The global automotive appearance chemical market size accounted for USD 31,300 million in 2024 and is expected to exceed around USD 50,980 million by 2034, growing at a CAGR of 5% from 2024 to 2034.
The automotive appearance chemicals market is growing with the continued development of the automobile industry, especially in the world's developing economies, with the increasing demand for quality products for automobiles expected to drive the market during the forecast period. When the product is needed. Automotive appearance chemicals such as wax and polish make the car look beautiful and shiny. Protectants and cleaners are used to maintain the condition of the vehicle. The market is mainly driven by demand from the older model and luxury car segment, as they require more maintenance.
The demand in the automotive appearance chemicals market continues to increase due to the increasing demand for car detailing, the influence of social life, and maintenance standards, car owners are increasingly investing in chemicals to maintain the new look of their cars. In addition, the development of vehicle modification and consumers' search for special and personalized appearances are increasing the demand for specialized appearance chemicals. In addition, the expansion of the electric vehicle (EV) market offers new opportunities for chemicals that meet the special needs of EVs and the environmental friendliness of the product.
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| Stats ID: | 7245 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Stats ID: | 7245 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
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