Automotive Coatings Market

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Automotive Coatings Market by Resin Type (Polyurethane, Epoxy, Acrylic), Vehicle Type (Passenger Cars, Commercial Vehicles), Technology Type (Solvent-based, Water-based, Powder-based), Coat Type (Clearcoat, Basecoat) & Region - Global Forecast to 2028

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Report Code: CH 4570 Nov, 2023, by marketsandmarkets.com

The automotive coatings market is projected to grow from USD 15.5 billion in 2023 to USD 19.0  billion by 2028, at a CAGR of 4.1% between 2023 and 2028. The passenger cars, by vehicle type segment in Asia Pacific region is expecting a boom in the forecasted period and will lead to an increase in the demand for automotive coatings.

Attractive Opportunities in the Atomotive Coatings Market

Atomotive Coatings Market

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Atomotive Coatings Market

Source: Expert Interviews, Secondary Sources, and MarketsandMarkets Analysis

Automotive coatings Market Dynamics

Drivers: Growth in Automotive industry coupled with EV sales

The growth in the automotive industry, coupled with the increasing sales of electric vehicles (EVs), is driving the automotive coatings market. The overall expansion of the automotive market, marked by increased production and sales of traditional and electric vehicles, directly boosts the demand for automotive coatings. As more vehicles are manufactured, the need for coatings to protect and enhance their surfaces rises correspondingly. The growing market share of electric vehicles is a notable factor. Electric vehicles often require coatings that cater to the specific needs of their components, such as battery systems and lightweight materials, contributing to the overall demand for advanced coatings. Consumers' preferences for high-quality finishes and visually appealing vehicles are driving the demand for advanced coatings. This trend is particularly pronounced in the automotive industry, where aesthetics play a significant role in consumer decision-making.

Restraints: Revocation of government subsidiaries on EVs

Government incentives and subsidies have played a pivotal role in promoting the adoption of electric vehicles, encouraging consumers to make the switch to more sustainable and environmentally friendly transportation options. These subsidies often contribute to making electric vehicles more cost-competitive and financially appealing to consumers. revocation of the subsidies could have a ripple effect on the demand for coatings tailored to electric vehicles. Reduced financial incentives for consumers may slow down the adoption rate of electric vehicles, impacting the overall production and sales of EVs. As a result, the demand for specialized coatings designed for electric vehicles, which often require unique formulations to protect sensitive electronic components and advanced systems, could experience a decline.

Opportunities: Advancement in coating technology

The automotive industry is experiencing rapid technological advancements, including the development of electric and autonomous vehicles. These advancements require specialized coatings to protect sensitive electronic components, contribute to energy efficiency, and meet the unique requirements of advanced vehicle systems.

Challenges: Stringent regulatory policies

Regulations aimed at reducing the environmental impact of automotive coatings often focus on limiting the use of certain chemicals, particularly volatile organic compounds (VOCs) that contribute to air pollution. Compliance with strict emission standards can necessitate the reformulation of coatings, which may require significant research and development investments by manufacturers. Adhering to stringent regulations may require coatings manufacturers to invest in the development of new formulations that meet or exceed regulatory requirements. These additional research and development costs can impact the overall cost structure of the industry. The automotive coatings market is global, and different regions have varying regulatory frameworks. Adapting products to comply with diverse regulations across different markets adds complexity and can require customization based on regional standards.

Automotive coatings Market Ecosystem

Prominent companies in this market include well established , financially stable manufactures of Automotive coatings. These companies have been operating in the market for several years  and posses a diversified  product portfolio and strong global sales and marketing networks. Prominent companies in the market include BASF SE (Germany), PPG Industries, Inc. (US), Axalta Coating Syatems (US), Akzo Nobel N.V. (Netherlands), and Kansai Paint Co., Ltd (Japan)

Atomotive Coatings Market Ecosystem

Water-based coating by technology is expected to register highest CAGR during the forecast period.

There is a growing emphasis on environmental sustainability and the reduction of volatile organic compounds (VOCs) in coatings. Water-based coatings align with these objectives, as they have lower VOC emissions compared to traditional solvent-based coatings, meeting stringent regulatory standards and environmental guidelines. Increased awareness of the environmental impact of automotive manufacturing processes has prompted automakers and coatings manufacturers to adopt eco-friendly practices. Water-based coatings are considered more environmentally friendly as they reduce air pollution, minimize hazardous waste, and contribute to overall sustainability.

Atomotive Coatings Market by Region

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In Asia Pacific, India is the fastest-growing automotive coatings market.

the country's robust economic growth and a burgeoning middle class have led to an increase in disposable income and consumer spending. This has fueled a significant rise in the demand for vehicles, both two-wheelers and four-wheelers, driving the need for automotive coatings to protect and enhance the appearance of these vehicles. the Indian government's initiatives such as "Make in India" and "Atmanirbhar Bharat" (Self-Reliant India) have boosted the manufacturing sector, including the automotive industry. The growth in automotive manufacturing translates directly into an increased requirement for coatings for new vehicles. the Indian automotive market is witnessing technological advancements, including the rise of electric vehicles (EVs). The unique coating requirements of EVs, such as protection for battery systems and lightweight materials, contribute to the overall growth of the automotive coatings market.

Key Market Players

BASF SE (Germany), PPG Industries, Inc. (US), Axalta Coating Syatems (US), Akzo Nobel N.V. (Netherlands), and Kansai Paint Co., Ltd (Japan) are the key players in the global automotive coatings market.

Kansai Paint Co Ltd produces and markets a diverse range of coatings and paint products, offering five main product categories: automotive coatings, automotive refinish coatings, decorative coatings, protection coatings, and industrial coatings. Within its automotive coatings, the company provides clear coat paints, top coat paints, and primers. In the realm of industrial coatings, Kansai Paint supplies paint and coatings for a variety of applications, including bridges, roads, storage tanks, power plants, and manufacturing facilities. The primary customer bases for Kansai Paint's products are the automotive, marine, and construction industries.

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Scope of the Report

Report Metric

Details

Market size available for years

2018-2028

Base year considered

2022

Forecast Period

2023-2028

Forecast Units

Value (USD million/billion)

Segments Covered

By Resin Type, By Technology, By Vehicle Type, By Coat Type, By Region

Geographies Covered

Asia Pacific, Europe, North America, Middle East & Africa and South America

Companies covered

BASF SE (Germany), PPG Industries, Inc. (US), Axalta Coating Syatems (US), Akzo Nobel N.V. (Netherlands), and Kansai Paint Co., Ltd (Japan)
A total of 25 players are covered.
Based on Resin type, the automotive coatings market has been segmented as follows:
  • Polyurethane
  • Epoxy
  • Acrylic
  • Others
Based on Coat Type, the automotive coatings market has been segmented as follows:
  • Clearcoat
  • Basecoat
  • Primer
  • E-Coat
Based on vehicle type, the automotive coatings market has been segmented as follows:
  • Passenger cars
  • Commercial Vehicles
Based on technology, the automotive coatings market has been segmented as follows:
  • Solvent-based
  • Water-based
  • Powder-based
Based on the region, the automotive coatings market has been segmented as follows:
  • Asia Pacific
  • Europe
  • North America
  • Middle East & Africa
  • South America

