Global Automotive OEM Coatings Market 2018-2022

Global Automotive OEM Coatings Industry Overview

The demand for waterborne coatings is increasing at a rapid pace in the global market. Waterborne coatings are used as primers as they offer excellent resistance to heat and abrasion. These coatings are less toxic and flammable because of their low VOC levels and hazardous air pollutants emissions. Unlike solvent-borne coatings, waterborne coatings are cost effective as they do not require additives, thinners, or hardeners. Additionally, these coatings release fewer organic compounds and have a lesser environmental impact. As a result, the demand for waterborne is significantly increasing, thus driving the automotive OEM coatings market growth during the forecast period.

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Top automotive OEM coatings manufacturers covered in this report

The automotive OEM coatings market is fragmented due to the presence of a large number of vendors. The market is currently in its growth phase and exposed to opportunities and innovations. Emergence of self-cleaning and self-healing coatings is keeping the companies in the market competitive. This OEM coatings industry analysis report will aid clients in identifying new growth opportunities and designing new growth strategies.  

The report offers a complete analysis of automotive OEM coatings companies including:

• Akzo Nobel
• Axalta Coating Systems
• BASF
• Covestro
• Kansai Paint
• Nippon Paint Holdings
• PPG Industries

Automotive OEM coatings market growth based on geographic regions:

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the APAC region will feature the maximum growth and share of the automotive OEM coatings market through the predicted period. Growth in this region is attributed to the remarkable growth in the automotive industry in APAC.

Automotive OEM coatings market growth based on technology:

• Water-borne
• Solvent-borne
• Powdered coatings
• UV-cured

According to our market research experts, the waterborne segment will account for the maximum growth of the market. Growth in this segment is attributed to the demand for waterborne coatings due to its significant usage in automobiles. Additionally, the report provides an accurate prediction of the contribution of the various technology segments in the growth of the automotive OEM coatings market size.

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Key highlights of the global automotive OEM coatings market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the automotive OEM coatings market during the next five years
• Precise estimation of the global automotive OEM coatings size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the OEM coatings industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of automotive OEM coatings companies

What’s your takeaway?

This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global automotive OEM coatings market and its stakeholders over the forecast years.

Market research analysts at Technavio consider how the performance of other related markets in the vertical will impact automotive OEM coatings market size till 2022. Some of the markets most likely to influence the growth of the automotive OEM coatings market over the coming years are the industrial coatings market and the automotive refinish coatings market.

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