Smooth finish: The expanding economy will continue to boost industry demand

The Automotive Coatings Manufacturing industry's performance is expected to trend higher over the five years to 2017. Consumers released pent-up demand for nonessential vehicle alterations and new vehicle purchases in light of rising disposable income, bolstering demand for automotive coatings in the five-year period. The recovery also benefited the Car Body Shops industry (IBISWorld report 81112), which is a major market for automotive coatings manufacturers. In the five years to 2022, industry revenue is anticipated to remain relatively stagnant, in response to declining demand for vehicles at the retail and manufacturing level. When demand for new vehicles slows, vehicle production follows suit...purchase to read more.

Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 12-17
2.0%
Forecast Growth 17-22
Profit
Employment
10,348
Businesses
712
Market Share of Companies

Industry Threats & Opportunities

  • Industry demand and revenue were stimulated by heightened consumer and discretionary spending levels
  • Legislation has put pressure on coatings manufacturers
  • The future of the automotive coatings manufacturers is expected to remain stagnant
  • Industry Report - Starting a New Business Chapter

    The Automotive Coatings Manufacturing industry carries a high level of barriers, stemming primarily from the high level of federal oversight. Additionally, the top four industry operators in the industry are expected to account for almost 30.0% of industry revenue in 2016, and concentration is expected to grow in the long run as these companies continue to expand operations and acquire small-scale industry operators. This high level of concentration inhibits the ability of smaller operators to attract new customers because the large-scale corporations generally have longstanding supply contracts with OEMs and other downstream customers. This level of competition and industry concentration may discourage some new companies from entering. Add...purchase to read more.

    Additional Insights for the Automotive Coatings Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Automotive Coatings Manufacturing Industry are

  • Control of distribution arrangements
  • Effective cost controls
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as New car sales and Demand from car body shops in the Automotive Coatings Manufacturing industry impact industry performance..

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    What's in this report

    What is the Automotive Coatings Manufacturing Industry?

    This industry manufactures various coating products to decorate and protect automobile surfaces against wear, weather and corrosion. Final products are sold to automotive manufacturers, wholesalers, retailers and auto shops.

    Industry Products
  • Electrocoats
  • Primers
  • Clearcoats
  • Basecoats
  • Industry Activities
  • Manufacturing automotive coatings
  • Researching and developing automotive coatings
  • Marketing automotive coatings
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • New car sales
  • Demand from car body shops
  • Regulation
  • Per capita disposable income
  • Trade-weighted index
  • World price of crude oil

  • Current Performance
  • Growth off a low base
  • Falling costs
  • Legislative difficulties
  • Industry trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Slowed growth
  • Falling costs
  • The future of coatings
  • Table: Automotive Coatings Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Automotive Coatings Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Truck & Bus Manufacturing
  • Truck, Trailer & Motor Home Manufacturing
  • Paint Wholesaling

  • Key Selling Industries
  • Dye & Pigment Manufacturing
  • Inorganic Chemical Manufacturing

  • Products & Services
  • Basecoats
  • Electrocoats
  • Clearcoats
  • Primers
  • Chart: Automotive Coatings Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Car, SUV and light truck manufacturers
  • Heavy-duty vehicle manufacturers
  • Wholesalers
  • Trailer and motor home manufacturers
  • Chart: Major Market Segmentation for the Automotive Coatings Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Automotive Coatings Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Automotive Coatings Manufacturing Industry

  • Industry Globalization
    PPG Industries Inc.,
  • Table: PPG Industries Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Automotive Coatings Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Automotive Coatings Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • New Car Sales (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Original Equipment Manufacturer (Oem)
  • A manufacturing company that produces components and products for sale under a brand name.
  • Solventborne
  • A coating in which the main carrier is solvent.
  • Topcoat
  • A combination of the basecoat and the clearcoat form the topcoat
  • Waterborne
  • A coating in which the main carrier is water.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Automotive Coatings Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Automotive Coatings Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Automotive Coatings Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Automotive Coatings Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Automotive Coatings Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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