Press release
Automotive Refinish Coating Market Hits Milestone - Projected at USD 24.42 Billion by 2034 with a Striking 6.7% CAGR
Automotive Refinish Coating-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The automotive refinish coating market was estimated to be worth USD 12.79 billion in 2024 and is predicted to expand to USD 24.42 billion by 2034, with a CAGR of 6.7% from 2025 to 2034.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide automotive refinish coating market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by resin, technology, product, vehicle age, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Automotive refinish paints, often referred to as automotive refinishing paints, are specialized products employed in the repair and repurposing of vehicles' outer surfaces. These coatings aim to enhance the look of vehicles that have experienced harm from accidents, scratches, exposure to weather, or general wear. Automotive refinish coatings are designed to fulfill particular needs, including matching the vehicle's original color, ensuring durability against UV radiation, resisting environmental influences like moisture and chemicals, and providing ease of application. These coatings come in several kinds, such as basecoats, clearcoats, primers, and sealers, each fulfilling a specific role in the refinishing procedure.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/automotive-refinish-coating-market/request-for-sample
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โ The rising incidence of road accidents worldwide is driving the global market. Traffic collisions frequently cause bodily harm that necessitates repainting and refinishing, increasing the demand for quality refinish coatings to bring vehicles back to their original state.
โ The incorporation of intelligent technologies in vehicle maintenance, including augmented reality for training and diagnostic purposes, simplifies the refinishing process and improves work quality, escalating the need for innovative coatings. Consequently, the increasing technological innovations in coating solutions drive the growth of the global market.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
The market is marked by fierce competition, and the leading companies rely on innovative technology, superior goods, and a strong brand identity to boost sales. Here are the top companies in the automotive refinish coating market:
โข Dow Inc.
โข Alsa Refinish and The Alsa Corporation
โข NOROO PAINT & COATINGS Co., Ltd.
โข BASF
โข Akzo Nobel N.V.
โข Clariant
โข PPG Industries, Inc.
โข Axalta Coating Systems
โข Cabot Corporation
โข NIPSEA Group
โข Bayer AG
โข KAPCI Coating
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/automotive-refinish-coating-market/inquire-before-buying
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ข๐ง๐ข๐ฌ๐ก ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข Based on resin, the automotive refinish coating market for the acrylic segment is expected to experience substantial growth during the forecast period due to rising demand for eco-friendly and versatile coating solutions.
โข The solvent-borne segment, by technology, dominated the automotive refinish coating market in 2024 owing to its established performance and versatility.
โข In the global market, Asia Pacific held the largest revenue share in 2024 due to rapid urbanization, increasing vehicle ownership, and a booming automotive aftermarket.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, in 2024, Asia Pacific accounted for the largest market share owing to swift urban growth, rising car ownership, and a flourishing automotive aftermarket. The automotive industry in nations like China and India has experienced considerable expansion, as increasing disposable incomes result in more consumers spending on vehicle customization and upkeep.
Also, during the projection period, North America is anticipated to register a substantial CAGR due to the progress in technology and a significant emphasis on quality.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/automotive-refinish-coating-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
Polaris Market Research has segmented the automotive refinish coating market report on the basis of resin, technology, product, vehicle age, and region:
By Resin Outlook (Revenue, USD Billion, 2020-2034)
โข Acrylic
โข Alkyd
โข Polyurethane
โข Others
By Technology Outlook (Revenue, USD Billion, 2020-2034)
โข Solvent-Borne
โข Water-Borne
โข Others
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Automotive Refinish Coating Market: https://www.polarismarketresearch.com/industry-analysis/automotive-refinish-coating-market
Vehicle Armor Materials Market: https://www.polarismarketresearch.com/industry-analysis/vehicle-armor-materials-market
Natural Personal Care Ingredients Market:
https://www.polarismarketresearch.com/industry-analysis/natural-personal-care-ingredients-market
Technical Insulation Market:
https://www.polarismarketresearch.com/industry-analysis/technical-insulation-market
Medical Packaging Films Market: https://www.polarismarketresearch.com/industry-analysis/medical-packaging-films-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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Email: sales@polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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