HOME Top Market Reports Automotive Paints Market by Type (E-coat, Primer, Basecoat, Clearcoat), Resin (PU, Epoxy, Acrylic), Technology (Solvent, Water, Powder), Paint Equipment (Airless, Electrostatic), Texture, Content, ICE & EVs, Refinish, and Region - Global Forecast to 2025

Automotive Paints Market by Type (E-coat, Primer, Basecoat, Clearcoat), Resin (PU, Epoxy, Acrylic), Technology (Solvent, Water, Powder), Paint Equipment (Airless, Electrostatic), Texture, Content, ICE & EVs, Refinish, and Region - Global Forecast to 2025

By: marketsandmarkets.com
Publishing Date: April 2018
Report Code: AT 2118

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The automotive paints industry has evolved along with the automotive industry. The demand for automotive paints market and advancements in the paint technology are largely influenced by factors such as the demand trends in the automotive industry, environmental regulations, health & safety norms, buyers’ preferences, lifestyle, and growing economy. The global automotive paints market is estimated to be USD 8.46 Billion in 2017 and is projected to reach USD 10.65 Billion by 2025, at a CAGR of 2.88%, during the forecast period.

Years considered for this report:

  • 2017 – Base Year
  • 2018 – Estimated Year
  • 2018 – 2025 – Forecast Period

Objectives of the study:

  • To define, analyze, segment, and forecast the global automotive paints market (2015–2025), in terms of volume (million gallons) and value (USD million)
  • To segment and forecast the automotive paints market size, by value and volume, by paints technology
  • To segment and forecast the market for automotive paints, by value and volume, by paint type
  • To segment the market for automotive paints and forecast the market size, by value and volume, by resin type
  • To segment the automotive paints market and forecast the market size, by volume, by painting equipment
  • To segment the automotive paints market and forecast the market size, by value and volume, by texture
  • To segment the market for automotive paints and forecast the market size, by value and volume, by vehicle type
  • To segment the market for automotive paints and forecast the market size, by value and volume, by electric and hybrid vehicle type
  • To segment the market for automotive paints and forecast the market size, by volume, by contents
  • To segment the market for automotive refinish coatings and forecast the market size, by value and volume, by resin type
  • To segment the market for automotive paints and forecast the market size, by value and volume, by region
  • To identify the market dynamics and analyze their impact on the global automotive paints market

The research methodology used in the report involves various secondary sources, including industry associations such as American Coatings Association (ACA), British Coatings Federation (BCF), and The International Council on Clean Transportation (ICCT) as well as paid databases and directories such as Factiva and Hoovers. Experts from related industries have been interviewed to understand the future trends of the automotive paints market.

A bottom-up approach was used to estimate and validate the size of the global market and to estimate the size of various other dependent submarkets in the overall automotive paints market. The market size, by volume, of the automotive paints market, has been derived by identifying the country-wise vehicle production and the amount of paint required per vehicle type. The total OE paint market is then further segmented by paint type, technology, and content.

Automotive refinish paints market is derived through top-down approach. Global automotive refinish paints market, by value, is derived through secondary sources such as investor presentations and annual reports by PPG, Axalta, and AkzoNobel. The market was further segmented by region and resin type.

The below figure shows the break-up of the profiles of industry experts who participated in the primary discussions.

Automotive Paints Market

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

Major manufacturers in the Automotive paints market include PPG (US), Axalta (US), AkzoNobel (Netherlands), BASF (Germany), Sherwin Williams (US), Valspar (US), Solvay (Belgium), DOW Chemical (US), 3M (US), and KCC (South Korea).

