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Automotive OEM Coatings Market by Type, by Layer, by Vehicle Type, Heavy Commercial Vehicles, and Others - Global Opportunity Analysis and Industry Forecast, 2020-2030

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    Report

  • 520 Pages
  • April 2020
  • Region: Global
  • Next Move Strategy Consulting
  • ID: 5206338
Market Definition:

The Global Automotive OEM Coatings Market was valued at USD 7.93 billion in 2019 and is estimated to garner USD 13.12 billion by 2030, expanding at a CAGR of 4.6% of during the forecast period, from 2020 and 2030.

Automotive OEM coatings are used to coat the surface of automobiles for the protection of the vehicle surface and enhancement of its aesthetic appearance. These coatings are mainly solvent-based, water-based, and powdered based. They increase the durability of vehicles and offer high protection shield against extreme temperature ranges, intense ultraviolet exposure, acid rain, and other foreign particles.

Market Dynamics and Trends

The growth of the automotive OEM coatings market is attributed to growing demand for commercial utility vehicles, high inclination towards efficient transport, increase in the trend of possessing personal automotive transports and rise in the demand for passenger cars.

However, high cost of raw materials, implementation of strict environmental emission standards, and concerns related to the use of solvent-borne automotive coatings that impose the risk of environmental hazard are impeding the market growth during the forecast period. On the other hand, high preference for light weight vehicles, offering low fuel-consumption and efficiency along with the growing demand for electric and hybrid vehicles, offering lower carbon emissions are expected to create opportunities for the global automotive OEM coatings market.

Market Segmentations and Scope of the Study

The global automotive OEM coatings market is segmented based on type, layer, vehicle type, and geography. On the basis of type, the market is segregated into solvent-borne, water-borne, powdered, and others. In terms of layer, the market is fragmented into primer, basecoat, electrocoat, and clearcoat. Based on vehicle type, the market is divided into passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and others. On the basis of geography, the market is categorized into North America, Europe, Asia-Pacific, and Rest of World (RoW).

Geographical Analysis

North America is expected to account for a major share of the global market during the forecast period owing to the increase in adoption of automotive OEM coatings. Moreover, increase in technological advancements, well-established automotive infrastructures, and high adoption of electronic vehicles are fuelling the market growth in this region.

The market in Asia-Pacific is expected to grow during the forecast period due to the increase in innovation, rise in strategic collaborations between players, and growth in the demand for commercial and light weight vehicles in this region.

Competitive Landscape

Major market players operating in the automotive OEM coatings market are BASF SE, Axalta Coating Systems, PPG Industries, Kansai Paint, Nippon Paint, AkzoNobel, KCC Paint, Sherwin-Williams Company, Arkema SA, and Bayer AG.

In February 2020, Nippon Paint used its first-ever velocity system to paint the car in a single day, at one of its units based in India. The car painted using Spray guns and Nax-Pro preparation was polished using various finishing products. Nippon Paint augmented finishing solutions offer a complete range of paint, preparation, finishing, and maintenance products.

KEY MARKET SEGMENTS:

Global Automotive OEM Coatings Market - By Type
  • Solvent-Borne
  • Waterborne
  • Powdered
  • Others

Global Automotive OEM Coatings Market - By Layer
  • Primer
  • Basecoat
  • Electrocoat
  • Clearcoat

Global Automotive OEM Coatings Market - By Vehicle Type
  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
  • Others (Motorbikes)

Global Automotive OEM Coatings Market - By Geography
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
  • RoW
  • UAE
  • Saudi Arabia
  • South Africa
  • Brazil
  • Remaining Countries

KEY PLAYERS:
  • BASF SE
  • Axalta Coating Systems
  • PPG Industries
  • Kansai Paint
  • Nippon Paint
  • AkzoNobel
  • KCC Paint
  • Sherwin-Williams Company
  • Arkema SA
  • Bayer AG

