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Automotive Refinish Coatings - Company Evaluation Report, 2025

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    Report

  • 116 Pages
  • August 2025
  • Region: Global
  • Markets and Markets
  • ID: 6165993
The Automotive Refinish Coatings Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Automotive Refinish Coatings. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. The 360 Quadrant evaluated over 100 companies, of which the Top 10 Automotive Refinish Coatings Companies were categorized and recognized as quadrant leaders.

Automotive refinish coatings are specialized paints and coatings intended for the repair, restoration, or enhancement of a vehicle’s appearance and protection after it has been manufactured. Typically applied in auto body shops and repair centers, these coatings differ from OEM coatings because they are formulated for use in ambient or low-temperature bake conditions. They comprise primers, basecoats, topcoats, and clearcoats, and are often made with materials such as polyurethanes, acrylics, and alkyds to ensure durability, resistance to weather, and visual appeal. As stated by the American Coatings Association, these coatings are used to address damage from accidents, aging, or environmental exposure and frequently feature environmentally friendly technologies, such as waterborne or high-solids systems, to comply with regulatory standards while delivering color precision and surface protection for both passenger and commercial vehicles.

According to the American Coatings Association, automotive refinish coatings are specialized products applied outside the original manufacturing process - typically in auto body shops and repair facilities - to repair and restore vehicles. Unlike OEM coatings used during production, refinish coatings are optimized for ambient or low-temperature baking conditions and focus on restoring a vehicle’s look and protective qualities after damage or deterioration. These include materials such as primers, basecoats, and clearcoats, designed to offer durability, resistance to the elements, and visual enhancement, while also addressing environmental regulations through the use of advanced technologies like waterborne or high-solids systems.

The 360 Quadrant maps the Automotive Refinish Coatings companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Automotive Refinish Coatings quadrant. The top criteria for product footprint evaluation included By LAYER TYPE (Primer, Basecoat, Clearcoat, Other Layer Types), by RESIN TYPE (Polyurethane, Acrylic, Epoxy, Alkyd, Other Resin Types), by TECHNOLOGY TYPE (Waterborne Technology, Solventborne Technology, UV-Cured Technology), and By VEHICLE TYPE (Passenger Cars, Commercial Vehicles).

Key players in the Automotive Refinish Coatings market include major global corporations and specialized innovators such as Axalta Coating Systems LLC, PPG Industries, Inc., BASF SE, The Sherwin-Williams Company, Akzo Nobel N.V., Kansai Paint Co., Ltd., KCC Corporation, Nippon Paint Holdings Co., Ltd., KAPCI COATINGS, and TOA Performance Coating Corporation Co., Ltd. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

Top 3 Companies

Axalta Coating Systems LLC

Axalta Coating Systems LLC is a leading global manufacturer, specializing in performance coatings and mobility coatings. The company operates in over 130 countries, focusing on expanding its operations through acquisitions and partnerships. Their company analysis indicates a strategic emphasis on sustainability programs to elevate environmental impact evaluations in body shops. Axalta's company positioning as a quadrant leader is solidified by its comprehensive product portfolio and significant company market share of 20% - 22%.

PPG Industries, Inc.

PPG Industries, Inc. provides a broad range of paints and coatings across three business segments. With operations in more than 156 countries, PPG's strategic initiatives include performance coatings that meet diverse end-use industries' needs. Their company ranking in the market is reinforced by continuous innovation and significant investments in eco-friendly and high-performing product offerings.

