Coatings World interviews Rob Lagendijk, Commercial Marketing and Product Management Director for AkzoNobel’s Automotive and Specialty Coatings Business, and Steve Arndt, Senior Vice President, Global Automotive Refinish Coatings, Surventis.
Outside of the Middle East, Asia has been the most impacted by the closure of the Strait of Hormuz, particularly Southeast Asia, South Asia, Japan, and South Korea.
China accounts for more than 32% of the global automotive coating market. In value terms, the sector is estimated at about 57 billion yuan ($8.55 billion) at the end of 2025.
An estimated $9.6 billion in damage occurred from the August 10 earthquake that has killed at least 294 people and injured more than 4,000 as of mid-August.
