Global Automotive Aftermarket Appearance Chemicals Industry
Global Automotive Aftermarket Appearance Chemicals Market to Reach US$5.2 Billion by the Year 2027
NEW YORK, July 14, 2020 /PRNewswire/ --
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Amid the COVID-19 crisis, the global market for Automotive Aftermarket Appearance Chemicals estimated at US$4.4 Billion in the year 2020, is projected to reach a revised size of US$5.2 Billion by 2027, growing at a CAGR of 2.3% over the analysis period 2020-2027.Windshield Washer Fluids, one of the segments analyzed in the report, is projected to grow at a 1.5% CAGR to reach US$1.5 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Waxes/Polishes segment is readjusted to a revised 3.1% CAGR for the next 7-year period. This segment currently accounts for a 25% share of the global Automotive Aftermarket Appearance Chemicals market.
The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 4.3% CAGR for the Period of 2020-2027
The Automotive Aftermarket Appearance Chemicals market in the U.S. is estimated at US$1.2 Billion in the year 2020. The country currently accounts for a 27.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1 Billion in the year 2027 trailing a CAGR of 4.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1% CAGR while Rest of European market (as defined in the study) will reach US$1 Billion by the year 2027.
Protectants Segment Corners a 23.9% Share in 2020
In the global Protectants segment, USA, Canada, Japan, China and Europe will drive the 2.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$793.9 Million in the year 2020 will reach a projected size of US$931.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$704.2 Million by the year 2027, while Latin America will expand at a 3.6% CAGR through the analysis period. We bring years of research experience to this 18th edition of our report. The 214-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
- Competitors identified in this market include, among others,
- 3M Automotive Aftermarket Division
- 3M Company
- Blue Ribbon Products Inc.
- Illinois Tool Works Inc.
- Meguiar`s Inc.
- Niteo Products LLC
- Northern Labs Inc.
- Permatex Inc.
- Protect All Inc.
- Turtle Wax Inc.
Read the full report: https://www.reportlinker.com/p04778728/?utm_source=PRN
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Automotive Appearance Chemicals Market - A Prelude
Recent Market Activity
New Vehicles have Higher Per Capita Usage
Economic Factors Play an Important Role in the Market
Global GDP Growth Plateauing - A Mixed Bag of Opportunities
Market Outlook
Global Market Analysis
Global Competitor Market Shares
Automotive Aftermarket Appearance Chemicals Competitor Market
Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3M Company (USA)
3M Automotive Aftermarket Division (USA)
Bondo Corporation (USA)
Meguiar's, Inc. (USA)
Armored AutoGroup Inc. (USA)
Blue Ribbon Products, Inc. (USA)
ITW Global Brands (USA)
Permatex, Inc. (USA)
Niteo Products, LLC (USA)
Northern Labs, Inc. (USA)
Protect All, Inc. (USA)
Turtle Wax, Inc. (USA)
3. MARKET TRENDS & DRIVERS
Large Global Base of Vehicle Fleet & Projected Rise in New Auto
Sales Offers Potential for Growth
Increasing Vehicular Population Provides Immense Opportunities
Demand for Aftermarket Automotive Appearance Chemicals Grows
Rapidly as Vehicle Owners Retain their Vehicles Longer
Technology Improvements Increase Vehicle Life
Increased Life Brings Maintenance into Focus
Increasing Affinity for Road Trips Spurs Market for Appearance
Chemicals
Need for Product Differentiation Drives Innovations in
Specialty Automotive Coating Chemicals
Growing Awareness on Importance of Vehicle Maintenance -
A Major Growth Factor
Making Most of Opportunities in the DIY Segment
Growing Demand for DIFM Services Turn 'Service Providers' into
Target Customers for Aftermarket Appearance Chemicals
Pre-Owned Cars & Auto Leasing Drives Growth
Luxury Car Owners - A Premier Market Segment
China and India Zooming Ahead in Luxury Car Sales
Car Grooming Centers Play a Vital Role in the Market
Growing Investments on Vintage & Classic Cars Augurs Well for
the Market
Environmental Friendly Products Top Priority Charts of
Manufacturers
Solvent Based Coatings Make Way for Water Based Formulations
Volatile Silicones Emerge as an Alternative to Hydrocarbon
Based Solvents
Easy-to-Use Products Gain Popularity
Introduction of Silicone Waxes in Automotive Polishes Gains
Prominence
Plasti Dipping Trend Gains Traction for Protecting Vehicular
Appearance
Advancing Material Technology - Boon or Bane?