BASF SE

BASF SE is recognized for its strong market presence and focus on sustainable product development. The company's efforts to enhance its product portfolio through innovative technologies and global partnerships contribute to its high company ranking. As a key player, BASF SE consistently seeks to expand its market share through targeted strategies aimed at meeting rising demand for advanced coatings.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Automotive Refinish Coatings Market: Inclusions & Exclusions
1.3 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Expanding Automotive Aftermarket Services
3.2.1.2 Growth in Road Accidents and Collisions
3.2.1.3 Technological Advancements in Coatings
3.2.1.4 Rising Insurance Penetration and Claims Processing
3.2.2 Restraints
3.2.2.1 Disruption in Supply Chain due to Geopolitical Tensions
3.2.2.2 Toxicity and Health Concerns
3.2.3 Opportunities
3.2.3.1 Adoption of Eco-Friendly Coatings
3.2.3.2 Expansion into Emerging Markets
3.2.4 Challenges
3.2.4.1 Stringent Environmental Regulations
3.3 Porter's Five Forces Analysis
3.3.1 Threat of Substitutes
3.3.2 Threat of New Entrants
3.3.3 Bargaining Power of Suppliers
3.3.4 Bargaining Power of Buyers
3.3.5 Intensity of Competitive Rivalry
4 Industry Trends
4.1 Supply Chain Analysis
4.1.1 Raw Materials Supplier
4.1.2 Manufacturer
4.1.3 Distribution Network
4.1.4 End-use Industries
4.2 Trends/Disruptions Impacting Customer Business
4.3 Ecosystem Analysis
4.4 Technology Analysis
4.4.1 Key Technologies
4.4.1.1 Waterborne Coatings Technology
4.4.1.2 UV-Curable Coatings Technology
4.4.2 Complementary Technologies
4.4.2.1 Low-Voc/High-Solid Coatings Technology
4.5 Key Conferences & Events in 2025-2026
4.6 Patent Analysis
4.6.1 Approach
4.6.2 Document Types
4.6.3 Top Applicants
4.6.4 Jurisdiction Analysis
4.7 Impact of AI/Gen AI on Automotive Refinish Coatings Market
5 Competitive Landscape
5.1 Introduction
5.2 Key Players Strategies/Right to Win
5.3 Market Share Analysis, 2024
5.4 Revenue Analysis, 2023-2025
5.5 Company Evaluation Matrix: Key Players, 2024
5.5.1 Stars
5.5.2 Emerging Leaders
5.5.3 Pervasive Players
5.5.4 Participants
5.5.5 Company Footprint: Key Players, 2024
5.5.5.1 Company Footprint
5.5.5.2 Region Footprint
5.5.5.3 Resin Type Footprint
5.5.5.4 Layer Type Footprint
5.5.5.5 Vehicle Type Footprint
5.6 Company Evaluation Matrix: Startups/SMEs, 2024
5.6.1 Progressive Companies
5.6.2 Responsive Companies
5.6.3 Dynamic Companies
5.6.4 Starting Blocks
5.6.5 Competitive Benchmarking: Start-Ups/SMEs, 2024
5.6.5.1 Detailed List of Key Start-Ups/SMEs
5.6.5.2 Competitive Benchmarking of Key Start-Ups/SMEs
5.7 Company Valuation and Financial Metrics
5.8 Brand/Product Comparison
5.9 Competitive Scenario
5.9.1 Deals
5.9.2 Expansions
5.9.3 Other Developments
6 Company Profiles
6.1 Major Players
6.1.1 Axalta Coating Systems LLC
6.1.1.1 Business Overview
6.1.1.2 Products/Solutions/Services Offered
6.1.1.3 Recent Developments
6.1.1.3.1 Deals
6.1.1.3.2 Expansions
6.1.1.3.3 Other Developments
6.1.1.4 Analyst's View
6.1.1.4.1 Right to Win
6.1.1.4.2 Strategic Choices
6.1.1.4.3 Weaknesses and Competitive Threats
6.1.2 Ppg Industries, Inc.
6.1.2.1 Business Overview
