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OEM is an abbreviation for Original Equipment Manufacturer.
Because the OEM is the original manufacturer of a vehicle’s components, OEM auto parts are similar to the parts used in the production of a vehicle.
Other suppliers manufacture aftermarket components, which may or may not be of consistent quality or compatible with the vehicle.
When repairing damaged car components, consumers may choose to buy OEM parts to guarantee that the new parts are entirely compatible with the vehicle and created to the same quality standards.
OEMs, as the original providers of a vehicle’s components, frequently have their items offered via branded car dealerships and accessible for order directly from the carmaker.
OEM components are recommended by the manufacturer and are frequently substantially more expensive than aftermarket parts.
Both OEM and aftermarket items offer significant advantages and drawbacks for the client.
New technologies, like 3D printing, have the potential to alter OEM supply chains and boost competitiveness in the future.
Many OEM and aftermarket items are practically identical in terms of client satisfaction.
Although the quality of aftermarket components varies, there are numerous high-quality items available, generally at a cheaper price than OEM parts.
Aftermarket competition pushes down pricing, which may ultimately bring OEM costs in line with aftermarket options.
OEM goods are often only accessible through dealerships, however aftermarket parts can be obtained online from a number of sources.
OEM components are often guaranteed by the carmaker to be compatible with the vehicle; in certain situations, installation may also be guaranteed.
Many suppliers do not confirm compatibility for aftermarket items, which may or may not be compatible.
A large range of firms manufacture aftermarket components at a variety of pricing ranges, which provides a wide range of options but can also be confusing.
OEM components often only provide one or two alternatives for consumers, making the process of changing parts simpler.
The automotive parts industry’s fierce competition generates a great requirement for OEM and aftermarket producers to differentiate themselves in the components market.
This rivalry among aftermarket producers results in a broad variety of costs and distinctive characteristics of parts.
Some aftermarket components are of similar or higher quality than OEM items, while others compete by selling lower-priced products of comparable quality.
A firm that creates non-aftermarket components and equipment that may be offered by another manufacturer is sometimes referred to as an original equipment manufacturer (OEM).
Many professional organizations, including SAE International, recognise and utilize it as a standard industry term.
However, the phrase is frequently used in a variety of different contexts, creating uncertainty.
It can also refer to the creator of a system that contains subsystems from other firms, an end-product manufacturer, an automotive part created by the same company that developed the original part used in the automobile’s assembly, or a value-added reseller.
OEM often refers to the manufacturer of the original equipment, that is, the pieces that are then assembled and installed during the building of a vehicle.
Aftermarket components, on the other hand, are those manufactured by businesses other than the OEM and may be fitted as replacements or additions after the vehicle leaves the factory.
For example, if Ford built a car using Autolite spark plugs, Exide batteries, Bosch fuel injectors, and Ford’s own engine blocks and heads, auto restorers and collectors consider those to be OEM parts.
Other brand items, such as Champion spark plugs, DieHard batteries, Kinsler fuel injectors, and BMP engine blocks and heads, would be deemed aftermarket.
Many auto parts manufacturers sell components through numerous channels, such as car manufacturers for installation during new-vehicle building, car manufacturers for resale as automaker-branded replacement parts, and general retail supply chains.
Any particular brand of
The Global Automotive OEM Coatings Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
BASF’s ColorBrite Airspace Blue ReSource base coat made its premiere in China, having been certified by REDcert using a biomass balancing technique.
BASF’s biomass balancing automobile OEM coatings are being offered to Asia for the first time since their official introduction in Europe in May of this year.
A customer in China has received the first batch of ColorBrite® Airspace Blue ReSource basecoat. This basecoat product allows for a significant decrease in the product’s carbon footprint.
A third-party external sustainability specialist reviews the savings figure.
ColorBrite® ReSource is a biomass balance variant of BASF’s ColorBrite aqueous basecoat range that offers a decreased carbon footprint without changing the product’s composition or performance.
BASF’s resins factory has also obtained biomass certification.
With this certification, BASF is now able to offer its Chinese clients a broad range of biomass balance certified vehicle coatings solutions made from renewable raw materials.
By replacing fossil-based feedstock with renewable raw materials through BASF’s biomass balance approach, demonstrate commitment to assisting customers in meeting their carbon emission targets while maintaining the product’s high quality and performance.
The biomass balancing method accreditation forChinese locations reaffirms commitment to being an industry leader in advancing sustainability and innovation and look forward to collaborating with more OEMs in China and working together to achieve a resource-efficient and carbon-neutral future
Renewable energy is used in BASF’s biomass balancing strategy.
A verified mass balancing technique is then used to assign the proportion of renewable raw resources to certain sales items.
REDcert is a biomass certification method that verifies that BASF has substituted the amounts of fossil resources necessary for the biomass balanced product sold with renewable raw materials.
