Global Refinished Paint Market to Witness CAGR of 4.2% in Forecast of 2018 to 2025

Refinished Paint Market is forecast to grow at 4.2% for 2018 to 2025 to an estimated value of USD 9,477.85 Million by 2025 with factors such as dearth of skilled & trained technicians and strict regulations to decrease solvent emissions hampering the market growth.  

Refinished paint market has shown a significant adoption rate and preferences from the Asia- Pacific region. This is due to growing demand for refinished paint from various end users is expected to enhance the market growth in the region.

Refinished Paint Market Scenario

According to Data Bridge Market Research the refinished paint market in developing regions is witnessing a growth in terms of its adoption rate, due to rising vehicle usage worldwide, growing demand for recreational vehicles, improved safety features on advanced vehicles, and rising maintenance activities.  

Now the question is which are the regions that refinished paint market players should target? Data Bridge Market Research has forecast market leaders to target Asia-Pacific developing regions to help them in attaining better volume of revenue generation.

Refinished paint market is becoming more competitive every year with polyurethane resin currently being the largest market resin type for the forecast period of 2018 to 2025. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the refinished paint market.

For more analysis on the refinished paint market, request for a briefing with our analysts

Scope of the Refinished Paint Market

Refinished paint market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa

  • All country based analysis of the refinished paint market is further analysed based on maximum granularity into further segmentation. On the basis of resin type, the market is divided into polyurethane resin, epoxy resin, acrylic resin and others. Vehicle type segment is divided into passenger car, buses, LCV and trucks. The global refinished paint market is segmented based on technology into three notable segments; solvent borne coating, waterborne coating and powder coating. Based on layer, the market is divided into primer, basecoat, clear coat and sealer.
  • Refinish paints are those paints which are usually used to repair the surface of the object. These surfaces can be of glass, metal, wood and others. Some of the common resin type includes refinished paint, refinished paint, epoxy resin and others. These refinish paints are widely used in automotive industries. Different technologies which are used in the refinished paints consist of solvent borne coating, powder coating and waterborne coating. For automotive refinishing, the expertise usually work on the exterior of the motor vehicles, mainly refurbishing the vehicle finishes, once body work of the vehicle has been completed.

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Key Pointers Covered in the Refinished Paint Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • PPG Industries, Inc.
  • 3M
  • Axalta Coating Systems
  • Kansai Paint Co.,Ltd.
  • NOVOL. o.o.
  • NOROO Paint & Coatings co.,Ltd.
  • Lubrizol
  • Nippon Paint Holdings Co., Ltd.
  • Cresta Paint Industries Ltd.
  • The Sherwin-Williams Company
  • Alpscoating.

Above are the key players covered in the report, to know about more and exhaustive list of refinished paint companies, contact us

Research Methodology: Global Refinished Paint Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecast using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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