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OEM Coatings Global Market Report 2025: Market Size, Growth Trends, and Industry Leaders
Bolstered by industry growth and stringent regulations, the OEM coatings market is set to expand at a CAGR of 6.0% from $73.99 billion in 2024 to $78.39 billion in 2025, and further to $101.13 billion in 2029 at a CAGR of 6.6%.What Is The Projected Market Size Of The Global OEM Coatings Global Market Report 2025 And Its Growth Rate?
• The OEM coatings market stood at $73.99 billion in 2024.
• The market is slated to grow to $78.39 billion in 2025, marking a CAGR of 6.0%.
• By 2029, the market is forecasted to expand to $101.13 billion, representing a CAGR of 6.6%.
• Historic growth factors include automotive industry growth, increasing manufacturing activities, stringent environmental regulations, and demand for high-performance coatings.
• Forecast growth factors include demand for bio-based and sustainable coatings, advancements in waterborne coatings, customization and color trends, expansion of aerospace industry, and growth in the renewable energy sector.
What Is Driving The Growth In The OEM Coatings Global Market Report 2025?
Demand from end-use industries such as the automotive and consumer electronics sectors is driving the growth of the OEM coatings market. OEM coatings, which are utilized in the production process or application on the substrate while integrating products from other companies, lower costs and enhance performance, thus increasing their demand. A key example is the growth of the EU car market, which expanded robustly by 13.9% in 2023, reaching a volume of 10.5 million units according to the European Automobile Manufacturers' Association.
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Who Are the Key Players Driving OEM Coatings Global Market Report 2025 Growth?
• PPG Industries Inc.
• Akzo Nobel N.V.
• The Sherwin-Williams Company
• The Valspar Corporation
• Axalta Coating Systems Ltd.
• Jotun
• BASF SE
• Nippon Paint Holdings Co. Ltd.
• Kansai Paint Co. Ltd.
• 3M Company
• DuPont
• Taralac
• US Coatings
• Allnex
• Reliable Paints
• Arkema S.A.
• Berger Paints India Ltd.
• Covestro AG
• Dymax Corporation
• Eastman Chemical Company
• HMG Paints Ltd.
• KAPCI Coatings
• KCC Corporation
• Krylon Industrial
• Lord Corporation
• RPM International Inc.
• Sika AG
• Solvay S.A.
• The Chemours Company
• Tiger Coatings GmbH & Co. KG
What Are The Key Trends In The OEM Coatings Global Market Report 2025?
• Adoption of smart coating technologies
• Rising demand for UV-cured coatings
• Integration of digitalization and industry 4.0
• Strategic collaborations and partnerships
• Focus on anti-microbial and hygienic coatings
• Regulatory compliance and VOC reduction
What Are The Segments Of The Global OEM Coatings Global Market Report 2025?
• By Types: Powder Coatings, Water-Borne Coatings, Solvent-Borne Coatings, Radiation Curable Coating
• By Application: Automotive, Wood Or Non-Wood Furniture, Metal Building Finishes, Paper And Paperboard, Electrical Insulation, Other Applications
• By End - Use: Transportation, Consumer Products, Heavy Equipments And Machinery, Other End-Users
Which Region Leads The OEM Coatings Global Market Report 2025?
In 2024, Asia-Pacific was the largest region in the OEM coatings market. The regions covered in the OEM coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The OEM Coatings Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the OEM Coatings Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the OEM Coatings Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall OEM Coatings Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the OEM Coatings Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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