Kerry Pianoforte03.19.07
As automakers face continuing pressures to cut production costs, automotive OEM coating suppliers are focusing on developing innovative technologies that meet both environmental regulations and help reduce overall energy costs.
While the North America and Western Europe markets remain relatively flat, there is plenty of opportunity for growth in emerging regions such as China, Southeast Asia, India and Eastern Europe.
"The market is to an extent based on the number of cars produced," said David Fischer, marketing manager, DuPont Performance Coatings. "In general global vehicle production continues to increase at a modest pace. Regionally South America and Asia, with the exception of Japan, have been growing at a faster rate than the more established markets of Europe and North America, although all regions are seeing increases."
"In North America and Europe there is very little growth," said Jim Ohlinger, manger, product engineering, decorative coating systems for PPG Industries. "They are very mature markets."
These emerging regions present future growth opportunities for automotive OEM coatings suppliers. Coatings supplie
While the North America and Western Europe markets remain relatively flat, there is plenty of opportunity for growth in emerging regions such as China, Southeast Asia, India and Eastern Europe.
"The market is to an extent based on the number of cars produced," said David Fischer, marketing manager, DuPont Performance Coatings. "In general global vehicle production continues to increase at a modest pace. Regionally South America and Asia, with the exception of Japan, have been growing at a faster rate than the more established markets of Europe and North America, although all regions are seeing increases."
"In North America and Europe there is very little growth," said Jim Ohlinger, manger, product engineering, decorative coating systems for PPG Industries. "They are very mature markets."
These emerging regions present future growth opportunities for automotive OEM coatings suppliers. Coatings supplie
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