Target Audience

  • Manufacturers of various types of automotive paints
  • Raw material suppliers to automotive paint manufacturers
  • Manufacturers of automotive coating technologies
  • Dealers and distributors of automotive paints
  • Automotive Original Equipment Manufacturers (OEMs)
  • Automobile industry as an end-user industry
  • Regional manufacturer associations and automobile associations

Scope of the Report

  • By Paint type
    • Electrocoat
    • Primer
    • Basecoat
    • Clearcoat
  • By Technology type
    • Solvent borne
    • Waterborne
    • Powder Coating
  • By Resin type
    • Polyurethane
    • Epoxy
    • Acrylic
    • Other Resins
  • By Texture type
    • Solid
    • Metallic
    • Matte
    • Pearlescent
    • Solar reflective
  • By Electric & Hybrid Vehicle type
    • HEV
    • PHEV
    • BEV
  • By Vehicle type
    • Passenger Car
    • LCV
    • HCV
  • By Content type
    • (Water, Petroleum-based solvents, Resins and Binders, Silicone Polymers, Pigments and Colorants, and Other additives)
    • E-coat
    • Solvent-Borne Basecoat
    • Solvent-Borne Clearcoat
    • Waterborne Basecoat  
    • Waterborne Clearcoat
  • By Refinish paints
    • Polyurethane
    • Epoxy
    • Acrylic
    • Other Resins
  • By Painting Equipment
    • Airless Spray Gun
    • Electrostatic Spray Gun
  • By Region
    • North America
    • Asia Oceania
    • Europe
    • RoW

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance to company-specific needs.

  1. Automotive Paint OE Market, By Vehicle Type & Country.
    • Passenger car
    • LCV
    • HCV
  2. Automotive Electric & Hybrid Paint Market, By Country & Vehicle Type
    • Battery electric vehicle
    • HEV
    • PHEV
  3. Automotive Refinish Paints Market, By Paint Type
    • Primer
    • Basecoat
    • Clearcoat
  4. Automotive Paints Market, By Technology
    • Primer
    • Clearcoat
  5. Automotive Paints Market for Autonomous Car

Note: This market will be covered at country level and countries are as follows.

(US, Canada, Mexico, Germany, France, Italy, Spain, Europe Others, China, India, Japan, South Korea and Asia Oceania Others, Brazil, Russia, South Africa and RoW Others)

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
    2.3 Primary Data
    2.4 Factor Analysis
           2.4.1 Introduction
           2.4.2 Demand-Side Analysis
                    2.4.2.1 Increasing Vehicle Production
                    2.4.2.2 Changing Consumer Preferences Shaping the Refinish Market
           2.4.3 Supply-Side Analysis
                    2.4.3.1 Advancements in Paint Technologies
    2.5 Market Size Estimation
           2.5.1 Bottom-Up Approach
           2.5.2 Top-Down Approach
    2.6 Market Breakdown & Data Triangulation
    2.7 Assumptions

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 43)
    4.1 Attractive Opportunities in the Automotive Paints Market (2016–2025)
    4.2 Automotive Paint Market, By Paint Type
    4.3 Automotive Paints Market, By Technology
    4.4 Automotive Paint Market, By Resin Type
    4.5 Automotive Paints Market, By Texture
    4.6 Automotive Paint Market, By Vehicle Type
    4.7 Automotive Paints Market, By Content
    4.8 Automotive Paint Market, By Electric & Hybrid Vehicle Type
    4.9 Automotive Paints Market, By Region
    4.10 Automotive Refinish Paints Market, By Resin Type
    4.11 Automotive Paint Market, By Painting Equipment Type
    4.12 Automotive Paints Market, By Channel

5 Market Overview (Page No. - 51)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Stringent Emission Regulations and Environmental Concerns for Paint Manufacturing Process to Enhance the Market for Eco-Friendly Paints
                    5.2.1.2 Increasing Reach of Organized Players in the Refinish Market to Drive the Automotive Refinish Market
           5.2.2 Restraints
                    5.2.2.1 Advancements in Automotive Safety Technologies Reduce Accidents, Thus Restricting the Refinish Market
           5.2.3 Opportunity
                    5.2.3.1 Innovative Paint Technologies to Create Opportunities for Paint Manufacturers
                    5.2.3.2 Powder Coating to Create New Opportunities Owing to Growth in Demand for Premium and Ultra-Premium Cars
           5.2.4 Challenges
                    5.2.4.1 Reducing Paint Wastage During the Paint Production
                    5.2.4.2 Rapid Change in Consumer Preferences is A Big Challenge for Automotive Paint Manufacturers
           5.2.5 Macro Indicators
                    5.2.5.1 Introduction
                    5.2.5.2 Premium Vehicle Sales as A Percentage of Total Sales
                    5.2.5.3 GDP (USD Billion)
                    5.2.5.4 GNI Per Capita, Atlas Method (USD)
                    5.2.5.5 GDP Per Capita PPP (USD)
           5.2.6 Us
           5.2.7 China
           5.2.8 Japan

