Market Overview:
The global automotive exterior painting 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%. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In terms of type, ordinary paint segment is expected to hold a dominant share in the global automotive exterior painting market during the forecast period. However, pearl paint segment is anticipated to grow at a higher CAGR as compared to other segments during the forecast period. Among applications, passenger car segment dominates the global automotive exterior painting market and it is expected to maintain its dominance throughout the forecast period.
Product Definition:
The process of painting a car's exterior. Automotive exterior painting can help to protect a car from the elements and can also enhance its appearance.
Ordinary Paint:
Ordinary paint is the generic term used for paints that are manufactured from raw materials such as oil, acrylics, alkyd resins and pigments. The properties of this paint vary with different formulations depending upon the base material. For instance; acrylic based ordinary paints have high viscosity and drying rate while solvent-based ordinary paints have low viscosity and longer drying time.
Metallic Paint:
Metallic paints are widely used in automotive exterior painting owing to their high durability, superior finish, and low environmental impact. They possess properties such as abrasion resistance, hardness, and flexibility. Metallic paints are available in various forms including solid films (solvent or water-based), powder coatings (high or airborne), liquid metals (paints & primers) and metallized coating. The type of metallic paint depends on the base material i.e.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The rising importance of paint quality and appearance in this segment is expected to drive demand for superior automotive exterior paints, thereby supporting the overall market growth during the forecast period.
The commercial vehicle segment is anticipated to witness significant growth over the forecast period owing to increasing government regulations regarding environment protection and energy conservation coupled with rising concerns regarding brand image and product quality among commercial vehicle owners. Moreover, stringent regulations on air pollution control from governments across various regions are further expected to boost product demand in this application type over the coming years. Increasing investments by companies such as Daimler AG; Mercedes Benz; Ford Motor Company; General Motors Company; Toyota Motor Corporation; Nissan North America Inc.; Honda Motor Co., Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of the total revenue in 2017 owing to increasing automobile production and sales across key countries such as China, India, Japan, South Korea, Thailand among others. Moreover, rising disposable income coupled with growing consumer awareness about vehicle maintenance will drive demand further.
The European regional market captured a significant share in terms of volume as well as revenue owing to high automotive standards across major countries such as Germany and Italy among others. In addition it has been observed that automobiles play an important role during leisure time which is one of the most valued assets for people living in Europe thus making them spend more on vehicle maintenance thereby driving demand over the forecast period.
Growth Factors:
- Increasing demand for luxury and customized cars
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive painting processes
- Stringent environmental regulations for emissions and fuel efficiency
- Growing popularity of paintless dent removal services
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Exterior Painting Market Research Report
By Type
Ordinary Paint, Metallic Paint, Pearl Paint
By Application
Passenger Car, Commercial Vehicle
By Companies
PPG Industries, BASF, Axalta Coating Systems, Nippon Paint, Kansai Paint, KCC Corporation, Akzo Nobel, Sherwin-Williams, Donglai Coating Technology, Shanghai Kinlita Chemical, YATU, Twin Tiger Coatings, Swan Coatings, Qianlang Coating, Zhongshan Daoqum, Guangzhou Strong Chemical, Fujian Xinzhanwang, Sifang-victory Group
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Exterior Painting Market Report Segments:
The global Automotive Exterior Painting market is segmented on the basis of:
Types
Ordinary Paint, Metallic Paint, Pearl Paint
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
Passenger Car, Commercial Vehicle
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:
- PPG Industries
- BASF
- Axalta Coating Systems
- Nippon Paint
- Kansai Paint
- KCC Corporation
- Akzo Nobel
- Sherwin-Williams
- Donglai Coating Technology
- Shanghai Kinlita Chemical
- YATU
- Twin Tiger Coatings
- Swan Coatings
- Qianlang Coating
- Zhongshan Daoqum
- Guangzhou Strong Chemical
- Fujian Xinzhanwang
- Sifang-victory Group
Highlights of The Automotive Exterior Painting 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:
- Ordinary Paint
- Metallic Paint
- Pearl Paint
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 Exterior Painting 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 exterior painting is a service that is offered by professional painters to help protect your car's finish and make it look its best. The paint job will cover the entire exterior of your car, including the hood, roof, and trunk.
Some of the major players in the automotive exterior painting market are PPG Industries, BASF, Axalta Coating Systems, Nippon Paint, Kansai Paint, KCC Corporation, Akzo Nobel, Sherwin-Williams, Donglai Coating Technology, Shanghai Kinlita Chemical, YATU, Twin Tiger Coatings, Swan Coatings, Qianlang Coating, Zhongshan Daoqum, Guangzhou Strong Chemical, Fujian Xinzhanwang, Sifang-victory Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Exterior Painting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Exterior Painting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Exterior Painting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Exterior Painting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Exterior Painting Market Size & Forecast, 2018-2028
4.5.1 Automotive Exterior Painting Market Size and Y-o-Y Growth
4.5.2 Automotive Exterior Painting Market Absolute $ Opportunity
Chapter 5 Global Automotive Exterior Painting Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Exterior Painting Market Size Forecast by Type
5.2.1 Ordinary Paint
5.2.2 Metallic Paint
5.2.3 Pearl Paint
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Exterior Painting Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Exterior Painting Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Exterior Painting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Exterior Painting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Exterior Painting Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Exterior Painting Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Exterior Painting Market Size Forecast by Type
9.6.1 Ordinary Paint
9.6.2 Metallic Paint
9.6.3 Pearl Paint
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Exterior Painting Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Exterior Painting Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Exterior Painting Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Exterior Painting Market Size Forecast by Type
10.6.1 Ordinary Paint
10.6.2 Metallic Paint
10.6.3 Pearl Paint
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Exterior Painting Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Exterior Painting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Exterior Painting Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Exterior Painting Market Size Forecast by Type
11.6.1 Ordinary Paint
11.6.2 Metallic Paint
11.6.3 Pearl Paint
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Exterior Painting Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Exterior Painting Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Exterior Painting Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Exterior Painting Market Size Forecast by Type
12.6.1 Ordinary Paint
12.6.2 Metallic Paint
12.6.3 Pearl Paint
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Exterior Painting Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Exterior Painting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Exterior Painting Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Exterior Painting Market Size Forecast by Type
13.6.1 Ordinary Paint
13.6.2 Metallic Paint
13.6.3 Pearl Paint
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Exterior Painting Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Exterior Painting Market: Competitive Dashboard
14.2 Global Automotive Exterior Painting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG Industries
14.3.2 BASF
14.3.3 Axalta Coating Systems
14.3.4 Nippon Paint
14.3.5 Kansai Paint
14.3.6 KCC Corporation
14.3.7 Akzo Nobel
14.3.8 Sherwin-Williams
14.3.9 Donglai Coating Technology
14.3.10 Shanghai Kinlita Chemical
14.3.11 YATU
14.3.12 Twin Tiger Coatings
14.3.13 Swan Coatings
14.3.14 Qianlang Coating
14.3.15 Zhongshan Daoqum
14.3.16 Guangzhou Strong Chemical
14.3.17 Fujian Xinzhanwang
14.3.18 Sifang-victory Group
