[Latest Market Report] Aftermarket Automotive Paints and Coating Market Estimations and Forecast | Uncovering Global Dynamics and Geographical Segmentation, 2023-2030
The global aftermarket automotive paints and coating market is expected to surpass US$ 26.8 billion by 2030, with an annual growth rate of more than 6.4% – RationalStat
Wilmington, Delaware, Sept. 28, 2023 (GLOBE NEWSWIRE) —
Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global aftermarket automotive paints and coating market include,
- In July 2022, AkzoNobel purchased Lankwitzer Lackfabrik’s aluminium wheel liquid coatings business division to add to its current powder coatings product offering.
- In August 2022, In Latin America, Axalta introduced next-generation basecoat technology for the automotive refinish sector.
Some of the prominent players and suppliers operating and contributing significantly to the global aftermarket automotive paints and coating market growth include Akzo Nobel NV, Axalta Coating Systems, BASF SE, Cabot Corp, Clariant AG, Covestro, Donglai Coating Technology, Dupont, Eastman, and Kansai Paint Co. Ltd., among others.
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Market Segmentation: Global Aftermarket Automotive Paints and Coatings Market
RationalStat has segmented the global aftermarket automotive paints and coating market based on paint type, technology type, resin type, texture type, vehicle type, and region
- Global Aftermarket Automotive Paints and Coating Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Paint Type
- Electrocoat
- Primer
- Basecoat
- Clearcoat
- Global Aftermarket Automotive Paints and Coating Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Technology Type
- Solvent Borne
- Waterborne
- Powder Coating
- Global Aftermarket Automotive Paints and Coating Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Resin Type
- Polyurethane
- Epoxy
- Acrylic
- Others
- Global Aftermarket Automotive Paints and Coating Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Texture Type
- Solid
- Metallic
- Matte
- Pearlescent
- Solar Reflective
- Global Aftermarket Automotive Paints and Coating Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Global Aftermarket Automotive Paints and Coating Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Region
- North America Aftermarket Automotive Paints and Coating Market
- US
- Canada
- Latin America Aftermarket Automotive Paints and Coating Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Aftermarket Automotive Paints and Coating Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Aftermarket Automotive Paints and Coating Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Aftermarket Automotive Paints and Coating Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Aftermarket Automotive Paints and Coating Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Aftermarket Automotive Paints and Coating Market
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Key Questions Answered in the Aftermarket Automotive Paints and Coating Report:
- What will be the market value of the global aftermarket automotive paints and coating market by 2030?
- What is the market size of the global aftermarket automotive paints and coating market?
- What are the market drivers of the global aftermarket automotive paints and coating market?
- What are the key trends in the global aftermarket automotive paints and coating market?
- Which is the leading region in the global aftermarket automotive paints and coating market?
- What are the major companies operating in the global aftermarket automotive paints and coating market?
- What are the market shares by key segments in the global aftermarket automotive paints and coating market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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