Market News

Recent Developments

In March 2023, Turtle Wax, a renowned brand in car care and a prominent leader in the overall car care category, launched a new and innovative product line called Streak-Free Mist, perfectly timed for National Car Care Month in April. Consisting of five interior and exterior products, this line provides consumers with a convenient, efficient, and straightforward solution for auto detailing. The products are exclusively available at Walmart U.S. and Walmart.com.

In February 2023, 3M, has introduced a groundbreaking medical adhesive designed to adhere to the skin for an extended period of up to 28 days. This innovation caters to various health monitors, sensors, and long-term medical wearables. Before 2022, extended medical adhesives typically lasted up to 14 days. 3M has now doubled that duration, aiming to provide a more patient-centered approach to healthcare.

Key Strategic Initiatives

In 2020, Meguiar's announced a partnership with Adam's Polishes, a leading provider of premium car care products. The partnership aimed to offer a wider range of car care solutions to customers and expand the market reach of both companies.
In 2021, 3M announced a partnership with Hyundai Motor America, a leading provider of automobiles. The partnership aimed to offer innovative car care solutions to Hyundai customers and enhance the customer experience.
In 2021, Carfidant, a lending manufacturing company, announced a partnership with Advanced Auto Parts, a leading provider of automotive parts and accessories. The partnership aimed to offer Carfidant's innovative car care solutions to Advanced Auto Parts customers and expand the market reach of both companies.

Car Scratch Remover Market Report Snapshots