Market Overview:
The global automotive interior and exterior coating 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 vehicles and commercial vehicles across the globe. In terms of type, the water-based paint segment is expected to account for a major share of the global automotive interior and exterior coating market during the forecast period. This can be attributed to its properties such as environmental friendliness, low VOC emissions, superior finish quality, etc. In terms of application, the passenger vehicle segment is anticipated to hold a dominant position in the global automotive interior and exterior coating market throughout the forecast period.
Product Definition:
An automotive interior and exterior coating is an automotive paint that is applied to the inside and outside of a vehicle. It protects the vehicle from weathering, fading, and other damage.
Water-Based Paint:
Water-based paint is a type of paint that is made up of water, binders and colorants. It has low VOC content as compared to solvent-based paints.
Oil Paint:
Oil paint is a type of paint, which is made up of pigments and binders. It has been used traditionally for centuries in various forms across the globe. The modern version of oil paints consists of linseed oil as a binder along with various additives such as alkyd resins, titanium dioxide, or chromium to improve its properties.
Application Insights:
The passenger vehicle application segment led the global automotive interior and exterior coating market in 2017, accounting for more than 60.0% share of the overall revenue. The demand is expected to increase significantly owing to rising disposable income among consumers, especially in emerging economies such as China, India and Brazil. Moreover, increasing penetration of social media has enabled people to interact directly with companies offering various products through online reviews which will positively influence product demand over the forecast period.
Commercial vehicles are expected to witness a CAGR of XX% from 2018 to 2030 owing to growing government initiatives aimed at improving road infrastructure across developing countries including Indonesia and Vietnam which will result in increased production volumes over the next few years thereby influencing product demand positively over the forecast period.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing automobile production in countries, such as China, India, Japan and South Korea. In addition, rising disposable income levels coupled with a growing population are likely to contribute towards increased demand for passenger vehicles in this region.
The European market was valued at USD X billion in 2017 owing to high automotive manufacturing output across Germany, France and Italy among other Eastern and Central European countries that border Russia. The presence of major auto paint manufacturers including BASF SE; PPG Industries Inc.; Sherwin-Williams Co., Inc.; Valspar Corporation; Sikkens International Nv; Dicofix S A; Henkel AG & Co.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles: The global automotive industry is witnessing a shift towards the development of lightweight and fuel-efficient vehicles. This is primarily because of the increasing concerns over environmental pollution and rising fuel costs. In order to reduce weight, automakers are increasingly using advanced materials such as composites, aluminum, and high-strength steel in their vehicles. This is benefiting the market for automotive interior and exterior coatings as these coatings help in improving the durability and aesthetics of these materials.
- Growing demand for luxury cars: The global luxury car market is growing at a rapid pace due to the increasing purchasing power of consumers in developing countries such as China and India. This is resulting in an increase in demand for premium cars that come with luxurious interiors and exteriors coated with high-quality paints/coatings. As a result, this is driving growth prospects for the global automotive interior & exterior coating market during the forecast period 2017–2025.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Interior and Exterior Coating Market Research Report
By Type
Water-Based Paint, Oil Paint
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Akzo Nobel, BASF, PPG Industries, Axalta Coating Systems, Nippon Paint, Kansai Paint, KCC Corporation, Worwag, Peter Lacke, Donglai Coating Technology, Akzo Nobel
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Interior and Exterior Coating Market Report Segments:
The global Automotive Interior and Exterior Coating market is segmented on the basis of:
Types
Water-Based Paint, Oil 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 Vehicle, 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:
- Akzo Nobel
- BASF
- PPG Industries
- Axalta Coating Systems
- Nippon Paint
- Kansai Paint
- KCC Corporation
- Worwag
- Peter Lacke
- Donglai Coating Technology
- Akzo Nobel
Highlights of The Automotive Interior and Exterior Coating 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:
- Water-Based Paint
- Oil Paint
- By Application:
- Passenger Vehicle
- 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 Interior and Exterior Coating 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 interior and exterior coating is a type of paint that is used to protect the surfaces of vehicles from weathering, scratches, and other damage. It can also be used to give a vehicle a glossy finish.
Some of the key players operating in the automotive interior and exterior coating market are Akzo Nobel, BASF, PPG Industries, Axalta Coating Systems, Nippon Paint, Kansai Paint, KCC Corporation, Worwag, Peter Lacke, Donglai Coating Technology, Akzo Nobel.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Interior and Exterior Coating 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 Interior and Exterior Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Interior and Exterior Coating 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 Interior and Exterior Coating 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 Interior and Exterior Coating Market Size & Forecast, 2018-2028
4.5.1 Automotive Interior and Exterior Coating Market Size and Y-o-Y Growth
4.5.2 Automotive Interior and Exterior Coating Market Absolute $ Opportunity
Chapter 5 Global Automotive Interior and Exterior Coating 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 Interior and Exterior Coating Market Size Forecast by Type
5.2.1 Water-Based Paint
5.2.2 Oil Paint
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Interior and Exterior Coating 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 Interior and Exterior Coating Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Interior and Exterior Coating 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 Interior and Exterior Coating 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 Interior and Exterior Coating Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Interior and Exterior Coating 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 Interior and Exterior Coating Market Size Forecast by Type
9.6.1 Water-Based Paint
9.6.2 Oil 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 Interior and Exterior Coating Market Size Forecast by Applications
9.10.1 Passenger Vehicle
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 Interior and Exterior Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Interior and Exterior Coating 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 Interior and Exterior Coating Market Size Forecast by Type
10.6.1 Water-Based Paint
10.6.2 Oil 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 Interior and Exterior Coating Market Size Forecast by Applications
10.10.1 Passenger Vehicle
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 Interior and Exterior Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Interior and Exterior Coating 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 Interior and Exterior Coating Market Size Forecast by Type
11.6.1 Water-Based Paint
11.6.2 Oil 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 Interior and Exterior Coating Market Size Forecast by Applications
11.10.1 Passenger Vehicle
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 Interior and Exterior Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Interior and Exterior Coating 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 Interior and Exterior Coating Market Size Forecast by Type
12.6.1 Water-Based Paint
12.6.2 Oil 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 Interior and Exterior Coating Market Size Forecast by Applications
12.10.1 Passenger Vehicle
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 Interior and Exterior Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Interior and Exterior Coating 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 Interior and Exterior Coating Market Size Forecast by Type
13.6.1 Water-Based Paint
13.6.2 Oil 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 Interior and Exterior Coating Market Size Forecast by Applications
13.10.1 Passenger Vehicle
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 Interior and Exterior Coating Market: Competitive Dashboard
14.2 Global Automotive Interior and Exterior Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel
14.3.2 BASF
14.3.3 PPG Industries
14.3.4 Axalta Coating Systems
14.3.5 Nippon Paint
14.3.6 Kansai Paint
14.3.7 KCC Corporation
14.3.8 Worwag
14.3.9 Peter Lacke
14.3.10 Donglai Coating Technology
14.3.11 Akzo Nobel
