Indonesia Car Care Products Market 2022 Report Examines Latest Trends and Key Drivers Supporting Regional Outlook
2027
Astute Analytica published a new report on the Market. The global indonesia car care products market report has extensive information about the market size, drivers, threats, opportunities, and growth factors. In addition, the research report contains COVID-19 impact, regional insight, competitors analysis, and segmentation.
Indonesia Car Care Products Market is estimated to witness a rise in revenue from US$ 57.3 Mn in 2021 to US$ 73.5 Mn by 2027. The market is registering a growth at a CAGR of 4.2% during the forecast period 20222027.
According to a 2019 estimate from the International Council of Chemical Associations, the chemicals industry is one of the largest in the world, contributing US$ 5.7 trillion to global GDP and supporting nearly 120 million employments. In order to reduce the negative environmental impact of chemical manufacture, chemical industries are progressively embracing sustainable and eco-friendly procedures.
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Chemical companies are using an eco-friendly alternative such as using carbon dioxide from the atmosphere to make fuels, industrial products, and other chemicals. Technological advancements and the development of chemical sciences are playing a major role in this transition in the industry.
Impact Analysis of COVID-19
Almost every product people use has chemicals. Chemical businesses are functioning in a radically different paradigm as the effects of COVID-19 ripple over the globe and economic activity grinds to a standstill. There is a chasm in the demand for chemicals across end markets. The global supply networks disrupted, chemical companies’ stock prices have taken major hits, and chemical manufacturer competitive orders have switched swiftly in the United States, the Middle East, China, and Europe.
Regional Insights
By Product segment of the Indonesia Car Care Products Market is subsegmented into:
• Car Wash Solution/Liquids
• Car Wax & Polish
• Sprays
• Glass Cleaner
• Microfiber Cloth
• Others
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By Applications segment of the Indonesia Car Care Products Market is sub-segmented into:
• Interior
• Carpet & Upholstery
• Leather Care
• Vinyl, Rubber and Plastic Care
• Air Freshener
• Exterior
• Paint Care
• Wheel & Tyre Care
• Glass & Windshield Care
• Seasonal Care Products
By Packaging Volume segment of the Indonesia Car Care Products Market is sub-segmented into:
• Less than 250 ml
• 251 – 500 ml
• 501 – 999 ml
• 1 L – 5 L
• Above 5 L
• Others
By Retail Channel segment of the Indonesia Car Care Products Market is sub-segmented into:
• Online
• Offline
• Vehicle Distributor/Brand Stores
• Garages/Workshops
• Spare & Parts Shops
Key Players Insights
The key players operating in the market include 3M Company, Armor All, Autoglym, BULLSONE Co. Ltd, Cartec B.V., Chemical Guys, Illinois Tool Works, Jopasu India Pvt. Ltd., LIQUI MOLY GmbH, Simoniz USA Inc, SOFT99 Corporation, Sonax GmbH, Tetrosyl Ltd., Turtle Wax and WAVEX among others.
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