Automotive Refinish Coatings Market Size, Insights, Trends & Outlook 2020-2027

Research Reports

Jan 19, 2021

Market Size – USD 8.73 billion in 2019, Market Growth – CAGR of 3.7%, Market trends –Growth of environment-friendly coating technologies.

The detailed market intelligence report on the Automotive Refinish Coatings market applies the best of both primary and secondary research to weighs upon the competitive landscape and the prominent market players expected to dominate the Automotive Refinish Coatings market for the forecast period, 2020 – 2027.  

The study not only scans through the company profile of the major vendors but also analyses their winning strategies to give business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. A detailed evaluation of the major events such as acquisition and mergers, collaborations, product launches, new entrants, and technology advancements offer a complete overview of what the future of the Automotive Refinish Coatings market will be like in the years to come.

Automotive refinish coatings are used by market players to address the growing need for maintenance of the vehicle, up-to-date servicing to improve the durability and look of the vehicles by protecting them from any supposed damages and UV radiation. Constant investment in R&D and innovation in refinish coatings, such as eco-friendly high-tech coating materials, which is another driving factor of the market.

Strict regulations regarding the products which contain VOC is hindering the market growth. The usage of VOC-containing products releases VOCs resulting to smog and air pollution. To enhance air quality, governments of many countries have implemented a series of control measures.

Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA

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Key participants include The Sherwin Williams Company, PPG Industries Inc., Axalta Coating Systems Ltd., BASF SE, AkzoNobel N.V, Kansai Paints Co. Ltd., Matrix System Automotive Finishes, Nippon Paint Holding Co. Ltd., Mitsui Chemicals, and Berger Paints India Ltd., among others.

Resin Type Outlook (Revenue, USD Billion; 2017-2027)

Epoxy

Alkyd

Polyurethane

Others

Product Outlook (Revenue, USD Billion; 2017-2027)

Primer

Basecoat

Clearcoat

Activator

Filler

Putty

Technology Outlook (Revenue, USD Billion; 2017-2027)

Solvent-borne Coatings

Water-borne Coatings

UV-cured Coatings

Substrate Outlook (Revenue, USD Billion; 2017-2027)

Glass

Metal

Plastic

Other

Application Outlook (Revenue, USD Billion; 2017-2027)

Commercial vehicles

Light Commercial Vehicle (LCV)

Heavy Commercial Vehicle (HCV)

Passenger vehicles

Compact

Executive

Luxury

Two-Wheeler

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

 

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Automotive Refinish Coatings Market Segmentation & Impact Analysis

    4.1. Automotive Refinish Coatings Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Technology advancements mainly in the area of noninvasive technology

                    4.2.2.2. Increasing prevalence of ophthalmic disorders across major analyzed regions

          4.2.3. Market restraints analysis

                    4.2.3.1. Dearth of skilled operators across the value chain

                    4.2.3.2. High procuring cost and even higher data requirement

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Automotive Refinish Coatings Market By Product Insights & Trends, Revenue (USD Million)

    5.1. Product Dynamics & Market Share, 2019 & 2027

          5.1.1. Imaging Systems

          5.1.2. Lasers

          5.1.3. Transducers

          5.1.4. Contrast Agents

          5.1.5. Software

Continue…

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