Product ID: SQMIG25A2256
Global Automotive Wheel Coating Market Size, Share, Growth Analysis, By Coating Type(Powder Coating, Liquid Coating), By Substrate(Alloys, Carbon Fiber), By Vehicle Type(Passenger Cars, Light Commercial Vehicles) - Industry Forecast 2024-2031
Report ID:
SQMIG25A2256 |
Region:
Global |
Published Date: March, 2024
Pages:
172
|
Tables:
96 |
Figures:
76
Global Automotive Wheel Coating Market Regional Insights
Europe is projected to account for a sizeable chunk of the global automotive wheel coating market share across the forecast period owing to the presence of a robust automotive industry and key automotive manufacturers. Increasing launches of new vehicles and different types of wheel components are also slated to create new opportunities for automotive wheel coating companies in this region. Germany is estimated to account for a dominant market share in this region while being followed by countries such as France, Italy, and the UK.
On the other hand, rapidly increasing automotive production in the Asia Pacific region is earmarking it as the fastest-expanding regional market in the world. Japan, China, and India are slated to be the top countries in this region. Growing disposable income and rising sales of commercial as well as passenger vehicles in this region are contributing to the surging demand for automotive wheel coating. Moreover, the presence of a strong coating industry in this region is also slated to aid automotive wheel coating market development in the long run.
Global Automotive Wheel Coating Market Report Snapshots
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