Automotive Cleaner and Degreaser Aftermarket: Recent Industry Developments and Growth Strategies Adopted by Players
Automotive cleaners and degreasers are used to rapidly dissolve and remove grease, oil, and dirt from most steel, aluminum, magnesium, copper, rubber, plastic and concrete surfaces of the vehicle. The basic difference between a cleaner and a degreaser is that a cleaner is primarily utilized to clean the interior components of the vehicle, which are made of vinyl, rubber, plastic and very rarely external components such as tires. A degreaser is primarily employed to remove dirt and other contaminants from car components such as tires, the engine, or wheel wells.
Contamination of the engine by deposits of grease, sludge, or other combustion byproducts is likely to have an adverse effect on the overall engine performance and vehicle efficiency. Increasing demand for reduction in contamination of engine and other vehicle components by such deposits in order to ensure better and more efficient vehicle performance is expected to boost the automotive cleaner and degreaser aftermarket during the forecast period.
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Based on type, the automotive cleaner and degreaser aftermarket can be segmented into water-based and solvent-based. Solvent-based automotive cleaners and degreasers are likely to have adverse effects on the environment owing to the emission of VOCs (volatile organic compounds) and other hazardous substances into the environment after prolonged usage.
Based on application, the automotive cleaner and degreaser aftermarket can be classified into cleaner (brake, carburetor, engine flush, catalytic converter, and others) and degreaser (engine, exhaust, transmission and others). The engine flush cleaner segment is likely to expand at a rapid pace during the forecast period owing to the rising need to keep the engine free from contaminants and the ability of the engine flush cleaner to remove impurities and contaminants up to 25 microns.
Based on the mode of availability, the automotive cleaner and degreaser aftermarket segment can be segregated into aerosol can, spray bottle, jug, pail, and drum. The aerosol can segment is expected to expand at a considerable growth rate during the forecast period.
Based on vehicle type, the automotive cleaner and degreaser aftermarket can be divided into passenger vehicles and commercial vehicles. The commercial vehicles segment can be further sub-segmented into light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and buses & coaches. The passenger vehicles segment is likely to expand at a significant growth rate during the forecast period owing to the increasing production volumes of passenger vehicles.
Based on geographical region, the automotive cleaner and degreaser aftermarket can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among geographical regions, Europe leads the global automotive cleaner and degreaser aftermarket owing to the substantial demand for automotive engine degreasers in the region.
Key players operating in the global automotive cleaner and degreaser aftermarket include 3M, WD-40 Company, The Dow Chemical Company, WURTH GROUP, Penray, and ABRO INDUSTRIES, INC.,