Automotive coatings, like most Other, are used mainly to provide protection and decoration. Water-based acrylic polyurethane enamel paint is currently the most widely used paint for reasons including reducing paint’s environmental impact. Modern automobile paint is applied in several layers, with a total thickness of around 100 µm(0.1mm). Paint application requires preparation and primer steps to ensure proper application. A basecoat is applied after the primer paint is applied. Following this, a clearcoat of paint may be applied that forms a glossy and transparent coating. The clearcoat layer must be able to withstand UV light.
The key players are PPG Industries, BASF and Axalta Coating Systems, etc. Top 3 companies occupied about 55% market share.Asia-Pacific is the largest market, with a share about 45%, followed by Europe and North America with the share about 25% and 17%.In terms of product, water-based coating is the largest segment, with a share over 60%. And in terms of application, the largest application is OEM, followed by refinish.
The Global Info Research report includes an overview of the development of the Automotive Paint & Coating industry chain, the market status of OEM (Water-based Coating, Solvent Coating), Parts (Water-based Coating, Solvent Coating), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Automotive Paint & Coating.
Regionally, the report analyzes the Automotive Paint & Coating markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Automotive Paint & Coating market, with robust domestic demand, supportive policies, and a strong manufacturing base.