6 Automotive Paints Market, By Paint Type (Page No. - 62)
Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)
    6.1 Introduction
    6.2 Electrocoat
    6.3 Primer
    6.4 Basecoat
    6.5 Clearcoat

7 Automotive Paints Market, By Technology (Page No. - 69)
Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)
    7.1 Introduction
    7.2 Solvent-Borne
    7.3 Waterborne
    7.4 Powder Coating

8 Automotive Paints Market, By Resin Type (Page No. - 76)
Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)
    8.1 Introduction
    8.2 Polyurethane
    8.3 Epoxy
    8.4 Acrylic
    8.5 Other Resins

9 Automotive Paints Market, By Texture (Page No. - 83)
Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)
    9.1 Introduction
    9.2 Solid Texture
    9.3 Metallic Texture
    9.4 Matte Finish Paints
    9.5 Pearlescent Paints
    9.6 Solar Reflective Paints

10 Automotive Paints Market, By Content (Page No. - 89)
Note: The Chapter is Segmented By Electrocoat (Water, Resin, Pigments & Addtives), Basecoat (Solventbourne- Petroleum Based Solvent, Resin & Binder, Pigment & Colorant, Silicone Polymenrs & Additives, Waterbourne - Silicone Polymenrs & Additives, Water, Resin & Binder, Petroleum Based Solvent, Pigment & Colorant) and Clearcoat (Solventbourne - Petroleum Based Solvent, Resin & Binder, Pigment & Colorant, Silicone Polymenrs & Additives , Waterbourne - Silicone Polymenrs & Additives, Water, Resin & Binder, Petroleum Based Solvent, Pigment & Colorant)
     10.1 Introduction
     10.2 Electrocoat, By Content
     10.3 Solvent-Borne Paints, By Content
     10.4 Waterborne Paints, By Content

11 Automotive Paints Market, By Painting Equipment Type (Page No. - 96)
Note: The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)
     11.1 Introduction
     11.2 Airless Spray Gun
     11.3 Electrostatic Spray Gun

12 Automotive Paints Market, By Vehicle Type (Page No. - 99)
Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)
     12.1 Introduction
     12.2 Passenger Car
     12.3 Light Commercial Vehicle
     12.4 Trucks
     12.5 Buses

13 Electric & Hybrid Vehicle Paints Market, By Region (Page No. - 107)
Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)
     13.1 Introduction
     13.2 Battery Electric Vehicle (BEV)
     13.3 Hybrid Electric Vehicle (HEV)
     13.4 Plug-In Hybrid Vehicle (PHEV)

14 Automotive Refinish Paints Market, By Resin Type (Page No. - 114)
Note: The Chapter is Further Segmented By Resin Type and Further It is Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)
     14.1 Introduction
     14.2 Polyurethane
     14.3 Epoxy
     14.4 Acrylic
     14.5 Other Resins

15 Automotive Paints Market, By Region (Page No. - 121)
Note: The Chapter is Further Segmented at Country Level and By Paint Type (Electrocoat, Primer, Basecoat and Clearcoat)
     15.1 Introduction
     15.2 North America
             15.2.1 US
             15.2.2 Mexico
             15.2.3 Canada
     15.3 Asia Oceania
             15.3.1 China
             15.3.2 Japan
             15.3.3 South Korea
             15.3.4 India
             15.3.5 Asia Oceania Others
     15.4 Europe
             15.4.1 Germany
             15.4.2 France
             15.4.3 UK
             15.4.4 Italy
             15.4.5 Spain
             15.4.6 Europe Others
     15.5 Rest of the World (RoW)
             15.5.1 Brazil
             15.5.2 Russia
             15.5.3 South Africa
             15.5.4 RoW Others

