Global Automotive Refinish Coatings Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026

  • ID: 4575949
  • Report
  • Region: Global
  • Acute Market Reports
1 of 4

FEATURED COMPANIES

  • AkzoNobel
  • Axalta Coating Systems
  • BASF SE
  • Bayer AG
  • Berger Paints
  • Clariant
  • MORE
Automotive Refinish Coatings Market - Growth, Future Prospects and Competitive Analysis, 2018-2026, the global automotive refinish coating market was valued at US$ 9,494.5 Mn in 2017, expanding at a CAGR of 6.5% from 2018 to 2026.

Market Insights
The global automotive refinish coatings market accounted for US$ 9,494.5 million in 2017 growing with a CAGR of 6.5% during the forecast period from 2018 to 2026. Increasing vehicles sale, easy availability of auto loans and modern lifestyle will drive the market growth over the forecast period. Moreover, rising need for maintenance of premium vehicles is expected to drive market growth in Asian economies. In India, two wheelers and four wheelers accounts for 25% of road crashes leading to increased demand for vehicle repair and maintenance, and is therefore, expected to drive the overall market. According to road-traffic safety experts, the frequency of traffic collisions in India is highest among other countries, which in turn is surge the overall growth. In addition, Indian government’s “Skilled India” initiative will create more skilled workers for the automobile maintenance and repair industry, which in turn is projected to supplement the aftermarket growth in the future.

Solvent borne technology is witnessing a drop in demand owing to VOC emission. Leading paint and coating manufacturers are shifting from solvent borne technology to waterborne technology on account of stringent environmental regulations such as Directive 2004/42/EC of the European Parliament. This regulation limits the emissions of volatile organic compounds by 90% owing to the use of organic solvents in decorative coatings and varnishes and vehicle refinishing products. Automotive manufacturers in Europe have followed the European Union directive in reducing VOC emission through the implementation of using powder coating/ water borne coating instead of solvent borne coatings for automotive industry. Rising awareness towards reducing VOC emissions in automotive industries is expected to promote the market growth of eco-friendly coatings and thus limiting solvent borne automotive coatings demand in the near future.

U.S. EPA has regulated the limits of VOC emissions for automotive refinish coatings. For example, the VOC content in primers can be up to 4.8 pounds per gallon whereas for topcoats, content can be up to 5 pounds per gallon. Primer acts as an ideal substrate for smooth surface application of basecoat. The presence of grey shade primer on automotive body enables to identify the surface irregularities and brings out superior attributes of basecoat. Also, epoxy primers are being widely utilized on account of their excellent color holding coupled with better sealing and adhesion properties expected to enhance the market growth.

Based on geography, North America held a significant share in the global automotive refinish coating market in 2017 with a market share of over approximately 22%. Population growth, increasing per capita car ownership and rising disposable income in North America has played an important role in developing automotive refinish coatings market in the region. However, as per China Association of Automobile Manufacturers (CAAM) (2016), the Chinese automobile industry is the largest in the world in terms of unit vehicle volume manufactured and the country has witnessed increased production over the past decade. The growing per capita income of the country has resulted in increased demand for automobiles in the domestic market. In addition, the growing number of luxury brands, such as BMW, has propelled manufacturers to shift their engineering plants to China due to lower labor cost and overheads. Also, India is expected to observe high demand for automobiles due to increasing industrialization coupled with government support for manufacturing vehicles. Therefore, increasing automobile production in countries such as China, India, and Thailand is expected to fuel the demand for refinish coatings in Asia Pacific region.

