Automotive Coatings Market CAGR of 5.1% up to 2022
Global automotive coatings market size is likely to be valued at USD 27.7 billion by 2022; as per a new research report by Radiant Insights, Inc. Vehicle aesthetics, UV radiation and temperature variation protection and enhance durability are certain factors likely favor market growth. Growth in automobile production particularly in Thailand, Indonesia, China and India is likely to drive automotive coating market demand. Request a Sample Copy of This Report: https://www.radiantinsights.com/research/automotive-coatings-market/request-sample Solventborne technology dominated the overall demand and accounted for 43.5% of the total volume in 2014. Waterborne coatings technology are expected to witness significant gains at an estimated CAGR of 5.3% up to 2022 owing to adherence of regulations imposed in the U.S. and Europe concerning VOC content. Basecoat automotive coatings dominated the product segment and accounted for over 35% of the total demand in 2014. It are also ...