Market Overview:
The global car restoration material market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automotive refinish coatings, automotive interior restoration, and automotive restoration moulds across the globe. In addition, the increasing demand for luxury cars and SUVs has led to an increase in the number of car restoration projects globally. Moreover, rising awareness about vehicle preservation is also contributing towards the growth of this market. However, volatility in raw material prices may restrain market growth over the forecast period. .
Product Definition:
Car restoration material is a term used to describe the various substances and items that are used in the restoration of an automobile. This may include paint, primer, body filler, putty, and other items. These materials are important because they help to restore the car to its original condition. They may also improve the appearance of the car and increase its value.
Automotive Refinish Coating:
Automotive refinish coatings are used to repair damages in automotive paints. The damage can be caused due to minor accidents or because of aging. Refinishing helps bring the paint jobs back to its original condition. It also helps protect the car from further damages and it increases the life of a car by protecting it from UV rays, moisture, heat, and scratches.
Automotive Interior Restoration:
Automotive interior restoration is a process of repairing damages to the interiors of automobiles. It includes recovering materials that have been damaged or lost due to wear and tear, accident, corrosion or any other reason. The automotive industry has witnessed rapid growth in recent years which has led to an increase in demand for automobile parts as well as components such as seats, dashboards & steering wheels and others. This factor is expected to drive the global automobile interior restoration market over the forecast period.
Application Insights:
The traditional automotive restoration segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing demand for paint, body work & dent repair products coupled with a rise in consumer interest towards older cars. The growth of this segment can also be attributed to the fact that many consumers still associate restored cars with high value and are thus inclined towards investing in such vehicles.
Automotive replicas application is expected to witness significant growth over the forecast period owing to rising demand from countries, where vintage car production is at its peak such as Italy, U.K., Germany, France among others. These countries are home to several enthusiasts who restore their oldtimer vehicles based on original specifications every year which has created a huge demand for these types of products across various markets globally including design studios and automobile showrooms which eventually led them into becoming one of the major segments driving overall market growth worldwide through 2030 CE .
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing automobile sales and rising demand for restoration materials in this region. According to OICA, North America accounted for 23% of the global vehicle production in 2016, which is expected to grow at a rate of nearly 1%, thereby driving product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period owing with rapid industrialization and urbanization resulting into increased automobile usage leading into higher product consumption across countries such as China, Japan, South Korea and India among others will drive regional market growth during the projected time frame 8%. Europe also held a considerable share owing with high concentration of luxury car manufacturers such as AUDI AG (Germany), BMW AG (Germany), Mercedes-Benz AG (Germany) Porsche Cars GmbH & Co., Ltd.
Growth Factors:
- Increasing demand for luxury cars
- Rising disposable income of the population
- Technological advancements in car restoration materials
- Growing awareness about the benefits of using car restoration materials
- Government initiatives to promote use of car restoration materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Restoration Material Market Research Report
By Type
Automotive Refinish Coating, Automotive Interior Restoration, Automotive Restoration Mould, Others
By Application
Traditional Automotive Restoration, Automotive Replicas, Preservation of Exterior Wear, Others
By Companies
PPG Industries, Sherwin-Williams (Valspar), Axalta Coating Systems, Akzo Nobel, BASF, Alumilite Corporation, AUTO CUSTOM CARPETS，INC
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Car Restoration Material Market Report Segments:
The global Car Restoration Material market is segmented on the basis of:
Types
Automotive Refinish Coating, Automotive Interior Restoration, Automotive Restoration Mould, Others
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
Traditional Automotive Restoration, Automotive Replicas, Preservation of Exterior Wear, Others
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
- Sherwin-Williams (Valspar)
- Axalta Coating Systems
- Akzo Nobel
- BASF
- Alumilite Corporation
- AUTO CUSTOM CARPETS，INC
Highlights of The Car Restoration Material 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:
- Automotive Refinish Coating
- Automotive Interior Restoration
- Automotive Restoration Mould
- Others
- By Application:
- Traditional Automotive Restoration
- Automotive Replicas
- Preservation of Exterior Wear
- Others
- 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 Car Restoration Material 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
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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?
