OEM Coating Market | Exactitude Consultancy Reports

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Exactitude Consultancy Latest Published OEM Coating Market by Type (powder coatings, water-borne coatings, solvent-borne coatings, radiation curable coatings), by Substrate (Metal, Wood, Plastic), by End-Use (Automobile, Furniture, Aerospace, Packaging, Electronics) and Region, Global trends and forecast from 2023 to 2029

OEM Coating Market Overview
The OEM coatings market is expected to grow at 5.15% CAGR from 2020 to 2029. It is expected to reach above USD 98.46 billion by 2029 from USD 62.48 billion in 2020.

Segment Analysis
The OEM Coatings market is segmented based on type, substrate, end-use and region, global trends and forecast.

Based on type, Liquid and powder coatings are the two types of coatings that are applied. Better durability is provided by powder coatings, which also have the environmental benefit of being solvent- and VOC-free. The market for solvent-based coatings is steadily declining in favor of water-based coatings. UV light is used in radiation-cured coatings instead of heat, which reduces waste streams that are frequently present in solvent coatings.

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