Global Automotive Refinish Coatings Market 2017-2021

  • ID: 4390902
  • Report
  • Region: Global
  • 75 pages
  • TechNavio
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FEATURED COMPANIES

  • Akzo Nobel
  • Axalta Coating Systems
  • BASF
  • Covestro
  • KANSAI PAINT
  • KCC
  • MORE
About Automotive Refinish Coatings

Automobile refinish coatings are used to cover up damages, which are caused by external factors such as accidents, climate, road condition, and foreign particles such as stones, debris, and rubble. They are used in automotive repair shops for improving the appearance of the vehicle. Vehicle insurance plays a significant role in driving the demand for automotive refinish coatings. Mandatory insurance while purchasing a new vehicle provides an impetus for the car owner to get the vehicle repaired of any damages.

The analysts forecast the global automotive refinish coatings market to grow at a CAGR of 5.86% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive refinish coatings market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Automotive Refinish Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Axalta Coating Systems
  • Akzo Nobel
  • BASF
  • PPG industries
  • The Sherwin-Williams Company
Other prominent vendors
  • Covestro
  • KANSAI PAINT
  • KCC
  • NIPSEA GROUP
  • NOROO Paint & Coatings
  • TCI Powder
  • The Lubrizol
Market drivers
  • Increased focus on R&D and innovative methods to reduce the cycle time
  • For a full, detailed list, view the full report
Market challenges
  • Lack of trained technicians
  • For a full, detailed list, view the full report
Market trends
  • Consumers preference for more vibrant colors and the use of new materials on vehicles.
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Akzo Nobel
  • Axalta Coating Systems
  • BASF
  • Covestro
  • KANSAI PAINT
  • KCC
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Overview: Global automotive refinish coatings market
  • Five forces analysis
PART 06: Market segmentation by vehicle age
  • Overview: Global automotive refinish coatings market by vehicle age
PART 07: Market segmentation by product type
  • Overview: Global automotive refinish coatings market by product type
PART 08: Market segmentation by resin type
  • Overview: Global automotive refinish coatings market by resin type
PART 09: Market segmentation by technology
  • Global automotive refinish coatings market by technology
  • Global solvent-based automotive refinish coatings market
  • Global water-based automotive refinish coatings market
  • Global other automotive refinish coatings market
PART 10: Geographical segmentation
  • Overview: Global automotive refinish coatings market by geography
  • Automotive refinish coatings market in APAC
  • Automotive refinish coatings market in Americas
  • Automotive refinish coatings market in EMEA
PART 11: Decision framework

