Global Automotive Coatings Market Report,
Chemicals

Global Automotive Coatings Market Overview And Prospects – Includes Automotive Coatings Market Trends

Learn about the global automotive coatings market through The Business Research Company, which provides information on automotive coatings market size, automotive coatings market drivers and restraints, automotive coatings market players, the COVID-19 impact on the automotive coatings market, and more.

 

The global automotive coatings market is expected to grow from $16.66 billion in 2021 to $18.56 billion in 2022 at a compound annual growth rate (CAGR) of 11.4%. The global automotive coating market size is expected to grow to $24.55 billion in 2026 at a CAGR of 7.2%.

 

The increasing demand for lightweight vehicles is significantly contributing to the growth of the automotive coatings market.

 

Request A Sample For The Global Automotive Coatings Market Report:

 

Global Automotive Coatings Market Report,
Global Automotive Coatings Market Report,

The automotive coatings market consists of sales of automotive coatings by entities (organizations, sole traders, and partnerships) that are applied on the surface of automobiles to protect them from corrosion and improve their aesthetic value. The automotive coatings are used to coat vehicle interior and exterior parts with some powder or liquid to enhance the look, and toughness of automobiles and also to make them heat, and shock-resistant.

 

Global Automotive Coatings Market Segments Include:

By Coat Type: Clearcoat, Basecoat, E-Coat, Primer

By Resin Type: Polyurethane, Epoxy, Acrylic

By Technology: Waterborne Coatings, Solventborne Coatings, Powder Coatings, UV-Cured Coatings

By Substrate: Metal, Plastics

By End-Use: Light Vehicle OEM, Commercial OEM, Automotive Refinish

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the automotive coatings market in 2021.

 

Strategic collaborations between companies have emerged as a key trend gaining popularity in the automotive coating market. Companies in the automotive coating industry are undergoing various collaborations to develop new technologies and products.

 

TBRC’s Automotive Coatings Market Report Covers:

Major Market Players: The Valspar Corporation, Solvay, Sherwin-Williams Company, PPG Industries, Nippon Paint Automotive Coatings Co. Ltd., Lord Corporation, KCC Paint, Kansai Paint Co. Ltd, Arkema SA, Eastman Chemical, Clariant AG, Cabot Corporation, Berger Paints, Beckers Group, Bayer AG, BASF SE, Axalta Coating Systems, and Akzo Nobel N.V.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Automotive Coatings Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive coatings market overviews, analyzes and forecasts market size, share, automotive coatings market players, automotive coatings market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s automotive coatings market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

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