Recent Developments

  • In May 2023, KANSAI HELIOS Coatings GmbH (“KANSAI HELIOS”), a European consolidated subsidiary of Kansai Paint Co., Ltd (“Kansai Paint") has completed its acquisition of the global Railway Coatings business assets from Beckers Group´s company Becker Industrie SAS (“Beckes")

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 44)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
           1.2.2 DEFINITION AND INCLUSIONS, BY RESIN TYPE
           1.2.3 DEFINITION AND INCLUSIONS, BY TECHNOLOGY
           1.2.4 DEFINITION AND INCLUSIONS, BY COAT TYPE
           1.2.5 DEFINITION AND INCLUSIONS, BY VEHICLE TYPE
    1.3 MARKET SCOPE 
          FIGURE 1 AUTOMOTIVE COATINGS MARKET SEGMENTATION
           1.3.1 REGIONS COVERED
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
           1.7.1 RECESSION IMPACT
 
2 RESEARCH METHODOLOGY (Page No. - 51)
    2.1 RESEARCH DATA 
          FIGURE 2 AUTOMOTIVE COATINGS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primary interviews
                    2.1.2.3 Primary data sources
                    2.1.2.4 Key industry insights
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 3 AUTOMOTIVE COATINGS MARKET SIZE ESTIMATION, BY TECHNOLOGY
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
                    FIGURE 5 AUTOMOTIVE COATING MARKET SIZE ESTIMATION, BY REGION
                    FIGURE 6 AUTOMOTIVE COATINGS MARKET, BY TECHNOLOGY
    2.3 MARKET FORECAST 
           2.3.1 SUPPLY-SIDE FORECAST
                    FIGURE 7 AUTOMOTIVE COATINGS MARKET: SUPPLY-SIDE FORECAST
                    FIGURE 8 METHODOLOGY FOR SUPPLY-SIDE SIZING OF AUTOMOTIVE COATINGS MARKET
    2.4 FACTOR ANALYSIS 
          FIGURE 9 FACTOR ANALYSIS OF AUTOMOTIVE COATING MARKET
    2.5 DATA TRIANGULATION 
          FIGURE 10 AUTOMOTIVE COATINGS MARKET: DATA TRIANGULATION
    2.6 ASSUMPTIONS 
    2.7 LIMITATIONS 
    2.8 GROWTH FORECAST 
    2.9 RISK ASSESSMENT 
          TABLE 1 AUTOMOTIVE COATINGS MARKET: RISK ASSESSMENT
    2.10 RECESSION IMPACT ANALYSIS 
 
3 EXECUTIVE SUMMARY (Page No. - 63)
    TABLE 2 AUTOMOTIVE COATINGS MARKET SNAPSHOT, 2023 VS. 2028
    FIGURE 11 POLYURETHANE RESIN SEGMENT TO DOMINATE AUTOMOTIVE COATING MARKET
    FIGURE 12 SOLVENT-BASED TECHNOLOGY TO LEAD AUTOMOTIVE COATINGS MARKET
    FIGURE 13 CLEARCOAT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
    FIGURE 14 ASIA PACIFIC TO RECORD FASTEST GROWTH DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 67)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE COATINGS MARKET 
          FIGURE 15 GROWTH OF AUTOMOTIVE SECTOR TO DRIVE MARKET IN ASIA PACIFIC
    4.2 AUTOMOTIVE COATINGS MARKET, BY TECHNOLOGY 
          FIGURE 16 SOLVENT-BASED COATINGS TO BE LARGEST SEGMENT DURING FORECAST PERIOD
    4.3 AUTOMOTIVE COATING MARKET, DEVELOPED VS. EMERGING ECONOMIES 
          FIGURE 17 EMERGING ECONOMIES TO WITNESS HIGHER GROWTH RATE DURING FORECAST PERIOD
    4.4 ASIA PACIFIC AUTOMOTIVE COATINGS MARKET, BY TECHNOLOGY AND COUNTRY 
          FIGURE 18 CHINA AND SOLVENT-BASED TECHNOLOGY ACCOUNTED FOR LARGEST MARKET SHARE IN ASIA PACIFIC
    4.5 AUTOMOTIVE COATINGS MARKET, BY KEY COUNTRY 
          FIGURE 19 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 70)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN AUTOMOTIVE COATINGS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Growing automotive and EV sales
                    5.2.1.2 Green, environment-friendly, and healthier coating systems
                    5.2.1.3 Technological advancements in powder-based coatings
           5.2.2 RESTRAINTS
                    5.2.2.1 Volatility of raw material prices
                    5.2.2.2 Environmental regulations in developed countries
                    5.2.2.3 Revocation of government subsidies on EVs
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing use of powder-based coatings in automotive industry
                    5.2.3.2 Advancements in coating technology
                    5.2.3.3 Process optimization
           5.2.4 CHALLENGES
                    5.2.4.1 Changes in consumer demand
                    5.2.4.2 Stringent regulatory policies
                    5.2.4.3 Environmental challenges concerning wastewater discharge
    5.3 PORTER’S FIVE FORCES ANALYSIS 
          TABLE 3 AUTOMOTIVE COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS
          FIGURE 21 PORTER’S FIVE FORCES ANALYSIS: AUTOMOTIVE COATINGS MARKET
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF BUYERS
           5.3.4 BARGAINING POWER OF SUPPLIERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 MACROECONOMIC INDICATORS 
           5.4.1 INTRODUCTION
           5.4.2 GDP TRENDS AND FORECAST
                    TABLE 4 GDP PERCENTAGE (%) CHANGE OF KEY COUNTRIES, 2020–2028
           5.4.3 TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY
                    TABLE 5 AUTOMOTIVE INDUSTRY PRODUCTION (2021–2022)
 