PART 12: Drivers and challenges
  • Market drivers
  • Market challenges
PART 13: Market trends
  • Consumers preference for more vibrant colors and the use of new materials on vehicles.
  • Autonomous car will be driving the future
  • Use of innovative technologies
PART 14: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 15: Key vendor analysis
  • Axalta Coating Systems
  • Akzo Nobel
  • BASF
  • PPG Industries
  • The Sherwin-Williams Company
PART 16: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Refinish process
Exhibit 02: Segmentation of global automotive refinish coatings market
Exhibit 03: Global automotive refinish coatings market 2016 and 2021 ($ millions)
Exhibit 04: Forecast: Global automotive refinish coatings market 2016-2021
Exhibit 05: Five forces analysis
Exhibit 06: Global automotive refinish coatings market by vehicle age (based on volume) 2016
Exhibit 07: Global automotive refinish coatings market by vehicle age (based on revenue) 2016
Exhibit 08: Global automotive refinish coatings market by product type 2016
Exhibit 09: Global automotive refinish coatings market by resin type 2016
Exhibit 10: Global automotive refinish coatings market by technology 2016
Exhibit 11: Global automotive refinish coatings market by technology 2021
Exhibit 12: Global solvent-based automotive refinish coatings market 2016 and 2021 ($ millions)
Exhibit 13: Forecast: Global solvent-based automotive refinish coatings market 2016-2021
Exhibit 14: Global water-based automotive refinish coatings market 2016-2021 ($ millions)
Exhibit 15: Forecast: Global water-based automotive refinish coatings market 2016-2021
Exhibit 16: Global other automotive refinish coatings market 2016-2021 ($ millions)
Exhibit 17: Forecast: Global other automotive refinish coating market 2016-2021
Exhibit 18: Global automotive refinish coatings market by geography 2016
Exhibit 19: Global automotive refinish coatings market by geography 2021
Exhibit 20: Automotive refinish coatings market in APAC 2016 and 2021 ($ millions)
Exhibit 21: Forecast: Automotive refinish coatings market in APAC 2016-2021
Exhibit 22: Automotive refinish coatings market in Americas 2016 and 2021 ($ millions)
Exhibit 23: Forecast: Automotive refinish coatings market in Americas 2016-2021
Exhibit 24: Automotive refinish coatings market in EMEA 2016 and 2021 ($ millions)
Exhibit 25: Forecast: Automotive refinish coatings market in EMEA 2016-2021
Exhibit 26: Forecast: Global automotive production 2015 and 2021
Exhibit 27: Global nano coating market 2016-2021 ($ billions)
Exhibit 28: Segmentation of the global automotive refinish competitive scenario, 2016
Exhibit 29: Axalta Coating Systems: Business segmentation by revenue 2016
Exhibit 30: Axalta Coating Systems: Geographical segmentation by revenue 2016
Exhibit 31: Akzo Nobel: Business segmentation by revenue 2016
Exhibit 32: Akzo Nobel: Geographical segmentation by revenue 2016
Exhibit 33: BASF: Business segmentation by revenue 2016
Exhibit 34: BASF: Geographical segmentation by revenue 2016
Exhibit 35: PPG Industries: Business segmentation by revenue 2016
Exhibit 36: PPG Industries: Geographical segmentation by revenue 2016
Exhibit 37: The Sherwin-Williams Company: Business segmentation by revenue 2016
Exhibit 38: The Sherwin-Williams Company: Geographical segmentation by revenue 2016
Exhibit 39: Products offered by The Sherwin-Williams Company
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FEATURED COMPANIES

  • Akzo Nobel
  • Axalta Coating Systems
  • BASF
  • Covestro
  • KANSAI PAINT
  • KCC
  • MORE
New Report Released: - Global Automotive Refinish Coatings Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive refinish coatings market: Axalta Coating Systems, Akzo Nobel, BASF, PPG industries, and The Sherwin-Williams Company.

Other Prominent Vendors in the market are: Covestro, KANSAI PAINT, KCC, NIPSEA GROUP, NOROO Paint & Coatings, TCI Powder, and The Lubrizol.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Consumers preference for more vibrant colors and the use of new materials on vehicles. Colors play a key role in the automotive industry. Millennials are driving the trend of customized automobiles and companies are coming up with a variety of options. Thus, refinish coatings technicians should have access to the latest color details, to cater to the growing demand for automotive body work. Many refinish coatings companies are developing tools to match the correct color combinations, such as COLORMOBILE, which enables to obtain the correct combination. Several companies are teaming up with OEMs to provide technical training to handle these tools and develop correct formulas.”

According to the report, one of the major drivers for this market is Increased focus on R&D and innovative methods to reduce the cycle time. Global companies are investing in R&D for innovative technologies to meet the changing requirements and improve their product portfolio. Companies such as BASF and PPG Industries are focusing on reducing the cycle time, improving the efficiency, and reducing operational cost. One of BASF's solution is the Onyx HD system.

Further, the report states that one of the major factors hindering the growth of this market is Lack of trained technicians. The availability of trained technicians is a challenge in this market. As the cohort baby boomer demographic is retiring from the work force, there will be a lot of vacant repair-related positions in the coming years. As the industry is moving toward new products and technologies, the need for new skills is pressing. Companies are innovating new products to be at par with these changes, which makes training essential. On the job trainings are being developed so that work is not affected and the cost of the training process can also be reduced.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Axalta Coating Systems
  • Akzo Nobel
  • BASF
  • PPG industries
  • The Sherwin-Williams Company
  • Covestro
  • KANSAI PAINT
  • KCC
  • NIPSEA GROUP
  • NOROO Paint & Coatings
  • TCI Powder
  • The Lubrizol
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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