Automotive Paints & Coatings Market: Acrylic Segment Is Expected to Showcase Significant Growth Rate Over 20-2026

In terms of raw material, the overall automotive paints & coatings market is segmented into acrylic, epoxy, polyurethane, and other resins. Among these, acrylic segment will witness steady growth as these are inexpensive and offer superior durability. These raw materials last longer in comparison to other raw materials and usually form a hard type shell when they dry out.

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Based on texture, the automotive paints & coatings market is classified into matte, metallic, and solid. Among these, solid texture segment will witness around 4.5% CAGR over the forthcoming time period since these offers superior coverage.

The automotive paints & coatings market is projected to expand exponentially over the coming years owing to rapid urbanization, rising income level, growing demand for acrylic raw materials, and high demand for primer to impart corrosion resistance to vehicle structure.

Innovative as well as more sustainable solutions help manufacturers of paints & coatings to advance their formulations. Automotive paints & coatings and the essential processes used to apply coat on automobile surfaces represent the avant-garde of technologies that can produce durable surfaces, exceeding the expectation of customers of maximizing efficiency, appearance, as well as meeting environmental guidelines.

Based on coating, the automotive paints & coatings market is categorized into electrocoat, clearcoat, basecoat, and primer. Among these, primer coating segment will witness around 4.5% CAGR through the forecast time period owing to its demand to impart corrosion resistance to vehicle structure.

On the geographical front, the LATAM region will exhibit nearly 4.5% CAGR over the forecast time period. Rising income level along with rapid urbanization will drive the automotive industry thereby propelling the overall market share.

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Some Point from Table of Contents:

Chapter 4   Automotive Paints & Coatings Market, By Vehicle

4.1    Global automotive paints & coatings industry share by vehicle, 2019 & 2026

4.2    Light Commercial Vehicles

4.2.1    Global market estimates and forecasts, 2016 – 2026

4.2.2    Market estimates and forecast, by region, 2016 – 2026

4.2.3    Light commercial vehicles automotive paints & coatings market share by coating type, 2019 & 2026

4.2.3.1    Primer

4.2.3.1.1    Global market estimates and forecasts, 2016 – 2026

4.2.3.1.2    Market estimates and forecast, by region, 2016 – 2026

4.2.3.2    Basecoat

4.2.3.2.1    Global market estimates and forecasts, 2016 – 2026

4.2.3.2.2    Market estimates and forecast, by region, 2016 – 2026

4.2.3.3    Clearcoat

4.2.3.3.1    Global market estimates and forecasts, 2016 – 2026

4.2.3.3.2    Market estimates and forecast, by region, 2016 – 2026

4.2.3.4    Electrocoat

4.2.3.4.1    Global market estimates and forecasts, 2016 – 2026

4.2.3.4.2    Market estimates and forecast, by region, 2016 – 2026

4.2.4    Light commercial vehicle automotive paints & coatings market share by technology, 2019 & 2026

4.2.4.1    Waterborne

4.2.4.1.1    Global market estimates and forecasts, 2016 – 2026

4.2.4.1.2    Market estimates and forecast, by region, 2016 – 2026

4.2.4.2    Solvent borne

4.2.4.2.1    Global market estimates and forecasts, 2016 – 2026

4.2.4.2.2    Market estimates and forecast, by region, 2016 – 2026

4.2.4.3    Powder

4.2.4.3.1    Global market estimates and forecasts, 2016 – 2026

4.2.4.3.2    Market estimates and forecast, by region, 2016 – 2026

4.2.4.4    UV Cured

4.2.4.4.1    Global market estimates and forecasts, 2016 – 2026

4.2.4.4.2    Market estimates and forecast, by region, 2016 – 2026

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