6 INDUSTRY TRENDS (Page No. - 81)
    6.1 SUPPLY CHAIN ANALYSIS 
          FIGURE 22 AUTOMOTIVE COATINGS: SUPPLY CHAIN ANALYSIS
          TABLE 6 AUTOMOTIVE COATINGS MARKET: SUPPLY CHAIN
    6.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
          FIGURE 23 REVENUE SHIFT FOR AUTOMOTIVE COATINGS MANUFACTURERS
    6.3 ECOSYSTEM MAP 
          FIGURE 24 AUTOMOTIVE COATINGS MARKET: ECOSYSTEM
    6.4 CASE STUDY 
    6.5 TECHNOLOGY ANALYSIS 
    6.6 KEY STAKEHOLDERS & BUYING CRITERIA 
           6.6.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
                    TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP INDUSTRIES (%)
           6.6.2 BUYING CRITERIA
                    FIGURE 26 KEY BUYING CRITERIA FOR AUTOMOTIVE COATINGS
                    TABLE 8 KEY BUYING CRITERIA FOR AUTOMOTIVE COATINGS
    6.7 PRICING ANALYSIS 
           6.7.1 AVERAGE SELLING PRICE TREND, BY REGION
                    FIGURE 27 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2028
                    TABLE 9 AVERAGE SELLING PRICE OF AUTOMOTIVE COATINGS, BY REGION, 2020–2028
           6.7.2 AVERAGE SELLING PRICE TREND, BY RESIN TYPE
                    FIGURE 28 AVERAGE SELLING PRICE TREND, BY RESIN TYPE, 2020–2028
                    TABLE 10 AVERAGE SELLING PRICE OF AUTOMOTIVE COATINGS, BY RESIN TYPE, 2020–2028
           6.7.3 AVERAGE SELLING PRICE TREND, BY COAT TYPE
                    FIGURE 29 AVERAGE SELLING PRICE TREND, BY COAT TYPE, 2020–2028
                    TABLE 11 AVERAGE SELLING PRICE OF AUTOMOTIVE COATINGS, BY COAT TYPE, 2020–2028
           6.7.4 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY
                    FIGURE 30 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY, 2020–2028
                    TABLE 12 AVERAGE SELLING PRICE OF AUTOMOTIVE COATINGS, BY TECHNOLOGY, 2020–2028
           6.7.5 AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE
                    FIGURE 31 AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE, 2022
                    TABLE 13 AVERAGE SELLING PRICE OF AUTOMOTIVE COATINGS, BY VEHICLE TYPE, 2020–2028
           6.7.6 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY RESIN TYPE
                    FIGURE 32 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY RESIN TYPE, 2022
                    TABLE 14 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY RESIN TYPE, 2022
    6.8 TRADE ANALYSIS 
           6.8.1 EXPORT SCENARIO OF PAINTS AND COATINGS
                    FIGURE 33 AUTOMOTIVE COATINGS EXPORT, BY KEY COUNTRY, 2018–2022 (TON)
                    FIGURE 34 AUTOMOTIVE COATINGS EXPORT, BY KEY COUNTRY, 2018–2022 (USD MILLION)
                    TABLE 15 COUNTRY-WISE EXPORT DATA, 2018–2022 (USD THOUSAND)
                    TABLE 16 COUNTRY-WISE EXPORT DATA, 2018–2022 (TON)
           6.8.2 IMPORT SCENARIO OF PAINTS AND COATINGS
                    FIGURE 35 AUTOMOTIVE COATINGS IMPORT, BY KEY COUNTRY, 2018–2022 (TON)
                    FIGURE 36 AUTOMOTIVE COATINGS IMPORT, BY KEY COUNTRY, 2018–2022 (USD MILLION)
                    TABLE 17 COUNTRY-WISE IMPORT DATA, 2018–2022 (USD THOUSAND)
                    TABLE 18 COUNTRY-WISE IMPORT DATA, 2018–2022 (TON)
    6.9 GLOBAL ECONOMIC SCENARIO AFFECTING MARKET GROWTH 
           6.9.1 IMPACT OF SLOWDOWN
           6.9.2 RUSSIA-UKRAINE WAR
           6.9.3 EUROPE RECESSION
           6.9.4 ENERGY CRISIS IN EUROPE
           6.9.5 ASIA PACIFIC RECESSION IMPACT
    6.10 TARIFF AND REGULATORY LANDSCAPE 
           6.10.1 REGULATIONS RELATED TO AUTOMOTIVE COATINGS
           6.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 19 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 20 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 21 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    6.11 PATENT ANALYSIS 
           FIGURE 37 NUMBER OF PATENTS GRANTED FOR AUTOMOTIVE COATINGS MARKET,  2013–2023
           FIGURE 38 REGIONAL ANALYSIS OF PATENTS GRANTED FOR AUTOMOTIVE COATING MARKET
           TABLE 22 PATENTS IN AUTOMOTIVE COATINGS MARKET, 2023
    6.12 KEY CONFERENCES & EVENTS IN 2023–2024 
           TABLE 23 AUTOMOTIVE COATINGS MARKET: KEY CONFERENCES & EVENTS, 2023–2024
 
7 AUTOMOTIVE COATINGS MARKET, BY VEHICLE TYPE (Page No. - 117)
    7.1 INTRODUCTION 
          FIGURE 39 PASSENGER CARS TO LEAD MARKET DURING FORECAST PERIOD
          TABLE 24 AUTOMOTIVE COATINGS MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
          TABLE 25 AUTOMOTIVE COATING MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
          TABLE 26 AUTOMOTIVE COATINGS MARKET, BY VEHICLE TYPE, 2018–2022 (KILOTON)
          TABLE 27 AUTOMOTIVE COATING MARKET, BY VEHICLE TYPE, 2023–2028 (KILOTON)
    7.2 PASSENGER CARS 
           7.2.1 CONSUMER DEMAND FOR PERSONALIZED TRANSPORTATION FUEL TO DRIVE MARKET
                   TABLE 28 PASSENGER CARS: AUTOMOTIVE COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                   TABLE 29 PASSENGER CARS: AUTOMOTIVE COATING MARKET, BY REGION,  2023–2028 (USD MILLION)
                   TABLE 30 PASSENGER CARS: AUTOMOTIVE COATINGS MARKET, BY REGION,  2018–2022 (KILOTON)
                   TABLE 31 PASSENGER CARS: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
    7.3 COMMERCIAL VEHICLES 
           7.3.1 RISING GLOBAL TRADE AND SURGE IN E-COMMERCE TO PROPEL DEMAND FOR COMMERCIAL VEHICLES
                    TABLE 32 COMMERCIAL VEHICLES: AUTOMOTIVE COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 33 COMMERCIAL VEHICLES: AUTOMOTIVE COATING MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 34 COMMERCIAL VEHICLES: AUTOMOTIVE COATINGS MARKET, BY REGION,  2018–2022 (KILOTON)
                    TABLE 35 COMMERCIAL VEHICLES: AUTOMOTIVE COATING MARKET, BY REGION,  2023–2028 (KILOTON)
 
8 AUTOMOTIVE COATINGS MARKET, BY RESIN TYPE (Page No. - 124)
    8.1 INTRODUCTION 
           FIGURE 40 POLYURETHANE RESIN TO DOMINATE AUTOMOTIVE COATINGS MARKET
           TABLE 36 AUTOMOTIVE COATINGS MARKET, BY RESIN TYPE, 2018–2022 (USD MILLION)
           TABLE 37 AUTOMOTIVE COATING MARKET, BY RESIN TYPE, 2023–2028 (USD MILLION)
           TABLE 38 AUTOMOTIVE COATINGS MARKET, BY RESIN TYPE, 2018–2022 (KILOTON)
           TABLE 39 AUTOMOTIVE COATING MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)
    8.2 POLYURETHANE 
           8.2.1 GOOD ELASTICITY AT LOW TEMPERATURES TO BOOST MARKET
                    TABLE 40 POLYURETHANE: AUTOMOTIVE COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 41 POLYURETHANE: AUTOMOTIVE COATING MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 42 POLYURETHANE: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 43 POLYURETHANE: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
    8.3 EPOXY 
           8.3.1 HIGH ADHESION AND RUST RESISTANCE TO DRIVE MARKET
                    TABLE 44 EPOXY: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 45 EPOXY: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 46 EPOXY: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 47 EPOXY: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
    8.4 ACRYLIC 
           8.4.1 RESISTANCE TO ABRASION AND CHEMICAL ATTACK TO FUEL MARKET
                    TABLE 48 ACRYLIC: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 49 ACRYLIC: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 50 ACRYLIC: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 51 ACRYLIC: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
    8.5 OTHER TYPES 
          TABLE 52 OTHER TYPES: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
          TABLE 53 OTHER TYPES: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (USD MILLION)
          TABLE 54 OTHER TYPES: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
          TABLE 55 OTHER TYPES: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
 
