World Automotive Paint Market to 2027

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World Automotive Paint Market

Global Automotive Paint Market

World Automotive Paint Market

Dublin, Feb. 14, 2022 (GLOBE NEWSWIRE) — The “World Automotive Paint Market, By Sort, By Know-how, By Resin, By Texture, By Automobile, By Channel, Estimation & Forecast, 2017 – 2027” report has been added to ResearchAndMarkets.com’s providing.

The worldwide Automotive Paint market held a market worth of USD 18,023.8 Million in 2021 and is projected to succeed in USD 23,244.2 Million by the 12 months 2027. The market is anticipated to develop at a CAGR of 4.3% from 2022 to 2027. Roughly, 2,752.65 million litres of automotive paint was offered in 2021.

Automotive paints makes use of in cars for adornment in addition to safety functions. The market is predicted to be pushed by the growing manufacturing for automobiles. Moreover, larger use of polyurethane paints can be estimated to gas the market progress. Along with these driving components rising tendencies, akin to availability of varied coloration choices, reliability, and sturdiness are additionally anticipated to offer profitable alternatives for the market progress.

Regardless of the driving components, laws towards risky natural compounds emissions are anticipated to hinder the market progress. Additionally, always altering uncooked materials costs and points relating to portray plastic and composite parts are additionally estimated to negatively influence the market progress.

Progress Influencers:

Growing manufacturing for automobiles

Vehicle manufacturing is quickly rising globally attributable to their excessive demand. In response to Worldwide Group of Motor Automobile Producers, in 2017, round 97,302,534 automobiles had been produced globally, which was a 2.36% enhance from the earlier 12 months. Due to this fact, such enhance within the manufacturing of automobiles can be growing the demand for automotive paints as nicely, which is boosting the market progress throughout the forecast interval.

Segments Overview:

The worldwide Automotive Paint market is segmented into kind, expertise, resin, texture, car, and channel.

By Sort

  • Electrocoat

  • Primer

  • Basecoat

  • Clearcoat

The clearcoat phase is predicted to carry the most important market share of round 37% owing to its excessive desire because it gives a great and constant end on the car floor. The electrocoat phase is estimated to carry a market quantity dimension of round 700 million liters by 2027.

By Resin

  • Polyurethane

  • Epoxy

  • Acrylic

  • Different Resins

The polyurethane phase is predicted to carry the most important market share owing to its growing utilization of this resin in topcoats for bettering the sturdiness of coats and improves car look in addition to protects them from scratches. Moreover, for the acrylic phase, round 500 million liters of acrylic resin is estimated to be offered by 2025.

By Know-how

  • Solvent Borne

  • Waterborne

  • Powder Coating

The waterborne phase is anticipated to carry the most important market share owing to its growing demand as it’s cheap as in comparison with different applied sciences, and likewise has fast drying properties. The powder coating phase is predicted to witness the quickest progress price of 5.5% owing to its rising adoption for premium and ultra-premium cars.

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By Texture

  • Strong

  • Metallic

  • Matte

  • Pearlescent

  • Photo voltaic Reflective

The metallic phase is anticipated to carry the most important market share of greater than 60% owing to its growing demand. The pearlescent phase is predicted to develop on the quickest CAGR of 5% owing to its rising recognition globally.

By Automobile

The passenger automobiles phase is anticipated to carry the most important market share owing to excessive demand of automotive paints for coating passenger automobiles. The heavy business automobiles phase’s quantity is estimated to witness a progress price of round 4.9% throughout the projected interval.

By Channel

The aftermarket phase is predicted to witness a progress price of 4.6% throughout the forecast interval. The OEMs phase is predicted to register important progress owing to rising demand of automotive paints by means of the OEM channels.

Regional Overview

By area, the worldwide Automotive Paint market is split into Asia Pacific, Europe, North America, Center East & Africa, and South America.

The Asia Pacific area is predicted to carry the most important market share of greater than 55% owing to the growing manufacturing in addition to gross sales of cars within the area. In response to the Worldwide Group of Motor Automobile Producers, as of 2017, in China, the manufacturing of automobiles elevated by 3.19% from the earlier 12 months and reached to 29,015,434.

