Market Size of France Automotive OEM Coatings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 218.68 Million |
| Market Size (2029) | USD 262.75 Million |
| CAGR (2024 - 2029) | > 3.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
France Automotive OEM Coatings Market Analysis
The France Automotive OEM Coatings Market size is estimated at USD 218.68 million in 2024, and is expected to reach USD 262.75 million by 2029, growing at a CAGR of greater than 3.5% during the forecast period (2024-2029).
The COVID-19 pandemic negatively affected the French automotive OEM coatings market. The implementation of a nationwide lockdown in the country mainly affected the automotive manufacturing industry, thereby affecting the market for automotive OEM coatings. However, after the COVID pandemic, the automotive industries resumed their operations, creating a positive impact on the demand for automotive OEM coatings in the country.
- The steady increase in the production of automotive vehicles and the development of new technologies in the production of electric vehicles are expected to drive the market studied.
- On the flip side, the fluctuations in the prices of raw materials and the slow economic growth of the country are expected to restrain the market studied.
- The development of bio-based coatings for sustainable solutions is expected to create opportunities for the market studied during the forecast period.
France Automotive OEM Coatings Industry Segmentation
Automotive OEM coatings are used to protect the vehicle body from corrosion. The coating applications include the steps of electro-coat, primer, basecoat, and clear coat. Automotive OEM coatings help to improve the appearance and performance of vehicles.
The French automotive OEM coatings market is segmented by resin type, layer, technology, and end-user industry. By resin type, the market is segmented into acrylic, alkyd, polyurethane, epoxy, polyester, and other resin types (phenolic, polyvinyl acetate, etc.). By layer, the market is segmented into e-coat, primer, base coat, and clear coat. By technology, the market is segmented into water-borne, solvent-borne, electrocoats, and powder coatings. By end-user industry, the market is segmented into passenger cars, commercial vehicles, and ACE. The report offers the market size in value terms in USD for all the abovementioned segments.
| Resin Type | |
| Acrylic | |
| Alkyd | |
| Epoxy | |
| Polyurethane | |
| Polyester | |
| Other Resin Types (Phenolic, Polyvinyl Acetate, etc.) |
| Layer | |
| E-coat | |
| Pirmer | |
| Base Coat | |
| Clear Coat |
| Technology | |
| Water-borne | |
| Solvent-borne | |
| Electrocoats | |
| Powder Coatings |
| Application | |
| Passenger Vehicles | |
| Commercial Vehicles | |
| ACE |
France Automotive OEM Coatings Market Size Summary
The French automotive OEM coatings market is poised for growth, driven by the steady increase in automotive vehicle production and advancements in electric vehicle technologies. The market experienced a downturn due to the COVID-19 pandemic, which impacted automotive manufacturing and, consequently, the demand for OEM coatings. However, the resumption of operations in the automotive sector has positively influenced market demand. The development of bio-based coatings presents new opportunities, aligning with the growing emphasis on sustainable solutions. Despite challenges such as raw material price fluctuations and slow economic growth, the market is expected to expand, with acrylic resin-based coatings playing a significant role due to their performance advantages and increasing demand in the electric vehicle sector.
The passenger vehicle segment is anticipated to dominate the French OEM coatings market, supported by the rising production and registration of passenger vehicles. The demand for both solvent-borne and waterborne coatings is high, particularly for interior applications in passenger cars. Although new car sales faced challenges in recent years, a recovery in the automotive market has been observed, with a notable increase in passenger vehicle registrations. The market is characterized by a consolidated landscape, with major players like Akzo Nobel NV, Axalta Coating Systems, BASF SE, PPG Industries Inc., and RPM International Inc. leading the industry. These developments underscore the market's potential for growth and innovation in the coming years.
France Automotive OEM Coatings Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Steady Increase in the Production of Automotive Vehicles
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1.1.2 Development of New Technologies in the Production of Electric Vehicles
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1.2 Restraints
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1.2.1 Fluctuations in the Prices of Raw Materials
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1.2.2 Slow Economic Growth
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Resin Type
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2.1.1 Acrylic
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2.1.2 Alkyd
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2.1.3 Epoxy
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2.1.4 Polyurethane
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2.1.5 Polyester
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2.1.6 Other Resin Types (Phenolic, Polyvinyl Acetate, etc.)
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2.2 Layer
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2.2.1 E-coat
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2.2.2 Pirmer
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2.2.3 Base Coat
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2.2.4 Clear Coat
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2.3 Technology
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2.3.1 Water-borne
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2.3.2 Solvent-borne
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2.3.3 Electrocoats
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2.3.4 Powder Coatings
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2.4 Application
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2.4.1 Passenger Vehicles
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2.4.2 Commercial Vehicles
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2.4.3 ACE
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France Automotive OEM Coatings Market Size FAQs
How big is the France Automotive OEM Coatings Market?
The France Automotive OEM Coatings Market size is expected to reach USD 218.68 million in 2024 and grow at a CAGR of greater than 3.5% to reach USD 262.75 million by 2029.
What is the current France Automotive OEM Coatings Market size?
In 2024, the France Automotive OEM Coatings Market size is expected to reach USD 218.68 million.