Internet Retailing - A Major Growth Avenue
Soaring Costs of Raw Materials for Automotive Refinish Coatings -
A Key Challenge
4. GLOBAL MARKET PERSPECTIVE
Table 1: Automotive Aftermarket Appearance Chemicals Global
Market Estimates and Forecasts in US$ Thousand by
Region/Country: 2020-2027
Table 2: Automotive Aftermarket Appearance Chemicals Global
Retrospective Market Scenario in US$ Thousand by
Region/Country: 2012-2019
Table 3: Automotive Aftermarket Appearance Chemicals Market
Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS
2027
Table 4: Windshield Washer Fluids (Product Segment) World
Market by Region/Country in US$ Thousand: 2020 to 2027
Table 5: Windshield Washer Fluids (Product Segment) Historic
Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
Table 6: Windshield Washer Fluids (Product Segment) Market
Share Breakdown of Worldwide Sales by Region/Country: 2012 VS
2020 VS 2027
Table 7: Waxes/Polishes (Product Segment) Potential Growth
Markets Worldwide in US$ Thousand: 2020 to 2027
Table 8: Waxes/Polishes (Product Segment) Historic Market
Perspective by Region/Country in US$ Thousand: 2012 to 2019
Table 9: Waxes/Polishes (Product Segment) Market Sales
Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Table 10: Protectants (Product Segment) Geographic Market
Spread Worldwide in US$ Thousand: 2020 to 2027
Table 11: Protectants (Product Segment) Region Wise Breakdown
of Global Historic Demand in US$ Thousand: 2012 to 2019
Table 12: Protectants (Product Segment) Market Share
Distribution in Percentage by Region/Country: 2012 VS 2020 VS
2027
Table 13: Wheel & Tire Cleaners (Product Segment) World Market
Estimates and Forecasts by Region/Country in US$ Thousand: 2020
to 2027
Table 14: Wheel & Tire Cleaners (Product Segment) Market
Historic Review by Region/Country in US$ Thousand: 2012 to 2019
Table 15: Wheel & Tire Cleaners (Product Segment) Market Share
Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Automotive Aftermarket Appearance Chemicals Market Share
(in %) by Company: 2020 & 2025
Market Analytics
Table 16: United States Automotive Aftermarket Appearance
Chemicals Market Estimates and Projections in US$ Thousand by
Product Segment: 2020 to 2027
Table 17: Automotive Aftermarket Appearance Chemicals Market in
the United States by Product Segment: A Historic Review in US$
Thousand for 2012-2019
Table 18: United States Automotive Aftermarket Appearance
Chemicals Market Share Breakdown by Product Segment: 2012 VS
2020 VS 2027
CANADA
Table 19: Canadian Automotive Aftermarket Appearance Chemicals
Market Estimates and Forecasts in US$ Thousand by Product
Segment: 2020 to 2027
Table 20: Canadian Automotive Aftermarket Appearance Chemicals
Historic Market Review by Product Segment in US$ Thousand:
2012-2019
Table 21: Automotive Aftermarket Appearance Chemicals Market in
Canada: Percentage Share Breakdown of Sales by Product Segment
for 2012, 2020, and 2027
JAPAN
Table 22: Japanese Market for Automotive Aftermarket Appearance
Chemicals: Annual Sales Estimates and Projections in US$
Thousand by Product Segment for the Period 2020-2027
Table 23: Automotive Aftermarket Appearance Chemicals Market in
Japan: Historic Sales Analysis in US$ Thousand by Product
Segment for the Period 2012-2019
Table 24: Japanese Automotive Aftermarket Appearance Chemicals
Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
CHINA
Table 25: Chinese Automotive Aftermarket Appearance Chemicals
Market Growth Prospects in US$ Thousand by Product Segment for
the Period 2020-2027
Table 26: Automotive Aftermarket Appearance Chemicals Historic
Market Analysis in China in US$ Thousand by Product Segment:
2012-2019
Table 27: Chinese Automotive Aftermarket Appearance Chemicals
Market by Product Segment: Percentage Breakdown of Sales for
2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Automotive Aftermarket Appearance Chemicals Market:
Competitor Market Share Scenario (in %) for 2020 & 2025
Market Analytics
Table 28: European Automotive Aftermarket Appearance Chemicals
Market Demand Scenario in US$ Thousand by Region/Country:
2020-2027
Table 29: Automotive Aftermarket Appearance Chemicals Market in
Europe: A Historic Market Perspective in US$ Thousand by
