Global OEM Coatings Market, by Application (Powder Coating, Solvent-Borne Coating, Water-Borne Coati

Published Date: | Report Code : CH191968


The OEM Coatings Market is expected to promise high growth owing to the increasing demand for personal and home care products in recent years. Increasing demand from End-Use Industries including transportation, heavy machinery and equipment, consumer products and others is expected to drive the growth of the market. 

Original Equipment Manufacturer (OEM) coatings are the coatings that the manufacturer applies on their products to protect them from external damage and also offer a decorative finish to the products. These coatings prevent the damage and wear and tear of the product items on which they are applied. OEM Coatings are resistant to moisture dust and corrosion thus increases the lifespan of the surface of the manufactured products. They find applications in transportation activities such as automobile, in wooden furniture, electronic appliances, and others. The various types of OEM coatings available are powder coating, water-borne coating, solvent-borne coatings, and others among which powder coating is the most dominant in the market.

Segment Insights

The improved life, finish and performance of the products on OEM coating application is the major driver for the growth of the original equipment manufacturer (OEM) coatings market. Also, environmental concerns related to toxicity and certain government policies are the key factors for the shifting of usage from solvent-borne coating to water-borne and powder coating thus a major boost to the powder coating applications.

Some of the key Impact Factors:

  • Increasing demand for personal and home care products
  • Better lifespan and performance of products
  • Growing population and government regulations

Regional Analysis

On the basis of the region, the OEM Coatings market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

 The Asia Pacific and the Middle East are expected to register substantial growth in the OEM Coatings market during the forecast period. This demand is with regard to the growth of major end-use industries such as transportation, heavy machinery and equipment, consumer products and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the OEM coatings market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the OEM coatings market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: PPG Industries Inc., Akzo Nobel N.V., The Sherwin-Williams Company, The Valspar Corporation, Axalta Coating Systems Ltd.

Market Segmentation:

By Application:

  • Powder Coating
  • Water-Borne Coating
  • Solvent-Borne Coating
  • Radiation Curable Coating
  • Others

By End-Use Industry:

  • Transportation
  • Heavy Machinery
  • Equipment
  • Consumer Products
  • Others

By Region:

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

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  • Profiling of the major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market


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