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INDUSTRIAL | Manufacturing
liqui-moly.com

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About Liqui Moly

Liqui Moly is a globally operating manufacturer of high-quality lubricants, engine oils, additives and other vehicle care products.

Liqui Moly Headquarter Location

Jerg-Wieland-Straße 4

Ulm, 89081,

Germany

+49-731-1420-0

Latest Liqui Moly News

Automobile Care Products Market is estimated to register 4.11% CAGR | Market Research Future (MRFR)

Mar 12, 2021

Key industry participants in the global Automobile Care Products Market are Adolf Würth GmbH & Co. KG (Germany), Jopasu Systems Pvt. Ltd. (India), Mothers Inc. (US), BULLSONE Co. Ltd (South Korea), Valvoline Inc. (US), Total S.A (France), SOFT99 corporation. (Japan), Tetrosyl Ltd. (England), Simoniz USA (US), 3M (US), Turtle Wax (US), The Armor All (US), SONAX GmbH (Germany), LIQUI MOLY GmbH (Germany), Autoglym (UK), Guangzhou Botny Chemical Co., Ltd (China), Illinois Tool Works Inc. (US), and Guangzhou Biaobang Car Care Industry Co., Ltd (China). | Source: Market Research Future Pune, March 12, 2021 (GLOBE NEWSWIRE) -- Invest in the Best Auto Care Products The automobile care products market is a flourishing space. The market is growing mainly due to the growing production and sales of vehicles over the past few years. Whether a brand new car or used ones, regular car maintenance and investing in quality auto care products always pays back well. The right auto care solution restores vehicles to their top form. There is a range of products available in the market to protect and maintain vehicles from top to bottom and from under the hood to the surface. The global automobile care products market is garnering remarkable growth over recent years. Factors such as the rising sales of luxury vehicles and growing awareness of automotive care products drive the growth of the market. Besides, the strong economic growth and the spurring rise in the automotive industry create substantial market demand. Moreover, growing numbers of service stations and increasing aftermarket activities escalate market growth. Market Research Future (MRFR), in its latest analysis - the global automobile care products market, asserts that the market is projected to grow at a 4.11% CAGR during the forecast period (2019–2025). Auto owners are focusing on improving vehicle aesthetics and performances. Advances in technologies and the relative efficacy of competing auto care products are priorities that have already altered the market capitalization. The rapid expansion of automotive industries in emerging economies such as China, India, Thailand, Mexico, Indonesia, and Vietnam, fosters the automobile care products market size. Get Free Sample PDF Brochure The COVID-19 outbreak severely hit the automobile care products industry. On one side, manufacturers faced various problems ranging from obtaining raw materials o develop products and attracting workers from quarantines t and delivering end products to attracting workers from quarantines. Strict lockdown mandates halted production facilities and forced several manufacturers to cut down on their production output. However, the automobile care products market is rapidly returning to normal, witnessing the steadily increasing demand. The automobile care products market demand is projected to pick up following the uplift of the lockdown in many countries. Industry Trends The automobile care products market is garnering significant traction across the globe. The rising adoption of automotive care services in passenger vehicles is likely to foster the automobile care products market shares. Additionally, the rising demand for automotive care products and increased maintenance cost of luxury vehicles act as major driving forces. Besides, rapid advances in care & maintenance technologies and materials influence the growth of the market. Conversely, price volatility and the demand-supply gap in raw materials essential for production are major factors impeding the growth of the market. Also, the availability of several low-cost counterfeit automobile care products poses challenges to market growth. Browse In-depth Market Research Report (136 pages) on Automobile Care Products The automobile care products market is segmented into type, application, and region. The type segment is sub-segmented into cleaning & caring, polishing & waxing, sealing glaze & coating, and others. Among these, the cleaning and caring segment holds the largest market share due to the increasing use of cleaning & caring products to remove dirt, mud, hard-dust, bird droppings, oil & grease from exterior automotive painted surfaces without damaging the surface. The application segment is sub-segmented into service centers and garages, auto beauty shops, individual sources, and others. Among these, the service centers & garages segment holds the largest market share. Service centers & garages are well equipped to provide a range of services, including washing, aesthetic enhancements, lubrication, and tire and battery services. Regional Analysis  The Asia Pacific region dominates the global automobile care products market. Ample availability of key raw materials and cost-competitive workforces are major factors impacting the automobile care products market growth. Besides, the growing number of service stations, increasing aftermarket activities, and rising automotive sales in the region impact the market growth positively. Furthermore, the strong economic growth and the burgeoning automotive industry in this region create substantial market demand. Continually shifting market dynamics, technological improvements, and changing preferences of vehicle owners are key trends substantiating the region's automotive care products market size. The APAC automobile care products market is projected to maintain its market position