In accordance with this study, the Global Automotive Refinish Coatings Market value registered in 2021 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2028 with a CAGR of XX% during the period of 2022-2028.
Automotive refinish coating is a type of coating used in an automotive repair center or body shop for refinishing vehicles. Coatings are applied on vehicles to cover up damages caused by external factors such as climate, road accidents, foreign particles such as stones, debris, and rubble, and accidents.
The increasing investment of consumers towards the maintenance of vehicles is driving the automotive refinish coating market growth. Moreover, the growing automotive industry in emerging economies like Asia-Pacific is again fueling market growth. However, fluctuating raw material prices of coating materials could hinder the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of automotive refinish coatings.
The study offers a decisive view of the global automotive refinish coatings market by segmenting it in terms of material type, coating structure, vehicle type, and resin type. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Material Type
By Coating Structure
- UV-Cured Coatings
- Water-Borne Coatings
- Solvent-Borne Coatings
By Vehicle Type
- Base Coat
- Clear Coat
- Top Coat
By Resin Type
- Premium Passenger Cars
- Light Commercial Vehicles
- Compact Passenger Cars
- Luxury Passenger Cars
- Mid-sized Passenger Cars
- Heavy Commercial Vehicles
This section covers automotive refinish coatings market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global automotive refinish coatings market along with the individual application segment across all the prominent region.
Global Automotive Refinish Coatings Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Automotive Refinish Coatings market are 3M Company, AkzoNobel N.V., Axalta Coating Systems Ltd, BASF SE, DowDuPont Inc., Kansai Paint Co., Ltd., KCC Corporation, Nippon Paint Holdings Co Ltd, PPG Industries Inc., and The Sherwin-Williams Company. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.