Industry ChallengesThe refinish industry is expected to be down due to issues such as inventory destocking, weather conditions, and lower insurance claims.
Macroeconomic ImpactThe weak China macroeconomic environment has been a major headwind, particularly affecting AXTA's Mobility Coatings segment.
Market DependencyDependence on mergers and acquisitions to supplement volume growth in mature end markets is among the pushbacks on AXTA.