- Waterborne
- Solvent-Borne
- Powder Coating
North America Automotive Paints Market size was valued at USD x billion in 2023 and is poised to grow at a CAGR of x% from 2024-2030. Some of the key factors influencing the market growth include stringent emission regulations & environmental concerns, innovative paint technologies, changing buyer preferences, high growth in emerging economies, and increasing demand for vehicles worldwide. In addition, the existence of a massive automotive sector is substantiating the growth of the market in North America. The North America Automotive Paints market is surging owing to frequent acquisitions and launchings by the market players. For Instance, Nippon Paint, one of the leaders in the automotive paints market, has devised and developed a polarized paint, Maziora that changes color depending on the angle from which it is viewed or from where the light highlights it. The paint is suitably used to re-paint automobiles or as a high-design paint for new vehicles and designer racing cars.
North America Automotive Paints Market Dynamics
The North America automotive paints market is expected to witness surge in demand over the forecast period owing to factors such as stringent government regulations and increasing environmental awareness. The automotive paints market is emerging in terms of color options, durability, and reliability. Automotive paints act as a protective coat and provide an ambient appearance, which is expected to accelerate the market growth over the next six years. Various regulations regarding non-VOC paints have triggered the automotive paints market demand leading to the introduction of waterborne coats, which are expected to replace the solvent-borne coats. Advanced coating solutions are manufactured and delivered by the automotive paint companies to the vehicle manufacturers owing to the extreme government regulations. These innovations reduce the overall cost and time required per vehicle unit through controlled paint shop emissions, which is expected to spur basecoats demand in the automotive paints market.
Country Analysis
U.S accounted for larger revenue share in North America Automotive Paints market with considerable CAGR with the increase in automotive sales because of high demand for light vehicles in the United States. Companies are showing active interest in expanding their production capacities in North America. Moreover, U.S. automotive paints market is expected to witness the fastest growth over the next few years. However, increasing R&D investments coupled with ongoing product development to improve the performance of automotive paints is expected to augment market growth in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
North America Automotive Paints Market Segmentation
By Technology
By Resin Type
- Epoxy
- Acrylic
- Polyurethane
- Other Resins
By Texture
- Solid Texture
- Metallic Texture
- Matte Finish Paints
- Pearlescent Paints
- Solar Reflective Paints
By Paint Type
- Primer
- Basecoat
- Electrocoat
- Clearcoat
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The north america automotive paints market report covers the market data: United States, Canada
The north america automotive paints market key players are 3M, Valspar, Solvay S.A, Royal DSM NV, PPG Industries
| 1.Executive Summary |
| 2. North America Automotive Paints Market Introduction |
| 2.1. North America Automotive Paints Market - Taxonomy |
| 2.2. North America Automotive Paints Market - Definitions |
| 2.2.1.Technology |
| 2.2.2.Resin Type |
| 2.2.3.Texture |
| 2.2.4.Paint Type |
| 2.2.5.Country |
| 3. North America Automotive Paints Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. North America Automotive Paints Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. North America Automotive Paints Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Waterborne |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Solvent-Borne |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Powder Coating |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. North America Automotive Paints Market By Resin Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Epoxy |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Acrylic |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Polyurethane |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Other Resins |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. North America Automotive Paints Market By Texture, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Solid Texture |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Metallic Texture |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Matte Finish Paints |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Pearlescent Paints |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Solar Reflective Paints |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. North America Automotive Paints Market By Paint Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Primer |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Basecoat |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Electrocoat |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Clearcoat |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. North America Automotive Paints Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. United States of America (USA) |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Canada |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 10.United States of America (USA) Automotive Paints Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Waterborne |
| 10.1.2.Solvent-Borne |
| 10.1.3.Powder Coating |
| 10.2. Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Epoxy |
| 10.2.2.Acrylic |
| 10.2.3.Polyurethane |
| 10.2.4.Other Resins |
| 10.3. Texture Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Solid Texture |
| 10.3.2.Metallic Texture |
| 10.3.3.Matte Finish Paints |
| 10.3.4.Pearlescent Paints |
| 10.3.5.Solar Reflective Paints |
| 10.4. Paint Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Primer |
| 10.4.2.Basecoat |
| 10.4.3.Electrocoat |
| 10.4.4.Clearcoat |
| 11.Canada Automotive Paints Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Waterborne |
| 11.1.2.Solvent-Borne |
| 11.1.3.Powder Coating |
| 11.2. Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Epoxy |
| 11.2.2.Acrylic |
| 11.2.3.Polyurethane |
| 11.2.4.Other Resins |
| 11.3. Texture Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Solid Texture |
| 11.3.2.Metallic Texture |
| 11.3.3.Matte Finish Paints |
| 11.3.4.Pearlescent Paints |
| 11.3.5.Solar Reflective Paints |
| 11.4. Paint Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Primer |
| 11.4.2.Basecoat |
| 11.4.3.Electrocoat |
| 11.4.4.Clearcoat |
| 12. Competition Landscape |
| 12.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 12.2.1.3M |
| 12.2.2.Valspar |
| 12.2.3.Solvay S.A |
| 12.2.4.Royal DSM NV |
| 12.2.5.PPG Industries |
| 12.2.6.Nippon |
| 12.2.7.DuPont |
| 12.2.8.Clariant Ag |
| 12.2.9.Beckers |
| 12.2.10.BASF SE |
| 12.2.11.Axalta Coatings Systems |
| 12.2.12.Akzonobel NV |
| 13. Research Methodology |
| 14. Appendix and Abbreviations |
- 3M
- Valspar
- Solvay S.A
- Royal DSM NV
- PPG Industries
- Nippon
- DuPont
- Clariant Ag
- Beckers
- BASF SE
- Axalta Coatings Systems
- Akzonobel NV