9 AUTOMOTIVE COATINGS MARKET, BY TECHNOLOGY (Page No. - 135)
    9.1 INTRODUCTION 
          FIGURE 41 SOLVENT-BASED TECHNOLOGY TO LEAD MARKET DURING FORECAST PERIOD
          TABLE 56 AUTOMOTIVE COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
          TABLE 57 AUTOMOTIVE COATING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
          TABLE 58 AUTOMOTIVE COATINGS MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
          TABLE 59 AUTOMOTIVE COATING MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
    9.2 SOLVENT-BASED 
           9.2.1 HIGH DURABILITY AND LOW SENSITIVITY TO DRIVE MARKET
                    TABLE 60 SOLVENT-BASED: AUTOMOTIVE COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 61 SOLVENT-BASED: AUTOMOTIVE COATING MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 62 SOLVENT-BASED: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 63 SOLVENT-BASED: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
    9.3 WATER-BASED 
           9.3.1 NEED FOR ECO-FRIENDLY AND LOW CLEARCOAT TO BOOST MARKET
                    TABLE 64 WATER-BASED: AUTOMOTIVE COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 65 WATER-BASED: AUTOMOTIVE COATING MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 66 WATER-BASED: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 67 WATER-BASED: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
    9.4 POWDER-BASED 
           9.4.1 ABRASION AND CORROSION RESISTANCE TO DRIVE MARKET
                    TABLE 68 POWDER-BASED: AUTOMOTIVE COATINGS MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 69 POWDER-BASED: AUTOMOTIVE COATING MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 70 POWDER-BASED: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                    TABLE 71 POWDER-BASED: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
 
10 AUTOMOTIVE COATINGS MARKET, BY COAT TYPE (Page No. - 144)
     10.1 INTRODUCTION 
             FIGURE 42 CLEARCOAT SEGMENT TO LEAD AUTOMOTIVE COATINGS MARKET
             TABLE 72 AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
             TABLE 73 AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
             TABLE 74 AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
             TABLE 75 AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
     10.2 E-COAT 
             10.2.1 SUPERIOR ADHESIVE PROPERTIES TO DRIVE MARKET
                        TABLE 76 E-COAT: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
                        TABLE 77 E-COAT: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 78 E-COAT: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                        TABLE 79 E-COAT: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
     10.3 PRIMER 
             10.3.1 PROTECTION AGAINST DEFORMATION AND CHIPPING TO BOOST MARKET
                        TABLE 80 PRIMER: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
                        TABLE 81 PRIMER: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 82 PRIMER: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                        TABLE 83 PRIMER: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
     10.4 BASECOAT 
             10.4.1 REDUCED DOWNTIME AND MAINTENANCE OF VEHICLES TO DRIVE MARKET
                        TABLE 84 BASECOAT: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
                        TABLE 85 BASECOAT: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 86 BASECOAT: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                        TABLE 87 BASECOAT: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
     10.5 CLEARCOAT 
             10.5.1 PROTECTION AGAINST SCRATCHES AND UV RAYS TO BOOST DEMAND
                        TABLE 88 CLEARCOAT: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (USD MILLION)
                        TABLE 89 CLEARCOAT: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 90 CLEARCOAT: AUTOMOTIVE COATINGS MARKET, BY REGION, 2018–2022 (KILOTON)
                        TABLE 91 CLEARCOAT: AUTOMOTIVE COATING MARKET, BY REGION, 2023–2028 (KILOTON)
 
