Automotive Refinish Coatings Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2022–2028

 

Reports and Data estimates the global Automotive Refinish Coatings competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Automotive Refinish Coatings during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include PPG Industries Inc., The Sherwin Williams Company, Axalta Coating systems Ltd., AzkoNobel N.V BASF SE, Convestro AG, Kansai Paints Co. Ltd., Esdee Paint Ltd., KCC Corporation, KAPCI Coating Co. Ltd., NOROO Paint & Coatings Co. Ltd, The Lubrizol Corporation, S.Coat Co., Ltd., Nippon Paint Holding Co. Ltd., and Berger Paints India Ltd.

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Automotive Refinish Coatings Overview :-

The global automotive refinish coatings market is expected to reach USD 12.29 Billion by 2028, according to a new report by Reports and Data. This can be mainly contributed by the increasing disposable incomes and changing lifestyle, growth of automotive industry, rise of environment friendly coating technologies and increasing demand for UV-curable coating and nanocoating.

Increasing number of registered cases of accidents owing to the increased road congestion, rapid adoption of technologies and rising disposable income among the average income population, in the developing economies are boosting the market growth.  Asia-Pacific is the key market for these coatings due to the growth of the automotive industry, and demand for car sharing, ride hailing services in the region.Volatile costs of raw materials and stringent regulations regarding various VOC-containing products are the factors hindering the growth of the market.

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For the purpose of this report Reports and Data has segmented global Automotive Refinish Coatings market on the basis of type, application, and region:

Technology Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)

·       Solvent-borne Coatings

·       Water-borne Coatings

·       UV-cured Coatings

Substrate Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)

·       Glass

·       Metal

·       Plastic

·       Other

Applications Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)

·       Commercial vehicles

·       Light Commercial Vehicle (LCV)

·       Heavy Commercial Vehicle (HCV)

·       Passenger vehicles

·       Compact

·       Executive

·       Luxury

·       Two-wheeler

Key Regional Markets Covered in the Report:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

 

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 Key Questions answered by the Report:

·       What is the expected year-on-year growth of the Automotive Refinish Coatings during the forecast period?

·       What key trends are expected influence revenue growth of the market going ahead?

·       Which region is expected to account for largest revenue share over the forecast period?

·       Which key companies are profiled in the report?

 

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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