The North America area is anticipated to witness a progress price of about 3.2% owing to the presence of an enormous automotive sector within the area. Moreover, varied technological developments can be estimated to gas the market progress.

Aggressive Panorama

Main gamers within the world Automotive Paint market embrace 3M, Akzo Nobel N.V, Axalta Coating Methods, LLC, BASF SE, Clariant AG, DOW Chemical, DuPont Coatings & Coloration Applied sciences Group, Kansai Paint Co., Ltd., KCC, Nippon Paint Holdings Co., Ltd., PPG Industries, Sherwin-Williams Firm, Solvay, Valspar Company, and Different Distinguished Gamers. The cumulative market share of the 5 main gamers is close to about 70%.

These market gamers are concerned in collaborations, mergers & acquisitions, and new product launches, amongst different initiatives, to strengthen their market presence. As an illustration, in October 2021, Clariant launched the Emulsogen CPN 100 XS and Emulsogen CPA 100 XS. The merchandise are modern reactive emulsifiers for polymeric binders which help paint producers for attaining architectural coatings which can be waterproof in addition to have larger resistance to grime decide up and snail trails.

The worldwide Automotive Paint market report gives insights on the under pointers:

  • Market Penetration: Gives complete data available on the market supplied by the outstanding gamers

  • Market Growth: The report provides detailed details about profitable rising markets and analyzes penetration throughout mature segments of the markets

  • Market Diversification: Gives in-depth details about untapped geographies, latest developments, and investments

  • Aggressive Panorama Evaluation: Mergers & acquisitions, certifications, product launches within the world Automotive Paint market have been supplied on this analysis report. As well as, the report additionally emphasizes the SWOT evaluation of the main gamers.

  • Product Growth & Innovation: The report gives clever insights on future applied sciences, R&D actions, and breakthrough product developments

  • Main Automotive Paint Producers, Checklist of Automotive Paint Producers, Checklist of Automotive Paint Distributors of High Firms

  • Automotive Manufacturing, Nation Smart (2020); Common Value to Paint a Automotive, by Components

  • Automotive Coloration Tendencies; Costly Automotive Paint Examples

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The worldwide Automotive Paint market report solutions questions akin to:

  • What’s the market dimension and forecast of the World Automotive Paint Market?

  • What are the inhibiting components and influence of COVID-19 on the World Automotive Paint Market throughout the evaluation interval?

  • That are the merchandise/segments/functions/areas to put money into over the evaluation interval within the World Automotive Paint Market?

  • What’s the aggressive strategic window for alternatives within the World Automotive Paint Market?

  • What are the expertise tendencies and regulatory frameworks within the World Automotive Paint Market?

  • What’s the market share of the main gamers within the World Automotive Paint Market?

  • What modes and strategic strikes are thought of favorable for getting into the World Automotive Paint Market?

Key Matters Lined:

Chapter 1. Analysis Framework

Chapter 2. Analysis Methodology

Chapter 3. Government Abstract: World Automotive Paint Market

Chapter 4. World Automotive Paint Market Overview
4.1. Business Worth Chain Evaluation
4.1.1. Uncooked Materials Provider
4.1.2. Producer
4.1.3. Distributors
4.1.4. Finish Customers
4.2. Business Outlook: Paints and Coatings Market
4.2.1. Main Automotive Paint Producers
4.2.2. Automotive Manufacturing, Nation sensible (2020)
4.2.3. Common Value to Paint a Automotive, by Components
4.2.4. Costly Automotive Paint Examples
4.2.5. Automotive Coloration Tendencies
4.3. PESTLE Evaluation
4.4. Porter’s 5 Forces Evaluation
4.4.1. Bargaining Energy of Suppliers
4.4.2. Bargaining Energy of Patrons
4.4.3. Menace of Substitutes
4.4.4. Menace of New Entrants
4.4.5. Diploma of Competitors
4.5. Market Dynamics and Tendencies
4.5.1. Progress Drivers
4.5.2. Restraints
4.5.3. Challenges
4.5.4. Key Tendencies
4.6. Covid-19 Impression Evaluation on Market Progress Development
4.7. Market Progress and Outlook
4.7.1. Market Income Estimates and Forecast (US$ Mn), 2017 – 2027
4.7.2. Market Quantity Estimates and Forecast (Liters), 2017 – 2027
4.7.3. Pricing Evaluation
4.8. Competitors Dashboard
4.8.1. Market Focus Fee
4.8.2. Firm Market Share Evaluation (Worth %), 2020
4.8.3. Competitor Mapping

