Automotive Wheel Coating Market to Grow at a CAGR of 2.8% by 2026
Future Market Insights has announced the addition of the “Automotive Wheel Coating Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
Future Market Insights has announced the addition of the “Automotive Wheel Coating Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
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<strong>Au<strong>to</strong>motive</strong> <strong>Wheel</strong> <strong>Co<strong>at</strong>ing</strong> <strong>Market</strong><br />
Global Demand for <strong>Au<strong>to</strong>motive</strong> <strong>Wheel</strong> <strong>Co<strong>at</strong>ing</strong>s will Incur Downtrend during 2016-<strong>2026</strong><br />
Economic crisis observed in multiple parts <strong>of</strong> the world is being cited as a key restraint for sales <strong>of</strong><br />
au<strong>to</strong>motive wheel co<strong>at</strong>ings. High prices <strong>of</strong> raw m<strong>at</strong>erials in Ukraine, rising occurrence <strong>of</strong> worker<br />
agit<strong>at</strong>ions across Chinese wheel co<strong>at</strong>ing plants, and an overall decline in global production <strong>of</strong> cars and<br />
other au<strong>to</strong>mobiles are observed as inhibi<strong>to</strong>rs for growth <strong>of</strong> global demand for au<strong>to</strong>motive wheel<br />
co<strong>at</strong>ings. Future <strong>Market</strong> Insights delivers such pivotal findings in its l<strong>at</strong>est report on global market for<br />
au<strong>to</strong>motive wheel co<strong>at</strong>ings, which indic<strong>at</strong>e how the demand for au<strong>to</strong>motive wheel co<strong>at</strong>ings will lose<br />
traction in the years <strong>to</strong> come.<br />
Apropos the report, titled “<strong>Au<strong>to</strong>motive</strong> <strong>Wheel</strong> <strong>Co<strong>at</strong>ing</strong>s <strong>Market</strong>: Global Industry Analysis and<br />
Opportunity Assessment, 2016-<strong>2026</strong>,” the global market for au<strong>to</strong>motive wheel co<strong>at</strong>ings is presently<br />
valued <strong>at</strong> an estim<strong>at</strong>ed US$ 524.5 Mn. Apart from economic constraints, the declining sales <strong>of</strong> cars<br />
witnessed across the world is also fac<strong>to</strong>ring the dip in demand for au<strong>to</strong>motive wheel co<strong>at</strong>ings. By the end<br />
<strong>of</strong> <strong>2026</strong>, the global au<strong>to</strong>motive wheel co<strong>at</strong>ing market is anticip<strong>at</strong>ed <strong>to</strong> have soared <strong>at</strong> just <strong>2.8%</strong> <strong>CAGR</strong>,<br />
bringing in a little less than US$ 690 Mn in revenues.<br />
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