European Coatings Journal - 18.04.2022 | AUTOMOTIVE COATINGS MARKET REPORT

GETTING BACK ON SOLID GROUND?

Calling 2021 a "crisis year" seems trivial at first glance. The ongoing Corona pandemic continues to affect people and many sectors of the economy face immense problems. With regard to the car industry, however, the situation cannot be summarised so simply: While the Corona crisis and the ongoing semiconductor shortage pose immense challenges to the industry as a whole, the ongoing problems are increasingly dividing the auto industry into winners and losers. While numerous suppliers have to fight for their survival, carmakers are generating unprecedented profits as a result of their focus on highmargin models. According to an ...
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