This Automotive Refinish Coatings Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyzes that the global automotive refinish coatings market which was USD 11,434.48 million in 2023, is expected to reach USD 15,672.97 million by 2031, growing at a CAGR of 4.02% during the forecast period of 2024 to 2031.
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Market Overview:
The essential factors contributing to the growth of the automotive refinish coatings market include high levels of road accidents and collisions. Also, the high-quality finish and reduced emissions provided by high solid formulations is significantly contributing to the market’s growth. Rising disposable income fuels the automotive refinish coatings market as consumers, with increased financial capacity, are more inclined towards aftermarket modifications for vehicle customization. The growing preference for personalized aesthetics and unique vehicle appearances drives the demand for high-quality refinish coatings.
Some of the major players operating in the Automotive Refinish Coatings Market are
Axalta Coating Systems LLC (U.S.), BASF SE (Germany), PPG Industries Inc. (U.S.), Kansai Paint Co.Ltd. (Japan), NIPSEA GROUP (Singapore), Bayer AG (Germany), KCC CORPORATION (South Korea), Akzo Nobel N.V. (Netherlands), The Sherwin-Williams Company (U.S.), Berger Paints India Limited (India), Cabot Corporation (U.S.), Clariant (Switzerland), NOROO Paint & Coatings co.Ltd. (South Korea), KAPCI Coatings (Egypt), Alsa Refinish and The Alsa Corporation (U.S.), The Dow Chemical Company (U.S.), The Lubrizol Corporation (U.S.), ALTANA (Germany) among others.
Global Automotive Refinish Coatings Market Scope
The automotive refinish coatings market is segmented on the basis of resin type, coating technology, product and vehicle age. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Resin Type
- Acrylic
- Alkyd
- Polyurethane
- Epoxy
- Nitrocellulose
Coating Technology
- Waterborne
- Solvent-Borne
- UV-Cured
Product
- Primer
- Basecoat
- Putty
- Activators
- Filler
- Topcoat
Vehicle Age
- Less than 5 Years
- 5-10 Years
- More than 10 Years
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Automotive Refinish Coatings Market Landscape
Part 04: Global Automotive Refinish Coatings Market Sizing
Part 05: Global Automotive Refinish Coatings Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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