Global Automotive Body Filler Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Automotive Body Filler Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Automotive body filler is mainly used to fill the outer space of vehicles, usually polyester resin-based filler with cream hardener, which can be used to smooth dents, cover defects on vehicles and form smooth and uniform surfaces.

Market Overview:

The latest research study on the global Automotive Body Filler market finds that the global Automotive Body Filler market reached a value of USD 1151.15 million in 2022. It’s expected that the market will achieve USD 1531.5 million by 2028, exhibiting a CAGR of 4.87% during the forecast period.

Affect the normal operation of the industry

The raging Covid-19 has plunged the global economic environment into depression. The influence of Covid-19 on Automotive Body Filler industry will involve all major links and entities in the industrial chain. The management efficiency of the company has declined, people's travel has been restricted, production plans have been seriously hindered, network expansion has been delayed, marketing has been delayed, market sales have declined, and the income of the company and employees has declined. The impact of the epidemic on automotive body filler industry depends on the prevention and control effect of Covid-19.

Downstream demand decline in a short time

For the Automotive Body Filler market, the most direct impact is undoubtedly the sharp decline in sales in recent months. Because of the greater risk of Covid-19 infection, people prefer to stay in a safe place and reduce the frequency of mobility. Therefore, most people choose to reduce travel, which reduces the collision probability of vehicles, and the demand for car body filler also decreases. In addition, at the beginning of the epidemic, most auto repair centers were closed, which led to the depression of the downstream industry. As the market of Automotive Body Filler was mainly driven by the downstream, it had a great impact on the industry demand.

Strength

It is relatively cheaper to use Automotive Body Filler
Because the price of Automotive Body Filler is reasonable, and only a few preparations and tools are needed. Traditional maintenance methods require special and expensive tools, while car body fillers only need simple hand tools (such as some plastic spreaders and some sandpaper) to complete the work. Body filler can be a good tool to repair automobile body damage, but it requires users to master the correct use method and have enough patience. In order to obtain the best effect, Automotive Body Filler should be used in combination with the traditional dent.

Automotive Body Filler can reduce working hours

If used correctly, Automotive Body Filler can reduce the maintenance time, and usually requires much less experience and skills. Just repair as many original damages as possible, polish the metal surface, and then cover the metal surface with filler, and then it can be cured. After drying and polishing, you can prepare primer and paint.

Weakness

The number of people who choose to replace the body panel increases

With the thickness of sheet metal panels becoming thinner and thinner, fewer and fewer panels are repaired, and more and more panels are replaced. In fact, in today's efficient crash repair shops, the probability of replacement of body panels is increasing. If the number of panels to be repaired is reduced, this will affect the amount of filler required for the vehicle body.

Fluctuations in raw material prices

Raw material cost accounts for most of the production cost of Automotive Body Filler, and the fluctuation of raw material price brings uncertainty to Automotive Body Filler production enterprises, which directly affects their gross profit. For small and medium-sized enterprises without perfect supply channels, the price change of raw materials in the market will have a great impact on their procurement costs, and then affect the normal operation of the whole enterprise.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

3M is one of the major players operating in the Automotive Body Filler market, holding a share of 18.6% in 2023.

The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films. It is based in Maplewood, a suburb of Saint Paul, Minnesota.

Evercoat began as Fibre-Glass Evercoat in 1953. Its manufacturing is based in Cincinnati, OH, with sales and marketing offices in Ohio, Brazil, UK, Spain and China. Evercoat have distribution centers in Ohio, California, Brazil, UK, Spain and China. Evercoat have a wide range of additional products which have been developed for the body repair industry, including adhesives, spray filler, plastic repair and ancillary products.

Segmentation Overview:

By type, Medium Body Fillers segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Dent Fill, with a market share of 88.2% in 2022.

Dent Fill

Body filler is a thick resin that is commonly used to repair dents, when done properly, body filler can make dents of exterior vehicle damage look revitalized and back to its original form. From smaller-sized dents to ones caused by hail damage, body filler can help cars look like new.

Rust Fill

Rust not only damages the beauty of the car body, but also damages the structural integrity of the car if it lasts too long, because rust will corrode the metal over time. When using the Automotive Body Filler to remove rust, the rusty area should be polished first, and the surface should be smooth without rust before using the Automotive Body Filler. Then polish and spray paint to help the car body restore its original appearance.

Key Companies in the global Automotive Body Filler market covered in Chapter 3:

3M
USC
The Eastwood Co.
Evercoat
AkzoNobel
Clausen Company Inc.
Guangzhou Wonder Coating Technology Co., Ltd.
Guangdong Sybon New Materials Co., Ltd.
U-POL

In Chapter 4 and Chapter 14.2, on the basis of types, the Automotive Body Filler market from 2018 to 2029 is primarily split into:

Standard Body Fillers
Medium Body Fillers
Premium Body Fillers

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automotive Body Filler market from 2018 to 2029 covers:

Dent Fill
Rust Fill
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)