Table of Contents

1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1 Secondary Research
1.2.2 Data Analysis Framework
1.2.3 Market Size Estimation
1.2.4 Forecasting
1.2.5 Primary Research and Data Validation
2. Market Snapshot, 2019-2030 Million Usd
2.1. Market Snapshot
3. Porter's Five Force Model Analysis
4. Market Dynamics
4.1. Growth Drivers
4.1.1 Driver 1
4.1.2 Driver 2
4.1.3 Driver 3
4.1.4 Driver 4
4.2. Challenges
4.2.1 Challenge 1
4.2.2 Challenge 2
4.3. Opportunities
4.3.1 Opportunity 1
4.3.2 Opportunity 2
5. Global Automotive Oem Coatings Market, by Type
5.1. Overview
5.2. Solvent-Borne
5.2.1 Solvent-Borne Market, by Region
5.2.1.1 North America Solvent-Borne Market, by Country
5.2.1.2 Europe Solvent-Borne Market, by Country
5.2.1.3 Asia-Pacific Solvent-Borne Market, by Country
5.2.1.4 Rest of World Solvent-Borne Market, by Country
5.3. Waterborne
5.3.1 Waterborne Market, by Region
5.3.1.1 North America Waterborne Market, by Country
5.3.1.2 Europe Waterborne Market, by Country
5.3.1.3 Asia-Pacific Waterborne Market, by Country
5.3.1.4 Rest of World Waterborne Market, by Country
5.4. Powdered
5.4.1 Powdered Market, by Region
5.4.1.1 North America Powdered Market, by Country
5.4.1.2 Europe Powdered Market, by Country
5.4.1.3 Asia-Pacific Powdered Market, by Country
5.4.1.4 Rest of World Powdered Market, by Country
5.5. Other Types
5.5.1 Other Types Market, by Region
5.5.1.1 North America Other Types Market, by Country
5.5.1.2 Europe Other Types Market, by Country
5.5.1.3 Asia-Pacific Other Types Market, by Country
5.5.1.4 Rest of World Other Types Market, by Country
6. Global Automotive Oem Coatings Market, by Layer
6.1. Overview
6.2. Primer
6.2.1 Primer Market, by Region
6.2.1.1 North America Primer Market, by Country
6.2.1.2 Europe Primer Market, by Country
6.2.1.3 Asia-Pacific Primer Market, by Country
6.2.1.4 Rest of World Primer Market, by Country
6.3. Basecoat
6.3.1 Basecoat Market, by Region
6.3.1.1 North America Basecoat Market, by Country
6.3.1.2 Europe Basecoat Market, by Country
6.3.1.3 Asia-Pacific Basecoat Market, by Country
6.3.1.4 Rest of World Basecoat Market, by Country
6.4. Electrocoat
6.4.1 Electrocoat Market, by Region
6.4.1.1 North America Electrocoat Market, by Country
6.4.1.2 Europe Electrocoat Market, by Country
6.4.1.3 Asia-Pacific Electrocoat Market, by Country
6.4.1.4 Rest of World Electrocoat Market, by Country
6.5. Clearcoat
6.5.1 Clearcoat Market, by Region
6.5.1.1 North America Clearcoat Market, by Country
6.5.1.2 Europe Clearcoat Market, by Country
6.5.1.3 Asia-Pacific Clearcoat Market, by Country
6.5.1.4 Rest of World Clearcoat Market, by Country
7. Global Automotive Oem Coatings Market, by Vehicle Type
7.1. Overview
7.2. Passenger Cars
7.2.1 Passenger Cars Market, by Region
7.2.1.1 North America Passenger Cars Market, by Country
7.2.1.2 Europe Passenger Cars Market, by Country
7.2.1.3 Asia-Pacific Passenger Cars Market, by Country
7.2.1.4 Rest of World Passenger Cars Market, by Country
7.3. Light Commercial Vehicles
7.3.1 Light Commercial Vehicles Market, by Region
7.3.1.1 North America Light Commercial Vehicles Market, by Country
