Automotive tefinish manufacturers Coatings World interviewed generally expressed optimism for the market, citing ample opportunites for growth. "Overall, the global automotive refinish market is stable to growing," said Danielle Ruess-Saltz, Axalta's Global Refinish spokesperson. "China's refinish market has shown continued growth in the high-end car segment, growing faster due to higher incomes and increased investment in the sector. The Indian refinish coating segment has also experienced double digit growth and we expect that our strong brands and diverse product range will attract and retain customets. We've also experienced strong growth in Latin America. In the U.S. and Canada, Western Europe, Australia and New Zealand we have seen an increased focus on paint efficiency as well as paint and materials profitability in body shops."
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