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Rising Average Age of Vehicles Contributing to Growth of Indonesian Automotive Refinish Coatings Market

The Indonesian automotive refinish coatings market is primarily categorized into primers & fillers, clearcoats, and basecoats, on the basis of product type. Clearcoats accounted for the major share of the market during 2013u20132017 (historical period), both in terms of value and volume. These coatings provide protection to the paint and metal body and improve resistance to the damage caused by foreign substrates and fluids. Due to these advantages, clearcoats are high in demand, which is further expected to result in the dominance of this category over the market during the forecast period.

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