The global automotive OEM and plastic parts coatings market was estimated by IRL at almost 2.25 million metric tonnes in 2018, a slight decline compared to the volumes in 2017 which reached about 2.28 million tonnes. Sales went down from EUR 13.74 to EUR 13.59 billion. The analysts of IRL believe sales have declined as a result of slowdown or decline in vehicle production in major markets. This decline in OEM and plastic parts coating sales is expected to continue as the early signs in 2019 suggested and is estimated to pick up from 2020 once the vehicle ...
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