Automotive Coatings Industry Forecast 2025–2030: Trends, Value & Analysis

Market Size, Growth & Valuation (2025-30)

Automotive Coatings Market size was valued at USD 14.5 billion in 2023 and is projected to reach USD19.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.44% during the forecast period, i.e., 2025-30.

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Automotive Coatings Market Structure – Segmentation & Geography

By Product

Primer- Market Size & Forecast 2020-2030F (Thousand Tons)
E-coat- Market Size & Forecast 2020-2030F (Thousand Tons)
Basecoat- Market Size & Forecast 2020-2030F (Thousand Tons)
Clearcoat- Market Size & Forecast 2020-2030F (Thousand Tons)

By Technology

Waterborne Coatings- Market Size & Forecast 2020-2030F (Thousand Tons)
Solventborne Coatings- Market Size & Forecast 2020-2030F (Thousand Tons)
Powder Coatings- Market Size & Forecast 2020-2030F (Thousand Tons)
UV-Cured Coatings- Market Size & Forecast 2020-2030F (Thousand Tons)

By Resin Type

Polyurethane- Market Size & Forecast 2020-2030F (Thousand Tons)
Epoxy- Market Size & Forecast 2020-2030F (Thousand Tons)
Acrylic- Market Size & Forecast 2020-2030F (Thousand Tons)
Others- Market Size & Forecast 2020-2030F (Thousand Tons)

By End-Users

OEMs- Market Size & Forecast 2020-2030F (Thousand Tons)
Refinish- Market Size & Forecast 2020-2030F (Thousand Tons)

Among them, the OEMs segment is poised for a substantial market share owing to the increasing manufacturing of passenger cars, vans, and commercial vehicles worldwide.

By Application

Plastic-Parts
Metal-Parts

the metal parts segment holds a major market share owing to the rising application and consumption of metals for the production of automobiles.

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific.

the Asia-Pacific holds a prominent market share owing to the higher number of automobiles & manufacturers in the region.

Key Growth Trends (2025-2030)

Increasing Inclination of the Consumers Towards Car Customization Supporting Market Growth – The younger generation, especially genZ are nowadays following big influencers & celebrities. Along with this, they are actively following the sports enthusiasts and vloggers who post content related to cars & supercars. As a result, they are trying to imitate the car customization done by their favorite influencers on their personal cars. These individuals are now trying new designs and prints on their cars. As a result, the demand for the paints & coating is increasing.

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Research Methodology

MarkNtel Advisors employs a thorough and iterative research methodology to enhance accuracy in market estimates. Our process combines bottom-up and top-down approaches, focusing on data triangulation for validation. It includes defining research objectives, selecting representative samples, and collecting data through surveys and interviews. Post-collection, we analyze and validate the data using statistical tools, ensuring reliability. Finally, we forecast market trends through predictive modeling, compiling our insights into detailed reports with charts and strategic recommendations for informed decision-making.

Competitive Analysis Framework

The Automotive Coatings industry is moderately fragmented, with key players focusing on technological advancements and strategic partnerships. A detailed competitive analysis helps businesses benchmark against industry leaders and identify growth opportunities.

Leading Automotive Coatings Companies are:

BASF SE
Axalta Coating Systems
PPG Industries, Inc.
Kansai Paint Co. Ltd.
Nippon Paint Holdings Co., Ltd.
The Valspar Corporation
KCC Corporation
The Sherwin-Williams Company
Akzonobel N.V.
Jotun A/S
Bayer AG
Arkema SA
Beckers Industrial Coatings Ltd.
Cabot Corporation
Berger Paints India Ltd.

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Key Questions Answered in This Report:

What is the current market size of Automotive Coatings, and what growth rate is projected by 2030?
Which key trends are driving Automotive Coatings market expansion in the next five years?
How does market segmentation impact industry dynamics?
Which geographic regions offer the highest growth potential?
What are the primary challenges hindering Automotive Coatings industry growth?
How do regulatory policies influence market development?
What are the latest technological advancements impacting the sector?
Who are the leading Automotive Coatings companies, and what are their market shares?
What strategies are top competitors adopting to maintain dominance?
What are the emerging niche segments with high growth potential?
How do macroeconomic factors affect market performance?
What are the investment opportunities for new entrants?
How does pricing strategy vary across different market segments?
What are the future innovation trends expected in this industry?

Other Report:

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