Market Trends: Opportunities for Growth in Automotive Sector Continue for Adhesives, Sealants and Coatings
The global automotive coatings, adhesives and sealants market is predicted to grow at an annual rate of 5.59% from 2013 to 2018.
The global automotive coatings, adhesives, and sealants market is predicted to grow at a compound annual growth rate (CAGR) of 5.59% from 2013 to 2018, according to “The Global Automotive Coatings, Adhesives, and Sealants Market 2014-2018,” a recent report from TechNavio. A key factor contributing to this market growth is the growing demand for various types of coatings. The global automotive coatings, adhesives and sealants market has also been witnessing increasing demand from emerging economies. However, rising raw material costs could pose a challenge to the growth of this market.
The report covers the Americas, as well as the Asia-Pacific and Europe, Middle East and Africa (EMEA) regions. In addition, it addresses the global automotive coatings, adhesives, and sealants market landscape and growth prospects in the coming years.