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Car Scratch Remover Market Size 2023 : Progress Insight, Statistics, Prominent Players and Forecast to 2030

11-24-2023 02:32 PM CET | Tourism, Cars, Traffic

Press release from: Coherent Market Insights Pvt Ltd

Car Scratch Remover Market

Car Scratch Remover Market

Car scratch removers are liquids or creams used to remove minor scratches and swirls from painted car surfaces at home without the need to visit a car repair shop. They offer convenient do-it-yourself scratch and swirl removal for car owners.

Market Dynamics:

The car scratch remover market is expected to grow owing to rising adoption of DIY scratch removal products among car owners looking for hassle-free and cost-effective solutions. Car repair and paint services can be quite expensive, prompting many to try DIY methods using scratch removers sold online and in auto stores. Another factor fueling the market is the frequent occurrence of minor scratches on car surfaces due to manual car washing, contact with other vehicles in parking lots, and debris on roads. Launch of novel nanotechnology-based car scratch removers that can remove fine scratches with minimal abrasion is also augmenting the market growth.

The global car scratch remover market size was valued at US$ 18.18 billion in 2022 and is expected to reach US$ 27.49 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030.

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Increasing number of road accidents leading to car scratches

With the increasing number of vehicles on road, road accidents have also seen a rise. According to a study, it is estimated that around 1.3 million people die each year as a result of road traffic crashes. Road accidents can result in minor to major damages to vehicles including scratches on car body. Scratches not only affect the aesthetic appeal of the car but can also lead to corrosion if not treated on time. This has boosted the demand for effective car scratch removal products that can remove minor scratches and swirl marks, helping protect the vehicle body from further damage.

Growing preference for DIY (Do-It-Yourself) car care products

Earlier, vehicle owners used to visit car repair shops for even minor repairs and treatments. However, with the availability of effective yet easy to use DIY products, people now prefer doing small car care tasks themselves to save money and time. Car scratch removers are one such products that allow users to remove light scratches on their own in less time. DIY car care industry has been witnessing strong growth over the years. The trend towards self car care is expected to drive further demand for car scratch removal products.

Market opportunity: Development of eco-friendly formulations

With rising awareness about environmental protection, people prefer products that cause minimal harm to the environment. At present, many car scratch removers contain chemicals like silicones and oils that release pollutants into the air during removal process. Manufacturers can focus on developing eco-friendly water-based or natural ingredient formulations that are not only safer for users but also minimize environmental footprint. Such green products are likely to attract more consumers concerned about sustainability. Their launch will open new opportunities for growth in the car scratch remover market.

Top Key Players:

3M Company, Turtle Wax, Inc., Meguiar's, Inc., Simoniz USA, Inc., WD-40 Company, Quixx GmbH, Langka Corporation, Scholl Concepts GmbH, Würth Group, BARDAHL Manufacturing Corporation, Gtechniq Ltd., Mothers Polishes, Waxes and Cleaners, SONAX GmbH, Chemical Guys, Surf City Garage

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Regional Analysis:

⁃ North America: United States, Canada, and Mexico

⁃ South & Central America: Argentina, Chile, Brazil and Others

⁃ Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.

⁃ Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.

⁃ Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

Market trends: Advancements in nano technology-based solutions

Continuous R&D in the automotive coatings industry has led to development of newer technologies. Nano technology facilitates production of clear coats with nanometer-size pigments that form a permeable yet extremely durable protective layer. Scratches on such nano-engineered coatings can be repaired using scratch removers containing mineral nano-particles that fill scratches from inside without affecting surrounding coating. They require less rubbing force and offer better repair results than traditional silicon-based formulas. With their superior performance, nano-technology enabled products are expected to gain wide acceptance going forward

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Key Questions Addressed in the Market Report:

What is the expected size, share, and CAGR of the Car Scratch Remover Market over the forecast period?
What are the key trends expected to influence the Car Scratch Remover Market between 2023 and 2030?
What is the expected demand for various types of products/services in the Car Scratch Remover Market?
What long-term impact will strategic advancements have on the Car Scratch Remover Market?
Who are the key players and stakeholders in the Car Scratch Remover Market?
What are the different segments and sub-segments considered in the Car Scratch Remover Market research study?
Strategic Points Covered in Table of Content of Global Car Scratch Remover Market:

Chapter 1 : Introduction, market driving forces, and product The study and research objectives are to investigate the Car Scratch Remover market.

Chapter 2: Exclusive Summary - Car Scratch Remover Market Fundamentals.

Chapter 3: The Changing Impact on Market Dynamics- Drivers, Trends, and the Challenges and Opportunities of Process Spectroscopy

Chapter 4: Car Scratch Remover Market Factor Analysis, Porter's Five Forces Analysis, Supply/Value Chain, SWOT Analysis, Market Entropy, and Patent/Trademark Analysis are all presented in this chapter

Chapter 5: 2017-2022 Forecast by Type, End User, and Region/Country

Chapter 6: Evaluating the key players in the Car Scratch Remover market, including the Competitive Landscape, Peer Group Analysis, BCG Matrix, and Company Profile.

Chapter 7: To evaluate the market by segments, countries, and manufacturers/companies, as well as revenue share and sales by major countries in these regions (2023-2030).

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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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