Africa Automotive Refinish Coatings Market Growth Analysis - Forecast Trends, Market Size, Share and Outlook (2025-2034)
Description
The Africa automotive refinish coatings market size attained a value of USD 153.09 Million in 2024. The market is further expected to grow at a CAGR of 4.70% between 2025 and 2034, reaching a value of USD 242.33 Million by 2034.
Key Trends in the Market
An automotive refinish coating refers to a type of automotive coating which is applied to already manufactured automotives to refinish and refurbish the vehicle. This type of coating can be used to repair vehicles, add protection, and boost the aesthetic appeal of the vehicle.
The EMR’s report titled “Africa Automotive Refinish Coatings Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Resin Type
The acrylic segment, based on resin type, accounts for a healthy share of the Africa automotive refinish coatings market. Coatings made up of this type of resin offer excellent resistance to weather and hydrolysis, and retain gloss and colour which improves the overall look of an automobile. The versatility and performance of acrylic coatings are further propelling their growth in the market and the overall Africa automotive refinish coatings market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Africa automotive refinish coatings market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Axalta Coating Systems South Africa (Pty) Ltd
Axalta Coating Systems South Africa (Pty) Ltd is a leading company which develops, manufactures, and sells diverse performance and transportation coatings across the globe. It was founded in 1866 and is headquartered in Midrand, South Africa.
3M Company
3M Company is a multinational conglomerate company which manufactures and distributes industrial products and solutions. The company was established in 1902 and is headquartered in Minnesota, United States.
Akzo Nobel N.V.
Akzo Nobel N.V. is a renowned paint and coating manufacturing company which develops high-quality paints and performance coatings. The company was founded in 1994 and is currently headquartered in Amsterdam in the Netherlands.
Other market players include James Briggs Ltd., The Sherwin Williams Company, The Dow Chemical Company, Kansai Paint Co., Covestro AG, Vican Manufacturing, and LUBRIZOL SA (PTY) LTD, among others.
More Insights On
Automotive Refinish Coatings Market
Key Trends in the Market
An automotive refinish coating refers to a type of automotive coating which is applied to already manufactured automotives to refinish and refurbish the vehicle. This type of coating can be used to repair vehicles, add protection, and boost the aesthetic appeal of the vehicle.
- The growth trajectory attained by the automotive sector in the Africa region is the driving force of Africa automotive refinish coatings market growth. Growing expansion of automotive companies is leading to a stronger demand for automotive refinishing.
- Changing preference of consumers towards vehicles with high aesthetic appeal, greater resistance to weather and chemicals, is one of the crucial Africa automotive refinish coatings market trends. This is supported by improving standards of living across emerging economies like Nigeria, Egypt, and South Africa, among others.
The EMR’s report titled “Africa Automotive Refinish Coatings Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Resin Type
- Polyurethane
- Alkyd
- Acrylic
- Others
- Primer
- Basecoat
- Activator
- Filler
- Topcoat
- Others
- Solvent-Borne
- Water-Borne
- UV-Cured
- Passenger Cars
- Commercial Vehicles
- Others
- Nigeria
- South Africa
- Egypt
- Kenya
- Others
The acrylic segment, based on resin type, accounts for a healthy share of the Africa automotive refinish coatings market. Coatings made up of this type of resin offer excellent resistance to weather and hydrolysis, and retain gloss and colour which improves the overall look of an automobile. The versatility and performance of acrylic coatings are further propelling their growth in the market and the overall Africa automotive refinish coatings market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Africa automotive refinish coatings market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Axalta Coating Systems South Africa (Pty) Ltd
Axalta Coating Systems South Africa (Pty) Ltd is a leading company which develops, manufactures, and sells diverse performance and transportation coatings across the globe. It was founded in 1866 and is headquartered in Midrand, South Africa.
3M Company
3M Company is a multinational conglomerate company which manufactures and distributes industrial products and solutions. The company was established in 1902 and is headquartered in Minnesota, United States.
Akzo Nobel N.V.
Akzo Nobel N.V. is a renowned paint and coating manufacturing company which develops high-quality paints and performance coatings. The company was founded in 1994 and is currently headquartered in Amsterdam in the Netherlands.
Other market players include James Briggs Ltd., The Sherwin Williams Company, The Dow Chemical Company, Kansai Paint Co., Covestro AG, Vican Manufacturing, and LUBRIZOL SA (PTY) LTD, among others.
More Insights On
Automotive Refinish Coatings Market
Table of Contents
136 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Automotive Refinish Coatings Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Automotive Refinish Coatings Historical Market (2018-2024)
- 5.3 Global Automotive Refinish Coatings Market Forecast (2025-2034)
- 5.4 Global Automotive Refinish Coatings Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Africa Automotive Refinish Coatings Market Overview
- 6.1 Key Industry Highlights
- 6.2 Africa Automotive Refinish Coatings Historical Market (2018-2024)
- 6.3 Africa Automotive Refinish Coatings Market Forecast (2025-2034)
- 7 Africa Automotive Refinish Coatings Market by Resin Type
- 7.1 Polyurethane
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Alkyd
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Acrylic
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Others
- 8 Africa Automotive Refinish Coatings Market by Product Type
- 8.1 Primer
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Basecoat
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Activator
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Filler
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Topcoat
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Africa Automotive Refinish Coatings Market by Technology
- 9.1 Solvent-Borne
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Water-Borne
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 UV-Cured
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 10 Africa Automotive Refinish Coatings Market by Vehicle Type
- 10.1 Passenger Cars
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Commercial Vehicles
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Others
- 11 Africa Automotive Refinish Coatings Market by Country
- 11.1 Nigeria
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 South Africa
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 Egypt
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Kenya
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 Axalta Coating Systems South Africa (Pty) Ltd
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 3M Company
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 Akzo Nobel N.V.
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 James Briggs Ltd.
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 The Sherwin Williams Company
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 The Dow Chemical Company
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 Kansai Paint Co.
- 13.5.7.1 Company Overview
- 13.5.7.2 Product Portfolio
- 13.5.7.3 Demographic Reach and Achievements
- 13.5.7.4 Certifications
- 13.5.8 Covestro AG
- 13.5.8.1 Company Overview
- 13.5.8.2 Product Portfolio
- 13.5.8.3 Demographic Reach and Achievements
- 13.5.8.4 Certifications
- 13.5.9 Vican Manufacturing
- 13.5.9.1 Company Overview
- 13.5.9.2 Product Portfolio
- 13.5.9.3 Demographic Reach and Achievements
- 13.5.9.4 Certifications
- 13.5.10 LUBRIZOL SA (PTY) LTD
- 13.5.10.1 Company Overview
- 13.5.10.2 Product Portfolio
- 13.5.10.3 Demographic Reach and Achievements
- 13.5.10.4 Certifications
- 13.5.11 Others
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