WATERBORNE AUTOMOBILE COATINGS MARKET ANALYSIS
Challenges & Opportunities
Rapidly increasing automotive industry is driving the growth of waterborne automobile coating market, especially in Asia Pacific and the Middle East regions.
Restraints
Conventional coatings have VOC solvent content of about 84% (and 16% solids), while a waterborne base-coat comprises of 70% water (and 20% solids) and 10% solvent.
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