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 The automotive refinish coatings market is a large and growing market that is expected to reach a value of $12.1 billion by 2032. The market is driven by the increasing demand for automotive repair and refinishing services, the growing popularity of water-borne coatings, and the increasing focus on environmental regulations. Automotive refinish coatings are used to repair and repaint damaged vehicles. They are also used to protect vehicles from the elements and to improve their appearance. The market for automotive refinish coatings is segmented by resin type, technology, coat type, application, and region. The resin type segment is dominated by polyurethane foam , alkyd, and acrylic resins. Polyurethane resins are the most popular choice for automotive refinish coatings because they offer excellent durability, chemical resistance, and gloss retention. Alkyd resins are less expensive than polyurethane resins, but they do not offer the same level of performance. Acrylic resins are b

 Automotive refinish coatings are special paints used in renovating existing or old vehicles. It is primarily driven by lack of maintenance by vehicle owners and rise in number of accidents. The global automotive refinish coatings market report compiled by Market Research Future (MRFR) by analysts with substantive research covering pertinent factors, trends, opportunities, and challenges for the period between 2022 and 2030 (forecast period). Market Scope The global automotive refinish coatings market is expected to thrive at 5.75% CAGR during the forecast period to achieve a valuation of USD 10.3 billion by 2030. The resurgence of the automotive sector as well as the large production of cars globally is projected to fuel market growth. Rising GDP of nations and increased purchasing power of consumers can positively impact the market. The increasing number of vehicle collisions can also work in favor of the global automotive refinish coatings market. Investments in high-end and luxury