- In 2021, PPG has acquired Hemmelrath’s Erlenbach site to nurture its automotive coatings portfolio. This acquisition will help the company to enhance its automotive coatings offering, adding to its formulating and production proficiency. The clearcoat unit uses a fully automated production technology with faster and shorter manufacturing periods and production of numerous batch sizes of around 25 metric tons
- In 2021, IGL Coatings has introduced Ecoclear Aegis, a graphene-reinforced anti-corrosion clear coating. This green coating solution is translucent and can bear and protect the surface from extreme atmospheric corrosive conditions.The coating’s transparency can identify the early signs of corrosion, providing the way for faster precautionary measures
- In 2020, Clearlake Capitals had announced to acquire Innovative XCessories & Services LLC. IXS is known for its provisions related to coating solutions and automobile upfit services to OEMs. Various other impacts on the automotive aftermarket are gaining provision from these companies. This merger would create better growth opportunities
Frequently Asked Questions
The market is segmented based on Segmentation, By Technology Type (Water-Borne, Solvent-Borne, Powder Coating, UV-Cured, Others), Product Type (Electrocoat, Primer, Clearcoat, Basecoat), Resin (Epoxy, Polyurethane, Acrylic, Others), Application (Plastic, Metal), End-Use (Commercial OEM, Automotive Refinish, Light Vehicle OEM) – Industry Trends and Forecast to 2032
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The Global Automotive Coatings Market size was valued at USD 19.99 USD Billion in 2024.
The Global Automotive Coatings Market is projected to grow at a CAGR of 7.17% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