7.3.1.2 Europe Light Commercial Vehicles Market, by Country
7.3.1.3 Asia-Pacific Light Commercial Vehicles Market, by Country
7.3.1.4 Rest of World Light Commercial Vehicles Market, by Country
7.4. Heavy Commercial Vehicles
7.4.1 Heavy Commercial Vehicles Market, by Region
7.4.1.1 North America Heavy Commercial Vehicles Market, by Country
7.4.1.2 Europe Heavy Commercial Vehicles Market, by Country
7.4.1.3 Asia-Pacific Heavy Commercial Vehicles Market, by Country
7.4.1.4 Rest of World Heavy Commercial Vehicles Market, by Country
7.5. Others (Motorbikes, Three Wheelers, Etc.)
7.5.1 Others (Motorbikes, Three Wheelers, Etc.) Market, by Region
7.5.1.1 North America Others (Motorbikes, Three Wheelers, Etc.) Market, by Country
7.5.1.2 Europe Others (Motorbikes, Three Wheelers, Etc.) Market, by Country
7.5.1.3 Asia-Pacific Others (Motorbikes, Three Wheelers, Etc.) Market, by Country
7.5.1.4 Rest of World Others (Motorbikes, Three Wheelers, Etc.) Market, by Country
8. Global Automotive Oem Coatings Market, by Region
8.1. Overview
8.2. North America
8.2.1 North America Automotive Oem Coatings Market, by Type
8.2.2 North America Automotive Oem Coatings Market, by Layer
8.2.3 North America Automotive Oem Coatings Market, by Vehicle Type
8.2.4 North America Automotive Oem Coatings, Market by Country
8.2.4.1 U.S
8.2.4.1.1 U.S Automotive Oem Coatings Market, by Type
8.2.4.1.2 U.S Automotive Oem Coatings Market, by Layer
8.2.4.1.3 U.S Automotive Oem Coatings Market, by Vehicle Type
8.2.4.2 Canada
8.2.4.2.1 Canada Automotive Oem Coatings Market, by Type
8.2.4.2.2 Canada Automotive Oem Coatings Market, by Layer
8.2.4.2.3 Canada Automotive Oem Coatings Market, by Vehicle Type
8.2.4.3 Mexico
8.2.4.3.1 Mexico Automotive Oem Coatings Market, by Type
8.2.4.3.2 Mexico Automotive Oem Coatings Market, by Layer
8.2.4.3.3 Mexico Automotive Oem Coatings Market, by Vehicle Type
8.3. Europe
8.3.1 Europe Automotive Oem Coatings Market, by Type
8.3.2 Europe Automotive Oem Coatings Market, by Layer
8.3.3 Europe Automotive Oem Coatings Market, by Vehicle Type
8.3.4 Europe Automotive Oem Coatings, Market by Country
8.3.4.1 Uk
8.3.4.1.1 UK Automotive Oem Coatings Market, by Type
8.3.4.1.2 UK Automotive Oem Coatings Market, by Layer
8.3.4.1.3 UK Automotive Oem Coatings Market, by Vehicle Type
8.3.4.2 Germany
8.3.4.2.1 Germany Automotive Oem Coatings Market, by Type
8.3.4.2.2 Germany Automotive Oem Coatings Market, by Layer
8.3.4.2.3 Germany Automotive Oem Coatings Market, by Vehicle Type
8.3.4.3 France
8.3.4.3.1 France Automotive Oem Coatings Market, by Type
8.3.4.3.2 France Automotive Oem Coatings Market, by Layer
8.3.4.3.3 France Automotive Oem Coatings Market, by Vehicle Type
8.3.4.4 Italy
8.3.4.4.1 Italy Automotive Oem Coatings Market, by Type
8.3.4.4.2 Italy Automotive Oem Coatings Market, by Layer
8.3.4.4.3 Italy Automotive Oem Coatings Market, by Vehicle Type
8.3.4.5 Spain
8.3.4.5.1 Spain Automotive Oem Coatings Market, by Type
8.3.4.5.2 Spain Automotive Oem Coatings Market, by Layer
8.3.4.5.3 Spain Automotive Oem Coatings Market, by Vehicle Type
8.3.4.6 Rest of Europe
