Automotive Windows and Exterior Sealing Market Projected to Witness a MeasurablePosted by surendra choudhary on February 18th, 2021 Transparency Market Research has published a new report on the global automotive windows and exterior sealing market for the forecast period of 2019–2027. According to the report, the global automotive windows and exterior sealing market is projected to reach a valuation of ~US$ 26 Bn by 2027, expanding at a CAGR of ~4% during the forecast period. Want to know the obstructions to your company’s growth in future? Request a brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38045 Global Automotive Windows and Exterior Sealing Market: Key Insights
Expansion of Global Automotive Windows and Exterior Sealing Market
Based on component, the global automotive windows and exterior sealing market has been classified into glass run channel, roof ditch molding, front windshield, rear windshield, hood, trunk, door, inner & outer belt, and others. The glass run channel segment held a significant share of the global automotive windows and exterior sealing market. The door segment accounted for the second-largest share of the market, owing to the extensive usage of door sealing in vehicles. Increasing penetration of sunroof systems in the automotive industry is projected to propel the roof ditch molding segment significantly in the automotive windows and exterior sealing market during the forecast period. Regional Analysis of Global Automotive Windows and Exterior Sealing Market In terms of region, the global automotive windows and exterior sealing market has been divided into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific held a prominent share of the market in 2018. The region accounted for nearly half the global automotive windows and exterior sealing market, due to the higher production of vehicles in China and Japan. Furthermore, the adoption and production of electric vehicles in China is higher as compared to that in other countries, owing to government incentives and norms, which, in turn, is likely to further boost the automotive windows and exterior sealing market in the region. Prominent players operating in the global automotive windows and exterior sealing market include Cooper-Standard Holdings, Inc., Henniges Automotive Holdings Inc., Hutchinson SA, Lauren International Ltd., Magna International Inc., Minth Group Ltd., PPAP Automotive Ltd., Rehau Automotive S.R.O., Saar Gummi Czech S.R.O., Standard Profil AS, and Toyoda Gosei Co., Ltd. Like it? Share it!More by this author |