According to a market report by Lucintel, the future of the global automotive coating market looks promising with opportunities in the passenger car and commercial vehicle markets. The global automotive coating market is expected to reach an estimated $28 billion by 2030 from $21 billion in 2023 at a CAGR of 4.1% from 2023 to 2030. The major drivers for this market are increasing vehicle production, rising adoption of eco-friendly coating technologies, and expanding automotive aftermarket services.

A more than 150-page report to understand trends, opportunity and forecast in automotive coating market to 2030 by resin type (polyurethane, epoxy, acrylic, and others), coat type (clearcoat, basecoat, primer, and e-coat), technology (solvent-based, water-based, and powder-based), vehicle type (passenger cars, commercial vehicles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that polyurethane is expected to witness the highest growth over the forecast period.

Within this market, passenger car is expected to witness the higher growth.

Download sample by clicking on automotive coating market.

BASF, PPG Industries, Axalta Coating Systems, Akzo Nobel are the major suppliers in the automotive coating market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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