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Tire & Wheel Cleaners Market

Market Insights on Tire & Wheel Cleaners covering sales outlook, demand forecast & up-to-date key trends

Tire & Wheel Cleaners Market By Cleaner type, Wheel types & Region - Forecast 2022-2032

Tire & Wheel Cleaners Market Snapshot

The Tire & Wheel Cleaners Market is expected to reach US$ 2023.3 Mn by 2032, at an 2.50% CAGR. Tire and wheel cleaners are cleaning solutions used to maintain and clean the tire and wheels of automobiles in order to keep the vehicle's appealing appearance. The Tire and Wheel gets badly affected due to the rough road conditions, mud and grime that accumulates within the wheels and tires which may affect the performance of the tire. It is important to wash tires and wheels on a regular basis using different cleaners agents.

The global tire and wheel cleaners market is mainly driven by the growth of the car wash and car care industry globally. Also DIY (Do It Yourself) activities and increasing spending by vehicle owners for maintaining the vehicle is boosting the growth of the market.

The increasing demand for automated car wash centers and surging demand for maintenance of hot rods and antique vehicle globally is anticipated to propel the growth of the tire and wheel cleaners market growth.

Market Size (2021)

US$ 1,768.4 Mn

Market Size 2022

US$ 1,812.6 Mn

Market Size 2032

US$ 2,023.3 Mn

Value CAGR (2022-2032)

2.50%

Increasing awareness for vehicle maintenance among the vehicle owners, the demand for car wash centers have been surging. This has a positive impact on tire and wheel cleaning market.

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Historic Market Outlook for Tire & Wheel Cleaners Market

The analysis of the Tire & Wheel Cleaners Market estimates its value at US$ 1,812.6 Mn in 2022 and reveals a historical growth rate of less than 1.30% CAGR for the period of 2017 to 2021.

Demand for Tire and Wheel Cleaners will grow at a steady pace with rapid expansion of the automotive industry. The demand for automobiles such as Passenger cars, Light Commercial Vehicles (LCVs), and Heavy Commercial Vehicles (HCVs) is rising, which has resulted in an increase in vehicle production as well as the manufacture of related accessories like Tire and Wheel Cleaners .The major driving factor fueling the growth of Tire and Wheel Cleaners is increase in demand for all wheater tire and wheel cleaners because of bad whether and roads.Increasing preference towards improve exterior look of car wheels expected to witness growth of Tire and Wheel Cleaners Market.

Due to High service cost for car maintenance at a professional service station is factor individual owners are opting for the retail purchase of the Tire and Wheel Cleaners and self-application. Moreover, the availability of a wide range of options to choose from in the local market has supported the growth of the Tire and Wheel Market.

According to the most recent FMI analysis, the market is expected to grow at a rate of 2.50% between 2022 and 2032.

What are the Various Factors Driving the Tire & Wheel Cleaners Market?

Increased spending on car maintances by vehicle owners is predicted to boost the tire and wheel cleaners market. Moreover, growing consumer preference for auto care solutions that helps to improve the performance and appearance of vehicles is anticipated to propel the market growth. Increasing sales of two-wheelers and automobiles are also predicted to indirectly drive the demand for tires and wheel cleaners market.

Increased vehicle sales are the primary drivers in the worldwide tyre and wheel cleaners industry. The worldwide tire and wheel cleaners market is primarily driven by the expanding car wash and car maintenance industry.

Nikhil Kaitwade
Nikhil Kaitwade
Principal Consultant
LinkedIn
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Which Factors May Hinder the Tire & Wheel Cleaners Market Growth?

Tire and wheel compatibility is different for different wheel depending on the materials of the tires and wheels, if the necessary cleaners are not used for the appropriate Tire and Wheel, they are chances the tire or wheel may get damage.

The use of toxic chemicals and compounds used in manufacturing of therse cleaning agents is one of the major factor which may hinder the market growth. There are different types of tire & wheel cleaners available in the market, they all use the same formula for the production. They typically use a mixture of acids, ammonia-based compounds, solvents, and water. Some of the mixture like acids are highly toxic that can be hazardious for the end user. It also affects the wheel’s finish and also created problems such as skin and eyes irritation if used without protective gears.

What is the Regional Analysis of the Tire & Wheel Cleaners Market?

Asia Pacific is likely to experience tremendous growth as key players in the automotive industry are shifting their operations to this region. Increased foreign direct investment (FDI) in the automobile sectors is fueling expansion of Tire and Wheel cleaners market for this region.

The North America is anticipated to hold the largest market share by the end of the forecast period, due to strong position in the car wash industry. North Ameriuca followed by Europe is anticipated to hold the largest share in the global car wash industry.

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Market Competition

Key players operating in the Tire & Wheel Cleaners market include Eagle One, The Armor All, Meguiar's Inc, BLACK MAGIC, Mothers, Polishes Waxes Cleaners, Autoglym, Karnavati Brush Mfg. Co, Laxmi Brush Industries among, others.

Scope of the Report

Attribute

Details

Growth Rate

CAGR of 2.50% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2017-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Cleaner Type
  • Wheel Type

Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa

Key Countries Covered

  • US
  • Canada
  • Mexico
  • Brazil
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Benelux
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • ASEAN
  • ANZ
  • GCC Countries
  • Turkey
  • South Africa
  • North Africa

Key Companies Profiled

  • Eagle One
  • The Armor All
  • Meguiar's Inc
  • MUC-OFF,
  • BLACK MAGIC
  • Mothers
  • Polishes Waxes Cleaners
  • Autoglym among
  • Karnavati Brush Mfg. Co
  • Laxmi Brush Industries
  • 3M
  • Others

Customization & Pricing

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Key Segments Profiled in the Tire & Wheel Cleaners Market Report

By Cleaner type , Tire & Wheel Cleaners Market is segmented as:

  • Alloy Wheel Cleaners
  • Tire Dressings
  • Metal polish
  • Wheel Brushes
  • Tire Swipes

By Wheel types , Tire & Wheel Cleaners Market is segmented as:

  • Aluminium Alloy Wheels
  • Chrome Plated Wheels
  • Rough Cast Alloy Wheels
  • Others (Anodized Wheels, PVD Coated Wheels)

Region, Automotive Exhaust Headers Market is segmented as:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

Frequently Asked Questions

In 2021, the value of the Tire & Wheel Cleaners Market reached over US$ 1,768.4 Mn.

During the forecast period, the Tire & Wheel Cleaners Market is estimated to expand at a CAGR of 2.50% during 2022-2032.

The Tire & Wheel Cleaners Market is projected to reach US$ 2,320.3 Mn by the end of 2032.

East Asia region is projected to lead the Tire & Wheel Cleaners Market in the forecast period.

Key players operating in the Tire & Wheel Cleaners market include Eagle One, The Armor All, Meguiar's Inc, MUC-OFF, BLACK MAGIC, Mothers, Polishes Waxes Cleaners, Autoglym among, others.

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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Tire & Wheel Cleaners Market