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Automotive Refinish Coatings Market By Resin Type (Acrylic, Alkyd, Polyurethane, Others (Epoxy, Nitrocellulose, etc.)), By Technology (Solvent Borne, Water Borne, Others (High Solids and Powder)), By Product (Primer, Basecoat, Topcoat, Fillers, Others (Putty, Activators, etc.)), By Vehicle Age (Less than 5 Years, 5 to 10 Years, More than 10 Years) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Summary
Table Of Content

Rising vehicle maintenance and repair will drive up demand for automotive refinish coatings.

The automotive refinish coatings market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2026. Automotive refinish coatings are products that enhance the appearance of vehicles subjected to accidents and wear-and-tear damages. Moreover, refinish coatings protect the surface of the vehicle from further damage, including UV exposure, stones, debris, pebbles, and extreme temperatures. Rising disposable income and the adoption of newer technologies are expected to propel market growth in terms of maintenance. China leads the world in road accident fatalities, followed by India and Brazil. The lack of proper roads, highways, and safety rules in developing countries is the prime cause of the growing number of accidents. Axalta Coating Systems was expected to be a prominent player, accounting for a quarter of the market in 2017. Axalta’s superior corrosion protection waterborne coatings and lush base coats provide a flawless finish even in the harshest weather and varied road conditions.

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Market Synopsis

Polyurethane coatings are propelling the growth of the automotive refinish coating market.

In 2017, polyurethane resins accounted for the major market value and were projected to maintain their dominance throughout the forecast period. Polyurethane resins are widely deployed in automotive refinish coatings owing to their superior properties, such as exceptional performance in various environmental conditions, as well as resistance to extreme temperatures. Polyurethane allows the paint and coatings to be formulated to superior gloss levels and thus offers a consistent finish and improved self-cleaning through the easy removal of dirt and dust by water. In addition to it, acrylic resins are expected to witness remunerative growth throughout the forecast period owing to their increasing use in paints and coatings due to their excellent aesthetics, performance, and lower costs in terms of price.

Waterborne Coatings Segment to Record the Highest CAGR During the Forecast Period

Waterborne technology is superior compared to solvent-borne technology on account of properties including an environment-friendly nature, accurate mixing, easier blending, superior metallic control, higher opacity, less product needed, and low hazardous waste. Waterborne coatings comprise 80% water content along with small quantities of solvents, including glycol ether. Majorly used waterborne coatings include water-soluble paints, water-dispersible paints, water-based alkyds, and emulsions. Adherence to regulations levied in the U.S. and Europe pertaining to the VOC (volatile organic compound) content in coatings is expected to play a crucial role in driving the waterborne coatings market’s growth. In 2017, the solvent-borne technology segment held the largest market share by value and was expected to maintain its position throughout the forecast period. Axalta Coating System is among the prominent players offering solvent-borne coatings, as these coatings contain a high level of organic compounds that facilitate quick drying and the formation of regular and durable paint films on automotive surfaces. However, recent developments in technology and innovation have led to the development of high-solid formulations. High-solid formulations are widely used owing to their high-quality finish and reduced emissions, which are expected to provide solutions to paint suppliers and automotive refinishers. High-solid coatings are widely used owing to their excellent operational benefits, including easy color blending and easy application of thick and thin coats. Growing demand for high-solids technology on account of environmental benefits such as low VOC and overspray is expected to spur market growth.

During the forecast period, the basecoat product segment will have the highest CAGR.

Automotive basecoat formulations, owing to their lower volatile organic compound (VOC) content and low odor, are particularly used for interior automotive basecoats, which act as a prime factor for market growth. Moreover, basecoats are widely used as automotive refinish coatings owing to their excellent corrosion control, color effects, and superior coverage over metallic surfaces and are expected to drive market growth. Automotive basecoat is applied immediately after primers so as to provide visual properties, color, and improved aesthetic appeal to the product. Basecoats used in automotive refinish coatings are usually divided into metallic, solid, and pearlescent paints. Increasing demand for solid paints in motorcycles, trucks, and cars owing to ease of application coupled with a basic color effect will fuel market growth. Metallic paint is used in automotive refinishing on account of its ability to create grainy and sparkling effects along with a consistent finish on metallic surfaces. Pearlescent paint is the final base coat used in automotive refinishing in order to impart color sparkle and improve the overall look of the automotive product. Activated basecoat creates a cohesive bond with the foundation coat and a glossy finish, thus enhancing market growth.

