NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET FORECAST 2019-2027

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NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET FORECAST 2019-2027

North America’s automotive paints and coatings market revenue are forecasted to grow $XX billion in the year 2018 and are expected to grow around $XX billion in the year 2027, at a CAGR of 3.00%. The forecasting years considered for the market research are from 2019 to 2027 and the base year is 2018. North America region is the third-largest market, with xx% of share in the year 2018 in the global automotive paints and coatings market. Technological advancement and innovation in varied industries are majorly developing the demand for the market in the region. Moreover, the automotive market is growing significantly in the region, owing to the developed infrastructure and technology. Therefore, the growing demand for automotive paints and coatings from the automotive industry is uplifting the overall market in the region.

NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET FORECAST 2019-2027

North America Automotive Paints & Coatings Market by End User (Automotive Oem, Automotive Refinish) by Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) by Technology (Solvent-borne, Water-borne, Others) by Video Type (Base Coat, Electro Coat, Clear Coat, Primer) & by Geography.

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North America’s automotive paints and coatings market revenue are forecasted to grow $XX billion in the year 2018 and are expected to grow around $XX billion in the year 2027, at a CAGR of 3.00%. The forecasting years considered for the market research are from 2019 to 2027 and the base year is 2018. North America region is the third-largest market, with xx% of share in the year 2018 in the global automotive paints and coatings market. Technological advancement and innovation in varied industries are majorly developing the demand for the market in the region. Moreover, the automotive market is growing significantly in the region, owing to the developed infrastructure and technology. Therefore, the growing demand for automotive paints and coatings from the automotive industry is uplifting the overall market in the region.

Major countries analyzed in the market are the US and Canada. The strict laws and regulations for VOC and CO2 emissions and a decrease in the consumption volume of automotive value for paints and coatings act as restraints for the automotive paints and coatings market. On the other hand, the growing adoption of nano paints, increasing demand for customized paints, and trendy paints and coats are widening the scope for the automotive P&C market in the coming years.

The prominent giants of the automotive paints and coatings market are Nippon Paint Holdings Ltd., Dowdupont Inc., RPM International, AkzoNobel, Valspar Corporation, Fortech Products Inc., Basf Se, PPG Industries, Inc., Coventry, KCC Corporation, Solvay Group, and others.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • GROWING DEMAND FROM AUTOMOTIVE INDUSTRY
      • SHIFTING FOCUS TOWARDS UV-CURABLE & NANOCOATINGS
  1. MARKET DYNAMICS
    • MARKET DEFINITION
    • MARKET DRIVERS
      • GROWING DEMAND OF COATINGS SPECIFICALLY FOR FUEL-EFFICIENT AUTOMOTIVE
      • BOOMING AUTOMOBILE INDUSTRY IN ASIA-PACIFIC REGION
      • RISING DEMAND FOR ECO-FRIENDLY PAINTS & COATINGS
    • MARKET RESTRAINTS
      • STRINGENT REGULATIONS FOR VOC & CO2 EMISSIONS
      • REDUCTION IN THE CONSUMPTION VOLUME OF AUTOMOTIVE PAINTS & COATINGS
    • MARKET OPPORTUNITIES
      • RISE IN DEMAND FOR CUSTOM-MADE & INNOVATIVE AUTOMOTIVE PAINTS & COATINGS
    • MARKET CHALLENGES
      • COSTS ASSOCIATED WITH AUTOMOTIVE PAINTS & COATINGS
      • ENVIRONMENTAL & RECYCLING ISSUES
  1. MARKET BY END-USER
    • AUTOMOTIVE OEM
    • AUTOMOTIVE REFINISH
  2. BY VEHICLE TYPE
    • PASSENGER CARS
    • LIGHT COMMERCIAL VEHICLES
    • HEAVY COMMERCIAL VEHICLES
  3. MARKET BY TECHNOLOGY
    • SOLVENT-BORNE
    • WATER-BORNE
    • OTHERS
  4. MARKET BY COAT TYPE
    • BASE COAT
    • ELECTRO COAT
    • CLEAR COAT
    • PRIMER
  5. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
      • VENDORS/SUPPLIERS/PRODUCT OR SERVICE PROVIDERS
      • END-USERS
  1. GEOGRAPHICAL ANALYSIS – NORTH AMERICA
    • UNITED STATES
    • CANADA
  2. COMPANY PROFILES
    • AXALTA COATING SYSTEMS
    • AKZONOBEL
    • BASF SE
    • COVESTRO
    • DOWDUPONT INC.
    • FORTECH PRODUCTS INC.
    • KANSAI PAINT CO. LTD.
    • KCC CORPORATION
    • NIPPON PAINT HOLDINGS LTD
    • PPG INDUSTRIES, INC.
    • RPM INTERNATIONAL
    • SOLVAY GROUP
    • THE SHERWIN WILLIAMS COMPANY
    • VALSPAR CORPORATION

