The "Automotive Refinish Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive refinish coatings market grew at a CAGR of around 6% during 2014-2019. Looking forward, the publisher expects the global automotive refinish coatings market to continue its moderate growth during the next five years.
Automotive refinish coatings refer to polyurethane, acrylics or alkyd-based coatings used by vehicle body shops and repair centers. These coatings are applied to new/old passenger and commercial vehicles to cover up the damages on the body caused by extreme temperatures, accidents and impact from stones. Some of the commonly used refinish coatings include primer, filler, topcoat, basecoat and activator or hardener coatings. They are either solvent-borne, water-borne or ultraviolet (UV) cured. Among these, water-borne coatings have lower levels of volatile organic compounds (VOCs) than solvent-borne variants, thereby making them highly effective for all automobiles.
The growing automotive industry across the globe represents one of the key factors creating a positive outlook for the market. Furthermore, the increasing number of road accidents and collisions has resulted in the rising requirement for repair and maintenance activities, thereby stimulating the market growth. In line with this, there is a shift in consumer preference toward customized aftermarket modifications of the vehicles. Automotive refining coatings offer improved aesthetic appeal, surface protection and resistance to heat, temperature and corrosion.
Additionally, various product innovations, such as the development of environment-friendly refinish coatings, are acting as other growth-inducing factors. These coatings are manufactured using organic chemicals and have a custom color, faster cure time and minimal VOC emissions. Other factors, including the rising expenditure capacities of consumers, along with the growing demand for recreational vehicles, are anticipated to drive the market further.
Companies Mentioned
- 3M Company
- Akzo Nobel N.V.
- Axalta Coating Systems Ltd.
- BASF SE
- Clariant AG
- Dupont De Nemours Inc.
- Kansai Paint Co. Ltd.
- KCC Corporation
- Nippon Paint Holdings Co. Ltd.
- PPG Industries Inc.
- The Sherwin-Williams Company
Key Questions Answered in This Report:
- How has the global automotive refinish coatings market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global automotive refinish coatings market?
- What are the key regional markets?
- What is the breakup of the market based on the resin type?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the vehicle type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global automotive refinish coatings market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Refinish Coatings Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Resin Type
6.1 Polyurethane
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Alkyd
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Acrylic
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Product Type
7.1 Primer
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Basecoat
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Activator
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Filler
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Topcoat
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Technology
8.1 Solvent-borne
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Water-borne
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 UV-cured
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Vehicle Type
9.1 Passenger Cars
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Commercial Vehicles
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.2 Asia Pacific
10.3 Europe
10.4 Latin America
10.5 Middle East and Africa
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/y3wjo2
View source version on businesswire.com: https://www.businesswire.com/news/home/20201229005204/en/
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