Key market players in the global automotive refinish coating market include Axalta Coating Systems, AkzoNobel, BASF SE, Bayer AG, Berger Paints, Clariant, Kansai Paints, KCC Corporation, Nippon Paints, PPG Industries, and Valspar Corporation.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • AkzoNobel
  • Axalta Coating Systems
  • BASF SE
  • Bayer AG
  • Berger Paints
  • Clariant
  • MORE
Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offering
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase II-Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Automotive Refinish Coatings Market Snapshot
2.2. Global Automotive Refinish Coatings Market, by Resin Type, 2017
2.3. Global Automotive Refinish Coatings Market, by Technology, 2017
2.4. Global Automotive Refinish Coatings Market, by Product, 2017
2.5. Global Automotive Refinish Coatings Market, by Vehicle Age, 2017
2.6. Global Automotive Refinish Coatings Market, by Geography, 2017

Chapter 3. Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Attractive Investment Proposition, by Geography
3.4. Competitive Landscape: Market positioning of key players, 2017

Chapter 4. Global Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
4.1. Overview
4.1.1. Market Share Analysis (Value, %), by Resin Type, 2017 vs. 2026
4.2. Acrylic
4.3. Alkyd
4.4. Polyurethane
4.5. Others (Epoxy, Nitrocellulose, etc.)

Chapter 5. Global Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
5.1. Overview
5.1.1. Market Share Analysis (Value, %), by Technology, 2017 vs. 2026
5.2. Solvent-Borne
5.3. Water-Borne
5.4. Others (High Solids and Powder)

Chapter 6. Global Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
6.1. Overview
6.1.1. Market Share Analysis (Value, %), by Product, 2017 vs. 2026
6.2. Primer
6.3. Basecoat
6.4. Topcoat
6.5. Fillers
6.6. Others (Putty, Activators, etc.)

Chapter 7. Global Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
7.1. Overview
7.1.1. Market Share Analysis (Value, %), by Vehicle Age, 2017 vs. 2026
7.2. Less than 5 years,
7.3. 5 to 10 years
7.4. More than 10 years

Chapter 8. Global Automotive Refinish Coatings Market, by Geography, 2016 – 2026 (Kilotons, US$ Mn)
8.1. Overview
8.1.1. Market Share Analysis (Value, %), by Geography, 2017 vs. 2026
8.2. North America Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.2.1. North America Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.2.2. North America Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.2.3. North America Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.2.4. North America Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.2.5. North America Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
8.2.5.1. U.S.
8.2.5.2. Canada
8.3. Europe Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.3.1. Europe Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.3.2. Europe Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.3.3. Europe Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.3.4. Europe Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.3.5. Europe Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
8.3.5.1. France
8.3.5.2. UK
8.3.5.3. Germany
8.3.5.4. Rest of Europe
8.4. Asia Pacific Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.4.1. Asia Pacific Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.4.2. Asia Pacific Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.4.3. Asia Pacific Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.4.4. Asia Pacific Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.4.5. Asia Pacific Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
8.4.5.1. Japan
8.4.5.2. China
8.4.5.3. India
8.4.5.4. Rest of APAC
8.5. Latin America Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.5.1. Latin America Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.5.2. Latin America Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.5.3. Latin America Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.5.4. Latin America Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.5.5. Latin America Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
8.5.5.1. Brazil
8.5.5.2. Mexico
8.5.5.3. Rest of Latin America
8.6. Middle East & Africa (MEA) Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.6.1. Middle East and Africa Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.6.2. Middle East and Africa Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.6.3. Middle East and Africa Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.6.4. Middle East and Africa Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.6.5. Middle East and Africa Automotive Refinish Coatings Market, by Region, 2016 – 2026 (Kilotons, US$ Mn)
8.6.5.1. GCC
8.6.5.2. Rest of MEA

Chapter 9. Company Profiles
9.1. Axalta Coating Systems
9.1.1. Business Description
9.1.2. Financial Information (Subject to data availability)
9.1.3. Product Portfolio
9.1.4. Key Developments
9.2. AkzoNobel
9.3. BASF SE
9.4. Bayer AG
9.5. Berger Paints
9.6. Clariant
9.7. Kansai Paints
9.8. KCC Corporation
9.9. Nippon Paints
9.10. PPG Industries
9.11. Valspar Corporation
9.12. Other Notable Players

