Overall economy observed inside multiple elements of the world will be cited being a key constraint for revenue of car wheel coatings. High rates of garbage in Ukraine, growing occurrence regarding worker agitations around Chinese tyre coating crops, and a standard decline inside global creation of cars as well as other automobiles are usually observed since inhibitors regarding growth regarding global requirement for car wheel coatings. Future Industry Insights offers such crucial findings inside its newest report about global industry for car wheel coatings, which indicate how a demand regarding automotive tyre coatings will miss traction inside the years into the future.
Apropos the particular report, called “Automotive Tyre Coatings Industry: Global Market Analysis and also Opportunity Examination, 2016-2026, ” the particular global industry for car wheel coatings is currently valued at around US$ 524. 5 Mn. Besides economic limitations, the regressing sales regarding cars witnessed around the world is furthermore factoring the particular dip popular for car wheel coatings. By the conclusion of 2026, the international automotive tyre coating industry is likely to have soared at only 2. 8% CAGR, attracting a little lower than US$ 690 Mn inside revenues.
The particular report cites in which in upcoming, automotive tyre coatings may not be economical regarding car customers. Rising rates of covering materials can play any decisive function in usage of car wheel coatings among car buyers. Moreover, regulations which can be curbing the particular import & move of car wheel coatings among many nations can impose a poor impact around the market’s international expansion. Manufacturers regarding automotive tyre coatings may also face high challenges although tackling these kinds of restraints, and also securing limited profits. Companies for instance Cetelon – Baerlacher Party, Akzo Nobel In. V., KANSAI COLOR CO., LTD., PPG Market sectors, Inc., Arsonsisi azines. p. any., Axalta Covering Systems, LANKWITZER QUALITY COATINGS, Emil Frei GmbH & Corp. KG, and also TIGER Coatings GmbH & Corp. KG are usually profiled inside the report since leading participants in international automotive tyre coating industry.
Key Highlights with the Report contain:
By the conclusion of 2026, more as compared to 73 thousands of tonnes regarding clear/top covering products are usually projected being sold throughout the world
Global requirement for primer and also base coating products can incur any marginal decline with regards to global benefit share
Through the entire forecast period of time, acrylic enamel will continue to be a well known coating substance, procuring profits worth above US$ 160 Mn
While aluminium will probably be observed because the dominant substrate regarding automotive tyre coatings, international sales regarding steel since coating substrate can register progress at 3. 2% CAGR
North America’s car wheel covering sales can register a somewhat speedy progress, exhibiting any value CAGR regarding 3. 3%
Passenger automobiles will are the cause of over one-third regarding global car wheel covering revenues through the entire forecast period of time
Demand regarding automotive tyre coatings can witness a great upsurge inside Asia-Pacific taking out Japan (APEJ) location, primarily as a result of surging creation of autos witnessed in this region
Towards the conclusion of 2026, greater than US$ 500 Mn well worth of car wheel coatings will probably be sold by means of OEMs