Market Overview:
The global OEM coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for coatings from transportation, consumer products, heavy equipment, and machinery applications. In terms of type, powder coatings are expected to witness the highest growth during the forecast period owing to their properties such as durability and resistance to corrosion. In terms of region, Asia Pacific is expected to lead the market with a highest CAGR during the forecast period followed by Europe and North America.
Product Definition:
OEM coatings are high-quality, specialized paint finishes that are applied by the original equipment manufacturer (OEM) of a vehicle or product. OEM coatings provide a superior level of protection and durability for vehicles and products, and can be used to create unique visual effects.
Powder Coatings:
Powder coatings are solid or liquid coating materials that are applied to a substrate by means of a brush, air gun, sprayer or roller. Powder coatings have low viscosity and exhibit high flow characteristics which make them suitable for use in powder-based paints. The most commonly used raw materials include aluminum, titanium dioxide and zinc.
The global market is expected to witness significant growth owing to the increasing demand from end-use industries such as automotive & transportation.
Water-borne Coatings:
Water-borne coatings are widely used in the OEM coatings market owing to its properties such as excellent adhesion, corrosion resistance and high flexibility. It is also cost effective as compared to solvent-borne coating which makes it more preferable for large scale use. Water-based coating is a type of paints that are applied using water or a mixture of water and chemicals with the help of spray, brush or roller.
Application Insights:
The transportation application segment led the global OEM coatings market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rising demand for automotive paints owing to their superior properties including corrosion resistance, hardness, adhesion and abrasion resistance is expected to drive the product demand in this segment.
OEMs use various processes such as powder coating process and water-borne process along with solvent-borne process for manufacturing automotive paints. The growing importance of color consistency while producing cars that appeal to a consumer's aesthetic sense is expected to have a positive impact on industry growth over the coming years. In addition, increasing utilization of lightweight materials has increased car manufacturers' focus on using these products in order to reduce vehicle weight which further boosts product consumption globally.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region is attributed to rapid industrialization, rising per capita income, expanding manufacturing sector, and favorable government policies. China emerged as a global leader in many industries including transportation equipment & components, consumer electronics products such as smartphones and laptops among others.
The country’s rapid urbanization has resulted in growing construction activities which will drive product demand further.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Rising demand for environmentally friendly coatings
- Growing popularity of powder coatings
- Advances in coating technologies
- Increasing use of nanotechnology in coatings
Scope Of The Report
Report Attributes
Report Details
Report Title
OEM Coatings Market Research Report
By Type
Powder Coatings, Water-borne Coatings, Solvent-borne Coatings, Radiation Curable Coatings
By Application
Transportation, Consumer Products, Heavy Equipment, Machinery
By Companies
PPG Industries, Akzo Nobel, Axalta Coatings Systems, The Sherwin-Williams, The Valspar, Jotun, 3M, BASF, Nippon Paints, Kansai Paint, PPG Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global OEM Coatings Market Report Segments:
The global OEM Coatings market is segmented on the basis of:
Types
Powder Coatings, Water-borne Coatings, Solvent-borne Coatings, Radiation Curable Coatings
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Consumer Products, Heavy Equipment, Machinery
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG Industries
- Akzo Nobel
- Axalta Coatings Systems
- The Sherwin-Williams
- The Valspar
- Jotun
- 3M
- BASF
- Nippon Paints
- Kansai Paint
- PPG Industries
Highlights of The OEM Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder Coatings
- Water-borne Coatings
- Solvent-borne Coatings
- Radiation Curable Coatings
- By Application:
- Transportation
- Consumer Products
- Heavy Equipment
- Machinery
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the OEM Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
OEM coatings are a type of coating that is applied to products by the manufacturer. OEM coatings are often used on products that will be sold in the commercial market, such as automobiles and electronics.
Some of the major companies in the oem coatings market are PPG Industries, Akzo Nobel, Axalta Coatings Systems, The Sherwin-Williams, The Valspar, Jotun, 3M, BASF, Nippon Paints, Kansai Paint, PPG Industries.
The oem coatings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 OEM Coatings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 OEM Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 OEM Coatings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the OEM Coatings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global OEM Coatings Market Size & Forecast, 2018-2028
4.5.1 OEM Coatings Market Size and Y-o-Y Growth
4.5.2 OEM Coatings Market Absolute $ Opportunity
Chapter 5 Global OEM Coatings Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 OEM Coatings Market Size Forecast by Type
5.2.1 Powder Coatings
5.2.2 Water-borne Coatings
5.2.3 Solvent-borne Coatings
5.2.4 Radiation Curable Coatings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global OEM Coatings Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 OEM Coatings Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Consumer Products
6.2.3 Heavy Equipment
6.2.4 Machinery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global OEM Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 OEM Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America OEM Coatings Analysis and Forecast
9.1 Introduction
9.2 North America OEM Coatings Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America OEM Coatings Market Size Forecast by Type
9.6.1 Powder Coatings
9.6.2 Water-borne Coatings
9.6.3 Solvent-borne Coatings
9.6.4 Radiation Curable Coatings
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America OEM Coatings Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Consumer Products
9.10.3 Heavy Equipment
9.10.4 Machinery
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe OEM Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe OEM Coatings Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe OEM Coatings Market Size Forecast by Type
10.6.1 Powder Coatings
10.6.2 Water-borne Coatings
10.6.3 Solvent-borne Coatings
10.6.4 Radiation Curable Coatings
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe OEM Coatings Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Consumer Products
10.10.3 Heavy Equipment
10.10.4 Machinery
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific OEM Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific OEM Coatings Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific OEM Coatings Market Size Forecast by Type
11.6.1 Powder Coatings
11.6.2 Water-borne Coatings
11.6.3 Solvent-borne Coatings
11.6.4 Radiation Curable Coatings
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific OEM Coatings Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Consumer Products
11.10.3 Heavy Equipment
11.10.4 Machinery
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America OEM Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America OEM Coatings Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America OEM Coatings Market Size Forecast by Type
12.6.1 Powder Coatings
12.6.2 Water-borne Coatings
12.6.3 Solvent-borne Coatings
12.6.4 Radiation Curable Coatings
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America OEM Coatings Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Consumer Products
12.10.3 Heavy Equipment
12.10.4 Machinery
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) OEM Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) OEM Coatings Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) OEM Coatings Market Size Forecast by Type
13.6.1 Powder Coatings
13.6.2 Water-borne Coatings
13.6.3 Solvent-borne Coatings
13.6.4 Radiation Curable Coatings
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) OEM Coatings Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Consumer Products
13.10.3 Heavy Equipment
13.10.4 Machinery
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 OEM Coatings Market: Competitive Dashboard
14.2 Global OEM Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG Industries
14.3.2 Akzo Nobel
14.3.3 Axalta Coatings Systems
14.3.4 The Sherwin-Williams
14.3.5 The Valspar
14.3.6 Jotun
14.3.7 3M
14.3.8 BASF
14.3.9 Nippon Paints
14.3.10 Kansai Paint
14.3.11 PPG Industries
