The global plastisols market Growth Accelerated by Increased Use in Automotive Parts Coating
Plastisols are dispersions of PVC resin particles in liquid plasticizers. They offer various advantages such as flexibility, weather resistance, and corrosion resistance. Plastisols are widely used for automotive parts coating, furniture fabric coatings, apparel coating, and medical device coatings. The global plastisols market is estimated to be valued at US$ 18.74 Bn in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trend driving the growth of the plastisols market is its increased use in automotive parts coating. Plastisols are increasingly used by automotive OEMs and component manufacturers for under the hood components coating, interior and exterior plastic parts coating, and other protective and decorative coatings. They provide benefits like resistance to heat, corrosion and abrasion. With recovering automotive production worldwide, the ...