Automotive Refinish Coatings Market by Type, Application, and Geography - Forecast and Analysis 2023-2027
| Published: Oct 2023 | Pages: 173 | SKU: IRTNTR44560 |
Automotive Refinish Coatings Market Forecast 2023-2027
The Automotive Refinish Coatings Market size is forecast to increase by USD 2.43 billion, at a CAGR of 4.34% between 2022 and 2027. Market expansion hinges on various factors, notably the heightened emphasis on research and development alongside innovative strategies to streamline cycle times. Additionally, the provision of robust support services facilitates the efficient utilization of coatings, enhancing their value proposition. Moreover, economic stability, coupled with rising disposable incomes, contributes significantly to market growth by fostering greater consumer spending power. These interconnected factors collectively drive the market forward, fostering innovation, efficiency, and economic prosperity. As organizations continue to invest in research, optimize operational processes, and cater to evolving consumer needs, the market for coatings is poised for sustained growth and development.
What will be the Market Size During the Forecast Period?
Market Segmentation
In the market, vehicle repair and vehicle modification drive demand for solutions like water-based coatings and specialty coatings. Factors such as vehicle age and environmental factors necessitate innovative products like filler and basecoat, while advanced application techniques and digital color matching solutions ensure precise finishes. Addressing concerns like chipping, these coatings offer durability and protection against wear and tear, catering to diverse automotive refinishing needs.
This market forecasting report extensively covers market segmentation by type (solvent-based coatings, water-based coatings, and others), application (passenger cars, light commercial vehicles, and heavy commercial vehicles), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
By Type
The market share growth by solvent-based coatings segment will be significant during the forecast period. The solvent-based coatings segment accounted for the largest share of the global automotive refinish coatings market in 2022. Solvent-based coatings are types of coatings that use solvents to dissolve the ingredients of the coating to make it more spreadable and easier to apply. Solvent-based coatings have been widely used in the automotive refinishing industry because they offer a high-quality finish, good durability, and excellent resistance to weathering, chemicals, and abrasion.
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The solvent-based segment was valued at USD 4.15 billion in 2017. However, stringent regulations have reduced the demand for these coatings as they have a higher content of organic solvents in comparison to water-based solvents. These organic solvents are harmful to the environment and humans. They improve the drying speed, texture, and color and ensure a smooth surface of coatings. Further, mnufacturers have also developed low-VOC and eco-friendly solvent-based coatings to meet the demand of customers who prioritize environmental sustainability. This is expected to drive the growth of the solvent-based coatings segment in the market during the forecast period.
By Application
Based on the application, the passenger car segment holds the largest market share. The passenger cars segment is a significant market for automotive refinish coatings. Passenger cars are used for personal transportation and include various types of vehicles, such as sedans, hatchbacks, SUVs, and sports cars. Passenger cars require high-quality coatings that provide excellent finish, durability, and resistance to weathering, scratches, and other forms of wear and tear. Automotive refinish coatings for passenger cars are designed to match the original factory color and texture of the vehicle, providing an even and consistent finish that enhances its appearance. Thus, growing sales of EV passenger cars will increase the demand for automotive refinish coatings, which, in turn, will boost the growth of the passenger cars segment in the market during the forecast period.
By Region
APAC is estimated to contribute 51% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Rapid urbanization, the rising number of road collisions, the increasing presence of automobile manufacturers, the rise in vehicle ownership, the growing preference for old, refurbished vehicles, and the presence of global and local companies are major factors driving the growth of the market in APAC.
Market Definition
Automotive refinish coatings are applied to old and new vehicles to cover up damage caused by external factors such as climate; road conditions; foreign particles such as stones, debris, and rubble; and accidents. These coatings are part of the aftermarket. Vehicle owners take their vehicles to automotive body shops and repair centers to repair the damage by getting them painted.
