Axalta Named Global Commercial Vehicle Coatings Company Of The Year

Axalta has been named the 2021 Global Commercial Vehicle Coatings Company of the Year by global business consulting firm Frost & Sullivan.

The consulting firm said its annual Best Practices award recognised Axalta for developing innovative coatings that address OEMs’ evolving needs in designing lighter-weight vehicles and exterior components, as well as for its leadership in innovation and the commercialisation of highly efficient coating solutions.

As part of its analysis, Frost & Sullivan said it highlighted Axalta’s Imron and Rival coating solutions, which the company said save time and energy while improving productivity by reducing the number of steps in the application process. The new basecoat products can be applied directly on plastic substrates without an adhesion promoter, reducing the coating application process from the conventional three steps to two.

Each year, Frost & Sullivan presents a Company of the Year award to the organisation it believes demonstrates excellence in terms of growth strategy and implementation in its field. The award recognises a high degree of innovation with products and technologies, as well as leadership in customer value and market penetration. Industry analysts compare market participants and measure performance through in-depth interviews, analyses and extensive secondary research to identify best practices in the industry.

“Every day, we strive to build deeper relationships with our customers by listening to their needs, understanding their business and delivering world-class products and services that help them meet cost, quality, sustainability and cycle time targets,” said Joseph Wood, Vice President Global Commercial Vehicle Coatings at Axalta. “We’re honoured to be recognised for our innovation, product excellence and customer focus.”