Automotive Paint Market Size & Share, by Coating (Primer, Base, E-Coat, Clear, Electro Coat); Texture (Solid, Metallic, Pearlescent); Technology (Water-borne, Solvent-borne, Powder Coatings); Resin (Polyurethane, Epoxy, Acrylic); Channel {Original Equipment Manufacturer (OEMs), Aftermarket}; Vehicle (Passenger Cars, Light, Heavy Commercial Vehicle) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 278
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Automotive Paint Landscape

    • 3M
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • BASF SE
    • PPG Industries, Inc.
    • Akzo Nobel N.V.
    • Axalta Coating Systems
    • The Sherwin-Williams Company
    • Kansai Paint Co., Ltd
    • Nippon Paint Holdings Co., Ltd
    • DuPont de Nemours, Inc.
    • ClariantLtd.
    • Solvay SA

Browse Key Market Insights with Data Illustration:


In The News

  • 3M innovation of the robotic paint repair system has received the SURCAR award. The imperfections of paint on vehicles are detected manually which is labor intensive and time-consuming process that is now replaced by Finesse-it of 3M.

  • BASF SE has developed many variations in color options for automotive color trends collection 2021-2022.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 278
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rise of automobile production, demand for innovative and eco-friendly paints,the high price of raw materials, and high use of polyurethane paints are the major factors driving the growth of the automotive paint market.

The market is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2035.

Emission of volatile organic compounds, rapid change in consumer preference, and adverse health issues of painters are the challenges affecting the market growth.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are 3M, BASF SE, PPG Industries, Inc., Akzo Nobel N.V., Axalta Coating Systems, The Sherwin-Williams Company, Kansai Paint Co., Ltd, Nippon Paint Holdings Co., Ltd, Dupont, Clariant, Solvay.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by coating, texture, technology, resin, channel, vehicle, and by region.

The water-borne segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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