Global Automotive Refinish Coatings Market 2020-2024

Global Automotive Refinish Coatings Market 2020-2024

Technavio has been monitoring the automotive refinish coatings market and it is poised to grow by $ 1.69 bn during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our reports on the automotive refinish coatings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increased focus on R&D and innovative methods to reduce the cycle time, support services leading to efficient use of coatings, and economic stability associated with increasing disposable income.

The automotive refinish coatings market analysis includes type segment and geographical landscape.

Technavio's automotive refinish coatings market is segmented as below:

By Type

  • Solvent-based coatings
  • Water-based coatings
  • Others
By Geographic Landscapes
  • APAC
  • Europe
  • North America
  • South America
  • MEA
This study identifies the increasing adoption of UV-curable coating as one of the prime reasons driving the automotive refinish coatings market growth during the next few years. Also, the emergence of self-cleaning and self-healing coatings and a rise in demand for polyurethane-based refinish coatings will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive refinish coatings market covers the following areas:
  • Automotive refinish coatings market sizing
  • Automotive refinish coatings market forecast
  • Automotive refinish coatings market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive refinish coatings market vendors that include 3M Co., Akzo Nobel NV, Arkema SA, Axalta Coating Systems Ltd., BASF SE, Clariant International Ltd., Covestro AG, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., and The Sherwin-Williams Co. Also, the automotive refinish coatings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain: Commodity chemicals
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global automotive refinish coatings market 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Solvent-based coatings - Market size and forecast 2019-2024
      • Table Solvent-based coatings - Market size and forecast 2019-2024 ($ billion)
      • Table Solvent-based coatings - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Solvent-based coatings - Year-over-year growth 2019-2024 (%)
    • Water-based coatings - Market size and forecast 2019-2024
      • Table Water-based coatings - Market size and forecast 2019-2024 ($ billion)
      • Table Water-based coatings - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Water-based coatings - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ billion)
      • Table Others - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table Automotive refinish coatings market in APAC 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Automotive refinish coatings market in Europe 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table Automotive refinish coatings market in North America 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table Automotive refinish coatings market in South America 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table Automotive refinish coatings market in MEA 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography
  • Drivers, Challenges, and Trends
    • Volume drivers - Demand led growth
      • Increased focus on R&D and innovative methods to reduce the cycle time
      • Support services leading to efficient use of coatings
      • Economic stability associated with increasing disposable income
        • Table Household disposable income (growth rate %), 2019 or latest available
    • Market challenges
      • Increasing supply-demand imbalance
      • Stringent regulations on solvent-based coatings
      • Fluctuation in raw material prices
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing adoption of UV-curable coating
      • Emergence of self-cleaning and self-healing coatings
      • Rise in demand for polyurethane-based refinish coatings
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • 3M Co.
      • Table 3M Co. - Overview
      • Table 3M Co. - Business segments
      • Table 3M Co. - Key news
      • Table 3M Co. - Key offerings
      • Table 3M Co. - Segment focus
    • Akzo Nobel NV
      • Table Akzo Nobel NV - Overview
      • Table Akzo Nobel NV - Business segments
      • Table Akzo Nobel NV - Key news
      • Table Akzo Nobel NV - Key offerings
      • Table Akzo Nobel NV - Segment focus
    • Arkema SA
      • Table Arkema SA - Overview
      • Table Arkema SA - Business segments
      • Table Arkema SA - Key news
      • Table Arkema SA - Key offerings
      • Table Arkema SA - Segment focus
    • Axalta Coating Systems Ltd.
      • Table Axalta Coating Systems Ltd. - Overview
      • Table Axalta Coating Systems Ltd. - Business segments
      • Table Axalta Coating Systems Ltd. - Key news
      • Table Axalta Coating Systems Ltd. - Key offerings
      • Table Axalta Coating Systems Ltd. - Segment focus
    • BASF SE
      • Table BASF SE - Overview
      • Table BASF SE - Business segments
      • Table BASF SE - Key news
      • Table BASF SE - Key offerings
      • Table BASF SE - Segment focus
    • Clariant International Ltd.
      • Table Clariant International Ltd. - Overview
      • Table Clariant International Ltd. - Business segments
      • Table Clariant International Ltd. - Key news
      • Table Clariant International Ltd. - Key offerings
      • Table Clariant International Ltd. - Segment focus
    • Covestro AG
      • Table Covestro AG - Overview
      • Table Covestro AG - Business segments
      • Table Covestro AG - Key news
      • Table Covestro AG - Key offerings
      • Table Covestro AG - Segment focus
    • Nippon Paint Holdings Co. Ltd.
      • Table Nippon Paint Holdings Co. Ltd. - Overview
      • Table Nippon Paint Holdings Co. Ltd. - Business segments
      • Table Nippon Paint Holdings Co. Ltd. - Key offerings
      • Table Nippon Paint Holdings Co. Ltd. - Segment focus
    • PPG Industries Inc.
      • Table PPG Industries Inc. - Overview
      • Table PPG Industries Inc. - Business segments
      • Table PPG Industries Inc. - Key news
      • Table PPG Industries Inc. - Key offerings
      • Table PPG Industries Inc. - Segment focus
    • The Sherwin-Williams Co.
      • Table The Sherwin-Williams Co. - Overview
      • Table The Sherwin-Williams Co. - Business segments
      • Table The Sherwin-Williams Co. - Key offerings
      • Table The Sherwin-Williams Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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