PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625404
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625404
The automotive coatings market size is expected to reach USD 40.43 billion by 2034, according to a new study by Polaris Market Research. The report "Automotive Coating Market Size, Share, Trends, Industry Analysis Report: By Product (Primer, E-coat, Basecoat, and Clearcoat), Technology, Application, End-Use, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The automotive coating market plays a pivotal role in the automotive industry, encompassing a wide range of products designed to protect vehicles while enhancing their aesthetic appeal. These coatings serve several essential functions, including protecting against corrosion, UV radiation, scratches, and chemical exposure. The market has experienced significant growth with the increasing demand for vehicles globally, technological advancements, evolving consumer preferences, and stringent environmental regulations.
One of the major trends expected to significantly influence the automotive coating market is the growing emphasis on sustainability and environmental responsibility. The automotive industry is under pressure to reduce its carbon footprint, leading to the development of eco-friendly coating solutions. Waterborne coatings are gaining popularity due to their lower volatile organic compound (VOC) emissions compared to traditional solvent-based products. Furthermore, the adoption of powder coatings is also on the rise, as they offer excellent durability and are more environmentally friendly, making them an attractive option for OEM applications.
Technological innovation is another key factor driving the growth of the automotive coating market. Advances in formulation chemistry have led to the development of coatings that provide enhanced durability, flexibility, and resistance to environmental factors. High-performance coatings, particularly those incorporating nanotechnology, are gaining traction for their superior protective qualities. These coatings create a barrier that is not only resistant to scratches and chemicals but also self-healing, thereby extending the lifespan of the vehicle's exterior. Additionally, innovations in application techniques, such as electrostatic spray and robotic painting systems, have improved the efficiency and quality of coatings, reducing waste and enhancing productivity in manufacturing processes.
By application analysis, the plastic segment in the automotive coatings market is expected to experience substantial growth during the forecast period due to rising demand for lightweight vehicles.
By application outlook, the metal segment dominated the automotive coating market in 2024 owing to its widespread use in vehicle manufacturing.
In the global market, the Asia Pacific automotive coatings market had the highest revenue share in 2024 due to the increasing consumer demand for vehicles and a strong manufacturing base.
The global key market players are The Sherwin-Williams Company; PPG Industries, Inc.; 3M; KCC CORPORATION; FUJIKURA KASEI CO., LTD.; Axalta Coating Systems; Akzo Nobel N.V.; NIPSEA Group; RPM International Inc.; BASF SE; and Kansai Paint Co., Ltd.
Polaris Market Research has segmented the automotive coating market report based on product, technology, application, end use, and region:
By Product Outlook (Volume, Kilotons: Revenue - USD Billion, 2020-2034)
Primer
E-coat
Basecoat
Clearcoat
By Technology Outlook (Volume, Kilotons: Revenue - USD Billion, 2020-2034)
Waterborne Coatings
Solventborne Coatings
Powder Coating
UV-Cured Coatings
By Application Outlook (Volume, Kilotons: Revenue - USD Billion, 2020-2034)
Metal
Plastic
By End Use Outlook (Volume, Kilotons: Revenue, USD Billion, 2020-2034)
Light Vehicle OEM
Commercial OEM
Automotive Refinish
By Regional Outlook (Volume, Kilotons: Revenue - USD billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of the Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table 1 Global Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 2 Global Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 3 Global Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 4 Global Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 5 North America: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 6 North America: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 7 North America: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 8 North America: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 9 U.S.: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 10 U.S.: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 11 U.S.: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 12 U.S.: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 13 Canada: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 14 Canada: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 15 Canada: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 16 Canada: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 17 Europe: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 18 Europe: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 19 Europe: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 20 Europe: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 21 UK: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 22 UK: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 23 UK: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 24 UK: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 25 France: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 26 France: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 27 France: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 28 France: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 29 Germany: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 30 Germany: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 31 Germany: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 32 Germany: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 33 Italy: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 34 Italy: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 35 Italy: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 36 Italy: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 37 Spain: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 38 Spain: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 39 Spain: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 40 Spain: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 41 Netherlands: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 42 Netherlands: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 43 Netherlands: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 44 Netherlands: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 45 Russia: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 46 Russia: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 47 Russia: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 48 Russia: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 49 Rest of Europe: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 50 Rest of Europe: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 51 Rest of Europe: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 52 Rest of Europe: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 53 Asia Pacific: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 54 Asia Pacific: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 55 Asia Pacific: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 56 Asia Pacific: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 57 China: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 58 China: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 59 China: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 60 China: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 61 India: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 62 India: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 63 India: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 64 India: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 65 Malaysia: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 66 Malaysia: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 67 Malaysia: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 68 Malaysia: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 69 Japan: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 70 Japan: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 71 Japan: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 72 Japan: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 73 Indonesia: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 74 Indonesia: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 75 Indonesia: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 76 Indonesia: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 77 South Korea: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 78 South Korea: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 79 South Korea: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 80 South Korea: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 81 Australia: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 82 Australia: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 83 Australia: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 84 Australia: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 85 Rest of Asia Pacific: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 86 Rest of Asia Pacific: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 87 Rest of Asia Pacific: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 88 Rest of Asia Pacific: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 89 Middle East & Africa: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 90 Middle East & Africa: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 91 Middle East & Africa: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 92 Middle East & Africa: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 93 Saudi Arabia: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 94 Saudi Arabia: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 95 Saudi Arabia: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 96 Saudi Arabia: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 97 UAE: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 98 UAE: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 99 UAE: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 100 UAE: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 101 Israel: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 102 Israel: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 103 Israel: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 104 Israel: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 105 South Africa: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 106 South Africa: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 107 South Africa: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 108 South Africa: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 109 Rest of Middle East & Africa: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 110 Rest of Middle East & Africa: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 111 Rest of Middle East & Africa: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 112 Rest of Middle East & Africa: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 113 Latin America: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 114 Latin America: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 115 Latin America: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 116 Latin America: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 117 Mexico: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 118 Mexico: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 119 Mexico: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 120 Mexico: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 121 Brazil: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 122 Brazil: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 123 Brazil: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 124 Brazil: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 125 Argentina: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 126 Argentina: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 127 Argentina: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 128 Argentina: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 129 Rest of Latin America: Automotive Coating Market, by Product, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 130 Rest of Latin America: Automotive Coating Market, by Technology, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 131 Rest of Latin America: Automotive Coating Market, by Application, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Table 132 Rest of Latin America: Automotive Coating Market, by End Use, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
List of Figures:
Figure 1. Global Automotive Coating Market, 2020-2034 (Volume, Kilotons: Revenue, USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Price
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Product
Figure 7. Global Automotive Coating Market, by Product, 2024 & 2034 (Volume, Kilotons: Revenue, USD Billion)
Figure 8. Market by Technology
Figure 9. Global Automotive Coating Market, by Technology, 2024 & 2034 (Volume, Kilotons: Revenue, USD Billion)
Figure 10. Market by Application
Figure 11. Global Automotive Coating Market, by Application, 2024 & 2034 (Volume, Kilotons: Revenue, USD Billion)
Figure 12. Market by End Use
Figure 13. Global Automotive Coating Market, by End Use, 2024 & 2034 (Volume, Kilotons: Revenue, USD Billion)