The global automotive powder coatings market is projected to grow from USD 2.78 billion in 2026 to USD 3.59 billion by 2031, at a CAGR of 5.22% during the forecast period. Growth is driven by increasing vehicle production, rising demand for durable and high-quality surface protection, and growing adoption of low-VOC and environmentally friendly coating technologies. Increasing EV production is also creating new opportunities for powder coatings in battery systems and automotive components. Asia Pacific dominated the market in 2025, accounting for 56.2% of the market, supported by large-scale vehicle manufacturing and established automotive supply chains. Passenger cars accounted for 77.6% of the market in 2025, and thermoset is projected to register the fastest growth among resin types.
Akzo Nobel NVMarket growth driven by vehicle production and EV adoption benefits coatings suppliers.
PPG Industries IncMarket growth driven by vehicle production and EV adoption benefits coatings suppliers.
Sherwin-Williams CoMarket growth driven by vehicle production and EV adoption benefits coatings suppliers.
