Refinish Paint Market - Overview, Industry Growth, Size & Forecast
- varunkpdelhi
- Jun 28, 2023
- 5 min read
The global refinish paint market is projected to grow at a CAGR of around 4%, in value terms, during 2022-2027. The increasing number demand for cars in emerging economies, the rising income of the middle-class population, and the 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 are expected to fuel the demand for refinish paint across the globe.

Some of the major players operating in the Global Refinish Paint market
Axalta Coating Systems
PPG Industries
BASF AkzoNobel
Sherwin-Williams
3M
Kansai Paint
Nippon Paint
KCC
Donglai Coating etc.
The Objective of the Study:
To analyze and forecast the 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 the region by segmenting the 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 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 analyzed conductor and 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 (polyurethane, epoxy, acrylic & others) refinish paint was recorded as well as a forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives and externally validated them by 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 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 policymakers.
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 manufacturers and policy makers, and which market segments should be targeted over the coming years (next five years) to strategize investments and capitalize on the 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, the global refinish paint market has been segmented into the 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
MEA
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).
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Table of Content
1. Product Overview
Research Methodology
Impact of COVID-19 on the Global Refinish Paint Market
Executive Summary
Voice of Customer
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)
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)
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