Short answer is no! It is strictly a gentle method for cleaning and remove surface coating of material, graffiti, dirt, paint, mold etc. It works on plastic, metals, fiberglass, stone, brick and some woods As it can get caught in the woods grain structure of some soft woods.
On this side of the pond they are mixing it with an abrasive for light rust removal. It does leave a residue on the material that has to be cleaned off, before painting or other coating process.
They have a kit in the auto parts stores that have a head light covers cleaning and scratch removing kit that may work for you.