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Automotive Refinish Coatings Market in APAC 2015-2019

Automotive Refinish Coatings Market in APAC 2015-2019

About Automotive Refinish Coatings

Automotive coatings are products that enhance the appearance and durability of a vehicle by protecting it from harsh external factors such as UV radiation, extreme temperatures, and foreign particles such as stones, rubble, and debris. Automotive refinish coatings are used in the automotive OEM aftermarket industry for vehicle repairs and refinishing.

The major end-users are collision repair centres and automotive body shops. The major success determining factors of the market include reliability, OEM colour matching, strong distribution network, quick cycle times, and sustainability.

Technavio forecasts the automotive refinish coatings market in APAC to post a CAGR of 6.03% during 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the automotive refinish coatings market in APAC for 2015-2019. To arrive at a ranking of the leading vendors and to calculate the market size, the report considers revenue generated from the sales of automotive refinish coatings. The report presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. It also provides data on the different segments of the market, based on the following:

  • Vehicle Age(>10 years, 5-10 years, and < 5 years)
  • Resin Type (Polyurethane, acrylics and others)
  • Technology (Solvent-borne, water-borne, and powder)
In addition, the report discusses the major drivers that influence the market growth. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.

Key Vendors
  • Akzo Nobel
  • Axalta
  • BASF
  • Kansai Paint
  • Nippon Paint
  • PPG
Other Prominent Vendors
  • Berger Paints
  • Color Communications
  • Jotun
  • KCC
  • Sherwin Williams
  • Valspar
  • NOROO
  • Market Driver
    • Increase in number of operating vehicles
    • For a full, detailed list, view our report
    Market Challenge
    • Increase in Raw Material Prices
    • For a full, detailed list, view our report
    Market Trend
    • Support Services from Vendors
    • For a full, detailed list, view our report
    Key Questions Answered in this Report
    • What will the market size be in 2019 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors?


    Press Release

    Technavio Announces the Publication of its Research Report – Automotive Refinish Coatings in APAC 2015-2019

    Technavio recognizes the following companies as the key players in the Automotive Refinish Coatings in APAC: AkzoNobel NV, Axalta, BASF SE, Kansai Paint, Nippon Paint, and PPG Industries.

    Other Prominent Vendors in the market are: Berger Paints, Color Communications, Jotun, KCC, NOROO, Sherwin-Williams, and Valspar.

    Commenting on the report, an analyst from Technavio’s team said: “One trend that boosts growth in this market is emergence of vehicle light-weighting and specialized products. The emergence of the light-weighting trend in the automobile sector has led light vehicle OEMs to focus on vehicle weight reduction to improve fuel economy. As a result, new material types such as aluminum, carbon fiber, and plastics are being incorporated in vehicle body and parts instead of steel.”

    According to the report, recent increase in number of operating vehicles is a major driver that promotes growth in this market. Accelerated economic activity, along with prevailing healthy economic conditions, has led to a rise in consumer spending, thereby creating demand for vehicles in these countries. The growing number of accidents in these countries because of poor infrastructure and road safety standards has led to the enhanced demand for automotive refinish coatings.

    Further, the report states that the increase in prices of raw materials is a key challenge faced by this market. Prices of raw materials such as polymers, cellulosics, adhesion promoters, titanium dioxide, epoxy resins, and related solvents have been rising in recent years. In addition, fluctuations in oil prices and shortage of raw materials such as base chemicals for resins have contributed to the rising cost.

