Press release
Heated Wiper Fluid Market to Witness CAGR of 5.3% Increase in Value Share by 2025
Heated Wiper Fluid Market
The Heated Wiper Fluid Market is growing at a rapid rate, with the Compound Annual Growth Rate (CAGR) estimated to reach 5.3% by 2025. Heated wiper fluid has gained in popularity due to its ability to reduce fogging and keep windows clear in cold weather conditions.
In four-wheeler vehicles, heated wiper fluid, also referred to as windshield cleaner, is used as a cleaning agent to enhance the visibility of the windscreen. This fluid is used to wash away road filth, tree sap, bird droppings, bugs, and other debris. It also protects against refreeze and dissolves light frost and ice, which can result in unexpectedly harmful glare.
In addition to cleaning, heated wiper fluid also serves as a disinfectant. The anti-freezing qualities of heated wiper fluid are usually derived from the fluid's typical methanol component. The main ingredients are Methanol, Water, Detergents, Stabilizers, and Dye. Under a variety of weather conditions, heated wiper fluid provides great cleaning performance. Antifreeze and other additives included in proper fluids assist maintain the fluids liquid and microbial-free.
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Heated Wiper Fluid Market: Dynamics
The market of heated wiper fluid is majorly an organised sector contributing a fairly high percentage. The manufacturers of heated wiper fluid are highly focused in improving the functional properties by adding performance additives in order to make it more eco-friendly. De-icers washer fluid is the most selling wiper fluid among all fluids.
Product innovations to make low VOC heated wiper fluid is gaining importance among the major market players. The concentrated/dilutable heated wiper fluid type is preferred by retailers for its convenient packaging type, as they reduce the inventory space and can be displayed easily for product promotion and sales.
Heated Wiper Fluid Market: Drivers & Restraints
The increasing vehicular traffic of light motor vehicles, especially SUVs (Sport Utility Vehicles) as well as heavy commercial vehicle segment with tendency to spend on vehicle care and maintenance is a key factor for the growth of Heated Wiper Fluid market. The demand of heated wiper fluid in extreme climatic conditions as well as tropical climate zone is another driving factor for the product sales.
However heated wiper fluid contains methanol, a poisonous alcohol which is a volatile organic compound. It is hazardous even in small amounts to human health and the environment. The strict regulations on the use of heated wiper fluid's existing VOC levels may hinder the product sales in the forecast period.
Heated Wiper Fluid Market: Segmentation
Basis of product type
• De-Bug Washer Fluid
• DE-ICER Washer Fluid
• All season Washer Fluid
Basis of VOC (volatile organic content)
• Premixed (Upto 1% VOC content)
• Dilutable/Concentrated (Upto 25% VOC content)
Heated Wiper Fluid Market: Region-Wise Outlook
The Heated Wiper Fluid market can be segmented based on geographical region such has North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. The market would be volume driven across all regions and car types.
North America and Europe are major market for Heated Wiper Fluids due to the high demand for luxury and high-end vehicles. The demand of de-icers washer fluid is anticipated to grow significantly in the regions like North America and Europe. The global Heated Wiper Fluid market is expected to grow with healthy rate over the forecast period.
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Heated Wiper Fluid Market: Key Players
The key players identified are:
• SPLASH Products Inc.
• ITW Global Brands
• Gotham Industries Inc.
• Recochem Inc.
• Hall-Chem Manufacturing Inc.
• Lubri Delta Inc.
• Nemco Lubricants
• The Berkebile Oil Company, Inc
• Camco Manufacturing, Inc.
• Prestone Products Corporation
• Coolants Plus Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report covers exhaustive analysis on:
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
Regional analysis includes
• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint
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The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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