Automotive coatings market is anticipated to reach USD 35.82 billion by 2026. Escalating demand for coating materials in automobiles owing to its growing popularity of protecting car paints from extreme heat, acid rain, dust, UV radiations etc. along with its inherent characteristics of enhancing vehicle appearance are expected to be the major factors driving the demand for automotive coatings. These products are used for coating surfaces of automobiles and are capable of producing long-lasting surfaces in automobile satisfying customers’ needs along with maximizing efficiencies, enhancing appearance and meeting environmental regulations.
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Automotive coatings market Opportunities, Key-Players, Revenue, Emerging-Trends, Business-Strategy Till 2026
1. Automotive coatings market Opportunities, Key-Players,
Revenue, Emerging-Trends, Business-Strategy Till 2026
Automotive coatings market is anticipated to reach USD 35.82 billion by 2026. Escalating
demand for coating materials in automobiles owing to its growing popularity of protecting car
paints from extreme heat, acid rain, dust, UV radiations etc. along with its inherent
characteristics of enhancing vehicle appearance are expected to be the major factors driving
the demand for automotive coatings. These products are used for coating surfaces of
automobiles and are capable of producing long-lasting surfaces in automobile satisfying
customers’ needs along with maximizing efficiencies, enhancing appearance and meeting
environmental regulations.
Some of the leading industry participants in this category of coating production globally
includes Solvay, DSM, Lord Corporation, Jotun A/S, Eastman Chemical Company, Clariant AG,
Cabot Corporation, Berger Paints, Beckers Group, Arkema SA, Sherwin-Williams Company,
AkzoNobel, Valspar Corporation, KCC Paint, Bayer AG, Nippon Paint, Kansai Paint, PPG
Industries, BASF and Axalta Coating Systems.
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Current trends for automotive coating and its application process are aggravated by its
shrinking cost of manufacturing, delivering buyer satisfaction by means of corrosion protection
and enhancing aesthetic features, along with mitigating environmental concerns. Tremendous
quantity of consideration has already been put into the current used automobile coating
systems, and they carry a level of sophistication that has been satisfying most customers
globally. The advent of the new smart coatings has almost alleviated the problem of corrosion,
appearance and durability of car topcoats making them perfectly acceptable for lifetime of any
vehicle. The emergence of two-layer topcoats worldwide and the gloss, color, and chip
resistance offered by these products remains functional in its first seven to ten years of use.
2. These products confront to almost every limitless environmental assault. Targeting specific
customers’ expectations, along with maximizing the efficiencies and compiling environmental
regulations with the new processes, are expected to augment demands for these products.
Global Automotive coatings market report can help you to:
Utilize information to drive your business decisions
Recognize changes in demand
Mitigate risk in your business decisions
Understand your customers and their preferences
Identify competitors and Monitor the competition in your market
Get information on how your competitors operate
Find the best business location
Identify opportunities to grow and increase profits
Offer new products or services for the new demand
Find new markets within and outside of your country
Recognize and plan for industry and economic shifts
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Asia Pacific is expected to emerge as the largest regional market by 2026. Presence of an
established automobile manufacturing base in many nations of the region along with India’s
increasing automobile production along with the other Southeast Asian countries are the major
factors driving the industry. Several research and development projects undertaken by many
industry participants along with universities have been the major factors for the developing
high performance automotive coating materials market of the region. Presence of a well-
established automobile manufacturing base in the U.S. and significantly growing automobile
production market especially in Mexico and Canada apart from the U.S. are the major factors
driving the North American industry.
Table of Contents:
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. 3. Automotive coatingsMarket Insights
3.1. Automotive coatings– Industry snapshot
3.2. Automotive coatings -Ecosystem analysis
3.3. Automotive coatings market dynamics
3.3.1. Automotive coatings– Market Forces
3.3.1.1. Automotive coatings Market driver analysis
3.3.1.2. Automotive coatings Market restraint/challenges analysis
3.3.1.3. Automotive coatings Market opportunity analysis
3.3.2. Industry analysis - Porter's five force
3.3.2.1. Bargaining power of supplier
3.3.2.2. Bargaining power of buyer
3.3.2.3. Threat of substitute
3.3.2.4. Threat of new entrant
3.3.2.5. Degree of competition
3.3.3. Automotive coatings market PEST analysis, 2017
3.3.4. Automotive coatings market Value Chain analysis
3.3.5. Automotive coatings Industry trends
3.3.6. Competitive Ranking Analysis
4. Automotive coatings Market Size and Forecast by Technology Type
4.1. Key Findings
4.2. Water-Borne
4.2.1. Global Market Estimates and Forecasts, 2017-2026
4.3. Solvent-Borne
4.3.1. Global Market Estimates and Forecasts, 2017-2026
4.4. Powder Coating
4.4.1. Global Market Estimates and Forecasts, 2017-2026
4.5. Others
4.5.1. Global Market Estimates and Forecasts, 2017-2026
5. Automotive coatings Market Size and Forecast by Product Type
and continue………
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reliable forecast data. Alexa Reports is a globally celebrated premium market research service
provider, with a strong legacy of empowering business with years of experience. We help our
clients by implementing decision support system through progressive statistical surveying, in-
depth market analysis, and reliable forecast data.