Market Overview:
The global car care chemicals market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for car care products from automotive channels, ecommerce, and wholesale clubs. Additionally, rising awareness about the benefits of using car care chemicals is also propelling the growth of this market. Based on type, cleaning products accounted for a major share of the global car care chemicals market in 2017. This segment is projected to grow at a CAGR of 5.8% during 2018-2030 owing to its growing demand from automotive channels and ecommerce platforms across regions.
Product Definition:
Chemicals used to clean, polish and protect a car's finish.
Cleaning Products:
Cleaning products are widely used in the automotive industry for surface cleaning, as well as for deep cleaning purposes. The global market is expected to witness significant growth over the forecast period owing to increasing awareness regarding car care and maintenance among consumers. In addition, rising disposable income of individuals across various countries such as India, China, Japan and Malaysia is also anticipated to drive product demand over the next few years.
Antifreezes:
Antifreeze is a chemical that reduces the freezing point of water-based liquid. It is usually made from ethylene glycol, propylene glycol, and antifreeze agents such as dimethyl ether or methyl tert-butyl ether. Antifreeze agents are used to prevent the formation of ice crystals in automotive fluids.
Application Insights:
The automotive channel segment led the global car care chemicals market in 2017 and is anticipated to maintain its dominance over the forecast period. The growth can be attributed to increasing penetration of e-commerce platforms, which offer convenience and ease of access for consumers. Furthermore, rising demand for premium quality motor oil among automobile manufacturers is expected to drive the segment further.
The otherts category includes personal care products such as hand wash liquid, shampoo etc., which are used in automobiles according to user requirements. Increasing use of antibacterial soaps and sanitizers across various industries including healthcare has influenced users in automobiles as well as industrial applications alike. These factors are likely to propel product demand from other applications over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to rising vehicle production and increasing demand for repair products and motor oils. Europe accounted for more than 25% of the overall revenue share in 2017 on account of high product penetration by PQQ companies such as Castrol, Shell Chemicals, ExxonMobil Corporation; and lubricant giants like BP plc., Royal Dutch Shell Plc., Unilever NV; Esso Italy S.pA.; Petromax S.p A.;and Agip Italian Petroleum & Petrochemicals Company SPA).
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 due to rapid industrialization along with growing automotive industry across countries such as China, India Japan Thailand Indonesia South Korea Malaysia Philippines Singapore etc.).
Growth Factors:
- Increasing demand for car care chemicals from the automotive industry as a result of rising vehicle production and sales.
- Growing popularity of detailing services, which use car care chemicals to clean and protect vehicles' exteriors and interiors.
- Rising consumer awareness about the benefits of using car care chemicals, which has led to an increase in their adoption across regions.
- Proliferation of online retail platforms that offer a wide range of car care chemical products, making them more easily accessible to consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Car 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 Club, 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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Car Care Chemicals Market Report Segments:
The global Car 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 Club, 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 Car 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 Club
- 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 Car 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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 care chemicals are a type of cleaning agent that are used to clean the inside and outside of a car. They can be used in conjunction with other car care products, such as waxes and polishes.
Some of the major players in the car 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 car care chemicals market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car 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 Car Care Chemicals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car 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 Car 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 Car Care Chemicals Market Size & Forecast, 2018-2028
4.5.1 Car Care Chemicals Market Size and Y-o-Y Growth
4.5.2 Car Care Chemicals Market Absolute $ Opportunity
Chapter 5 Global Car 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 Car 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 Car 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 Car 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 Club
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car 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 Car 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 Car Care Chemicals Analysis and Forecast
9.1 Introduction
9.2 North America Car 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 Car 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 Car 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 Club
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 Car Care Chemicals Analysis and Forecast
10.1 Introduction
10.2 Europe Car 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 Car 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 Car 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 Club
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 Car Care Chemicals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car 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 Car 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 Car 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 Club
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 Car Care Chemicals Analysis and Forecast
12.1 Introduction
12.2 Latin America Car 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 Car 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 Car 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 Club
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) Car Care Chemicals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car 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) Car 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) Car 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 Club
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 Car Care Chemicals Market: Competitive Dashboard
14.2 Global Car 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
