The Business Research Company’s report goes into great detail on the automotive coatings market size and growth, automotive coatings market regional analysis, automotive coatings market competitive landscape, and other critical information needed to excel in the automotive coatings industry.

Major players in the automotive coatings market include 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.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global automotive coatings market size 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%.

Asia-Pacific was the largest region in the automotive coatings market in 2021.

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.

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

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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 global automotive coatings market report is segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Automotive Coatings Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the automotive coatings market globally and regionally, analyzes and forecasts market size, share, automotive coatings market players, automotive coatings market segments, leading competitor revenues, profiles and market shares.

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