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Automotive Paints Market by Coating (Primer, Base Coat, Clear Coat, and Electrocoat), Texture Type (Solid, Metallic, Pearlescent, and Others), Technology (Waterborne Coatings, Solvent-borne Coatings, and Powder Coatings), and Vehicle Type (Passenger cars, Light Commercial Vehicle, and Heavy Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2019–2026

AU_18686
Pages: 319
Oct 2019 | 3104 Views
 
Author(s) : Lalit Katare & Anvay Sonpimple , Supradip Baul
Tables: 128
Charts: 82
 

Automotive Paints Market Outlook-2026

The global automotive paints market size was valued at $8.78 billion in 2018, and is projected to reach $12.34 billion by 2026, registering a CAGR of 4.2% from 2019 to 2026. Asia-Pacific accounted for the highest share in 2018, and is anticipated to maintain its dominance in the throughout the forecast period.

Automotive paint is referred to as a water-based formula, which is sprayed on automobiles surface with the assistance of a spray gun. These paints are consists of polyurethane-based enamel, which protects the surface of automobile from environmental damages, thus enhancing the aesthetics of the motor vehicles.

Automotive Paints Market

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The process of automobile painting comprises defined steps to ensure application of protective and efficient coating. The parts and body panels of the automobile are arranged into a temporary assembly known as body-in-white (BIW). Subsequently, automotive paint is applied in a temperature-controlled environment to accelerate the drying process. Multiple stages of application are done to ensure the integrity of paintwork for extended period of time.

Factors such as increase in automobile production and upsurge in demand for eco-friendly automotive paints are the key factors driving the growth of the global automotive paints market. However, rise in prices of raw materials to manufacture automotive paints hinders the growth of the market. On the contrary, increase in focus to product cost-effective automotive paints is anticipated to offer remunerative growth opportunities for the player operating in the automotive paints market.

Automotive Paints Market
By Coating

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Base coat is projected as the most lucrative segments

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The global automotive paints market is segmented into coating, texture type, technology, vehicle type, and region. Depending on coating, the market is classified as primer, base coat, clear coat, and electrocoat. By texture type, it is categorized into solid, metallic, pearlescent, and others. On the basis of technology, it is segregated into waterborne coatings, solvent borne coatings, and powder coatings. As per vehicle type, it is fragmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Automotive Paints Market
By Texture type

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Pearlescent is projected as the most lucrative segments

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The key players operating in the global automotive paints market are BASF SE, PPG, Akzo Nobel N.V, Axalta Coating Systems, LLC, The Sherwin-Williams, Kansai Paint Co., Ltd, Nippon Paint Holdings Co., Ltd., DuPont, Clariant, Solvay, and others.

Increase in automobile production

Developing nations have witnessed rise in demand and production of automobile. For instance, in 2017, India became the fourth largest automobile industry in the world, with increase in sales of 9.5% year-on-year to 4.2 million units. This rise in automobile production in developing nations has led to increased production of automotive catalysts for emission control devices in automobile exhaust systems. Thus, upsurge in automobile production is anticipated to boost the growth of the global automotive paint market.

Automotive Paints Market
By Technology

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Powder coating is projected as the most lucrative segments

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Upsurge in demand for innovative & eco-friendly automotive paints

The automotive industry is witnessing increased demand for innovative and eco-friendly paints for vehicles. Thus, upsurge in preference for eco-friendly paints as compared to traditional paints is a key factor that contributes toward the growth of the market. This is attributed to the fact that eco-friendly paints are waterborne and traditional paints are solvent borne. Solvent-borne paints use products based on petrochemicals that contain volatile organic compounds (VOCs), which are harmful for the environment. VOCs contain a variety of chemicals, some of which may have short- and long-term adverse health effects. However, waterborne paints are thinned with water, which significantly cuts down the amount of VOCs they contain. Thus, rise in demand for eco-friendly paints is anticipated to propel the growth of the automotive paints market, as they reduce the negative environmental impact.

