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EN
Brazil’s paint and coatings market reaches record high in 2024
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European Coatings
Automotive OEM coatings saw the strongest rise at +9.7%, driven by increasing car production.
Decorative paints maintained their momentum with a 5.9% increase, reaching a record 1.490 billion liters.
This reflects ongoing consumer trends toward home improvement and growing consumer confidence.
Source: AI-generated image created with ChatGPTIndustrial coatings rose 6.3% year-on-year, fueled by sales of consumer durables and infrastructure investments.
Meanwhile, automotive refinish coatings increased by 3.6%, benefitting from both new and used car sales and corresponding repair activities.
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