During the forecast period, the 5 to 10-year-old vehicle age segment will have the highest CAGR.

Consumers tend to spend less on vehicles on account of rising vehicle prices, costly finance schemes, high loan interest rates, and financial glitches. Vehicles aged between 5 and 10 years require more maintenance and repairs, as well as more paint work, due to fading colors and metallic corrosion. This segment is expected to grow at the fastest rate due to the fact that consumers generally install aftermarket paints and equipment in their older vehicles to maintain and refresh them. This is expected to be the key aspect of market growth. The build quality of cars and trucks has drastically improved, leading consumers to retain their existing vehicles. Moreover, road accidents lead to vehicle damage and subsequent unwanted consequences. The automotive refinish coatings market is expected to grow significantly due to repairs due to aging vehicles, increasing road accidents, and demand for aftermarket modifications.

Rapid demand for automotive refinish coatings in Asia Pacific is projected to catapult the market’s growth.

North America, with key players located there, stands out as having a significant market share owing to its robust manufacturing base and the rapid growth of the automotive industry, especially in the U.S. This is projected to augment the demand for vehicle sales and, therefore, drive the need for repair, maintenance, and customization over the upcoming years. Asia Pacific, on the other hand, is widely regarded as the second-fastest-growing market after Europe, owing to the presence of a strong automotive manufacturing base in China, Japan, and India, as well as rising passenger vehicle sales. Less developed road networks, a lack of proper security laws, and the rising need for vehicle maintenance and repair are expected to have a positive impact on the automotive refinish coatings market. However, the development and expansion of road networks in China, India, and Malaysia, amid the commitment of governments towards infrastructure improvement, are expected to decrease vehicle accidents in the region and restrain the market in the near future.

With an investment of €140 million in China, BASF is one of the most promising players in the automotive refinish coatings market.

In December 2017, BASF opened a world-scale automotive coatings plant in Shanghai, China, valued at Euro 140 million. This expansion complemented the existing production facility of an automotive coating plant developed as a joint venture between BASF and Shanghai Huayi Fine Chemical Co., Ltd. This strategic move by BASF will support the growth of the performance coatings business in China. The new plant will help BASF strengthen its market position in the entire Asian economy by increasing the local production capacity of waterborne coatings and providing support to customer industries. Other notable players in the market include Nippon Paints, Kansai Paint, Valspar Corporation, KCC Corporation, and Berger Paints.

Periods of History and Forecast

2016 : historic year.

2017: Base Year

2018–2026 : Forecast Period

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The automotive refinish coatings market report presents the current market dynamics along with a quantitative analysis of the global market. The report elucidates the detailed outline of the global automotive refinish coatings market by categorizing the market in terms of resin type, technology, product, vehicle age, and geography. The objective of publishing this extensive research report is to aid chemical and coating professionals and market stakeholders in making better decisions and taking strategic initiatives in the automotive refinish coatings market.

Resin Type Segment (2016-2026; Kilotons; US Dollar Millions)

Acrylic
Alkyd
Polyurethane
Others (epoxy, nitrocellulose, etc.)

Technology Segment (2016-2026; Kilotons, US Dollar Millions)

Solvent Borne
Water Borne
Others (high solids and powder)

Product Segment (2016-2026; Kilotons, US Dollar Millions)

Primer
Basecoat
Topcoat
Fillers
Others (Putty, Activators, etc.)

