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 />
The report cites th<strong>at</strong> in future, au<strong>to</strong>motive wheel co<strong>at</strong>ings might not be economical for car buyers. Rising<br />
prices <strong>of</strong> co<strong>at</strong>ing m<strong>at</strong>erials will play a decisive role in adoption <strong>of</strong> au<strong>to</strong>motive wheel co<strong>at</strong>ings among<br />
vehicle buyers. Furthermore, regul<strong>at</strong>ions th<strong>at</strong> are curbing the import & export <strong>of</strong> au<strong>to</strong>motive wheel<br />
co<strong>at</strong>ings among several n<strong>at</strong>ions will impose a neg<strong>at</strong>ive impact on the market’s global expansion.<br />
Manufacturers <strong>of</strong> au<strong>to</strong>motive wheel co<strong>at</strong>ings will also face steep challenges while tackling such restraints,<br />
and securing marginal pr<strong>of</strong>its. Companies such as Cetelon – Baerlacher Group, Akzo Nobel N.V., KANSAI<br />
PAINT CO., LTD., PPG Industries, Inc., Arsonsisi s.p.a., Axalta <strong>Co<strong>at</strong>ing</strong> Systems, LANKWITZER PREMIUM<br />
COATINGS, Emil Frei GmbH & Co. KG, and TIGER <strong>Co<strong>at</strong>ing</strong>s GmbH & Co. KG are pr<strong>of</strong>iled in the report as<br />
leading players in global au<strong>to</strong>motive wheel co<strong>at</strong>ing market.<br />
Key Highlights <strong>of</strong> the Report include:<br />
By the end <strong>of</strong> <strong>2026</strong>, more than 73 thousand <strong>to</strong>nnes <strong>of</strong> clear/<strong>to</strong>p co<strong>at</strong>ing products are projected <strong>to</strong> be<br />
sold across the globe<br />
Global demand for primer and base co<strong>at</strong> products will incur a marginal decline in terms <strong>of</strong> global value<br />
share<br />
Throughout the forecast period, acrylic enamel will remain a prominent co<strong>at</strong>ing chemical, procuring<br />
revenues worth over US$ 140 Mn<br />
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