Market Dynamics
The market focuses on restoring original color and finish post-vehicle repair, emphasizing corrosion protection and UV radiation protection for enhanced longevity. With concerns over road accidents and vehicle collisions, there's a demand for water-based coatings and low VOC coatings ensuring environmental friendliness. Advancements in color matching and application techniques address vehicle aesthetics, with innovations like nanotechnology and robotic painting systems. Solutions like sprayless scratch repair systems and digital color matching cater to diverse surface damage needs, catering to trucks and various specialty vehicles amidst regular maintenance routines. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Driver
The market is growing due to heightened R&D and innovation to cut cycle times. Global firms invest in R&D for new refinish coating tech to meet changing customer needs and enhance their product range. Companies like BASF and PPG develop products to trim cycle time, boost efficiency, and cut operational costs. For instance, BASF's eco-friendly Onyx HD coat is applied to vehicles, causing no VOC emissions.
Under Direct Repair Programs (DRP), repair shops partner with insurers to streamline accident claims, reducing documentation time. PPG's MVP solutions train shop owners and managers in new technologies, drawing more participation. These programs impart knowledge in Lean Six Sigma and tech implementation, cutting cycle time and improving performance. Thus, the R&D focus and innovative methods to shorten cycle times drive global auto refinish coatings market growth.
Significant Market Trends
The market is witnessing a notable trend with the increasing adoption of UV-curable coatings, driven by their high-performance attributes such as strong adhesion and flexibility. Manufacturers are intensifying their research and development efforts to create UV-curable coatings that provide effective scratch and mar resistance. For example, BASF has introduced multi-functional polyol intermediates for producing UV-curable acrylic monomers and oligomers, leading to environmentally friendly, high-performance coatings.
Similarly, Akzo Nobel offers a UV-curable clearcoat, outperforming traditional clearcoats in application, appearance, and protection. Stricter environmental regulations, notably by the EPA and China's Ministry of Environmental Protection, are elevating the demand for eco-friendly UV-curable and water-borne coatings, boosting growth in the market.
Major Market Challenge
The market growth might be impeded by the shifting supply-demand equilibrium. Evolving consumption habits, technological breakthroughs, and novel product introductions pose formidable obstacles for the market. Manufacturers offer efficient coating processes to curtail volume consumption, employing specially designed spray guns that minimize coating wastage. The surge in these innovations has reduced coating consumption. However, recycling coatings further limits consumption but encourages sustainable practices. The gradual transition toward these technologies is anticipated. Companies are prioritizing differentiation, performance, innovation, and launches to maintain a competitive edge.
Further, the escalating desire for low-maintenance, durable vehicles constrains the market. Hybrid Electric Vehicles (HEV) find favor for short commutes and reduced upkeep. Regulatory pressure and pollution concerns bolster HEV popularity due to their eco-friendliness and performance advantages like acceleration and minimal maintenance. Governments endorse HEVs to curb fuel consumption, noise, and air pollution. This supply-demand shift poses a significant hurdle for the global automotive refinish coatings market's growth in the forecast period.
Key Market Companies
Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
- KAPCI Coating Systems LLC - The company offers automotive refinish coatings such as 800 Etch primer, 805 wash primer.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
3M Co., Akzo Nobel NV, Alps Coating Sdn Bhd, Angel Coating Pvt. Ltd., Axalta Coating Systems Ltd., BASF SE, BERNARDO ECENARRO S.A., Carl Schlenk AG, Covestro AG, General Paint Co., Kansai Paint Co. Ltd., KAPCI Coatings Systems LLC, Nippon Paint Holdings Co. Ltd., NOROO Paint and Coatings Co. Ltd., NOVOL Sp zoo, PPG Industries Inc., S.Coat Co. Ltd., Tara Paints and Chemicals, The Sherwin Williams Co., and TOA Paint Thailand Public Co. Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Type Outlook
- Solvent-based coatings
- Water-based coatings
- Others
- Application Outlook
- Passenger cars
- Light commercial vehicles
- Heavy commercial vehicles
- Region Outlook
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Argentina
- Brazil
- Chile
- North America
Market Analyst Overview:
The market is thriving, driven by demand for topcoat solutions that combat paint fading and preserve the appearance of newer vehicles. Consumers seek personalized vehicles with unique aesthetics, boosting automotive sales and the need for advanced color matching systems and spectrophotometers. Vehicle owners opt for vehicle customization and refurbishing older vehicles with eco-friendly coatings to reduce volatile organic compound (VOC) emissions. These coatings shield against sunlight, rain, snow, and road debris, enhancing vehicle appearance and protection while contributing to reduced emissions and improved air quality. Options include polyurethane, alkyd, activator, solvent-borne, water-borne, and UV-cured coatings.
