Automotive Paints and Coatings Market Size, Share, and Trends 2024 to 2034

The global automotive paints and coatings market size is calculated at USD 21.45 billion in 2025 and is forecasted to reach around USD 41.13 billion by 2034, accelerating at a CAGR of 7.48% from 2025 to 2034. The North America automotive paints and coatings market size surpassed USD 9.80 billion in 2024 and is expanding at a CAGR of 7.58% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2024
  • Report Code : 1023
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Automotive Paints & Coatings Market, By Vehicle Type

7.1. Automotive Paints & Coatings Market, by Vehicle Type, 2025-2034

7.1.1. Passenger Cars

7.1.1.1. Market Revenue and Forecast (2022-2034)

7.1.2. Heavy Commercial Vehicles

7.1.2.1. Market Revenue and Forecast (2022-2034)

7.1.3. Light Commercial Vehicles

7.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 8. Global Automotive Paints & Coatings Market, By Coating Type

8.1. Automotive Paints & Coatings Market, by Coating Type, 2025-2034

8.1.1. Basecoat

8.1.1.1. Market Revenue and Forecast (2022-2034)

8.1.2. Primer

8.1.2.1. Market Revenue and Forecast (2022-2034)

8.1.3. Electrocoat

8.1.3.1. Market Revenue and Forecast (2022-2034)

8.1.4. Clearcoat

8.1.4.1. Market Revenue and Forecast (2022-2034)

Chapter 9. Global Automotive Paints & Coatings Market, By Technology Type

9.1. Automotive Paints & Coatings Market, by Technology Type, 2025-2034

9.1.1. Solvent borne

9.1.1.1. Market Revenue and Forecast (2022-2034)

9.1.2. Waterborne

9.1.2.1. Market Revenue and Forecast (2022-2034)

9.1.3. UV Curved

9.1.3.1. Market Revenue and Forecast (2022-2034)

9.1.4. Powder

9.1.4.1. Market Revenue and Forecast (2022-2034)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2022-2034)

Chapter 10. Global Automotive Paints & Coatings Market, By Texture Type

10.1. Automotive Paints & Coatings Market, by Texture Type, 2025-2034

10.1.1. Metallic

10.1.1.1. Market Revenue and Forecast (2022-2034)

10.1.2. Solid

10.1.2.1. Market Revenue and Forecast (2022-2034)

10.1.3. Matte

10.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 11. Global Automotive Paints & Coatings Market, By Distribution Channel

11.1. Automotive Paints & Coatings Market, by Distribution Channel, 2025-2034

11.1.1. Aftermarket

11.1.1.1. Market Revenue and Forecast (2022-2034)

11.1.2. OEM

11.1.2.1. Market Revenue and Forecast (2022-2034)

Chapter 12. Global Automotive Paints & Coatings Market, By Raw Material

12.1. Automotive Paints & Coatings Market, by Coating Type, 2025-2034

12.1.1. Epoxy

12.1.1.1. Market Revenue and Forecast (2022-2034)

12.1.2. Acrylic

12.1.2.1. Market Revenue and Forecast (2022-2034)

12.1.3. Polyurethane

12.1.3.1. Market Revenue and Forecast (2022-2034)

12.1.4. Other Resins

12.1.4.1. Market Revenue and Forecast (2022-2034)

Chapter 13. Global Automotive Paints & Coatings Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.1.2. Market Revenue and Forecast, by Coating (2022-2034)

13.1.3. Market Revenue and Forecast, by Technology (2022-2034)

13.1.4. Market Revenue and Forecast, by Texture (2022-2034)

13.1.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.1.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.1.7. U.S.

13.1.7.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.1.7.2. Market Revenue and Forecast, by Coating (2022-2034)

13.1.7.3. Market Revenue and Forecast, by Technology (2022-2034)

13.1.7.4. Market Revenue and Forecast, by Texture (2022-2034)

13.1.8. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.1.8.1. Market Revenue and Forecast, by Raw Material (2022-2034)

13.1.9. Rest of North America

13.1.9.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.1.9.2. Market Revenue and Forecast, by Coating (2022-2034)

13.1.9.3. Market Revenue and Forecast, by Technology (2022-2034)

13.1.9.4. Market Revenue and Forecast, by Texture (2022-2034)

13.1.10. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.1.11. Market Revenue and Forecast, by Raw Material (2022-2034)

13.1.11.1.

