The market for interior coatings is projected to grow to $57.8 billion by 2024, exhibiting a CAGR of 6.4 percent during 2019-2024
The Automotive OEM Interior Coatings Market was valued at USD 2417.55 million in 2020 and the market is projected to register a CAGR of around 2% during the forecast period (2021-2026).
The leading factors to this growth are:
- Growing end-use industries
- Technological advancements
- Economic growth in developing countries
- Stringent environmental regulations
- Growing purchasing power
- Rising demand for green and environment-friendly coatings
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