Region/Country for the Period 2012-2019
Table 30: European Automotive Aftermarket Appearance Chemicals
Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
Table 31: European Automotive Aftermarket Appearance Chemicals
Market Estimates and Forecasts in US$ Thousand by Product
Segment: 2020-2027
Table 32: Automotive Aftermarket Appearance Chemicals Market in
Europe in US$ Thousand by Product Segment: A Historic Review
for the Period 2012-2019
Table 33: European Automotive Aftermarket Appearance Chemicals
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
FRANCE
Table 34: Automotive Aftermarket Appearance Chemicals Market in
France by Product Segment: Estimates and Projections in US$
Thousand for the Period 2020-2027
Table 35: French Automotive Aftermarket Appearance Chemicals
Historic Market Scenario in US$ Thousand by Product Segment:
2012-2019
Table 36: French Automotive Aftermarket Appearance Chemicals
Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
GERMANY
Table 37: Automotive Aftermarket Appearance Chemicals Market in
Germany: Recent Past, Current and Future Analysis in US$
Thousand by Product Segment for the Period 2020-2027
Table 38: German Automotive Aftermarket Appearance Chemicals
Historic Market Analysis in US$ Thousand by Product Segment:
2012-2019
Table 39: German Automotive Aftermarket Appearance Chemicals
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
ITALY
Table 40: Italian Automotive Aftermarket Appearance Chemicals
Market Growth Prospects in US$ Thousand by Product Segment for
the Period 2020-2027
Table 41: Automotive Aftermarket Appearance Chemicals Historic
Market Analysis in Italy in US$ Thousand by Product Segment:
2012-2019
Table 42: Italian Automotive Aftermarket Appearance Chemicals
Market by Product Segment: Percentage Breakdown of Sales for
2012, 2020, and 2027
UNITED KINGDOM
Table 43: United Kingdom Market for Automotive Aftermarket
Appearance Chemicals: Annual Sales Estimates and Projections in
US$ Thousand by Product Segment for the Period 2020-2027
Table 44: Automotive Aftermarket Appearance Chemicals Market in
the United Kingdom: Historic Sales Analysis in US$ Thousand by
Product Segment for the Period 2012-2019
Table 45: United Kingdom Automotive Aftermarket Appearance
Chemicals Market Share Analysis by Product Segment: 2012 VS
2020 VS 2027
SPAIN
Table 46: Spanish Automotive Aftermarket Appearance Chemicals
Market Estimates and Forecasts in US$ Thousand by Product
Segment: 2020 to 2027
Table 47: Spanish Automotive Aftermarket Appearance Chemicals
Historic Market Review by Product Segment in US$ Thousand:
2012-2019
Table 48: Automotive Aftermarket Appearance Chemicals Market in
Spain: Percentage Share Breakdown of Sales by Product Segment
for 2012, 2020, and 2027
RUSSIA
Table 49: Russian Automotive Aftermarket Appearance Chemicals
Market Estimates and Projections in US$ Thousand by Product
Segment: 2020 to 2027
Table 50: Automotive Aftermarket Appearance Chemicals Market in
Russia by Product Segment: A Historic Review in US$ Thousand
for 2012-2019
Table 51: Russian Automotive Aftermarket Appearance Chemicals
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 52: Rest of Europe Automotive Aftermarket Appearance
Chemicals Market Estimates and Forecasts in US$ Thousand by
Product Segment: 2020-2027
Table 53: Automotive Aftermarket Appearance Chemicals Market in
Rest of Europe in US$ Thousand by Product Segment: A Historic
Review for the Period 2012-2019
Table 54: Rest of Europe Automotive Aftermarket Appearance
Chemicals Market Share Breakdown by Product Segment: 2012 VS
2020 VS 2027
ASIA-PACIFIC
Table 55: Asia-Pacific Automotive Aftermarket Appearance
Chemicals Market Estimates and Forecasts in US$ Thousand by
Region/Country: 2020-2027
Table 56: Automotive Aftermarket Appearance Chemicals Market in
Asia-Pacific: Historic Market Analysis in US$ Thousand by
Region/Country for the Period 2012-2019
Table 57: Asia-Pacific Automotive Aftermarket Appearance
Chemicals Market Share Analysis by Region/Country: 2012 VS 2020
VS 2027
Table 58: Automotive Aftermarket Appearance Chemicals Market in
Asia-Pacific by Product Segment: Estimates and Projections in