16 Competitive Landscape (Page No. - 149)
     16.1 Overview
     16.2 Automotive Paints: Market Share Analysis
             16.2.1 OEM Paint Market
             16.2.2 Refinish Paint Market
     16.3 Competitive Scenario
             16.3.1 Expansions
             16.3.2 Supply Contracts
             16.3.3 New Product Launches/Developments
             16.3.4 Partnerships/Joint Ventures
             16.3.5 Mergers/Acquisitions

17 Company Profiles (Page No. - 155)
(Overview, Product Offerings, Recent Developments, SWOT Analysis & MnM View)*
     17.1 PPG
     17.2 BASF
     17.3 Axalta
     17.4 Akzonobel
     17.5 Sherwin Williams
     17.6 Kansai
     17.7 Solvay
     17.8 Valspar
     17.9 Covestro
     17.10 3M
     17.11 DOW Chemical
     17.12 KCC
     17.13 Nippon Paint

*Details on Overview, Product Offerings, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies.

18 Appendix (Page No. - 185)
     18.1 Insights of Industry Experts
     18.2 Discussion Guide
     18.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     18.4 Introducing RT: Real-Time Market Intelligence
     18.5 Available Customizations
Note: This Market Will Be Covered at Country Level and Countries are as Follows.
(US, Canada, Mexico, Germany, France, Italy, Spain, Europe Others, China, India, Japan, South Korea and Asia Oceania Others, Brazil, Russia, South Africa and RoW Others)
             18.5.1 Automotive Paint Oe Market By Vehicle Type & Country.
                        18.5.1.1 Passenger Car
                        18.5.1.2 LCV
                        18.5.1.3 HCV
             18.5.2 Automotive Electric & Hybrid Paint Market By Country & Vehicle Type
                        18.5.2.1 Battery Electric Vehicle
                        18.5.2.2 HEV
                        18.5.2.3 PHEV
             18.5.3 Automotive Refinish Paints Market, By Paint Type
                        18.5.3.1 Primer
                        18.5.3.2 Basecoat
                        18.5.3.3 Clearcoat
             18.5.4 Automotive Paints Market, By Technology
                        18.5.4.1 Primer
                        18.5.4.2 Clearcoat
     18.6 Related Report
     18.7 Author Details


List of Tables (124 Tables)