13.2. Europe

13.2.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.2.2. Market Revenue and Forecast, by Coating (2022-2034)

13.2.3. Market Revenue and Forecast, by Technology (2022-2034)

13.2.4. Market Revenue and Forecast, by Texture (2022-2034)

13.2.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.2.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.2.7.

13.2.8. UK

13.2.8.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.2.8.2. Market Revenue and Forecast, by Coating (2022-2034)

13.2.8.3. Market Revenue and Forecast, by Technology (2022-2034)

13.2.9. Market Revenue and Forecast, by Texture (2022-2034)

13.2.10. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.2.10.1. Market Revenue and Forecast, by Raw Material (2022-2034)

13.2.11. Germany

13.2.11.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.2.11.2. Market Revenue and Forecast, by Coating (2022-2034)

13.2.11.3. Market Revenue and Forecast, by Technology (2022-2034)

13.2.12. Market Revenue and Forecast, by Texture (2022-2034)

13.2.13. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.2.14. Market Revenue and Forecast, by Raw Material (2022-2034)

13.2.14.1.

13.2.15. France

13.2.15.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.2.15.2. Market Revenue and Forecast, by Coating (2022-2034)

13.2.15.3. Market Revenue and Forecast, by Technology (2022-2034)

13.2.15.4. Market Revenue and Forecast, by Texture (2022-2034)

13.2.16. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.2.16.1. Market Revenue and Forecast, by Raw Material (2022-2034)

13.2.17. Rest of Europe

13.2.17.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.2.17.2. Market Revenue and Forecast, by Coating (2022-2034)

13.2.17.3. Market Revenue and Forecast, by Technology (2022-2034)

13.2.17.4. Market Revenue and Forecast, by Texture (2022-2034)

13.2.18. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.2.18.1. Market Revenue and Forecast, by Raw Material (2022-2034)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.3.2. Market Revenue and Forecast, by Coating (2022-2034)

13.3.3. Market Revenue and Forecast, by Technology (2022-2034)

13.3.4. Market Revenue and Forecast, by Texture (2022-2034)

13.3.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.3.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.3.7. India

13.3.7.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.3.7.2. Market Revenue and Forecast, by Coating (2022-2034)

13.3.7.3. Market Revenue and Forecast, by Technology (2022-2034)

13.3.7.4. Market Revenue and Forecast, by Texture (2022-2034)

13.3.8. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.3.9. Market Revenue and Forecast, by Raw Material (2022-2034)

13.3.10. China

13.3.10.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.3.10.2. Market Revenue and Forecast, by Coating (2022-2034)

13.3.10.3. Market Revenue and Forecast, by Technology (2022-2034)

13.3.10.4. Market Revenue and Forecast, by Texture (2022-2034)

13.3.11. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.3.11.1. Market Revenue and Forecast, by Raw Material (2022-2034)

13.3.12. Japan

13.3.12.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.3.12.2. Market Revenue and Forecast, by Coating (2022-2034)

13.3.12.3. Market Revenue and Forecast, by Technology (2022-2034)

13.3.12.4. Market Revenue and Forecast, by Texture (2022-2034)

13.3.12.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.3.12.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.3.13. Rest of APAC

13.3.13.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.3.13.2. Market Revenue and Forecast, by Coating (2022-2034)

13.3.13.3. Market Revenue and Forecast, by Technology (2022-2034)

13.3.13.4. Market Revenue and Forecast, by Texture (2022-2034)

13.3.13.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.3.13.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.4.2. Market Revenue and Forecast, by Coating (2022-2034)

13.4.3. Market Revenue and Forecast, by Technology (2022-2034)

13.4.4. Market Revenue and Forecast, by Texture (2022-2034)

13.4.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.4.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.4.7. GCC

13.4.7.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.4.7.2. Market Revenue and Forecast, by Coating (2022-2034)

13.4.7.3. Market Revenue and Forecast, by Technology (2022-2034)

13.4.7.4. Market Revenue and Forecast, by Texture (2022-2034)

13.4.8. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.4.9. Market Revenue and Forecast, by Raw Material (2022-2034)

13.4.10. North Africa

13.4.10.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.4.10.2. Market Revenue and Forecast, by Coating (2022-2034)

