Market Overview:
The global car antistatic wax market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The global car antistatic wax market is segmented on the basis of type, application and region. On the basis of type, the global car antistatic wax market is segmented into natural waxes and synthetic waxes. Natural Waxes are derived from plant or animal sources while Synthetic Waxes are man-made products. On the basis of application, the global car antistatic wax market is segmented into passenger cars and commercial vehicles. Passenger cars are further sub-segmented into luxury cars and non-luxury cars while commercial vehicles are sub-segmented into light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). Regionally, North America dominates the global car antistatic wax market followed by Europe due to high demand for passenger cars in these regions.
Product Definition:
A car antistatic wax is a substance that is applied to a car's surface in order to reduce the amount of static electricity that is produced. This can be important, as static electricity can cause problems such as door locks not working properly and dust being attracted to the car. Car antistatic wax can help to alleviate these issues.
Natural Waxes:
Natural waxes are obtained from plant & animal sources, such as petroleum, palm kernel oil, soybean oil and beeswax. These products have high melting points ranging from 40°C to 60°C and are considered as a non-toxic alternative to synthetic waxes.
These natural products do not contain any harmful chemicals or additives; however, they may contain impurities such as colorants and contaminants.
Synthetic Waxes:
Synthetic waxes are man-made or laboratory produced waxes that are used as a coating material on car bodies to reduce the static electricity build up on vehicle surfaces. The primary function of synthetic wax is to protect the surface of vehicles from electrostatic discharge (ESD) damage by dissipating the charge before it can cause any harm. They also have applications in protecting plastic parts and metal components from corrosion, wear & tear, oxidation and water rusting.
Application Insights:
Passenger car was the largest application segment in 2017 and is expected to maintain its lead over the forecast period. The growing importance of passenger cars in developing economies owing to increasing disposable income levels coupled with rising employment rates is anticipated to remain a prominent factor driving demand for anti-static waxes from 2018 to 2030. In addition, stringent government regulations on hygiene maintenance of public transport vehicles are projected to have a positive impact on industry growth over the coming years.
Commercial vehicle was one of the fastest-growing segments, accounting for more than 40% share of global revenue in 2017 due largely to an increase in demand for trucks and buses from construction industries across various regions including Asia Pacific and Middle East & Africa. In addition, rapid industrialization activities along with urbanization projects are anticipated further drive industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as automotive and electronics. Rapid industrialization, urbanization, and rising disposable income levels are also anticipated to drive product demand in this region.
The presence of major automobile manufacturers including Toyota Motor Corporation; Honda Motor Co., Ltd.; Nissan Motors Ltd.; Mazda Motor Corporation; Mitsubishi Motors Corp.; Dongfeng Motor Corporation; Changan Automobile Group Co., Ltd.; Geely Automobile Holdings Limited; Tata Motors Inc.; Mahindra & Mahindra Limited has significantly contributed towards regional growth. Furthermore, favorable government regulations aimed at promoting investments through Foreign Direct Investments (FDI) are projected to fuel industry expansion over the coming years.
Growth Factors:
- Increasing demand for luxury cars
- Rising disposable income of consumers
- Technological advancements in the automotive industry
- Growing awareness about the benefits of car antistatic waxes among consumers
- Proliferation of online retail platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Antistatic Wax Market Research Report
By Type
Natural Waxes, Synthetic Waxes
By Application
Passenger Car, Commercial Vehicle
By Companies
Turtle Wax, M, Henkel, SONAX, Northern Labs, Malco Products, Mother’s, Bullsone, Prestone, Darent Wax, Turtle Wax, Chief, Tetrosyl (CarPlan), 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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Car Antistatic Wax Market Report Segments:
The global Car Antistatic Wax market is segmented on the basis of:
Types
Natural Waxes, Synthetic Waxes
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
Passenger Car, Commercial Vehicle
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:
- Turtle Wax
- M
- Henkel
- SONAX
- Northern Labs
- Malco Products
- Mother’s
- Bullsone
- Prestone
- Darent Wax
- Turtle Wax
- Chief
- Tetrosyl (CarPlan)
- SOFT99
Highlights of The Car Antistatic Wax 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:
- Natural Waxes
- Synthetic Waxes
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 Car Antistatic Wax 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Car antistatic wax is a type of car wax that helps to prevent the build-up of static electricity on your car's surfaces. Static electricity can cause your car to spark and create electrical problems. Car antistatic wax helps to reduce the amount of static electricity that builds up on your car's surface, preventing these problems from occurring.
Some of the key players operating in the car antistatic wax market are Turtle Wax, M, Henkel, SONAX, Northern Labs, Malco Products, Mother’s, Bullsone, Prestone, Darent Wax, Turtle Wax, Chief, Tetrosyl (CarPlan), SOFT99.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Antistatic Wax 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 Car Antistatic Wax Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Antistatic Wax 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 Car Antistatic Wax 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 Car Antistatic Wax Market Size & Forecast, 2020-2028
4.5.1 Car Antistatic Wax Market Size and Y-o-Y Growth
4.5.2 Car Antistatic Wax Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Natural Waxes
5.2.2 Synthetic Waxes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Antistatic Wax 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 Car Antistatic Wax 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Natural Waxes
9.6.2 Synthetic Waxes
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 Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Natural Waxes
10.6.2 Synthetic Waxes
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 Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Natural Waxes
11.6.2 Synthetic Waxes
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 Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Natural Waxes
12.6.2 Synthetic Waxes
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 Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Natural Waxes
13.6.2 Synthetic Waxes
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) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
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 Car Antistatic Wax Market: Competitive Dashboard
14.2 Global Car Antistatic Wax Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Turtle Wax
14.3.2 M
14.3.3 Henkel
14.3.4 SONAX
14.3.5 Northern Labs
14.3.6 Malco Products
14.3.7 Mother’s
14.3.8 Bullsone
14.3.9 Prestone
14.3.10 Darent Wax
14.3.11 Turtle Wax
14.3.12 Chief
14.3.13 Tetrosyl (CarPlan)
14.3.14 SOFT99
