Global Refinish Paint Market, Share, Growth, Trend & Forecast 2027|TechSci Research

Report Description

The global refinish paint market is projected to grow at a CAGR of around 4%, in value terms, during 2022-2027. Increasing number demand for cars in emerging economies, rising income of middle-class population and increased propensity of car owners to repair their vehicle is expected to drive growth in refinish paint market. Expansion of global players, increasing demand for refinish coating from various end-users and growing use of refinish paint in various industries is expected to fuel the demand for refinish paint across the globe.

Some of the major players operating in the Global Refinish Paint market are Axalta Coating Systems, PPG Industries, BASF Akzonobel, Sherwin-Williams, 3M, Kansai Paint, Nippon Paint, KCC, Donglai Coating etc.

Objective of the Study:

To analyze and forecast market size of the global Refinish paint market, in terms of value.
To define, classify and forecast the global refinish paint market on the bases of resin, technology, vehicle, layer and region.
To scrutinize the detailed market segmentation and forecast the market size, in terms of value, based on region by segmenting global refinish paint market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
To identify tailwinds and headwinds for the global refinish paint market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions in the global Refinish Paint market.
to strategically profile the leading players, which are involved in the manufacturing or supply of refinish paint globally.

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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of refinish paint manufacturers. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include providers that could not be identified due to the limitations of secondary research. TechSci Research analysed conductor, insulation material. end user and regional presence of all major refinish paint manufacturers across the globe.

TechSci Research calculated the market size for the global Refinish Paint market using a bottom-up approach, where manufacturers’ value data for resin type of (polyurethane, epoxy, acrylic & others) refinish paint was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers or manufacturers to arrive at the overall market size. Various secondary sources such as companies, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

Global refinish paint manufacturers
Research organizations and consulting companies
Organizations, associations and alliances related to refinish paint manufacturing
Government bodies such as regulating authorities and policy makers.
Industry associations
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as refinish paint manufacturer and policy makers, which market segments should be targeted over the coming years (next five years) to strategize investments and capitalize on growth of the market.

Attribute	Details
Base Year	2021
Historical Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Resin · Conductor · Technology · Vehicle · Layer
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Iraq; Brazil, Argentina, Colombia.
Key companies profiled	Axalta Coating Systems, PPG Industries, BASF Akzonobel, Sherwin-Williams, 3M, Kansai Paint, Nippon Paint, KCC, Donglai Coating.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global refinish paint market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Refinish Paint Market, by Resin:

Global Refinish Paint Market

Polyurethane
Epoxy
Acrylic
Others

Refinish Paint Market, by Conductor:

Copper
Aluminium

Refinish Paint Market, by Technology:

Solventborne
Waterborne
Powder

Refinish Paint Market, by Vehicle:

Passenger Car
LCV
ruck
Bus

Refinish Paint Market, by Layer:

Clearcoat
Basecoat
Primer
Sealer

Refinish Paint Market, by Region:

North America

§ United States

§ Canada

§ Mexico

§ Rest of North America

Europe

§ UK

§ Germany

§ France

§ Italy

§ Spain

§ Rest of Europe

Asia Pacific

§ China

§ Japan

§ South Korea

§ Australia

§ India

§ Rest of APAC

South America

§ Brazil

§ Argentina

§ Colombia

§ Rest of South America

§ Saudi Arabia

§ UAE

§ Iraq

§ South Africa

§ Rest of MEA

Competitive Landscape

Competition Benchmarking: Benchmarking of leading players

Company Profiles: Detailed analysis of the major companies present in the Global Refinish Paint Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

Detailed list of manufacturers across the regions.

Company Information

Detailed analysis and profiling of additional market players (up to five).

Product Information

Detailed analysis of new products in the market and their driving forces in the market.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Refinish Paint Market

