Global trade relations, stricter emission regulations and the health crisis can have a serious impact on the automotive OEM coatings market.
Manufacturers in this sector reported modest growth in 2019 and cited some factors that negatively impacted the market in 2020 – including global trade relations and the impact of the COVID-19 virus.
Despite the general market facing headwinds around the world, global growth is still projected.
This industry knows that its customers expect products to reflect the latest trends in colour and design, so a lot of time and effort is invested in recognizing future trends and developing attractive colour ranges.
For Caetano Coatings, customers will always be at the centre of everything we do. While the market is changing, we maintain our complete technology portfolio to meet the requirements of all our customers and the market in general.
Font: https://www.coatingsworld.com/issues/2020-03-01/view_features/automotive-oem-coatings-137672/