8.3.4.6.1 Rest of Europe Automotive Oem Coatings Market, by Type
8.3.4.6.2 Rest of Europe Automotive Oem Coatings Market, by Layer
8.3.4.6.3 Rest of Europe Automotive Oem Coatings Market, by Vehicle Type
8.4. Asia-Pacific
8.4.1 Asia-Pacific Automotive Oem Coatings Market, by Type
8.4.2 Asia-Pacific Automotive Oem Coatings Market, by Layer
8.4.3 Asia-Pacific Automotive Oem Coatings Market, by Vehicle Type
8.4.4 Asia-Pacific Automotive Oem Coatings, Market by Country
8.4.4.1 China
8.4.4.1.1 China Automotive Oem Coatings Market, by Type
8.4.4.1.2 China Automotive Oem Coatings Market, by Layer
8.4.4.1.3 China Automotive Oem Coatings Market, by Vehicle Type
8.4.4.2 Japan
8.4.4.2.1 Japan Automotive Oem Coatings Market, by Type
8.4.4.2.2 Japan Automotive Oem Coatings Market, by Layer
8.4.4.2.3 Japan Automotive Oem Coatings Market, by Vehicle Type
8.4.4.3 India
8.4.4.3.1 India Automotive Oem Coatings Market, by Type
8.4.4.3.2 India Automotive Oem Coatings Market, by Layer
8.4.4.3.3 India Automotive Oem Coatings Market, by Vehicle Type
8.4.4.4 Korea
8.4.4.4.1 Korea Automotive Oem Coatings Market, by Type
8.4.4.4.2 Korea Automotive Oem Coatings Market, by Layer
8.4.4.4.3 Korea Automotive Oem Coatings Market, by Vehicle Type
8.4.4.5 Australia
8.4.4.5.1 Australia Automotive Oem Coatings Market, by Type
8.4.4.5.2 Australia Automotive Oem Coatings Market, by Layer
8.4.4.5.3 Australia Automotive Oem Coatings Market, by Vehicle Type
8.4.4.6 Rest of Asia-Pacific
8.4.4.6.1 Rest of Asia-Pacific Automotive Oem Coatings Market, by Type
8.4.4.6.2 Rest of Asia-Pacific Automotive Oem Coatings Market, by Layer
8.4.4.6.3 Rest of Asia-Pacific Automotive Oem Coatings Market, by Vehicle Type
8.5. Rest of World
8.5.1 Rest of World Automotive Oem Coatings Market, by Type
8.5.2 Rest of World Automotive Oem Coatings Market, by Layer
8.5.3 Rest of World Automotive Oem Coatings Market, by Vehicle Type
8.5.4 Rest of World Automotive Oem Coatings, Market by Country
8.5.4.1 Brazil
8.5.4.1.1 Brazil Automotive Oem Coatings Market, by Type
8.5.4.1.2 Brazil Automotive Oem Coatings Market, by Layer
8.5.4.1.3 Brazil Automotive Oem Coatings Market, by Vehicle Type
8.5.4.2 Ksa
8.5.4.2.1 Ksa Automotive Oem Coatings Market, by Type
8.5.4.2.2 Ksa Automotive Oem Coatings Market, by Layer
8.5.4.2.3 Ksa Automotive Oem Coatings Market, by Vehicle Type
8.5.4.3 South Africa
8.5.4.3.1 South Africa Automotive Oem Coatings Market, by Type
8.5.4.3.2 South Africa Automotive Oem Coatings Market, by Layer
8.5.4.3.3 South Africa Automotive Oem Coatings Market, by Vehicle Type
8.5.4.4 Remaining Countries
8.5.4.4.1 Remaining Countries Automotive Oem Coatings Market, by Type
8.5.4.4.2 Remaining Countries Automotive Oem Coatings Market, by Layer
8.5.4.4.3 Remaining Countries Automotive Oem Coatings Market, by Vehicle Type
9. Company Profiles
9.1. Axalta Coating Systems
9.1.1 Company Overview
9.1.2 Company Snapshot
9.1.3 Operating Business Segments
9.1.4 Product Portfolio
9.1.5 Business Performance
9.1.6 Key Strategic Moves and Development
9.2. Basf Se
9.2.1 Company Overview
9.2.2 Company Snapshot
9.2.3 Operating Business Segments
