Automotive Coatings Market Analysis and Forecasts, 2016 to 2024

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Automotive Coatings Market Share, Size, Analysis,
Regional Outlook, Growth, Trends and Forecasts to
2024 Hexa Research
Automotive Coatings Market to Grow Beyond 28
Million by 2024
The global Automotive Coatings Market is
anticipated to surpass USD 28 billion by 2024.
The rising demands for coatings on account of its
ability to protect vehicles against acid rain,
harsh weather, and UV radiation are projected to
propel market growth. Increasing consumption of
UV-cured coatings due to their properties such as
high chemical resistance, solvent-free
formulations, and low-temperature processing is
expected to boost the product demands. However,
fluctuating raw material prices are likely to
pose a challenge for market growth. The global
market is categorized as technologies, products,
applications, end-uses, and regions.
The technology sector includes waterborne,
solvent-borne, powder coatings, UV-cured. The
solvent-borne sector led the industry in the past
few years. However, it is likely to drop its
share drastically since it releases high levels
of Hazardous Air Pollutants (HAP) and Volatile
Organic Compounds (VOCs). Powder coatings are
said to have the fastest growth due to their
various properties like superior finish, high
corrosion resistance, etc. Waterborne coatings
are also likely to experience huge growth on
account of their properties such as heat
resistance, adhesion etc.
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The product sector of the automotive coatings
market comprises electrocoat, primer, clearcoat,
and basecoat. The basecoat sector led the market
and is projected to have significant growth
during the forecast period (from 2016 to 2024).
Electrocoats are likely to drive the market since
they are anti-corrosion and anti-rust agents. The
demands for clearcoat are estimated to grow as it
provides protection against sun and UV rays.
Application-wise, the metal sector dominated the
industry and it is further expected to witness
huge growth in the near future. Plastic coatings
are projected to be the fastest-growing
application sector due to its increasing usage in
automobile manufacturing as it is flexibility,
lightweight, corrosion-resistant, durable,
cost-effective, and recyclable.
Light vehicle OEM led the end-use sector in 2015
and it is said to experience a considerable
growth during the next few years. The automotive
refinish sector is likely to have rapid growth on
account of growing consumer spending levels in
developing economies of the APAC region.
Asia-Pacific was the dominant regional market in
2015. The region is projected to experience rapid
growth with a CAGR of over 6 over the estimated
years. Europe is likely to drop its market share
in the automotive refinishes sector to APAC due
to lesser accident levels in the region. The
Middle East Africa will also have huge growth
as a result of rising production facilities in
the region.
The key players of the automotive coatings market
include Axalta Coating Systems PPG Industries
Jotun A/S BASF SE AkzoNobel N. V. and Kansai
Paint Co. Ltd.
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Table of Content of Automotive Coatings Market
Chapter 1 Research Methodology 1.1 Research
Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast 1.1.3
Industry insights and validation 1.2 List of Data
Sources
Chapter 2 Executive Summary
2.1 Automotive coatings market snapshot, 2014
2024
Chapter 3 Automotive Coatings Industry
Insights 3.1 Automotive coatings market
segmentation 3.2 Automotive coatings market size
and growth prospects, 2014 - 2024 3.3 Automotive
coatings value chain analysis 3.3.1 Vendor
landscape
3.4 Raw material outlook
3.5 Technology Overview
3.6 Regulatory framework
3.7 Automotive coatings market dynamics 3.7.1
Growth drivers
