Automotive Wheel Coatings Market is set to generate revenue of US$ 1 Bn by year 2032-end; Growth is Owing to Increased Wear & Tear of Wheels

NEWARK, DE / ACCESSWIRE / November 23, 2022 / The global automotive wheel coatings market size is predicted to expand at a stable CAGR of 3.1% throughout the projection period from 2022 to 2032. The global market is expected to reach a valuation of US$ 737.6 Mn by the end of 2022 and top a valuation of US$ 1,001.4 Mn by the end of 2032. The growth of the market is attributed to the decorative and performance coatings made through sustainable technology and environmentally friendly materials are further expected to drive the market in the next ten years. The rising demand for protective coatings, decorative coatings, performance coatings, and anti-corrosive coatings for automotive wheels is anticipated to drive the market during the projected period.

Future Market Insights, Inc., Wednesday, November 23, 2022, Press release picture

Future Market Insights, Inc., Wednesday, November 23, 2022, Press release picture

The demand for automotive wheel coatings is anticipated to surge at a steady pace with the rapid growth of the automotive industry. Increasing demand for automotive-like passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs) has led to a surging production of vehicles, as well as subsequent accessories such as automotive wheels. These wheels are most of the time made of metal and metal alloys, which are most likely prone to corrosion in changing weather conditions. Automotive wheel coatings, therefore, are necessary to protect the surface of these wheels from environmental changes and to keep them safe, durable, and ready to perform in a long run.

Request a Sample @

Yet another brilliant aspect of automotive coatings is to offer attractive looks to vehicles. In order to enhance the look of an automotive vehicle, innovative designs of wheels coated with catchy and bright colors are expected to drive market growth over the projection period. This combination would help to boost the demand for cars, especially those falling under the luxury and sports segment among the millennials and gen Z. Thus, demand for wheel coatings for luxury and decorative purposes is also propelling the market. In addition to that, young buyers and owners of two-wheelers and passenger cars are specifically attracted to using allow rims and metallic coated wheels for their vehicles because they believe that the use of such accessories enhances their vehicle’s look. They also associate the same as the user’s outer personality and status symbol.

Key Takeaways

  • The frequency of changing environmental conditions all over the world has significantly surged over recent years which has resulted in leaving a negative impact on the wheels and rims. It has resulted in the corrosion and wear-and-tear of the substrate material. Demand for all-weather coatings from industries such as construction and automotive witnessed decent growth from all over the world, but especially in North American and Atlantic countries.

  • The atmosphere in various countries situated in such regions has a high salt content and therefore they become very cold & snowy during the winter season. Such a hostile environment affects the wheel substrate and its coating.

  • The tire and wheel are known to be those vehicle components that are subjected to the most complex conditions, it is necessary to shield the wheel with the best possible technology to sustain its longevity. A thorough composition prevents salt from corroding the wheels which help in eliminating the probability of high-magnitude wear and tear. Therefore, demand for all-weather automotive wheel coatings from automobile manufacturers and individual consumers is expected to be a rising trend in the industry.

  • Auto accessories shops in present times are loaded with such metallic wheel coatings owing to the high customer demand. In order to meet the rising customer demand, automotive wheel coating manufacturers have launched various wheel coating sprays that can be used without any prior guidance.

Browse Full Report @

Competitive Landscape

Prominent players in the market for automotive wheel coatings are concentrating on the acquisition of other market players in order to increase their consumer base. In addition to that, their rapid expansion and strategic steps include capacity expansions and geographical expansions in emerging economies to bolster the stronghold in the market. Key market players are heavily investing in research and innovations for product development. At the same time, they are introducing sustainable coatings with attractive finishing properties to boost sales.

Automotive Wheel Coatings Market Outlook by Category

By Material Type:

  • Acrylic Enamel

  • Acrylic Urethane

  • Acrylic Lacquer

  • Zinc Phosphate

  • Epoxy

  • Epoxy Polyester

  • Polyester

  • Polyurethane

By Substrate:

By Product Type:

  • Primers

    • Powder

    • Solvent Borne

    • Water Borne

  • Base Coat

    • Powder

    • Solvent Borne

    • Water Borne

  • Clear Coat/Topcoat

    • Powder

    • Solvent Borne

    • Water Borne

By Vehicle Type:

  • Passenger Cars

    • Compact

    • Mid-Size

    • SUVs

    • Luxury

  • LCVs

  • HCVs

By Sales Channel:

By Region:

  • North America

  • Latin America

  • Europe

  • East Asia

  • South Asia & Pacific

  • Middle East & Africa

Ask an Analyst @

More Insights into the Automotive Wheel Coatings Market

Over the last few years, China is anticipated to dominate the global chemical manufacturing industry attributing to its low labor costs, rapid investments, flexible government regulations, enormous supply chains, and easy availability of raw materials. Growth in the manufacturing industry has also flourished in end-use industries that cater to the cumulative growth of China as the biggest raw material manufacturer and consumer.

Have a Look at Latest Reports of Chemicals & Materials Domain

Bamboos Market Share: Expanding at a CAGR of 10.8% the global sales of Bamboos is expected to increase from a valuation of US$ 5,326.8 Mn in 2021 to US$ 12,204.5 Mn by the end of 2029.

Elemental Sulfur Market Size: The global demand is projected to accelerate at a 3% CAGR, with the elemental sulphur market size reaching US$ 6.27 Bn in 2021.

Chemical Testing Services Market Trends: The global chemical testing services market size is estimated to be valued at around US$ 29,267.65 Mn in 2022, and is further projected to reach US$ 49,521.5 Mn by the end of 2032.

Synthetic Leather Market Outlook: The global synthetic leather market is expected to have garnered a market value of US$ 27.92 Billion in 2022 and is expected to accumulate a market value of US$ 50 Billion by registering a CAGR of 6% in the forecast period 2022-2032.

Coating Additives Market Demand: The global coating additives market was valued at around US$ 10,613.3 Mn in 2021 and is anticipated to reach US$ 17,724.8 Mn by 2032.

Paint Additives Market Growth: Global demand for the paint additives market is expected to register a CAGR of 4.6% by accumulating a market value of US$ 14,877.8 Million by the end of 2032.

Polymer Coated Fabrics Market Type: The global polymer coated fabrics market size is set to be valued at around US$ 20,733.90 Mn in 2022 and is anticipated to progress at a healthy CAGR of 5.1% from 2022 to 2032.

Asphalt Shingles Market Analysis Forecast: North America, followed by Europe, is predicted to pick up pace and eventually dominate the global market in terms of asphalt shingles through 2030.

Acid Proof Lining Market Sale: The global acid proof lining market size is projected to reach a valuation of US$ 11,896.7 Mn in 2032 and exhibit growth at a CAGR of 6.2% in the forecast period from 2022 to 2032.

Friction Modifier Additives Market Value: Overall sales of friction modifier additives are expected to rise at 4.3% CAGR from 2022 to 2032, reaching a valuation of US$ 2,363.1 Mn by 2032.

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.


Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected]
Browse latest Market Reports:

SOURCE: Future Market Insights Inc.

View source version on


Leave a Reply

Your email address will not be published. Required fields are marked *