Further, the market addresses vehicle repair needs, offering water based coatings for sustainable solutions amidst concerns over environmental factors. With vehicle modification and aging concerns, filler and basecoat options are crucial, alongside specialty coatings for diverse applications. Chipping issues are mitigated with advanced application techniques and digital color matching solutions, ensuring precise touch-ups and seamless finishes, meeting the demands of modern automotive refinishing.
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Market Scope |
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Report Coverage |
Details |
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Page number |
173 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.34% |
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Market growth 2023-2027 |
USD 2.43 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
3.55 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 51% |
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Key countries |
US, China, Japan, India, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3M Co., Akzo Nobel NV, Alps Coating Sdn Bhd, Angel Coating Pvt. Ltd., Axalta Coating Systems Ltd., BASF SE, BERNARDO ECENARRO S.A., Carl Schlenk AG, Covestro AG, General Paint Co., Kansai Paint Co. Ltd., KAPCI Coatings Systems LLC, Nippon Paint Holdings Co. Ltd., NOROO Paint and Coatings Co. Ltd., NOVOL Sp zoo, PPG Industries Inc., S.Coat Co. Ltd., Tara Paints and Chemicals, The Sherwin Williams Co., and TOA Paint Thailand Public Co. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Automotive Refinish Coatings Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
- Precise estimation of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global automotive refinish coatings market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global automotive refinish coatings market 2017 - 2021 ($ million)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Solvent-based coatings - Market size and forecast 2022-2027
- Exhibit 34: Chart on Solvent-based coatings - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Solvent-based coatings - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Solvent-based coatings - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Solvent-based coatings - Year-over-year growth 2022-2027 (%)
- 6.4 Water-based coatings - Market size and forecast 2022-2027
- Exhibit 38: Chart on Water-based coatings - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Water-based coatings - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Water-based coatings - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Water-based coatings - Year-over-year growth 2022-2027 (%)
- 6.5 Others - Market size and forecast 2022-2027
- Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Type
- Exhibit 46: Market opportunity by Type ($ million)
- Exhibit 47: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 48: Chart on Application - Market share 2022-2027 (%)
- Exhibit 49: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 50: Chart on Comparison by Application
- Exhibit 51: Data Table on Comparison by Application
- 7.3 Passenger cars - Market size and forecast 2022-2027
- Exhibit 52: Chart on Passenger cars - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
- 7.4 Light commercial vehicles - Market size and forecast 2022-2027
- Exhibit 56: Chart on Light commercial vehicles - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Light commercial vehicles - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Light commercial vehicles - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Light commercial vehicles - Year-over-year growth 2022-2027 (%)
- 7.5 Heavy commercial vehicles - Market size and forecast 2022-2027
- Exhibit 60: Chart on Heavy commercial vehicles - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Heavy commercial vehicles - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Heavy commercial vehicles - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Heavy commercial vehicles - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Application
- Exhibit 64: Market opportunity by Application ($ million)
- Exhibit 65: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 India - Market size and forecast 2022-2027
- Exhibit 103: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.12 Germany - Market size and forecast 2022-2027
- Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 116: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 117: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification
- 12.3 3M Co.
- Exhibit 119: 3M Co. - Overview
- Exhibit 120: 3M Co. - Business segments
- Exhibit 121: 3M Co. - Key news
- Exhibit 122: 3M Co. - Key offerings
- Exhibit 123: 3M Co. - Segment focus
- 12.4 Akzo Nobel NV
- Exhibit 124: Akzo Nobel NV - Overview
- Exhibit 125: Akzo Nobel NV - Business segments
- Exhibit 126: Akzo Nobel NV - Key news
- Exhibit 127: Akzo Nobel NV - Key offerings
- Exhibit 128: Akzo Nobel NV - Segment focus
- 12.5 Alps Coating Sdn Bhd
- Exhibit 129: Alps Coating Sdn Bhd - Overview
- Exhibit 130: Alps Coating Sdn Bhd - Product / Service
- Exhibit 131: Alps Coating Sdn Bhd - Key offerings
- 12.6 Axalta Coating Systems Ltd.