Table 1 Currency Exchange Rates (Per USD)
Table 2 Automotive Paints Market: Research Assumptions
Table 3 Automotive Coatings Voc Content Limits
Table 4 Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 5 Automotive Paint Market, By Paint Type, 2016–2025 (USD Million)
Table 6 Electrocoat: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 7 Electrocoat: Market, By Region, 2016–2025 (USD Million)
Table 8 Primer: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 9 Primer: Market, By Region, 2016–2025 (USD Million)
Table 10 Basecoat: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 11 Basecoat: Market, By Region, 2016–2025 (USD Million)
Table 12 Clearcoat: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 13 Clearcoat: Market, By Region, 2016–2025 (USD Million)
Table 14 Automotive Paints Market, By Technology, 2016–2025 (Million Gallons)
Table 15 Automotive Paints Market, By Technology, 2016–2025 (USD Million)
Table 16 Solvent-Borne: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 17 Solvent-Borne: Automotive Solvent-Borne Paints Market, By Region, 2016–2025 (USD Million)
Table 18 Waterborne: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 19 Waterborne: Market, By Region, 2016–2025 (USD Million)
Table 20 Powder Coating: Automotive Paint Market, By Region, 2016–2025 (Million Gallons)
Table 21 Powder Coating: Market, By Region, 2016–2025 (USD Million)
Table 22 Automotive Paints Market, By Resin Type, 2016–2025 (Million Gallons)
Table 23 Automotive Paints Market, By Resin Type, 2016–2025 (USD Million)
Table 24 Polyurethane: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 25 Polyurethane: Market, By Region, 2016–2025 (USD Million)
Table 26 Epoxy: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 27 Epoxy: Market, By Region, 2016–2025 (USD Million)
Table 28 Acrylic: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 29 Acrylic: Market, By Region, 2016–2025 (USD Million)
Table 30 Other Resins: Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 31 Other Resins: Market, By Region, 2016–2025 (USD Million)
Table 32 Automotive Paints Market, By Texture Type, 2016–2025 (Million Units)
Table 33 Solid Texture: Automotive Paints Market, By Region, 2016–2025 (Million Units)
Table 34 Metallic Texture: Automotive Paints Market, By Region, 2016–2025 (Million Units)
Table 35 Matte Finish: Automotive Paints Market, By Region, 2016–2025 (Million Units)
Table 36 Pearlescent Texture: Automotive Paints Market, By Region, 2016–2025 (Million Units)
Table 37 Solar Reflective Paints: Automotive Paints Market, By Region, 2016–2025 (Million Units)
Table 38 Automotive Electrocoat Market, By Content Type, 2016–2025 (‘000 Gallons)
Table 39 Automotive Solvent-Borne Basecoat Market Size, By Content Type, 2016–2025 (‘000 Gallons)
Table 40 Automotive Solvent-Borne Clearcoat Market Size, By Content Type, 2016–2025 (‘000 Gallons)
Table 41 Automotive Waterborne Basecoat Market Size, By Content Type, 2016–2025 (‘000 Gallons)
Table 42 Automotive Waterborne Clearcoat Market Size, By Content Type, 2016–2025 (Million Gallons)
Table 43 Automotive Paints Equipment Market, By Region, 2016–2025 (Units)
Table 44 Airless Spray Gun Market, By Region, 2016–2025 (Units)
Table 45 Electrostatic Spray Gun Market, By Region, 2016–2025 (Units)
Table 46 Automotive Paints Market, By Vehicle Type, 2016–2025 (‘000 Gallons)
Table 47 Automotive Paints Market, By Vehicle Type, 2016–2025 (USD Million)
Table 48 Passenger Car: Automotive Paints Market, By Region, 2016–2025 (‘000 Gallons)
Table 49 Passenger Car: Automotive Paints Market, By Region, 2016–2025 (USD Million)
Table 50 LCV: Automotive Paints Market , By Region, 2016–2025 (‘000 Gallons)
Table 51 LCV: Market, By Region, 2016–2025 (USD Million)
Table 52 Trucks: Automotive Paints Market, By Region, 2016–2025 (‘000 Gallons)
Table 53 Trucks: Market , By Region, 2016–2025 (USD Million)
Table 54 Buses: Automotive Paints Market, By Region, 2016–2025 (‘000 Gallons)
Table 55 Bus: Automotive Paints Market, By Region, 2016–2025 (USD Million)
Table 56 Electric & Hybrid Vehicle Paints Market, By Vehicle Type, 2016–2025 (‘000 Gallons)
Table 57 Electric & Hybrid Vehicle Paints Market, By Vehicle Type, 2016–2025 (USD Million)
Table 58 BEV: Automotive Paints Market, By Region, 2016–2025 (‘000 Gallons)
Table 59 BEV: Market, By Region, 2016–2025 (USD Million)
Table 60 HEV: Automotive Paints Market, By Region, 2016–2025 (‘000 Gallons)
