Global Automotive Coatings Market Outlook to 2027

January 2022 | 218 pages | ID: G145E2E3D9B3EN
BlueQuark Research

Abstracts

Automotive coatings are used to coat automobile surfaces with advanced technologies capable of producing durable surfaces, high-quality appearance while maximizing efficiency and meeting environmental regulations. According to BlueQuark Research & Consulting, the global automotive coatings market is likely to witness a considerable growth rate during the forecast period. The major factors responsible for the global automotive market's growth are the growing number of electrical vehicles (EVs) due to increasing environmental concerns in various countries. The market is also driven by the rising adaptation of luxury vehicles owing to improving living standards demand. However, the regulations in using harmful chemicals may restrain the market's growth in the forecast period.

Asia-Pacific region was found to be the largest market for global automotive coatings since the majority of automotive production takes place in the region. Major countries in terms of automotive coatings in the region include China, India, and Japan among others. It is anticipated that the Asia-Pacific region would witness the highest market growth during the forecast period.

The global automotive coatings market is fragmented. Major players in the market were found to be Axalta Coatings Systems LLC, BASF SE, PPG Industries, and Akzo Nobel NV, among others.

In June 2020, BASF announced to sign a cooperation agreement with Guangzhou Automobile Group New Energy Co. Ltd. (GACNE), a subsidiary of GAC, to strengthen their strategic partnership further to explore digital coatings solutions for the automotive industry.

Global Automotive Coatings Marketreport provides deep insight into the current and future state of the Automotive Coatings market across various regions. The study comprehensively analyzes the automotive coatings market by segmenting based on by Resin Type (Polyurethane, Epoxy, Acrylic, and Other Resin Types), Technology (Solvent-Borne, Water-Borne, and Powder), Application (OEM and Refinish), and Geography (Asia-Pacific, North America, South America, Europe, and Middle East & Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.

Contents

1. Executive Summary


2. Research Scope and Methodology
  2.1 Aim & Objective of the study
  2.2 Market Definition
  2.3 Study Information
  2.4 General Study Assumptions
  2.5 Research Phases

3. Market Analysis
  3.1 Introduction
  3.2 Market Dynamics
    3.2.1 Drivers
  3.2.2 Restraints
  3.3 Market Trends & Developments
  3.4 Market Opportunities
  3.5 Feedstock Analysis
  3.6 Regulatory Policies
  3.7 Analysis of Covid-19 Impact

4. Industry Analysis
  4.1 Supply Chain Analysis     
  4.2 Porter's Five Forces Analysis 
    4.2.1 Competition in the Industry  4.2.2 Potential of New Entrants into the Industry
  4.2.3 Bargaining Power of Suppliers
  4.2.4 Bargaining Power of Consumers
  4.2.5 Threat of substitute products  

5. Market Segmentation & Forecast
  5.1 Resin Type
    5.1.1
Polyurethane
  5.1.2 Acrylic
  5.1.3 Epoxy
  5.1.4 Other Resin Types
  5.2 By Technology
    5.2.1 Solvent-Borne
  5.2.2 Water-Borne
  5.2.3 Powder
  5.3 By Application
    5.3.1 OEM
  5.3.2 Refinish    

6. Regional Market Analysis
  6.1 North America
    6.1.1 United States
  6.1.2 Canada
  6.1.3 Mexico  6.2 Europe
    6.2.1 United Kingdom
  6.2.2 Germany
  6.2.3 Italy
  6.2.4 France
  6.2.5 Nordic Countries
  6.2.6 Rest of Europe
  6.3 Asia-Pacific
    6.3.1 China
  6.3.2 India
  6.3.3 Japan
  6.3.4 South Korea
  6.3.5 ASEAN Countries
  6.3.6 Rest of Asia-Pacific
  6.4 South America
    6.4.1 Brazil
  6.4.2 Argentina
  6.4.3 Rest of South America
  6.5 Middle East & Africa
    6.5.1 South Africa
  6.5.2 Saudi Arabia
  6.5.3 Rest of Middle East & Africa

7. Key Company Profiles
  7.1
Axalta Coatings Systems Ltd
  7.2
Akzo Nobel NV
  7.3
BASF SE
  7.4
PPG Industries Inc.
  7.5
Nippon Paint Holdings Co. Ltd
  7.6
Berger Paints India Limited
  7.7
Kansai Nerolac Paints Limited
  7.8
The Sherwin-Williams Company
  7.9
The Valspar Corporation
  7.10
KCC Corporation
  7.11
Jotun
  *List
of companies is not exhaustive

8. Competitive Landscape
  8.1 List of Notable Players in the Market
  8.2 M&A, JV, and Agreements
  8.3 Market Share Analysis
  8.4 Strategies of Key Players

9. Conclusions and Recommendations

List Of Tables

LIST OF TABLES

Global Automotive Coatings Market, in USD Million, 2016-2025
Polyurethane– Automotive Coatings Market, in USD Million, 2016-2025
Acrylic – Automotive Coatings Market, in USD Million, 2016-2025
Epoxy – Automotive Coatings Market, in USD Million, 2016-2025
Other Resin Types – Automotive Coatings Market, in USD Million, 2016-2025
Solvent-Borne – Automotive Coatings Market, in USD Million, 2016-2025
Water-Borne – Automotive Coatings Market, in USD Million, 2016-2025
Powder – Automotive Coatings Market, in USD Million, 2016-2025
OEM– Automotive Coatings Market, in USD Million, 2016-2025
Refinish– Automotive Coatings Market, in USD Million, 2016-2025
North America - Automotive Coatings Market, in USD Million, 2016-2025
Europe – Automotive Coatings Market, in USD Million, 2016-2025
Asia-Pacific - Automotive Coatings Market, in USD Million, 2016-2025
South America - Automotive Coatings Market, in USD Million, 2016-2025
Middle East & Africa - Automotive Coatings Market, in USD Million, 2016-2025
Automotive Coatings - Market Share of Key Companies in 2019
Other Supporting Charts
Electric Vehicles (EVs) Industry, 2013-2019
Automotive Industry, 2013-2019