Automotive Paints Market
By Vehicle type

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Heavy Commercial Vehicle is projected as the most lucrative segments

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Rise in prices of raw materials

For all the companies operating in the automotive paints industry, cost of raw materials required for production of paints is increasing significantly over the last few months. The cost of commodities and raw materials plays a crucial role for paint manufacturers, as more than 50% of the operating costs are allotted to raw materials. Thus, upsurge in prices of commodities has led to rise in the product’s final price. Thus, rise in prices of raw materials is anticipated to hinder the growth of the automotive paints market.

Automotive Paints Market
By Region

2026
Asia-Pacific 
North America
Europe
LAMEA

LAMEA would exhibit the highest CAGR of 8.2% during 2019-2026.

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Production of cost-effective & eco-friendly automotive paints

Increase in production of automotive paints can cause pollution, owing to emission of VOCs. Majority of VOCs are emitted from spraying operation through the use of solvent-based paints, as air in spray booth is mixed with gaseous solvent compounds. In addition, prices of materials needed for the manufacturing of automotive paints are rising considerably, which in turn is restraining the growth of the automotive paints market. Thus, production of cost-effective & eco-friendly automotive paints is anticipated to provide lucrative growth opportunity for the players operating in the market.

Key Benefits for Automotive Paints Market:

  • This study presents the analytical depiction of the global automotive paints market analysis along with the current trends and future estimations.
  • The overall opportunity is determined by understanding the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global market with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Automotive Paints Key Market Segments:

By Coating

  • Primer
  • Base coat
  • Clear coat
  • Electrocoat

By Texture Type

  • Solid
  • Metallic
  • Pearlescent
  • Others

By Technology

  • Waterborne Coatings
  • Solvent-borne Coatings
  • Powder Coatings

By Vehicle Type

  • Passenger Cars 
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. Porter’s five forces analysis
3.4. Market share analysis (2018)
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Increase in Automobile production
3.5.1.2. Rising demand innovative and eco-friendly automotive paints.

3.5.2. Restraint

3.5.2.1. Rising price of raw materials

3.5.3. Opportunities

3.5.3.1. Production of cheaper and eco-friendly automotive paints

CHAPTER 4: AUTOMOTIVE PAINTS MARKET, BY COATING

4.1. Overview
4.2. PRIMER

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. BASE COAT

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

4.4. CLEAR COAT

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

4.5. Electrocoat

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country

CHAPTER 5: AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE

5.1. Overview
5.2. Solid

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. Metallic

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. Pearlescent

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

5.5. Others

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

CHAPTER 6: AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY

6.1. Overview
6.2. Waterborne Coatings

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country

6.3. Solvent Borne Coatings

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country

6.4. Powder Coatings

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis by country

CHAPTER 7: AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE

7.1. Overview
7.3. PASSENGER CARS

7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market analysis by country

7.4. Light commercial vehicle

7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market analysis by country

7.5. Heavy commercial vehicle

7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market analysis by country

CHAPTER 8: AUTOMOTIVE PAINTS MARKET, BY REGION

8.1. Overview
8.2. North America

8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast, by COATING
8.2.3. Market size and forecast, by TEXTURE TYPE
8.2.4. Market size and forecast, by technology
8.2.5. Market size and forecast, by vehicle type
8.2.6. Market analysis by country

8.2.6.1. U.S.

8.2.6.1.1. Market size and forecast, by COATING
8.2.6.1.2. Market size and forecast, by TEXTURE TYPE
8.2.6.1.3. Market size and forecast, by technology
8.2.6.1.4. Market size and forecast, by vehicle type

8.2.6.2. Canada

8.2.6.2.1. Market size and forecast, by COATING
8.2.6.2.2. Market size and forecast, by TEXTURE TYPE
8.2.6.2.3. Market size and forecast, by technology
8.2.6.2.4. Market size and forecast, by vehicle type