Table 61 HEV: Market, By Region, 2016–2025 (USD Million)
Table 62 PHEV: Automotive Paints Market, By Region, 2016–2025 (‘000 Gallons)
Table 63 PHEV: Market, By Region, 2016–2025 (USD Million)
Table 64 Automotive Refinish Paints Market, By Resin Type, 2016–2025 (Million Gallons)
Table 65 Automotive Refinish Paints Market, By Resin Type, 2016–2025 (USD Million)
Table 66 Polyurethane: Automotive Refinish Paints Market, By Region, 2016–2025 (Million Gallons)
Table 67 Polyurethane: Automotive Refinish Paints Market, By Region, 2016–2025 (USD Million)
Table 68 Epoxy: Automotive Refinish Paints Market, By Region, 2016–2025 (Million Gallons)
Table 69 Epoxy: Automotive Refinish Paints Market, By Region, 2016–2025 (USD Million)
Table 70 Acrylic: Automotive Refinish Paints Market, By Region, 2016–2025 (Million Gallons)
Table 71 Acrylic: Automotive Refinish Paints Market, By Region, 2016–2025 (USD Million)
Table 72 Other Resins: Automotive Refinish Paints Market, By Region, 2016–2025 (Million Gallons)
Table 73 Other Resins: Automotive Refinish Paints Market, By Region, 2016–2025 (USD Million)
Table 74 Automotive Paints Market, By Region, 2016–2025 (Million Gallons)
Table 75 Automotive Paints Market, By Region, 2016–2025 (USD Million)
Table 76 North America: Automotive Paints Market, By Country, 2016–2025 (Million Gallons)
Table 77 North America: Automotive Paints Market, By Country, 2016–2025 (USD Million)
Table 78 US: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 79 US: Market, By Paint Type, 2016–2025 (USD Million)
Table 80 Mexico: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 81 Mexico: Market, By Paint Type, 2016–2025 (USD Million)
Table 82 Canada: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 83 Canada: Market, By Paint Type, 2016–2025 (USD Million)
Table 84 Asia Oceania: Automotive Paints Market, By Country, 2016–2025 (Million Gallons)
Table 85 Asia Oceania: Market, By Country, 2016–2025 (USD Million)
Table 86 China: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 87 China: Market, By Paint Type, 2016–2025 (USD Million)
Table 88 Japan: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 89 Japan: Market, By Paint Type, 2016–2025 (USD Million)
Table 90 South Korea: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 91 South Korea: Market, By Paint Type, 2016–2025 (USD Million)
Table 92 India: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 93 India: Market, By Paint Type, 2016–2025 (USD Million)
Table 94 Asia Oceania Others: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 95 Asia Oceania Others: Market, By Paint Type, 2016–2025 (USD Million)
Table 96 Europe: Automotive Paints Market, By Country, 2016–2025 (Million Gallons)
Table 97 Europe: Market, By Country, 2016–2025 (USD Million)
Table 98 Germany: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 99 Germany: Market, By Paint Type, 2016–2025 (USD Million)
Table 100 France: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 101 France: Market, By Paint Type, 2016–2025 (USD Million)
Table 102 UK: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 103 UK: Market, By Paint Type, 2016–2025 (USD Million)
Table 104 Italy: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 105 Italy: Market, By Paint Type, 2016–2025 (USD Million)
Table 106 Spain: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 107 Spain: Market, By Paint Type, 2016–2025 (USD Million)
Table 108 Europe Others: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 109 Europe Others: Market, By Paint Type, 2016–2025 (USD Million)
Table 110 RoW: Automotive Paints Market, By Country, 2016–2025 (Million Gallons)
Table 111 RoW: Market, By Country, 2016–2025 (USD Million)
Table 112 Brazil: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 113 Brazil: Market, By Paint Type, 2016–2025 (USD Million)
Table 114 Russia: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 115 Russia: Market, By Paint Type, 2016–2025 (USD Million)
Table 116 South Africa: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 117 South Africa: Market, By Paint Type, 2016–2025 (USD Million)
Table 118 RoW Others: Automotive Paints Market, By Paint Type, 2016–2025 (Million Gallons)
Table 119 RoW Others: Market, By Paint Type, 2016–2025 (USD Million)
Table 120 Expansions, 2017–2018
Table 121 Supply Contracts, 2014–2017
Table 122 New Product Launches/Developments, 2016–2017
Table 123 Partnerships/Joint Ventures, 2014–2018
Table 124 Mergers/Acquisitions, 2015–2017
 