3.7.1.1 Growing automotive industry in Asia
Pacific 3.7.1.2 Growing demand for powder
coatings 3.7.2 Industry pitfalls and
challenges 3.7.2.1 Fluctuating raw material
prices 3.8 Key opportunities prioritized
3.9 Porters analysis
3.10 Company market share analysis, 2014 3.11
PESTEL analysis
Chapter 4 Automotive Coatings Technology Insights
4.1 Global automotive coatings market volume
share by technology, 2016 2024 4.2 Waterborne
coatings
4.2.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million)
4.2.2 Market estimates and forecast, by region,
2016 - 2024 (Kilo Tons) (USD
Million)
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4.3 Solventborne coatings
4.3.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 4.3.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million) 4.4 Powder Coatings
4.4.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 4.4.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million) 4.5 UV-Cured
4.5.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 4.5.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million)
Chapter 5 Automotive Coatings Product Insights
5.1 Global automotive coatings market volume
share by product, 2014 2022 5.2 Primer
5.2.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.2.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million) 5.3 Electrocoat
5.3.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.3.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million) 5.4 Basecoat
5.4.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.4.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million) 5.5 Clearcoat
5.5.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 5.5.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million)
Chapter 6 Automotive Coatings Application Insights
6.1 Global automotive coatings market volume
share by application, 2014 2022 6.2 Metals
6.2.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 6.2.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million) 6.3 Plastics
6.3.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 6.3.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million)
Chapter 7 Automotive Coatings End-Use Insights
7.1 Global automotive coatings market volume
share by end-use, 2014 2022
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7.2 Light Vehicle OEM
7.2.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 7.2.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million) 7.3 Commercial OEM
7.3.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 7.3.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million) 7.4 Automotive Refinish
7.4.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 7.4.2 Market estimates
and forecast, by region, 2016 - 2024 (Kilo Tons)
(USD Million)
Chapter 8 Automotive Coatings Regional Insights
8.1 Global automotive coatings market volume
share by region, 2014 2022 8.2 North America
8.2.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 8.2.2 Market estimates
and forecast, by product, 2016 - 2024 (Kilo Tons)
(USD Million) 8.2.3 Market estimates and
forecast, by technology, 2016 - 2024 (Kilo Tons)
(USD Million) 8.2.4 Market estimates and
forecast, by application, 2016 - 2024 (Kilo Tons)
(USD Million) 8.2.5 Market estimates and
forecast, by end-use, 2016 - 2024 (Kilo Tons)
(USD Million) 8.2.6 U.S.
8.2.6.1 Market estimates and forecast, 2016 -
2024 (Kilo Tons) (USD Million) 8.2.6.2 Market
estimates and forecast, by product, 2016 - 2024
(Kilo Tons) (USD Million) 8.2.6.3 Market
estimates and forecast, by technology, 2016 -
2024 (Kilo Tons) (USD Million) 8.2.6.4 Market
estimates and forecast, by application, 2016 -
2024 (Kilo Tons) (USD Million) 8.2.6.5 Market
estimates and forecast, by end-use, 2016 - 2024
(Kilo Tons) (USD Million) 8.3 Europe
8.3.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 8.3.2 Market estimates
and forecast, by product, 2016 - 2024 (Kilo Tons)
(USD Million) 8.3.3 Market estimates and
