Global Automotive Paints Market Overview:

According to market analysts, Global Automotive Paints Market is projected to grow at a high CAGR value from 2019 to 2025.

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The Automotive Paints Market is driven by the factors such as growing vehicle production (especially, passenger cars), stringent VOC emission regulations for paint manufacturing, and changing customer preferences for paint textures.

The Automotive Paints Market is segmented based Paint Type, Technology Type, Resin Type, Texture Type, Content Type and Region. On the basis of paint type, the market is sub-segmented into Electrocoat, Primer, Basecoat and Clearcoat.

On the basis of technology type, the market is sub-segmented into Solvent borne, Waterborne and Powder Coating. Powder coating technology is projected to grow at the fastest rate during the forecast period. A key factor driving the growth of powder coatings is the reduced wastage compared to liquid-based paints.

On the basis of resin type, the market is sub-segmented into Polyurethane, Epoxy, Acrylic and Other Resins. Polyurethane resin is projected to have the largest demand in automotive paints market. Because of its excellent combination of properties, including good elasticity at low temperatures, abrasion resistance, solvent- and water-resistance and machine washability.

Regionally, the market in Asia Pacific is expected to expand at a rapid pace during the forecast period owing to the increasing vehicle production and the strong presence of well-established vehicle manufacturers in some countries of Asia Pacific such as China, Japan.

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Key Players:

1 3M

2 BASF

3 Akzonobel

4 Dupont

5 PPG Industries

6 Royal DSM

7 Arkema Group

8 Solvay and More...

Key Regions:

1 North America

2 Europe

3 Asia-Pacific

4 South America

5 Middle East & Africa

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Key Questions Answered in this Report:

1 What will the market size and the growth rate be in 2025?

2 What are the key factors driving the Automotive Paints Market?

3 What are the challenges to market growth?

4 Who are the key vendors in the market?

5 What are the latest market trends?

Table of Content:

1 Industry Overview

2 Automotive Paints Market by Type

3 Global Market Demand

4 Major Region Market

5 Major Companies List

6 Conclusion

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