8.2.6.3. Mexico

8.2.6.3.1. Market size and forecast, by COATING
8.2.6.3.2. Market size and forecast, by TEXTURE TYPE
8.2.6.3.3. Market size and forecast, by technology
8.2.6.3.4. Market size and forecast, by vehicle type

8.3. Europe

8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast, by COATING
8.3.3. Market size and forecast, by TEXTURE TYPE
8.3.4. Market size and forecast, by technology
8.3.5. Market size and forecast, by vehicle type
8.3.6. Market analysis by country

8.3.6.1. U.K.

8.3.6.1.1. Market size and forecast, by COATING
8.3.6.1.2. Market size and forecast, by TEXTURE TYPE
8.3.6.1.3. Market size and forecast, by technology
8.3.6.1.4. Market size and forecast, by vehicle type

8.3.6.2. Germany

8.3.6.2.1. Market size and forecast, by COATING
8.3.6.2.2. Market size and forecast, by TEXTURE TYPE
8.3.6.2.3. Market size and forecast, by technology
8.3.6.2.4. Market size and forecast, by vehicle type

8.3.6.3. Russia

8.3.6.3.1. Market size and forecast, by COATING
8.3.6.3.2. Market size and forecast, by TEXTURE TYPE
8.3.6.3.3. Market size and forecast, by technology
8.3.6.3.4. Market size and forecast, by vehicle type

8.3.6.4. France

8.3.6.4.1. Market size and forecast, by COATING
8.3.6.4.2. Market size and forecast, by TEXTURE TYPE
8.3.6.4.3. Market size and forecast, by technology
8.3.6.4.4. Market size and forecast, by vehicle type

8.3.6.5. Rest of Europe

8.3.6.5.1. Market size and forecast, by COATING
8.3.6.5.2. Market size and forecast, by TEXTURE TYPE
8.3.6.5.3. Market size and forecast, by technology
8.3.6.5.4. Market size and forecast, by vehicle type

8.4. Asia-Pacific

8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast, by coating
8.4.3. Market size and forecast, by texture type
8.4.4. Market size and forecast, by technology
8.4.5. Market size and forecast, by vehicle type
8.4.6. Market analysis by country

8.4.6.1. China

8.4.6.1.1. Market size and forecast, by COATING
8.4.6.1.2. Market size and forecast, by TEXTURE TYPE
8.4.6.1.3. Market size and forecast, by technology
8.4.6.1.4. Market size and forecast, by vehicle type

8.4.6.2. Japan

8.4.6.2.1. Market size and forecast, by COATING
8.4.6.2.2. Market size and forecast, by TEXTURE TYPE
8.4.6.2.3. Market size and forecast, by technology
8.4.6.2.4. Market size and forecast, by vehicle type

8.4.6.3. India

8.4.6.3.1. Market size and forecast, by COATING
8.4.6.3.2. Market size and forecast, by TEXTURE TYPE
8.4.6.3.3. Market size and forecast, by technology
8.4.6.3.4. Market size and forecast, by vehicle type

8.4.6.4. South Korea

8.4.6.4.1. Market size and forecast, by COATING
8.4.6.4.2. Market size and forecast, by TEXTURE TYPE
8.4.6.4.3. Market size and forecast, by technology
8.4.6.4.4. Market size and forecast, by vehicle type

8.4.6.5. Rest of Asia-Pacific

8.4.6.5.1. Market size and forecast, by COATING
8.4.6.5.2. Market size and forecast, by TEXTURE TYPE
8.4.6.5.3. Market size and forecast, by technology
8.4.6.5.4. Market size and forecast, by vehicle type

8.5. LAMEA

8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast, by COATING
8.5.3. Market size and forecast, by texture type
8.5.4. Market size and forecast, by technology
8.5.5. Market size and forecast, by vehicle type

8.5.6. Market analysis by country

8.5.6.1. Latin America

8.5.6.1.1. Market size and forecast, by COATING
8.5.6.1.2. Market size and forecast, by TEXTURE TYPE
8.5.6.1.3. Market size and forecast, by technology
8.5.6.1.4. Market size and forecast, by vehicle type

