Automotive Refinish Market Size, Share, Trends, Demand, Growth and Competitive Outlook
Global Automotive Refinish Market study by Data Bridge Market Research provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.
Automotive Refinish Market report provides top to bottom assessment of the market with respect to income and developing business sector. The report encompasses several market dynamics while also evaluating the growth rate and the market value based on market dynamics and growth inducing factors. The industry analysis report is mainly explored under four major areas which are market definition, market segmentation, competitive analysis and research methodology. Automotive Refinish Market business report also covers strategic profiling of the major players in the market, comprehensive analysis of their fundamental competencies, and thereby keeping competitive landscape of the market in front of the client.
Automotive refinish has gained immense popularity across the automobile sector owing to the rise in preference for customized aftermarket modifications among consumers. This coating is widely being adopted for both protection and decoration.
Global Automotive Refinish Market was valued at USD 11.50 billion in 2021 and is expected to reach USD 19.47 billion by 2029, registering a CAGR of 6.80% during the forecast period of 2022-2029. “Waterborne” accounts for the largest technology segment owing to the stringent VOC regulations in Europe and North America.
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Vehicle body shops and repair facilities employ polyurethane, acrylic, or alkyd-based coatings for automotive refinish. These coatings are applied to new and used passenger and commercial cars to protect the body against damage caused by severe temperatures, accidents, and stone impact. Primer, filler, topcoat, basecoat, and activator or hardener coatings are some of the most often used refinish coatings.
Some of the major players operating in the automotive refinish market are
- Axalta Coating Systems, Ltd. (US)
- 3M (US)
- AkzoNobel N.V. (Netherlands)
- PPG Industries, Inc. (US)
- The Sherwin-Williams Company (US)
- Dow (US)
- Nippon Paint Holdings Co., Ltd. (Japan)
- Kansai Paint Co., Ltd. (Japan)
- Covestro AG (Germany)
- KAPCI Coatings (India)
- NOVOL Sp. Z o.o. (Polan)
- KCC Corporation (South Korea)
- Bernardo Ecenarro S.A. (Spain)
- SEM Products, Inc. (US)
- Sheboygan Paint Co (US)
- Cresta Paint Industries Ltd. (Africa)
- Alps Coating Sdn. Bhd. (Malaysia)
- NOROO Paint & Coatings Co., Ltd. (South Korea)
- Koninklijke DSM N.V. (Netherlands)
- WEG SA (Brazil)
- The Lubrizol Corporation (US)
- HMG Paints Ltd (UK)
- James Briggs Limited (UK)
- Reichhold LLC (US)
- TOA Performance Coating Corporation CO., Ltd. (Thailand)
- Yashm Paint & Resin Industries (Iran)
- Allnex Group (Germany)
- Samhwa Paints Industrial Co. Ltd (South Korea)
- U.S. Paint (US)
- BASF SE (Germany)
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Automotive Refinish Market
Chapter 3: Regional analysis of the Global Automotive Refinish Market industry
Chapter 4: Automotive Refinish Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key takeaways from the Automotive Refinish Market report:
- Detailed considerate of Automotive Refinish Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
- Comprehensive valuation of all prospects and threat in the
- In depth study of industry strategies for growth of the Automotive Refinish Market-leading players.
- Automotive Refinish Market latest innovations and major procedures.
- Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Automotive Refinish Market for forthcoming years.
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