Vehicle Age Segment (2016-2026; Kilotons, US Dollar Millions)

Less than five years
5 to 10 years
More than ten years

Geography Segment (2016-2026; Kilotons, US Dollar Millions)

North America

- United States
- Canada
Europe
- Germany
- UK
- France
- Rest of Europe
Asia-Pacific (APAC)
- Japan
- China
- India
- Rest of APAC
Latin America (LATAM)
- Brazil
- Mexico
- rest of Latin America
Middle East and Africa (MEA)
- GCC
- the remainder of MEA

This research report further describes the major qualitative market assessment factors, including key market trends, market drivers, and market restraints, to aid in a better understanding of the global automotive refinish coatings market. Each market assessment factor, including market drivers, challenges, and opportunities, is extensively explained, considering the current market scenario. This report graphically maps the market players based on their market initiatives and strategies, product offerings, and business strengths. Furthermore, the report provides an attractive investment proposition based on extensive geographical research. Key players profiled in the report include Axalta Coating Systems, AkzoNobel, BASF SE, Bayer AG, Berger Paints, Clariant, Kansai Paints, KCC Corporation, Nippon Paints, PPG Industries, and Valspar Corporation.

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Key questions are answered in this report.

What are the current market trends in the automotive refinish coatings market, and what opportunities exist for players?
How does the regulatory framework affect global as well as regional markets?
Which are the prominent technologies and recent innovations in the market?
Which is the most successful business model implemented in the market?
How do the regulations over the volatile organic compound emissions from automobile refinishing affect the overall market?
What are the market size and trend in emerging markets such as China, India, and Brazil?
Which are the prime coatings consumed in different geographies?
What is the most promising upcoming technology?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offering
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase II-Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Automotive Refinish Coatings Market Snapshot
2.2. Global Automotive Refinish Coatings Market, by Resin Type, 2017
2.3. Global Automotive Refinish Coatings Market, by Technology, 2017
2.4. Global Automotive Refinish Coatings Market, by Product, 2017
2.5. Global Automotive Refinish Coatings Market, by Vehicle Age, 2017
2.6. Global Automotive Refinish Coatings Market, by Geography, 2017

Chapter 3. Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Attractive Investment Proposition, by Geography
3.4. Competitive Landscape: Market positioning of key players, 2017

Chapter 4. Global Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
4.1. Overview
4.1.1. Market Share Analysis (Value, %), by Resin Type, 2017 vs. 2026
4.2. Acrylic
4.3. Alkyd
4.4. Polyurethane
4.5. Others (Epoxy, Nitrocellulose, etc.)

Chapter 5. Global Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
5.1. Overview
5.1.1. Market Share Analysis (Value, %), by Technology, 2017 vs. 2026
5.2. Solvent-Borne
5.3. Water-Borne
5.4. Others (High Solids and Powder)

Chapter 6. Global Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
6.1. Overview
6.1.1. Market Share Analysis (Value, %), by Product, 2017 vs. 2026
6.2. Primer
6.3. Basecoat
6.4. Topcoat
6.5. Fillers
6.6. Others (Putty, Activators, etc.)

Chapter 7. Global Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
7.1. Overview
7.1.1. Market Share Analysis (Value, %), by Vehicle Age, 2017 vs. 2026
7.2. Less than 5 years,
7.3. 5 to 10 years
7.4. More than 10 years

Chapter 8. Global Automotive Refinish Coatings Market, by Geography, 2016 – 2026 (Kilotons, US$ Mn)
8.1. Overview
8.1.1. Market Share Analysis (Value, %), by Geography, 2017 vs. 2026
8.2. North America Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.2.1. North America Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.2.2. North America Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.2.3. North America Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.2.4. North America Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.2.5. North America Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
8.2.5.1. U.S.
8.2.5.2. Canada
8.3. Europe Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.3.1. Europe Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.3.2. Europe Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.3.3. Europe Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.3.4. Europe Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.3.5. Europe Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
8.3.5.1. France
8.3.5.2. UK
8.3.5.3. Germany
8.3.5.4. Rest of Europe
8.4. Asia Pacific Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.4.1. Asia Pacific Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.4.2. Asia Pacific Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.4.3. Asia Pacific Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.4.4. Asia Pacific Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.4.5. Asia Pacific Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
8.4.5.1. Japan
8.4.5.2. China
8.4.5.3. India
8.4.5.4. Rest of APAC
8.5. Latin America Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.5.1. Latin America Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.5.2. Latin America Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.5.3. Latin America Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.5.4. Latin America Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.5.5. Latin America Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
8.5.5.1. Brazil
8.5.5.2. Mexico
8.5.5.3. Rest of Latin America
8.6. Middle East & Africa (MEA) Automotive Refinish Coatings Market Analysis, 2016 – 2026
8.6.1. Middle East and Africa Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
8.6.2. Middle East and Africa Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
8.6.3. Middle East and Africa Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
8.6.4. Middle East and Africa Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
8.6.5. Middle East and Africa Automotive Refinish Coatings Market, by Region, 2016 – 2026 (Kilotons, US$ Mn)
8.6.5.1. GCC
8.6.5.2. Rest of MEA

