Automotive coatings - Global Industry Market Analysis Report 2020-2031

Automotive coatings are used on the surface of cars to provide protection against corrosion, high temperature and scratches, while also providing cars with beautiful appearance. According to a report by PACO Research, the global automotive coatings market reached $30 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% to reach $45 billion by 2027. This growth is mainly driven by the growth of global automobile production, consumers' increased requirements for automobile appearance and durability, and increased demand for automobiles in emerging markets.

In addition, with increasingly stringent environmental regulations and consumers' increasing environmental awareness, the market share of environmentally friendly coatings (such as water-based coatings and solvent-free coatings) is rapidly expanding. In 2020, water-based coatings accounted for about 35% of the global automotive coatings market, and it is expected to increase to more than 45% by 2027. Water-based coatings and solvent-free coatings can significantly reduce the emission of volatile organic compounds (VOCs), reduce pollution to the environment, and meet the global requirements for sustainable development.

From the perspective of regional markets, the Asia-Pacific region is the world's largest automotive coatings market, accounting for more than 40% of the global market share in 2020, mainly due to the rapid development of the automotive industry in China, India and other countries. The North American and European markets pay more attention to the application of environmentally friendly coatings, and it is expected that the penetration rate of environmentally friendly coatings in these regions will further increase in the next few years.

In summary, the growth of the global automotive coatings market is not only driven by the development of the automotive industry, but also by environmental protection trends and technological innovations. It will show a steady upward trend in the next few years.

Report Scope

This report aims to deliver a thorough analysis of the global market for Automotive coatings, offering both quantitative and qualitative insights to assist readers in formulating business growth strategies, evaluating the competitive landscape, understanding their current market position, and making well-informed decisions regarding Automotive coatings.

The report is enriched with qualitative evaluations, including market drivers, challenges, Porter’s Five Forces, regulatory frameworks, consumer preferences, and ESG (Environmental, Social, and Governance) factors.

The report provides detailed classification of Automotive coatings, such as type, etc.; detailed examples of Automotive coatings applications, such as application one, etc., and provides comprehensive historical (2020-2025) and forecast (2026-2031) market size data.

The report provides detailed classification of Automotive coatings, such as Body Coatings, Interior Parts Coatings, Exterior Parts Coatings, Refinish Coatings, etc.; detailed examples of Automotive coatings applications, such as Passenger Car, Commercial Vehicle, etc., and provides comprehensive historical (2020-2025) and forecast (2026-2031) market size data.

The report covers key global regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa—providing granular, country-specific insights for major markets such as the United States, China, Germany, and Brazil.

The report deeply explores the competitive landscape of Automotive coatings products, details the sales, revenue, and regional layout of some of the world's leading manufacturers, and provides in-depth company profiles and contact details.

The report contains a comprehensive industry chain analysis covering raw materials, downstream customers and sales channels.

Core Chapters

Chapter One: Introduces the study scope of this report, market status, market drivers, challenges, porters five forces analysis, regulatory policy, consumer preference, market attractiveness and ESG analysis.
Chapter Two: market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Automotive coatings market sales and revenue in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter Four: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Five: Detailed analysis of Automotive coatings manufacturers competitive landscape, price, sales, revenue, market share, footprint, merger, and acquisition information, etc.
Chapter Six: Provides profiles of leading manufacturers, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction.
Chapter Seven: Analysis of industrial chain, key raw materials, customers and sales channel.
Chapter Eight: Key Takeaways and Final Conclusions
Chapter Nine: Methodology and Sources. Show more