Automotive Coatings: Riding the Rebound

Driven: Auto coatings are a bright spot for paintmakers. A rebound in automotive sales, particularly in North America, is driving growth in the original equipment manufacturer (OEM) automotive coatings sector, experts say. That growth should also help the automotive refinish business, albeit to a much lesser extent. ChemQuest (Cincinnati), a consultancy, expects automotive sales volume growth in U.S. to average a 4.4% compound annual growth rate (CAGR) from 2010 through 2015, says George Pilcher, v.p. at ChemQuest. This expectation is largely because the average...

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