The automotive weather-strip market is expected to reach US$ 17.90 Billion by 2032.
The automotive weather-strip market is expected grow at a CAGR of 3.8% between 2023 to 2032.
The automotive weather-strip market was estimated to be US$ 12.32 Billion in 2022.
The global automotive industry has experienced a significant surge in vehicle production and sales, driven by factors such as population growth, increasing disposable income, and urbanization.
The rubber segment holds the largest market share in automotive weather-strips due to its favorable characteristics, established industry presence, and cost-effectiveness, making it a reliable and widely adopted material choice in the automotive industry.
The Asia-Pacific region dominates the global automotive weather-strip market, primarily driven by countries like China, Japan, and India, which are significant automotive manufacturing hubs.
Cooper Standard Automotive Inc. (United States), Eagle Industry Co., Ltd. (Japan), ElringKlinger AG (Germany), Freudenberg SE (Germany), Henniges Automotive Holdings, Inc. (United States), Hutchinson SA (France), Japan Industrial Partners, Inc. (Japan), Kinugawa Rubber Industrial Co., Ltd. (Japan), Nishikawa Rubber Co., Ltd. (Japan), REHAU (Germany), Sumitomo Riko Company Limited (Japan), Trelleborg AB (Sweden), Toyoda Gosei Co., Ltd. (Japan), Tubosider S.p.A. (Italy), Zhejiang Xiantong Rubber & Plastic Co., Ltd. (China) among others, are the major players in the automotive weather-strip market.
Copyright © 2023 Same Page Management Consulting Pvt. Ltd. (insightSLICE) | All Rights Reserved