The Exterior Car Cleaning Products Market was valued at USD 10.32 Billion in 2020 and is expected to reach USD 14.26 Billion by year 2028, at a CAGR of 6.3% CAGR during the forecast period (from 2018 – 2026). The rising demand for high-performance chemical products which are used for long-lasting durability and quality of cars. Old vehicles and the declining trend of replacement of vehicles also support the growth of the market. The Exterior Car Cleaning Products market is majorly driven by the growing security and safety needs.
The development of the Exterior Car Cleaning Products market is into a growing phase owing to the advancement of the technology in vehicle washing techniques. The growing disposable income in key geographies enables customers to buy these products. Partnerships between manufacturers of Exterior Car Cleaning Products and company-authorized service centers will deliver efficient end-to-end solutions to the end customers. Increasing awareness amongst the customers of the advantages of the market boosting the growth of the market.
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Further key findings from the report suggest-
- Manufacturers of cleaning products are innovating the entire product line. One of the major trends in the system is bio-based cleaning products. In bio-based cleaning products, manufacturers have replaced fossil-based ingredients with bio-based ingredients like enzymes or plant oil
- Cleaning products segment are projected to be the leading segment of the overall car care product market during the forecast period
- Sustainability trend has taken priority over the last few years. ~80% of all ingredients found in Exterior Car Cleaning Products launched in North America claimed to be green solutions like plant-based and biodegradable products.
- The increasing need for environmentally friendly and waterless/no-rinse products owing to growing environmental concerns and restrictions
- Demand for the water-based solvent is increasing due to several reasons like several countries around the globe are facing the issue of water shortage, and hence governments are imposing rules and regulations towards the usage of water. Also, in multiple cases, the customer does not require water to clean the surface after the application of water-based solvents, but it can be wiped off the surface of the vehicle with a dry cloth
Key companies profiled in the report include:
3M (USA), Illinois Tool works (USA), Autoglym (UK), Sonax (Germany), Würth Group (Germany), Soft99 Corporation (Japan), Tetrosyl (UK), Simoniz USA (USA), Turtle Wax (USA), Liqui Moly (Germany), Northern Labs (USA), and others are operating in the marketplace
Exterior Car Cleaning Products by Product (Revenue, USD Million; 2018–2028)
- Cleaning and Caring
- Polishing and Waxing
- Sealing glaze and coating
- Protection
- Ice Scrappers
- Other
Exterior Car Cleaning Products by Component Material (Revenue, USD Million; 2018–2028)
- Glass
- Rubber
- Leather
- Metal Bodies
- Other
Exterior Car Cleaning Products by Distribution Channel (Revenue, USD Million; 2018–2028)
- Online
- Brick and Mortar
- Auto Beauty Shops
- Service Centres and Garages
- Super and Hyper Markets
- Company Authorised Shops
Exterior Car Cleaning Products by Solvent (Revenue, USD Million; 2018–2028)
- Water-based Solvents
- Foam-based Solvents
Exterior Car Cleaning Products by Application Area (Revenue, USD Million; 2018–2028)
- Interior
- Seat
- Dashboard
- Windows, glass, mirrors
- Other
- Exterior
- Bumper
- Bodywork
- Tyres and Rims
- Windows, glass, mirrors
- Other
Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East Africa
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