The practicality of automotive coating finds its usage in terms of both aesthetics and protection devotions. These days, the inclination towards automotive coating has enhanced due to rising consumer preference towards vehicle appearance and safety. In order to learn in-depth about the overall market for automotive coatings, Fact.MR has published an attentive research study titled “Automotive Coatings Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027. This assessment delivers valuable insights such as growth drivers, restraints, opportunities and trends expected to impact the global automotive coatings market in the coming years.
According to research findings, the automotive coatings market has been predicted to record modest CAGR of over 4.0% during the period until 2027. Furthermore, the target market witnessed rising volume sales exceeding 3,500 tons in 2018, which indicates positive statistics during the forecast period. Some of the prime motivators for market growth include propensity towards refinish formulations and popularity of water-borne coatings.
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