The company reported a reduction of 8 million kg of CO₂ emissions in 2024 through its biomass-balanced coatings, with U.S. product launches planned for 2025.
BASF Coatings announced a new strategic partnership with the BMW Group, which will see the company’s premium refinish brands, Glasurit and R-M, become preferred paint brands for BMW’s aftersales network in select markets.
The advanced tools are the latest components of the PPG LINQ end-to-end digital solution for the global refinish industry that provide productivity and sustainability improvement for body shops.
Future Market Insights' half-yearly comparison analysis and review features insights into the market's various industrial and innovation factors including electronic industrial growth, innovative coating applications in the construction and automotive sectors, investments in the field of nanotechnology, and more.
While recent years have witnessed a bit of a slowdown in the growth of the automotive sector, the value produced by body shops and repair facilities has increased significantly, which illustrates the market for automotive refinish coatings' potential for expansion.
Future Market Insights has released a new automotive refinish market report, titled Automotive Refinish Coatings Market by Material Type, Product, Vehicle, Technology, Commercial Vehicles, End Use & Region – Forecast 2023 - 2033.
.jpg?height=168&t=1670827328&width=275 "Market-Reports (1)")