Market Overview:
The global automotive clear coat market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The topcoat clear coat segment is expected to account for a major share of the global automotive clear coat market during the forecast period. The glamour clear coat segment is projected to register highest CAGR during the forecast period. Asia Pacific is estimated to be the dominant region in terms of value and volume contribution, followed by Europe, in 2018.
Product Definition:
The clear coat is the last step in painting your car. It's a clear, protective layer that goes over the paint to seal it and keep it looking new.
Topcoat Clear Coat:
Topcoat clear coat is a single or double-component acrylic resin coating, which is applied over the base paint to enhance its appearance. It has several advantages such as it does not require sanding and can be applied by hand; it gives an excellent finish with smooth surface and also provides protection against minor scratches.
Glamour Clear Coat:
Glamour clear coat is a type of automotive clear coat used to give a glossy finish. It contains polyurethane and acrylic resin in combination with additives for color stability, UV protection, anti-fouling and scratch resistance. The product is available in various forms including liquids, powders and sprays.
Application Insights:
The demand for automotive clear coat is expected to witness growth on account of its increasing use in manufacturing high-quality vehicles. The growing popularity of the luxury car market across various regions coupled with rising sales of compact cars and mid-size cars is anticipated to propel the product demand over the forecast period.
The application segment comprises compact cars, mid-size cars, SUVs, luxury/sports Cars (LCVs), and heavy commercial vehicles (HCVs). LCV accounted for a major share in 2017 owing to increased production capacities resulting in low prices that attract customers from China, South Korea & Japan towards European brands such as Ford F Series Super Duty Tractor; Mercedes Benz; Volkswagen Amarok; Toyota Hilux etc.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing automobile production in countries, such as China, India, Japan, and South Korea. Moreover, rising disposable income levels coupled with a growing population will also boost automotive demand over the next eight years.
Europe was another major contributor towards market growth owing to high demand from Germany and Italy on account of their large car manufacturing industries. North America is projected to witness steady growth due to increasing investments by companies for developing advanced vehicles with enhanced performance characteristics at competitive prices within strict timelines which are further expected to drive product adoption across all segments including HCVs and LCVs among others during the forecast period.
Growth Factors:
- Increasing demand for luxury and customized cars
- Rising disposable income of consumers in developing countries
- Technological advancements in the automotive clear coat industry
- Growing awareness about the benefits of using automotive clear coats
- Stringent government regulations for vehicle emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Clear Coat Market Research Report
By Type
Topcoat Clear Coat, Glamour Clear Coat, Turbo Clear Coat, Higher Solid Clear Coat, Euro Clear Coat
By Application
Compact Cars, Mid-Size Cars, SUVs, Luxury Cars, LCVs, HCVs
By Companies
BASF SE, PPG Industries, Axalta Coating, Sherwin-Williams Company, AkzoNobel NV, KCC Corporation, Nippon Paint Holdings, Jotun A/S, Kansai Paint, Speedokote, KBS Coatings, Jinwei 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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Clear Coat Market Report Segments:
The global Automotive Clear Coat market is segmented on the basis of:
Types
Topcoat Clear Coat, Glamour Clear Coat, Turbo Clear Coat, Higher Solid Clear Coat, Euro Clear Coat
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
Compact Cars, Mid-Size Cars, SUVs, Luxury Cars, LCVs, HCVs
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:
- BASF SE
- PPG Industries
- Axalta Coating
- Sherwin-Williams Company
- AkzoNobel NV
- KCC Corporation
- Nippon Paint Holdings
- Jotun A/S
- Kansai Paint
- Speedokote
- KBS Coatings
- Jinwei Chemical
Highlights of The Automotive Clear Coat 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:
- Topcoat Clear Coat
- Glamour Clear Coat
- Turbo Clear Coat
- Higher Solid Clear Coat
- Euro Clear Coat
- By Application:
- Compact Cars
- Mid-Size Cars
- SUVs
- Luxury Cars
- LCVs
- HCVs
- 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 Automotive Clear Coat 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Automotive clear coat is a type of paint that is used to protect the surface of a car or truck from scratches and other damage. Clear coat is applied over the top of existing paint, and it helps to create a smooth, glossy finish.