TABLE LIST

TABLE 1: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 2: AUTOMOBILE PRODUCTION IN ASIA PACIFIC, 2017 (IN MILLION UNITS)

TABLE 3: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY END-USER 2019-2027 (IN $ BILLION)

TABLE 4: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY TECHNOLOGY 2019-2027 (IN $ BILLION)

TABLE 5: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY VEHICLE TYPE, 2019-2027 (IN $ BILLION)

TABLE 6: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY COAT TYPE 2019-2027 (IN $ BILLION)

TABLE 7: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

 

FIGURE LIST

FIGURE 1: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY VEHICLE TYPE, 2019-2027 (IN $BILLIONS)

FIGURE 2: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY AUTOMOTIVE OEM, 2019-2027 (IN $BILLIONS)

FIGURE 3: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY AUTOMOTIVE REFINISH, 2019-2027 (IN $BILLIONS)

FIGURE 4: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY WATERBORNE, 2019-2027 (IN $BILLIONS)

FIGURE 5: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY SOLVENT-BORNE, 2019-2027 (IN $BILLIONS)

FIGURE 6: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY OTHER TYPE, 2019-2027 (IN $BILLIONS)

FIGURE 7: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY PASSENGER CARS, 2019-2027 (IN $BILLIONS)

FIGURE 8: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY LIGHT COMMERCIAL VEHICLE, 2019-2027 (IN $BILLIONS)

FIGURE 9: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY HEAVY COMMERCIAL VEHICLE, 2019-2027 (IN $BILLIONS)

FIGURE 10: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY BASE COAT, 2019-2027 (IN $BILLIONS)

FIGURE 11: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY CLEAR COAT, 2019-2027 (IN $BILLIONS)

FIGURE 12: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY ELECTRO COAT, 2019-2027 (IN $BILLIONS)

FIGURE 13: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, BY PRIMER, 2019-2027 (IN $BILLIONS)

FIGURE 14: NORTH AMERICA AUTOMOTIVE PAINTS & COATINGS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 15: UNITED STATES AUTOMOTIVE PAINTS & COATINGS MARKET, 2019-2027 (IN $ BILLION)

FIGURE 16: AUTOMOTIVE PRODUCTION IN UNITED STATES, 2015-2025

FIGURE 17: CANADA AUTOMOTIVE PAINTS & COATINGS MARKET, 2019-2027 (IN $ BILLION)

FIGURE 18: AUTOMOTIVE PRODUCTION IN CANADA, 2015-2025

  1. GEOGRAPHICAL ANALYSIS – NORTH AMERICA
    • UNITED STATES
    • CANADA
  2. MARKET BY END-USER
    • AUTOMOTIVE OEM
    • AUTOMOTIVE REFINISH
  3. BY VEHICLE TYPE
    • PASSENGER CARS
    • LIGHT COMMERCIAL VEHICLES
    • HEAVY COMMERCIAL VEHICLES
  4. MARKET BY TECHNOLOGY
    • SOLVENT-BORNE
    • WATER-BORNE
    • OTHERS
  5. MARKET BY COAT TYPE
    • BASE COAT
    • ELECTRO COAT
    • CLEAR COAT
    • PRIMER

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