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Automotive Paints and Coatings-Global Market Insights and Sales Trends 2025

Automotive Paints and Coatings-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1835382

No of Pages : 110

Synopsis
Automotive coatings, like most Other, are used mainly to provide protection and decoration. Water-based acrylic polyurethane enamel paint is currently the most widely used paint for reasons including reducing paint's environmental impact. Modern automobile paint is applied in several layers, with a total thickness of around 100 µm(0.2mm). Paint application requires preparation and primer steps to ensure proper application. A basecoat is applied after the primer paint is applied. Following this, a clearcoat of paint may be applied that forms a glossy and transparent coating. The clearcoat layer must be able to withstand UV light.
The global Automotive Paints and Coatings market size is expected to reach US$ 20940 million by 2029, growing at a CAGR of 1.0% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Paints and Coatings in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Automotive Paints and Coatings market. Water-based Coating, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solvent Coatings segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Paints and Coatings, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Paints and Coatings market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Paints and Coatings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Paints and Coatings sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Paints and Coatings covered in this report include Akzonobel, BASF, Axalta Coating Systems, Cabot, Donglai Coating Technology, Eastman, Teknos, Nippon Paint Holdings and PPG Industries, etc.
The global Automotive Paints and Coatings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Akzonobel
BASF
Axalta Coating Systems
Cabot
Donglai Coating Technology
Eastman
Teknos
Nippon Paint Holdings
PPG Industries
Kansai Paint
Sherwin-Williams Company
KCC Paint
Covestro
Solvay
Valspar
Strong Chemical
Kinlita
YATU
Global Automotive Paints and Coatings market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Paints and Coatings market, Segment by Type:
Water-based Coating
Solvent Coatings
Powder Coatings
Others
Global Automotive Paints and Coatings market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Paints and Coatings manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Paints and Coatings in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Automotive Paints and Coatings Market Overview
1.1 Automotive Paints and Coatings Product Overview
1.2 Automotive Paints and Coatings Market Segment by Type
1.2.1 Water-based Coating
1.2.2 Solvent Coatings
1.2.3 Powder Coatings
1.2.4 Others
1.3 Global Automotive Paints and Coatings Market Size by Type
1.3.1 Global Automotive Paints and Coatings Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Paints and Coatings Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Paints and Coatings Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Paints and Coatings Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Paints and Coatings Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Paints and Coatings Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Paints and Coatings Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Paints and Coatings Sales Breakdown by Type (2018-2023)
2 Global Automotive Paints and Coatings Market Competition by Company
2.1 Global Top Players by Automotive Paints and Coatings Sales (2018-2023)
2.2 Global Top Players by Automotive Paints and Coatings Revenue (2018-2023)
2.3 Global Top Players by Automotive Paints and Coatings Price (2018-2023)
2.4 Global Top Manufacturers Automotive Paints and Coatings Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Paints and Coatings Market Competitive Situation and Trends
2.5.1 Automotive Paints and Coatings Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Paints and Coatings Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Paints and Coatings as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Paints and Coatings Market
2.8 Key Manufacturers Automotive Paints and Coatings Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Paints and Coatings Status and Outlook by Region
3.1 Global Automotive Paints and Coatings Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Paints and Coatings Historic Market Size by Region
3.2.1 Global Automotive Paints and Coatings Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Paints and Coatings Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Paints and Coatings Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Paints and Coatings Forecasted Market Size by Region
3.3.1 Global Automotive Paints and Coatings Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Paints and Coatings Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Paints and Coatings Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Paints and Coatings by Application
4.1 Automotive Paints and Coatings Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Automotive Paints and Coatings Market Size by Application
4.2.1 Global Automotive Paints and Coatings Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Paints and Coatings Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Paints and Coatings Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Paints and Coatings Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Paints and Coatings Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Paints and Coatings Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Paints and Coatings Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Paints and Coatings Sales Breakdown by Application (2018-2023)
5 North America Automotive Paints and Coatings by Country
5.1 North America Automotive Paints and Coatings Historic Market Size by Country
5.1.1 North America Automotive Paints and Coatings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Paints and Coatings Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Paints and Coatings Sales in Value by Country (2018-2023)
5.2 North America Automotive Paints and Coatings Forecasted Market Size by Country
5.2.1 North America Automotive Paints and Coatings Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Paints and Coatings Sales in Value by Country (2024-2029)
6 Europe Automotive Paints and Coatings by Country
6.1 Europe Automotive Paints and Coatings Historic Market Size by Country
6.1.1 Europe Automotive Paints and Coatings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Paints and Coatings Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Paints and Coatings Sales in Value by Country (2018-2023)
6.2 Europe Automotive Paints and Coatings Forecasted Market Size by Country
6.2.1 Europe Automotive Paints and Coatings Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Paints and Coatings Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Paints and Coatings by Region
