Global Original Equipment Manufacturer Coatings Market – Industry Trends and Forecast to 2028

  • Chemical and Materials
  • Upcoming Report
  • Jan 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Original Equipment Manufacturer Coatings Market, By Type (Waterborne, Solvent-Borne, Powdered, Others), Layer (Basecoat, Clearcoat, Electrocoat, Primer), Vehicle Type (Heavy Commercial Vehicles (HCV), Light Commercial Vehicles (LCV), Passenger Cars, Others), End-Use Industry (Transportation, Consumer Products, Heavy Equipment & Machinery), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Original Equipment Manufacturer Coatings Market Market Analysis and Insights : Global Original Equipment Manufacturer Coatings Market

Original equipment manufacturer coatings market will grow at a rate of 4.48% for the forecast period of 2021 to 2028. High growth in automotive OEM market is a vital factor driving the growth of original equipment manufacturer coatings market.

OEM coatings can be defined as the coatings that are used in the process/application on the substrate or material while integrating other companies’ products. These coatings are essentially used by the paint applying companies for surface curing and then the paint is applied on the particular substrate or metal, which is then sold forward.

Rising technological advancements in OEM coatings is the vital factor escalating the market growth, also rising significant amount of demand from the automobile and transportation industry, increasing developments and advancements in the market of OEM coatings, growing need from consumers and thereby increasing vehicle production, rising industrialization increasing the demand for light commercial vehicles, increasing disposable incomes, increase in the public transportation expenditure and rising adaption of the automotive coating by end-users are the major factors among others driving the original equipment manufacturer coatings market. Moreover, rising development of faster curing and low VOC emitting coatings, rising technological advancements and increasing modernization and increasing research and development activities in the market will further create new opportunities for the original equipment manufacturer coatings market in the forecast period of 2021- 2028.

However, increase amounts of VOC emissions during the production process and high amounts of VOC contents in the product and increasing regulations by the authorities regarding the VOC emissions have induced technological advancements, through which the need for coatings is declining due to the introduction of coating-free surfaces & substrates are the major factors among others acting as restraints, while rising development of coating-free surfaces will further challenge the growth of original equipment manufacturer coatings market in the forecast period mentioned above.

This original equipment manufacturer coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on original equipment manufacturer coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an original equipment manufacturer coatings market decision to achieve market growth.

Original Equipment Manufacturer Coatings Market Scope and Market Size

Original equipment manufacturer coatings market is segmented on the basis of type, layer, vehicle type and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • Based on type, the original equipment manufacturer coatings market is segmented into waterborne, solvent-borne, powdered and others.
  • Based on layer, the original equipment manufacturer coatings market is segmented into basecoat, clearcoat, electrocoat and primer.
  • On the basis of vehicle type, the original equipment manufacturer coatings market is segmented into heavy commercial vehicles (HCV), light commercial vehicles (LCV), passenger cars and others.
  • The original equipment manufacturer coatings market is also segmented on the basis of end-use industry into transportation, consumer products and heavy equipment & machinery.

Original Equipment Manufacturer Coatings Market Country Level Analysis

Original equipment manufacturer coatings market is analysed and market size, volume information is provided by country, type, layer, vehicle type and end-use industry as referenced above.

The countries covered in the original equipment manufacturer coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the original equipment manufacturer coatings market due to increase in demand from the automotive industry, increasing significant amount of demand from the automobile and transportation industry, increasing developments and advancements in the market of OEM coatings, growing need from consumers and thereby increasing vehicle production and rising industrialization increasing the demand for light commercial vehicles in this region.

The country section of the original equipment manufacturer coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Original Equipment Manufacturer Coatings Market Share Analysis

Original equipment manufacturer coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to original equipment manufacturer coatings market.

The major players covered in the original equipment manufacturer coatings market report are PPG Industries Inc., Akzo Nobel N.V., Axalta Coating Systems LLC, The Sherwin-Williams Company, The Valspar Corporation, Jotun, 3M, BASF SE, Nippon Paint Holdings Co. Ltd., Kansai Paint Co.Ltd., Henkel Adhesives Technologies India Private Limited, Merck KGaA, Berger Paints India Limited, Sika AG, National Paints Factories Co. Ltd., HEMPEL A/S, DAW SE, KCC CORPORATION, Chugoku Marine Paints Ltd., Beckers Group, Carboline Company, SK Kaken Co. Ltd., and SHAWCOR among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Original Equipment Manufacturer Coatings Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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