Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2445.63 Million | USD 2987.46 Million | 2.54% | 2022 |
The global Tire & Wheel Cleaners Market size was worth around USD 2445.63 Million in 2022 and is predicted to grow to around USD 2987.46 Million by 2030 with a compound annual growth rate (CAGR) of roughly 2.54% between 2023 and 2030.
As the name suggests the tire & wheel cleaners are the cleansing agents that are used for maintaining and cleaning the tires and wheels of the vehicles to maintain the aesthetic look of the automobile. As the wheels and tires get dirty too often due to the harsh conditions of the road owing to which mud and dirt get accumulated inside the wheels and tires. It needs to be cleaned regularly with the help of appropriate tire and wheel cleaners.
The global market for the tire and wheel cleaners is fragmented into its type and the wheel type. On the basis of cleaner type, the global market is segregated into tire dressings, wheel brushes, alloy wheel cleaners, metal polish, and tire swipes. On the basis of wheel types, the market is categorized into chrome plated wheels, PVD coated wheels, aluminum alloy wheels, anodized wheels, and rough cast alloy wheels, and others.
The main driving factor of the tire and wheel cleaners market is the flourishing car wash industry across the world. The other major factors that are fuelling the growth of the market are the advancement of the car care industry, the development of the products such as DIY car care products that help in enhancing the looks of the car, and the rise in the spending of the consumers on the car care. The growth in the sales of the automobiles is also one of the factors that are triggering the tires and wheel cleaners market to an extent. There are factors that are limiting the growth of the market such as if the appropriate tire and wheel cleaners are not used then it may affect the wheels owing to the factor that the compatibility of wheel & tires cleaners differ with materials of tires & wheels.
On the basis of the regional segmentation, the global tire and wheel cleaners market includes regions such as North America, Western Europe, Asia Pacific, the Middle East and Africa, Latin America, and Eastern Europe. The maximum market share in the tire and wheel cleaners market is held by the North American region. The major factor that contributes to the market growth in this region is the highly developed car wash industry in this region. The region following the footsteps of North America is Western Europe owing to its developed car wash industry. In the coming years, Asia Pacific region will experience a moderate rate of market growth owing to the popular car care companies penetrating in this region.
Report Attributes | Report Details |
---|---|
Report Name | Tire & Wheel Cleaners Market Size Report |
Market Size in 2022 | USD 2445.63 Million |
Market Forecast in 2030 | USD 2987.46 Million |
Growth Rate | CAGR of 2.54% |
Number of Pages | 188 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Armor All, MUC-OFF, Mothers Polishes Waxes Cleaners, Inc., Eagle One, Meguiar’s Inc., Black Magic, Autoglym, and others |
Segments Covered | By Type,By Wheel Type And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Tire dressings
Wheel brushes
Alloy wheel cleaners
Metal polish
Tire swipes
Chrome plated wheels
PVD coated wheels
Aluminum alloy wheels
Anodized wheels
Rough cast alloy wheels
What Reports Provides
FrequentlyAsked Questions
Tire & Wheel Cleaners Market size was worth around USD 2445.63 Million in 2022 and is predicted to grow to around USD 2987.46 Million by 2030
The global Tire & Wheel Cleaners Market is expected to grow at a CAGR of 2.54% during the forecast period.
The global Tire & Wheel Cleaners Market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market owing to the growing sales of the car.
Armor All, MUC-OFF, Mothers Polishes Waxes Cleaners, Inc., Eagle One, Meguiar’s Inc., Black Magic, Autoglym, and others
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