Automotive Windshield Washer Fluid Market

Automotive Windshield Washer Fluid Market Size (2023 - 2028):

The Global Automotive Windshield Washer Fluid Market was worth US$ 2.28 billion in 2022 and is anticipated to reach a valuation of US$ 2.88 billion by 2028 and is predicted to register a CAGR of 4.79% during 2023-2028.

Windshield washer fluid, also known as windshield washer fluid, is primarily used to clean the windshield of the vehicle. Windshield washer fluid removes salt, dirt, insects, and dust, as well as snow from the car's windshield. The cleaning liquid is highly flammable and therefore is kept in a separate cabinet or safe room to avoid accidents. In addition, a closed container and a suitable ventilation system are required to use the cleaning liquid. Different types of washer fluid depend on the application, such as antifreeze washer fluid and water-repellent washer fluid.

It goes about as a liquid catalyst. It is sold in sachets of gems that are weakened with refined water, where the water is utilized as a diluent. Moreover, these liquids predominantly contain methanol or ethylene glycol. There are different washer liquids accessible as indicated by season. They effectively eliminate earth, residue, and trash and work on the permeability of the windscreen.

Market Drivers:

Strong car sales are expected to have a direct impact on the global car wiper market. The demand for windshields for cover and resistance against the weather of nature may bode well for the market. Windshield washer systems are likely to be installed in the latest versions of cars to clarify vision in traffic or during long periods of travel. Laminated glass is likely to be the material of choice for manufacturers due to the structural support provided to automobiles and the high resistance to exterior elements. Technological advances in glass, as well as the control of the flow of light, can influence the global market. Additionally, the use of larger windshields in electric and hybrid vehicles can drive market growth.

Market Restraints:

High prices for formulated windshield wiper products may deter the market from expanding. Additionally, the primacy of windshield washer fluid by companies in targeting all demographics can hamper the market growth. Concerns about fluid intake and the short life of the windshield washer system can hamper the efforts of market players.

Market Key Developments:

• The best glass cleaners for your car's windshield and windows.
• If you own or operate a fleet of trucks, you know that one of the most important ways to keep your business healthy is to manage your fleet effectively. But while fleet management is viewed by many as driven by technology, choosing the right fluids and maintenance options can minimize risk and maximize value.
• High visibility is certainly one of the prerequisites for safe driving. With good windshield wipers, a windshield washer fluid will ensure your windshield is crystal clear, which is essential in low-visibility conditions like heavy rain, snow, and winter-typical sub-zero temperatures.
• ITW Global Brands, through its leader brands Rain-X, Black Magic, and Slick 50, dispatched nine new auto consideration and support items intended for the greatest execution to spotless and clean tires and wheels, wash and wax vehicles, and re-energize motors.

AUTOMOTIVE WINDSHIELD WASHER FLUID MARKET REPORT COVERAGE:

Market Segmentation:

Automotive Windshield Washer Fluid Market - By Fluid Type:

• Bug-Repellent
• Water-Repellent
• Anti-Freeze
• Others

Ordinary windshield washer fluid cannot properly clean the windshield in snow and therefore a specially formulated washer fluid is required. The demand for windshield washer fluid is probably going to extend in North America and Europe thanks to the severe winters in these regions.

Automotive Windshield Washer Fluid Market - By Vehicle Type:

• LCV
• HCV
• Passenger Vehicle

The passenger vehicle segment is expected to dominate the automotive windshield washer fluids market during the forecast period. Passenger car production is increasing due to rising per capita income, the availability of loans at a lower interest rate, and rapid urbanization. Additionally, the increase in commercial vehicle use in the e-commerce industry is expected to drive the commercial vehicle segment, which in turn is likely to drive the automotive windshield washer fluid market over the course of the forecast period.

Automotive Windshield Washer Fluid Market - By Application:

• Aftermarket
• OEM

Market Reginal Analysis:

The Global Automotive Windshield Washer Fluid Market Report includes the segmentation of regions:

• North America - U.S, Canada
• Europe - Norway, Germany, Sweden
• Asia Pacific - China, India, Japan
• Latin America - Brazil, Mexico, Argentina
• Middle East and Africa - Middle East, Africa

North America's windshield washer fluid market has the highest share of the market. Driving in winter in areas like North America and Europe is dangerous due to freezing rain, sleet, and snow. Therefore, in such cases, automobile windshield washer fluids are used to clean the windshield and improve visibility. The fluid is distributed through small nozzles mounted on the car's hood. Windshield washer fluid is preheated in colder climates before being sent to the windshield to thaw ice on the windshield surface.

Europe is expected to experience high demand for windshield wash systems due to customer preference to refrain from visiting car washes. Car owners should stock up on products to keep their windshields clean during long drives. Constant travel for pleasure or work is likely to influence market demand in the region. The availability of low-interest rates on vehicle loans can boost passenger car sales. Furthermore, the shift to electric mobility has led electric vehicle manufacturers to integrate new car-compatible washing technologies.

APAC is required to record the quickest development rate during the conjecture time frame. This is ascribed to its utilization by travelers in China and other tropical nations that witness mercury environments. Rising pollution levels and an emphasis on safety regulations bode well for demand from the regional market. The need for a clear view and the removal of dust and other environmental factors can lead to the need for windshield washer systems.

Impact of Covid-19 on the Automotive Windshield Washer Fluid Market:

COVID-19 imposed a negative effect on the automotive windshield washer fluid market. The automotive windshield washer fluid market faced a lot of difficulties in 2020. As there were strict lockdown guidelines, every sector's shares were hampered. However, the automotive windshield washer fluid market is slowly falling into the previous state with the increasing demand from consumers.  

Market Key Players:

1. 3M (U.S.)
2. Guangzhou Botny Chemical Co., Ltd. (China)
3. ITW Global Brands (U.S.)
4. Sonax GmbH (Germany)
5. Total (France)
6. Qwix Mix (U.S.)
7. Recochem Inc. (Canada)
8. ACDelco (U.S.)
9. Soft99 Corporation (Japan)
10. Prestone Products Corporation (U.S.)
11. Japan Chemical Industries (Japan)