List of Figures
FIG. 1 Global Automotive Refinish Coatings: Market Segmentation
FIG. 2 Global Automotive Refinish Coatings Market by Resin Type, 2017 (Kilotons, US$ Mn),
FIG. 3 Global Automotive Refinish Coatings Market, by Technology, 2017 (Kilotons, US$ Mn)
FIG. 4 Global Automotive Refinish Coatings Market, by Product, 2017 (Kilotons, US$ Mn)
FIG. 5 Global Automotive Refinish Coatings Market, by Vehicle Age, 2017 (Kilotons, US$ Mn)
FIG. 6 Global Automotive Refinish Coatings Market, by Geography, 2017 (Kilotons, US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography
FIG. 8 Competitive Landscape: Market positioning of key players, 2017
FIG. 9 Global Automotive Refinish Coatings Market Value, by Resin Type, 2017 (Share %)
FIG. 10 Global Acrylic Automotive Refinish Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 11 Global Alkyd Automotive Refinish Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 12 Global Polyurethane Automotive Refinish Coatings Market Share, by Technology, 2017 vs. 2026 (Value %)
FIG. 13 Global Others Automotive Refinish Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 14 Global Automotive Refinish Coatings Market Share, by Technology, 2017 vs. 2026 (Value %)
FIG. 15 Global Automotive Refinish Coatings Market by Solvent Borne, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 16 Global Automotive Refinish Coatings Market by Water Borne, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 17 Global Automotive Refinish Coatings Market by Others, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 18 Global Automotive Refinish Coatings Market Share, by Product, 2017 vs. 2026 (Value %)
FIG. 19 Global Automotive Refinish Coatings Market by Primer, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 20 Global Automotive Refinish Coatings Market by Basecoat, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 21 Global Automotive Refinish Coatings Market by Topcoat, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 22 Global Automotive Refinish Coatings Market by Filler, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 23 Global Automotive Refinish Coatings Market by Others, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 24 Global Automotive Refinish Coatings Market Share, by Vehicle Age, 2017 vs. 2026 (Value %)
FIG. 25 Global Automotive Refinish Coatings Market by less than 5 Years, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 26 Global Automotive Refinish Coatings Market by 5 to 10 Years 2016 – 2026 (Kilotons, US$ Mn)
FIG. 27 Global Automotive Refinish Coatings Market by more than 10 Years 2016 – 2026 (Kilotons, US$ Mn)
FIG. 28 Global Automotive Refinish Coatings Market, by Geography, 2017 (Value %)

List of Tables
TABLE 1 Market Snapshot: Global Automotive Refinish Coatings Market Value
TABLE 2 Global Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 3 Global Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 4 Global Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 5 Global Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 6 Global Automotive Refinish Coatings Market, by Geography, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 7 North America Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 8 North America Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 9 North America Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 10 North America Automotive Refinish Coatings Market, by Vehicle Age 2016 – 2026 (Kilotons, US$ Mn)
TABLE 11 North America Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 12 Europe Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 13 Europe Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 14 Europe Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 15 Europe Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 16 Europe Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 17 Asia Pacific Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 18 Asia Pacific Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 19 Asia-Pacific Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 20 Asia-Pacific Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 21 Asia Pacific Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 22 Latin America Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 23 Latin America Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 24 Latin America Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 25 Latin America Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 26 Latin America Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 27 Middle East and Africa Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 28 Middle East and Africa Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 29 Middle East and Africa Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 30 Middle East and Africa Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 31 Middle East and Africa Automotive Refinish Coatings Market, by Region, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 32 Axalta Coating Systems: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 AkzoNobel.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 34 BASF SE: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 35 Bayer AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 36 Berger Paints: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 37 Clariant: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 38 Kansai Paints: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 39 KCC Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 40 Nippon Paints: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 41 PPG Industries: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 42 Valspar Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
Note: Product cover images may vary from those shown
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  • Axalta Coating Systems
  • AkzoNobel
  • BASF SE
  • Bayer AG
  • Berger Paints
  • Clariant
  • Kansai Paints
  • KCC Corporation
  • Nippon Paints
  • PPG Industries
  • Valspar Corporation
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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