Market size in 2024 | US$ 7.23 billion |
Forecast Market size by 2030 | US$ 9.41 billion |
---|---|---|---|
Growth Rate | CAGR of 4.5% | Number of Pages | 205 Pages |
The Asia Pacific Automotive OEM Coatings market size was valued at US$ 7.23 billion in 2024 and is projected to reach US$ 9.41 billion by 2030, at a CAGR of 4.5% during the forecast period 2024-2030.
Automotive OEM coatings are specialized paints and finishes applied to vehicles during the manufacturing process, providing protection against corrosion, UV radiation, and enhancing aesthetic appeal.
The Asia Pacific automotive OEM coatings market is growing steadily, driven by the region's robust automotive manufacturing sector. China dominates with a 50% market share, followed by Japan at 20% and South Korea at 15%. In 2023, basecoats accounted for 40% of the market, with clearcoats at 30% and primers at 20%. The market experienced a 7% growth in demand for water-based coatings due to stricter environmental regulations. Key players include Nippon Paint Holdings (Japan) and Axalta Coating Systems (USA), holding a combined 45% market share in the region. The industry is investing in smart coating technologies, with a 15% increase in R&D spending on self-healing and color-changing coatings in 2023. Challenges include raw material price volatility and the shift towards electric vehicles, leading to an 8% focus on developing coatings suitable for lightweight materials and battery components. The trend towards autonomous vehicles has driven a 10% increase in demand for coatings compatible with sensor technologies. The market is benefiting from the growing premium car segment in China and India, with a 12% rise in high-performance coating applications.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Automotive OEM Coatings. The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Automotive OEM Coatings, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Automotive OEM Coatings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive OEM Coatings. This report contains market size and forecasts of Automotive OEM Coatings in Asia Pacific, including the following market information:
We surveyed the Automotive OEM Coatings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Solvent-Borne
• Waterborne
• Powdered
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Akzo Nobel N.V.
• BASF SE
• PPG Industries
• Kansai Paint Co., Ltd.
• Nippon Paint Holdings Co., Ltd.
• Axalta Coating Systems
• Valspar Corporation
• Sherwin-Williams
• Asian Paints
• Berger Paints
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Automotive OEM Coatings revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies Automotive OEM Coatings revenues share in Asia Pacific market, 2023 (%)
• Key companies Automotive OEM Coatings sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies Automotive OEM Coatings sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of Automotive OEM Coatings
• It describes present situation, historical background and future forecast
• Comprehensive data showing Automotive OEM Coatings capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Automotive OEM Coatings manufacturers
• Automotive OEM Coatings forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
Report Attributes | Report Details |
---|---|
Report Title | Asia Pacific Automotive OEM Coatings Market Research Report 2024-2030 |
Market size in 2024 | US$ 7.23 billion |
Forecast Market size by 2030 | US$ 9.41 billion |
Growth Rate | CAGR of 4.5% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 205 Pages |
Customization Available | Yes, the report can be customized as per your need. |
1.1 Product Overview and Scope of Automotive OEM Coatings
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Solvent-Borne
1.2.3 Waterborne
1.2.4 Powdered
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Cars
1.3.3 Light Commercial Vehicles
1.3.4 Heavy Commercial Vehicles
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 Akzo Nobel N.V.
8.1.1 Akzo Nobel N.V. Corporation Information
8.1.2 Akzo Nobel N.V. Product Portfolio
8.1.3 Akzo Nobel N.V. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Akzo Nobel N.V. Main Business and Markets Served
8.1.5 Akzo Nobel N.V. Recent Developments/Updates
8.2 BASF SE
8.2.1 BASF SE Corporation Information
8.2.2 BASF SE Product Portfolio
8.2.3 BASF SE Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 BASF SE Main Business and Markets Served
8.2.5 BASF SE Recent Developments/Updates
8.3 PPG Industries
8.3.1 PPG Industries Corporation Information
8.3.2 PPG Industries Product Portfolio
8.3.3 PPG Industries Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 PPG Industries Main Business and Markets Served
8.3.5 PPG Industries Recent Developments/Updates
8.4 Kansai Paint Co., Ltd.
8.4.1 Kansai Paint Co., Ltd. Corporation Information
8.4.2 Kansai Paint Co., Ltd. Product Portfolio
8.4.3 Kansai Paint Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Kansai Paint Co., Ltd. Main Business and Markets Served
8.4.5 Kansai Paint Co., Ltd. Recent Developments/Updates
8.5 Nippon Paint Holdings Co., Ltd.
8.5.1 Nippon Paint Holdings Co., Ltd. Corporation Information
8.5.2 Nippon Paint Holdings Co., Ltd. Product Portfolio
8.5.3 Nippon Paint Holdings Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Nippon Paint Holdings Co., Ltd. Main Business and Markets Served
8.5.5 Nippon Paint Holdings Co., Ltd. Recent Developments/Updates
8.6 Axalta Coating Systems
8.6.1 Axalta Coating Systems Corporation Information
8.6.2 Axalta Coating Systems Product Portfolio
8.6.3 Axalta Coating Systems Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Axalta Coating Systems Main Business and Markets Served
8.6.5 Axalta Coating Systems Recent Developments/Updates
8.7 Valspar Corporation
8.7.1 Valspar Corporation Corporation Information
8.7.2 Valspar Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Valspar Corporation Main Business and Markets Served
8.7.4 Valspar Corporation Recent Developments/Updates
8.8 Sherwin-Williams
8.8.1 Sherwin-Williams Corporation Information
8.8.2 Sherwin-Williams Product Portfolio
8.8.3 Sherwin-Williams Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Sherwin-Williams Main Business and Markets Served
8.8.5 Sherwin-Williams Recent Developments/Updates
8.9 Asian Paints
8.9.1 Asian Paints Corporation Information
8.9.2 Asian Paints Product Portfolio
8.9.3 Asian Paints Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Asian Paints Main Business and Markets Served
8.9.5 Asian Paints Recent Developments/Updates
8.10 Berger Paints
8.10.1 Berger Paints Corporation Information
8.10.2 Berger Paints Product Portfolio
8.10.3 Berger Paints Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Berger Paints Main Business and Markets Served
8.10.5 Berger Paints Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Automotive OEM Coatings
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?