Automotive Coatings Market Set to Reach USD 45.7 Billion by 2031 Amid Rising Vehicle Production and Demand for Sustainable Finishes
The global automotive coatings market is witnessing steady growth, driven by increasing vehicle production, rising consumer demand for aesthetically appealing vehicles, and the growing adoption of sustainable coating technologies. Valued at US$ 26.5 billion in 2022, the market is projected to expand at a CAGR of 6.3% from 2023 to 2031, reaching US$ 45.7 billion by the end of...
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