OEM Coatings Market to Grow with a CAGR of 4.80% through 2030
Growth in automotive industry and surge in technological advancements are expected to drive the Global Oem Coatings Market growth in the forecast period, 2026-2030
According to TechSci Research report, “OEM Coatings
Market – Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F”, the Global Oem Coatings Market stood at USD 75.33 Billion in 2024 and is anticipated to grow with a CAGR of 4.80% in the forecast
period, 2026-2030.
Government-led initiatives in the OEM coatings sector have created favorable market conditions, driving growth in the global OEM coatings market. Several factors are influencing the expansion of different OEM coating products, particularly in response to shifts in the automotive manufacturing landscape. The U.S. automotive sector has experienced a notable downturn, with production declining by 16% in 2021 compared to the previous year. This contraction has raised concerns about the industry's long-term viability and economic impact. In response, the government has introduced targeted measures to revitalize automotive manufacturing, including financial incentives, policy reforms, and investments in innovation-driven infrastructure. These initiatives aim to enhance production efficiency, support R&D, and strengthen collaboration among industry stakeholders.
One key initiative spearheaded by the U.S. Department of Energy is the development of a low-energy, high-productivity automotive coating system. This project focuses on optimizing material application and process efficiency to reduce manufacturing costs while improving sustainability. By integrating advanced materials and energy-efficient techniques, this initiative aligns with broader industry trends favoring eco-friendly coatings that minimize environmental impact while enhancing production output. Polyurethane coatings have gained significant traction due to their superior performance characteristics. These coatings offer high impact resistance, chemical and water repellency, UV stability, and flexibility at low temperatures, making them indispensable across multiple industries.
Automotive & Transportation: Enhancing durability and resistance to wear. Aerospace: Providing lightweight yet highly resilient coatings. Industrial & Electronics: Ensuring protection against harsh environmental conditions. Wood & Furniture: Offering superior mar and abrasion resistance. Construction: Contributing to weatherproofing and structural longevity.
Given their extensive applications, polyurethane coatings are expected to drive market growth in the coming years, with demand rising across industrial and consumer sectors. The coatings industry's shift toward sustainable, high-performance solutions continues to shape innovation and market expansion globally.
Browse over XX
market data Figures spread through XX Pages and an in-depth TOC on "Global Oem Coatings Market”
The Global OEM Coatings Market is segmented into type, application, regional distribution, and
company.
Based on its application, The transportation segment is projected to experience rapid growth during the forecast period. OEM coatings play a crucial role in the transportation industry, especially in automotive manufacturing. These coatings not only protect vehicles from environmental elements but also provide an extra layer of defense against scratches, corrosion, and UV damage. Moreover, they enhance the aesthetic appeal of vehicles, making them more visually appealing and desirable to consumers. By extending the longevity of vehicles, OEM coatings contribute to reducing the overall environmental impact of the automotive industry. Technological advancements in the transportation sector have significantly impacted the growth of the OEM coatings market. With the rapid development of electric and autonomous vehicles, the requirements for coatings have evolved. The rise of electric vehicles has brought about the need for specialized thermal management coatings that can effectively dissipate heat generated by batteries and powertrain components. Additionally, autonomous vehicles require coatings that are compatible with various sensors and LiDAR systems, ensuring optimal performance and accuracy. As a result, the demand for advanced and specialized OEM coatings has witnessed a substantial increase, driving innovation and further development in this industry.
Based on region, North America is poised to witness fastest growing region in the Global OEM Market. The automotive sector remains a major driver of OEM coatings demand in North America, with rising vehicle production, EV adoption, and stringent environmental regulations fueling the need for advanced coating solutions. Additionally, the industrial sector, including aerospace, machinery, and electronics, continues to expand, further driving demand for high-performance coatings. The U.S. Department of Energy and Environmental Protection Agency (EPA) have introduced policy incentives and R&D investments aimed at fostering low-VOC, energy-efficient, and sustainable coatings. These initiatives encourage OEM manufacturers to adopt eco-friendly coating technologies, positioning North America as a leader in next-generation coatings development. OEM manufacturers in North America are increasingly adopting AI-driven automation, robotics, and digitalized coating processes to enhance efficiency and reduce costs. This technological shift is enabling faster production cycles and higher-quality coatings, strengthening the region’s market position.
Major companies operating in Global Oem Coatings
Market are:
- The Lubrizol Corporation
- BASF SE
- Kao Corporation
- PPG Industries, Inc.
- Hempel A/S
- Jotun A/S
- The Sherwin-Williams Company
- Akzo Nobel N.V.
- Nippon Paint Holdings Co., Ltd
- Allnex GMBH
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“Growing application of oem coatings in various end
user industries are key drivers of the oem coatings market. Growth in competitive
landscape and presence of well-established companies in the market who are
dedicated to enhance their productivity of oem coatings with every passing year
are anticipated to register an impressive growth to Global Oem Coatings Market in
the forecast period.,” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“OEM Coatings Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Powder Coatings, Water-borne Coatings, Solvent-borne Coatings, Radiation Curable Coatings), By Application (Transportation, Consumer Products, Heavy Equipment, Machinery), By Region and Competition, 2020-2030F”, has evaluated
the future growth potential of Global Oem Coatings Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Oem Coatings Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com