Silicone In Car Care Products Market Size & Share Report, 2022-2030
The global Silicone In Car Care Products market size is expected to be worth around US$ 300.5 million by 2030, according to a new report by Vision Research Reports.
The global Silicone In Car Care Products market size was valued at US$ 220.9 million in 2020 and is anticipated to grow at a CAGR of 5.2% during forecast period 2021 to 2030.
Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38971
Report Coverage
Report Scope | Details |
Market Size | US$ 300.5 million by 2030 |
Growth Rate | CAGR of 5.2% From 2021 to 2030 |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Segments Covered | Product, Application, End use |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | 3M; CHT Group, Ltd.; Evonik Industries AG; Dow; Momentive Performance Materials Inc.; Henkel AG & Co. KGaA; Sonax GmbH; Wacker Chemie AG; Shin-Etsu Chemical Co., Ltd.; Armor All; MA-FRA S.p.A.; LIQUI MOLY GmbH |
Growth Factors
The global car care products industry consists of many players operating in the market across the globe. Various silicone-based car care products have been developed with technological advancements, including car polish, car wax, glass cleaning products, interior/exterior care products, wheels & tire care products, and others.
The industry is likely to expand owing to the establishments by prominent automotive players. The presence of manufacturers of car care products, along with their establishments for car care centers across the country is expected to augment the market growth
By Product Analysis
The specialty silicones segment dominated the market for silicone in car care products and accounted for more than 60.0% of the overall revenue share in 2020. Specialty silicones are added to paints and coatings to improve slip, mar resistance, leveling, and foam control.
Silicone aerosols are another form of specialty silicone used on interior components, especially dashboards since they are more prone to daily wear and tear. They restore the shine and enhance the color hence keeping the cockpit clean.
By End-user Analysis
The Do-it-yourself (DIY) concept dominated the end-use segment in silicone in the car care products market and accounted for the largest revenue share of more than 50.0% in 2020. Rising expenditure on vehicle Maintenance & Repair (M&R) across the globe has introduced the vehicle owing population to the concept of Do-it-yourself (DIY).
The demand for silicone-based car care products has witnessed growth from professional vehicle repair service providers. Luxury vehicles require specific expertise and products suitable to maintain the surface paints and vehicle’s aesthetic appearance.
By Application Analysis
The paints preservatives segment dominated the application segment and accounted for the largest revenue share of more than 26.0% in 2020. Silicones used as paint preservatives extend the lifespan of the coatings used in automobiles and prevent the formation of bubbles on surfaces.
Silicones are primarily used in spray wax to enhance or modify a specific characteristic of another ingredient. Silicones create water-in-oil emulsions, reduce emulsion particle size, stabilize emulsions, and improve the spreading and coverage of wax products.
Vehicle tires are always in contact with the different terrains and suffer from dirt, water, road tar, oxygen, and ultraviolet radiation ozone. Silicone in tire dressings gives tires a new shiny look and helps prevent hardening, fading, cracking, fading, and cracking of tires.
By Region Analysis
Asia Pacific dominated the silicone in car care products market and accounted for the overall revenue share of more than 41.0% in 2020. The Asia Pacific is one of the largest consumers and manufacturers of vehicles and, thus, is a significant contributor to the silicone in the car care products market globally.
The rising trends of restoration of vintage cars in North America and Europe and regular periodic maintenance of the new ones are likely to positively impact the silicone in the car care products market in the region.
The abundant and easy availability of oil reserves coupled with rising disposable income and standard of living in some countries of the Middle East region such as Kuwait, United Arab Emirates, Qatar, and Saudi Arabia has grown the market for the premium vehicles segment.
Key Players
- 3M
- CHT Group, Ltd
- Evonik Industries AG
- Dow
- Momentive Performance Materials Inc.
- Henkel AG & Co. KGaA
- Sonax GmbH
- Wacker Chemie AG
- Shin-Etsu Chemical Co., Ltd.
- Armor All
- MA-FRA S.p.A.
- LIQUI MOLY GmbH
Market Segmentation
- By Product
- Silicone
- Specialty Silicones
- By Application
- Paint Preservatives
- Polishes
- Spray Wax
- Leather & Vinyl Care
- Tire Care Products
- Plastic Care
- Others
- By End-user
- DIY
- Professional/Commercial
- Regional
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- United Arab Emirates
- North America
Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38971
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Silicone In Car Care Products Market, By Product
7.1. Silicone In Car Care Products Market, by Product, 2021-2030
7.1.1. Silicone
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Specialty Silicones
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Silicone In Car Care Products Market, By Application
8.1. Silicone In Car Care Products Market, by Application, 2021-2030
8.1.1. Paint Preservatives
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Polishes
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Spray Wax
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Leather & Vinyl Care
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Tire Care Products
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Plastic Care
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Silicone In Car Care Products Market, By End User
9.1. Silicone In Car Care Products Market, by End User, 2021-2030
9.1.1. DIY
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Professional/Commercial
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Silicone In Car Care Products Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2017-2030)
10.1.2. Market Revenue and Forecast, by Application (2017-2030)
10.1.3. Market Revenue and Forecast, by End User (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Application (2017-2030)
10.1.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Application (2017-2030)
10.1.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2017-2030)
10.2.2. Market Revenue and Forecast, by Application (2017-2030)
10.2.3. Market Revenue and Forecast, by End User (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Application (2017-2030)
10.2.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
10.2.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
10.2.6.3. Market Revenue and Forecast, by End User (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Application (2017-2030)
10.2.7.3. Market Revenue and Forecast, by End User (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2017-2030)
10.3.2. Market Revenue and Forecast, by Application (2017-2030)
10.3.3. Market Revenue and Forecast, by End User (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Application (2017-2030)
10.3.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
10.3.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
10.3.6.3. Market Revenue and Forecast, by End User (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Application (2017-2030)
10.3.7.3. Market Revenue and Forecast, by End User (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2017-2030)
10.4.2. Market Revenue and Forecast, by Application (2017-2030)
10.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Application (2017-2030)
10.4.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
10.4.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
10.4.6.3. Market Revenue and Forecast, by End User (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Application (2017-2030)
10.4.7.3. Market Revenue and Forecast, by End User (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2017-2030)
10.5.2. Market Revenue and Forecast, by Application (2017-2030)
10.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Application (2017-2030)
10.5.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Application (2017-2030)
10.5.5.3. Market Revenue and Forecast, by End User (2017-2030)
Chapter 11. Company Profiles
11.1. 3M
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. CHT Group, Ltd
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Evonik Industries AG
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Dow
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Momentive Performance Materials Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Henkel AG & Co. KGaA
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Sonax GmbH
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Wacker Chemie AG
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Shin-Etsu Chemical Co., Ltd.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Armor All
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38971
Contact Us:
Vision Research Reports
Call: +1 9197 992 333