Worldwide Automotive Coatings Industry to 2027 - Focus on Types, Technologies, Layers and Regional Demand

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Oct 13, 2022, 09:00 ET

DUBLIN, Oct. 13, 2022 /PRNewswire/ -- The "Automotive Coatings: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.

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.

A coating is a layer on a substrate that protects the substrate from the external environment and gives color and glossiness to the substrate. In addition, the coating provides safety from corrosion, ultraviolet (UV) light and temperature fluctuations. Automotive coating features such as scratch resistance, compatibility with any substrate and environmental friendliness fuel demand for automotive coatings.

Automotive OEM coatings are used by automotive manufacturers on new passenger cars, light commercial vehicles and heavy commercial vehicles. Automotive refinish coatings are used only for aftermarket purposes, where coating is applied to vehicles after the initial manufacturing process. The demand for refinish coating may rise due to increasing rate of accidents or aging vehicles.

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.

Reasons for Doing This Study:

The automotive coatings market experienced uncertain conditions due to the COVID-19 pandemic and worldwide lockdowns. There was a dramatic decline of vehicle sales in 2020 and 2021, shortages in raw material availability, and supply chain issues. This, in turn, has significantly affected the growth of the automotive coatings industry, globally.
Moreover, the pressure to use environmentally friendly automotive coatings is increasing across the globe. Increased raw material prices and stricter environmental regulations on VOC levels has forced companies to focus on the development of automotive coatings with advanced technologies that comply with current and future environmental regulations.
This updated study provides a detailed description of COVID-19's impact on the automotive coatings market and discusses new innovations and technologies in the coatings industry that comply with global environmental regulations.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Value Chain
Description of Automobile Coating Processes
Automotive Coating Layers
E-coating
Primer
Base Coat
Clear Coat
Automotive Coating Technology
Water-borne
Powder Coating
Solvent-Borne
Others
Automotive Coating Resins
Polyurethane
Epoxy
Acrylic
Others
Automotive Coating Types
Automotive OEMs
Automotive Refinish
Automotive Coating Applications
Metals
Plastics
Present Automotive Coating Market

Chapter 4 Impact of the Russian-Ukrainian War on the Market

Chapter 5 Global Market for Automotive Coatings

Chapter 6 Global Market for Automotive OEM Coatings

Overview
Automotive OEM Coating Market by Technology
Global Automotive OEM Coating Market by Coating Layer
Global Market for Automotive OEM Coatings by Region
Global Market for Automotive OEM E-Coatings by Region
Global Market for Automotive OEM Primers by Region
Global Market for Automotive OEM Base Coatings by Region
Global Market for Automotive OEM Clear Coatings by Region
Global Market for Automotive OEM Solvent Coatings by Region
Global Market for Automotive OEM Water-Borne Coatings by Region
Global Market for Automotive OEM Powder Coatings by Region
Global Market for Other Automotive OEM Coatings by Region
Global Market for Automotive OEM E-Coatings by Technology
Global Market for Automotive OEM Primers by Technology
Global Market for Automotive OEM Base Coating Technology
Global Market for Automotive OEM Clear Coating Technology

Chapter 7 Global Market for Automotive Refinish Coatings

Overview
Global Market for Automotive Refinish Coating Technology
Global Market for Automotive Refinish Coatings by Coating Layer
Global Market for Automotive Refinish Coating by Region
Global Market for Automotive Refinish Primers by Region
Global Market for Automotive Refinish Base Coatings by Region
Global Market for Automotive Refinish Clear Coating by Region
Global Market for Automotive Refinish Solvent Coating by Region
Global Market for Automotive Refinish Water-Borne Coating by Region
Global Market for Automotive Refinish Powder Coating by Region
Global Market for Other Automotive Refinish Coatings by Region
Global Market for Automotive Refinish Primer by Technology
Global Market for Automotive Refinish Base Coating by Technology
Global Market for Automotive Refinish Clear Coating by Technology

Chapter 8 Market Indicators

Automotive Industry (2020 to 2022)
Growth in Electric Vehicles
Increasing Demand for Metallic Coating
Ultraviolet (UV) Technology
Exploring UV Attributes
Automotive Forward Lighting
Exterior Plastic Parts
SMC Body Panels
OEM Clear Coating
Other Applications
Technological Changes: Integrated Solutions, Anti-collision Systems, Color Innovation and Reliability
PixelPaint Non-Overspray Technology
Robots for Detailed Surface Painting
Robot Control to Process Control
Dense Phase Technology
Shifting Consumer Preferences: Paint Color and Vehicle Weight
North American Color Preference
European Color Preference
Asia-Pacific Color Preference
South American Color Preference
African Color Preference
Decrease in Accident Rates Restrain Refinishing Market in 2020
Road Deaths by Age Group in 2020
Road Deaths by Transport Mode in 2020
Conclusion
Insurance Industry Driving Demand for Auto Refinish Market
Recent Trends in Auto Insurance