July 14, 2024

Liquid Car Scratch Remover is fastest growing segment fueling the growth of Car Scratch Remover Market

Market Overview:

Car scratch remover products are available in various forms including liquid, cream, and paste. These products work by chemically breaking down the top layers of clear coat and color coat to remove minor scratches. They are applied to the scratched surface using a microfiber cloth or applicator pad and help restore the car’s original appearance. With rising vehicle ownership, the demand for car scratch remover products is growing globally.

Market key trends:

One of the key trends in the car scratch remover market is the launch of eco-friendly and natural formulations. Growing awareness about vehicle care products containing toxic chemicals is driving demand for natural and plant-based ingredients in scratch removers. For example, companies offer liquid car scratch removers made from coconut oil, olive oil, and other natural emollients that clean and condition without harming the environment. Furthermore, increasing availability of scratch remover products in spray bottles for convenient application on cars is another trend in the market. Their fast-acting formula claims to remove scratches with just 1-2 sprays.

Segment Analysis
The car scratch remover market is dominated by the paste/cream segment, accounting for over 40% share of the global market. Paste/cream segment is the largest segment owing to its easy application and effective scratch removal abilities. Liquid-based removers are the second largest segment. While liquid-based removers offer convenience of direct application to the affected areas, paste/cream type removers offer better results for deep scratches.

Key Takeaways

The Global Car Scratch Remover Market Demand  is expected to witness high growth, exhibiting CAGR of 5.3% over the forecast period, due to increasing demand for car protection and repair services.

Regional analysis
North America dominates the global car scratch remover market with over 30% market share. Rising presence of key manufacturers in the US along with growing automotive repair and detailing industry drive the North America market. Asia Pacific exhibits the fastest growth due to large vehicle parc and growing disposable incomes in the region.

Key players
Key players operating in the car scratch remover market are 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. 3M Company holds leading position with wide range of sanding and polishing products for car repair works. Turtle Wax specializes in car care products including scratch removers catering to both retail and commercial segments.

Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it