6.1.2.2 Products/Solutions/Services Offered
6.1.2.3 Recent Developments
6.1.2.3.1 Deals
6.1.2.3.2 Expansions
6.1.2.4 Analyst's View
6.1.2.4.1 Right to Win
6.1.2.4.2 Strategic Choices
6.1.2.4.3 Weaknesses and Competitive Threats
6.1.3 BASF SE
6.1.3.1 Business Overview
6.1.3.2 Products/Solutions/Services Offered
6.1.3.3 Recent Developments
6.1.3.3.1 Deals
6.1.3.3.2 Expansions
6.1.3.4 Analyst's View
6.1.3.4.1 Right to Win
6.1.3.4.2 Strategic Choices
6.1.3.4.3 Weaknesses and Competitive Threats
6.1.4 The Sherwin-Williams Company
6.1.4.1 Business Overview
6.1.4.2 Products/Solutions/Services Offered
6.1.4.3 Recent Developments
6.1.4.3.1 Deals
6.1.4.4 Analyst's View
6.1.4.4.1 Right to Win
6.1.4.4.2 Strategic Choices
6.1.4.4.3 Weaknesses and Competitive Threats
6.1.5 Akzo Nobel N.V.
6.1.5.1 Business Overview
6.1.5.2 Products/Solutions/Services Offered
6.1.5.3 Recent Developments
6.1.5.3.1 Deals
6.1.5.3.2 Expansions
6.1.5.4 Analyst's View
6.1.5.4.1 Right to Win
6.1.5.4.2 Strategic Choices
6.1.5.4.3 Weaknesses and Competitive Threats
6.1.6 Kansai Paint Co. Ltd.
6.1.6.1 Business Overview
6.1.6.2 Products/Solutions/Services Offered
6.1.6.3 Recent Developments
6.1.6.3.1 Deals
6.1.7 Kcc Corporation
6.1.7.1 Business Overview
6.1.7.2 Products/Solutions/Services Offered
6.1.7.3 Recent Developments
6.1.7.3.1 Deals
6.1.8 Nippon Paint Holdings Co. Ltd.
6.1.8.1 Business Overview
6.1.8.2 Products/Solutions/Services Offered
6.1.8.3 Recent Developments
6.1.8.3.1 Deals
6.1.9 Kapci Coatings
6.1.9.1 Business Overview
6.1.9.2 Products/Solutions/Services Offered
6.1.9.3 Recent Developments
6.1.9.3.1 Deals
6.1.10 Toa Performance Coating Corporation Co. Ltd.
6.1.10.1 Business Overview
6.1.10.2 Products/Solutions/Services Offered
6.1.10.3 Recent Developments
6.1.10.3.1 Deals
6.2 Start-Up/SMEs Players
6.2.1 Rock Paint Co. Ltd.
6.2.2 Maaco Franchising, Inc.
6.2.3 Xiangjiang Paint Technology Co. Ltd.
6.2.4 Berger Paints India Ltd.
6.2.5 Donglai Coating Technology Co. Ltd.
6.2.6 Noroo Paint & Coatings Co. Ltd.
6.2.7 Alsa Corporation
6.2.8 Weg SA
6.2.9 Bernardo Ecenarro SA
6.2.10 Alps Coating Sdn. Bhd.
6.2.11 Russian Coatings Jsc
6.2.12 Novol Sp. Z O.O.
6.2.13 Mipa SE
6.2.14 Hb Body SA
6.2.15 Tersuave
7 Appendix
7.1 Research Methodology
7.1.1 Research Data
7.1.1.1 Secondary Data
7.1.1.2 Primary Data
7.1.2 Assumptions
7.1.3 Research Limitations
7.1.4 Risk Assessment
7.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Automotive Refinish Coatings Market: Market Definitions and Inclusions, by Layer Type
Table 2 Automotive Refinish Coatings Market: Market Definitions and Inclusions, by Resin Type
Table 3 Automotive Refinish Coatings Market: Market Definitions and Inclusions, by Vehicle Type
Table 4 Automotive Refinish Coatings Market: Ecosystem
Table 5 Automotive Refinish Coatings Market:
List of Key Conferences and Events, 2025-2026
Table 6 Patent Status: Patent Applications, Limited Patents, and Granted Patents, 2014-2024
Table 7 List of Major Patents Related to Automotive Refinish Coatings, 2014-2024
Table 8 Patents by BASF SE
Table 9 Overview of Strategies Adopted by Key Lubricant Manufacturers
Table 10 Automotive Refinish Coatings Market: Degree of Competition
Table 11 Automotive Refinish Coatings Market: Region Footprint
