1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Paint and Coating Market Trends
Automotive Paints Market by Type, Resin, Technology, Paint Equipment, Texture, Content, ICE & EVs, Refinish And Region - Global Forecast to 2025

Automotive Paints Market by Type, Resin, Technology, Paint Equipment, Texture, Content, ICE & EVs, Refinish And Region - Global Forecast to 2025

  • April 2018
  • 196 pages
  • ID: 3150514
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

The increasing production of passenger cars, stringent VOC emission regulations, and changing customer preferences for paint textures will drive the global automotive paints market “
The automotive paints market is estimated to be USD 8.74 billion in 2018 and is projected to reach USD 10.65 billion by 2025, at a CAGR of 2.88% from 2018 to 2025. The demand for automotive paints is driven by the increasing demand for vehicles; whereas, technologies and R&D investments are influenced by government regulations. However, advancements in automotive safety technologies have resulted in the reduced number of accidents, which, in turn, is a restraint for the automotive refinish paints market.

Waterborne technology is estimated to have the largest share in automotive paints market, by technology
The major advantage of waterborne paint is its low toxicity and flammability due to lower VOC levels.Paints based on this technology have excellent adhesion and greater heat resistance compared to solvent-based paints.

Owing to stringent emission regulations such as Regulation, Evaluation, Authorisation and Restriction of Chemical Substances (REACH), countries in Europe are reducing the use of solvent-borne paints and have shifted towards eco-friendly waterborne paints.North America and Europe are estimated to showcase the largest usage rate for waterborne paints and are projected to grow at a steady pace over the forecast period.

Developing markets such as India and China are also switching to water-based paints, thus increasing the demand for waterborne paints over the forecast period.

Asia Oceania to dominate the automotive paints market
The automotive industry in the Asia Oceania region has been dynamic over the past few years and has seen an increase in the annual production of passenger and commercial vehicles.As a result, in the recent years, Asia Oceania has emerged as a hub for automobile production.

As compared to the region’s substantial population, the vehicle ownership is low, making Asia Oceania an attractive market for global manufacturers.With the increasing vehicle production, the demand for paint will also increase, making increasing vehicle production the single biggest driver of the Asia Oceania automotive paints market.

Currently, due to the lack of strict VOC regulations, the usage of waterborne paints is lower than that in the western countries.This situation, however, is expected to change in the future and the demand for waterborne coating is projected to increase.

These factors combined, Asia Oceania is projected to be the largest automotive paint market over the forecast period.

The study contains insights provided by various industry experts. The break-up of the primaries is as follows:
• By Company Type: Tier-1 - 45%, Tier-2 - 30%, and OEMs - 25%
• By Designation: D level – 45%, C level - 34 % Other- 21%
• By Region: Asia Oceania – 30%, North America - 25%, Europe - 20%, and RoW – 25%

Note: Tier 1 companies are paint manufacturers, while Tier 2 are processed material suppliers and raw material suppliers

Note: Others includes managers and R&D engineers
Note: The company tiers are based on the value chain and not on company revenue.

Major manufacturers in the Automotive paints market include PPG (US), Axalta (US), AkzoNobel (Netherlands), BASF (Germany), Sherwin Williams (US), Valspar (US), Solvay (Belgium), DOW Chemical (US), 3M (US), and KCC (South Korea).

Research Coverage
The automotive paints market is segmented by Paint type (Electrocoat, Primer, Basecoat, Clearcoat), by Technology type (Solventborne, Waterborne, Powder coating), by Resin type (Polyurethane, Epoxy, Acrylic, Other Resins), by Texture type (Solid, Metallic, Pearlescent, Matte Finish, Solar Reflective Paints), by Content (Water, Petroleum-based solvents, Resins and Binders, Silicone Polymers, Pigments and Colorants, Other additives), by Painting equipment (Airless, Electrostatic),Refinish paints market by Resin type (Polyurethane, Epoxy, Acrylic, Other Resins), by Vehicle type (Passenger Car, LCV, HCV), by Electric & Hybrid vehicle type (BEV, HEV, PHEV), by Region (Asia Oceania (China, India, Japan, South Korea, Asia Oceania, Others); Europe (Germany, Spain, Italy, France, UK, Europe, Others); North America (Canada, Mexico, US); Row (Brazil, Russia, South Africa, RoW, Others)).

Reasons to Buy the Report:

This report provides insights with reference to the following points:
• Market Size, by paint type: The report offers in-depth market sizing and forecast up to 2025, by paint type such as electrocoating, primer, basecoat, clearcoat. The market sizing for paint type is covered for all key countries; whereas, technology type chapter is covered at regional level.
• Market Size, by Texture type: The report offers in-depth market sizing and forecast up to 2025, by texture type such as solid, metallic, matte, pearlescent, solar reflective paints for all key regions.
• The report covers the paint market for Electric and Hybrid Vehicles at regional level.
• The report also covers the Automotive Refinish Paints Market, by region and resin type.
• The report also covers the Automotive Painting Equipment market (By Volume)
• The report provides Market share information of the leading players in automotive paints market at OEM as well as Refinish level.
• Market Development: The report provides comprehensive information about lucrative emerging markets for automotive paints across regions.
• Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the Automotive paints market.
• Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the automotive paints market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Automotive Paints Market by Coating, Texture Type, Technology, and Vehicle Type : Global Opportunity Analysis and Industry Forecast, 2019-2026

Automotive Paints Market by Coating, Texture Type, Technology, and Vehicle Type : Global Opportunity Analysis and Industry Forecast, 2019-2026

  • $ 3840
  • October 2019

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 ...

Polyurethane, Epoxy and Acrylic Automotive Coating Market, Size, Share, Outlook and Growth Opportunities 2019-2025

Polyurethane, Epoxy and Acrylic Automotive Coating Market, Size, Share, Outlook and Growth Opportunities 2019-2025

  • $ 4580
  • September 2019

Polyurethane, Epoxy and Acrylic Automotive Coating Market, Size, Share, Outlook and Growth Opportunities 2019-2025Polyurethane, Epoxy and Acrylic Automotive Coating market outlook report presents key insights ...

Electrocoat, Primer, Basecoat and Clearcoat Automotive Paint Market, Size, Share, Outlook and Growth Opportunities 2019-2025

Electrocoat, Primer, Basecoat and Clearcoat Automotive Paint Market, Size, Share, Outlook and Growth Opportunities 2019-2025

  • $ 4580
  • September 2019

Electrocoat, Primer, Basecoat and Clearcoat Automotive Paint Market, Size, Share, Outlook and Growth Opportunities 2019-2025Electrocoat, Primer, Basecoat and Clearcoat Automotive Paint market outlook report ...

Global Automotive Paints Industry $ 5450 October 2019


ref:plp2018

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on