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(Transportation-News.com, October 24, 2017 ) In 2012, the global automotive collision repair market was valued around USD 163.39 billion and is anticipated to reach approximately USD 246.78 billion by 2022, while maintaining a compound annual growth rate (CAGR) of 3.78% during the forecast period owing to the augmented technological advancements and subscriptions of automobile insurance. The modern age automobiles have superior safety features set up in them that have contributed to reducing losses on roads. Contrarily, accidents & impacts caused vehicular damage is amplified, directly affecting the revenue produced in the automotive collision repair industry worldwide. The market includes numerous sales-valuation models. For example, many retail merchants of automobiles sell DIY (Do-It-Yourself) kits to customers who desire to repair their cars themselves. In several suburban areas in the Asia Pacific and Latin American, this trend is observed. Some retail merchants sell to specialized restoration and auto service centers particularly.
Major Key Player
BASF
3M
Continental AG
DuPont
Bosch
Honeywell International
ZF Friedrichshafen
Federal-Mogul Holdings
DENSO
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The global automotive collision repair market is segmented as follows :
By Vehicle Type
• Light-duty
• Heavy-duty
By Product
• Coatings & Paints
• Consumables
By Region
• North America
o U.S
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia Pacific
• Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o United Arab Emirates
o Others
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Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Demand of Green, Environment-Friendly & Healthier Coating Systems
3.2.1.2. Rising Demand From End-Use Industry in several region
3.2.1.3. Huge Benefits of Automotive Coating
3.2.2. Restraints
3.2.2.1. Strict Environmental Guideline in Developed Nations
3.2.2.2. Instability of Raw Material Prices
3.2.3. Opportunities
3.2.3.1. Technological Advancement in Coating Technology
4. Automotive Collision Repair Market, By Product
5. Automotive Collision Repair Market, By Application
6. Automotive Collision Repair Market, By Region
7. Company Profiles
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