4. Executive Summary

5. Voice of Customer

6. Global Refinish Paint Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

6.2.2. By Technology (Solventborne, Waterborne & Powder)

6.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

6.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

6.2.5. By Company

6.2.6. By Region

6.3. Market Attractiveness Index (By Application, By Form & By Region)

7. Asia-Pacific Refinish Paint Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

7.2.2. By Technology (Solventborne, Waterborne & Powder)

7.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

7.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

7.2.5. By Country (China, Japan, India, South Korea, Australia & Rest of Asia Pacific)

7.2.5.1. China Refinish Paint Market Outlook

7.2.5.1.1. Market Size & Forecast

7.2.5.1.1.1. By Value

7.2.5.1.2. Market Share & Forecast

7.2.5.1.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

7.2.5.1.2.2. By Technology (Solventborne, Waterborne & Powder)

7.2.5.1.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

7.2.5.1.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

7.2.5.2. India Refinish Paint Market Outlook

7.2.5.2.1. Market Size & Forecast

7.2.5.2.1.1. By Value

7.2.5.2.2. Market Share & Forecast

7.2.5.2.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

7.2.5.2.2.2. By Technology (Solventborne, Waterborne & Powder)

7.2.5.2.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

7.2.5.2.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

7.2.5.3. Japan Refinish Paint Market Outlook

7.2.5.3.1. Market Size & Forecast

7.2.5.3.1.1. By Value

7.2.5.3.2. Market Share & Forecast

7.2.5.3.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

7.2.5.3.2.2. By Technology (Solventborne, Waterborne & Powder)

7.2.5.3.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

7.2.5.3.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

7.2.5.4. Australia Refinish Paint Market Outlook

7.2.5.4.1. Market Size & Forecast

7.2.5.4.1.1. By Value

7.2.5.4.2. Market Share & Forecast

7.2.5.4.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

7.2.5.4.2.2. By Technology (Solventborne, Waterborne & Powder)

7.2.5.4.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

7.2.5.4.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

7.2.5.5. South Korea Refinish Paint Market Outlook

7.2.5.5.1. Market Size & Forecast

7.2.5.5.1.1. By Value

7.2.5.5.2. Market Share & Forecast

7.2.5.5.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

7.2.5.5.2.2. By Technology (Solventborne, Waterborne & Powder)

7.2.5.5.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

7.2.5.5.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

8. North America Refinish Paint Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

8.2.2. By Technology (Solventborne, Waterborne & Powder)

8.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

8.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

8.2.5. By Country (United States, Canada, Mexico & Rest of North America)

8.2.5.1. United States Refinish Paint Market Outlook

8.2.5.1.1. Market Size & Forecast

8.2.5.1.1.1. By Value

8.2.5.1.2. Market Share & Forecast

8.2.5.1.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

8.2.5.1.2.2. By Technology (Solventborne, Waterborne & Powder)

8.2.5.1.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

8.2.5.1.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

8.2.5.2. Canada Refinish Paint Market Outlook

8.2.5.2.1. Market Size & Forecast

8.2.5.2.1.1. By Value

8.2.5.2.2. Market Share & Forecast

8.2.5.2.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

8.2.5.2.2.2. By Technology (Solventborne, Waterborne & Powder)

8.2.5.2.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

8.2.5.2.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

8.2.5.3. Mexico Refinish Paint Market Outlook

8.2.5.3.1. Market Size & Forecast

8.2.5.3.1.1. By Value

8.2.5.3.2. Market Share & Forecast

8.2.5.3.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

8.2.5.3.2.2. By Technology (Solventborne, Waterborne & Powder)

8.2.5.3.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

8.2.5.3.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

9. South America Refinish Paint Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

9.2.2. By Technology (Solventborne, Waterborne & Powder)

9.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

9.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

9.2.5. By Country (Brazil, Argentina, Colombia & Rest of South America)

9.2.5.1. Brazil Refinish Paint Market Outlook

9.2.5.1.1. Market Size & Forecast

9.2.5.1.1.1. By Value

9.2.5.1.2. Market Share & Forecast

9.2.5.1.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

9.2.5.1.2.2. By Technology (Solventborne, Waterborne & Powder)

9.2.5.1.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

9.2.5.1.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

9.2.5.2. Argentina Refinish Paint Market Outlook

9.2.5.2.1. Market Size & Forecast

9.2.5.2.1.1. By Value

9.2.5.2.2. Market Share & Forecast

9.2.5.2.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

9.2.5.2.2.2. By Technology (Solventborne, Waterborne & Powder)

9.2.5.2.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

9.2.5.2.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

9.2.5.3. Colombia Refinish Paint Market Outlook

9.2.5.3.1. Market Size & Forecast

9.2.5.3.1.1. By Value

9.2.5.3.2. Market Share & Forecast

9.2.5.3.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

9.2.5.3.2.2. By Technology (Solventborne, Waterborne & Powder)

9.2.5.3.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

9.2.5.3.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

10. Europe Refinish Paint Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

