What's Driving the Automotive Collision Repair Market Growth? 3M, ATP Automotive, Caliber Collision, Continental Corporation, Denso Corporation, DuPont, Eastman Chemical Company, Faurecia, Federal-Mogul Holdings Corp., Henkel AG & Co., KGaA, Honeywell Int

A detailed analysis of the automotive collision repair market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the automotive collision repair industry report also contains information on the pivotal industry insights for core players to look out for.

Eventually, initiatives similar to those of GM are expected to increase automotive collision repair market share from the aftermarket. According to estimates in fact, automotive collision repair industry size from aftermarket is predicted to register the a commendable CAGR among any of the end-users of the market.

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Product analysis:
Product segmentation: The report claims that the Product landscape of the automotive collision repair market is subdivided into -
o Crash Parts
o Paints & Coatings
o Adhesives & Sealants
o Abrasives
o Finishing Compounds
o Others

Important pointers encompassed pertaining to the Product spectrum:
o Major details about the Product spectrum are provided in the report.
o The study elaborates on the remuneration forecast of each of the Product categories by the end of the anticipated duration.
o The market share which each of the Product segments account are mentioned in the study.
o Also, the most proliferating trends that the Product spectrum is characterized by are also entailed.

Vehicle analysis:
Vehicle segmentation: The report states the Vehicle landscape of the automotive collision repair market to be split into -
o PCV
o LCV
o HCV
o Two-wheelers
Important pointers encompassed pertaining to the Vehicle spectrum:
o Substantial details about the Vehicle spectrum are provided in the report.
o The study mentions about the valuation estimate of each of the Vehicle categories in detail, by the end of the forecast period.
o The market share that each of the Vehicle segments account are mentioned in the study.
o The trends that the Vehicle landscape is defined by are also contained in the report.

Considering the increasing number of independent repair shops, automotive collision repair market behemoths are focusing on manufacturing innovative products to generate more revenue. Recently, in the 2017 SEMA show, the automotive aftermarket division of 3M launched a rather unique vehicle painting process - a spray cup system that provides improved efficiency, advanced performance, and cleanliness while reworking. With this product, 3M further validates the fact that the rising innovation in paints and coatings technology is likely to boost automotive collision repair industry trends in the years ahead. For the record, automotive collision repair industry size from paints and coatings registered a CAGR of 2.5% over 2018-2024.

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It is prudent to note than the growing trends of digitization and automation have also brought about a transformation in automotive collision repair market outlook. In order to sustain their presence across this business sphere, independent vehicle reworks have been inking partnerships with digital marketing services. For instance, a collision repair and auto body paint provider, City Auto Body has recently declared a partnership with a small business marketing and search engine optimization firm, BizIQ to strengthen its reputation across real-time and digital channels.

The automotive collision repair market research report presents significant information on the methodology deployed to conceptualize the study in question, by means of various primary and secondary sources. The scope of the report and the elements contained in the same with respect to the growth spectrum of the automotive collision repair industry has been discussed in the study. Also mentioned in the document are details pertaining to the financial data of the companies profiled in the report, in addition to the currently prevalent price trends of the automotive collision repair industry.

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