Auto Coatings in Eastern Europe Expected to Grow at 12-14%/Year
LONDON - IRL has published a new title for the industrial coatings sector. Potential of Automotive-Related Coatings in Eastern Europe is a study that covers eight key automotive-producing economies in Eastern Europe and examines the markets of automotive OEM coatings, automotive refinishes, powder coatings and coatings for plastics in each.
The total market for these coatings, including non-automotive applications, is estimated at 278,000 tons across the eight countries. Total demand in 2010 is expected to reach 478,000 tons, equivalent to average growth of 12% per year. In fact, automotive OEM coatings, powder coatings and coatings for plastics will grow on average by about 12-14% per year, with refinish growth trailing slightly at about 9% per year.
For information on purchasing the entire report or sections of it, contact Terry Knowles at tknowles@brg.co.uk or visit www.informationresearch.co.uk.
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