Automobile Weather Strip Market

The global Automobile Weather Strip market was valued at 107.05 Million USD in 2021 and will grow with a CAGR of 3.46% from 2021 to 2027, based on newly published report.

The prime objective of Automobile Weather Strip Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automobile Weather Strip Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Automobile weather strip is the rubber material that seals the edges of a vehicle`s windshield, windows, doors, engine hood, trunk lid, etc. Automobile weather strip is usually made into a hollow sponge foam tube.Automobile weather strip is commonly made of EPDM rubber, a thermoplastic elastomer (TPE) mix of plastic and rubber, and a thermoplastic olefin (TPO) polymer/filler blend. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India regions. North America, especially The United States, will still play an important role which cannot be ignored. The leaders, such as Cooper Standard, Toyoda Gosei, Hutchinson, Nishikawa and Henniges occupy big share. As a result, the market concentration is relatively high. In Automobile Weather Strip Market , the top 5 listed companies take up about 57% of the market in 2017. Most sales occurred domestically, import and export of each region is not too much. Most of the sales of automobile weather strip occur by OEM, and aftermarket is small according to the research. For the fierce competition between suppliers, the price and gross margin is expected to decrease further.

By Market Verdors:

Cooper Standard

Toyoda Gosei

Hutchinson

Henniges

Nishikawa

SaarGummi

Hwaseung

Kinugawa

Magna

Tokai Kogyo

Guizhou Guihang

Qinghe Huifeng

Zhejiang Xiantong

Jianxin Zhao`s

Jiangyin Haida

Hebei Longzhi

Qinghe Yongxin

Hubei Zhengao

By Types:

EPDM Strip

TPE/TPO/TPV Strip

By Applications:

Passenger Vehicle

Commercial Vehicle

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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