: Key Players In Asia-Pacific Automotive Paints & Coatings Market
Table 74: Production & Sales Of Automobiles In China (2016-2020)
Table 75: Production & Sales Of Automobiles In Japan (2016-2020)
Table 76: Production & Sales Of Automobiles In India (2016-2020)
Table 77: Production & Sales Of Automobiles In South Korea (2016-2020)
Table 78: Production & Sales Of Automobiles In Thailand (2016-2020)
Table 79: Production & Sales Of Automobiles In Philippines (2016-2020)
Table 80: Production & Sales Of Automobiles In Taiwan (2016-2020)
Table 81: Production & Sales Of Automobiles In Malaysia (2016-2020)
Table 82: Production & Sales Of Automobiles In Singapore (2016-2020)
Table 83: Rest Of World Automotive Paints & Coatings Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 84: Rest Of World Automotive Paints & Coatings Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 85: Key Players In Rest Of World Automotive Paints & Coatings Market
Table 86: Production & Sales Of Automobiles In Mexico (2016-2020)
Table 87: Production & Sales Of Automobiles In Brazil (2016-2020)
Table 88: Production & Sales Of Automobiles In Argentina (2016-2020)
Table 89: Production & Sales Of Automobiles In United Arab Emirates (2016-2020)
Table 90: Production & Sales Of Automobiles In Saudi Arabia (2016-2020)
Table 91: Production & Sales Of Automobiles In South Africa (2016-2020)
Table 92: List Of Mergers & Acquisitions
Table 93: List Of Partnerships & Agreements
Table 94: List Of Business Expansions & Divestitures

List Of Figures
Figure 1: Key Market Trends
Figure 2: Porter's Five Forces Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Global Automotive Paints & Coatings Market, Growth Potential, By Product Type, In 2020
Figure 6: Global Automotive Paints & Coatings Market, By Solvent-Borne, 2021-2028 (In $ Million)
Figure 7: Global Automotive Paints & Coatings Market, By Water-Borne, 2021-2028 (In $ Million)
Figure 8: Global Automotive Paints & Coatings Market, By Other Coatings (Powder Coatings, Etc), 2021-2028 (In $ Million)
Figure 9: Global Automotive Paints & Coatings Market, Growth Potential, By Vehicle Type, In 2020
Figure 10: Global Automotive Paints & Coatings Market, By Passenger Vehicles, 2021-2028 (In $ Million)
Figure 11: Global Automotive Paints & Coatings Market, By Commercial Vehicles, 2021-2028 (In $ Million)
Figure 12: Global Automotive Paints & Coatings Market, Growth Potential, By Commercial Vehicles, In 2020
Figure 13: Global Automotive Paints & Coatings Market, By Heavy Commercial Vehicles, 2021-2028 (In $ Million)
Figure 14: Global Automotive Paints & Coatings Market, By Light Commercial Vehicles, 2021-2028 (In $ Million)
Figure 15: Global Automotive Paints & Coatings Market, By 2-Wheelers, 2021-2028 (In $ Million)
Figure 16: Global Automotive Paints & Coatings Market, Growth Potential, By Texture Type, In 2020
Figure 17: Global Automotive Paints & Coatings Market, By Solid, 2021-2028 (In $ Million)
Figure 18: Global Automotive Paints & Coatings Market, By Metallic, 2021-2028 (In $ Million)
Figure 19: Global Automotive Paints & Coatings Market, By Pearlescent, 2021-2028 (In $ Million)
Figure 20: Global Automotive Paints & Coatings Market, By Other Texture Type, 2021-2028 (In $ Million)
Figure 21: Global Automotive Paints & Coatings Market, Growth Potential, By Coat Type, In 2020
Figure 22: Global Automotive Paints & Coatings Market, By Base Coat, 2021-2028 (In $ Million)
Figure 23: Global Automotive Paints & Coatings Market, By Electro Coat, 2021-2028 (In $ Million)
Figure 24: Global Automotive Paints & Coatings Market, By Clear Coat, 2021-2028 (In $ Million)
Figure 25: Global Automotive Paints & Coatings Market, By Primer, 2021-2028 (In $ Million)
Figure 26: Global Automotive Paints & Coatings Market, Growth Potential, By End-Users, In 2020
Figure 27: Global Automotive Paints & Coatings Market, By Original Equipment Manufacturers (Oem), 2021-2028 (In $ Million)
Figure 28: Global Automotive Paints & Coatings Market, By Automotive Refinish, 2021-2028 (In $ Million)
Figure 29: Global Automotive Paints & Coatings Market, Regional Outlook, 2020 & 2028 (In %)
Figure 30: North America Automotive Paints & Coatings Market, Regional Outlook, 2020 & 2028 (In %)
Figure 31: United States Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 32: Canada Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 33: Europe Automotive Paints & Coatings Market, Regional Outlook, 2020 & 2028 (In %)
Figure 34: United Kingdom Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 35: Germany Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 36: France Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 37: Italy Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 38: Russia Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 39: Slovakia Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 40: Poland Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 41: Rest Of Europe Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 42: Asia-Pacific Automotive Paints & Coatings Market, Regional Outlook, 2020 & 2028 (In %)
Figure 43: China Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 44: Japan Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 45: India Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 46: South Korea Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 47: Thailand Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 48: Rest Of Asia-Pacific Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 49: Rest Of World Automotive Paints & Coatings Market, Regional Outlook, 2020 & 2028 (In %)
Figure 50: Latin America Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
Figure 51: Middle East & Africa Automotive Paints & Coatings Market, 2021-2028 (In $ Million)
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