Analysts Forecast the Automotive OEM Coatings Market in APAC to Grow at a CAGR of 5.52% over the Period 2014-2019
Automotive coatings are products used to enhance the exterior appearance and durability of a vehicle by protecting it from harsh external factors such as UV radiation, extreme temperatures, and grit from the road. Automotive manufacturers are the major end-users of automotive OEM coatings; they use the coatings during the production of new passenger cars, light commercial vehicles, and heavy commercial vehicles. Vendors in the market offer products for four different functional layers: e-coat, primer, basecoat, and clearcoat.
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