11 AUTOMOTIVE COATINGS MARKET, BY REGION (Page No. - 155)
     11.1 INTRODUCTION 
             FIGURE 43 ASIA PACIFIC TO EMERGE AS STRATEGIC LOCATION FOR AUTOMOTIVE COATINGS MARKET
             TABLE 92 AUTOMOTIVE COATING MARKET, BY REGION, 2018–2022 (USD MILLION)
             TABLE 93 AUTOMOTIVE COATINGS MARKET, BY REGION, 2023–2028 (USD MILLION)
             TABLE 94 AUTOMOTIVE COATING MARKET, BY REGION, 2018–2022 (KILOTON)
             TABLE 95 AUTOMOTIVE COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)
     11.2 NORTH AMERICA 
             11.2.1 RECESSION IMPACT
                        FIGURE 44 NORTH AMERICA: AUTOMOTIVE COATINGS MARKET SNAPSHOT
                        TABLE 96 NORTH AMERICA: AUTOMOTIVE COATING MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 97 NORTH AMERICA: ARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 98 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2022 (KILOTON)
                        TABLE 99 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (KILOTON)
                        TABLE 100 NORTH AMERICA: MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)
                        TABLE 101 NORTH AMERICA: MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)
                        TABLE 102 NORTH AMERICA: MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)
                        TABLE 103 NORTH AMERICA: MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)
                        TABLE 104 NORTH AMERICA: MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 105 NORTH AMERICA: MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 106 NORTH AMERICA: MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 107 NORTH AMERICA: MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                        TABLE 108 NORTH AMERICA: MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                        TABLE 109 NORTH AMERICA: MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                        TABLE 110 NORTH AMERICA: MARKET, BY COAT TYPE,  2018–2022 (KILOTON)
                        TABLE 111 NORTH AMERICA: MARKET, BY COAT TYPE,  2023–2028 (KILOTON)
                        TABLE 112 NORTH AMERICA: MARKET, BY VEHICLE TYPE,  2018–2022 (USD MILLION)
                        TABLE 113 NORTH AMERICA: MARKET, BY VEHICLE TYPE,  2023–2028 (USD MILLION)
                        TABLE 114 NORTH AMERICA: MARKET, BY VEHICLE TYPE,  2018–2022 (KILOTON)
                        TABLE 115 NORTH AMERICA: MARKET, BY VEHICLE TYPE,  2023–2028 (KILOTON)
             11.2.2 US
                        11.2.2.1 Growing automotive industry to propel market
                                      TABLE 116 US: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 117 US: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 118 US: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 119 US: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.2.3 CANADA
                        11.2.3.1 Increased demand for water-based coatings in automotive refinish to drive market
                                      TABLE 120 CANADA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 121 CANADA: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 122 CANADA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 123 CANADA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.2.4 MEXICO
                        11.2.4.1 Favorable trade agreements to fuel market
                                      TABLE 124 MEXICO: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 125 MEXICO: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 126 MEXICO: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 127 MEXICO: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
     11.3 EUROPE 
             11.3.1 RECESSION IMPACT
                        FIGURE 45 EUROPE: AUTOMOTIVE COATINGS MARKET SNAPSHOT
                        TABLE 128 EUROPE: AUTOMOTIVE COATING MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                        TABLE 129 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 130 EUROPE: MARKET, BY COUNTRY, 2018–2022 (KILOTON)
                        TABLE 131 EUROPE: MARKET, BY COUNTRY, 2023–2028 (KILOTON)
                        TABLE 132 EUROPE: MARKET, BY RESIN TYPE, 2018–2022 (USD MILLION)
                        TABLE 133 EUROPE: MARKET, BY RESIN TYPE, 2023–2028 (USD MILLION)
                        TABLE 134 EUROPE: MARKET, BY RESIN TYPE, 2018–2022 (KILOTON)
                        TABLE 135 EUROPE: MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)
                        TABLE 136 EUROPE: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                        TABLE 137 EUROPE: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                        TABLE 138 EUROPE: MARKET, BY TECHNOLOGY, 2018–2022 (KILOTON)
                        TABLE 139 EUROPE: MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
                        TABLE 140 EUROPE: MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                        TABLE 141 EUROPE: MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                        TABLE 142 EUROPE: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                        TABLE 143 EUROPE: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
                        TABLE 144 EUROPE: MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
                        TABLE 145 EUROPE: MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
                        TABLE 146 EUROPE: MARKET, BY VEHICLE TYPE, 2018–2022 (KILOTON)
                        TABLE 147 EUROPE: MARKET, BY VEHICLE TYPE, 2023–2028 (KILOTON)
             11.3.2 GERMANY
                        11.3.2.1 Presence of major distribution channels to increase demand for automotive coatings
                                      TABLE 148 GERMANY: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 149 GERMANY: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 150 GERMANY: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 151 GERMANY: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.3.3 UK
                        11.3.3.1 Sustainable investment in automotive R&D to drive market
                                      TABLE 152 UK: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 153 UK: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 154 UK: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 155 UK: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.3.4 FRANCE
                        11.3.4.1 Government initiatives and technological advancements to drive market
                                      TABLE 156 FRANCE: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 157 FRANCE: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 158 FRANCE: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 159 FRANCE: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.3.5 RUSSIA
                        11.3.5.1 Presence of large oil reserves to boost market
                                      TABLE 160 RUSSIA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 161 RUSSIA: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 162 RUSSIA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 163 RUSSIA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.3.6 SPAIN
                        11.3.6.1 New investments and sustainable approaches to drive market
                                      TABLE 164 SPAIN: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 165 SPAIN: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 166 SPAIN: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 167 SPAIN: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.3.7 ITALY
                        11.3.7.1 High disposable income and rising FII investments to fuel market
                                      TABLE 168 ITALY: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 169 ITALY: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 170 ITALY: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 171 ITALY: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.3.8 TURKEY
                        11.3.8.1 New manufacturing facilities to boost demand for automotive coatings
                                      TABLE 172 TURKEY: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 173 TURKEY: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 174 TURKEY: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 175 TURKEY: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.3.9 REST OF EUROPE
                        TABLE 176 REST OF EUROPE: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                        TABLE 177 REST OF EUROPE: AUTOMOTIVE COATING MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                        TABLE 178 REST OF EUROPE: MARKET, BY COAT TYPE,  2018–2022 (KILOTON)
                        TABLE 179 REST OF EUROPE: MARKET, BY COAT TYPE,  2023–2028 (KILOTON)
     11.4 ASIA PACIFIC 
             11.4.1 RECESSION IMPACT
                        FIGURE 46 ASIA PACIFIC: AUTOMOTIVE COATINGS MARKET SNAPSHOT
                        TABLE 180 ASIA PACIFIC: AUTOMOTIVE COATING MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 181 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 182 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2022 (KILOTON)
                        TABLE 183 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (KILOTON)
                        TABLE 184 ASIA PACIFIC: MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)
                        TABLE 185 ASIA PACIFIC: MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)
                        TABLE 186 ASIA PACIFIC: MARKET, BY RESIN TYPE, 2018–2022 (KILOTON)
                        TABLE 187 ASIA PACIFIC: MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)
                        TABLE 188 ASIA PACIFIC: MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 189 ASIA PACIFIC: MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 190 ASIA PACIFIC: MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 191 ASIA PACIFIC: MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                        TABLE 192 ASIA PACIFIC: MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                        TABLE 193 ASIA PACIFIC: MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                        TABLE 194 ASIA PACIFIC: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                        TABLE 195 ASIA PACIFIC: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
                        TABLE 196 ASIA PACIFIC: MARKET, BY VEHICLE TYPE,  2018–2022 (USD MILLION)
                        TABLE 197 ASIA PACIFIC: MARKET, BY VEHICLE TYPE,  2023–2028 (USD MILLION)
                        TABLE 198 ASIA PACIFIC: MARKET, BY VEHICLE TYPE,  2018–2022 (KILOTON)
                        TABLE 199 ASIA PACIFIC: MARKET, BY VEHICLE TYPE,  2023–2028 (KILOTON)
             11.4.2 CHINA
                        11.4.2.1 Significant investments by global manufacturers to boost market
                                      TABLE 200 CHINA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 201 CHINA: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 202 CHINA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 203 CHINA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.4.3 JAPAN
                        11.4.3.1 Well-established automobile industry to drive market
                                      TABLE 204 JAPAN: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 205 JAPAN: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 206 JAPAN: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 207 JAPAN: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.4.4 SOUTH KOREA
                        11.4.4.1 Technology-driven economy approach to boost demand for automotive coatings
                                      TABLE 208 SOUTH KOREA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 209 SOUTH KOREA: AUTOMOTIVE COATING MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                                      TABLE 210 SOUTH KOREA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 211 SOUTH KOREA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.4.5 INDIA
                        11.4.5.1 Rapid economic growth and increasing disposable income to drive market
                                      TABLE 212 INDIA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 213 INDIA: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 214 INDIA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 215 INDIA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.4.6 THAILAND
                        11.4.6.1 High-capacity automobile production to drive market
                                      TABLE 216 THAILAND: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 217 THAILAND: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 218 THAILAND: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 219 THAILAND: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.4.7 INDONESIA
                        11.4.7.1 Effective government policies and presence of global players to drive market
                                      TABLE 220 INDONESIA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 221 INDONESIA: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 222 INDONESIA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 223 INDONESIA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.4.8 MALAYSIA
                        11.4.8.1 Manufacture of superior-quality products to boost market
                                      TABLE 224 MALAYSIA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 225 MALAYSIA: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 226 MALAYSIA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 227 MALAYSIA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.4.9 REST OF ASIA PACIFIC
                        TABLE 228 REST OF ASIA PACIFIC: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                        TABLE 229 REST OF ASIA PACIFIC: AUTOMOTIVE COATING MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                        TABLE 230 REST OF ASIA PACIFIC: MARKET, BY COAT TYPE,  2018–2022 (KILOTON)
                        TABLE 231 REST OF ASIA PACIFIC: MARKET, BY COAT TYPE,  2023–2028 (KILOTON)
     11.5 SOUTH AMERICA 
             11.5.1 RECESSION IMPACT
                        FIGURE 47 BRAZIL TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD
                        TABLE 232 SOUTH AMERICA: AUTOMOTIVE COATINGS MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 233 SOUTH AMERICA: AUTOMOTIVE COATING MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 234 SOUTH AMERICA: MARKET, BY COUNTRY, 2018–2022 (KILOTON)
                        TABLE 235 SOUTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (KILOTON)
                        TABLE 236 SOUTH AMERICA: MARKET, BY RESIN TYPE, 2018–2022 (USD MILLION)
                        TABLE 237 SOUTH AMERICA: MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)
                        TABLE 238 SOUTH AMERICA: MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)
                        TABLE 239 SOUTH AMERICA: MARKET, BY RESIN TYPE,  2023–2028 (KILOTON)
                        TABLE 240 SOUTH AMERICA: MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 241 SOUTH AMERICA: MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 242 SOUTH AMERICA: MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 243 SOUTH AMERICA: MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                        TABLE 244 SOUTH AMERICA: MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                        TABLE 245 SOUTH AMERICA: MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                        TABLE 246 SOUTH AMERICA: MARKET, BY COAT TYPE,  2018–2022 (KILOTON)
                        TABLE 247 SOUTH AMERICA: MARKET, BY COAT TYPE,  2023–2028 (KILOTON)
                        TABLE 248 SOUTH AMERICA: MARKET, BY VEHICLE TYPE,  2018–2022 (USD MILLION)
                        TABLE 249 SOUTH AMERICA: MARKET, BY VEHICLE TYPE,  2023–2028 (USD MILLION)
                        TABLE 250 SOUTH AMERICA: MARKET, BY VEHICLE TYPE, 2018–2022 (KILOTON)
                        TABLE 251 SOUTH AMERICA: MARKET, BY VEHICLE TYPE,  2023–2028 (KILOTON)
             11.5.2 BRAZIL
                        11.5.2.1 Expansion of production capacity and established distribution channels to propel market
                                      TABLE 252 BRAZIL: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 253 BRAZIL: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 254 BRAZIL: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 255 BRAZIL: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.5.3 ARGENTINA
                        11.5.3.1 High vehicle production to boost demand for automotive coatings
                                      TABLE 256 ARGENTINA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                                      TABLE 257 ARGENTINA: AUTOMOTIVE COATING MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                                      TABLE 258 ARGENTINA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 259 ARGENTINA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.5.4 REST OF SOUTH AMERICA
                        TABLE 260 REST OF SOUTH AMERICA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                        TABLE 261 REST OF SOUTH AMERICA: AUTOMOTIVE COATING MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                        TABLE 262 REST OF SOUTH AMERICA: MARKET, BY COAT TYPE,  2018–2022 (KILOTON)
                        TABLE 263 REST OF SOUTH AMERICA: MARKET, BY COAT TYPE,  2023–2028 (KILOTON)
     11.6 MIDDLE EAST & AFRICA 
             11.6.1 RECESSION IMPACT
                        FIGURE 48 SOUTH AFRICA TO RECORD FASTEST GROWTH DURING FORECAST PERIOD
                        TABLE 264 MIDDLE EAST & AFRICA: AUTOMOTIVE COATINGS MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 265 MIDDLE EAST & AFRICA: AUTOMOTIVE COATING MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 266 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY,  2018–2022 (KILOTON)
                        TABLE 267 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY,  2023–2028 (KILOTON)
                        TABLE 268 MIDDLE EAST & AFRICA: MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)
                        TABLE 269 MIDDLE EAST & AFRICA: MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)
                        TABLE 270 MIDDLE EAST & AFRICA: MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)
                        TABLE 271 MIDDLE EAST & AFRICA: MARKET, BY RESIN TYPE,  2023–2028 (KILOTON)
                        TABLE 272 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY,  2018–2022 (USD MILLION)
                        TABLE 273 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                        TABLE 274 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY,  2018–2022 (KILOTON)
                        TABLE 275 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                        TABLE 276 MIDDLE EAST & AFRICA: MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                        TABLE 277 MIDDLE EAST & AFRICA: MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                        TABLE 278 MIDDLE EAST & AFRICA: MARKET, BY COAT TYPE,  2018–2022 (KILOTON)
                        TABLE 279 MIDDLE EAST & AFRICA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
                        TABLE 280 MIDDLE EAST & AFRICA: MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
                        TABLE 281 MIDDLE EAST & AFRICA: MARKET, BY VEHICLE TYPE,  2023–2028 (USD MILLION)
                        TABLE 282 MIDDLE EAST & AFRICA: MARKET, BY VEHICLE TYPE,  2018–2022 (KILOTON)
                        TABLE 283 MIDDLE EAST & AFRICA: MARKET, BY VEHICLE TYPE,  2023–2028 (KILOTON)
             11.6.2 SOUTH AFRICA
                        11.6.2.1 Growth of various manufacturing industries to drive market
                                      TABLE 284 SOUTH AFRICA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE,  2018–2022 (USD MILLION)
                                      TABLE 285 SOUTH AFRICA: AUTOMOTIVE COATING MARKET, BY COAT TYPE,  2023–2028 (USD MILLION)
                                      TABLE 286 SOUTH AFRICA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 287 SOUTH AFRICA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.6.3 MOROCCO
                        11.6.3.1 Increasing foreign investments to drive market
                                      TABLE 288 MOROCCO: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                                      TABLE 289 MOROCCO: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                                      TABLE 290 MOROCCO: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                                      TABLE 291 MOROCCO: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
             11.6.4 REST OF MIDDLE EAST & AFRICA
                        TABLE 292 REST OF MIDDLE EAST & AFRICA: AUTOMOTIVE COATINGS MARKET, BY COAT TYPE, 2018–2022 (USD MILLION)
                        TABLE 293 REST OF MIDDLE EAST & AFRICA: AUTOMOTIVE COATING MARKET, BY COAT TYPE, 2023–2028 (USD MILLION)
                        TABLE 294 REST OF MIDDLE EAST & AFRICA: MARKET, BY COAT TYPE, 2018–2022 (KILOTON)
                        TABLE 295 REST OF MIDDLE EAST & AFRICA: MARKET, BY COAT TYPE, 2023–2028 (KILOTON)
 
