Market Overview:
The global automotive care chemicals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automobiles and the subsequent increase in the need for automotive care chemicals. In addition, rising awareness about car detailing and car care among consumers is also propelling the growth of this market. The global automotive care chemicals market can be segmented on the basis of type into cleaning products, antifreezes, repair products, protection products, motor oil, technical care products and other types. On the basis of application, this market can be segmented into mass and hypermarket, automotive channel (dealerships/service centers), ecommerce platforms (online retail stores), wholesale clubs and others (including aftermarket sales). Geographically speaking, this market is segmented into North America (the U.S., Canada) Latin America (Mexico), Europe (Germany France Italy Spain United Kingdom Rest Of Europe), Asia Pacific excluding Japan) Japan) South Korea India China ASEAN Rest Of Asia Pacific) Middle East & Africa(GCC Countries Saudi Arabia South Africa Rest Of Middle East & Africa).
Product Definition:
An automotive care chemical is a product that is used to clean, protect, and maintain the appearance of a car. These chemicals are important because they keep the car looking new and help to prevent rust and other damage.
Cleaning Products:
Cleaning products are the fastest growing segment in the automotive care chemicals market. The growth of this segment is attributed to rising awareness about car maintenance and increasing disposable income of consumers. Additionally, changing lifestyle and habits of consumers has led them to spend more on convenience goods which include cleaning products such as degreasers, interior cleaners, glass cleaners etc., which are specifically designed for cars.
Antifreezes:
Antifreeze is a chemical that reduces the freezing point of water-based liquid and increases its boiling point. Antifreeze can be used as an alternative to conventional heat transfer fluids or cooling agents in applications where high temperature resistance is required. It has several advantages over other products such as it provides higher protection against engine failure, improves vehicle performance by reducing engine overheating and helps extend the life of automotive parts like transmission, brakes, bearings & filters.
Application Insights:
The automotive channel segment led the global market in 2017. The growth can be attributed to increasing penetration of ecommerce portals, which offer extensive product range for online purchase. Moreover, growing demand for premium quality repair and maintenance services is also propelling the segment growth. Automotive care chemicals are used to maintain interior and exterior vehicle appearance as well as to enhance driving experience and protect paint job from UV rays.
The otherts application segment includes personal computers or laptops, mobile phones or mobiles, household appliances such as washer/dryer machines/tumble dryers among others. Other than automobiles these products are widely used across multiple applications due to their superior performance characteristics coupled with user-friendly interfaces that make them easy to operate even by beginners without any prior knowledge about operating these devices.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing automobile production and sales in countries, such as China, India, Japan and South Korea. In addition, rising disposable income levels are anticipated to fuel the demand for automobiles resulting into an increased demand for automotive care chemicals across this region during the forecast period.
Europe is also likely to witness significant growth over the next eight years due to stringent regulations by various regulatory bodies regarding vehicular emissions coupled with consumer awareness about vehicle maintenance requirements. Moreover, high usage of premium grade motor oils that require regular topping up will augment market growth further on account of higher product utilization rates observed in European cars compared with other regions.
North America was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for automobiles due to rising disposable income and urbanization in developing countries
- Growing awareness about the benefits of automotive care chemicals among consumers
- Proliferation of car detailing services and aftermarket products
- Technological advancements that have led to the development of new and innovative automotive care chemicals products
- Stringent environmental regulations that promote the use of eco-friendly automotive care chemicals
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Care Chemicals Market Research Report
By Type
Cleaning Products, Antifreezes, Repair Products, Protection Products, Motor Oil, Technical Care Products, Otherts
By Application
Mass and Hypermarket, Automotive Channel, Ecommerce, Wholesale Clubs, Others
By Companies
Shell, ExxonMobil, BP, Chevron, TOTAL, Valvoline, Idemitsu Kosan, Sinopec, FUCHS, JX GROUP, LUKOIL, CNPC, 3M, Illinois Tool Works, Spectrum Brands, Turtle Wax, Prestone, Altro, Sonax, Tetrosyl, Biaobang, SOFT99
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Care Chemicals Market Report Segments:
The global Automotive Care Chemicals market is segmented on the basis of:
Types
Cleaning Products, Antifreezes, Repair Products, Protection Products, Motor Oil, Technical Care Products, Otherts
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mass and Hypermarket, Automotive Channel, Ecommerce, Wholesale Clubs, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shell
- ExxonMobil
- BP
- Chevron
- TOTAL
- Valvoline
- Idemitsu Kosan
- Sinopec
- FUCHS
- JX GROUP
- LUKOIL
- CNPC
- 3M
- Illinois Tool Works
- Spectrum Brands
- Turtle Wax
- Prestone
- Altro
- Sonax
- Tetrosyl
- Biaobang
- SOFT99
Highlights of The Automotive Care Chemicals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cleaning Products
- Antifreezes
- Repair Products
- Protection Products
- Motor Oil
- Technical Care Products
- Otherts
- By Application:
- Mass and Hypermarket
- Automotive Channel
- Ecommerce
- Wholesale Clubs
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Care Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive care chemicals are a type of chemical used in automotive care products. These chemicals help to clean, protect, and preserve the paint and other surfaces on a car.
