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Home > Chemicals Paints & Coatings >  Brazilian Automotive Paints and Coatings Market

Brazilian Automotive Paints and Coatings Market



 

Car sales should be one of the main driver for automotive paints and coatings sales, as well as higher household income. The market grew more then 10 per cent in 2010, and is expected to continue to grow above Brazilian GDP in the next years. The market is mainly segmented into OEM and refinish, the first, concentrated to automakers, the second, fragmented into body shops. Forecasts shows that higher demand in the next years may represent an market bottleneck, which will force companies to invest into production capacity.

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