Automotive Specialty Coatings Market is expected to grow at a CAGR of 3.2% during the next five years, according to a newly added report by Stratview Research. Mounting automotive production across the world, rising temperature of the vehicle due to engine downsizing, increasing number of applications of specialty coatings, trends towards the development of advanced transmission systems, such as automated manual transmission (AMT), are the major factors driving the specialty coatings market in the automotive industry.
The report offers detailed insights in relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in six ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2020-2025.
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