In 2022, the global market for antimicrobial car care products is projected to be valued at approximately US$ 194 million. The market is expected to expand at a strong compound annual growth rate (CAGR) of 7.3% between 2022 and 2030 due to the increased emphasis on maintaining vehicle hygiene. By that time, the market is expected to be valued at US$ 341.8 million.
Global automotive sales growth is one of the main factors driving the market for antimicrobial car care products. During the forecast period, this is expected to open up profitable growth opportunities in the antimicrobial car care products market.
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Key Takeaways from Antimicrobial Car Care Products Market Study
- Awareness among consumers regarding health and hygiene due to increasing cases of nosocomial infections and outbreaks of life threatening diseases is projected to propel the demand for antimicrobial car care products through 2030.
- Advancements in car care technologies along with innovations such as bio-based, and anti-infectious cleaning solutions are likely to maintain the positive trend of the market.
- Widespread adoption, easy availability, low cost and product awareness of fabric and surface cleaners make them the most sought-after product type.
- Expanding passenger car fleet continues to attract significant attention of stakeholders.
- Strong foothold of automotive industry as well as history of epidemics in the region are driving the antimicrobial car care products market in East Asia.
Onset of COVID-19 pandemic is anticipated to play a significant role in driving the need for sanitizing and cleaning solution in residential and commercial spaces as well as in public and private commute. The escalated sense of prevention of infectious diseases will steer the adoption of antimicrobial car care products.
Antimicrobial Car Care Products Market: Participant Insights
Key manufacturers in the antimicrobial car care products market, like Biocote Ltd, 3M Company, Microban International, Sanitized AG, Biopledge LLC are focused on strengthening their product portfolio and expanding their manufacturing capabilities to keep up with increasing demand in the market.
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Antimicrobial Car Care Products Market Segmentation
Type
- Fabric & Surface Cleaners
- Foam Cleaners
- Coating Shield
Vehicle Type
- Passenger Cars
- Commercial Cars
Sales Channel
- Online
- Offline
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- MEA
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