10.2.2. By Technology (Solventborne, Waterborne & Powder)

10.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

10.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

10.2.5. By Country (UK, Germany, France, Italy, Spain & Rest of Europe)

10.2.5.1. Germany Refinish Paint Market Outlook

10.2.5.1.1. Market Size & Forecast

10.2.5.1.1.1. By Value

10.2.5.1.2. Market Share & Forecast

10.2.5.1.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

10.2.5.1.2.2. By Technology (Solventborne, Waterborne & Powder)

10.2.5.1.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

10.2.5.1.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

10.2.5.2. France Refinish Paint Market Outlook

10.2.5.2.1. Market Size & Forecast

10.2.5.2.1.1. By Value

10.2.5.2.2. Market Share & Forecast

10.2.5.2.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

10.2.5.2.2.2. By Technology (Solventborne, Waterborne & Powder)

10.2.5.2.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

10.2.5.2.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

10.2.5.3. United Kingdom Refinish Paint Market Outlook

10.2.5.3.1. Market Size & Forecast

10.2.5.3.1.1. By Value

10.2.5.3.2. Market Share & Forecast

10.2.5.3.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

10.2.5.3.2.2. By Technology (Solventborne, Waterborne & Powder)

10.2.5.3.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

10.2.5.3.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

10.2.5.4. Italy Refinish Paint Market Outlook

10.2.5.4.1. Market Size & Forecast

10.2.5.4.1.1. By Value

10.2.5.4.2. Market Share & Forecast

10.2.5.4.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

10.2.5.4.2.2. By Technology (Solventborne, Waterborne & Powder)

10.2.5.4.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

10.2.5.4.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

10.2.5.5. Spain Refinish Paint Market Outlook

10.2.5.5.1. Market Size & Forecast

10.2.5.5.1.1. By Value

10.2.5.5.2. Market Share & Forecast

10.2.5.5.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

10.2.5.5.2.2. By Technology (Solventborne, Waterborne & Powder)

10.2.5.5.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

10.2.5.5.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

11. MEA Refinish Paint Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

11.2.2. By Technology (Solventborne, Waterborne & Powder)

11.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

11.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

11.2.5. By Country (Saudi Arabia, UAE, Iraq, South Africa & Rest of MEA)

11.2.5.1. Saudi Arabia Refinish Paint Market Outlook

11.2.5.1.1. Market Size & Forecast

11.2.5.1.1.1. By Value

11.2.5.1.2. Market Share & Forecast

11.2.5.1.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

11.2.5.1.2.2. By Technology (Solventborne, Waterborne & Powder)

11.2.5.1.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

11.2.5.1.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

11.2.5.2. UAE Refinish Paint Market Outlook

11.2.5.2.1. Market Size & Forecast

11.2.5.2.1.1. By Value

11.2.5.2.2. Market Share & Forecast

11.2.5.2.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

11.2.5.2.2.2. By Technology (Solventborne, Waterborne & Powder)

11.2.5.2.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

11.2.5.2.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

11.2.5.3. Iraq Refinish Paint Market Outlook

11.2.5.3.1. Market Size & Forecast

11.2.5.3.1.1. By Value

11.2.5.3.2. Market Share & Forecast

11.2.5.3.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

11.2.5.3.2.2. By Technology (Solventborne, Waterborne & Powder)

11.2.5.3.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

11.2.5.3.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

11.2.5.4. South Africa Refinish Paint Market Outlook

11.2.5.4.1. Market Size & Forecast

11.2.5.4.1.1. By Value

11.2.5.4.2. Market Share & Forecast

11.2.5.4.2.1. By Resin (Polyurethane, Epoxy, Acrylic & Others)

11.2.5.4.2.2. By Technology (Solventborne, Waterborne & Powder)

11.2.5.4.2.3. By Vehicle (Passenger Car, LCV, Truck & Bus)

11.2.5.4.2.4. By Layer (Clearcoat, Basecoat, Primer & Sealer)

12. Market Dynamics

12.1. Drivers/Opportunities

12.2. Challenges/Pitfalls

13. Market Trends & Developments

14. Competitive Landscape

14.1. Company Profiles (Top 10 Companies)

14.1.1. Axalta Coating Systems

14.1.2. PPG Industries

14.1.3. BASF Akzonobel

14.1.4. Sherwin-Williams

14.1.5. 3M

14.1.6. Kansai Paint

14.1.7. Nippon Paint

14.1.8. KCC

14.1.9. Donglai Coating

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

What major factors drive Global Refinish Paint Market growth?

Global refinish paint market is anticipated to grow with an impressive CAGR during the forecast period, 2023-2027, due to ability of car owners to repair their vehicle post-collision and rising number of collision rate.

Which companies may dominate the Global Refinish Paint Market?

Axalta Coating Systems, PPG Industries, BASF Akzonobel, Sherwin-Williams, 3M, among others are leading the global refinish paint market in the forecast period, 2023-2027.

What is the study period for the Global Refinish Paint Market analysis?

The global refinish paint market was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2021 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

What strategic recommendations may the new market players follow in future?

New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

Global Refinish Paint Market By Resin (Polyurethane, Epoxy, Acrylic & Others), By Technology (Solventborne, Waterborne & Powder), By Vehicle (Passenger Car, LCV, Truck & Bus), By Layer (Clearcoat, Basecoat, Primer & Sealer), Competition Forecast & Opportunities, 2017 – 2027

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