Chemicals Industry Today
Automotive Paints and Coatings Market Positioned for Steady Growth, Increasing from USD 21.75 Billion in 2025 to USD 31.74 Billion by 2035
According to MRFR analysis, the Automotive Paints and Coatings Market Size was valued at USD 20.95 billion in 2024. The market is expected to grow from USD 21.75 billion in 2025 to USD 31.74 billion by 2035, registering a CAGR of 3.85% during the 2025–2035 forecast period. Automotive paints are coatings applied to vehicles for protection, aesthetic appeal, and corrosion resistance. Rising automotive production, consumer preference for customized vehicles, and stringent environmental regulations are driving the adoption of waterborne, UV-cured, and powder coatings. Market growth is also supported by innovations in nanotechnology, eco-friendly formulations, and automated spray systems.
Key Drivers of Market Growth
- Automotive Production Growth: Increased vehicle production fuels demand for high-quality coatings.
- Environmental Regulations: Restrictions on VOC emissions encourage waterborne and eco-friendly paints.
- Consumer Preference: Rising demand for durable, glossy, and customized finishes.
- Technological Advancements: Nanotechnology and UV-cured coatings improve durability and efficiency.
- Aftermarket Services: Vehicle repainting and touch-up services boost market demand.
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Types of Membrane Separation Materials
Membranes are used in paint production for pigment filtration and solvent separation:
- Polyethersulfone (PES) Membranes: High chemical resistance for coating formulations.
- PTFE Membranes: Used in solvent recovery and filtration.
Regional Insights
- Asia-Pacific: Dominates due to growing automotive manufacturing in China, India, and Japan.
- North America & Europe: Focus on eco-friendly and high-performance coatings.
- Rest of the World: Latin America and MEA growth driven by expanding automotive sectors.
- Major Players
- PPG Industries (US), Axalta Coating Systems (US), BASF SE (DE), Nippon Paint Holdings (JP), Sherwin-Williams (US), Kansai Paint (JP), AkzoNobel (NL), RPM International (US), Tikkurila (FI)
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Future Outlook
The market will grow with technological innovations in coatings, regulatory support for eco-friendly paints, and rising automotive production globally.
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