- Exhibit 132: Axalta Coating Systems Ltd. - Overview
- Exhibit 133: Axalta Coating Systems Ltd. - Business segments
- Exhibit 134: Axalta Coating Systems Ltd. - Key offerings
- Exhibit 135: Axalta Coating Systems Ltd. - Segment focus
- 12.7 BASF SE
- Exhibit 136: BASF SE - Overview
- Exhibit 137: BASF SE - Business segments
- Exhibit 138: BASF SE - Key news
- Exhibit 139: BASF SE - Key offerings
- Exhibit 140: BASF SE - Segment focus
- 12.8 Covestro AG
- Exhibit 141: Covestro AG - Overview
- Exhibit 142: Covestro AG - Business segments
- Exhibit 143: Covestro AG - Key news
- Exhibit 144: Covestro AG - Key offerings
- Exhibit 145: Covestro AG - Segment focus
- 12.9 Kansai Paint Co. Ltd.
- Exhibit 146: Kansai Paint Co. Ltd. - Overview
- Exhibit 147: Kansai Paint Co. Ltd. - Business segments
- Exhibit 148: Kansai Paint Co. Ltd. - Key offerings
- Exhibit 149: Kansai Paint Co. Ltd. - Segment focus
- 12.10 KAPCI Coatings Systems LLC
- Exhibit 150: KAPCI Coatings Systems LLC - Overview
- Exhibit 151: KAPCI Coatings Systems LLC - Product / Service
- Exhibit 152: KAPCI Coatings Systems LLC - Key offerings
- 12.11 Nippon Paint Holdings Co. Ltd.
- Exhibit 153: Nippon Paint Holdings Co. Ltd. - Overview
- Exhibit 154: Nippon Paint Holdings Co. Ltd. - Business segments
- Exhibit 155: Nippon Paint Holdings Co. Ltd. - Key offerings
- Exhibit 156: Nippon Paint Holdings Co. Ltd. - Segment focus
- 12.12 NOROO Paint and Coatings Co. Ltd.
- Exhibit 157: NOROO Paint and Coatings Co. Ltd. - Overview
- Exhibit 158: NOROO Paint and Coatings Co. Ltd. - Key offerings
- 12.13 NOVOL Sp zoo
- Exhibit 159: NOVOL Sp zoo - Overview
- Exhibit 160: NOVOL Sp zoo - Product / Service
- Exhibit 161: NOVOL Sp zoo - Key offerings
- 12.14 PPG Industries Inc.
- Exhibit 162: PPG Industries Inc. - Overview
- Exhibit 163: PPG Industries Inc. - Business segments
- Exhibit 164: PPG Industries Inc. - Key offerings
- Exhibit 165: PPG Industries Inc. - Segment focus
- 12.15 S.Coat Co. Ltd.
- Exhibit 166: S.Coat Co. Ltd. - Overview
- Exhibit 167: S.Coat Co. Ltd. - Product / Service
- Exhibit 168: S.Coat Co. Ltd. - Key offerings
- 12.16 The Sherwin Williams Co.
- Exhibit 169: The Sherwin Williams Co. - Overview
- Exhibit 170: The Sherwin Williams Co. - Business segments
- Exhibit 171: The Sherwin Williams Co. - Key news
- Exhibit 172: The Sherwin Williams Co. - Key offerings
- Exhibit 173: The Sherwin Williams Co. - Segment focus
- 12.17 TOA Paint Thailand Public Co. Ltd.
- Exhibit 174: TOA Paint Thailand Public Co. Ltd. - Overview
- Exhibit 175: TOA Paint Thailand Public Co. Ltd. - Business segments
- Exhibit 176: TOA Paint Thailand Public Co. Ltd. - Key offerings
- Exhibit 177: TOA Paint Thailand Public Co. Ltd. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 178: Inclusions checklist
- Exhibit 179: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 180: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 181: Research methodology
- Exhibit 182: Validation techniques employed for market sizing
- Exhibit 183: Information sources
- 13.5 List of abbreviations
- Exhibit 184: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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automotive refinish coatings market
Key Questions Answered
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- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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