Asia Pacific Automotive Refinish Coatings Market Size & Outlook

The automotive refinish coatings market in Asia Pacific is expected to reach a projected revenue of US$ 8,860.3 million by 2030. A compound annual growth rate of 7.5% is expected of Asia Pacific automotive refinish coatings market from 2025 to 2030.
Revenue, 2024 (US$M)
$5,788.1
Forecast, 2030 (US$M)
$8,860.3
CAGR, 2025 - 2030
7.5%
Report Coverage
Asia Pacific

Asia Pacific automotive refinish coatings market highlights

  • The Asia Pacific automotive refinish coatings market generated a revenue of USD 5,788.1 million in 2024.
  • The market is expected to grow at a CAGR of 7.5% from 2025 to 2030.
  • In terms of segment, polyurethane was the largest revenue generating resin in 2024.
  • Acrylic is the most lucrative resin segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2030.


Asia Pacific data book summary

Market revenue in 2024USD 5,788.1 million
Market revenue in 2030USD 8,860.3 million
Growth rate7.5% (CAGR from 2025 to 2030)
Largest segmentPolyurethane
Fastest growing segmentAcrylic
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAcrylic, Alkyd, Polyurethane
Key market players worldwideBasf SE, AkzoNobel [Dulux Brand], PPG Industries Inc, Axalta Coating Systems Ltd


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 45.1% of the global automotive refinish coatings market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 8,860.3 million by 2030.

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Automotive Refinish Coatings Market Companies

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Asia Pacific automotive refinish coatings market size, by country, 2018-2030 (US$M)

Asia Pacific Automotive Refinish Coatings Market Outlook Share, 2024 & 2030 (US$M)

Asia Pacific automotive refinish coatings market size, by country, 2018-2030 (US$M)

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