Global Automotive Refinish Coatings Market Research Report Information by Type, by Technology, by Resin, by Vehicle Type, and by Region Forecast till 2035

Description

List of Tables

The Global Automotive Refinish Coatings Market is projected to reach USD 21,054.80 million by 2035, growing at a CAGR of 5.79% during 2025-2035. Automotive refinish coatings refer to a layer of paint that is put back on the part of a vehicle that has been damaged or an old one to enhance its look, protection, and durability.

Growth of Collision Repair Activities

The recent upsurge of automobile collisions in the region has accelerated the refinishing part of the repair process. This has had a direct impact on the consumption of automotive refinish coatings.

Segment-wise Market Classification

By Type

Clearcoat: Final protective and aesthetic layer
Basecoat: Primary color application coating
Primer: Surface preparation and corrosion prevention
Activator: Initiates chemical curing process
Others: Functional and customized coating solutions

By Technology

Solvent-borne Coatings: Widely used conventional formulations
Water-borne Coatings: Sustainable and regulatory-friendly coatings
UV-Cured Coatings: Rapid processing and strong bonding
High Solid Coatings: High coverage with lower emissions
Powder Coatings: Durable, eco-friendly finishing method

By Resin

Polyurethane: Long-lasting and abrasion-resistant resin
Alkyd: Economical with smooth finish properties
Epoxy: Superior bonding and protective performance
Acrylic: Weather-resistant with color stability
Others: Hybrid and advanced resin systems

By Vehicle Type

Luxury Cars: High-end appearance restoration demand
Economy Cars: High-volume, cost-sensitive refinishing
Electric and Hybrid Cars: Sustainable coating material preference
Commercial Vehicles: Protection against wear and corrosion
Two-wheelers: Compact surface refinishing applications
Others: Agricultural and specialty vehicle coatings

Regional Perspectives

Asia Pacific leads the automotive refinish coatings industry due to the exponential vehicle ownership rate and repair demand. North America and Europe focus on environment-friendly drives and technologies, while Latin America and MEA are still growing gradually.

Sustainability-Led Innovation

Due to stringent environmental regulations, the industry is moving bulk solvent-based coatings and is thereby gaining momentum for low-VOC and waterborne products. Sustainable product portfolios offer a strong competitive edge.

Key Report Attributes

Market Size 2024: USD 10,992.38 Million
Market Size 2035: USD 21,054.80 Million
CAGR (2025-2035): 5.79%
Base Year: 2024
Market Forecast Period: 2025-2035

Industry Segmentations Growth

By Type: Clearcoat - 5.39%, Basecoat - 4.66%.
By Technology: Solvent-borne Coatings - 6.37%, Water-borne Coatings - 4.61%.
By Resin: Polyurethane - 4.33%, Alkyd - 4.75%.
By Vehicle Type: Cars - 4.76%, Commercial Vehicles - 6.23%.

Product Code: MRFR/CnM/5207-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING ACCIDENT AND COLLISION RATES
- 4.2.2 SHIFT TOWARD ECO-FRIENDLY PRODUCTS
4.3 RESTRAINT
- 4.3.1 STRINGENT REGULATIONS FOR VOLATILE ORGANIC COMPOUND (VOC) EMISSION
- 4.3.2 HIGH COSTS OF ADVANCED COATINGS
- 4.3.3 SUPPLY CHAIN DISRUPTIONS
4.4 OPPORTUNITY
- 4.4.1 GROWING AUTOMOTIVE INDUSTRY IN ASIA PACIFIC
- 4.4.2 GROWING TREND OF PREMIUMIZATION WITH LUXURY VEHICLES REQUIRING HIGH-PERFORMANCE REFINISHING PRODUCTS
4.5 CHALLENGE
- 4.5.1 VOLATILE RAW MATERIAL PRICES
4.6 IMPACT ANALYSIS OF RUSSIA UKRAINE WAR
- 4.6.1 RAW MATERIAL SUPPLY DISRUPTIONS AND PRICE VOLATILITY
- 4.6.2 ESCALATING COSTS OF PETROCHEMICALS AND INPUTS
- 4.6.3 AUTOMOTIVE PRODUCTION AND DEMAND SLOWDOWNS
- 4.6.4 LOGISTICS AND TRANSPORTATION BOTTLENECKS
4.7 IMPACT OF TRUMP 2.0
- 4.7.1 PROTECTIONIST TRADE POLICIES AND TARIFF PRESSURES
- 4.7.2 ELEVATED RAW MATERIAL PRICE VOLATILITY
- 4.7.3 RELAXATION OF ENVIRONMENTAL AND CHEMICAL REGULATIONS IN THE U.S.
- 4.7.4 LABOR MARKET CONSTRAINTS AND RISING OPERATING COSTS

