NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028

 

 

TABLE OF CONTENTS

 

1. NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON AUTOMOTIVE PAINTS AND COATINGS MARKET

2.2. KEY INSIGHTS

2.2.1. INTRODUCTION OF NEW COLORS FOR CAR EXTERIORS

2.2.2. NEW RESIN AND ADDITIVE TECHNOLOGIES DEVELOPMENT METHODS

2.2.3. SHIFTING PREFERENCES IN CAR COLORS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. MERGERS & ACQUISITIONS

2.6.2. CONTRACTS & AGREEMENTS

2.6.3. EXPANSIONS

2.7. MARKET DRIVERS

2.7.1. TECHNOLOGICAL INNOVATIONS IN METALLIC PIGMENTS

2.7.2. GROWING DEMAND FOR SANITARY CAR INTERIORS

2.7.3. STRONG GOVERNMENT ASSISTANCE

2.7.4. INCREASED DEMAND FOR PASSENGER VEHICLES

2.8. MARKET CHALLENGES

2.8.1. ELEVATED COATINGS COSTS AND RAW MATERIAL SHORTFALLS

2.8.2. REGULATIONS AND FORMULATOR REGISTRATION REQUIREMENTS

2.9. MARKET OPPORTUNITIES

2.9.1. NEW DEVELOPMENTS IN COATINGS

2.9.2. SPECIALLY DESIGNED COATINGS FOR ELECTRIC VEHICLES

3. NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET OUTLOOK - BY PRODUCT TYPE

3.1. SOLVENT-BORNE

3.2. WATERBORNE

3.3. OTHER COATINGS (POWDER COATINGS, ETC)

4. NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET OUTLOOK - BY COAT TYPE

4.1. BASE COAT

4.2. ELECTRO COAT

4.3. CLEAR COAT

4.4. PRIMER

5. NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET OUTLOOK - BY VEHICLE TYPE

5.1. PASSENGER VEHICLES

5.2. LIGHT COMMERCIAL VEHICLES

5.3. HEAVY COMMERCIAL VEHICLES

6. NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET OUTLOOK - BY END-USERS

6.1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)

6.2. AUTOMOTIVE REFINISH

7. NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET – REGIONAL OUTLOOK

7.1. UNITED STATES

7.2. CANADA

8. COMPETITIVE LANDSCAPE

8.1. AKZO NOBEL NV

8.2. AXALTA COATING SYSTEMS

8.3. BASF SE

8.4. BERGER PAINTS LTD

8.5. CONCEPT PAINTS

8.6. HMG PAINTS LTD

8.7. KANSAI PAINT CO LTD

8.8. KAPCI COATINGS

8.9. KCC CORPORATION

8.10. NATIONAL PAINTS FACTORIES CO LTD

8.11. PPG INDUSTRIES INC

8.12. RED SPOT PAINT

8.13. RPM INTERNATIONAL INC

8.14. SHERWIN WILLIAMS

8.15. VALSPAR CORPORATION

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

 

 

TABLE LIST

TABLE 1: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: NEW PASSENGER CAR REGISTRATIONS IN TOP COUNTRIES IN 2020

TABLE 4: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 5: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY COAT TYPE, 2022-2028 (IN $ MILLION)

TABLE 6: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 7: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY END-USERS, 2022-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 9: PRODUCTION AND SALES OF AUTOMOBILES IN THE UNITED STATES (2016-2020)

TABLE 10: PRODUCTION AND SALES OF AUTOMOBILES IN CANADA (2016-2020)

 

 

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY PRODUCT TYPE, 2021 & 2028 (IN %)

FIGURE 3: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY SOLVENT-BORNE, 2022-2028 (IN $ MILLION)

FIGURE 4: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY WATERBORNE, 2022-2028 (IN $ MILLION)

FIGURE 5: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY OTHER COATINGS (POWDER COATINGS, ETC), 2022-2028 (IN $ MILLION)

FIGURE 6: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY COAT TYPE, 2021 & 2028 (IN %)

FIGURE 7: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY BASE COAT, 2022-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY ELECTRO COAT, 2022-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY CLEAR COAT, 2022-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY PRIMER, 2022-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY VEHICLE TYPE, 2021 & 2028 (IN %)

FIGURE 12: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY PASSENGER VEHICLES, 2022-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY LIGHT COMMERCIAL VEHICLES, 2022-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY HEAVY COMMERCIAL VEHICLES, 2022-2028 (IN $ MILLION)

FIGURE 15: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY END-USERS, 2021 & 2028 (IN %)

FIGURE 16: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY ORIGINAL EQUIPMENT MANUFACTURERS (OEM), 2022-2028 (IN $ MILLION)

FIGURE 17: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY AUTOMOTIVE REFINISH, 2022-2028 (IN $ MILLION)

FIGURE 18: NORTH AMERICA AUTOMOTIVE PAINTS AND COATINGS MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 19: UNITED STATES AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028 (IN $ MILLION)

FIGURE 20: CANADA AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028 (IN $ MILLION)

 

 

MARKET OUTLOOK

According to Triton Market Research, the automotive paints and coatings market in North America is estimated to gain a CAGR of 6.40% in revenue over the forecasting years from 2022 to 2028. The United States and Canada form the market in the studied region.

The United States is leading the automobile sector, owing to the open investment policy, vast consumer market, skilled labor, and government incentives. Over the years, foreign direct investment in the automotive industry has surged significantly. Besides, the government is largely supporting the automotive industry through policies and incentives, which has increased the adoption of vehicles. Thus, the growing automotive industry is anticipated to create numerous opportunities for the automotive paints and coatings market over the upcoming years.

Similarly, Canada is among the major vehicle-producing countries. The country has witnessed significant demand for light vehicles, increasing production operations. Further, the presence of prominent OEMs like Ford, Honda, and Toyota has supported the growth of the automotive sector. Canadian manufacturers also build vehicles for large public transit systems, including rail networks. Hence, the emerging automotive industry boosts the growth of the automotive paints and coatings market within Canada.

 

Get more insights into the North America Automotive Paints and Coatings Market:

 

https://www.tritonmarketresearch.com/reports/north-america-automotive-paints-and-coatings-market

 

 

COMPETITIVE OUTLOOK

The notable companies in the automotive paints and coatings market include National Paints Factories Co Ltd, Sherwin Williams, Valspar Corporation, KCC Corporation, and BASF SE.

 

 

SEGMENTATION

1.     AKZO NOBEL NV

2.     AXALTA COATING SYSTEMS

3.     BASF SE

4.     BERGER PAINTS LTD

5.     CONCEPT PAINTS

6.     HMG PAINTS LTD

7.     KANSAI PAINT CO LTD

8.     KAPCI COATINGS

9.     KCC CORPORATION

10. NATIONAL PAINTS FACTORIES CO LTD

11. PPG INDUSTRIES INC

12. RED SPOT PAINT

13. RPM INTERNATIONAL INC

14. SHERWIN WILLIAMS

15. VALSPAR CORPORATION