According to the research report titled ‘Global Antimicrobial Car Care Products Market Size study, by Type (Fabric & Surface Cleaners, Foam Cleaners, Coating Shield) by Vehicle Type (Passenger Cars, Commercial Cars) by Sales Channel (Online, Offline) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global antimicrobial car care products market is anticipated to record a healthy CAGR over 2022-2028.
Report findings suggests that increasing vehicle sales, and rising consumer preference for clean cars are the major factors propelling the global antimicrobial car care products market growth.
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For the unversed, antimicrobial car care products are used to keep vehicle hygienic and safe. These products have the ability to slow down microbial growth and also lower the risk of contamination in cars.
Furthermore, rising rate of urbanization, growing disposable income of individuals, and shifting preference for online sales channels among the leading players are expected to augment industry outlook in the coming years.
However, high product cost, and slow penetration in developing nations may impede the market growth during the stipulated timeframe.
Based on type terrain, the industry is branched into coating shield, foam cleaners, and fabric & surface cleaners. In terms of vehicle type, the market is split into commercial cars and passenger cars. On the basis of sales channel, worldwide antimicrobial car care products marketplace is bifurcated into offline and online.
Moving on to regional scope, North America industry holds a major revenue share at present, owing to presence of significant competitors, and growing use of personal vehicles in the region.
Whereas Asia Pacific market is poised to grow at a healthy CAGR over the stipulated timeframe, on the back of increasing disposable income of individuals, rapid pace of urbanization, and rising demand for private vehicles in the region.
Dow Chemical Company, BioPledge LLC, Ziebart International Corporation, GardGroup Inc., Adam's Polishes Inc., Clean Control Corporation, Sanitized AG, Microban International Ltd., 3M Company, and BioCote Ltd. are the leading players in global antimicrobial car care products market.