 
List of Figures (73 Figures)
 
Figure 1 Market Segmentation: Automotive Paints Market
Figure 2 Automotive Paints Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Global Vehicle Production, 2012–2016 (Million Units)
Figure 5 Global Vehicle Parc, 2013–2016 (Million Units)
Figure 6 Market Size Estimation Methodology for the Automotive Paints Market: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology for the Automotive Refinish Market: Top-Down Approach
Figure 8 Data Triangulation
Figure 9 Automotive Paints Market, By Paint Type, 2018 vs 2025 (USD Million)
Figure 10 Automotive Paint Market, By Technology, 2018 vs 2025 (USD Million)
Figure 11 Automotive Paints Market, By Resin Type, 2018 vs 2025 (USD Million)
Figure 12 Automotive Paint Market, By Texture Type, 2018 vs 2025 (Million Units)
Figure 13 Automotive Paints Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 14 Electric & Hybrid Vehicle Paints Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 15 Automotive Refinish Paints Market, By Resin Type, 2018 vs 2025 (USD Million)
Figure 16 Automotive Paints Market, By Painting Equipment, 2018 vs 2025 (Units)
Figure 17 Automotive Paint Market, By Region, 2018 vs 2025 (USD Million)
Figure 18 Increasing Vehicle Production Will Boost the Demand for Automotive Paint, During the Forecast Period
Figure 19 With the Advancement in Paint Technology Primer Usage is Expected to Decline Over the Forecast Period
Figure 20 Waterborne Technology is Expected to Be the Largest Market During Forecast Period, By Value
Figure 21 Polyurethane is Expected to Hold the Largest Market Share During the Forecast Period, By Value
Figure 22 Metallic Paint is Expected to Be the Largest Segment of the Automotive Paints Market During Forecast Period, By Volume
Figure 23 Passenger Car is Expected to Hold the Largest Market Share for Automotive Paints During the Forecast Period, By Value
Figure 24 Solvent-Based Contents are Expected to Decline During the Forecast Period, By Volume
Figure 25 Hybrid Vehicle Segment is Expected to Be the Largest Market for Automotive Paints During the Forecast Period
Figure 26 Asia Oceania is Expected to Be the Largest Market During the Forecast Period
Figure 27 Polyurethane is Expected to Be the Largest Segment of the Automotive Refinish Paints Market, By Resin Type, During Forecast Period
Figure 28 Electrostatic Spray is Expected to Gain Market Share During the Forecast Period, By Volume
Figure 29 Asia Oceania to Be the Largest Paint Market, Both By OEM & Refinish, By Value
Figure 30 Market Dynamics: Automotive Paints Market
Figure 31 Automotive Coat Process: Conventional vs Advanced
Figure 32 E & F Segment Vehicle Production, 2011–2016 (‘000 Units)
Figure 33 US: Macro Indicators Affecting the Automotive Paints Market
Figure 34 China: Macro Indicators Affecting the A=utomotive Paints Market
Figure 35 Japan: Macro Indicators Affecting the Automotive Paints Market
Figure 36 Automotive Paint Average Thickness, By Layers (΅m)
Figure 37 Automotive Paints Market, By Paint Type, 2018 vs 2025 (USD Million)
Figure 38 Automotive Paint Market, By Technology, 2018 vs 2025 (USD Million)
Figure 39 Automotive Paints Market, By Resin Type, 2018 vs 2025 (USD Million)
Figure 40 Automotive Paint Market, By Texture Type, 2018–2025 (Million Units)
Figure 41 Automotive Electrocoat Market Size, By Content Type, 2018 vs 2025 (Million Gallons)
Figure 42 Automotive Solvent-Borne Basecoat Market, By Content Type, 2018 vs 2025 (Million Gallons)
Figure 43 Automotive Solvent-Borne Clearcoat Market Size, By Content Type, 2018 vs 2025 (Million Gallons)
Figure 44 Automotive Waterborne Basecoat Market Size, By Content Type, 2018 vs 2025 (Million Gallons)
Figure 45 Automotive Waterborne Clearcoat Market Size, By Content Type, 2018 vs 2025 (Million Gallons)
Figure 46 Automotive Paints Equipment Market, By Region, 2018 vs 2025 (Units)
Figure 47 Automotive Paints Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 48 Electric & Hybrid Vehicle Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 49 Automotive Refinish Paints Market, By Resin Type, By Region, 2018 vs 2025 (USD Million)
Figure 50 Region Wise Snapshot of Automotive Paints Market Size, By Value, (2015)- Rapid Growth Markets are Emerging as New Hotspots
Figure 51 North America: Automotive Paints Market Snapshot
Figure 52 Asia Oceania: Automotive Paints Market Snapshot
Figure 53 Companies Adopted Expansions as the Key Growth Strategy, 2016–2017
Figure 54 Automotive Paints Oe Market: Market Share Analysis, 2017
Figure 55 Automotive Paints Refinish Market: Market Share Analysis, 2017
Figure 56 PPG: Company Snapshot
Figure 57 PPG: SWOT Analysis
Figure 58 BASF: Company Snapshot
Figure 59 BASF: SWOT Analysis
Figure 60 Axalta: Company Snapshot
Figure 61 Axalta: SWOT Analysis
Figure 62 Akzonobel: Company Snapshot
Figure 63 Akzonobel: SWOT Analysis
Figure 64 Sherwin Williams: Company Snapshot
Figure 65 Sherwin Williams: SWOT Analysis
Figure 66 Kansai: Company Snapshot
Figure 67 Solvay: Company Snapshot
Figure 68 Valspar: Company Snapshot
Figure 69 Covestro: Company Snapshot
Figure 70 3M: Company Snapshot
Figure 71 DOW Chemical: Company Snapshot
Figure 72 KCC: Company Snapshot
Figure 73 Nippon Paint: Company Snapshot

