Rising Demand for UV and Weather Protection Fuels Growth in Waterborne Automobile Coatings Market, Expected to Hit US$ 141.5 Billion by 2032

The global demand for waterborne automobile coatings is projected to surge, with an anticipated market value of US$ 79 billion in 2022, and is expected to reach US$ 141.5 billion by 2032, growing at a CAGR of 6% during the forecast period. This growth is largely attributed to the coatings’ ability to protect vehicles against UV radiation, …

Waterborne Automobile Coatings Market Set to Surge: Forecasted Growth to Reach US$ 141.5 Billion by 2032

The global demand for waterborne automobile coatings is projected to surge, with an anticipated market value of US$ 79 billion in 2022, and is expected to reach US$ 141.5 billion by 2032, growing at a CAGR of 6% during the forecast period. This growth is largely attributed to the coatings’ ability to protect vehicles against UV radiation, …