Global Refinished Paints Market will be worth US$9477.85 Mn by the end of 2025

Industry Analysis:

Global refinished paints market is expected to reach USD 9,477.85 million by 2025 and growing at a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Refinish Paint covers all the repainting of vehicles for repair, protection, and decorative purpose. Refinish paint is often carried out after a vehicle is involved in a collision and requires body repair. It is also carried out after a certain period when the vehicle needs to be refurbished to ensure protection from corrosion. Most of the refinish paint are of solventborne, waterborne, and powder technology. These coatings use different resins, including polyurethane, epoxy, acrylic, and others. Different layers of refinish paint are clearcoat, basecoat, primer, and sealer.

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Top Players

Axalta Coating Systems, LLC is going to dominate the North America refinished market following with Akzo Nobel N.V., PPG INDUSTRIES, The Sherwin-Williams Company and Others.
• Donglai.
• Novol SP.
• Noroo Paint & Coatings Co., Ltd. (subsidiary of noroo holdings co., ltd.)
• The Lubrizol Corporation,
• KCC Corporation.
• Mipa SE,
• Cresta Paint Industries LTD.
• Alpscoating.
• Guangzhou Zhenroumei Chemical Coating Limited,
• KAPCI Coatings
• PPG Industries, Inc.
• BASF SE
• 3M
• Kansai Paint CO.,LTD
• Nippon Paint Holdings Co

KEY BENEFITS
• An in-depth analysis of various regions would provide a clear understanding of current and future trends so that companies can make region specific plans
• Comprehensive analysis of the factors that drive and restrict the growth of the Refinished Paints market is provided
• Key regulatory guidelines in various regions which impact the small Refinished Paints market are critically examined
• Deep dive analysis of various regions provides insights that would enable companies to plan their business moves strategically
• Value chain analysis in the report gives a clear understanding of the roles of the stakeholders involved in the supply chain of the Refinished Paints market

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Market Segments:
The global refinished paints market is segmented on the basis of resin type, vehicle type, technology, layer and geography.
• Based on resin type, market is segmented into four notable segments as polyurethane resin, epoxy resin, acrylic resin and others
• Based on vehicle type, market is segmented into four notable segments passenger car, buses, LCV and trucks.
• Based on technology, market is segmented into three notable segments; solvent borne coating, waterborne coating and powder coating.
• Based on layer into four notable segments; primer, basecoat, clear coat and sealer.
Based on geography, the market is segmented into 5 geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

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This release was published on openPR.