Global Automotive Paints & Coatings market
                     GLOBAL  AUTOMOTIVE PAINTS & 
COATINGS MARKET
FORECAST 2019-2027
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GLOBAL  AUTOMOTIVE MARKET 
PAINTS & COATINGS OVERVIEW
MARKET FORECAST • The automotive paints and coatings market is segmented on the basis of technology, coat type, 
vehicle type and geography.
2019-2027 • On the basis of coat type, the automotive paints 
and coatings market is segmented into base 
coat, electro-coat, clear coat and primer.
• The automotive paints and coatings market by 
vehicle type is further segmented into passenger 
cars, light commercial vehicles and heavy 
commercial vehicles.
• The varied technology equipped in the market 
are solvent-borne, water-borne and others.
• The increasing demand for eco-friendly paints 
and coatings from the automotive industry and 
the booming automobile industry are major 
driving factors for the growth of the automotive 
paints and coatings market.
• On the contrary, stringent regulations and 
policies by the government, environmental 
issues like VOC and CO2 emissions aTreR EY 
restraining the growth of the market. 2
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•KTheE gloYbal  automotive paints and coatings market is projected to grow from $XX billion 
in 2018 to $XX billion by 2027, growing at a 
FCAIGNR of D3.58%I Nduring the forecast period.• The base year considGeredS for the market 
study is 2018 and the forecasting years are 
from 2019 to 2027.
• The risen eco-friendly paints and coating 
requirement in the various industries is the 
prime factor responsible for the growth of 
the market across the globe.
• Furthermore, these automotive paints and 
coatings are not only used to enhance the INTRODUCTI
appearance or for the purpose of 
beautification of vehicles, but also used as a 
preventive measure or protection layer for ON
vehicles. Global Automotive Paints & Coatings 
• These benefits are also responsible for the Market by End Use, by Vehicle Type, 
increasing demand of the market during the by Technology, by Video Type & by 
forecast period. Geography.
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NORTH AMERICA AUTOMOTIVE PAINTS & 
COATINGS MARKET
• North America's automotive paints and 
coatings market revenue are expected 
to reach $xx billion in the year 2018 and 
are anticipated to touch $xx billion in 
the year 2027, at the CAGR of 3.00%.
• The forecast period is from 2019 to 
2027 and the base year deliberated for 
the market study is 2018.
• The automotive industry is flourishing 
rapidly in the North America region, and 
the industry is witnessing increased 
demand for eco-friendly paints and 
coatings, which is propelling the growth 
of the automotive paints and coating in 
the region.
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EUROPE AUTOMOTIVE PAINTS & COATINGS MARKET
• Europe’s automotive paints and 
coatings market revenue are expected 
to grow $XX billion in the year 2019 and 
are anticipated to touch $XX billion in 
the year 2027, at a CAGR of 3.06%.
• The forecast period for the market is 
from 2019 to 2027 and the base year 
deliberated for the market study is 
2018.
• The flourishing automobile industry and 
growing demand for eco-friendly paints 
and coatings from the automotive 
industry are the key drivers of 
automotive paints and coatings market 
in the Asia Pacific region.
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ASIA PACIFIC AUTOMOTIVE PAINTS & COATINGS 
MARKET • Asia Pacific’s automotive paints and 
coatings market revenue are expected to 
reach $xx billion in the year 2019 and are 
expected to touch $XX billion in the year 
2027, at a CAGR of 4.18%.
• The forecast period for the market is from 
2019 to 2027 and the base year 
deliberated for the market study is 2018.
• The flourishing automobile industry and 
growing demand for eco-friendly paints 
and coatings from the automotive industry 
are the key drivers of automotive paints 
and coatings market in the Asia Pacific 
region. .
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COMPETITIVE 
INSIGHTS
On the basis of geography, the 
automotive paints and coatings market is 
segmented into Europe, Asia-Pacific, North 
America and Rest of the world. Asia Pacific 
automotive paints and coatings market 
holds the largest market share in the 
global automotive paints and coatings. 
Europe is projected to be the second 
largest market for automotive paints and 
coatings due to the fastest market growth 
during the forecast period. North America 
is estimated to grow throughout the 
forecast period.
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