12 COMPETITIVE LANDSCAPE (Page No. - 235)
     12.1 KEY PLAYER STRATEGIES 
             12.1.1 STRATEGIES ADOPTED BY KEY PLAYERS
                        TABLE 296 OVERVIEW OF STRATEGIES ADOPTED BY KEY AUTOMOTIVE COATING PLAYERS (2018–2023)
     12.2 MARKET SHARE ANALYSIS 
             FIGURE 49 MARKET SHARE ANALYSIS, BY KEY PLAYERS (2022)
             TABLE 297 AUTOMOTIVE COATINGS MARKET: DEGREE OF COMPETITION, 2022
     12.3 REVENUE ANALYSIS 
             FIGURE 50 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022
     12.4 MARKET RANKING ANALYSIS 
             FIGURE 51 MARKET RANKING ANALYSIS, 2022
     12.5 COMPANY EVALUATION MATRIX 
             12.5.1 STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
                        FIGURE 52 AUTOMOTIVE COATINGS MARKET: COMPANY EVALUATION  MATRIX, 2022
             12.5.5 COMPANY FOOTPRINT
                        FIGURE 53 PRODUCT FOOTPRINT (25 COMPANIES)
                        TABLE 298 APPLICATION FOOTPRINT (25 COMPANIES)
                        TABLE 299 REGION FOOTPRINT (25 COMPANIES)
                        TABLE 300 COMPANY OVERALL FOOTPRINT (25 COMPANIES)
     12.6 START-UP/SME EVALUATION MATRIX 
             12.6.1 PROGRESSIVE COMPANIES
             12.6.2 RESPONSIVE COMPANIES
             12.6.3 DYNAMIC COMPANIES
             12.6.4 STARTING BLOCKS
                        FIGURE 54 AUTOMOTIVE COATINGS MARKET: START-UP/SME EVALUATION MATRIX, 2022
             12.6.5 COMPETITIVE BENCHMARKING
                        TABLE 301 AUTOMOTIVE COATING MARKET: KEY START-UPS/SMES
                        TABLE 302 AUTOMOTIVE COATINGS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [START-UPS/SMES]
     12.7 COMPETITIVE SCENARIO AND TRENDS 
             12.7.1 AUTOMOTIVE COATING MARKET: PRODUCT LAUNCHES
                        TABLE 303 AUTOMOTIVE COATINGS MARKET:  PRODUCT LAUNCHES, 2018–2023
             12.7.2 AUTOMOTIVE COATING MARKET: DEALS
                        TABLE 304 AUTOMOTIVE COATINGS MARKET: DEALS, 2018–2023
             12.7.3 AUTOMOTIVE COATING MARKET: OTHER DEVELOPMENTS
                        TABLE 305 AUTOMOTIVE COATINGS MARKET: OTHER DEVELOPMENTS, 2018–2023
 
