Asia-Pacific Automotive Paint Market, By Products Type, Companies, Forecast by 2027

Asia-Pacific economies are surging fast, boosting growth in the demand for many automobiles sector. China is by far the most significant automotive paint market in the Asia-Pacific region, followed by India, and Japan. Automotive paint is a water-based mixture that is sprayed on the surface of automobiles with the help of spray guns. Vehicle coatings that are creative and environmentally friendly are in high demand in the Asia automotive industry. As a result, a shift in consumer preference toward eco-friendly paints over traditional paints is crucial in market expansion. In the market, most eco-friendly paints are water-borne, whereas traditional paints are solvent-borne. The market share of water-borne systems has grown rapidly, owing to their favourable properties, such as mild odour, increased availability, and fast-drying. Furthermore, Powder coating and High-Solid are also receiving widespread attention in industrial research. According to Renub Research, the Asia-Pacific Automotive Paint Market will reach US$ 7.37 Billion by 2027.

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