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Global Automotive Coating Market Size, Share, Trends, Analysis: By Resin Type: Polyurethane, Epoxy, Acrylic, Others; By Technology: Solvent-Borne, Water-Borne, Powder Coating, Others; By Coat Type: Internal Coating, External Coating, E-Coat, Primer, Basecoat, Clearcoat, Others; Regional Analysis; Competitive Landscape; 2024-2032
Market Share by Technology
Water-borne technology is expected to grow rapidly in the automotive coating market in the forecast period due to its easy availability, high coverage ratio, and low VOC content which help to reduce air radiation. The need for water-based vehicle coatings is rising as a result of the ever-changing environmental standards. While the pigments and binders in water-based coatings are the same as those in solvent-based coatings, their transporting agents are different. Mild co-solvent reducers and additives have been made available in recent years to speed up the drying process and enhance the performance of water-based coatings. Therefore, during the forecast period, as the importance of protecting the environment increases, the demand for water-borne for automotive coatings will also increase.
Market Share by Region
Asia Pacific is expected to be one of the key regions in the automotive coating market, followed by North America and Europe. The need for automotive coatings in the region is projected to increase as a result of the increasing automobile production in China, India, and ASEAN countries. The demand for automotive coatings is also projected to rise as a result of increasing sales of pre-owned cars, growth of cab services, and expanding network of auto body and repair shops in Asian nations. Some of the countries where the automotive industry is growing in terms of sales and production include China, Japan, India, and South Korea. Due to its extensive base of auto manufacturing, China is predicted to experience significant growth.
Automotive Coating Market Report Snapshots
Automotive Coating Market Size
Automotive Coating Market Analysis
Automotive Coating Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Coating Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Coating Historical Market (2018-2023)
8.3 Global Automotive Coating Market Forecast (2024-2032)
8.4 Global Automotive Coating Market by Resin Type
8.4.1 Polyurethane
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Epoxy
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Acrylic
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Automotive Coating Market by Technology
8.5.1 Solvent-Borne
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Water-Borne
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Powder Coating
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Automotive Coating Market by Coat Type
8.6.1 Internal Coating
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 External Coating
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 E-Coat
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Primer
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Basecoat
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Clearcoat
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2023)
8.6.6.3 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global Automotive Coating Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Automotive Coating Tablets Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Automotive Coating Tablets Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Coating Tablets Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Coating Tablets Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Coating Tablets Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 EMR’s Key Indicators for Demand
14.4 EMR’s Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 BASF SE
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 PPG Industries, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Kansai Paint Co., Ltd
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nippon Paint Holdings Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 KCC Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Automotive Coating Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Coating Historical Market: Breakup by Resin Type (USD Million), 2018-2023
3. Global Automotive Coating Market Forecast: Breakup by Resin Type (USD Million), 2024-2032
4. Global Automotive Coating Historical Market: Breakup by Technology (USD Million), 2018-2023
5. Global Automotive Coating Market Forecast: Breakup by Technology (USD Million), 2024-2032
6. Global Automotive Coating Historical Market: Breakup by Coat Type (USD Million), 2018-2023
7. Global Automotive Coating Market Forecast: Breakup by Coat Type (USD Million), 2024-2032
8. Global Automotive Coating Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Automotive Coating Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Automotive Coating Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Automotive Coating Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Automotive Coating Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Automotive Coating Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Automotive Coating Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Automotive Coating Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Automotive Coating Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Automotive Coating Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Automotive Coating Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Automotive Coating Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Automotive Coating Market Structure
Key Questions Answered in the Report
The market for automotive coating is projected to grow at a CAGR of 5.80% between 2024 and 2032.
The automotive coating market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 47.70 billion by 2032.
The major drivers of the market include the technological developments in coatings, increasing per capita income, increasing vehicle use, and growing sales of pre-owned vehicles.
Increasing vehicle production and expansion of vehicle repair and body shops are the key trends propelling the growth of the market.
The major regions in the market for automotive coatings are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The market on the basis of coat type can be segmented into internal coating, external coating, e-coat, primer, basecoat, and clearcoat, among others.
The major players in the industry are BASF SE, PPG Industries, Inc., Kansai Paint Co., Ltd, Nippon Paint Holdings Co., Ltd., and KCC Corporation, among others.
Automotive coatings can be used to provide protection to an automotive component, or to increase the aesthetic appeal of the vehicle.
The different resin types in the market for automotive coatings include polyurethane, epoxy, and acrylic, among others.
The various technologies in the market include solvent-borne, water-borne, and powder coating, among others.
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