Chapter 5. Automotive Paint Market, By Sort
5.1. Key Insights
5.2. Market Dimension and Forecast, 2017 – 2027 (US$ Mn and Mn Liters)
5.2.1. Electrocoat
5.2.2. Primer
5.2.3. Basecoat
5.2.4. Clearcoat

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Chapter 6. Automotive Paint Market, By Know-how
6.1. Key Insights
6.2. Market Dimension and Forecast, 2017 – 2027 (US$ Mn and Mn Liters)
6.2.1. Solvent borne
6.2.2. Waterborne
6.2.3. Powder Coating

Chapter 7. Automotive Paint Market, By Resin
7.1. Key Insights
7.2. Market Dimension and Forecast, 2017 – 2027 (US$ Mn and Mn Liters)
7.2.1. Polyurethane
7.2.2. Epoxy
7.2.3. Acrylic
7.2.4. Different Resins

Chapter 8. Automotive Paint Market, By Texture
8.1. Key Insights
8.2. Market Dimension and Forecast, 2017 – 2027 (US$ Mn and Mn Liters)
8.2.1. Strong
8.2.2. Metallic
8.2.3. Matte
8.2.4. Pearlescent
8.2.5. Photo voltaic reflective

Chapter 9. Automotive Paint Market, By Automobile
9.1. Key Insights
9.2. Market Dimension and Forecast, 2017 – 2027 (US$ Mn and Mn Liters)
9.2.1. Passenger Vehicles
9.2.2. Mild Business Automobile
9.2.3. Heavy Business Automobile

Chapter 10. Automotive Paint Market, By Channel
10.1. Key Insights
10.2. Market Dimension and Forecast, 2017 – 2027 (US$ Mn and Mn Liters)
10.2.1. OEMs
10.2.2. Aftermarket

Chapter 11. Automotive Paint Market, By Area/ Nation

Chapter 12. North America Automotive Paint Market Evaluation

Chapter 13. Europe Automotive Paint Market Evaluation

Chapter 14. Asia Pacific Automotive Paint Market Evaluation

Chapter 15. Center East & Africa Automotive Paint Market Evaluation

Chapter 16. South America Automotive Paint Market Evaluation

Chapter 17. The U.S. Automotive Paint Market Evaluation

Chapter 18. The UK Automotive Paint Market Evaluation

Chapter 19. Germany Automotive Paint Market Evaluation

Chapter 20. China Automotive Paint Market Evaluation

Chapter 21. India Automotive Paint Market Evaluation

Chapter 22. Japan Automotive Paint Market Evaluation

Chapter 23. South Korea Automotive Paint Market Evaluation

Chapter 24. Firm Profile (Firm Overview, Monetary Matrix, Gross sales Composition Ration, Key Product panorama, Key Personnel, Key Rivals, Contact Handle, and Enterprise Technique Outlook)
24.1. 3M
24.2. Akzo Nobel N.V
24.3. Axalta Coating Methods, LLC
24.4. BASF SE
24.5. Clariant AG
24.6. DOW Chemical
24.7. DuPont Coatings & Coloration Applied sciences Group
24.8. Kansai Paint Co., Ltd.
24.9. KCC
24.10. Nippon Paint Holdings Co., Ltd.
24.11. PPG Industries
24.12. Sherwin-Williams Firm
24.13. Solvay
24.14. The Sherwin-Williams
24.15. Valspar Company
24.16. Different Distinguished Gamers

For extra details about this report go to https://www.researchandmarkets.com/r/gxvmeu

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