Global Automotive Coatings
Market Report
2025
Automotive Coatings Market size is USD 20986.3 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.60% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automotive Coatings market size is USD 20986.3 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.60% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Automotive Coatings Market Sales Revenue | $ 20986.3 Million | 121212 | 121212 | 121212 | 8.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Resin |
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Market Split by Technology |
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Market Split by Coat |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Automotive Coatings industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Coatings Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The automotive coatings market encompasses a wide array of products designed to improve both the aesthetic appeal and functionality of vehicles. These coatings serve to protect vehicles from corrosion, UV radiation, and environmental contaminants while also providing a glossy finish that improves their visual appeal. With the automotive industry constantly evolving to meet consumer demands for durability, sustainability, and innovation, the coatings sector has seen significant advancements in recent years. Key players in the market continually invest in research and development to introduce coatings that provide improved performance, eco-friendliness, and ease of application. Additionally, growing concerns about environmental impact and regulations have spurred the development of water-based and low-VOC coatings, reflecting a broader trend toward sustainability in the automotive industry. As automotive designs become more sophisticated and consumers seek customization options, the demand for high-quality coatings tailored to specific requirements is expected to continue rising.
Technological Advancements to Increase the Demand Globally - Innovations in coating technologies play a crucial role in shaping the automotive coatings market. Advancements such as nanotechnology, self-healing coatings, and eco-friendly formulations are driving the market forward by offering improved durability, performance, and environmental sustainability. As consumers and manufacturers alike prioritize efficiency, safety, and environmental concerns, technological innovations become key drivers shaping the automotive coatings landscape. Vehicle Production Growth—The growth significantly influences the automotive coatings market in global vehicle production. As the automotive industry expands, the demand for coatings to protect and improve the appearance of these vehicles increases.
Environmental Regulations- Stringent regulations on volatile organic compounds (VOCs) and hazardous air pollutants limit the formulation and use of certain automotive coatings, driving manufacturers to develop eco-friendly alternatives. Technological Complexity- Developing coatings that meet increasingly stringent performance requirements while also aligning with sustainability goals presents a significant technical challenge for manufacturers, potentially limiting innovation and market growth.
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In July 2022, AkzoNobel acquired Lankwitzer Lackfabrik’s aluminum wheel liquid coatings business segment to strengthen its performance coating portfolio. This will complement the existing powder coatings product portfolio and broaden the range of innovative products.
(Source: https://www.akzonobel.com/en)
Top Companies Market Share in Automotive Coatings Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The region houses a robust automotive manufacturing sector, with major players like the United States, Canada, and Mexico contributing significantly to vehicle production. Additionally, North America boasts a high demand for premium and customized vehicles, driving the need for advanced coatings technologies. Moreover, stringent environmental regulations in the region push for the adoption of eco-friendly coatings, prompting innovation and market growth in this segment.
Asia-Pacific stands out as the fastest-growing region in the Automotive Coatings market for several compelling reasons. The region's expanding automotive industry, driven by rising disposable incomes and urbanization, fuels the demand for vehicles and, consequently, automotive coatings. Moreover, the shift of automotive manufacturing hubs to countries like China, India, and South Korea has increased production volumes, driving the need for coatings. Additionally, the adoption of advanced coating technologies and the presence of key automotive coating manufacturers in the region further contribute to its rapid growth.
The current report Scope analyzes Automotive Coatings Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Coatings Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Coatings Industry growth. Automotive Coatings market has been segmented with the help of its Resin, Technology Coat, and others. Automotive Coatings market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, acrylic resin is the dominating category due to its versatility, durability, and ease of application. Its excellent weather resistance, gloss retention, and color stability make it ideal for exterior coatings, providing long-lasting protection against UV radiation and environmental factors. Acrylic resin's quick drying time and compatibility with various pigments and additives further enhance its appeal to manufacturers seeking efficient production processes and customizable solutions. Additionally, its low VOC content aligns with stringent environmental regulations, appealing to eco-conscious consumers and facilitating compliance with sustainability goals. Overall, acrylic resin's superior performance and adaptability solidify its position as a leading choice in automotive coatings.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Coatings Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Automotive Coatings Market.
Some of the key Technology of Automotive Coatings are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Coatings Market is witnessing significant growth in the near future.
In 2023, the Polyurethane segment accounted for noticeable share of global Automotive Coatings Market and is projected to experience significant growth in the near future.
The Waterborne Coatings segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Axalta Coating Systems , PPG Industries and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Axalta Coating Systems, a global coatings company, was named a top global supplier of 2023 by General Motors. The company, along with 86 other suppliers, provided innovative products and services to GM, aiming to help create advanced vehicles while achieving mutual sustainability goals. The selection process for Supplier of the Year award winners is based on performance, innovation, cultural alignment with GM's values, and commitment to achieving ambitious goals. The GPSC Priority Wheel, a framework prioritizing safety, inclusion, and relationships, guides the selection process, fostering a robust, diverse, and collaborative partnership ecosystem that drives mutual success for GM and its suppliers. The global, cross-functional GM team selects award winners based on performance, innovation, and commitment to achieving GM's ambitious goals.
Two ways to maintain clean sensors are nonstick and self-cleaning coatings. And for both, manufacturers can draw on existing expertise. Coatings already enable nonstick cookware in several ways, including using grafted siloxanes, fluorinated polymers, and micropatterned textures. Automotive surfaces can use some of the same science. Self-cleaning coatings may also reduce maintenance and downtime. Substances such as titanium dioxide can catalytically break down gunk using solar energy, a trick already used in architectural glass to make office building exteriors stay cleaner.
Disclaimer:
Resin | Polyurethane, Epoxy, Acrylic, Others |
Technology | Waterborne Coatings, Solvent Borne Coatings, Powder Coatings, Others |
Coat | Electro Coat, Primer, Base Coat, Clear Coat |
Application | OEM, Refinish, Plastic Part |
List of Competitors | Axalta Coating Systems, BASF, PPG Industries, Nippon Paint, Kansai Paint, AkzoNobel, KCC Paint, Bayer AG, Arkema SA, Beckers Group, Cabot Corporation, Berger Paints, Eastman Chemical Company, Valspar Corporation, Clariant AG |
This chapter will help you gain GLOBAL Market Analysis of Automotive Coatings. Further deep in this chapter, you will be able to review Global Automotive Coatings Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Coatings. Further deep in this chapter, you will be able to review North America Automotive Coatings Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Coatings. Further deep in this chapter, you will be able to review Europe Automotive Coatings Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Coatings. Further deep in this chapter, you will be able to review Asia Pacific Automotive Coatings Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Coatings. Further deep in this chapter, you will be able to review South America Automotive Coatings Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Automotive Coatings. Further deep in this chapter, you will be able to review Middle East and Africa Automotive Coatings Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Coatings. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 7 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 8 Qualitative Analysis (Subject to Data Availability)
Segmentation Resin Analysis 2019 -2031, will provide market size split by Resin. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 9 Market Split by Resin Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Technology Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Coat Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Coatings market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Polyurethane have a significant impact on Automotive Coatings market? |
What are the key factors affecting the Polyurethane and Epoxy of Automotive Coatings Market? |
What is the CAGR/Growth Rate of Waterborne Coatings during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Coatings Market? |
Which region is expected to dominate the global Automotive Coatings Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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