Key Trends in the Market
An automotive refinish coating refers to a type of automotive coating which is applied to already manufactured automotives to refinish and refurbish the vehicle. This type of coating can be used to repair vehicles, add protection, and boost the aesthetic appeal of the vehicle.- The growth trajectory attained by the automotive sector in the Africa region is the driving force of Africa automotive refinish coatings market growth. Growing expansion of automotive companies is leading to a stronger demand for automotive refinishing.
- Changing preference of consumers towards vehicles with high aesthetic appeal, greater resistance to weather and chemicals, is one of the crucial Africa automotive refinish coatings market trends. This is supported by improving standards of living across emerging economies like Nigeria, Egypt, and South Africa, among others.
Africa Automotive Refinish Coatings Market Segmentation
The report titled “Africa Automotive Refinish Coatings Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Resin Type
- Polyurethane
- Alkyd
- Acrylic
- Others
Market Breakup by Product Type
- Primer
- Basecoat
- Activator
- Filler
- Topcoat
- Others
Market Breakup by Technology
- Solvent-Borne
- Water-Borne
- UV-Cured
Market Breakup by Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Others
Market Breakup by Country
- Nigeria
- South Africa
- Egypt
- Kenya
- Others
Africa Automotive Refinish Coatings Market Share by Resin Type
The acrylic segment, based on resin type, accounts for a healthy share of the Africa automotive refinish coatings market. Coatings made up of this type of resin offer excellent resistance to weather and hydrolysis, and retain gloss and colour which improves the overall look of an automobile. The versatility and performance of acrylic coatings are further propelling their growth in the market and the overall Africa automotive refinish coatings market demand.Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Africa automotive refinish coatings market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.Axalta Coating Systems South Africa (Pty) Ltd
Axalta Coating Systems South Africa (Pty) Ltd is a leading company which develops, manufactures, and sells diverse performance and transportation coatings across the globe. It was founded in 1866 and is headquartered in Midrand, South Africa.3M Company
3M Company is a multinational conglomerate company which manufactures and distributes industrial products and solutions. The company was established in 1902 and is headquartered in Minnesota, United States.
Akzo Nobel N.V.
Akzo Nobel N.V. is a renowned paint and coating manufacturing company which develops high-quality paints and performance coatings. The company was founded in 1994 and is currently headquartered in Amsterdam in the Netherlands.Other market players include James Briggs Ltd., The Sherwin Williams Company, The Dow Chemical Company, Kansai Paint Co., Covestro AG, Vican Manufacturing, and LUBRIZOL SA (PTY) LTD, among others.
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Companies Mentioned
- Axalta Coating Systems South Africa (Pty) Ltd
- 3M Company
- Akzo Nobel N.V.