Global Automotive Finishing Coatings Industry to 2026


DUBLIN, September 27, 2021 / PRNewswire / – The “Automotive Finishing Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026” report was added to offer.

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The global automotive refinishing coatings market has reached a value of 9.4 billion US dollars in 2020. Going forward, the market is expected to grow at a CAGR of around 4% during 2021-2026. Bearing in mind the uncertainties of COVID-19, the analyst is continuously monitoring and evaluating the direct and indirect influence of the pandemic. This information is included in the report as a major contributor to the market.

Automotive refinish coatings refer to polyurethane, acrylic or alkyd based coatings used by body shops and vehicle repair centers. These coatings are applied to new / old passenger and utility vehicles to cover bodily injury caused by extreme temperatures, accidents and stone impacts. Some of the commonly used topcoats include primer, sealer, topcoat, basecoat, and activator or hardener coatings. They are either solvent-based, water-based, or ultraviolet (UV) cured. Of these, water-based coatings have lower levels of volatile organic compounds (VOCs) than solvent-based variants, making them very effective for all automobiles.

The growth of the automotive industry across the world is one of the key factors creating positive outlook for the market. In addition, the increasing number of traffic accidents and collisions has led to an increase in the need for repair and maintenance activities, thus driving the growth of the market. Along the same lines, there is a shift in consumer preference towards personalized aftermarket vehicle modifications. Automotive refining coatings provide improved aesthetic appeal, surface protection and resistance to heat, temperature and corrosion. In addition, various product innovations, such as the development of environmentally friendly topcoats, act as other growth factors. These coatings are made using organic chemicals and have a custom color, faster cure time, and minimal VOC emissions. Other factors including increasing spending capabilities of consumers as well as growing demand for recreational vehicles are expected to further drive the market.

Competitive landscape

The report also analyzed the competitive landscape of the market with some of the major players being 3M Company, Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, Clariant AG, Dupont De Nemours Inc., Kansai Paint Co. Ltd., KCC Corporation, Nippon Paint Holdings Co. Ltd., PPG Industries Inc. and The Sherwin- Williams Company.

Key questions answered in this report

  • How has the global automotive refinish coatings market performed so far and how will it perform in the years to come?

  • What has been the impact of COVID-19 on the global automotive refinishing coatings market?

  • What are the main regional markets?

  • What is the market breakdown according to the type of resin?

  • What is the distribution of the market according to the type of product?

  • What is the technology-based market disruption?

  • What is the distribution of the market according to the type of vehicle?

  • What are the different stages of the industry value chain?

  • What are the main factors and challenges for the industry?

  • What is the structure of the global automotive refinish coatings market and who are the major players?

  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Automotive Finishing Coatings Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market breakdown by type of resin
6.1 Polyurethane
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Alkyd
6.2.1 Market trends
6.2.2 Market Forecast
6.3 Acrylic
6.3.1 Market trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market trends
6.4.2 Market Forecast

7 Market breakdown by product type
7.1 Primer
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Basecoat
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Activator
7.3.1 Market trends
7.3.2 Market Forecast
7.4 Filling
7.4.1 Market trends
7.4.2 Market Forecast
7.5 Top coat
7.5.1 Market trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market trends
7.6.2 Market Forecast

8 Market breakdown by technology
8.1 Solvent
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Water based
8.2.1 Market trends
8.2.2 Market Forecast
8.3 UV cured
8.3.1 Market trends
8.3.2 Market Forecast

9 Market breakdown by type of vehicle
9.1 Passenger cars
9.1.1 Market trends
9.1.2 Market Forecast
9.2 Commercial vehicles
9.2.1 Market trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market trends
9.3.2 Market Forecast

10 Market breakdown by region
10.1 North America
10.1.1 United States Market trends Market Forecast
10.1.2 Canada Market trends Market Forecast
10.2 Asia Pacific
10.2.1 China Market trends Market Forecast
10.2.2 Japan Market trends Market Forecast
10.2.3 India Market trends Market Forecast
10.2.4 South Korea Market trends Market Forecast
10.2.5 Australia Market trends Market Forecast
10.2.6 Indonesia Market trends Market Forecast
10.2.7 Others Market trends Market Forecast
10.3 Europe
10.3.1 Germany Market trends Market Forecast
10.3.2 France Market trends Market Forecast
10.3.3 UK Market trends Market Forecast
10.3.4 Italy Market trends Market Forecast
10.3.5 Spain Market trends Market Forecast
10.3.6 Russia Market trends Market Forecast
10.3.7 Others Market trends Market Forecast
10.4 Latin America
10.4.1 Brazil Market trends Market Forecast
10.4.2 Mexico Market trends Market Forecast
10.4.3 Others Market trends Market Forecast
10.5 Middle East and Africa
10.5.1 Market trends
10.5.2 Market breakdown by country
10.5.3 Market Forecast

11 SWOT Analysis

12 Value chain analysis

13 Porters Five Forces Analysis

14 Price analysis

15 Competitive landscape
15.1 Market structure
15.2 Key players
15.3 Profiles of key players
15.3.1 3M Society Company presentation Product portfolio Finances SWOT Analysis
15.3.2 Akzo Nobel AG Company overview Product portfolio Finances SWOT Analysis
15.3.3 Axalta Coating Systems Ltée. Company overview Product portfolio Finances SWOT Analysis
15.3.4 BASF SE Company overview Product portfolio Finances SWOT Analysis
15.3.5 Clariant SA Company overview Product portfolio Finances
15.3.6 Dupont De Nemours Inc. Company overview Product portfolio Finances
15.3.7 Kansai Paint Co. Ltd. Company overview Product portfolio Finances SWOT Analysis
15.3.8 KCC Company Company overview Product portfolio Finances
15.3.9 Nippon Paint Holdings Co. Ltd. Company overview Product portfolio Finances SWOT Analysis
15.3.10 PPG Industries Inc. Company overview Product portfolio Finances SWOT Analysis
15.3.11 The Sherwin-Williams Company Company presentation Product portfolio Finances SWOT Analysis

For more information on this report, visit

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