The Automotive Refinish Coatings Market research report highlights market research and industry analysis driven by in-depth business relevant news.
Precision Business Insights has published a report on the global Automotive Refinish Coatings Market, estimating its value at USD 11,753.0 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
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Automotive refinish coatings are specialized paints and finishes used to restore or enhance the appearance of vehicles after damage, wear, or customization. These coatings are applied by auto body shops and repair centers to match the original color, texture, and gloss of a vehicle’s factory finish. They include products like primers, basecoats, clearcoats, and hardeners.
Drivers:
- Rising Vehicle Ownership & Aging Fleet More vehicles on the road—especially older ones—mean increased demand for repairs and refinishing
- Growth in Used Car Sales Refurbishing pre-owned vehicles to improve appearance and resale value is a major driver
The global Automotive Refinish Coatings Market segmentation:
- By Product Type: Primer, Basecoat, Clearcoat, Activator, Filler, Others.
2. By Technology: Solvent-borne Coatings, Water-borne Coatings, UV-cured Coatings, Others.
3. By Vehicle Type: Passenger Cars, Commercial Vehicles, Two-Wheelers, Others.
4. By End User: OEM Authorized Service Centres, Independent Repair Shops, Others.
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Regional Overview:
The report also examines the current concerns and their Future Effects on the Automotive Refinish Coatings Market by the region. The report covers all regions and countries; North America was the largest and Asia was the fastest-growing region in the Automotive Refinish Coatings Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like PPG Industries, Inc., Axalta Coating Systems, BASF SE, Akzo Nobel N.V., Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., Kansai Paint Co., Ltd., 3M Company, Donglai Coating Technology, Jotun Group
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