The global automotive paints market size was valued at USD 9.1 billion in 2022 and is poised to grow at a significant CAGR of 4.2% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the automotive paints market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.  

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The global automotive paints market segmentation:
1) By Technology: Waterborne, Solvent-Borne and Powder Coating.
2) By Resin Type: Epoxy, Acrylic, Polyurethane and Other Resins.
3) By Texture: Solid Texture, Metallic Texture, Matte Finish Paints, Pearlescent Paints and Solar Reflective Paints.
4) By Paint Type: Primer, Basecoat, Electrocoat and Clearcoat.
5) By Vehicle Type: Passenger Car, Commercial Vehicle OEM, Light Vehicle OEM and Others.

The primary factors of the automotive paints market drivers are the increasing demand for functional coatings. the automotive paints market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The automotive paints market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the automotive paints market report, accounting for the highest share in 2021. It was followed by Asia Pacific, and then the other regions.

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The important profiles and strategies adopted by automotive paints market key players are 3M Valspar (U.S) Solvay S.A (Belgium) Royal DSM NV (Netherlands) PPG Industries (U.S) Nippon (Japan) DuPont (U.S) Clariant A(Switzerland) Beckers (U.S) BASF SE (Germany) Axalta Coatings Systems (Germany) Akzonobel NV (Netherlands), covered here to help them in strengthening their place in the market.

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