8.5.6.2. Middle East

8.5.6.2.1. Market size and forecast, by COATING
8.5.6.2.2. Market size and forecast, by TEXTURE TYPE
8.5.6.2.3. Market size and forecast, by technology
8.5.6.2.4. Market size and forecast, by vehicle type

8.5.6.3. Africa

8.5.6.3.1. Market size and forecast, by COATING
8.5.6.3.2. Market size and forecast, by TEXTURE TYPE
8.5.6.3.3. Market size and forecast, by technology
8.5.6.3.4. Market size and forecast, by vehicle type

CHAPTER 9: COMPANY PROFILES

9.1. BASF SE

9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Product portfolio
9.1.5. Business performance
9.1.6. Key strategic moves and developments

9.2. PPG

9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Product portfolio
9.2.5. Business performance
9.2.6. Key strategic moves and developments

9.3. Akzo Nobel N.V.

9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product portfolio
9.3.5. Business performance
9.3.6. Key strategic moves and developments

9.4. Axalta Coating Systems, LLC

9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Product portfolio
9.4.5. Business performance
9.4.6. Key strategic moves and developments

9.5. The Sherwin-Williams

9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Operating business segments
9.5.4. Product portfolio
9.5.5. Business performance

9.6. Kansai Paint Co., Ltd.

9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Operating business segments
9.6.4. Business performance

9.7. Nippon Paint Holdings Co., Ltd.

9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Business performance

9.8. DuPont

9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Business performance

9.9. Clariant

9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Product portfolio
9.9.5. Business performance