US$ Thousand for the Period 2020-2027
Table 59: Asia-Pacific Automotive Aftermarket Appearance
Chemicals Historic Market Scenario in US$ Thousand by Product
Segment: 2012-2019
Table 60: Asia-Pacific Automotive Aftermarket Appearance
Chemicals Market Share Analysis by Product Segment: 2012 VS
2020 VS 2027
AUSTRALIA
Table 61: Automotive Aftermarket Appearance Chemicals Market in
Australia: Recent Past, Current and Future Analysis in US$
Thousand by Product Segment for the Period 2020-2027
Table 62: Australian Automotive Aftermarket Appearance
Chemicals Historic Market Analysis in US$ Thousand by Product
Segment: 2012-2019
Table 63: Australian Automotive Aftermarket Appearance
Chemicals Market Share Breakdown by Product Segment: 2012 VS
2020 VS 2027
INDIA
Table 64: Indian Automotive Aftermarket Appearance Chemicals
Market Estimates and Forecasts in US$ Thousand by Product
Segment: 2020 to 2027
Table 65: Indian Automotive Aftermarket Appearance Chemicals
Historic Market Review by Product Segment in US$ Thousand:
2012-2019
Table 66: Automotive Aftermarket Appearance Chemicals Market in
India: Percentage Share Breakdown of Sales by Product Segment
for 2012, 2020, and 2027
SOUTH KOREA
Table 67: Automotive Aftermarket Appearance Chemicals Market in
South Korea: Recent Past, Current and Future Analysis in US$
Thousand by Product Segment for the Period 2020-2027
Table 68: South Korean Automotive Aftermarket Appearance
Chemicals Historic Market Analysis in US$ Thousand by Product
Segment: 2012-2019
Table 69: Automotive Aftermarket Appearance Chemicals Market
Share Distribution in South Korea by Product Segment: 2012 VS
2020 VS 2027
REST OF ASIA-PACIFIC
Table 70: Rest of Asia-Pacific Market for Automotive
Aftermarket Appearance Chemicals: Annual Sales Estimates and
Projections in US$ Thousand by Product Segment for the Period
2020-2027
Table 71: Automotive Aftermarket Appearance Chemicals Market in
Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand
by Product Segment for the Period 2012-2019
Table 72: Rest of Asia-Pacific Automotive Aftermarket
Appearance Chemicals Market Share Analysis by Product Segment:
2012 VS 2020 VS 2027
LATIN AMERICA
Table 73: Latin American Automotive Aftermarket Appearance
Chemicals Market Trends by Region/Country in US$ Thousand:
2020-2027
Table 74: Automotive Aftermarket Appearance Chemicals Market in
Latin America in US$ Thousand by Region/Country: A Historic
Perspective for the Period 2012-2019
Table 75: Latin American Automotive Aftermarket Appearance
Chemicals Market Percentage Breakdown of Sales by
Region/Country: 2012, 2020, and 2027
Table 76: Latin American Automotive Aftermarket Appearance
Chemicals Market Growth Prospects in US$ Thousand by Product
Segment for the Period 2020-2027
Table 77: Automotive Aftermarket Appearance Chemicals Historic
Market Analysis in Latin America in US$ Thousand by Product
Segment: 2012-2019
Table 78: Latin American Automotive Aftermarket Appearance
Chemicals Market by Product Segment: Percentage Breakdown of
Sales for 2012, 2020, and 2027
ARGENTINA
Table 79: Argentinean Automotive Aftermarket Appearance
Chemicals Market Estimates and Forecasts in US$ Thousand by
Product Segment: 2020-2027
Table 80: Automotive Aftermarket Appearance Chemicals Market in
Argentina in US$ Thousand by Product Segment: A Historic Review
for the Period 2012-2019
Table 81: Argentinean Automotive Aftermarket Appearance
Chemicals Market Share Breakdown by Product Segment: 2012 VS
2020 VS 2027
BRAZIL
Table 82: Automotive Aftermarket Appearance Chemicals Market in
Brazil by Product Segment: Estimates and Projections in US$
Thousand for the Period 2020-2027
Table 83: Brazilian Automotive Aftermarket Appearance Chemicals
Historic Market Scenario in US$ Thousand by Product Segment:
2012-2019
Table 84: Brazilian Automotive Aftermarket Appearance Chemicals
Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
MEXICO
Table 85: Automotive Aftermarket Appearance Chemicals Market in
Mexico: Recent Past, Current and Future Analysis in US$
Thousand by Product Segment for the Period 2020-2027
Table 86: Mexican Automotive Aftermarket Appearance Chemicals
Historic Market Analysis in US$ Thousand by Product Segment:
2012-2019
