APAC-Automotive OEM Coatings Market to grow by USD 697.75 Mn in revenue through 2023-2027
APAC-Automotive OEM Coatings Market is estimated to grow at a CAGR of 3.28% between 2022 and 2027 followed by revenue growth of USD 697.75 million. The availability of coatings designed for fuel-efficient automobiles, increasing demand for waterborne coatings, and the growing automotive industry in APAC are some of the paramount elements that are likely to propel the market advancement during the forecast period.
Leading companies such as Grand Polycoats Co. Pvt. Ltd., Isamu Paint Co. Ltd., Jotun AS, Kansai Paint Co. Ltd., KCC Co. Ltd., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., ROCK PAINT Co. Ltd., S.Coat Co. Ltd., Savita Paints Pvt. Ltd., Solvay SA, Tara Paints and Chemicals, The Sherwin Williams Co., etc are contributed to the market development in the regions through various strategic alliances and partnerships.
Snapshot of APAC-Automotive OEM Coatings Market Analysis
"The availability of coatings designed for fuel-efficient automotive will drive the growth prospects for the global Automotive OEM Coatings Market in the forthcoming years. 100% of the market’s growth will originate from APAC during the forecast period. to emerge as the key markets for interventional cardiology in Asia", says senior research analyst for the market_industry_l Industry at Technavio.
APAC-Automotive OEM Coatings Market: Segment Highlights
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