Global Automotive Refinish Coatings: Strict Regulations Force Manufacturers to Shift from Solvent-Based Coatings to Water-Based Coatings, Finds TMR
With the top five players accounting for over 65% share in the global market for automotive refinish coatings, the competitive landscape looks consolidated. Among the top five players, the two most dominant ones, namely PPG Industries and Axalta Coatings Systems, LLC, held about 40% share in the market in 2015.
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