Global Automotive Window & Exterior Sealing Market Projected to Grow at 6.5% CAGR through 2026

A new comprehensive report titled “Automotive Window & Exterior Sealing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” has recently been added to the vast database of Market Research Reports Search Engine (MRRSE). According to the report, the global automotive window and exterior sealing market is projected to grow at 6.5% CAGR through 2026. In terms of revenues, the market is projected to reach a valuation of over US$ 15 Bn.

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The report offers detailed analysis on the key factors that are driving the growth of the market. According to the report, the automotive OEM industry is going through a phase of transformation, with efficiency and aesthetics gaining focus. Owing to enhanced focus on efficiency, window and exterior sealing manufacturers are likely to invest in development of innovative products and services.

Although the outlook on automotive window an exterior sealing market remains positive, challenges associated with use of non-degradable synthetic rubber can create challenges for market growth during the assessment period. Although manufacturers are moving towards degradable products, the transition is still in a nascent stage.

The global market has been segmented into vehicle type, sales channel, component type and region. The vehicle type segment is further sub-segmented by HCV, LCV and PC. The segment of sales channel is bifurcated into aftermarket and OEM. By component type, the global market is categorized into inner & outer belt, trunk, rear windshield, roof ditch molding, glass run channel, front windshield, hood, door and others. Geographically, the market is divided into key regions which are North America, Latin America, Europe, Asia Pacific Excluding Japan, Middle East and Africa and Japan.

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According to the report, Asia Pacific excluding Japan (APEJ) is likely to be one of the leading markets for automotive window and exterior sealing during the assessment period. Surging sales of automobiles in China and India is one of the key factors promoting the growth of the market. The APEJ automotive window and exterior sealing market is projected to reach a valuation of nearly US$ 6.8 Bn by the end of 2026.

The product and business strategies of some of the leading players in the arket has been discussed. Some of the major companies profiled in the report are Cooper-Standard Automotive Inc., Hutchinson Sealing Systems, Magna International Inc., PPAP Automotive, Saar Gummi, Standard Profil, Henniges Automotive Holdings Inc., Lauren Plastics LLC, Minth Group Ltd., Rehau Automotive S.R.O, Toyoda Gosei Co., Ltd and Saar Gummi Group.

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