OEM Coatings Market Report 2026

The oem coatings market size has grown strongly in recent years. It will grow from $77.32 billion in 2025 to $82.33 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to expansion of automotive manufacturing output, increased use of protective coatings in machinery, growth of industrial equipment production, rising demand for aesthetic finishes, availability of advanced resin technologies.

The oem coatings market size is expected to see strong growth in the next few years. It will grow to $103.38 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing adoption of sustainable coating solutions, expansion of electric vehicle production, rising investments in smart coating application systems, growing demand for lightweight materials protection, increasing regulatory pressure on solvent emissions. Major trends in the forecast period include increasing adoption of low-voc coating technologies, rising demand for powder and water-borne coatings, growing use of automated coating lines, expansion of high-durability oem finishes, enhanced focus on corrosion and wear resistance.

The increase in demand from end-use industries is expected to propel the growth of the OEM coatings market going forward. OEM coatings refer to the coatings that are applied during the process of integrating other companies’ products onto a substrate. These coatings are essential for various end-use industries, such as automotive and consumer electronics, by enhancing performance and reducing costs, thereby driving higher demand for OEM coatings. For instance, in March 2024, according to the European Automobile Manufacturers' Association, a Belgium-based vehicle industry association, the EU car market expanded robustly in 2023 by 13.9% compared to 2022, reaching a volume of 10.5 million units. Therefore, the increasing demand from end-use industries is driving the growth of the OEM coatings market.

Major companies operating in the OEM coatings market are focused on introducing innovative technological solutions, such as wet-on-wet painting technology, to gain a competitive edge. Wet-on-wet painting technology involves applying additional layers of paint onto a still-wet base coat, streamlining the painting operation and reducing production time in original equipment manufacturing by eliminating intermediate drying steps. For instance, in May 2023, Nippon Paint Holdings Co. Ltd., a Japan-based paint and paint products manufacturer, introduced ‘Wet-on-Wet’ painting technology. This innovative solution drastically reduces painting cycle time, energy requirements, and labor costs while significantly improving productivity in the painting process. By reducing the need for sanding and baking, the WoW technology can increase productivity by up to 50% and cut costs by up to 20%.

In December 2024, Kymera International, a U.S.-based specialty materials and surface technologies provider, acquired Coating Center Castrop GmbH for an undisclosed amount. With this acquisition, Kymera aimed to expand its thermal spray service capabilities and strengthen its presence in the European OEM and industrial coatings market. Coating Center Castrop GmbH is a Germany-based provider of thermal spray and precision machining services, supplying coatings and surface treatments to aerospace, marine propulsion, pharmaceutical, and industrial OEM customers.

Major companies operating in the oem coatings market are PPG Industries Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Axalta Coating Systems Ltd., Jotun Group, BASF SE, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd., Berger Paints India Ltd., Asian Paints Ltd., KCC Corporation, KAPCI Coatings, HMG Paints Ltd., RPM International Inc., Sika AG, Hempel A/S, Beckers Group, Tiger Coatings GmbH & Co. KG, Dymax Corporation, Taralac, Reliable Paints.

Asia-Pacific was the largest region in the OEM coatings market in 2025. The regions covered in the oem coatings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the oem coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The OEM coatings market consists of sales of architectural powder coating resins, low bake powder coating resins, low gloss powder coating resins, polyester powder coating, powder coating for wheels, TGIC powder coating, and UV curing powder coating resins. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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