forecast, by technology, 2016 - 2024 (Kilo Tons)
(USD Million) 8.3.4 Market estimates and
forecast, by application, 2016 - 2024 (Kilo Tons)
(USD Million) 8.3.5 Market estimates and
forecast, by end-use, 2016 - 2024 (Kilo Tons)
(USD Million) 8.3.6 Germany
8.3.6.1 Market estimates and forecast, 2016 -
2024 (Kilo Tons) (USD Million) 8.3.6.2 Market
estimates and forecast, by product, 2016 - 2024
(Kilo Tons) (USD Million) 8.3.6.3 Market
estimates and forecast, by technology, 2016 -
2024 (Kilo Tons) (USD Million) 8.3.6.4 Market
estimates and forecast, by application, 2016 -
2024 (Kilo Tons) (USD Million) 8.3.6.5 Market
estimates and forecast, by end-use, 2016 - 2024
(Kilo Tons) (USD Million)
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8.4 Asia Pacific
8.4.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 8.4.2 Market estimates
and forecast, by product, 2016 - 2024 (Kilo Tons)
(USD Million) 8.4.3 Market estimates and
forecast, by technology, 2016 - 2024 (Kilo Tons)
(USD Million) 8.4.4 Market estimates and
forecast, by application, 2016 - 2024 (Kilo Tons)
(USD Million) 8.4.5 Market estimates and
forecast, by end-use, 2016 - 2024 (Kilo Tons)
(USD Million) 8.4.6 China
8.4.6.1 Market estimates and forecast, 2016 -
2024 (Kilo Tons) (USD Million) 8.4.6.2 Market
estimates and forecast, by product, 2016 - 2024
(Kilo Tons) (USD Million) 8.4.6.3 Market
estimates and forecast, by technology, 2016 -
2024 (Kilo Tons) (USD Million) 8.4.6.4 Market
estimates and forecast, by application, 2016 -
2024 (Kilo Tons) (USD Million) 8.4.6.5 Market
estimates and forecast, by end-use, 2016 - 2024
(Kilo Tons) (USD Million) 8.4.7 India
8.4.7.1 Market estimates and forecast, 2016 -
2024 (Kilo Tons) (USD Million) 8.4.7.2 Market
estimates and forecast, by product, 2016 - 2024
(Kilo Tons) (USD Million) 8.4.7.3 Market
estimates and forecast, by technology, 2016 -
2024 (Kilo Tons) (USD Million) 8.4.7.4 Market
estimates and forecast, by application, 2016 -
2024 (Kilo Tons) (USD Million) 8.4.7.5 Market
estimates and forecast, by end-use, 2016 - 2024
(Kilo Tons) (USD Million) 8.5 Latin America
8.5.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 8.5.2 Market estimates
and forecast, by product, 2016 - 2024 (Kilo Tons)
(USD Million) 8.5.3 Market estimates and
forecast, by technology, 2016 - 2024 (Kilo Tons)
(USD Million) 8.5.4 Market estimates and
forecast, by application, 2016 - 2024 (Kilo Tons)
(USD Million) 8.5.5 Market estimates and
forecast, by end-use, 2016 - 2024 (Kilo Tons)
(USD Million) 8.5.6 Brazil
8.5.6.1 Market estimates and forecast, 2016 -
2024 (Kilo Tons) (USD Million) 8.5.6.2 Market
estimates and forecast, by product, 2016 - 2024
(Kilo Tons) (USD Million) 8.5.6.3 Market
estimates and forecast, by technology, 2016 -
2024 (Kilo Tons) (USD Million) 8.5.6.4 Market
estimates and forecast, by application, 2016 -
2024 (Kilo Tons) (USD Million) 8.5.6.5 Market
estimates and forecast, by end-use, 2016 - 2024
(Kilo Tons) (USD Million) 8.6 MEA
8.6.1 Market estimates and forecast, 2016 - 2024
(Kilo Tons) (USD Million) 8.6.2 Market estimates
and forecast, by product, 2016 - 2024 (Kilo Tons)
(USD Million) 8.6.3 Market estimates and
forecast, by technology, 2016 - 2024 (Kilo Tons)
(USD Million) 8.6.4 Market estimates and
forecast, by application, 2016 - 2024 (Kilo Tons)
(USD Million) 8.6.5 Market estimates and
forecast, by end-use, 2016 - 2024 (Kilo Tons)
(USD Million)
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Chapter 9 Competitive Insights 9.1 Axalta Coating
Systems 9.2 BASF
9.3 PPG Industries 9.4 Kansai Paint
9.5 Nippon Paint
9.6 Bayer AG
9.7 KCC Corporation 9.8 Valspar Corporation 9.9
AkzoNobel
9.10 Sherwin-Williams 9.11 Arkema SA
9.12 Beckers Group 9.13 Berger Paints 9.14 Cabot
Corporation 9.15 Clariant
9.16 Eastman Chemical Company 9.17 Jotun
9.18 Lord Corporation 9.19 DSM
9.20 Solvay S.A.
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