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Automotive Appearance Chemicals Market Size, Business Strategy and Regional Analysis by 2027

The market to reach US$ 3.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.3% during 2022-2027.


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Rahul Gautam

a year ago | 2 min read

According to IMARC Group’s latest report, titled “Automotive Appearance Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global automotive appearance chemicals market size reached US$ 2.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.3% during 2022-2027.

Market Outlook:

Automotive appearance chemicals are used to remove dirt, add shine to the surface and improve the visual appearance of vehicles. They are made using water, oils, solvents, phosphates, colorants, fragrances, abrasives, surfactants, emulsifiers, silicones, and synthetic waxes. Some of their widely available variants include waxes, polishes, cleaners, sealants, protectants, washer fluids, and fabric care products.

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Request Free Sample Report: https://www.imarcgroup.com/automotive-appearance-chemicals-market/requestsample

Market Trends: 

The boosting sales of passenger and commercial vehicles on account of rapid urbanization and inflating disposable incomes represent one of the key factors positively influencing the demand for automotive appearance chemicals worldwide. Moreover, governments of several countries are promoting the use of electric vehicles (EVs) by offering subsidies and tax rebates. This, in turn, is impelling the growth of the market. Apart from this, due to rising environmental concerns among individuals, manufacturers are introducing eco-friendly automotive appearance chemicals. They are also funding research and development (R&D) activities to reduce manufacturing costs, which is anticipated to create a positive outlook on the market.

Automotive Appearance Chemicals Market Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global automotive appearance chemicals market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • 3M Company Inc.
  • BASF SE
  • Blue Ribbon Products Inc.
  • Dow Inc.
  • Illinois Tool Works Inc.
  • Mothers Polishes Wax Cleaners Inc.
  • Niteo Products LLC
  • Northern Labs Inc. (Knowlton Development Corporation Inc)
  • Tetrosyl Limited (MWR Sales Limited)
  • Turtle Wax Inc.
  • Valvoline Inc.

Key Market Segmentation:

The report has segmented the global automotive appearance chemicals market on the basis of application, end use and region.

Based on Application:

  • Waxes
  • Polishes
  • Protectants
  • Wheel and Tire Cleaners
  • Windshield Washer Fluids
  • Others

Based on End Use:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Geographical Analysis: 

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa 

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3931&flag=C

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:                                                                                  

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

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Sheridan, WY 82801, USA

Email: sales@imarcgroup.com

Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

 

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