OEM Coatings Market 2016 Business Analysis, New Innovation | Size, Revenue and Forecast To 2028

According to the latest report by Quince Market Insights, the OEM Coatings Market is expected to promise high growth due to the growing demand in recent years for personal and home care products. Increasing demand from end-use industries is expected to drive market growth including transportation, heavy machinery and equipment, consumer products and others.

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What are and what are their applications and uses?

OEM coatings are revolutionary technology coatings made by durable goods producers. These coatings act as protective coatings and give the coated product a decorative finish. Also, these coatings are the coatings the manufacturer applies to their products to protect them from external damage, as well as offering the products a decorative finish. These coatings prevent the damage and maintenance of the items on which the product is applied.

OEM Coatings are resistant to moisture dust and therefore the lifespan of the surface of the manufactured products is increased. They find applications in transportation activities such as in wooden furniture, automobile, electronic appliances, and others. The various types of OEM coatings available are powder coating, solvent-borne coatings, water-borne coating, and others among which the most dominant on the market is powder coating.

Segment Insights for a clear understanding of this market and its growth prospects

The improved life, finish and performance of the products on the application of OEM coating is the driving force for the growth of the market for OEM coatings. In addition, toxicity-related environmental concerns and certain policies of the government are key factors in changing use from solvent-borne coating to water-borne and powder-coating, thereby providing a major boost to the powder coating applications.

Some of the key Impact Factors:
o Increasing demand for personal and home care products
o Better lifespan and performance of products
o Growing population and government regulations

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Axalta Coating Systems Ltd.
2. PPG Industries Inc.
3. Akzo Nobel N.V.
4. The Sherwin-Williams Company
5. The Valspar Corporation

Regional fragmentation to understand growth patterns

Based on the region, the OEM Coatings market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. Some of the major markets in North America and Western Europe are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major North American and Western European firms are headquartered in this market. This region has witnessed a number of transitions from end-use industries in terms of the manufacture of chemicals and their respective end-use applications. In developing the green alternatives in these regions, preference for bio-based feedstock has been instrumental. In addition, government bodies have imposed stringent guidelines on environmental concerns and potential health hazards due to exposures. This has been more influential in the competitive Western Europe region. Some of these regions ' major economies include the US, Germany, the UK, France, Canada, Italy, Spain and so on.

The Asia Pacific and the Middle East are expected to register considerable growth in the OEM Coatings market during the forecast period. This demand is for the growth of major end-use industries such as transport, heavy machinery and equipment, consumer products and others. Asia-Pacific countries include China, South Korea, Japan, India, Australia, etc. The Middle East comprises of the UAE, Saudi Arabia, Iran, Israel, Egypt, etc. Eastern Europe was largely dominated by Russia and Turkey, with major chemical giants operating in the region. Rest the world which includes South America and Africa has strong potential for the demand of OEM coatings.

Global companies have steadily invested in these regions to improve their presence and to access the potential market. Major economies for the OEM coatings market in these regions include Brazil, South Africa, Nigeria, Argentina, Colombia and many others.

Market Segmentation:

o By Application:
o Powder Coating
o Water-Borne Coating
o Solvent-Borne Coating
o Radiation Curable Coating
o Others

o By End-Use Industry:
o Transportation
o Heavy Machinery
o Equipment
o Consumer Products
o Others

o By Region:
o North America
o By Country (US, Canada, Mexico)
o By Application
o By End-Use Industry
o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Application
o By End-Use Industry
o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Application
o By End-Use Industry
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Application
o By End-Use Industry
o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Application
o By End-Use Industry
o Rest of the World
o By Region (South America, Africa)
o By Application
o By End-Use Industry

Reasons to buy this report:

o Market size estimation of OEM coatings market on a regional and global basis
o The unique research design for market size estimation and forecasts
o Profiling of the major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet the specific requirements:
o By segment
o By sub-segment
o By region/ country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.