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Commercial Vehicle Braking Systems Market Size, Trends, Analysis, and Outlook by Type (Drum Brake, Disc Brake), Application (Service Brakes, Parking Brakes, Others), Brake Force Distribution (Single Acting Brakes, Dual Acting Brakes), Power Source (Mechanical Braking System, Hydraulic Braking System, Air or Pneumatic Braking System, Vacuum Braking System, Magnetic Braking System, Electric Braking System), Vehicle (Light Commercial Vehicles, Heavy Commercial Vehicles), by Country, Segment, and Companies, 2024-2030

April 2024 | 191 pages | ID: C706A2A6C23EEN
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The global Automotive Refinish Coatings market size is poised to register 5.61% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Automotive Refinish Coatings market by Type (Solvent-borne coatings, Water-borne coatings, UV cured Coatings), Resin (Polyurethane, Alkyd, Acrylic), Application (Passenger Vehicle, Commercial Vehicle), End-User (Auto Body Repair Shops, Automotive Manufacturing Shops, Garages, Others).
The Automotive Refinish Coatings Market is poised for significant evolution and innovation by 2030, driven by a combination of technological advancements, environmental regulations, and changing consumer preferences. As the automotive industry continues to embrace sustainability and digitalization, there's a growing demand for eco-friendly coatings that offer superior performance, durability, and aesthetic appeal. Trends such as waterborne coatings, low-VOC formulations, and advanced application technologies are reshaping the requirements for automotive refinish coatings, driving the need for solutions that provide excellent color match, fast drying times, and easy application. In addition, as vehicle ownership patterns shift toward longer lifecycles and increased customization, there's a rising emphasis on coatings that offer flexibility, versatility, and resistance to scratches and corrosion. Further, as automotive OEMs and refinishers seek to reduce waste and optimize resource usage, there's increasing adoption of digital tools and automation for precise color matching and efficient coating application. With the automotive industry moving toward electrification and autonomous driving, coupled with the increasing demand for personalized and sustainable mobility solutions, the Automotive Refinish Coatings Market is poised for sustained growth and advancement, shaping the future of automotive aesthetics and environmental stewardship..

Automotive Refinish Coatings Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Automotive Refinish Coatings market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Automotive Refinish Coatings survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Automotive Refinish Coatings industry.

Key market trends defining the global Automotive Refinish Coatings demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Automotive Refinish Coatings Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Automotive Refinish Coatings industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Automotive Refinish Coatings companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Automotive Refinish Coatings industry
Leading Automotive Refinish Coatings companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Automotive Refinish Coatings companies.

Automotive Refinish Coatings Market Study- Strategic Analysis Review
The Automotive Refinish Coatings market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Automotive Refinish Coatings Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Automotive Refinish Coatings industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Automotive Refinish Coatings Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Automotive Refinish Coatings Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Automotive Refinish Coatings market segments. Similarly, Strong end-user demand is encouraging Canadian Automotive Refinish Coatings companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Automotive Refinish Coatings market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Automotive Refinish Coatings Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Automotive Refinish Coatings industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Automotive Refinish Coatings market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Automotive Refinish Coatings Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Automotive Refinish Coatings in Asia Pacific. In particular, China, India, and South East Asian Automotive Refinish Coatings markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Automotive Refinish Coatings Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Automotive Refinish Coatings Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Automotive Refinish Coatings market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Automotive Refinish Coatings.

Automotive Refinish Coatings Market Company Profiles
The global Automotive Refinish Coatings market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are 3M Co., Akzo Nobel NV, Alps Coating Sdn Bhd, Angel Coating Pvt. Ltd, Axalta Coating Systems Ltd, BASF SE, BERNARDO ECENARRO S.A., Carl Schlenk AG, Covestro AG, General Paint Co., Kansai Paint Co. Ltd, KAPCI Coatings Systems LLC, Nippon Paint Holdings Co. Ltd, NOROO Paint and Coatings Co. Ltd, NOVOL Sp zoo, PPG Industries Inc, S.Coat Co. Ltd, Tara Paints and Chemicals, The Sherwin-Williams Company, TOA Paint (Thailand) Public Company Ltd.

