Automotive Paints and Coatings Market

The global Automotive Paints and Coatings market was valued at 20500 million in 2021 and is projected to reach US$ 23560 million by 2028, at a CAGR of 2.0% during the forecast period.

The USA market for Global Automotive Paints and Coatings market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Automotive Paints and Coatings market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Automotive Paints and Coatings market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Automotive paints and coatings are used as a layer to protect the substrate from environmental damage while providing it with color and glossiness to increase the beauty of the substrate.

Automotive Paints and Coatings Market contains market size and forecasts of Automotive Paints and Coatings in global, including the following market information:

• Global Automotive Paints and Coatings Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Automotive Paints and Coatings Market Sales, 2017-2022, 2023-2028, (K MT)
• Global top five Automotive Paints and Coatings companies in 2021 (%)

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Water-based Coating Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Paints and Coatings include Akzonobel, BASF, Axalta Coating Systems, Cabot, Donglai Coating Technology, Eastman, Teknos, Nippon Paint Holdings and PPG Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Paints and Coatings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Paints and Coatings Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive Paints and Coatings Market Segment Percentages, by Type, 2021 (%)

• Water-based Coating
• Solvent Coatings
• Powder Coatings
• Others

Global Automotive Paints and Coatings Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive Paints and Coatings Market Segment Percentages, by Application, 2021 (%)

• Passenger Vehicle
• Commercial Vehicle

Global Automotive Paints and Coatings Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive Paints and Coatings Market Segment Percentages, By Region and Country, 2021 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Automotive Paints and Coatings revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Automotive Paints and Coatings revenues share in global market, 2021 (%)
• Key companies Automotive Paints and Coatings sales in global market, 2017-2022 (Estimated), (K MT)
• Key companies Automotive Paints and Coatings sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Akzonobel
• BASF
• Axalta Coating Systems
• Cabot
• Donglai Coating Technology
• Eastman
• Teknos
• Nippon Paint Holdings
• PPG Industries
• Kansai Paint
• Sherwin-Williams Company
• KCC Paint
• Covestro
• Solvay
• Valspar
• Strong Chemical
• Kinlita
• YATU