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Automotive Collision Repair Market Share

  • Report ID: GMI108
  • Published Date: Jul 2021
  • Report Format: PDF
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Automotive Collision Repair Market Share

The industry participants are diversifying product portfolio, expanding sales & distribution network and investing in disruptive technologies to improve profitability. In February 2021, 3M announced to invest in Repairfy, a portfolio company of Kinderhook Industries to develop tools & technology for Americas & Europe. The technology will aid in improving the service offering for automotive collision repair market ecosystem.
 

  • 3M
  • Caliber Collision
  • ATP Automotive
  • Denso Corporation
  • Eastman Chemical Company
  • Honeywell International Inc
  • Huntsman Corporation

are few key players in the market.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Automotive collision repair market size had surpassed USD 250 billion in 2020 and will observe a CAGR of over 2.5% through 2027.

Paints & coatings segment will capture around 20% share by 2027 due to increased product demand for touchups driven by growing traffic congestions leading to minor vehicle dents & scratch marks.

Passenger vehicles segment will witness CAGR of above 2.5% through 2027 with increasing passenger vehicle accidents due to growing road traffic density.

Asia Pacific automotive collision repair market will register a CAGR of around 3% through 2027 owing to increasing cases of accidents and crashes in the region.

OEM segment had recorded a valuation of over USD 170 billion in 2020 owing to the availability of easier replacements, insurance and warranty policies.

Automotive Collision Repair Market Scope

  • Automotive Collision Repair Market Size
  • Automotive Collision Repair Market Analysis
  • Automotive Collision Repair Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 32
    • Tables & Figures: 177
    • Countries covered: 20
    • Pages: 220
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