Automotive Refinish Market 2022 Analysis May Set New Growth Story, Forecast to 2028

The global automotive refinish market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period (2022-2028). Automotive refinish is a term used for the process including paints, coating, and many others that are used for refurbishing or repairing automobiles, including passenger cars and commercial vehicles. Automotive refinish is done when a vehicle met with an accident or any other delaminations on the surface of the vehicle due to other reasons. The major factor attributing to the growth of the global automotive refinish market includes the increasing number of sales of motor vehicles across the globe. According to the Global Sales Statistics report published by the International Organization of Motor Vehicles Associations (OICA), around 82 million motor vehicles were sold across the globe in 2021. Among these, around 56 million passenger cars were sold, and 26 million commercial vehicles were sold in 2021. Thus, increasing the application of the automotive refinish process to keep the vehicles in top condition.

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Scope of the Automotive Refinish Report

The research study analyzes the Automotive Refinish industry from a 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

Market Overview and growth analysis
Import and Export Overview
Volume Analysis
Current Market Trends and Future Outlook
Market Opportunistic and Attractive Investment Segment

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Automotive Refinish Market Segmentation:

By Type

Paints
Coatings
Denting
Others

By Application

Passenger Cars
Commercial Vehicles

By Sales Channel

OEM
After-Market

Competitive Landscape- BASF SE, PPG Industries Inc., Nippon Paint (India) Pvt. Ltd., Stahl Holdings BV, and AkzoNobel, among others.

Geographic Coverage

North America Market Size and/or Volume
Latin America Market Size and/or Volume
Europe Market Size and/or Volume
Asia-Pacific Market Size and/or Volume
Rest of the world Market Size and/or Volume

Key questions answered in this report:

What is the size of the Automotive Refinish market and what is its expected growth rate?
What are the primary driving factors that push the Automotive Refinish Market forward?
What are the Automotive Refinish Industry's top companies?
What are the different categories that the Automotive Refinish Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Automotive Refinish Market sample report and company profiles?

The report covers the following objectives:

Proliferation and maturation of trade in the Automotive Refinish market.
The market share of the Automotive Refinish market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the Automotive Refinish market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Automotive Refinish market.

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This release was published on openPR.