Frost & Sullivan Podcasts

Topic Discussed : Coatings, Adhesives and Sealants Market in Automotive & Transportation IndustrySpeaker : Christeena ThomasKey Takeaways : The global automotive refinish coatings market is expected to grow at a low to moderate rate during the coming 5 to 10 years period as the demand from developed countries of North America and Europe is expected to be on the decline due to significantly lesser number of road accidents year on year. Increasingly improving technologies for car safety systems result in reduced accident rates restraining the growth of the market. Moreover, higher growth of independent body shops and multi-shop operators (MSOs) that use lower end refinish coatings restrains the revenue growth of the market. With a constantly evolving regulatory landscape, adopting a more environmentally sustainable and regulatory-compliant product formulation is expected to drive the revenues for automotive OEM and refinish coatings globally. On the other hand, the global aerospace sealants, adhes