COIL COATINGS MARKET ANALYSIS

According to IBEF, the Indian automotive industry is expected to be valued at US$ 300 billion by 2026. This trend is expected to be followed over the forecast period. Purpose of IBEF is to promote and create international awareness of goods manufactured in India. Asia Pacific and North America are expected to be the most potential markets for Coil Coatings manufacturers. Asia pacific is the fastest growing segment due to its high economic growth rate and heavy investment in building, construction, and appliances. Government proposals for development of infrastructure, and rising housing market in developing countries is expected to drive the coil coatings market.