Automotive Coatings Market to Reach $19 Billion by 2028
2024/09/05 08:51
Polyurethane, by resin type, holds the largest share of the overall automotive coatings market during the forecast period. Polyurethane coatings are known for their excellent durability and resistance to various environmental factors. They provide a strong layer that protects the vehicle from UV radiation, weathering, chemicals, and abrasion.
Asia Pacific is likely to be the fastest growing automotive coatings market during the forecast period. Asia Pacific is a major hub for automotive manufacturing. The region has witnessed a surge in production and sales of automobiles.