The automotive paints market is estimated to be USD 8.74 Billion in 2018 and is projected to reach USD 10.65 Billion by 2025, at a CAGR of 2.88%, from 2018 to 2025.  The growing vehicle production (especially, passenger cars), stringent VOC emission regulations for paint manufacturing, and changing customer preferences for paint textures are projected to drive the automotive paints industry and advancements in the paint technology.

Nowadays, along with engine specifications, quality, and durability, color & texture of the vehicle is also one of the most important factors influencing the buying-decision. Basecoat is expected to grow over the forecast period because it is the only paint type that consists colors. Even though the thickness of the basecoat is minimal, this coat has maximum contribution in terms of value, because it consists of the actual visual properties of color and effects.

Waterborne technology is expected to be the largest segment of the automotive paints market, by technology. Earlier, solvent-borne paints were preferred owing to their lesser price and quick drying properties. However, with the growing stringency of emission regulations monitoring paint production, industry stakeholders are preferring eco-friendly paint technologies such as waterborne technology.

The polyurethane automotive coating is expected to be the largest segment of the automotive paints market, by resin type. This is because polyurethane has increasing use in topcoats (clearcoat and basecoat) to increase the durability of coats, improve appearance, and protect vehicles from scratches.

The automotive refinish paints market is segmented on the basis of resin type. Polyurethane is the dominant resin type in this market, mainly due to its extensive usage in clearcoat and basecoat. Polyurethane resin accounted for the largest share in the overall automotive refinish coating market. It is preferred in clearcoat and basecoat layers due to its excellent weather-, corrosion-, and mechanical resistance.

The study segments automotive paints market by painting equipment as well. The airless spray gun is the widely used painting technique across the globe due to its better spraying efficiency as compared to air spray guns. Due to its low installation cost, it has the largest market across the globe. The study also segmented the market by content types such as pigments, water, resins and solvents.

Automotive Paints Market

Asia Oceania is expected to be the largest market for automotive paints due to huge vehicle production and improving economy. The automotive paints industry has evolved along with the automotive industry. Both industries are continuously progressing to provide advanced technologies and eco-friendly products to their customers. Passenger cars hold the largest share of total vehicle production globally and also in Asia Oceania. Passenger cars are expected to be the largest market for automotive paints. Asia Oceania is estimated to be the largest market for electric and hybrid vehicles also. The hybrid vehicle is estimated to be the largest market for automotive paints due to the rapid acceptance of hybrid vehicle across the world.

Advancements in automotive safety technologies reduce accidents, thus restricting the refinish market. This would significantly diminish the automotive refinish paint market.

Automotive paints market ecosystem consists of manufacturers such as PPG (US), Axalta (US), AkzoNobel (Netherlands), BASF (Germany), Sherwin Williams (US), Valspar (US), Solvay (Belgium), DOW Chemical (US), 3M (US), and KCC (South Korea).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement


-
Request for FREE Sample of this report Send Request