Table 12 Automotive Refinish Coatings Market: Resin Type Footprint
Table 13 Automotive Refinish Coatings Market: Layer Type Footprint
Table 14 Automotive Refinish Coatings Market: Vehicle Type Footprint
Table 15 Automotive Refinish Coatings Market: Detailed List of Key Start-Ups/SMEs
Table 16 Automotive Refinish Coatings Market: Competitive Benchmarking of Key Start-Ups/SMEs
Table 17 Automotive Refinish Coatings Market: Deals, January 2019-February 2024
Table 18 Automotive Refinish Coatings Market: Expansions, January 2023-February 2024
Table 19 Automotive Refinish Coatings Market: Other Developments, January 2019-February 2024
Table 20 Axalta Coating Systems LLC: Company Overview
Table 21 Axalta Coating Systems LLC: Products/Solutions/Services Offered
Table 22 Axalta Coating Systems LLC: Deals January 2019-June 2025
Table 23 Axalta Coating Systems LLC: Expansions January 2019-June 2025
Table 24 Axalta Coating Systems LLC: Other Developments January 2019-June 2025
Table 25 Ppg Industries, Inc.: Company Overview
Table 26 Ppg Industries, Inc.: Products/Solutions/Services Offered
Table 27 Ppg Industries, Inc.: Deals January 2019-June 2025
Table 28 Ppg Industries, Inc.: Expansions January 2019-June 2025
Table 29 BASF SE: Company Overview
Table 30 BASF SE: Products/Solutions/Services Offered
Table 31 BASF SE: Deals, January 2019-June 2025
Table 32 BASF SE: Expansions, January 2019-June 2025
Table 33 The Sherwin-Williams Company: Company Overview
Table 34 The Sherwin-Williams Company: Products/Solutions/Services Offered
Table 35 The Sherwin-Williams Company: Deals, January 2019-June 2025
Table 36 Akzo Nobel N.V.: Company Overview
Table 37 Akzo Nobel N.V.: Products/Solutions/Services Offered
Table 38 Akzo Nobel N.V.: Deals, January 2019-June 2025
Table 39 Akzo Nobel N.V.: Expansions, January 2019-June 2025
Table 40 Kansai Paint Co. Ltd.: Company Overview
Table 41 Kansai Paint Co. Ltd.: Products/Solutions/Services Offered
Table 42 Kansai Paint Co. Ltd.: Deals, January 2019-June 2025
Table 43 Kcc Corporation: Company Overview
Table 44 Kcc Corporation: Products/Solutions/Services Offered
Table 45 Kcc Corporation: Deals, January 2019-June 2025
Table 46 Nippon Paint Holdings Co. Ltd.: Company Overview
Table 47 Nippon Paint Holdings Co. Ltd.: Products/Solutions/Services Offered
Table 48 Nippon Paint Holdings Co. Ltd.: Deals, January 2019-June 2025
Table 49 Kapci Coatings: Company Overview
Table 50 Kapci Coatings: Products/Solutions/Services Offered
Table 51 Kapci Coatings: Deals, January 2019-June 2025
Table 52 Toa Performance Coating Corporation Co. Ltd.: Company Overview
Table 53 Toa Performance Coating Corporation Co. Ltd.: Products/Solutions/Services Offered
Table 54 Toa Performance Coating Corporation Co. Ltd.: Deals, January 2019-June 2025
Table 55 Rock Paint Co. Ltd.: Company Overview
Table 56 Maaco Franchising, Inc.: Company Overview
Table 57 Xiangjiang Paint Technology Co. Ltd.: Company Overview
Table 58 Berger Paints India Ltd.: Company Overview
Table 59 Donglai Coating Technology Co. Ltd.: Company Overview
Table 60 Noroo Paint & Coatings Co. Ltd.: Company Overview
Table 61 Alsa Corporation: Company Overview
Table 62 Weg SA: Company Overview