9.10. Solvay

9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Business performance

LIST OF TABLES

TABLE 01. GLOBAL AUTOMOTIVE PAINTS MARKET, BY COATING, 2018-2026($MILLION)
TABLE 02. AUTOMOTIVE PAINTS MARKET REVENUE FOR PRIMER, BY REGION 2018-2026 ($MILLION)
TABLE 03. AUTOMOTIVE PAINTS MARKET REVENUE FOR BASE COAT, BY REGION 2018-2026 ($MILLION)
TABLE 04. AUTOMOTIVE PAINTS MARKET REVENUE FOR CLEAR COAT, BY REGION 2017–2025 ($MILLION)
TABLE 05. AUTOMOTIVE PAINTS MARKET REVENUE FOR ELECTROCOAT, BY REGION 2017–2025 ($MILLION)
TABLE 06. GLOBAL AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2018-2026($MILLION)
TABLE 07. AUTOMOTIVE PAINTS MARKET REVENUE FOR SOLID, BY REGION 2018-2026 ($MILLION)
TABLE 08. AUTOMOTIVE PAINTS MARKET REVENUE FOR METALLIC, BY REGION 2018-2026 ($MILLION)
TABLE 09. AUTOMOTIVE PAINTS MARKET REVENUE FOR PEARLESCENT, BY REGION 2017–2025 ($MILLION)
TABLE 10. AUTOMOTIVE PAINTS MARKET REVENUE FOR OTHERS, BY REGION 2017–2025 ($MILLION)
TABLE 11. GLOBAL AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2018-2026($MILLION)
TABLE 12. AUTOMOTIVE PAINTS MARKET REVENUE FOR WATERBORNE COATINGS, BY REGION 2018-2026 ($MILLION)
TABLE 13. AUTOMOTIVE PAINTS MARKET REVENUE FOR SOLVENT BORNE COATINGS, BY REGION 2018-2026 ($MILLION)
TABLE 14. AUTOMOTIVE PAINTS MARKET REVENUE FOR POWDER COATINGS, BY REGION 2017–2025 ($MILLION)
TABLE 15. GLOBAL AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 16. AUTOMOTIVE PAINTS MARKET REVENUE FOR PASSENGER CARS, BY REGION 2018-2026 ($MILLION)
TABLE 17. AUTOMOTIVE PAINTS MARKET REVENUE FOR LIGHT COMMERCIAL VEHICLE, BY REGION, 2017–2025 ($MILLION)
TABLE 18. AUTOMOTIVE PAINTS MARKET REVENUE FOR HEAVY COMMERCIAL VEHICLE, BY REGION, 2017–2025 ($MILLION)
TABLE 19. NORTH AMERICAN AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 20. NORTH AMERICAN AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 21. NORTH AMERICAN AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 22. NORTH AMERICAN AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 23. U. S. AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 24. U. S. AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 25. U. S. AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 26. U.S. AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 27. CANADA AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 28. CANADA AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 29. CANADA AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 30. CANADA AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 31. MEXICO AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 32. MEXICO AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 33. MEXICO AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 34. MEXICO AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 35. EUROPEAN AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 36. EUROPEAN AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 37. EUROPEAN AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 38. EUROPEAN AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 39. U.K. AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 40. U.K. AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 41. U.K. AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 42. U.K. AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 43. GERMANY AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 44. GERMANY AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 45. GERMANY AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 46. GERMANY AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 47. RUSSIA AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 48. RUSSIA AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 49. RUSSIA AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 50. RUSSIA AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 51. FRANCE AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 52. FRANCE AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 53. FRANCE AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 54. FRANCE AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 55. REST OF EUROPE AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 56. REST OF EUROPE AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 57. REST OF EUROPE AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 58. REST OF EUROPE AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 59. ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 60. ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 61. ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 62. ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 63. CHINA AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 64. CHINA AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 65. CHINA AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 66. CHINA AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 67. JAPAN AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 68. JAPAN AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 69. JAPAN AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 70. JAPAN AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 71. INDIA AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 72. INDIA AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 73. INDIA AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 74. INDIA AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 75. SOUTH KOREA AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 76. SOUTH KOREA AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 77. SOUTH KOREA AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 78. SOUTH KOREA AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 79. REST OF ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 80. REST OF ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 81. REST OF ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 82. REST OF ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 83. LAMEA AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 84. LAMEA AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 85. LAMEA AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 86. LAMEA AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 87. LATIN AMERICA AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 88. LATIN AMERICA AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 89. LATIN AMERICA AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 90. LATIN AMERICA AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 91. MIDDLE EAST AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 92. MIDDLE EAST AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 93. MIDDLE EAST AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 94. MIDDLE EAST AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 95. AFRICA AUTOMOTIVE PAINTS MARKET, BY COATING, 2017–2025 ($MILLION)
TABLE 96. AFRICA AUTOMOTIVE PAINTS MARKET, BY TEXTURE TYPE, 2017–2025 ($MILLION)