Car restoration material is a type of adhesive that is used to attach pieces of metal or plastic to other surfaces. It can be used in a variety of applications, including car repair and restoration.
Some of the key players operating in the car restoration material market are PPG Industries, Sherwin-Williams (Valspar), Axalta Coating Systems, Akzo Nobel, BASF, Alumilite Corporation, AUTO CUSTOM CARPETS，INC.
The car restoration material market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Restoration Material 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 Car Restoration Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Restoration Material 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 Car Restoration Material 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 Car Restoration Material Market Size & Forecast, 2018-2028
4.5.1 Car Restoration Material Market Size and Y-o-Y Growth
4.5.2 Car Restoration Material Market Absolute $ Opportunity
Chapter 5 Global Car Restoration Material 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 Car Restoration Material Market Size Forecast by Type
5.2.1 Automotive Refinish Coating
5.2.2 Automotive Interior Restoration
5.2.3 Automotive Restoration Mould
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Restoration Material 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 Car Restoration Material Market Size Forecast by Applications
6.2.1 Traditional Automotive Restoration
6.2.2 Automotive Replicas
6.2.3 Preservation of Exterior Wear
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Restoration Material 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 Car Restoration Material 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 Car Restoration Material Analysis and Forecast
9.1 Introduction
9.2 North America Car Restoration Material 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 Car Restoration Material Market Size Forecast by Type
9.6.1 Automotive Refinish Coating
9.6.2 Automotive Interior Restoration
9.6.3 Automotive Restoration Mould
9.6.4 Others
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 Car Restoration Material Market Size Forecast by Applications
9.10.1 Traditional Automotive Restoration
9.10.2 Automotive Replicas
9.10.3 Preservation of Exterior Wear
9.10.4 Others
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 Car Restoration Material Analysis and Forecast
10.1 Introduction
10.2 Europe Car Restoration Material 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 Car Restoration Material Market Size Forecast by Type
10.6.1 Automotive Refinish Coating
10.6.2 Automotive Interior Restoration
10.6.3 Automotive Restoration Mould
10.6.4 Others
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 Car Restoration Material Market Size Forecast by Applications
10.10.1 Traditional Automotive Restoration
10.10.2 Automotive Replicas
10.10.3 Preservation of Exterior Wear
10.10.4 Others
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 Car Restoration Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Restoration Material 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 Car Restoration Material Market Size Forecast by Type
11.6.1 Automotive Refinish Coating
11.6.2 Automotive Interior Restoration
11.6.3 Automotive Restoration Mould
11.6.4 Others
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 Car Restoration Material Market Size Forecast by Applications
11.10.1 Traditional Automotive Restoration
11.10.2 Automotive Replicas
11.10.3 Preservation of Exterior Wear
11.10.4 Others
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 Car Restoration Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Restoration Material 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 Car Restoration Material Market Size Forecast by Type
12.6.1 Automotive Refinish Coating
12.6.2 Automotive Interior Restoration
12.6.3 Automotive Restoration Mould
12.6.4 Others
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 Car Restoration Material Market Size Forecast by Applications
12.10.1 Traditional Automotive Restoration
12.10.2 Automotive Replicas
12.10.3 Preservation of Exterior Wear
12.10.4 Others
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) Car Restoration Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Restoration Material 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) Car Restoration Material Market Size Forecast by Type
13.6.1 Automotive Refinish Coating
13.6.2 Automotive Interior Restoration
13.6.3 Automotive Restoration Mould
13.6.4 Others
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) Car Restoration Material Market Size Forecast by Applications
13.10.1 Traditional Automotive Restoration
13.10.2 Automotive Replicas
13.10.3 Preservation of Exterior Wear
13.10.4 Others
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 Car Restoration Material Market: Competitive Dashboard
14.2 Global Car Restoration Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG Industries
14.3.2 Sherwin-Williams (Valspar)
14.3.3 Axalta Coating Systems
14.3.4 Akzo Nobel
14.3.5 BASF
14.3.6 Alumilite Corporation
14.3.7 AUTO CUSTOM CARPETS，INC
