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Coatings for On-Road Commercial Vehicles, Global, 2024–2031

Publisher Frost & Sullivan
Published Oct 07, 2025
SKU # MC20468962

Description

This study provides a comprehensive assessment of the current status and future prospects of the global commercial vehicle coatings market, analyzing volume shipments and revenue at the manufacturer level from 2021 to 2031. It focuses on coatings applied to the exterior surfaces of on-road commercial vehicles—including heavy trucks, buses, coaches, and light commercial vehicles—while excluding interior coatings from the scope. The coatings are classified into 2 major product groups: OEM coatings, applied during original vehicle manufacturing, and refinish coatings, used for repair and maintenance. These categories are further segmented by sub-product types such as primers, e-coats, basecoats, clearcoats, and monocoats; by resin chemistries including epoxy, polyurethane, acrylic, and polyester; and by coating technologies such as solvent-borne, waterborne, and powder coatings.

Several key trends are shaping the CV coatings market. The global shift toward low-VOC and sustainable coating solutions is accelerating, leading to wider adoption of waterborne and powder-based technologies. Meanwhile, growing demand for refinish coatings reflects the aging of commercial fleets and the expansion of logistics networks driven by eCommerce growth. Vehicle aesthetics are also becoming increasingly important, as fleet operators leverage vehicle appearance for branding, which in turn drives demand for durable, high-gloss monocoats and clearcoats. While advanced coating solutions are gaining traction in developed regions, cost sensitivity in emerging markets sustains the use of traditional solvent-borne systems, resulting in a diverse technology landscape across regions.

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