Car Scratch Remover Market, By Type (Compound Scratch Removers, Paint Scratch Removers, Scratch Repair Kits), By Application (OEM, Aftermarket), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

Description

The global car scratch remover market size was valued at US$ 1.9 Bn in 2023 and is expected to reach US$ 3.2 Bn by 2030, growing at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 1.9 Bn
Historical Data for:	2017 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	7.70%	2030/2031 Value Projection:	US$ 3.2 Bn

Figure 1. Global Car Scratch Remover Market Share (%), by Region, 2023

A car scratch remover can help get a more polished look for a ride, and it does not have to be expensive. Car scratch removers are designed to be used by hand or with a buffing machine (depending on the product). Most have the same performance characteristics as rubbing compounds but are formulated and packaged for use in repairing light overall finish blemishes or localized repairs. Most are designed to be wiped on and then lightly buffed in a circular motion with moderate pressure. Moreover, the availability of a wide range of scratch remover products catering to different surface materials such as paint, plastic, and fiber has boosted their adoption rate. Manufacturers are continuously focusing on developing innovative solutions that can easily and quickly remove scratches of varying depths. However, the high availability of do-it-yourself products may hinder the market to some extent.

Market Dynamics:

Increasing production and sales of automobiles is expected to drive growth of the global car scratch remover market over the forecast period. As a result, the demand for car scratch remover products is increasing in the automotive industry. Along with this, the rise in popularity of do-it-yourself car care is also driving growth of the global car scratch remover market over the forecast period.

However, the risk of causing additional damage to cars due to the complexity of using car scratch remover products is expected to hamper growth of the global market during the forecast period. However, the high availability of inexpensive do-it-yourself car scratch removal kits is expected to restrain market growth during the forecast period. Moreover, developing economies with high vehicle production are likely to present lucrative opportunities for market players. Easy availability of car care products through online retail channels is another key trend positively impacting the market. Market players could benefit from strategic collaboration with auto repair shops and dealerships to enhance their product reach.

Key features of the study:

This report provides in-depth analysis of the global car scratch remover market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global car scratch remover market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Surf City Garage, 3M Company, Chemical Guys, Turtle Wax, Inc., SONAX GmbH, Meguiar's, Inc., Mothers Polishes, Waxes and Cleaners, Simoniz USA, Inc., Gtechniq Ltd., WD-40 Company, BARDAHL Manufacturing Corporation, Quixx GmbH, Wurth Group, Langka Corporation, and Scholl Concepts GmbH
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global car scratch remover market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global car scratch remover market

Detailed Segmentation:

Global Car Scratch Remover Market, By Type:
- Compound Scratch Removers
- Paint Scratch Removers
- Scratch Repair Kits
Global Car Scratch Remover Market, By Application:
- OEM
- Aftermarket
Global Car Scratch Remover Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Company Profiles
- 3M Company
- Turtle Wax, Inc.
- Meguiar's, Inc.
- Simoniz USA, Inc.
- WD-40 Company
- Quixx GmbH
- Langka Corporation
- Scholl Concepts GmbH
- Wurth Group
- BARDAHL Manufacturing Corporation
- Gtechniq Ltd.
- Mothers Polishes, Waxes and Cleaners
- SONAX GmbH
- Chemical Guys
- Surf City Garage

Product Code: CMI5712

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Car Scratch Remover Market, By Type
- Car Scratch Remover Market, By Application
- Car Scratch Remover Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing production and sales of automobiles
Rise in popularity of do-it-yourself car care
- Restraints
Time consuming process
Risk of causing additional damage due to complexity of using car scratch remover products
- Opportunities
Growing awareness among consumers regarding benefits of using car scratch remover products
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Car Scratch Remover Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Car Scratch Remover Market, By Type, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Compound Scratch Removers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Paint Scratch Removers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Scratch Repair Kits
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

6. Car Scratch Remover Market, By Application, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
OEM
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Aftermarket
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

7. Car Scratch Remover Market, By Region, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017-2030,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017-2030,(US$ Bn)
China
India
Japan
Australia South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017-2030,(US$ Bn)
GCC Countries
South Africa
Rest of Middle East.

8. Competitive Landscape

3M Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Turtle Wax, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Meguiar's, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Simoniz USA, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
WD-40 Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Quixx GmbH
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Langka Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Scholl Concepts GmbH
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Wurth Group
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
BARDAHL Manufacturing Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Gtechniq Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
SONAX GmbH
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Surf City Garage
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
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