Automotive Paints Market Size, Share, Growth Analysis, 2028
The automotive paints market is projected to reach USD 9.9 Billion by 2028 from an estimated USD 8.4 Billion in 2023, growing at a CAGR of 3.2% during the forecast period. The increasing in sales of EVs, growing trend for purchasing the compact and mid sized SUVs is driving the global automotive paints market. Also, there is increase in adoption for powder coating and water-borne coating technologies...
Changing Demands in Automotive Paints Market- Boon or Bane?
The industry of paint products of automobiles is evolving at a slow yet steady rate. Automotive paints technology has evolved in line with the changing demands of the market. The type, quality and utility of the automotive paints is evolving on a constant basis. This is a great sign for the existing business in the market. It is also a positive sign for the investors and businesses from different parts...