13.4.10.3. Market Revenue and Forecast, by Technology (2022-2034)

13.4.10.4. Market Revenue and Forecast, by Texture (2022-2034)

13.4.11. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.4.12. Market Revenue and Forecast, by Raw Material (2022-2034)

13.4.13. South Africa

13.4.13.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.4.13.2. Market Revenue and Forecast, by Coating (2022-2034)

13.4.13.3. Market Revenue and Forecast, by Technology (2022-2034)

13.4.13.4. Market Revenue and Forecast, by Texture (2022-2034)

13.4.13.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.4.13.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.4.14. Rest of MEA

13.4.14.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.4.14.2. Market Revenue and Forecast, by Coating (2022-2034)

13.4.14.3. Market Revenue and Forecast, by Technology (2022-2034)

13.4.14.4. Market Revenue and Forecast, by Texture (2022-2034)

13.4.14.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.4.14.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.5.2. Market Revenue and Forecast, by Coating (2022-2034)

13.5.3. Market Revenue and Forecast, by Technology (2022-2034)

13.5.4. Market Revenue and Forecast, by Texture (2022-2034)

13.5.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.5.6. Market Revenue and Forecast, by Raw Material (2022-2034)

13.5.7. Brazil

13.5.7.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.5.7.2. Market Revenue and Forecast, by Coating (2022-2034)

13.5.7.3. Market Revenue and Forecast, by Technology (2022-2034)

13.5.7.4. Market Revenue and Forecast, by Texture (2022-2034)

13.5.8. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.5.8.1. Market Revenue and Forecast, by Raw Material (2022-2034)

13.5.9. Rest of LATAM

13.5.9.1. Market Revenue and Forecast, by Vehicle (2022-2034)

13.5.9.2. Market Revenue and Forecast, by Coating (2022-2034)

13.5.9.3. Market Revenue and Forecast, by Technology (2022-2034)

13.5.9.4. Market Revenue and Forecast, by Texture (2022-2034)

13.5.9.5. Market Revenue and Forecast, by Distribution Channel (2022-2034)

13.5.9.6. Market Revenue and Forecast, by Raw Material (2022-2034)

Chapter 14. Company Profiles

14.1. Akzo Nobel NV

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Axalta Coating Systems

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. BASF SE

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Cabot Corp

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Clariant AG

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Covestro

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Donglai Coating Technology

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Dupont

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Eastman.

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Kansai Paint Co. Ltd

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

14.11. KCC Corporation

14.11.1. Company Overview

14.11.2. Product Offerings

14.11.3. Financial Performance

14.11.4. Recent Initiatives

14.12. Nippon Paint Holdings Co. Ltd

14.12.1. Company Overview

14.12.2. Product Offerings

14.12.3. Financial Performance

14.12.4. Recent Initiatives

14.13. PPG Industries, Inc.

14.13.1. Company Overview

14.13.2. Product Offerings

14.13.3. Financial Performance

14.13.4. Recent Initiatives

14.14. The Valspar Corporation.

14.14.1. Company Overview

14.14.2. Product Offerings

14.14.3. Financial Performance

14.14.4. Recent Initiatives

14.15. Wanda Refinish

14.15.1. Company Overview

14.15.2. Product Offerings

14.15.3. Financial Performance

14.15.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global automotive paints and coatings market size is expected to reach around USD 41.13 billion by 2034.

The global automotive paints and coatings market growth driven by shifting preference of consumers towards attractive texture and improved aesthetic appearance of the vehicles.

Precedence Research predicts that, the global automotive paints and coatings market was valued at USD 19.99 billion in 2024.

The global automotive paints and coatings market is expected to grow at a CAGR of 7.48% during the forecast period 2025 to 2034.

Waterborne coating led the global automotive paints and coatings market with significant revenue share in 2024 owing to its capability to protect vehicle from severe weather condition along with substantial cost reduction.

North America expected to offer potential growth prospects for the automotive paints and coatings market due to significant presence of auto manufacturers in the region.

Akzo Nobel NV, Axalta Coating Systems, BASF SE, Cabot Corp, Clariant AG, Covestro are the top key players of automotive paints and coatings market.

Automotive paints and coatings are the automotive surface protection solutions. They are applied on the vehicle surface with the assistance of a spray gun.

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