Some of the key players operating in the automotive clear coat market are BASF SE, PPG Industries, Axalta Coating, Sherwin-Williams Company, AkzoNobel NV, KCC Corporation, Nippon Paint Holdings, Jotun A/S, Kansai Paint, Speedokote, KBS Coatings, Jinwei Chemical.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Clear Coat 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. Automotive Clear Coat Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Clear Coat Market - Supply Chain
4.5. Global Automotive Clear Coat Market Forecast
4.5.1. Automotive Clear Coat Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Clear Coat Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Clear Coat Market Absolute $ Opportunity
5. Global Automotive Clear Coat 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. Automotive Clear Coat Market Size and Volume Forecast by Type
5.3.1. Topcoat Clear Coat
5.3.2. Glamour Clear Coat
5.3.3. Turbo Clear Coat
5.3.4. Higher Solid Clear Coat
5.3.5. Euro Clear Coat
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Clear Coat 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. Automotive Clear Coat Market Size and Volume Forecast by Application
6.3.1. Compact Cars
6.3.2. Mid-Size Cars
6.3.3. SUVs
6.3.4. Luxury Cars
6.3.5. LCVs
6.3.6. HCVs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Clear Coat 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. Automotive Clear Coat 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 Automotive Clear Coat 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. Automotive Clear Coat 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 Automotive Clear Coat Demand Share Forecast, 2019-2026
9. North America Automotive Clear Coat 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 Automotive Clear Coat 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 Automotive Clear Coat Market Size and Volume Forecast by Application
9.4.1. Compact Cars
9.4.2. Mid-Size Cars
9.4.3. SUVs
9.4.4. Luxury Cars
9.4.5. LCVs
9.4.6. HCVs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Clear Coat Market Size and Volume Forecast by Type
9.7.1. Topcoat Clear Coat
9.7.2. Glamour Clear Coat
9.7.3. Turbo Clear Coat
9.7.4. Higher Solid Clear Coat
9.7.5. Euro Clear Coat
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 Automotive Clear Coat Demand Share Forecast, 2019-2026
10. Latin America Automotive Clear Coat 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 Automotive Clear Coat 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 Automotive Clear Coat Market Size and Volume Forecast by Application
10.4.1. Compact Cars
10.4.2. Mid-Size Cars
10.4.3. SUVs
10.4.4. Luxury Cars
10.4.5. LCVs
10.4.6. HCVs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Clear Coat Market Size and Volume Forecast by Type
10.7.1. Topcoat Clear Coat
10.7.2. Glamour Clear Coat
10.7.3. Turbo Clear Coat
10.7.4. Higher Solid Clear Coat
10.7.5. Euro Clear Coat
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 Automotive Clear Coat Demand Share Forecast, 2019-2026
11. Europe Automotive Clear Coat 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 Automotive Clear Coat 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 Automotive Clear Coat Market Size and Volume Forecast by Application
11.4.1. Compact Cars
11.4.2. Mid-Size Cars
11.4.3. SUVs
11.4.4. Luxury Cars
11.4.5. LCVs
11.4.6. HCVs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Clear Coat Market Size and Volume Forecast by Type
11.7.1. Topcoat Clear Coat
11.7.2. Glamour Clear Coat
11.7.3. Turbo Clear Coat
11.7.4. Hiher Solid Clear Coat
11.7.5. Euro Clear Coat
11.8. Basis Point Share (BPS) Analysis by Type
11.9. 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 Automotive Clear Coat Demand Share, 2019-2026
12. Asia Pacific Automotive Clear Coat 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 Automotive Clear Coat 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 Automotive Clear Coat Market Size and Volume Forecast by Application
12.4.1. Compact Cars
12.4.2. Mid-Size Cars
12.4.3. SUVs
12.4.4. Luxury Cars
12.4.5. LCVs
12.4.6. HCVs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Clear Coat Market Size and Volume Forecast by Type
12.7.1. Topcoat Clear Coat
12.7.2. Glamour Clear Coat
12.7.3. Turbo Clear Coat
12.7.4. Higher Solid Clear Coat
12.7.5. Euro Clear Coat
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 Automotive Clear Coat Demand Share, 2019-2026
13. Middle East & Africa Automotive Clear Coat 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 Automotive Clear Coat 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 Automotive Clear Coat Market Size and Volume Forecast by Application
13.4.1. Compact Cars
13.4.2. Mid-Size Cars
13.4.3. SUVs
13.4.4. Luxury Cars
13.4.5. LCVs
13.4.6. HCVs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Clear Coat Market Size and Volume Forecast by Type
13.7.1. Topcoat Clear Coat
13.7.2. Glamour Clear Coat
13.7.3. Turbo Clear Coat
13.7.4. Higher Solid Clear Coat
13.7.5. Euro Clear Coat
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 Automotive Clear Coat Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Clear Coat Market: Market Share Analysis
14.2. Automotive Clear Coat Distributors and Customers
14.3. Automotive Clear Coat Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF SE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PPG Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Axalta Coating
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 Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AkzoNobel NV
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KCC Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nippon Paint Holdings
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jotun A/S
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kansai Paint
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Speedokote
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KBS Coatings
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jinwei Chemical
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
