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 />
While aluminium will be observed as the dominant substr<strong>at</strong>e for au<strong>to</strong>motive wheel co<strong>at</strong>ings, global<br />
sales <strong>of</strong> steel as co<strong>at</strong>ing substr<strong>at</strong>e will register growth <strong>at</strong> 3.2% <strong>CAGR</strong><br />
North America’s au<strong>to</strong>motive wheel co<strong>at</strong>ing sales will register a rel<strong>at</strong>ively speedy growth, exhibiting a<br />
value <strong>CAGR</strong> <strong>of</strong> 3.3%<br />
Passenger cars will account for over one-third <strong>of</strong> global au<strong>to</strong>motive wheel co<strong>at</strong>ing revenues<br />
throughout the forecast period<br />
Demand for au<strong>to</strong>motive wheel co<strong>at</strong>ings will witness an upsurge in Asia-Pacific excluding Japan (APEJ)<br />
region, primarily due <strong>to</strong> surging production <strong>of</strong> au<strong>to</strong>mobiles witnessed in this region<br />
Towards the end <strong>of</strong> <strong>2026</strong>, more than US$ 500 Mn worth <strong>of</strong> au<strong>to</strong>motive wheel co<strong>at</strong>ings will be sold<br />
through OEMs<br />
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