Car care products are high-performance chemicals that help to keep cars looking new. They include cleaning and washing products, polishes, waxes, and sprays. The market is segmented by product type, solvent, application, vehicle type, distribution channel, and region. Key players in the global car care products market include 3M; Adolf Wurth GmbH & Co. KG; Amtra Sp. z o.o; ARMOR ALL; Chemical Guys; Jopasu India Pvt. Ltd; and Cartec BV.
Technology
The global car care products market is segmented by product type, solvent, application, vehicle type, distribution channel, and sales channel. It is further divided by region, including North America, Europe, Asia-Pacific, and LAMEA. Some of the key players in this market include 3M, Armor All, SONAX GmbH, Amtra Sp. z o.o, Tetrosyl Ltd, Chemical Guys, Northern Car Care, Optimum Polymer Technologies, Autoglym, Adolf Wurth Group, Cartec B.V, and Jopasu India Pvt. Ltd.
The demand for car care products is expected to continue to grow due to increased consumer spending on vehicles and growing awareness about maintaining the aesthetics of vehicles. Additionally, strict lockdowns and social distancing to contain the spread of the pandemic have resulted in an increase in new-vehicle purchases in many regions, which is likely to boost the industry’s growth.
Moreover, the growing number of e-commerce platforms, as well as the increasing popularity of online retail channels for selling car care products, are contributing to market growth.
Pricing
The pricing of car care products is expected to increase owing to the rise in raw material prices. Moreover, the market is likely to witness growth owing to the recovery in new-vehicle sales despite strict lockdowns and social distancing measures taken by several countries against pandemic influenza. The global market for car care products is segmented by product type, solvent, application, vehicle type, distribution channel, and sales channel. It is analyzed across North America, Europe, Asia-Pacific, and LAMEA.