COVID19: Strict Regulations Regarding Volatile Organic Compounds (Voc) Emissions To Boost The Automotive Specialty Coatings Market

  • According to the new market research report “Automotive Specialty Coatings Market by Layer (Primer, Base Coat, Clear Coat, and E-Coat), by Technology (Solvent-Based, Water-Based, Powder Coating and UV Cured Coating), by Resin (Polyurethane, Acrylic, Epoxy, Polyesters, and Others), by Application (Engine & Exhaust, Transmission System, Brake System, Steering System, Suspension System, Wheel Rims and Others), by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) — Global Forecast (2019 to 2027)”, the automotive specialty coatings market is estimated to reach around USD 3.8 Billion by 2027 at a CAGR of around 2.8% during the review period
  • Regulations regarding volatile organic compounds (VOC) emissions is a key factor to boost the demand for the automotive specialty coatings market
  • However, fluctuating raw material prices remain a major restraining factor for the market growth
  • Rising vehicle production has increased the production of coating application
  • To control Volatile Organic Compounds (VOCs) emission, the government has implemented regulations for coating manufactures to lower the use of VOCs in their products. Hence, supportive government regulations favoring eco-friendly coatings are expected to drive the market growth during the forecast period
  • The growing adoption of high-end vehicles is anticipated to boost the automotive specialty coatings market in the future
  • Disadvantages associated with specialty coatings is likely to act as a challenge for market growth
  • Asia-Pacific
  • Europe
  • PPG Industries, Inc.:
  • BASF SE:



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DataBridge Market Research

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