The global automotive coating resin market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for automobiles and increasing demand for high-end vehicles in emerging economies such as China and India. The automotive coating resin market has been segmented on the basis of type, application, and region. On the basis of type, it has been segmented into alkyd resins, acrylic resins, epoxy resins; on the basis of application it has been segmented into primer and finishing coat; on the basis of region it has been segmented into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
On the basis of type: Alkyd Resin accounted for over 50% share in 2017 owing to its low cost compared with other types such as acrylic or epoxy resin which are more expensive than alkyd resin but offer better performance characteristics such as higher gloss level or better resistance against UV rays etc; Acrylic Resin accounted for over 30% share in 2017 owing to its excellent performance characteristics such as high gloss level or good resistance against UV rays etc; Epoxy Resin accounted for less than 10% share in 2017 due to its high cost compared with other types like alkyd or acrylic resin which are cheaper than epoxy resin but offer better performance characteristics like higher gloss level or better resistance against UV rays etc;.
On the basis of Application: Primer accounted for over 60% share in 2017 due to its use before applying finishing coat; Finishing Coat accounted for less than 40% share in 2017 due to its use after applying primer;.
Some Of The Growth Factors Of This Market:
- The growth of the Automobile Coating Resin market is driven by the increasing demand for automobiles in emerging economies such as India and China.
- Increasing demand for automobiles in developed countries such as the US, Japan, and Germany will also drive the growth of this market.
- Increasing demand for light weight vehicles will also drive this market's growth.
- Increasing use of plastics in automobile manufacturing.
Industry Growth Insights published a new data on “Automobile Coating Resin Market”. The research report is titled “Automobile Coating Resin Market research by Types (Alkyd Resin, Acrylic Resin, Epoxy Resin, Other), By Applications (Primer, Finishing Coat, Other), By Players/Companies SACAL, PGG, Dimond Paint, Sherwin-Williams, Qualipoly Chemical Corporations, Jiangsu Sanmu Group, Eternal, Shanghai Yoo-Pont Chemical, Hitachi Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Coating Resin Market Research Report
By Type
Alkyd Resin, Acrylic Resin, Epoxy Resin, Other
By Application
Primer, Finishing Coat, Other
By Companies
SACAL, PGG, Dimond Paint, Sherwin-Williams, Qualipoly Chemical Corporations, Jiangsu Sanmu Group, Eternal, Shanghai Yoo-Pont Chemical, Hitachi Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Coating Resin Market Report Segments:
The global Automobile Coating Resin market is segmented on the basis of:
Types
Alkyd Resin, Acrylic Resin, Epoxy Resin, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Primer, Finishing Coat, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SACAL
- PGG
- Dimond Paint
- Sherwin-Williams
- Qualipoly Chemical Corporations
- Jiangsu Sanmu Group
- Eternal
- Shanghai Yoo-Pont Chemical
- Hitachi Chemical
Highlights of The Automobile Coating Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alkyd Resin
- Acrylic Resin
- Epoxy Resin
- Other
- By Application:
- Primer
- Finishing Coat
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Coating Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automobile coating resin is a type of sealant that is used to protect the paint on a car. It is made from a mixture of polyurethane and other chemicals, and it is applied to the car's surface using a spray gun. Automobile coating resin can be used in two different ways: as an intermediate layer between the paint and the clearcoat, or as an outer layer on top of the clearcoat.
Some of the major companies in the automobile coating resin market are SACAL, PGG, Dimond Paint, Sherwin-Williams, Qualipoly Chemical Corporations, Jiangsu Sanmu Group, Eternal, Shanghai Yoo-Pont Chemical, Hitachi Chemical.
The automobile coating resin market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automobile Coating Resin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automobile Coating Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automobile Coating Resin Market - Supply Chain
4.5. Global Automobile Coating Resin Market Forecast
4.5.1. Automobile Coating Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automobile Coating Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automobile Coating Resin Market Absolute $ Opportunity
5. Global Automobile Coating Resin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automobile Coating Resin Market Size and Volume Forecast by Type
5.3.1. Alkyd Resin
5.3.2. Acrylic Resin
5.3.3. Epoxy Resin
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automobile Coating Resin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automobile Coating Resin Market Size and Volume Forecast by Application
6.3.1. Primer
6.3.2. Finishing Coat
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automobile Coating Resin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automobile Coating Resin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automobile Coating Resin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automobile Coating Resin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automobile Coating Resin Demand Share Forecast, 2019-2026
9. North America Automobile Coating Resin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automobile Coating Resin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automobile Coating Resin Market Size and Volume Forecast by Application
9.4.1. Primer
9.4.2. Finishing Coat
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automobile Coating Resin Market Size and Volume Forecast by Type
9.7.1. Alkyd Resin
9.7.2. Acrylic Resin
9.7.3. Epoxy Resin
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automobile Coating Resin Demand Share Forecast, 2019-2026
10. Latin America Automobile Coating Resin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automobile Coating Resin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automobile Coating Resin Market Size and Volume Forecast by Application
10.4.1. Primer
10.4.2. Finishing Coat
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automobile Coating Resin Market Size and Volume Forecast by Type
10.7.1. Alkyd Resin
10.7.2. Acrylic Resin
10.7.3. Epoxy Resin
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automobile Coating Resin Demand Share Forecast, 2019-2026
11. Europe Automobile Coating Resin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automobile Coating Resin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automobile Coating Resin Market Size and Volume Forecast by Application
11.4.1. Primer
11.4.2. Finishing Coat
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automobile Coating Resin Market Size and Volume Forecast by Type
11.7.1. Alkyd Resin
11.7.2. Acrylic Resin
11.7.3. Epoxy Resin
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
1.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automobile Coating Resin Demand Share, 2019-2026
12. Asia Pacific Automobile Coating Resin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automobile Coating Resin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automobile Coating Resin Market Size and Volume Forecast by Application
12.4.1. Primer
12.4.2. Finishing Coat
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automobile Coating Resin Market Size and Volume Forecast by Type
12.7.1. Alkyd Resin
12.7.2. Acrylic Resin
12.7.3. Epoxy Resin
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automobile Coating Resin Demand Share, 2019-2026
13. Middle East & Africa Automobile Coating Resin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automobile Coating Resin Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automobile Coating Resin Market Size and Volume Forecast by Application
13.4.1. Primer
13.4.2. Finishing Coat
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automobile Coating Resin Market Size and Volume Forecast by Type
13.7.1. Alkyd Resin
13.7.2. Acrylic Resin
13.7.3. Epoxy Resin
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automobile Coating Resin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automobile Coating Resin Market: Market Share Analysis
14.2. Automobile Coating Resin Distributors and Customers
14.3. Automobile Coating Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SACAL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PGG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dimond Paint
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sherwin-Williams
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Qualipoly Chemical Corporations
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangsu Sanmu Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eternal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shanghai Yoo-Pont Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hitachi Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