Chapter 9. Company Profiles
9.1. Axalta Coating Systems
9.1.1. Business Description
9.1.2. Financial Information (Subject to data availability)
9.1.3. Product Portfolio
9.1.4. Key Developments
9.2. AkzoNobel
9.3. BASF SE
9.4. Bayer AG
9.5. Berger Paints
9.6. Clariant
9.7. Kansai Paints
9.8. KCC Corporation
9.9. Nippon Paints
9.10. PPG Industries
9.11. Valspar Corporation
9.12. Other Notable Players

List of Figures

FIG. 1 Global Automotive Refinish Coatings: Market Segmentation
FIG. 2 Global Automotive Refinish Coatings Market by Resin Type, 2017 (Kilotons, US$ Mn),
FIG. 3 Global Automotive Refinish Coatings Market, by Technology, 2017 (Kilotons, US$ Mn)
FIG. 4 Global Automotive Refinish Coatings Market, by Product, 2017 (Kilotons, US$ Mn)
FIG. 5 Global Automotive Refinish Coatings Market, by Vehicle Age, 2017 (Kilotons, US$ Mn)
FIG. 6 Global Automotive Refinish Coatings Market, by Geography, 2017 (Kilotons, US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography
FIG. 8 Competitive Landscape: Market positioning of key players, 2017
FIG. 9 Global Automotive Refinish Coatings Market Value, by Resin Type, 2017 (Share %)
FIG. 10 Global Acrylic Automotive Refinish Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 11 Global Alkyd Automotive Refinish Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 12 Global Polyurethane Automotive Refinish Coatings Market Share, by Technology, 2017 vs. 2026 (Value %)
FIG. 13 Global Others Automotive Refinish Coatings Market, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 14 Global Automotive Refinish Coatings Market Share, by Technology, 2017 vs. 2026 (Value %)
FIG. 15 Global Automotive Refinish Coatings Market by Solvent Borne, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 16 Global Automotive Refinish Coatings Market by Water Borne, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 17 Global Automotive Refinish Coatings Market by Others, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 18 Global Automotive Refinish Coatings Market Share, by Product, 2017 vs. 2026 (Value %)
FIG. 19 Global Automotive Refinish Coatings Market by Primer, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 20 Global Automotive Refinish Coatings Market by Basecoat, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 21 Global Automotive Refinish Coatings Market by Topcoat, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 22 Global Automotive Refinish Coatings Market by Filler, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 23 Global Automotive Refinish Coatings Market by Others, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 24 Global Automotive Refinish Coatings Market Share, by Vehicle Age, 2017 vs. 2026 (Value %)
FIG. 25 Global Automotive Refinish Coatings Market by less than 5 Years, 2016 – 2026 (Kilotons, US$ Mn)
FIG. 26 Global Automotive Refinish Coatings Market by 5 to 10 Years 2016 – 2026 (Kilotons, US$ Mn)
FIG. 27 Global Automotive Refinish Coatings Market by more than 10 Years 2016 – 2026 (Kilotons, US$ Mn)
FIG. 28 Global Automotive Refinish Coatings Market, by Geography, 2017 (Value %)

