Precision Business Insights has published a report on the global automotive OEM coatings market, estimating its value at USD 16,359.4 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/automotive-oem-coatings-market
The Automotive OEM Coatings Market is a subset of the coatings business that focuses on paints and protective layers used during the initial production of cars. These coatings provide both practical and cosmetic benefits, protecting car surfaces against corrosion, UV radiation, severe temperatures, and environmental toxins while also improving visual attractiveness.
Drivers:
- Rising vehicle demand, especially in emerging economies, fuels OEM coating consumption.
- Increasing preference for unique colors, textures, and long-lasting gloss drives basecoat and clearcoat innovation.
The global automotive OEM coatings market segmentation:
1) By Product Type: Basecoat, Clearcoat, Primer, E-coat, Others
2) By Resin: Acrylic, Epoxy, Alkyd, Polyurethane, Others
3) By Technology: Solvent-Borne, Waterborne, UV Cured, Powder Coatings, High Solid Coatings
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Regional Overview:
The report also examines the current concerns and their Future Effects on the automotive OEM coatings market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the automotive OEM coatings market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like BASF SE, PPG Industries Inc., Axalta Coating Systems Ltd., Kansai Paint Co. Ltd., KCC Corporation, Akzo Nobel N.V., Nippon Paints Holdings Co. Ltd., Berger Paints India Ltd., Covestro AG, Esdee Paints Ltd., The Sherwin-Williams Company, Lubrizol Corporation
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