| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| CAGR | 4.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Automotive OEM Coatings Market Analysis
The United States Automotive OEM Coatings Market is expected to register a CAGR of greater than 4.5% during the forecast period.
- The US automotive OEM market is estimated to grow during the forecast period owing to technological advancements and changes in automotive vehicle product offerings.
- As governments implement stricter fuel-efficiency rules, there will be an increase in demand for lightweight, fuel-efficient OEM parts. Therefore, to reduce emissions, the growing demand for electric vehicles is expected to provide an opportunity to expand the market in the future.
- On the other hand, supply chain issues such as the shortage of semiconductors have been hindering growth recently.
US Automotive OEM Coatings Market Trends
Public & Private Investments to Support Automotive Industry
- The automobile sector is rapidly changing, and supply chains across the United States have a significant impact. While microchip shortages are gradually improving, they are still expected to continue until at least the second quarter of 2022. However, the industry is expected to recover by 2023.
- Automotive production in the United States declined by 16% in 2021 compared to 2020. To strengthen the industry, the government is taking several initiatives to support the recovery. Several investments have been made to support the automotive OEM sector in the United States.
- With a sustained focus on electric vehicles, a significant shift toward EV production is increasing. With a focus on automobile standards, the government is investing billions in an "all-electric" future.
- In order to replace fossil fuels with electricity by 2030, the government plans to provide USD 7.5 billion for a network of electric charging stations to be built nationwide.
- The American Automakers Automotive Policy Council aims to boost semiconductor production in the United States through the America COMPETES Act. A total investment of USD 52 billion is planned under the America COMPETES Act to address the semiconductor shortage. Out of which USD 2 billion are specified for semiconductor production specifically for the automotive industry.
- Therefore owing to the above-mentioned investments, the automotive OEM market in the United States is likely to grow in the coming years.
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Water-borne Technology is Expected to Grow At The High Rate
- Although solvent-borne technology accounts for most of the market, it is predicted to grow slowly over the forecast period.
- Regulations governing VOC emissions from hazardous air pollutants contained in solvent-borne automotive OEM coatings such as toluene, xylene, ethylbenzene, and methyl ethyl ketone are one of the major factors limiting the expansion of solvent-borne automotive OEM coatings.
- Water-based automotive OEM coatings are becoming increasingly popular due to the continuously changing environmental regulations. Water-based coatings are constantly developing to provide the same performance as solvent-based coatings. For example, mild co-solvent reducers and additives are being developed to improve water-based coatings' performance and drying times.
- The increasing adoption of waterborne automotive coatings is due to their physical and chemical qualities, such as high chemical resistance, low processing temperature, and solvent-free formulations.
- Water-based solutions, such as 2K waterborne, light conductive primer, are commonly used to coat OEM body parts. One of the most notable developments is a thin-film primer based on waterborne technology that is widely employed in the automotive OEM business industry.
- In addition, acrylic PUD water-borne coats are surpassing acrylic MF and polyester MF solvent-borne coatings in the OEM market. They are growing at the highest pace among base coatings.
- Owing to the above-mentioned factors, waterborne technology is expected to grow significantly during the forecast period.
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US Automotive OEM Coatings Industry Overview
The US automotive OEM coatings market is consolidated in nature. Some of the major players in the market include RPM International Inc, AkzoNobel NV, Axalta Coatings Systems, BASF SE, and PPG Industries Inc., among others (in no particular order).
US Automotive OEM Coatings Market Leaders
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RPM International Inc
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AkzoNobel NV
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Axalta Coatings Systems
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BASF SE
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PPG Industries Inc.
- *Disclaimer: Major Players sorted in no particular order
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US Automotive OEM Coatings Market News
The recent developments pertaining to the major players in the market are being covered in the complete study.
US Automotive OEM Coatings Industry Segmentation
OEM is the original manufacturer of the components of a vehicle. Automotive OEM coatings are used during the manufacture of automotive vehicles' body parts. The US automotive OEM coatings market is segmented by resin type, application, and technology. By resin, the market is segmented into acrylic, alkyd, polyurethane, epoxy, polyester, and other resins. By technology, the market is segmented into water-borne, solvent-borne, and other coating technologies. By application, the market is segmented into passenger cars, commercial vehicles, and ACE. For each segment, the market sizing and forecasts have been done on the basis of revenue. (USD million)
| Resin Type | Epoxy |
| Acrylic | |
| Alkyd | |
| Polyurethane | |
| Polyester | |
| Other Resin Type | |
| Technology | Water-borne |
| Solvent-borne | |
| Other Technologies | |
| Application | Passenger Cars |
| Commercial Vehicles | |
| ACE |
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US Automotive OEM Coatings Market Research FAQs
What is the current United States Automotive OEM Coatings Market size?
The United States Automotive OEM Coatings Market is projected to register a CAGR of greater than 4.5% during the forecast period (2025-2030)
Who are the key players in United States Automotive OEM Coatings Market?
RPM International Inc, AkzoNobel NV, Axalta Coatings Systems, BASF SE and PPG Industries Inc. are the major companies operating in the United States Automotive OEM Coatings Market.
What years does this United States Automotive OEM Coatings Market cover?
The report covers the United States Automotive OEM Coatings Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United States Automotive OEM Coatings Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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United States Automotive OEM Coatings Industry Report
Statistics for the 2025 United States Automotive OEM Coatings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United States Automotive OEM Coatings analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
