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According to Stratistics MRC, the Global Automotive Paints Market is accounted for $8.09 billion in 2017 and is expected to reach $11.55 billion by 2026 growing at a CAGR of 4.0% during the forecast period. Increasing vehicle production, rising production volumes of passenger and commercial vehicles, expansion in automotive refinished market and rising demand for carbon footprint technologies are some factors fuelling the market. However, decreasing paint wastage throughout the paint production, huge cost of raw materials are restricting the growth of the market. Strict government regulations regarding growing environmental awareness is one of the major opportunities for the growth of the automotive paints market.
Automotive Paint imparts a decent surface and rich appearance to the interior and also exterior parts of the vehicle. Apart from enhancing the aesthetical appearance of the vehicle, paint likewise shields the vehicle from corrosive downpours, UV beams, oxidization, and consumption. The quality and consistency of the automotive paint and the rich feel that the paint grants to the vehicle is an eye- catching highlight which assumes an vital part in attracting consumers toward the vehicle. Automotive paint comprises a pigment, thinner, and a binder. Most vehicle paint structure, as of now, contain a preliminary coat, trailed by a layer of paint and after that a final clear coat for accomplishing a decent and consistent finish over the surface of the vehicle.
By resin type, polyurethane segment is driven by its wide use in clearcoat and basecoat. It is preferred in clearcoat and basecoat layers suitable to its outstanding weather, corrosion, and mechanical resistance. The utilization of the polyurethane has mostly appeared as a requirement to distinguish products to facilitate changeable performance.
Based on geography, Asia Pacific commanded the largest market share during the forecast period owing to the rising vehicle production and the tough occurrence of well-established vehicle manufacturers in few countries of Asia Pacific such as China, Japan, and South Korea.
Some of the key players in the automotive paints market include 3M, Akzonobel, Axalta, ASF, Covestro, DOW Chemical, Kansai, KCC, Nippon Paint, PPG, Sherwin Williams, Solvay, alspar, Berger Paints and Beckers Group.
Painting Equipment Types Covered:
• Electrostatic Spray Gun
• Airless Spray Gun
Paint Types Covered:
• Clearcoat
• Electrocoat
• Basecoat
• Primer
• Metallic Paint
• Nonmetallic Paint
• Other Paint Types
Technologies Covered:
• Powder Coating
• Solvent-Borne
• Waterborne
• Electrocoat
Textures Covered:
• Solar Reflective Paints
• Matte Finish Paints
• Solid Texture
• Metallic Texture
• Pearlescent Paints
Resin Types Covered:
• Acrylic
• Polyurethane
• Epoxy
• Other Resins
Vehicle Types Covered:
• Buses
• Trucks
• Passenger Car
• Light Commercial Vehicle
Regions Covered:
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Paints Market, By Painting Equipment Type
5.1 Introduction
5.2 Electrostatic Spray Gun
5.3 Airless Spray Gun
6 Global Automotive Paints Market, By Paint Type
6.1 Introduction
6.2 Clearcoat
6.3 Electrocoat
6.4 Basecoat
6.5 Primer
6.6 Metallic Paint
6.7 Nonmetallic Paint
6.8 Other Paint Types
7 Global Automotive Paints Market, By Technology
7.1 Introduction
7.2 Powder Coating
7.3 Solvent-Borne
7.4 Waterborne
7.5 Electrocoat
8 Global Automotive Paints Market, By Texture
8.1 Introduction
8.2 Solar Reflective Paints