Some of the major players in the automotive care chemicals market are Shell, ExxonMobil, BP, Chevron, TOTAL, Valvoline, Idemitsu Kosan, Sinopec, FUCHS, JX GROUP, LUKOIL, CNPC, 3M, Illinois Tool Works, Spectrum Brands, Turtle Wax, Prestone, Altro, Sonax, Tetrosyl, Biaobang, SOFT99.
The automotive care chemicals market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Care Chemicals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Care Chemicals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Care Chemicals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Care Chemicals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Care Chemicals Market Size & Forecast, 2018-2028
4.5.1 Automotive Care Chemicals Market Size and Y-o-Y Growth
4.5.2 Automotive Care Chemicals Market Absolute $ Opportunity
Chapter 5 Global Automotive Care Chemicals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Care Chemicals Market Size Forecast by Type
5.2.1 Cleaning Products
5.2.2 Antifreezes
5.2.3 Repair Products
5.2.4 Protection Products
5.2.5 Motor Oil
5.2.6 Technical Care Products
5.2.7 Otherts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Care Chemicals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Care Chemicals Market Size Forecast by Applications
6.2.1 Mass and Hypermarket
6.2.2 Automotive Channel
6.2.3 Ecommerce
6.2.4 Wholesale Clubs
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Care Chemicals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Care Chemicals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Care Chemicals Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Care Chemicals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Care Chemicals Market Size Forecast by Type
9.6.1 Cleaning Products
9.6.2 Antifreezes
9.6.3 Repair Products
9.6.4 Protection Products
9.6.5 Motor Oil
9.6.6 Technical Care Products
9.6.7 Otherts
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Care Chemicals Market Size Forecast by Applications
9.10.1 Mass and Hypermarket
9.10.2 Automotive Channel
9.10.3 Ecommerce
9.10.4 Wholesale Clubs
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Care Chemicals Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Care Chemicals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Care Chemicals Market Size Forecast by Type
10.6.1 Cleaning Products
10.6.2 Antifreezes
10.6.3 Repair Products
10.6.4 Protection Products
10.6.5 Motor Oil
10.6.6 Technical Care Products
10.6.7 Otherts
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Care Chemicals Market Size Forecast by Applications
10.10.1 Mass and Hypermarket
10.10.2 Automotive Channel
10.10.3 Ecommerce
10.10.4 Wholesale Clubs
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Care Chemicals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Care Chemicals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Care Chemicals Market Size Forecast by Type
11.6.1 Cleaning Products
11.6.2 Antifreezes
11.6.3 Repair Products
11.6.4 Protection Products
11.6.5 Motor Oil
11.6.6 Technical Care Products
11.6.7 Otherts
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Care Chemicals Market Size Forecast by Applications
11.10.1 Mass and Hypermarket
11.10.2 Automotive Channel
11.10.3 Ecommerce
11.10.4 Wholesale Clubs
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Care Chemicals Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Care Chemicals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Care Chemicals Market Size Forecast by Type
12.6.1 Cleaning Products
12.6.2 Antifreezes
12.6.3 Repair Products
12.6.4 Protection Products
12.6.5 Motor Oil
12.6.6 Technical Care Products
12.6.7 Otherts
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Care Chemicals Market Size Forecast by Applications
12.10.1 Mass and Hypermarket
12.10.2 Automotive Channel
12.10.3 Ecommerce
12.10.4 Wholesale Clubs
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Care Chemicals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Care Chemicals Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Care Chemicals Market Size Forecast by Type
13.6.1 Cleaning Products
13.6.2 Antifreezes
13.6.3 Repair Products
13.6.4 Protection Products
13.6.5 Motor Oil
13.6.6 Technical Care Products
13.6.7 Otherts
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Care Chemicals Market Size Forecast by Applications
13.10.1 Mass and Hypermarket
13.10.2 Automotive Channel
13.10.3 Ecommerce
13.10.4 Wholesale Clubs
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Care Chemicals Market: Competitive Dashboard
14.2 Global Automotive Care Chemicals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shell
14.3.2 ExxonMobil
14.3.3 BP
14.3.4 Chevron
14.3.5 TOTAL
14.3.6 Valvoline
14.3.7 Idemitsu Kosan
14.3.8 Sinopec
14.3.9 FUCHS
14.3.10 JX GROUP
14.3.11 LUKOIL
14.3.12 CNPC
14.3.13 3M
14.3.14 Illinois Tool Works
14.3.15 Spectrum Brands
14.3.16 Turtle Wax
14.3.17 Prestone
14.3.18 Altro
14.3.19 Sonax
14.3.20 Tetrosyl
14.3.21 Biaobang
14.3.22 SOFT99
