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    Features

    The 2023 Automotive Coatings Market

    The automotive industry is slowly recovering from the effects of the pandemic and the economy, while paint and coatings suppliers are working on innovations.

    The 2023 Automotive Coatings Market
    Photo courtesy of AkzoNobel
    The 2023 Automotive Coatings Market
    Photo courtesy of PPG
    The 2023 Automotive Coatings Market
    Photo courtesy of BASF
    The 2023 Automotive Coatings Market
    Photo courtesy of BASF
    David Savastano, Contributing Editor03.17.23
    The automotive coatings market suffered through some difficult times during the COVID-19 pandemic, with customer demand down and supply chain issues upending the auto industry. Even though the pandemic has ended, the economy remains a challenge, and automotive coatings specialists report that they are facing the same issues.

    Vincent Robin, global vice president, Automotive Coatings for PPG, noted that throughout 2022, the automotive OEM coatings market continued to face significant challenges, with customer component shortages that wreaked havoc in scheduling along with significant raw material inflation.

    “In addition to component shortages, labor challenges impacted our customers’ production plans to a point where the global light vehicle production was only marginally above the level of 2021,” added Robin. “PPG’s focus is on helping customers manage through raw material sho

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