AUTOMOTIVE REFINISH MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Technological advancements in refinish coatings and painting techniques

The automotive refinishing industry has come a long way from basic primer, paint and clear coat applications. Advanced materials research and digital tools are revolutionizing workflows to achieve faster cycle times, higher quality finishes and greater sustainability.

New generations of basecoats now offer bolder, long-lasting colors that precisely match original shades even years later. UV-resistant clear coats provide unparalleled gloss retention and durability to withstand extreme weathering. Meanwhile, new substrate adhesion promoting primers tenaciously bond various surfaces for challenging repairs. What's more, innovative refinish products are continuously being developed from renewable resources for reduced environmental footprint.

• Akzo Nobel N.V.
• Axalta Coating Systems, LLC
• BASF SE
• Berger Paints India Limited
• Covestro AG
• Donglai Coating Technology (Kunshan) Co., Ltd.
• Hebei Chenyang Industry & Trade Group Co., Ltd.
• Kansai Paint Co., Ltd.
• Mipa SE
• Nippon Paint Holdings Co., Ltd.
• PPG Industries, Inc.
• Sherwin-Williams Company
• Solvay S.A.
• Speedokote LLC
• Valspar Corporation