North America Car Care Products Market Size, Share & Industry Trends Analysis Report By Solvent (Water-based and Foam-based), By Application, By Product Type, By Vehicle Type, By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Car Care Products Market would witness market growth of 3.4% CAGR during the forecast period (2022-2028).
Car care products can be divided into two wide categories interior and exterior products. There are a variety of products present in the market for both segments. Some of the major products for exterior segment contain presoaks, wash soaps, wax & wash, whitewall tire cleaners, windshield washers & care products, car polishes and dressing.
With the usage of car care products, the probability of the car losing its natural shine is very rare. However, daily elements like sun, rain, pollution, weather, etc., can damage the vehicle's surface. Harsh weather conditions and extended exposure to sunlight can reduce the car's luster and make it look dirty, which can be overcome by using these car care products.
Detailers usually use presoaks. A good presoak will loosen up the dirt, grease, and road film from the vehicle surface and make it ready for car washing soaps. Generally, a standard presoak formula comprises good builders, surfactants with penetrating solid and wetting properties, and solvents like glycol ethers. Most presoak formulas have a high pH and contain fair amounts of electrolytes such as phosphates, silicates, and carbonates. The surfactants suitable for this usage should meet two requirements that is, they must be stable in high pH and also in high electrolyte environments.
The used-car-sales classifieds listings have shifted entirely to the online platform, which earlier used to come on the back of magazines or newspapers. Canada sells and buys roughly 3 million used cars every year, and out of that, 600,000 or done through these portals, which is increasing annually. The used cars may need more maintenance and cleaning which would rise the need for car care products in the nation.
The US market dominated the North America Car Care Products Market by Country 2021; thereby, achieving a market value of $2.3 billion by 2028. The Canada market is anticipated to grow at a CAGR of 5.7% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 4.8% during (2022 - 2028).
Based on Solvent, the market is segmented into Water-based and Foam-based. Based on Application, the market is segmented into Interior and Exterior. Based on Product Type, the market is segmented into Cleaning & Washing, Polishing & Waxing, Sealing Glaze & Coating, and Others. Based on Vehicle Type, the market is segmented into Passenger Cars and Commercial Vehicles. Based on Distribution Channel, the market is segmented into DIY/ Retail Stores and DIFM/ Service Centers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Car Care Products Market is Predict to reach $9.4 Billion by 2028, at a CAGR of 3.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Illinois Tool Works, Inc., SONAX GmbH, SOFT99 CORPORATION, Simoniz USA, Inc., Jopasu India Pvt. Ltd., Tetrosyl Limited, Turtle Wax, Inc., Bullsone Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Solvent
- Water-based
- Foam-based
By Application
- Interior
- Exterior
By Product Type
- Cleaning & Washing
- Polishing & Waxing
- Sealing Glaze & Coating
- Others
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By Distribution Channel
- DIY/ Retail Stores
- DIFM/ Service Centers
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 3M Company
- Illinois Tool Works, Inc.
- SONAX GmbH
- SOFT99 CORPORATION
- Simoniz USA, Inc.
- Jopasu India Pvt. Ltd.
- Tetrosyl Limited
- Turtle Wax, Inc.
- Bullsone Co., Ltd.
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