Why Automotive Refinish Coatings is Getting Popular in Indonesia

The automotive industry in Indonesia is growing rapidly, accompanied by an increasing need for high-quality automotive refinish coatings. These coatings play an important role in transforming the appearance of vehicles, providing protection against environmental factors, and preserving their value. Whether it's repairing damage, refreshing the paint job, or appearance customization, these coatings are essential in revitalizing and maintaining the aesthetics of vehicles.

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Product Type of Automotive Refinish Coatings

Primer

Primers are implemented to create a surface for coating. It protects the automobile from temperature differences, corrosion, stone chips, bumps, UV light, and more. It also makes the paints easily stick to the surface. With primer, a further wide-ranging variety of paints can be used.

Basecoat

After the primer coat, the base coat is applied. This coat comprises the visual properties of effects and colors and is generally the one denoted as the paint. In automotive applications, basecoat is typically categorized into three types: metallic, solid, and pearlescent pigments.

Clearcoats

Clearcoat is the most used type of automotive refinish coating in Indonesia, it is a transparent and glossy coating, typically sprayed above a colored basecoat, and it offers effective protection against harmful external influences. Clearcoat can be either water-borne or solvent. It is also the layer that makes the vehicle shine.

Benefits of Automotive Refinish Coatings

Enhanced Appearance and Color Matching

Automotive refinish coatings provide a wide range of color options, allowing for accurate color matching with the original paint of the vehicles. This ensures a seamless repair and a consistent look across different parts of the vehicle.

Increases Resale Value

When selling a vehicle, the exterior appearance often set the first impression of the vehicle to the buyers. Even tiny scratches or faded paint can reduce the value of the vehicle. But, with proper refinish coatings the vehicle can be as new as brand new. Therefore, enhancing the resale value of the vehicle.

It is because of the increasing disposable income, growing count of vehicle accidents or collisions, and increasing average age of vehicles in Indonesia, the requirement for automotive refinish coatings will continue to rise in the years to come.

Indonesia Automotive Refinish Coatings Market | Industry Report, 2023

The Indonesian automotive refinish coatings market was valued at $240.2 million in 2017 and is projected to reach $336.6 million by 2023, witnessing a CAGR of 4.9% during the forecast period.