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OEM coatings market anticipated to reach $69.28 billion by 2022 according to new research report

OEM coatings market anticipated to reach $69.28 billion by 2022 according to new research report

The OEM coatings market is projected to reach USD 69.28 Billion by 2022, at a CAGR of 4.7% from 2017 to 2022.

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OEM Coatings market research report show analytical data on OEM Coatings Industry size, share, survey, industry intelligence, business acumen as well as OEM Coatings Research report grab attention on Industry trends, OEM Coatings market strategy, analysis, survey during forecast period 2017 to 2022.

Report at www.rnrmarketresearch.com/contacts…ple?rname=1077285

With the growing transportation industry across the globe, the demand for OEM coatings is expected to increase as OEM manufacturers are opting for these coatings to protect their OEM parts from corrosion and improve their durability. Moreover, the demand for OEM coatings is also driven by the technological advancements taking place in the field of OEM coatings.

Leading players in the OEM coatings market such as

  1. PPG Industries, Inc. (U.S.),
  2. Akzo Nobel N.V. (Netherlands),
  3. The Sherwin-Williams Company (U.S.),
  4. The Valspar Corporation (U.S.),
  5. Axalta Coating Systems Ltd. (U.S.),
  6. Jotun (Norway),
  7. BASF SE (Germany),
  8. Nippon Paints Holdings Co., Ltd. (Japan),
  9. 3M Company (U.S.),  
  10. Kansai Paints Co., Ltd. (Japan)

The transportation end-use industry segment of the OEM coatings market is projected to grow at the highest CAGR from 2017 to 2022.

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The growth of the transportation end-use industry segment of the market can be attributed to the increasing demand for OEM coatings for automotive applications.

Factors, such as improvement in the lifestyle of the masses and increased need for comfortable travel are also contributing to the growth of the automotive industry across the globe, which, in turn, is expected to fuel the growth of the transportation end-use industry segment of the OEM coatings market during the forecast period.

Report at www.rnrmarketresearch.com/contacts/?rname=1077285  

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (42%); Tier 2 (25%) and Tier 3 (33%) companies were contacted for interviews.

The primary interviews were conducted worldwide covering regions such as Asia-Pacific (58%), Europe (17%), North America (17%), and Row (8%).

Target Audience:

1.      Manufacturers of OEM coatings

2.      Traders, distributors, and suppliers of OEM coatings

3.      End-use market participants of different segments of the OEM coatings market

4.      Government and research organizations

5.      Associations and industrial bodies

6.      Research and consulting firms

7.      R&D institutions

8.      Environment support agencies

9.      Investment banks and private equity firms

The Asia-Pacific region is the largest market for OEM coatings, globally. China is the leading market for OEM coatings in the Asia-Pacific region, owing to the large base of the automotive and consumer products industries in the region.

The increasing demand for OEM coatings in China can be attributed to the growing investments by the automotive manufacturers in the country, increasing purchasing power of the masses, and initiatives undertaken by the government of China to boost the growth of various industries, such as construction, automotive, and consumer goods & appliances in the country.

Complete report on OEM Coatings Market spread across 172 pages, profiling 10 companies and supported with 154 tables and 34 figures is now available at www.rnrmarketresearch.com/oem-coat…arket-report.html

This research report categorizes the OEM coatings market on the basis of the formulation, end-use industry, and region. It forecasts revenue growth and includes an analysis of the trends in each of the submarkets.

These segments have been further described in detail with their sub segments in the report. The value and volume forecasts for these segments and sub segments have also been provided in the report till 2022.

The report also includes company profiles and competitive strategies that have been adopted by the major players operating in the OEM coatings market.

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