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Global Automotive Paint & Coating Market (2021-2026) by Layer Type, Resin Type, Technology, Texture, Application and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

  • ID: 5359437
  • Report
  • March 2021
  • Region: Global
  • 198 pages
  • Infogence Global Research
UP TO OFF
until Jul 31st 2021
Global Automotive Paint & Coating Market is estimated to be worth USD 20.2 Billion in 2021 and is expected to reach USD 29.68 Billion by 2026, growing at a CAGR of 8%

FEATURED COMPANIES

  • Akzo Nobel N.V.
  • Bayer AG
  • Cabot Corporation
  • Eastman Chemical Company
  • Koninklijke DSM N.V.
  • Solvay S.A
  • MORE
The Global Automotive Paint & Coating Market is estimated to be worth USD 20.2 Billion in 2021 and is expected to reach USD 29.68 Billion by 2026, growing at a CAGR of 8.0%.



Market Dynamics


The Applications of paint and coating to automobile surfaces exemplify the technologies to produce durable surfaces, intensify appearance, maximizing efficiency, and mitigate environmental concerns. In addition, increasing disposable income, rising lifestyle standards, rising demand for vehicles, and personalization of vehicle's appearance are projected to fuel the automotive paint and coating market. However, fluctuating prices in the automotive industry and stringent Government regulations for manufacturing and selling paint and coating are hindering market growth. In addition, the time-consuming drying process and paint wastage hinder the market growth.

Market players focus on innovating cost-effective and eco-friendly paint, and coating is expected to offer growth opportunities during the forecast period.

Market Segmentation


The Global Automotive Paint & Coating Market is segmented based on Layer Type, Resin Type, Technology, Texture, Application, and Geography.
  • By Layer Type, the market is classified as primer, electrocoat, basecoat, clearcoat. Amongst all, the base coat segment is estimated to hold the highest market share.
  • By Resin Type, the market is classified as polyurethane, epoxy, acrylic, and others. Amongst all, the polyurethane segment is estimated to hold the highest market share during the forecast period.
  • By Technology, the market is classified as solvent-borne, water-borne, powder, and others. Amongst all, the solvent-borne segment is estimated to hold the highest market share during the forecast period.
  • By Texture, the market is classified as Solid Texture, Metallic Texture, matte finish paints, pearlescent paints, and solar reflective paints. Amongst all, the solid texture segment is estimated to hold the highest market share.
  • By Application, the market is classified as automotive OEM and automotive refinish. Amongst the two, the automotive refinish segment is estimated to hold the highest market share.
  • By Geography, North America is projected to lead the market.

Recent Developments

  1. Nippon Paint Holdings Co., Ltd. Is building a new automotive paint production plant in Okayama Prefecture. The project will start in May 2021 and is expected to be completed in May 2022. - 20Th April 2020.
  2. Tata launches ceramic coating for 2021 Safari. - 31st March 2021.

Company Profiles


Some of the companies covered in this report are Axalta Coating Systems, Ltd. BASF SE, PPG Industries, Inc. Nippon Paint Holdings Co., Ltd, Kansai Paint Co., Ltd, Tata Motors Limited, etc.

Competitive Quadrant


The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?


The report offers a comprehensive evaluation of the Global Automotive Paint & Coating Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes an in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also includes the regulatory scenario of the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.

The report also contains competitive analysis using Positioning Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Akzo Nobel N.V.
  • Bayer AG
  • Cabot Corporation
  • Eastman Chemical Company
  • Koninklijke DSM N.V.
  • Solvay S.A
  • MORE
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Proprietary Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook

4 Market Influencers
4.1 Drivers
4.1.1 Increasing Demand for Eco-Friendly Paints and Coating
4.1.2 Upsurge In Demand for Personalized and Automotive Refinish Paints and Coating
4.1.3 Growing Demand for Premium Cars
4.2 Restraints
4.2.1 High Time Consumption for Drying
4.2.2 Paint Wastage During Production
4.3 Opportunities
4.3.1 Companies Focus on Acquisition and Merger
4.3.2 Continuous Innovations Through R & D
4.4 Challenges
4.4.1 Stringent Government Regulations Associated with Waste
4.4.2 Fluctuating Raw Material Prices
4.5 Trends

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Automotive Paint & Coating Market, By Layer Type
6.1 Introduction
6.2 Primer
6.3 Electrocoat
6.4 Basecoat
6.5 Clearcoat

7 Global Automotive Paint & Coating Market, By Resin Type
7.1 Introduction
7.2 Polyurethane
7.3 Epoxy
7.4 Acrylic
7.5 Others

8 Global Automotive Paint & Coating Market, By Technology
8.1 Introduction
8.2 Solvent-Borne
8.3 Water-Borne
8.4 Powder
8.5 Others

9 Global Automotive Paint & Coating Market, By Texture
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 Global Automotive Paint & Coating Market, By Application
10.1 Introduction
10.2 Automotive OEM
10.3 Automotive Refinish

11 Global Automotive Paint & Coating Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 South America
11.3.1 Brazil
11.3.2 Argentina
11.3.3 Chile
11.3.4 Colombia
11.4 Europe
11.4.1 UK
11.4.2 France
11.4.3 Germany
11.4.4 Italy
11.4.5 Spain
11.4.6 Netherlands
11.4.7 Sweden
11.4.8 Russia
11.4.9 Rest of Europe
11.5 Asia-Pacific
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Indonesia
11.5.5 Malaysia
11.5.6 South Korea
11.5.7 Australia
11.5.8 Sri Lanka
11.5.9 Thailand
11.5.10 Rest of APAC
11.6 Middle-East and Africa
11.6.1 Qatar
11.6.2 Saudi Arabia
11.6.3 South Africa
11.6.4 United Arab Emirates

12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements

13 Company Profiles
13.1 Akzo Nobel N.V.
13.2 Arkema SA
13.3 Axalta Coating Systems, Ltd.
13.4 BASF SE
13.5 Bayer AG
13.6 Beckers Group
13.7 Berger Paints Ltd
13.8 Cabot Corporation
13.9 Clariant AG
13.10 DuPont de Nemours, Inc.
13.11 Eastman Chemical Company
13.12 Nippon Paint Holdings Co., Ltd
13.13 Kansai Paint
13.14 Kansai Paint Co., Ltd
13.15 Koninklijke DSM N.V.
13.16 PPG Industries, Inc.
13.17 Sherwin-Williams Company
13.18 Solvay S.A
13.19 Tata Motors Limited
13.20 Valspar Corporation

14 Appendix
14.1 Questionnaire
Note: Product cover images may vary from those shown
  • Akzo Nobel N.V.
  • Arkema SA
  • Axalta Coating System. Ltd.
  • BASF SE
  • Bayer AG
  • Beckers Group
  • Berger Paints Ltd
  • Cabot Corporation
  • Clariant AG
  • DuPont de Nemour. Inc.
  • Eastman Chemical Company
  • Nippon Paint Holdings Co. Ltd
  • Kansai Paint
  • Kansai Paint Co. Ltd
  • Koninklijke DSM N.V.
  • PPG Industrie. Inc.
  • Sherwin-Williams Company
  • Solvay S.A
  • Tata Motors Limited
  • Valspar Corporation
Note: Product cover images may vary from those shown

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