Global Automotive Paints
Market Report
2025
The global automotive paints market size is USD 6.8 billion in 2024. The automotive paints market will show strongest growth with a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. Rising demand for eco-friendly and sustainable automotive paints, such as waterborne and powder coatings, is driving market growth.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global automotive paints market size is USD 6.8 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Automotive Paints Market Sales Revenue | 121212 | $ 6.8 Billion | 121212 | 121212 | 121212 | 4.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Paint Type |
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Market Split by Electric and Hybrid Vehicle Paint |
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Market Split by Resin Type |
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Market Split by Technology |
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Market Split by Texture Type |
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Market Split by Content Type |
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Market Split by Painting Equipment Type |
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Market Split by Vehicle Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Report scope is customizable as we have a huge database of Automotive Paints industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Paints Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Special coatings used specifically to protect and beautify vehicles. These paints include undercoats, color coats, and clear lacquers, providing wear resistance as well as corrosion protection and colors to meet any need. The car paint market is a byproduct of new car sales, scientific innovation to make coatings more reliable (better for the environment), and an increasing demand for customizing the finish on one's vehicle. As global vehicle production grows and more people demand a higher quality finish for their cars, especially outside of Asia, the outlook for this market looks good. It will be steady growth in other words.
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In June 2023, PPG Industries, Inc. launched a series of lower-temperature curing e-coat products called PPG ENVIRO-PRIME EPIC 200R. The goods are beneficial to the customer's sustainability case, including lower energy usage and lower CO2 emissions in production facilities. PPG ENVIRO-PRIME EPIC electro-coat products cure at temperatures as low as 150°F (302°C). This is significantly lower than the usual curing temperature of 180°F (356°C) or more for conventional e-coats. This lower cure temperature can save 20% on energy. Furthermore, it helps reduce CO2 emissions by 25%.
Top Companies Market Share in Automotive Paints Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The region has a well-developed automotive manufacturing industry whose major players are firmly established and where top-quality coatings are regularly sought after. Stringent environmental regulations are promoting the development of eco-friendly paints, an implementation that helps the market grow. Another factor is North America's zeal for both the beauty and protection of automobiles, and consumers have not hesitated to join forces with this by buying coatings of high quality. Paint technology is moving in the same direction that people want. Low-VOC or water-based formulations are anything close to a sustainable environment and thus, North America maintains its status as a leader in automotive paints.
Asia-Pacific emerged as the region recording the swiftest Compound Annual Growth Rate (CAGR), according to reports on the automotive paints market. This dynamic growth is powered by many factors, not least the growing automotive industry in places like China and India. Rapid urbanization, rising disposable incomes, and a burgeoning middle class are raising demand for automobiles. This not only boosts the automotive paints market; it also encourages investment in this industry. What is more, manufacturers are putting a significant effort into research and development to create innovative, environmentally friendly paint solutions that suit regional tastes.
The current report Scope analyzes Automotive Paints Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Automotive Paints industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top North America countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Automotive Paints industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Europe countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Automotive Paints industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Automotive Paints industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top South America countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Automotive Paints industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Middle East and Africa countries for 2025,
Global Automotive Paints Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Paints Industry growth. Automotive Paints market has been segmented with the help of its Paint Type, Electric and Hybrid Vehicle Paint, and others. Automotive Paints market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Paint Type of Automotive Paints analyzed in this report are as follows:
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Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Automotive Paints Market.
Some of the key of Automotive Paints are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
According to cognitive market research, In the automotive paints market, passenger cars are the dominant force among vehicle types. Based on volume and consumer demand, passenger cars are the largest single category in the market. While the focus of products for passenger cars is quite diverse, catering to a wide range of demographics and lifestyles, they all help drive significant sales of paint for both OEMs and after-market applications. Such an emphasis on aesthetics and personalization in the passenger car segment results in a need for premium coatings and specialty finishes, which helps to explain its leading position in the automotive paints market. This segment's enduring popularity and steady growth mean it is the focus point for paint manufacturers and suppliers who are seeking long-term success in the industry.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Paint Type | Electrocoat, Basecoat, Primer, Clearcoat |
Electric and Hybrid Vehicle Paint | Battery Electric Vehicle, Hybrid Electric Vehicle, Fuel Cell Electric Vehicle |
Resin Type | Polyurethane, Epoxy, Acrylic, Other Resins |
Technology | Solvent Borne, Waterborne, Powder Coating |
Texture Type | Solid Texture, Metallic Texture, Matte Finish Paints, Pearlescent Paints, Solar Reflective Paints |
Content Type | Petroleum-Based Solvent, Resins & Binders, Pigments & Colorants, Silicone Polymers, Other Additives |
Painting Equipment Type | Airless Spray Gun, Electrostatic Spray Gun |
Vehicle Type | Passenger Car, Light Commercial Vehicle, Trucks, Buses |
List of Competitors | PPG Industries LLC. (US), Axalta Coating Systems LLC (US), Akzo Nobel N.V. (Netherlands), BASF SE (Germany), The Sherwin Williams Company (US), Valspar (US), DOW Chemical (US), 3M (US), KCC (South Korea) |
This chapter will help you gain GLOBAL Market Analysis of Automotive Paints. Further deep in this chapter, you will be able to review Global Automotive Paints Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Paints. Further deep in this chapter, you will be able to review North America Automotive Paints Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Paints. Further deep in this chapter, you will be able to review Europe Automotive Paints Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Paints. Further deep in this chapter, you will be able to review Asia Pacific Automotive Paints Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Paints. Further deep in this chapter, you will be able to review South America Automotive Paints Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Automotive Paints. Further deep in this chapter, you will be able to review Middle East and Africa Automotive Paints Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Paints. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Paint Type Analysis 2019 -2031, will provide market size split by Paint Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Paint Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Electric and Hybrid Vehicle Paint Analysis 2021 - 2033
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Chapter 12 Market Split by Resin Type Analysis 2021 - 2033
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Chapter 13 Market Split by Technology Analysis 2021 - 2033
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Chapter 14 Market Split by Texture Type Analysis 2021 - 2033
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Chapter 15 Market Split by Content Type Analysis 2021 - 2033
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Chapter 16 Market Split by Painting Equipment Type Analysis 2021 - 2033
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Chapter 17 Market Split by Vehicle Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Paints market
Chapter 18 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Electrocoat have a significant impact on Automotive Paints market? |
What are the key factors affecting the Electrocoat and Basecoat of Automotive Paints Market? |
What is the CAGR/Growth Rate of during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Paints Market? |
Which region is expected to dominate the global Automotive Paints Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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