Report Highlights
The global automotive coatings market should reach $24.2 billion by 2027 from $20.6 billion in 2022 at a compound annual growth rate (CAGR) of 3.2% for the forecast period of 2022 to 2027.
Report Includes
- 75 data tables and 31 additional tables
- An overview of the global market for automotive coatings
- Estimation of the market size and analyses of global market trends, both in terms of value and volume, with data from 2021, estimates for 2022, with projections of compound annual growth rates (CAGRs) through 2027
- Details on the technical and commercial aspects of various layers of automotive coating, and advantages of automotive coating technologies
- Information on the technological innovation, the environmental concerns and the regulatory pressures that are currently faced by coating suppliers
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market trends, market size, and forecast
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies
- Comprehensive company profiles of the leading players, including AkzoNobel N.V., BASF SE, PPG Industries Inc., RPM International and The Sherwin-Williams Co.
Report Scope
This report provides an updated review of the automotive coatings market, focusing on its types, technologies, layers and regional demand.
The report provides detailed analyses of key trends and opportunities impacting the market’s growth. It also analyzes the challenges faced by automotive coating companies and producers of passenger and commercial vehicles.
The report has a separate section highlighting the impact of COVID-19 on the automotive coatings market at the global level.
The market sizes and estimations are provided in terms of volume (million liters) and value ($ millions), considering 2021 as base year, with a market forecast for the period from 2022 to 2027. Regional market sizes, with respect to OEM and refinish types by technology and by layer, are also provided. The impact of COVID-19 was considered while estimating market sizes.
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||
| Forecast period considered | 2022–2027 | ||||||||||
| Base year market size | $20.2 billion | ||||||||||
| Market size forecast | $24.2 billion | ||||||||||
| Growth rate | CAGR of 3.2% from 2022 to 2027 | ||||||||||
| Units considered | $ Millions | ||||||||||
| Segments covered | Type, Technology, Coating Layer, Region, Country | ||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America, Middle East & Africa (MEA). | ||||||||||
| Countries covered | U.S., Canada., Mexico., Germany., U.K., Other European countries., China., India., Japan., Other Asia-Pacific countries., Brazil. , Other South American countries. | ||||||||||
| Key Market Drivers |
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| Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global automotive coatings market should reach $27.3 billion by 2023 from $22.8 billion in 2018 at a compound annual growth rate (CAGR) of 3.6% for the period 2018 to 2023.
Report Highlights
The global market for automotive coatings will grow from nearly $21.0 billion in 2016 to nearly $26.0 billion by 2021 with a compound annual growth rate (CAGR) of 4.4% for the period of 2016-2021.
Report Highlights
The global market for automotive coatings reached $17 billion in 2012 and $18 billion in 2013. This market is expected grow to $23.1 billion in 2018, a compound annual growth rate (CAGR) of 5.2% from 2013 to 2018.
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