    • Executive Summary
    • List of Abbreviations
    • Scope of the Report
      • Market Overview
    • Market Research Methodology
      • Market Research Process
      • Research Methodology
        • Table Market Research Methodology
    • Introduction
    • Macroeconomic Outlook
      • Overview
        • Table Automotive Refinish Coatings Market in APAC: Key Macroeconomic Indicators
      • Global Automobile Production
        • Table Global Automobile Production 2010-2014 and Automobile Production by Region 2013-2014
      • Global GDP Growth
        • Table Global Historical and Projected GDP (at constant prices) Growth Rates by Region 2010-2020
    • Market Landscape
      • Market Size and Forecast
        • Table Automotive Refinish Coatings Market in APAC 2014-2019 ($ billion)
      • Five Forces Analysis
    • Market Segmentation by Vehicle Age
      • Automotive Refinish Coatings Market in APAC: Segmentation by Vehicle Age 2014
        • Table Automotive Refinish Coatings Market in APAC: Segmentation by Vehicle Age 2014 (by Volume)
        • Table APAC Automotive Refinish Coatings Market Segmentation by Vehicle Age 2014 (by Revenue)
    • Market Segmentation by Technology
      • Table Automotive Refinish Coatings Market in APAC by Technology
      • Segmentation of Automotive Refinish Coatings Market in APAC by Technology 2014
        • Table Segmentation of Global Automotive Refinish Coatings Market in APAC by Technology 2014
      • Automotive Solvent-based Refinish Coatings Market in APAC
        • Market Size and Forecast
          • Table Automotive Solvent-based Refinish Coatings Market in APAC 2014-2019 ($ billion)
      • Automotive Water-based Refinish Coatings Market in APAC
        • Market Size and Forecast
          • Table Automotive Water-based Refinish Coatings Market in APAC 2014-2019 ($ billion)
      • Automotive Refinish Powder Coatings Market in APAC
        • Market Size and Forecast
          • Table Automotive Refinish Powder Coatings Market in APAC 2014-2019 ($ billion)
    • Market Segmentation by Resin
      • Table Automotive Refinish Coatings Market in APAC by Product Type
      • Automotive Refinish Coatings Market in APAC by Resin 2014
        • Table Automotive Refinish Coatings Market in APAC by Resin 2014
      • Polyurethane Automotive Refinish Coatings Market in APAC
        • Market Size and Forecast
          • Table Polyurethane Automotive Refinish Coatings Market in APAC 2014-2019 ($ billion)
      • Acrylics Automotive Refinish Coatings Market in APAC
        • Market Size and Forecast
          • Table Acrylics Automotive Refinish Coatings Market in APAC 2014-2019 ($ billion)
      • Other Automotive Refinish Coatings Market in APAC
        • Market Outlook
    • Key Leading Markets
      • Table Key Leading Markets in Automotive Refinish Coatings in APAC 2014
      • China
      • India
      • Japan
    • Buying Criteria
    • Market Growth Drivers
    • Drivers and their Impact
    • Market Challenges
    • Impact of Drivers and Challenges
    • Market Trends
    • Trends and their Impact
    • Vendor Landscape
      • Market Share Analysis 2014
        • Table Share of Vendors in Automotive Refinish Coatings Market in APAC 2014
      • Other Prominent Vendors
    • Key Vendor Analysis
      • AkzoNobel
        • Key Facts
        • Business Overview
        • AkzoNobel: Business Segmentation by Revenue 2013
          • Table AkzoNobel: Business Segmentation by Revenue 2013
        • Business Segmentation by Revenue 2012 and 2013
          • Table AkzoNobel: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
        • Geographical Segmentation by Revenue 2013
          • Table AkzoNobel: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Axalta Coating Systems
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2013
          • Table Axalta Coating Systems: Business Segmentation by Revenue 2013
        • Geographical Segmentation by Revenue 2013
          • Table Axalta Coating Systems: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • BASF
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2013
          • Table BASF: Business Segmentation by Revenue 2013
        • Business Segmentation by Revenue 2012 and 2013
          • Table BASF: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
        • Geographical Segmentation by Revenue 2013
          • Table BASF: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Kansai Paint
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2014
          • Table Kansai Paint: Business Segmentation by Revenue 2014
        • Business Segmentation by Revenue 2013 and 2014
          • Table Kansai Paint: Business Segmentation by Revenue 2013 and 2014 (US$ million)
        • Geographical Segmentation by Revenue 2014
          • Table Kansai Paint: Geographical Segmentation by Revenue 2014
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Nippon Paint Holdings
        • Key Facts
        • Business Overview
        • Business Segmentation
          • Table Nippon Paint Holdings: Business Segmentation
        • Geographical Segmentation by Revenue 2014
          • Table Nippon Paint Holdings: Geographical Segmentation by Revenue 2014
        • Recent Developments
        • SWOT Analysis
      • PPG Industries
        • Key Facts
        • Business Overview
        • Business Segmentation
          • Table PPG Industries: Business Segmentation
        • Business Segmentation by Revenue 2013
          • Table PPG Industries: Business Segmentation by Revenue 2013
        • Geographical Segmentation by Revenue 2013
          • Table PPG Industries: Geographical Segmentation by Revenue 2013
        • Recent Developments
        • SWOT Analysis
    • Other Reports in this Series

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