Table 87: Mexican Automotive Aftermarket Appearance Chemicals
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 88: Rest of Latin America Automotive Aftermarket
Appearance Chemicals Market Estimates and Projections in US$
Thousand by Product Segment: 2020 to 2027
Table 89: Automotive Aftermarket Appearance Chemicals Market in
Rest of Latin America by Product Segment: A Historic Review in
US$ Thousand for 2012-2019
Table 90: Rest of Latin America Automotive Aftermarket
Appearance Chemicals Market Share Breakdown by Product Segment:
2012 VS 2020 VS 2027
MIDDLE EAST
Table 91: The Middle East Automotive Aftermarket Appearance
Chemicals Market Estimates and Forecasts in US$ Thousand by
Region/Country: 2020-2027
Table 92: Automotive Aftermarket Appearance Chemicals Market in
the Middle East by Region/Country in US$ Thousand: 2012-2019
Table 93: The Middle East Automotive Aftermarket Appearance
Chemicals Market Share Breakdown by Region/Country: 2012, 2020,
and 2027
Table 94: The Middle East Automotive Aftermarket Appearance
Chemicals Market Estimates and Forecasts in US$ Thousand by
Product Segment: 2020 to 2027
Table 95: The Middle East Automotive Aftermarket Appearance
Chemicals Historic Market by Product Segment in US$ Thousand:
2012-2019
Table 96: Automotive Aftermarket Appearance Chemicals Market in
the Middle East: Percentage Share Breakdown of Sales by Product
Segment for 2012,2020, and 2027
IRAN
Table 97: Iranian Market for Automotive Aftermarket Appearance
Chemicals: Annual Sales Estimates and Projections in US$
Thousand by Product Segment for the Period 2020-2027
Table 98: Automotive Aftermarket Appearance Chemicals Market in
Iran: Historic Sales Analysis in US$ Thousand by Product
Segment for the Period 2012-2019
Table 99: Iranian Automotive Aftermarket Appearance Chemicals
Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
ISRAEL
Table 100: Israeli Automotive Aftermarket Appearance Chemicals
Market Estimates and Forecasts in US$ Thousand by Product
Segment: 2020-2027
Table 101: Automotive Aftermarket Appearance Chemicals Market
in Israel in US$ Thousand by Product Segment: A Historic Review
for the Period 2012-2019
Table 102: Israeli Automotive Aftermarket Appearance Chemicals
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
SAUDI ARABIA
Table 103: Saudi Arabian Automotive Aftermarket Appearance
Chemicals Market Growth Prospects in US$ Thousand by Product
Segment for the Period 2020-2027
Table 104: Automotive Aftermarket Appearance Chemicals Historic
Market Analysis in Saudi Arabia in US$ Thousand by Product
Segment: 2012-2019
Table 105: Saudi Arabian Automotive Aftermarket Appearance
Chemicals Market by Product Segment: Percentage Breakdown of
Sales for 2012, 2020, and 2027
UNITED ARAB EMIRATES
Table 106: Automotive Aftermarket Appearance Chemicals Market
in the United Arab Emirates: Recent Past, Current and Future
Analysis in US$ Thousand by Product Segment for the Period
2020-2027
Table 107: United Arab Emirates Automotive Aftermarket
Appearance Chemicals Historic Market Analysis in US$ Thousand
by Product Segment: 2012-2019
Table 108: Automotive Aftermarket Appearance Chemicals Market
Share Distribution in United Arab Emirates by Product Segment:
2012 VS 2020 VS 2027
REST OF MIDDLE EAST
Table 109: Automotive Aftermarket Appearance Chemicals Market
in Rest of Middle East: Recent Past, Current and Future
Analysis in US$ Thousand by Product Segment for the Period
2020-2027
Table 110: Rest of Middle East Automotive Aftermarket
Appearance Chemicals Historic Market Analysis in US$ Thousand
by Product Segment: 2012-2019
Table 111: Rest of Middle East Automotive Aftermarket
Appearance Chemicals Market Share Breakdown by Product Segment:
2012 VS 2020 VS 2027
AFRICA
Table 112: African Automotive Aftermarket Appearance Chemicals
Market Estimates and Projections in US$ Thousand by Product
Segment: 2020 to 2027
Table 113: Automotive Aftermarket Appearance Chemicals Market
in Africa by Product Segment: A Historic Review in US$ Thousand
for 2012-2019
Table 114: African Automotive Aftermarket Appearance Chemicals
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 70
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