Automotive coatings are water-resistant dry coatings applied to various parts of a vehicle for functional, decorative, and protective purposes. Such coatings possess important properties such as good elastomeric finish and greater surface hardness. They serve different purposes for different substrates such as plastics, composites, and metal.
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The market is segmented based on Segmentation, By Technology Type (Water-Borne, Solvent-Borne, Powder Coating, UV-Cured, Others), Product Type (Electrocoat, Primer, Clearcoat, Basecoat), Resin (Epoxy, Polyurethane, Acrylic, Others), Application (Plastic, Metal), End-Use (Commercial OEM, Automotive Refinish, Light Vehicle OEM) – Industry Trends and Forecast to 2032
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The Global Automotive Coatings Market size was valued at USD 19.99 USD Billion in 2024.
The Global Automotive Coatings Market is projected to grow at a CAGR of 7.17% during the forecast period of 2025 to 2032.
The major players operating in the market include BASF SE , Axalta Coating Systems , PPG IndustriesInc. , Kansai Paint Co.Ltd , Nippon Paint Holdings Co.Ltd. , The Valspar Corporation , KCC Corporation , Sherwin-Williams , AkzoNobel , and Jotun A/S .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
