Press release
Automotive OEM Coatings Market Set to Reach USD 13.34 Billion by 2031 | Evonik, Axalta Coating Systems, PPG
Automotive OEM Coatings Market Summary -According to QYResearch New Study Report 'Automotive OEM Coatings Market 2025' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Automotive OEM Coatings market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Automotive OEM Coatings market.
The global market for Automotive OEM Coatings was estimated to be worth US$ 10.59 billion in 2024 and is forecast to a readjusted size of US$ 13.34 billion by 2031 with a CAGR of 3.4% during the forecast period 2025-2031.
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Automotive coatings are used to coat the surfaces of automobiles and exemplify the futuristic technologies, which are capable of manufacturing durable surfaces, maximizing overall efficiency while meeting environmental norms. Moreover, they enhance the overall durability and appearance of a vehicle and also safeguard it from UV radiation, extreme temperature, and foreign particles. This report study the automotive OEM coatings
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Automotive OEM Coatings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive OEM Coatings.
Top Market Players
According to the QY Research report, leading global companies in the Automotive OEM Coatings market include:
BASF
Evonik
Axalta Coating Systems
PPG
Nippon Paint
Kansai Paint
AkzoNobel
Sherwin-Williams Company
Covestro AG
Arkema SA
Beckers Group
Berger Paints India Limited
Eastman
Clariant AG
Royal DSM
Lord Corporation
Companies are selected based on parameters such as: -
> Revenue generation
> Manufacturing facilities
> R&D investments
> Market share and innovation pipeline
> Geographical presence
Market Drivers and Barriers:-
Automotive OEM Coatings market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the Automotive OEM Coatings business. Another hurdle to the Automotive OEM Coatings market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.
Global Automotive OEM Coatings Market Trends:
Automotive OEM Coatings The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Automotive OEM Coatings products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Automotive OEM Coatings chemical and material products and the establishment Automotive OEM Coatings of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Methods of Research:-
The report has its roots truly set in thorough techniques provided with the aid of proficient facts analysts. the study's methodology includes the collection of information through analysts simplest to have them studied and filtered thoroughly in an try to provide good sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace. Each number one and secondary techniques to data collection were used. In addition to these, publicly available assets together with annual reviews, and white papers had been utilized by records analysts for an insightful know-how of the marketplace.
Detailed of Automotive OEM Coatings Market Segmentation: -
Our market analysts are experts in deeply segmenting the global Automotive OEM Coatings market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Automotive OEM Coatings market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Automotive OEM Coatings market and plan powerful business tactics to secure a position of strength in the industry.
Segmentation By Type :-
Solvent-Borne
Waterborne
Powdered
Segmentation By Application : -
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Regional Insights -
The report gives a broad explanation about the presence of the Automotive OEM Coatings market in different regions and countries. With an extensive regional analysis of the Automotive OEM Coatings market, the research analysts make an attempt to unveil hidden growth prospects available for players in different parts of the world. They accurately estimate market share, CAGR, production, consumption, price, revenue, and other crucial factors that indicate the growth of regional markets studied in the report. They also shed light on the presence of prominent players in regional markets, and how it is making a difference in the growth of the regional markets.
By Region
United States
Canada
Mexico
Brazil
China
APAC
Japan
South Korea
China
ASEAN
India
EMEA
Europe
Middle East
Africa
Request for Pre-Order Enquiry On This Exclusive Report @ https://www.qyresearch.com/customize/4211510
Key Features Of The Study:-
ᗒ This report provides in-depth analysis of the global Automotive OEM Coatings market, and provides market size (us$ million) and cagr for the forecast period (205-2031), considering 2023 as the base year.
ᗒ This report profiles key players in the global Automotive OEM Coatings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive OEM Coatings sales data, market share and ranking.
ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
ᗒ The global Automotive OEM Coatings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Important questions answered in the report includes of:
ᗒ How will the market for the Automotive OEM Coatings Market industry grow in 2025?
ᗒ Which well-known major companies will drive the market's growth?
ᗒ Which size of business held the biggest market share for data centre?
ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2031 forecast period?
ᗒ What is the primary factor driving the market's expansion?
ᗒ In the market, which region held the highest market share?
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QY Research, INC.
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Los Angeles, CA - 91748
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About Us:
QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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