Table 63 Bernardo Ecenarro SA: Company Overview
Table 64 Alps Coating Sdn. Bhd.: Company Overview
Table 65 Russian Coatings Jsc: Company Overview
Table 66 Novol Sp. Z O.O.: Company Overview
Table 67 Mipa SE: Company Overview
Table 68 Hb Body SA: Company Overview
Table 69 Tersuave: Company Overview
Table 70 Automotive Refinish Coatings Market: Risk Assessment
List of Figures
Figure 1 Clearcoat Automotive Refinish Coatings Segment to Account for Largest Share During Forecast Period
Figure 2 Polyurethane Resin Type Dominated Overall Automotive Refinish Coatings Market in 2024
Figure 3 Passenger Cars to be Dominant Consumer of Automotive Refinish Coatings During Forecast Period
Figure 4 Asia-Pacific Accounted for Largest Market Share in 2024
Figure 5 Automotive Refinish Coatings Market: Drivers, Restraints, Opportunities, and Challenges
Figure 6 Automotive Refinish Coatings Market: Porter's Five Forces Analysis
Figure 7 Automotive Refinish Coatings Market: Supply Chain Analysis
Figure 8 Trends/Disruptions Impacting Customer Business
Figure 9 Automotive Refinish Coatings Market: Ecosystem Analysis
Figure 10 Patents Registered for Automotive Refinish Coatings, 2014-2024
Figure 11 Major Patents Related to Automotive Refinish Coatings, 2014-2024
Figure 12 Legal Status of Patents Filed Related to Automotive Refinish Coatings Market, 2014-2024
Figure 13 Maximum Patents Filed in Jurisdiction of China, 2014-2024
Figure 14 Impact of AI/Gen AI on Automotive Refinish Coatings Market
Figure 15 Axalta Coatings Systems LLC Led Automotive Refinish Coatings Market in 2024
Figure 16 Automotive Refinish Coatings Market: Revenue Analysis of Key Players, 2023-2025 (USD Million)
Figure 17 Company Evaluation Matrix: Key Players, 2024
Figure 18 Automotive Refinish Coatings Market: Company Footprint
Figure 19 Company Evaluation Matrix: Start-Ups/SMEs, 2024
Figure 20 Automotive Refinish Coatings Market: Enterprise Valuation (EV) of Key Players
Figure 21 Automotive Refinish Coatings Market: EV/EBITDA of Key Manufacturers
Figure 22 Brand/Product Comparison
Figure 23 Axalta Coating Systems LLC: Company Snapshot
Figure 24 Ppg Industries, Inc.: Company Snapshot
Figure 25 BASF SE: Company Snapshot
Figure 26 The Sherwin-Williams Company: Company Snapshot
Figure 27 Akzo Nobel N.V.: Company Snapshot
Figure 28 Kansai Paint Co. Ltd.: Company Snapshot
Figure 29 Nippon Paint Holdings Co. Ltd.: Company Snapshot
Figure 30 Toa Performance Coating Corporation Co. Ltd.: Company Snapshot
Figure 31 Automotive Refinish Coatings Market: Research Design

Companies Mentioned

  • Axalta Coating Systems LLC
  • Ppg Industries, Inc.
  • BASF SE
  • The Sherwin-Williams Company
  • AkzoNobel N.V.
  • Kansai Paint Co. Ltd.
  • Kcc Corporation
  • Nippon Paint Holdings Co. Ltd.
  • Kapci Coatings
  • Toa Performance Coating Corporation Co. Ltd.
  • Rock Paint Co. Ltd.
  • Maaco Franchising, Inc.
  • Xiangjiang Paint Technology Co. Ltd.
  • Berger Paints India Ltd.
  • Donglai Coating Technology Co. Ltd.
  • Noroo Paint & Coatings Co. Ltd.
  • Alsa Corporation
  • Weg SA
  • Bernardo Ecenarro SA
  • Alps Coating Sdn. Bhd.
  • Russian Coatings Jsc
  • Novol Sp. Z O.O.
  • Mipa SE
  • Hb Body SA
  • Tersuave