Automotive Paint Market, By Vehicle Type (Light Commercial Vehicles, Heavy Commercial Vehicles, and Private Vehicles/Passenger Cars), By Coat Type (Clear coat, Basecoat, E–Coat, and Primer Coat), By Texture Type (Metallic Texture, Solid Texture, and Others (Matte, Solar Reflective, And Pearlescent)), By Form Type (Powder Coating, Waterborne Coating, and Solvent Borne Coating), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI22719 | Publish Date: March 2024 | No. of Pages: 143

Global Automotive Paint Market By Overview

To maintain shine of vehicle, enhance durability of vehicle and for decoration various type of paint is used in vehicles. Automotive paints are also used for surface durability and to maintain metal parts corrosion free. Paint plays an important role in beautification of vehicle. The continuous improvement into property and durability of color and paint is a major factor driving growth of the global automotive paint market. The paint also improves the capacity of metal to protect it from external environmental factors such as corrosion, water, acid, harmful rays and also helps to reduce heat. These are the other beneficial properties of color supporting growth of the target market.

Moreover, increasing trend of mix color vehicle production and high preference for better color combination interior among people are the other factors expected to fuel growth of the global automotive paint market during the next ten years. However, stringent regulations regarding emission of toxic chemicals into environment is a major factor expected to hamper growth of the global automotive paint market.

The global automotive paint market has been segmented on the basis of vehicle type, coat type, texture type, form type, and region.

On the basis of vehicle type, the target market has been segmented into light commercial vehicles, heavy commercial vehicles, and private vehicles/passenger cars. Coat type segment includes clear coat, basecoat, e–coat, and primer coat. Moreover, on the basis of texture type, the global automotive paint market has been segmented into metallic texture, solid texture, and others (matte, solar reflective, and pearlescent). On the basis of form type, the target market has been segmented into powder coating, waterborne coating, and solvent borne coating.

Region includes North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Currently Asia Pacific is dominating the target market in terms of revenue as compared to that of other regions, and is expected to maintain its dominance throughout the forecast period. This is owing to rapid expansion of automotive sector in countries in the region.

Key players operating in the global automotive paint market includes Berger Paints, Kansai Paint Co. Ltd., Nippon Paint Co. Ltd., BASF SE, PPG Asian Paints Private Limited, Axalta Coating Systems LIC, KCC Corporation, Clariant AG, Arkema SA, and Beckers Group.

 

Global Automotive Paint Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Vehicle Type
      • Market Snippet, By Coat Type
      • Market Snippet, By Texture Type
      • Market Snippet, By Form Type
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Vehicle Type, Forecast Period up to 10 Years, (US$ Bn)

 

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Light Commercial Vehicles
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Heavy Commercial Vehicles
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Private Vehicles/Passenger Cars
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Coat Type , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Clear Coat
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Basecoat
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • E-Coat
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Primer Coat
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Texture Type , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Metallic Texture
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Solid texture
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others (Matte, Solar Reflective, And Pearlescent)
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Form Type , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Powder Coating
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Waterborne Coating
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Solvent Born Coating
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

  1. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Coat Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Texture Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Form Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Coat Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Texture Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Form Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Coat Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Texture Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Form Type , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Coat Type , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Texture Type , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Form Type , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Vehicle Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Coat Type , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Texture Type , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Form Type , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Berger Paints
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Kansai Paint Co. Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nippon Paint Co. Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BASF SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • PPG Asian Paints Private Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Axalta Coating Systems LIC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • KCC Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Clariant AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Arkema SA   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Beckers Group   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The Automotive Paint Market is segmented into Vehicle Type, Coat Type, Texture Type, Form Type and Region.

Increasing automotive production, consumer demand for aesthetically pleasing vehicles, advancements in paint technology, and the growing trend of customized and premium finishes.

Environmental regulations, volatile raw material prices, increasing focus on sustainability, and the complexity of matching colors in the repair and aftermarket segment.

North America, Europe, Asia-Pacific, Latin America. Asia-Pacific is expected to dominate due to high automotive production, particularly in countries like China. Europe and North America are also significant markets.

The key players operating the target market includes Berger Paints, Kansai Paint Co. Ltd., Nippon Paint Co. Ltd., BASF SE, PPG Asian Paints Private Limited, Axalta Coating Systems LIC, KCC Corporation, Clariant AG, Arkema SA, and Beckers Group.