Frequently Asked Questions
The COVID-19 pandemic has had a major effect on the global automotive industry, including the automotive wheel coatings market. The pandemic has disrupted supply chains, forced production shutdowns, and reduced demand for cars, affecting demand for wheel coatings.
In 2022, North America held the largest revenue share of the global automotive wheel coatings market.
The increasing demand for high-quality and durable coatings that protect against corrosion, wear & tear, and environmental factors, as well as the growing adoption of eco-friendly and sustainable coatings, are the key drivers for the growth of the automotive wheel coatings market.
The heavy commercial vehicle segment had a major global market share in 2022.
Which is the major segment in the automotive wheel coatings market by vehicle class?
The luxury-priced segment had a major share in the global market.