TABLE 97. AFRICA AUTOMOTIVE PAINTS MARKET, BY TECHNOLOGY, 2017–2025 ($MILLION)
TABLE 98. AFRICA AUTOMOTIVE PAINTS MARKET, BY VEHICLE TYPE, 2017–2025 ($MILLION)
TABLE 99. BASF: COMPANY SNAPSHOT
TABLE 100. BASF: OPERATING SEGMENTS
TABLE 101. BASF: PRODUCT PORTFOLIO
TABLE 102. BASF: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. PPG: COMPANY SNAPSHOT
TABLE 104. PPG: OPERATING SEGMENTS
TABLE 105. PPG: PRODUCT PORTFOLIO
TABLE 106. PPG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. AKZO NOBEL N.V.: COMPANY SNAPSHOT
TABLE 108. AKZO NOBEL N.V.: OPERATING SEGMENTS
TABLE 109. AKZO NOBEL N.V.: PRODUCT PORTFOLIO
TABLE 110. AKZO NOBEL N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 111. AXALTA: COMPANY SNAPSHOT
TABLE 112. AXALTA: OPERATING SEGMENTS
TABLE 113. AXALTA: PRODUCT PORTFOLIO
TABLE 114. AXALTA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115. THE SHERWIN-WILLIAMS: COMPANY SNAPSHOT
TABLE 116. THE SHERWIN-WILLIAMS: OPERATING SEGMENTS
TABLE 117. THE SHERWIN-WILLIAMS: PRODUCT PORTFOLIO
TABLE 118. KANSAI PAINT CO., LTD.: COMPANY SNAPSHOT
TABLE 119. KANSAI PAINT CO., LTD.: OPERATING SEGMENTS
TABLE 120. NIPPON PAINT HOLDINGS CO., LTD.: COMPANY SNAPSHOT
TABLE 121. NIPPON PAINT HOLDINGS CO., LTD.: OPERATING SEGMENTS
TABLE 122. DUPONT: COMPANY SNAPSHOT
TABLE 123. DUPONT: OPERATING SEGMENTS
TABLE 124. CLARIANT: COMPANY SNAPSHOT
TABLE 125. CLARIANT: OPERATING SEGMENTS
TABLE 126. CLARIANT: PRODUCT PORTFOLIO
TABLE 127. SOLVAY: COMPANY SNAPSHOT
TABLE 128. SOLVAY: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. EXECUTIVE SUMMARY
FIGURE 04. TOP IMPACTING FACTORS
FIGURE 05. TOP INVESTMENT POCKETS
FIGURE 06. TOP WINNING STRATEGIES, BY YEAR, 2017–2019*
FIGURE 07. TOP WINNING STRATEGIES, BY YEAR, 2017–2019*
FIGURE 08. TOP WINNING STRATEGIES, BY COMPANY, 2017–2019*
FIGURE 09. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE THREAT OF SUBSTITUTES
FIGURE 12. HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13. HIGH-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 14. MARKET SHARE ANALYSIS (2018)
FIGURE 15. GLOBAL AUTOMOTIVE PAINTS MARKET SHARE, BY COATING, 2018–2026 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR PRIMER, BY COUNTRY, 2017 & 2025 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR BASE COAT, BY COUNTRY, 2017 & 2025 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR CLEAR COAT, BY COUNTRY, 2017 & 2025 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR ELECTROCOAT, BY COUNTRY, 2017 & 2025 (%)
FIGURE 20. GLOBAL AUTOMOTIVE PAINTS MARKET SHARE, BY TEXTURE TYPE, 2018–2026 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR SOLID, BY COUNTRY, 2017 & 2025 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR METALLIC, BY COUNTRY, 2017 & 2025 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR PEARLESCENT, BY COUNTRY, 2017 & 2025 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR OTHERS, BY COUNTRY, 2017 & 2025 (%)
FIGURE 25. GLOBAL AUTOMOTIVE PAINTS MARKET SHARE, BY TECHNOLOGY, 2018–2026 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR WATERBORNE COATINGS, BY COUNTRY, 2017 & 2025 (%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR SOLVENT BORNE COATINGS, BY COUNTRY, 2017 & 2025 (%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR POWDER COATINGS, BY COUNTRY, 2017 & 2025 (%)
FIGURE 29. GLOBAL AUTOMOTIVE PAINTS MARKET SHARE, BY VEHICLE TYPE, 2018–2026 (%)
FIGURE 30. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR PASSENGER CARS, BY COUNTRY, 2017 & 2025 (%)
FIGURE 31. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR LIGHT COMMERCIAL VEHICLE, BY COUNTRY, 2017 & 2025 (%)
FIGURE 32. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET FOR HEAVY COMMERCIAL VEHICLE, BY COUNTRY, 2017 & 2025 (%)
FIGURE 33. AUTOMOTIVE PAINTS MARKET, BY REGION, 2017-2025 (%)
FIGURE 34. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 35. U. S. AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 36. CANADA AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 37. MEXICO AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 38. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 39. U.K. AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 40. GERMANY AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 41. RUSSIA AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 42. FRANCE AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 43. REST OF EUROPE AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 44. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 45. CHINA AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 46. JAPAN AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 47. INDIA AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 48. SOUTH KOREA AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 49. REST OF ASIA-PACIFIC AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 50. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE PAINTS MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 51. LATIN AMERICA AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 52. MIDDLE EAST AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 53. AFRICA AUTOMOTIVE PAINTS MARKET, 2017–2025 ($MILLION)
FIGURE 54. BASF: REVENUE, 2016–2018 ($MILLION)
FIGURE 55. BASF: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 56. BASF: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 57. PPG: REVENUE, 2016–2018 ($MILLION)
FIGURE 58. PPG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 59. PPG: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 60. AKZO NOBEL N.V.: REVENUE, 2016–2018 ($MILLION)
FIGURE 61. AKZO NOBEL N.V.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 62. AKZO NOBEL N.V.: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 63. AXALTA: REVENUE, 2016–2018 ($MILLION)
FIGURE 64. AXALTA REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 65. AXALTA: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 66. THE SHERWIN-WILLIAMS: REVENUE, 2016–2018 ($MILLION)
FIGURE 67. THE SHERWIN-WILLIAMS: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 68. KANSAI PAINT CO., LTD.: REVENUE, 2016–2018 ($MILLION)
FIGURE 69. KANSAI PAINT CO., LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 70. KANSAI PAINT CO., LTD.: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 71. NIPPON PAINT HOLDINGS CO., LTD.: REVENUE, 2016–2018 ($MILLION)
FIGURE 72. NIPPON PAINT HOLDINGS CO., LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 73. NIPPON PAINT HOLDINGS CO., LTD.: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 74. DUPONT: REVENUE, 2016–2018 ($MILLION)
FIGURE 75. DUPONT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 76. DUPONT: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 77. CLARIANT: REVENUE, 2016–2018 ($MILLION)
FIGURE 78. CLARIANT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 79. CLARIANT: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 80. SOLVAY: REVENUE, 2016–2018 ($MILLION)
FIGURE 81. SOLVAY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 82. SOLVAY: REVENUE SHARE BY GEOGRAPHY, 2018 (%)