8.3 Matte Finish Paints
8.4 Solid Texture
8.5 Metallic Texture
8.6 Pearlescent Paints
9 Global Automotive Paints Market, By Resin Type
9.1 Introduction
9.2 Acrylic
9.3 Polyurethane
9.4 Epoxy
9.5 Other Resins
10 Global Automotive Paints Market, By Vehicle Type
10.1 Introduction
10.2 Buses
10.3 Trucks
10.4 Passenger Car
10.5 Light Commercial Vehicle
11 Global Automotive Paints Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 3M
13.2 Akzonobel
13.3 Axalta
13.4 BASF
13.5 Covestro
13.6 DOW Chemical
13.7 Kansai
13.8 KCC
13.9 Nippon Paint
13.10 PPG
13.11 Sherwin Williams
13.12 Solvay
13.13 Valspar
13.13 Berger Paints
13.15 Beckers Group
List of Tables
1 Global Automotive Paints Market Outlook, By Region (2016-2026) (US $MN)
2 Global Automotive Paints Market Outlook, By Painting Equipment Type (2016-2026) (US $MN)
3 Global Automotive Paints Market Outlook, By Electrostatic Spray Gun (2016-2026) (US $MN)
4 Global Automotive Paints Market Outlook, By Airless Spray Gun (2016-2026) (US $MN)
5 Global Automotive Paints Market Outlook, By Paint Type (2016-2026) (US $MN)
6 Global Automotive Paints Market Outlook, By Clearcoat (2016-2026) (US $MN)
7 Global Automotive Paints Market Outlook, By Electrocoat (2016-2026) (US $MN)
8 Global Automotive Paints Market Outlook, By Basecoat (2016-2026) (US $MN)
9 Global Automotive Paints Market Outlook, By Primer (2016-2026) (US $MN)
10 Global Automotive Paints Market Outlook, By Metallic Paint (2016-2026) (US $MN)
11 Global Automotive Paints Market Outlook, By Nonmetallic Paint (2016-2026) (US $MN)
12 Global Automotive Paints Market Outlook, By Other Paint Types (2016-2026) (US $MN)
13 Global Automotive Paints Market Outlook, By Technology (2016-2026) (US $MN)
14 Global Automotive Paints Market Outlook, By Powder Coating (2016-2026) (US $MN)
15 Global Automotive Paints Market Outlook, By Solvent-Borne (2016-2026) (US $MN)
16 Global Automotive Paints Market Outlook, By Waterborne (2016-2026) (US $MN)
17 Global Automotive Paints Market Outlook, By Electrocoat (2016-2026) (US $MN)
18 Global Automotive Paints Market Outlook, By Texture (2016-2026) (US $MN)
19 Global Automotive Paints Market Outlook, By Solar Reflective Paints (2016-2026) (US $MN)
20 Global Automotive Paints Market Outlook, By Matte Finish Paints (2016-2026) (US $MN)
21 Global Automotive Paints Market Outlook, By Solid Texture (2016-2026) (US $MN)
22 Global Automotive Paints Market Outlook, By Metallic Texture (2016-2026) (US $MN)
23 Global Automotive Paints Market Outlook, By Pearlescent Paints (2016-2026) (US $MN)
24 Global Automotive Paints Market Outlook, By Resin Type (2016-2026) (US $MN)
25 Global Automotive Paints Market Outlook, By Acrylic (2016-2026) (US $MN)
26 Global Automotive Paints Market Outlook, By Polyurethane (2016-2026) (US $MN)
27 Global Automotive Paints Market Outlook, By Epoxy (2016-2026) (US $MN)
28 Global Automotive Paints Market Outlook, By Other Resins (2016-2026) (US $MN)
29 Global Automotive Paints Market Outlook, By Vehicle Type (2016-2026) (US $MN)
30 Global Automotive Paints Market Outlook, By Buses (2016-2026) (US $MN)
31 Global Automotive Paints Market Outlook, By Trucks (2016-2026) (US $MN)
32 Global Automotive Paints Market Outlook, By Passenger Car (2016-2026) (US $MN)
33 Global Automotive Paints Market Outlook, By Light Commercial Vehicle (2016-2026) (US $MN)
NOTE: North America, Europe, Asia Pacific, South America and Middle East & Africa are continued in the same manner
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