9.2.4 Product Portfolio
9.2.5 Business Performance
9.2.6 Key Strategic Moves and Development
9.3. Ppg Industries
9.3.1 Company Overview
9.3.2 Company Snapshot
9.3.3 Operating Business Segments
9.3.4 Product Portfolio
9.3.5 Business Performance
9.3.6 Key Strategic Moves and Development
9.4. Nippon Paint
9.4.1 Company Overview
9.4.2 Company Snapshot
9.4.3 Operating Business Segments
9.4.4 Product Portfolio
9.4.5 Business Performance
9.4.6 Key Strategic Moves and Development
9.5. Kansai Paint
9.5.1 Company Overview
9.5.2 Company Snapshot
9.5.3 Operating Business Segments
9.5.4 Product Portfolio
9.5.5 Business Performance
9.5.6 Key Strategic Moves and Development
9.6. Akzo Nobel
9.6.1 Company Overview
9.6.2 Company Snapshot
9.6.3 Operating Business Segments
9.6.4 Product Portfolio
9.6.5 Business Performance
9.6.6 Key Strategic Moves and Development
9.7. Sherwin Williams Company
9.7.1 Company Overview
9.7.2 Company Snapshot
9.7.3 Operating Business Segments
9.7.4 Product Portfolio
9.7.5 Business Performance
9.7.6 Key Strategic Moves and Development
9.8. Kcc Paint
9.8.1 Company Overview
9.8.2 Company Snapshot
9.8.3 Operating Business Segments
9.8.4 Product Portfolio
9.8.5 Business Performance
9.8.6 Key Strategic Moves and Development
9.9. Bayer AG
9.9.1 Company Overview
9.9.2 Company Snapshot
9.9.3 Operating Business Segments
9.9.4 Product Portfolio
9.9.5 Business Performance
9.9.6 Key Strategic Moves and Development
9.10. Arkema Sa
9.10.1 Company Overview
9.10.2 Company Snapshot
9.10.3 Operating Business Segments
9.10.4 Product Portfolio
9.10.5 Business Performance
9.10.6 Key Strategic Moves and Development

Executive Summary

Automotive OEM Coatings Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2030- Growing demand for commercial utility vehicles and high inclination towards efficient transport are likely to drive the Automotive OEM Coatings Market.

Automotive OEM coatings are used to coat the surface of automobiles for the protection of the vehicle surface and enhancement of its aesthetic appearance. These coatings are mainly solvent-based, water-based, and powdered based. They increase the durability of vehicles and offer high protection shield against extreme temperature ranges, intense ultraviolet exposure, acid rain, and other foreign particles.

The global automotive OEM coatings market is segmented based on type, layer, vehicle type, and geography. On the basis of type, the market is segregated into solvent-borne, water-borne, powdered, and others. In terms of layer, the market is fragmented into primer, basecoat, electrocoat, and clearcoat. Based on vehicle type, the market is divided into passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and others (Motorbikes). On the basis of geography, the market is categorized into North America, Europe, Asia-Pacific, and Rest of World (RoW).

Companies Mentioned

A selection of companies mentioned in this report includes:

  • BASF SE
  • Axalta Coating Systems
  • PPG Industries
  • Kansai Paint
  • Nippon Paint
  • AkzoNobel
  • KCC Paint
  • Sherwin-Williams Company
  • Arkema SA
  • Bayer AG