Automotive Coatings Market Drivers, Restraints and Opportunity 2023
Coatings are widely used in automotive industries in modern designs of head lamps that are made of blow molding compounds (BMC) for head lamp reflectors that are covered by a polycarbonate lens. Both the parts are coated mainly by UV coatings. Moreover, automotive coatings have significantly reduced corrosion protection, thereby leading to a long lasting appearance. Furthermore, the increasing demand for refinishing of vehicles globally owing to vehicle repair and maintenance raises the demand for paints and coatings.
View full press release