throughout the review period. Share Your Queries  North America acquires the second position in terms of automobile care products market value. Factors such as the North American Free Trade Agreement (NAFTA) and increasing sales of automobiles increase the demand for automotive care products in the region. With the presence of several key industry players, such as Valvoline, Turtle Wax, and 3M (US), the US dominates the regional market. Additionally, the growing number of automotive beauty shops and service stations and the rising consumer awareness regarding vehicle aesthetic enhancement boost the region's automotive care products market size. Europe witnessed a spurring rise in the automobile care products market value. The presence of major automotive manufacturers contributes to the European automobile care products market growth. Moreover, factors such as stringent regulations and increasing demand for environment-friendly vehicles boost the region's automobile care products market revenue. The European automobile care products market is expected to grow at a significant rate over the forecast period. Competitive Analysis The automobile care products market witnesses significant strategic approaches, such as collaboration, mergers & acquisitions, expansion, and technology launch. Leading industry players make strategic investments to drive research and development activities and expansion plans. For instance, recently, on Feb. 01, 2021, Kraton Corporation, a leading global producer of specialty polymers and high-value bio-based products, announced the first commercial application of IMSS™ technology in an automotive application. SAIC-GM, a joint venture (JV) between General Motors Company and SAIC Motor Corporation Limited, officially released the 2021 Buick GL6 model's newly engineered interior in late November 2020 in the Chinese market. In another deal on Jan. 20, 2021, Turtle Wax announced entering India to capitalize on the growing car care business. Along with a range of exterior & interior car care products, Turtle Wax would also launch a vehicle disinfectant in the next few months. Key players involved in the market are Jopasu Systems Pvt. Ltd. (India), Adolf Würth GmbH & Co. KG (Germany), Mothers Inc. (US), Valvoline Inc. (US), BULLSONE Co. Ltd (South Korea), Total SA (France), Tetrosyl Ltd. (England), SOFT99 corporation. (Japan),Simoniz USA (US), Turtle Wax (US), 3M (US), The Armor All (US), LIQUI MOLY GmbH (Germany), SONAX GmbH (Germany), Autoglym (UK), Illinois Tool Works Inc. (US), Guangzhou Botny Chemical Co., Ltd (China), and Guangzhou Biaobang Car Care Industry Co., Ltd (China), among others. Discover More Research Reports on Automotive Components Industry , By Market Research Future Browse Related Reports: Global Car Wash Machine Market Research Report: Information By Type (Household and Commercial), By Application (Passenger Car and Commercial Vehicles) - Forecast till 2025 Global Automotive Plain Carbon ERW Tubes Market Research Report: Information by Application (Frames, Suspension, Exhaust and others), Vehicle Type (Passenger Car and Commercial Vehicle) and Region - Forecast till 2025 Global Idler arm Market Research Report: Information by Material (Alloy Steel, Iron, Carbon Steel and others), Sales Channel (OEM and Aftermarket), Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2025 Global Automotive Brake Valve Market Research Report: Information by Product Type (Metering, Pressure Differential, Proportionating, Combination, Hydraulic and others), Material Type (Steel, Copper, Brass and others), Vehicle Type (Passenger Cars, LCV and HCV), Sales Channel (OEM and Aftermarket) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2025 Global Power Liftgate Market Research Report: Information by System Type (Conventional and Hands-Free Power Liftgate), Vehicle Type (Passenger Car and Commercial Vehicle), Sales Channel (OEM And Aftermarket) and Region (North America, Europe, Asia-Pacific, and RoW) - Forecast till 2026 Global Ventilated Seats Market Research Report: Information by Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), Propulsion (ICE and Electric Vehicle), Sales Channel (OEM and Aftermarket) and Region (North America, Asia-Pacific, Europe and Rest of the World) - Forecast till 2025 Global Automatic High Beam Control Market Research Report: Information by Vehicle Type (Passenger Car and Commercial Vehicle), Propulsion (Internal Combustion Engine (ICE) and Electric Vehicle), Sales Channel (OEM and Aftermarket), by Region (North America, Europe, Asia-Pacific and the Rest of The World) - Forecast till 2025 Global Diesel Engine Catalyst Market Research Report: Information by Technology (DOC, DPF, SCR, Others), Application (On-Road and Off-Road), Sales Channel (OEM and Aftermarket) and Region - Forecast till 2025 Global Door Control Modules Market Research Report Information: by Type (Centralized and Decentralized), by Sales Channel (OEM and Aftermarket), by Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2025 Global LED Fog Lamp Market Research Report: By Color (White, Yellow, Others), By Position (Front, Rear), By Sales Channel (OEM, Aftermarket) and By Vehicle Type (Passenger car, Light commercial vehicle, Heavy Commercial vehicle) – Forecast to 2025 About Market Research Future: Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Liqui Moly Patents

Liqui Moly has filed 1 patent.

The 3 most popular patent topics include:

  • Graphical projections
  • Light machine guns
  • Lomanotidae
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/4/2018

11/26/2019

Graphical projections, Light machine guns, Technical drawing, Roadsters, Lomanotidae

Grant

Application Date

1/4/2018

Grant Date

11/26/2019

Title

Related Topics

Graphical projections, Light machine guns, Technical drawing, Roadsters, Lomanotidae

Status

Grant

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