List of Tables

TABLE 1 Market Snapshot: Global Automotive Refinish Coatings Market Value
TABLE 2 Global Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 3 Global Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 4 Global Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 5 Global Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 6 Global Automotive Refinish Coatings Market, by Geography, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 7 North America Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 8 North America Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 9 North America Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 10 North America Automotive Refinish Coatings Market, by Vehicle Age 2016 – 2026 (Kilotons, US$ Mn)
TABLE 11 North America Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 12 Europe Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 13 Europe Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 14 Europe Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 15 Europe Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 16 Europe Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 17 Asia Pacific Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 18 Asia Pacific Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 19 Asia-Pacific Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 20 Asia-Pacific Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 21 Asia Pacific Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 22 Latin America Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 23 Latin America Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 24 Latin America Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 25 Latin America Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 26 Latin America Automotive Refinish Coatings Market, by Country, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 27 Middle East and Africa Automotive Refinish Coatings Market, by Resin Type, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 28 Middle East and Africa Automotive Refinish Coatings Market, by Technology, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 29 Middle East and Africa Automotive Refinish Coatings Market, by Product, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 30 Middle East and Africa Automotive Refinish Coatings Market, by Vehicle Age, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 31 Middle East and Africa Automotive Refinish Coatings Market, by Region, 2016 – 2026 (Kilotons, US$ Mn)
TABLE 32 Axalta Coating Systems: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 AkzoNobel.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 34 BASF SE: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 35 Bayer AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 36 Berger Paints: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 37 Clariant: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 38 Kansai Paints: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 39 KCC Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 40 Nippon Paints: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 41 PPG Industries: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 42 Valspar Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

Frequently Asked Questions:

Automotive Refinish Coatings Market Size | Global Analysis & Forecast 2026

The market for Automotive Refinish Coatings is expected to reach US$ 9,494.5 Mn in 2026.

What is the Automotive Refinish Coatings Market CAGR?

The Automotive Refinish Coatings market is expected to see significant CAGR growth over the coming years, at 6.5%.

What is the Forecast period considered for Automotive Refinish Coatings Market?

The report is forecasted from 2018-2026.

What is the base year considered for Automotive Refinish Coatings Market?

The base year of this report is 2017.

Who are the major players in this Market?

Axalta Coating Systems, Akzo Nobel, BASF SE, Bayer AG, Berger Paints are some of the major players in the global market.

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Rising vehicle maintenance and repair will drive up demand for automotive refinish coatings.

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Market Synopsis

Polyurethane coatings are propelling the growth of the automotive refinish coating market.

Waterborne Coatings Segment to Record the Highest CAGR During the Forecast Period

During the forecast period, the basecoat product segment will have the highest CAGR.

During the forecast period, the 5 to 10-year-old vehicle age segment will have the highest CAGR.

Rapid demand for automotive refinish coatings in Asia Pacific is projected to catapult the market’s growth.

With an investment of €140 million in China, BASF is one of the most promising players in the automotive refinish coatings market.

Periods of History and Forecast

Report Scope by Segments

Resin Type Segment (2016-2026; Kilotons; US Dollar Millions)

Technology Segment (2016-2026; Kilotons, US Dollar Millions)

Product Segment (2016-2026; Kilotons, US Dollar Millions)

Vehicle Age Segment (2016-2026; Kilotons, US Dollar Millions)

Geography Segment (2016-2026; Kilotons, US Dollar Millions)

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Key questions are answered in this report.

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Rising vehicle maintenance and repair will drive up demand for automotive refinish coatings.

Access crucial information at unmatched prices!

Market Synopsis

Polyurethane coatings are propelling the growth of the automotive refinish coating market.

Waterborne Coatings Segment to Record the Highest CAGR During the Forecast Period

During the forecast period, the basecoat product segment will have the highest CAGR.

During the forecast period, the 5 to 10-year-old vehicle age segment will have the highest CAGR.

Rapid demand for automotive refinish coatings in Asia Pacific is projected to catapult the market’s growth.

With an investment of €140 million in China, BASF is one of the most promising players in the automotive refinish coatings market.

Periods of History and Forecast

Report Scope by Segments

Resin Type Segment (2016-2026; Kilotons; US Dollar Millions)

Technology Segment (2016-2026; Kilotons, US Dollar Millions)

Product Segment (2016-2026; Kilotons, US Dollar Millions)

Vehicle Age Segment (2016-2026; Kilotons, US Dollar Millions)

Geography Segment (2016-2026; Kilotons, US Dollar Millions)

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