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 MANUFACTURERS
- 5.1.3 DISTRIBUTION & SALES CHANNELS
- 5.1.4 END USERS
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY
5.3 IMPACT OF CORONAVIRUS OUTBREAK ON GLOBAL AUTOMOTIVE REFINISH COATINGS MARKET
- 5.3.1 IMPACT OF COVID-19 ON SUPPLY CHAIN OF AUTOMOTIVE REFINISH COATINGS MARKET
- 5.3.2 IMPACT OF COVID-19 ON SUPPLY CHAIN OF AUTOMOTIVE REFINISH COATINGS MARKET
5.4 PRICING OVERVIEW, BY REGION (USD/TON)
5.5 PESTEL ANALYSIS
5.6 CASE STUDY ANALYSIS
- 5.6.1 CASE STUDY 1
5.7 TECHNOLOGICAL ADVANCEMENTS
- 5.7.1 ADVANCED WATER-BORNE AND LOW-VOC COATING TECHNOLOGIES
- 5.7.2 BIO-BASED AND SUSTAINABLE RAW MATERIAL INNOVATIONS
- 5.7.3 UV-CURED AND LOW-TEMPERATURE CURING TECHNOLOGIES
- 5.7.4 ADVANCED END-TO-END DIGITAL COLOR MANAGEMENT AND AUTOMATED REFINISHING SYSTEMS
5.8 RESEARCH & DEVELOPMENT UPDATE
- 5.8.1 CURRENT SCENARIO
- 5.8.2 FUTURE ROADMAP
- 5.8.3 NOVEL APPLICATIONS
- 5.8.4 KEY DEVELOPMENTS
5.9 ADJACENT MARKET ANALYSIS
- 5.9.1 GLOBAL AUTOMOTIVE OEM COATINGS MARKET
- 5.9.2 GLOBAL INDUSTRIAL PROTECTIVE COATINGS MARKET
- 5.9.3 GLOBAL AUTOMOTIVE AFTERMARKET PARTS & SERVICES MARKET
5.10 REGULATORY FRAMEWORK
- 5.10.1 GOVERNMENT POLICIES

6 GLOBAL AUTOMOTIVE REFINISH COATINGS MARKET, BY PRODUCT TYPE

6.1 OVERVIEW
6.2 CLEARCOAT
6.3 BASECOAT
6.4 PRIMER
6.5 ACTIVATOR
6.6 OTHERS

7 GLOBAL AUTOMOTIVE REFINISH COATINGS MARKET, BY TECHNOLOGY

7.1 OVERVIEW
7.2 SOLVENT-BORNE COATINGS
7.3 WATER-BORNE COATINGS
7.4 UV-CURED COATINGS
7.5 HIGH SOLID COATINGS
7.6 POWDER COATINGS

8 GLOBAL AUTOMOTIVE REFINISH COATINGS MARKET, BY RESIN

8.1 OVERVIEW
8.2 POLYURETHANE
8.3 ALKYD
8.4 EPOXY
8.5 ACRYLIC
8.6 OTHERS

9 GLOBAL AUTOMOTIVE REFINISH COATINGS MARKET, BY VEHICLE TYPE

9.1 OVERVIEW
9.2 CARS
- 9.2.1 LUXURY CARS
- 9.2.2 ECONOMY CARS
- 9.2.3 ELECTRIC AND HYBRID CARS
9.3 COMMERCIAL VEHICLES
9.4 TWO-WHEELERS
9.5 OTHERS

10 GLOBAL AUTOMOTIVE REFINISH COATINGS MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
10.3 NORTH AMERICA
- 10.3.1 US
- 10.3.2 CANADA
10.4 EUROPE
- 10.4.1 GERMANY
- 10.4.2 RUSSIA
- 10.4.3 UK
- 10.4.4 ITALY
- 10.4.5 FRANCE
- 10.4.6 SPAIN
- 10.4.7 POLAND
- 10.4.8 BELGIUM
- 10.4.9 NETHERLANDS
- 10.4.10 LUXEMBOURG
- 10.4.11 DENMARK
- 10.4.12 NORWAY
- 10.4.13 SWEDEN
- 10.4.14 FINLAND
- 10.4.15 ICELAND
- 10.4.16 REST OF EUROPE
10.5 ASIA PACIFIC
- 10.5.1 CHINA
- 10.5.2 JAPAN
- 10.5.3 SOUTH KOREA
- 10.5.4 VIETNAM
- 10.5.5 MALAYSIA
- 10.5.6 REST OF ASIA-PACIFIC
10.6 LATIN AMERICA
- 10.6.1 BRAZIL
- 10.6.2 MEXICO
- 10.6.3 ARGENTINA
- 10.6.4 REST OF LATIN AMERICA
10.7 MIDDLE EAST AND AFRICA
- 10.7.1 TURKEY
- 10.7.2 GCC COUNTRIES
- 10.7.3 REST OF MIDDLE EAST & AFRICA

12 COMPANY PROFILES

12.1 BASF SE
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
12.2 KCC CORPORATION
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 MITSUI CHEMICALS, INC.
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
12.4 PPG INDUSTRIES, INC
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGIES
12.5 NIPPON PAINT
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGIES
12.6 KAPCI COATINGS
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGIES
12.7 THE SHERWIN-WILLIAMS COMPANY
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 3M
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 AKZONOBEL N.V
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
12.10 AXALTA COATING SYSTEMS
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES
12.11 KANSAI PAINT CO., LTD.
- 12.11.1 COMPANY OVERVIEW
- 12.11.2 FINANCIAL OVERVIEW
- 12.11.3 PRODUCTS OFFERED
- 12.11.4 KEY DEVELOPMENTS
- 12.11.5 SWOT ANALYSIS
- 12.11.6 KEY STRATEGIES
12.12 COVESTRO AG
- 12.12.1 COMPANY OVERVIEW
- 12.12.2 FINANCIAL OVERVIEW
- 12.12.3 PRODUCTS OFFERED
- 12.12.4 KEY DEVELOPMENTS
- 12.12.5 SWOT ANALYSIS
- 12.12.6 KEY STRATEGIES
12.13 LUBRIZOL CORPORATION
- 12.13.1 COMPANY OVERVIEW
- 12.13.2 FINANCIAL OVERVIEW
- 12.13.3 PRODUCTS OFFERED
- 12.13.4 KEY DEVELOPMENTS
- 12.13.5 SWOT ANALYSIS
- 12.13.6 KEY STRATEGIES
12.14 DATA CITATIONS