13 COMPANY PROFILES (Page No. - 256)
(Business Overview, Products/Services/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
     13.1 KEY PLAYERS 
             13.1.1 PPG INDUSTRIES, INC.
                        TABLE 306 PPG INDUSTRIES, INC.: COMPANY OVERVIEW
                        FIGURE 55 PPG INDUSTRIES, INC.: COMPANY SNAPSHOT
                        TABLE 307 PPG INDUSTRIES, INC.: PRODUCT LAUNCHES
                        TABLE 308 PPG INDUSTRIES, INC.: DEALS
                        TABLE 309 PPG INDUSTRIES, INC.: OTHER DEVELOPMENTS
             13.1.2 BASF SE
                        TABLE 310 BASF SE.: COMPANY OVERVIEW
                        FIGURE 56 BASF SE: COMPANY SNAPSHOT
                        TABLE 311 BASF SE: DEALS
                        TABLE 312 BASF SE: OTHERS
             13.1.3 AXALTA COATING SYSTEMS
                        TABLE 313 AXALTA COATING SYSTEMS: COMPANY OVERVIEW
                        FIGURE 57 AXALTA COATING SYSTEMS: COMPANY SNAPSHOT
                        TABLE 314 AXALTA COATING SYSTEMS: PRODUCT LAUNCHES
                        TABLE 315 AXALTA COATING SYSTEMS: DEALS
                        TABLE 316 AXALTA COATING SYSTEMS: OTHER DEVELOPMENTS
             13.1.4 KANSAI PAINT CO., LTD
                        TABLE 317 KANSAI PAINT CO., LTD.: COMPANY OVERVIEW
                        FIGURE 58 KANSAI PAINT CO., LTD.: COMPANY SNAPSHOT
                        TABLE 318 KANSAI PAINT CO., LTD.: DEALS
             13.1.5 NIPPON PAINT HOLDINGS CO., LTD.
                        TABLE 319 NIPPON PAINT HOLDINGS CO., LTD.: COMPANY OVERVIEW
                        FIGURE 59 NIPPON PAINT HOLDINGS CO., LTD.: COMPANY SNAPSHOT
             13.1.6 KCC CORPORATION
                        TABLE 320 KCC CORPORATION: COMPANY OVERVIEW
                        FIGURE 60 KCC CORPORATION: COMPANY SNAPSHOT
             13.1.7 THE SHERWIN-WILLIAMS COMPANY
                        TABLE 321 THE SHERWIN-WILLIAMS COMPANY: COMPANY OVERVIEW
                        FIGURE 61 THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT
                        TABLE 322 THE SHERWIN-WILLIAMS COMPANY: PRODUCT LAUNCHES
                        TABLE 323 THE SHERWIN WILLIAMS COMPANY: DEALS
             13.1.8 AKZO NOBEL N.V.
                        TABLE 324 AKZO NOBEL N.V.: COMPANY OVERVIEW
                        FIGURE 62 AKZO NOBEL N.V.: COMPANY SNAPSHOT
                        TABLE 325 AKZO NOBEL N.V.: DEALS
             13.1.9 JOTUN A/S
                        TABLE 326 JOTUN A/S: COMPANY OVERVIEW
                        FIGURE 63 JOTUN A/S: COMPANY SNAPSHOT
                        TABLE 327 JOTUN A/S: OTHER DEVELOPMENTS
             13.1.10 RPM INTERNATIONAL
                        TABLE 328 RPM INTERNATIONAL INC.: COMPANY OVERVIEW
                        FIGURE 64 RPM INTERNATIONAL: COMPANY SNAPSHOT
                        TABLE 329 RPM INTERNATIONAL INC.: DEALS
                        TABLE 330 RPM INTERNATIONAL INC.: OTHER DEVELOPMENTS
     13.2 OTHER COMPANIES 
             13.2.1 US PAINTS
                        TABLE 331 US PAINTS: BUSINESS OVERVIEW
             13.2.2 ASIAN PAINTS LTD.
                        TABLE 332 ASIAN PAINTS LTD.: BUSINESS OVERVIEW
             13.2.3 BERGER PAINTS INDIA LTD.
                        TABLE 333 BERGER PAINTS INDIA LTD.: BUSINESS OVERVIEW
             13.2.4 BECKERS GROUP
                        TABLE 334 BECKERS GROUP: BUSINESS OVERVIEW
             13.2.5 SHANGHAI KINLITA CHEMICAL CO., LTD.
                        TABLE 335 SHANGHAI KINLITA CHEMICAL CO., LTD.: BUSINESS OVERVIEW
             13.2.6 KAPCI COATINGS
                        TABLE 336 KAPCI COATINGS: BUSINESS OVERVIEW
             13.2.7 NATIONAL PAINTS FACTORIES CO. LTD.
                        TABLE 337 NATIONAL PAINTS FACTORIES CO. LTD.: BUSINESS OVERVIEW
             13.2.8 RED SPOT PAINT AND VARNISH CO., INC.
                        TABLE 338 RED SPOT PAINT AND VARNISH CO., INC.: BUSINESS OVERVIEW
             13.2.9 CONCEPT PAINTS
                        TABLE 339 CONCEPT PAINTS: BUSINESS OVERVIEW
             13.2.10 GUANGZHOU ZHENROUMEI CHEMICAL COATINGS LIMITED
                        TABLE 340 GUANGZHOU ZHENROUMEI CHEMICAL COATINGS LIMITED: BUSINESS OVERVIEW
             13.2.11 QINGYUAN BAOHONG PAINT CO., LTD.
                        TABLE 341 QINGYUAN BAOHONG PAINT CO., LTD.: BUSINESS OVERVIEW
             13.2.12 WEG S.A.
                        TABLE 342 WEG S.A.: BUSINESS OVERVIEW
             13.2.13 TITAN COATINGS INTERNATIONAL
                        TABLE 343 TITAN COATINGS INTERNATIONAL: BUSINESS OVERVIEW
             13.2.14 APV ENGINEERED COATINGS
                        TABLE 344 APV ENGINEERED COATINGS: BUSINESS OVERVIEW
             13.2.15 GRAND POLYCOATS
                        TABLE 345 GRAND POLYCOATS: BUSINESS OVERVIEW
 
*Details on Business Overview, Products/Services/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
 
