In the dynamic landscape of automotive manufacturing, one critical aspect that often remains unseen but significantly impacts both aesthetics and functionality is automotive coatings. This article delves into the definition of automotive coatings, the features favored by manufacturers, recent developments, expanding applications, and future trends in this vital sector.
The global powder coatings market is estimated to be ~$13 billion and ~2.8 million MT in volume. It accounts for ~13% of the global industrial coatings market, and there are more than 1,200 companies involved in production and sales of powder coatings. This article discusses some of the emerging trends impacting this industry.
In a new study, market research firm Global Market Insights Inc. reports that rapid proliferation of the global automotive industry has been driving the automotive paints and coatings market size.
Research and Markets is offering Automotive Coatings: Technologies and Global Markets, a report covering the different types of automotive coatings used globally on various types of vehicles.
Research firm Persistence Market Research has released a new study that predicts the global automotive paint market will likely exhibit a compound annual growth rate (CAGR) of 5.7% during 2017-2022.
According to a report by research company Global Market Insights, the size of the automotive coatings market was estimated at more than 3.7 million tons in 2014 and is likely to exceed 5.5 million tons by 2022, with a growth rate of above 4.8%.
