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Automotive OEM coatings Market Overview and Growth Forecast

Automotive OEM coatings Market are paints applied to coat the surface of automobiles for both protection of the vehicle surface as well as for enhancing its aesthetic appearance. These are majorly solvent-borne, waterborne, powdered, and of such other types. These coatings along with increasing the durability of vehicles, offer high protection shield against extreme temperature ranges, intense ultraviolet exposure, acid rain and other foreign particles.

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Automotive OEM coatings Market Overview and Growth Forecast

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  1. Automotive OEM Coatings Market The Automotive OEM Coatings Market is predicted to garner USD 13.12 billion with an expected volumetric turn-over of 2,864.1 kilotons, demonstrating a respective CAGR of 7.7% and 6.7% by 2030 Next Move Strategy Consulting

  2. Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting

  3. Market Overview • The automotive OEM coatings market is gaining traction due to growing demand for commercial utility vehicles, higher inclination towards efficient transport, increased trend of possessing personal automotive transports especially in the premium vehicles segment, as well as growing demands for passenger cars. • Market trends such as, higher preferences towards light weight vehicles offering lower fuel consumption and higher efficiency, plus growing demand for electric and hybrid vehicles offering lower carbon emissions, are expected to create new opportunities in the global automotive OEM coatings market throughout the forecast period. • Investments in R&D activities for new production alternatives, strategic collaborations, and new product launches by market players, are to create lucrative opportunities in the global automotive OEM coatings market in the future. Next Move Strategy Consulting

  4. Market Segmentation • By Type • Solvent-Borne • Waterborne • Powdered • Others • By Layer • Primer • Basecoat • Electrocoat • Clearcoat • By Vehicle Type • Passenger Cars • Light Commercial Vehicles (LCV) • Heavy Commercial Vehicles (HCV) • Others (Motorbikes) Next Move Strategy Consulting

  5. Regional Analysis • North America • U.S • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting

  6. Key Market Players • BASF SE • Axalta Coating Systems • PPG Industries • Kansai Paint • Nippon Paint • AkzoNobel • KCC Paint • Sherwin-Williams Company • Arkema SA • Bayer AG Next Move Strategy Consulting

  7. Key Highlights Market Growth and Drivers: The global automotive OEM coatings market is projected to grow steadily, driven by the rising demand for automobiles, especially in emerging economies. Technological Advancements: Innovations in coating technologies, such as UV-curable coatings, waterborne coatings, and powder coatings, are gaining traction. Regional Insights: Asia-Pacific dominates the automotive OEM coatings market, with countries like China, India, and Japan being major contributors due to their large automotive manufacturing bases. Challenges and Opportunities: While the market presents lucrative opportunities, it faces challenges such as fluctuating raw material prices and the high cost of advanced coatings. Next Move Strategy Consulting

  8. THANK YOU Next Move Strategy Consulting Follow us www.nextmsc.com info@nextmsc.com +1-217-650-7991 Access Full Report - https://www.nextmsc.com/report/automotive-oem-coatings-market Next Move Strategy Consulting

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