SLUGGISH UK PAINT AND COATING MARKET SET FOR REBOUND, THANKS TO GROWING AUTO SECTOR
April 1st, 2018
AFTER years of sluggish growth and even contraction, the UK paint and coatings sector is set to rebound this year thanks to a booming domestic automotive manufacturing sector. However, this optimism has yet to be felt across the sector due to uncertainly the industry is facing ahead of Brexit.
Clearly, a “robust rebound in vehicle production throughout 2016 sustained the demand for automotive coatings in the UK,” an analyst from London-based market intelligence company Euromonitor International told Polymers Paint Colour Journal. “Car production volume ...
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