Automotive coating solutions deliver enhanced protection from environmental attackers such as snow, rust, water, and moisture. Consumers are rapidly moving towards these products as they support in proper maintenance of vehicles even after rough use. Manufacturing players are rapidly investing in introducing economical and high-performance solutions to remain competitive. Growing trends pertaining to custom paint patterns, automobile renovation and vinyl’s is likely to promote the use of automotive coating solutions. These products help in protecting and enhancing custom paint coatings in vehicles thus growing visibility and lifespan of expensive paint customizations. Moreover, these coatings also protect from general wear & tear and protects paint from prolonged exposure to sun which is likely to augment the automotive coatings market. In the current market situation, there is an increasing demand for automotive coatings in end-use industries. End-use industries are observing huge development in emerging economies. Emerging middle class population; changing life style; rising purchasing power parity; and improving standard of living of consumers in these economies are the key factors which drive the demand for automotive coating.

The global Automotive Coatings market is segregated on the basis of Product Outlook as Primer, Electrocoat, Basecoat, and Clearcoat. Based on Technology Outlook the global Automotive Coatings market is segmented in Waterborne Coatings, Solventborne Coatings, Powder Coatings, and UV-cured Coatings. Based on Application Outlook the global Automotive Coatings market is segmented in Metal Parts and Plastic Parts.

Based on End-use Outlook, the global Automotive Coatings market is segmented in Light Vehicle OEM, Commercial Vehicle OEM, and Automotive Refinish.

The global Automotive Coatings market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Coatings market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

BASF SE, Akzo Nobel NV, Axalta Coating Systems Ltd, Beckers Group, Bollig & Kemper, Cabot Corporation, Eastman Chemical Company, HMG Paints Limited, Jotun, Kansai Nerolac Paints Limited, and others are among the major players in the global Automotive Coatings market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

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The Automotive Coatings Market has been segmented as below:

Automotive Coatings Market, By Product Outlook

• Primer
• Electrocoat
• Basecoat
• Clearcoat

Automotive Coatings Market, By Technology Outlook

• Waterborne Coatings
• Solventborne Coatings
• Powder Coatings
• UV-cured Coatings

Automotive Coatings Market, By Application Outlook

• Metal Parts
• Plastic Parts

Automotive Coatings Market, By End-use Outlook

• Light Vehicle OEM
• Commercial Vehicle OEM
• Automotive Refinish

Automotive Coatings Market, By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Automotive Coatings Market, By Company

• BASF SE
• Akzo Nobel NV
• Axalta Coating Systems Ltd
• Beckers Group
• Bollig & Kemper
• Cabot Corporation
• Eastman Chemical Company
• HMG Paints Limited
• Jotun
• Kansai Nerolac Paints Limited

The report covers:

• Global Automotive Coatings market sizes from 2018 to 2027, along with CAGR for 2022-2027
• Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
• Global Automotive Coatings market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automotive Coatings market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

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Report Scope:

The global Automotive Coatings market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Coatings market share. Major industry players with significant revenue share include BASF SE, Akzo Nobel NV, Axalta Coating Systems Ltd, Beckers Group, Bollig & Kemper, Cabot Corporation, Eastman Chemical Company, HMG Paints Limited, Jotun, Kansai Nerolac Paints Limited, and others.

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