7.1 Asia-Pacific Automotive Paints and Coatings Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Paints and Coatings Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Paints and Coatings Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Paints and Coatings Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Paints and Coatings Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Paints and Coatings Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Paints and Coatings Sales in Value by Region (2024-2029)
8 Latin America Automotive Paints and Coatings by Country
8.1 Latin America Automotive Paints and Coatings Historic Market Size by Country
8.1.1 Latin America Automotive Paints and Coatings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Paints and Coatings Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Paints and Coatings Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Paints and Coatings Forecasted Market Size by Country
8.2.1 Latin America Automotive Paints and Coatings Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Paints and Coatings Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Paints and Coatings by Country
9.1 Middle East and Africa Automotive Paints and Coatings Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Paints and Coatings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Paints and Coatings Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Paints and Coatings Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Paints and Coatings Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Paints and Coatings Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Paints and Coatings Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Akzonobel
10.1.1 Akzonobel Company Information
10.1.2 Akzonobel Introduction and Business Overview
10.1.3 Akzonobel Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Akzonobel Automotive Paints and Coatings Products Offered
10.1.5 Akzonobel Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Automotive Paints and Coatings Products Offered
10.2.5 BASF Recent Development
10.3 Axalta Coating Systems
10.3.1 Axalta Coating Systems Company Information
10.3.2 Axalta Coating Systems Introduction and Business Overview
10.3.3 Axalta Coating Systems Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Axalta Coating Systems Automotive Paints and Coatings Products Offered
10.3.5 Axalta Coating Systems Recent Development
10.4 Cabot
10.4.1 Cabot Company Information
10.4.2 Cabot Introduction and Business Overview
10.4.3 Cabot Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Cabot Automotive Paints and Coatings Products Offered
10.4.5 Cabot Recent Development
10.5 Donglai Coating Technology
10.5.1 Donglai Coating Technology Company Information
10.5.2 Donglai Coating Technology Introduction and Business Overview
10.5.3 Donglai Coating Technology Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Donglai Coating Technology Automotive Paints and Coatings Products Offered
10.5.5 Donglai Coating Technology Recent Development
10.6 Eastman
10.6.1 Eastman Company Information
10.6.2 Eastman Introduction and Business Overview
10.6.3 Eastman Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Eastman Automotive Paints and Coatings Products Offered
10.6.5 Eastman Recent Development
10.7 Teknos
10.7.1 Teknos Company Information
10.7.2 Teknos Introduction and Business Overview
10.7.3 Teknos Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Teknos Automotive Paints and Coatings Products Offered
10.7.5 Teknos Recent Development
10.8 Nippon Paint Holdings
10.8.1 Nippon Paint Holdings Company Information
10.8.2 Nippon Paint Holdings Introduction and Business Overview
10.8.3 Nippon Paint Holdings Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nippon Paint Holdings Automotive Paints and Coatings Products Offered
10.8.5 Nippon Paint Holdings Recent Development
10.9 PPG Industries
10.9.1 PPG Industries Company Information
10.9.2 PPG Industries Introduction and Business Overview
10.9.3 PPG Industries Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.9.4 PPG Industries Automotive Paints and Coatings Products Offered
10.9.5 PPG Industries Recent Development
10.10 Kansai Paint
10.10.1 Kansai Paint Company Information
10.10.2 Kansai Paint Introduction and Business Overview
10.10.3 Kansai Paint Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Kansai Paint Automotive Paints and Coatings Products Offered
10.10.5 Kansai Paint Recent Development
10.11 Sherwin-Williams Company
10.11.1 Sherwin-Williams Company Company Information
10.11.2 Sherwin-Williams Company Introduction and Business Overview
10.11.3 Sherwin-Williams Company Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sherwin-Williams Company Automotive Paints and Coatings Products Offered
10.11.5 Sherwin-Williams Company Recent Development
10.12 KCC Paint
10.12.1 KCC Paint Company Information
10.12.2 KCC Paint Introduction and Business Overview
10.12.3 KCC Paint Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.12.4 KCC Paint Automotive Paints and Coatings Products Offered
10.12.5 KCC Paint Recent Development
10.13 Covestro
10.13.1 Covestro Company Information
10.13.2 Covestro Introduction and Business Overview
10.13.3 Covestro Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Covestro Automotive Paints and Coatings Products Offered
10.13.5 Covestro Recent Development
10.14 Solvay
10.14.1 Solvay Company Information
10.14.2 Solvay Introduction and Business Overview
10.14.3 Solvay Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Solvay Automotive Paints and Coatings Products Offered
10.14.5 Solvay Recent Development
10.15 Valspar
10.15.1 Valspar Company Information
10.15.2 Valspar Introduction and Business Overview
10.15.3 Valspar Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Valspar Automotive Paints and Coatings Products Offered
10.15.5 Valspar Recent Development
10.16 Strong Chemical
10.16.1 Strong Chemical Company Information
10.16.2 Strong Chemical Introduction and Business Overview
10.16.3 Strong Chemical Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Strong Chemical Automotive Paints and Coatings Products Offered
10.16.5 Strong Chemical Recent Development
10.17 Kinlita
10.17.1 Kinlita Company Information
10.17.2 Kinlita Introduction and Business Overview
10.17.3 Kinlita Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Kinlita Automotive Paints and Coatings Products Offered
10.17.5 Kinlita Recent Development
10.18 YATU
10.18.1 YATU Company Information
10.18.2 YATU Introduction and Business Overview
10.18.3 YATU Automotive Paints and Coatings Sales, Revenue and Gross Margin (2018-2023)
10.18.4 YATU Automotive Paints and Coatings Products Offered
10.18.5 YATU Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Paints and Coatings Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Paints and Coatings Industrial Chain Analysis
11.4 Automotive Paints and Coatings Market Dynamics
11.4.1 Automotive Paints and Coatings Industry Trends
11.4.2 Automotive Paints and Coatings Market Drivers
11.4.3 Automotive Paints and Coatings Market Challenges
11.4.4 Automotive Paints and Coatings Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Paints and Coatings Distributors
12.3 Automotive Paints and Coatings Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

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