 
 

Automotive paints can be defined as mixture of three basic components, which include a pigment, a binder, and thinner. There are two ways of applying paints on automobiles, namely single stage paint and two stage or dual stage paint. Single stage paint is defined as the type of all-in-one paint, which includes clearcoat and basecoat in one formula. Conversely, the tow stage or dual stage paint is applied in two phases. In the first phase, the basecoat is applied after the primer, while the clearcoat is applied after drying basecoat.

Factors such as increase in automobile production and rise in demand for innovative & eco-friendly automotive paints are driving the growth of automotive paints market. However, upsurge in price of raw materials required to manufacture automotive paints limits the growth of the market. On the contrary, production of cost-effective & eco-friendly automotive paints is anticipated to provide lucrative growth opportunities for the market.

Among the analyzed regions, currently, Asia-Pacific is the highest revenue contributor, and is expected to maintain the lead during the forecast period.

 

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A. The global automotive paints market generated revenue worth $8,780.3 million in 2018 and is projected to reach $12,343.1 million by 2026, to register a CAGR of 4.2% during the forecast period

A. The forecast period in the global automotive paints market would be 2026

A. The market value of Automotive Paints Market in 2019 is estimated to be $ 9,254.4 Million

A. The base year calculated in the Automotive Paints Market report is 2018

A. The companies are selected based on the product offerings, organic and inorganic strategies adopted and Georgraphic footprint. Additional, the company tie ups with key OEMs and revenue generated are the key pointers for selection.

A. The major companies holding the major share includes BASF SE, PPG, Akzo Nobel N.V, Axalta Coating Systems, LLC, The Sherwin-Williams, Kansai Paint Co., Ltd, Nippon Paint Holdings Co., Ltd., DuPont, Clariant, and Solvay

A. In terms of coatings clear coat is estimated to be a matured market growing at a CAGR of 2.5% during the forecast period.

A. In terms oftexture type Pearlescent is estimated to be a most influencing segment growing at a CAGR of 6.1% during the forecast period.

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