14 ADJACENT AND RELATED MARKETS (Page No. - 312)
     14.1 INTRODUCTION 
     14.2 MARKET LIMITATIONS 
     14.3 PAINTS & COATINGS MARKET DEFINITION 
             14.3.1 PAINTS & COATINGS MARKET OVERVIEW
             14.3.2 PAINTS & COATINGS MARKET, BY TECHNOLOGY
                        TABLE 346 INDUSTRIAL: PAINTS & COATINGS MARKET, BY TECHNOLOGY,  2017–2020 (USD MILLION)
                        TABLE 347 INDUSTRIAL: PAINTS & COATINGS MARKET, BY TECHNOLOGY,  2021–2027 (USD MILLION)
                        TABLE 348 INDUSTRIAL: PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2017–2020 (KILOTON)
                        TABLE 349 INDUSTRIAL: PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2021–2027 (KILOTON)
                        TABLE 350 DECORATIVE: PAINTS & COATINGS MARKET, BY TECHNOLOGY,  2017–2020 (USD MILLION)
                        TABLE 351 DECORATIVE: PAINTS & COATINGS MARKET, BY TECHNOLOGY,  2021–2027 (USD MILLION)
                        TABLE 352 DECORATIVE: PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2017–2020 (KILOTON)
                        TABLE 353 DECORATIVE: PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2021–2027 (KILOTON)
             14.3.3 PAINTS & COATINGS MARKET, BY RESIN TYPE
                        TABLE 354 PAINTS & COATINGS MARKET, BY RESIN TYPE, 2017–2020 (USD MILLION)
                        TABLE 355 PAINTS & COATINGS MARKET, BY RESIN TYPE, 2021–2027 (USD MILLION)
                        TABLE 356 PAINTS & COATINGS MARKET, BY RESIN TYPE, 2017–2020 (KILOTON)
                        TABLE 357 PAINTS & COATINGS MARKET, BY RESIN TYPE, 2021–2027 (KILOTON)
                        TABLE 358 DECORATIVE PAINTS & COATINGS MARKET, BY RESIN TYPE, 2017–2020 (USD MILLION)
                        TABLE 359 DECORATIVE PAINTS & COATINGS MARKET, BY RESIN TYPE, 2021–2027 (USD MILLION)
                        TABLE 360 DECORATIVE PAINTS & COATINGS MARKET, BY RESIN TYPE, 2017–2020 (KILOTON)
                        TABLE 361 DECORATIVE PAINTS & COATINGS MARKET, BY RESIN TYPE, 2021–2027 (KILOTON)
                        TABLE 362 INDUSTRIAL PAINTS & COATINGS MARKET, BY RESIN TYPE, 2017–2020 (USD MILLION)
                        TABLE 363 INDUSTRIAL PAINTS & COATINGS MARKET, BY RESIN TYPE, 2021–2027 (USD MILLION)
                        TABLE 364 INDUSTRIAL PAINTS & COATINGS MARKET, BY RESIN TYPE, 2017–2020 (KILOTON)
                        TABLE 365 INDUSTRIAL PAINTS & COATINGS MARKET, BY RESIN TYPE, 2021–2027 (KILOTON)
             14.3.4 PAINTS & COATINGS MARKET, BY END-USE INDUSTRY
                        TABLE 366 PAINTS & COATINGS MARKET, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
                        TABLE 367 PAINTS & COATINGS MARKET, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)
                        TABLE 368 PAINTS & COATINGS MARKET, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
                        TABLE 369 PAINTS & COATINGS MARKET, BY END-USE INDUSTRY, 2021–2027 (KILOTON)
             14.3.5 PAINTS & COATINGS MARKET, BY REGION
                        TABLE 370 PAINTS & COATINGS MARKET, BY REGION, 2017–2020 (USD MILLION)
                        TABLE 371 PAINTS & COATINGS MARKET, BY REGION, 2021–2027 (USD MILLION)
                        TABLE 372 PAINTS & COATINGS MARKET, BY REGION, 2017–2020 (KILOTON)
                        TABLE 373 PAINTS & COATINGS MARKET, BY REGION, 2021–2027 (KILOTON)
 
15 APPENDIX (Page No. - 323)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATION OPTIONS 
     15.4 RELATED REPORTS 
     15.5 AUTHOR DETAILS 

The study involved four major activities in order to estimating the current size of the automotive coatings market. Exhaustive secondary research conducted to gather information on the market. The next step was to conduct primary research to validate these findings, assumptions, and sizing with the industry experts across the value chain. Both top-down and bottom-up approaches were used to estimate the total market size. The market size of segments and subsegments was then estimated using market breakdown and data triangulation.

Secondary Research

Secondary sources include annual reports of companies, press releases, investor presentations, white papers, articles by recognized authors, and databases, such as D&B, Bloomberg, Chemical Weekly, and Factiva; and publications and databases from associations, including International Organization of Motor Vehicle Manufacturers (OICA), Bureau of Transportation Statistics, European Automobile Manufacturers’ Association, and American Coating Association.

Primary Research

Extensive primary research was carried out after gathering information about automotive coatings market through secondary research. In the primary research process, experts from the supply and demand sides have been interviewed to obtain qualitative and quantitative information and validate the data for this report. Questionnaires, emails, and telephonic interviews were used to collect primary data. Primary sources from the supply side include industry experts, such as chief executive officers (CEOs), vice presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the automotive coatings market. Primary interviews were conducted to elicit information such as market statistics, revenue data collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also assisted in comprehending the various trends associated to resin type, vehicle type, coat type, technology, and region.

The breakup of Primary Research:

Atomotive Coatings Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Company Name

 Designation

 

PPg Industries, Inc

Sales Manager

Basf SE

Project Manager

Akzo Nobel N.V.

Individual Industry Expert

Axalta Coating Syatems

Manager

Market Size Estimation

The following information is part of the research methodology used to estimate the size of the automotive coatings market. The market sizing of the automotive coatings market was undertaken from the demand side. The market size was estimated based on market size for automotive coatings in various technology.

Global Automotive Coatings Market Size: Bottom Up Approach

Atomotive Coatings Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global Automotive Coatings Market Size: Top-Down Approach

Atomotive Coatings Market Size, and Share

Data Triangulation

After arriving at the overall market size, the market has been split into several segments.To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Market Definition

Automotive coatings are applied to vehicles to enhance aesthetic appeal and provide a polished finish, to protect the vehicle's surfaces from environmental factors such as UV radiation, corrosion, and abrasion; and third, to ensure the durability and longevity of the vehicle's appearance in diverse and challenging conditions.

Key Stakeholders

  • End User
  • Raw Material Suppliers
  • Senior Management
  • Procurement Department

Report Objectives

  • To define, describe, segment, and forecast the size of the automotive coatings market based on  resin type, technology, coat type, Vehicle type, and region.
  • To forecast the market size of segments with respect to various regions, including North America, Europe, Asia Pacific, middle east & Africa and South America along with major countries in each region
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the automotive coatings market
  • To analyze technological advancements and product launches in the market
  • To strategically analyze micromarkets, with respect to their growth trends, prospects, and their contribution to the market
  • To identify financial positions, key products, and key developments of leading companies in the market
  • To provide a detailed competitive landscape of the market, along with market share analysis
  • To provide a comprehensive analysis of business and corporate strategies adopted by the key players in the market
  • To strategically profile key players in the market and comprehensively analyze their core competencies

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Additional country-level analysis of the automotive coatings market
  • Profiling of additional market players (up to 5)

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company in the automotive coatings Market
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
CH 4570
Published ON
Nov, 2023
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