Recent Automotive Refinish Coatings Market Developments
The global Automotive Refinish Coatings market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Automotive Refinish Coatings Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Type
Solvent-borne coatings
Water-borne coatings
UV cured Coatings
Resin
Polyurethane
Alkyd
Acrylic
Application
Passenger Vehicle
Commercial Vehicle
End-User
Auto Body Repair Shops
Automotive Manufacturing Shops
Garages
Others

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
3M Co.
Akzo Nobel NV
Alps Coating Sdn Bhd
Angel Coating Pvt. Ltd
Axalta Coating Systems Ltd
BASF SE
BERNARDO ECENARRO S.A.
Carl Schlenk AG
Covestro AG
General Paint Co.
Kansai Paint Co. Ltd
KAPCI Coatings Systems LLC
Nippon Paint Holdings Co. Ltd
NOROO Paint and Coatings Co. Ltd
NOVOL Sp zoo
PPG Industries Inc
S.Coat Co. Ltd
Tara Paints and Chemicals
The Sherwin-Williams Company
TOA Paint (Thailand) Public Company Ltd.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Commercial Vehicle Braking Systems Market Overview and Key Findings, 2024
1.2 Commercial Vehicle Braking Systems Market Size and Growth Outlook, 2021- 2030
1.3 Commercial Vehicle Braking Systems Market Growth Opportunities to 2030
1.4 Key Commercial Vehicle Braking Systems Market Trends and Challenges
  1.4.1 Commercial Vehicle Braking Systems Market Drivers and Trends
  1.4.2 Commercial Vehicle Braking Systems Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Commercial Vehicle Braking Systems Companies

2. COMMERCIAL VEHICLE BRAKING SYSTEMS MARKET SIZE OUTLOOK TO 2030

2.1 Commercial Vehicle Braking Systems Market Size Outlook, USD Million, 2021- 2030
2.2 Commercial Vehicle Braking Systems Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. COMMERCIAL VEHICLE BRAKING SYSTEMS MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. COMMERCIAL VEHICLE BRAKING SYSTEMS MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Drum Brake
Disc Brake
Application
Service Brakes
Parking Brakes
Others
Brake Force Distribution
Single Acting Brakes
Dual Acting Brakes
Power Source
Mechanical Braking System
Hydraulic Braking System
Air or Pneumatic Braking System
Vacuum Braking System
Magnetic Braking System
Electric Braking System
Vehicle
Light Commercial Vehicles
Heavy Commercial Vehicles
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Commercial Vehicle Braking Systems Market, 2025
5.2 Asia Pacific Commercial Vehicle Braking Systems Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Commercial Vehicle Braking Systems Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Commercial Vehicle Braking Systems Market, 2025
5.5 Europe Commercial Vehicle Braking Systems Market Size Outlook by Type, 2021- 2030
5.6 Europe Commercial Vehicle Braking Systems Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Commercial Vehicle Braking Systems Market, 2025
5.8 North America Commercial Vehicle Braking Systems Market Size Outlook by Type, 2021- 2030
5.9 North America Commercial Vehicle Braking Systems Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Commercial Vehicle Braking Systems Market, 2025
5.11 South America Pacific Commercial Vehicle Braking Systems Market Size Outlook by Type, 2021- 2030
5.12 South America Commercial Vehicle Braking Systems Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Commercial Vehicle Braking Systems Market, 2025
5.14 Middle East Africa Commercial Vehicle Braking Systems Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Commercial Vehicle Braking Systems Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Commercial Vehicle Braking Systems Market Size Outlook and Revenue Growth Forecasts
6.2 US Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Commercial Vehicle Braking Systems Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Commercial Vehicle Braking Systems Industry Drivers and Opportunities

7. COMMERCIAL VEHICLE BRAKING SYSTEMS MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. COMMERCIAL VEHICLE BRAKING SYSTEMS COMPANY PROFILES

8.1 Profiles of Leading Commercial Vehicle Braking Systems Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
ContiTech AG
Federal-Mogul LLC
Hyundai Mobis Co. Ltd
Knorr-Bremse AG
Robert Bosch GmbH
SKF AB
WABCO Holdings Inc
Wilwood Engineering Inc
ZF Friedrichshafen AG

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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