Projeted Growth
Moderate

Growth Potential Meter

Automotive Sealing Strip Market by Material Type ( Ethylene Propylene Diene Monomer (EPDM), Thermoplastic elastomers (TPE), Polyvinyl chloride (PVC), Others) by Application ( Passenger Car, Light commercial Vehicle (LCV), Heavy Commercial Vehicles (HCV)) by Industry Analysis, Volume, Share, Consumer Insight, Challenges, Trends, Strategies & Forecast 2028

Number of pages: 148 | Report Code: PSMR- PSMR-500080 | Report Format : PDF

Automotive Sealing Strip Market  Research Report

Report Coverage

Parameters Details

Base Year

2021

Historical Data

2016-2021

Forecast Data

2022-2028

Base Year Value (2021)

USD 14165.37 million

Forecast Value (2028)

USD 19020.3315 million

CAGR (2022 to 2029)

4.3 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Automotive Sealing Strip Market is estimated to grow at a CAGR of 4.3 % between 2022 and 2028

Overview

Sealing Strips are used to fill gap between the automobile body top and reinforced beams, and the effect of sealing and damping. It ensures safety of passengers and interior compartment from rain, dust & other elements. Quality of Sealing Strip is very important as it loses its grip with age. Automotive Sealing Strip Market is valued at USD 12484.61 million in 2019 and expected to show steady growth rate in upcoming years. Sealing Strips are one the must have feature / part of automobile with massive expansion of Automotive industry globally Automotive Sealing Strip Market has also shown impressive growth.  


Product type & Competitive analysis

Research report on Automotive Sealing Strip Market considers Ethylene Propylene Diene Monomer (EPDM), Thermoplastic elastomers (TPE), Polyvinyl chloride (PVC) as primary materials used in manufacturing of these strips. In-detail analysis across each of these materials type is very important to understand their market revenue, volume & growth. Ethylene Propylene Diene Monomer (EPDM) is most commonly used material in manufacturing of these strips. EPDM is extremely durable and delivers quality resistance against dust, rain & air. It has age resistance properties that make it highly demandable material for Automotive Sealing Strip. EPDM material market covers around 61 % of total market share in 2019. TPE and PVC material market also expected to show impressive growth in upcoming years.  


Competitive analysis is very important segment of the research study as it delivers key companies revenue, growth rate, strategies & recent developments. Automotive Sealing Strip manufacturers are facing very steady growth in market primarily due to deceased sell of automobiles since last quarter of 2017. Automobile industry struggle further deepen due to Covid 19 pandemic, some the major manufacturers are seen drop of around 82 % in sell from March 2020. Apart from the recent pandemic, increasing competition is also major challenge for established manufacturers. Manufacturers are using advance technology & innovation to come up with more quality Sealing Strips.  


Automotive Sealing Strip Market  Revenue Forecast 2022-2028

Application & Regional analysis

Application & Regional analysis

Automotive Sealing Strips are most integral part of almost all the vehicles. Passenger Car, Light commercial Vehicle (LCV), and Heavy Commercial Vehicles (HCV) are broad segments considered in the research study for application analysis. Passenger Car segment is largest and fastest growing segment with around 43 % of market share followed by HCV and LCV respectively. HCV segment has shown impressive growth rate since 2015 and expected to continue during forecasted period. Passenger car market is valued almost USD 1572.33 billion in 2019 and estimated to show steady CAGR of around 3 % between 2020 to 2027. Rising disposable income and hence buying power along with more inclination towards healthy lifestyle are primary drivers for growth of Automotive Sealing Strips Market.  


Automotive Sealing Strip Market is analysed for North America, Europe, Asia Pacific, Middle East, South America, and Africa & Rest of the World. Geographical analysis helps user to figure out most lucrative market to develop better business strategies. Asia Pacific is market leader with around with around 54 % of market share in 2019. Massive industrial expansion, around 62 % of global population and rising income are prime reasons for market growth. North America market is second largest followed by Europe. Middle East, South America & Africa market is rapidly growing due to increase in demand and establishment of new manufacturing plants.  


Research study has extensively worked on supply-demand analysis that has become important parameter in Automobile industry. Supplier analysis helps to understand supply- demand scenario that certainly helps designed better manufacturing process. Analytical tools used while developing research studies include Porter's 5 Forces model, PESTEL analysis, SWOT analysis, market sizing. Opportunities and threat analysis has gained significant importance in recent years primarily due to dynamic nature of Automobile industry.  


Automotive Sealing Strip Market  Analysis by Types & Growth 2022

Global Automotive Sealing Strip Market : Material Type

  • Ethylene Propylene Diene Monomer (EPDM)
  • Thermoplastic elastomers (TPE)
  • Polyvinyl chloride (PVC)
  • Others

Global Automotive Sealing Strip Market: Application

  • Passenger Car
  • Light commercial Vehicle (LCV)
  • Heavy Commercial Vehicles (HCV)

Global Automotive Sealing Strip Market : Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Automotive Sealing Strip Market :

  • AKKA Technologies Group (MBtech Group)
  • REHAU
  • Magna Internationa
  • PPAP Automotive Limited
  • ContiTech
  • Cooper Standard
  • Toyoda Gosei
  • Hutchinson
  • Nishikawa
  • Standard Profil
  • Henniges
  • Kinugawa

Geographical analysis of Global Automotive Sealing Strip Market :

  • North America
    • U.S.A
    • Canada
    • Mexico
    • Rest of NA
  • Europe
    • France
    • Germany
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Singapore
    • Rest of APAC
  • Latin America
  • Middle East
  • Africa
  • Rest of World

Automotive Sealing Strip Market Report delivers comprehensive analysis of following parameters :

  • Market Estimates & Forecast from 2022 to 2028

  • Market Intelligence to consolidate decisions

  • Market growth drivers, emerging and current market trends

  • Challenges and Opportunities overview

  • In-detailed segment & End user/application analysis

  • Top player Production insight, Revenue (Value), market share, recent developments & future outlook

  • Supply (Production), Consumption, Export-Import analysis

  • Covid 19 impact & sustainability strategies in a post-pandemic market


Frequently Asked Questions (FAQ)


Automotive Sealing Strip Market was valued at around USD 14165.37 million in 2021 & estimated to reach USD 19020.3315 by 2028.




Automotive Sealing Strip Market is likely to grow at compounded annual growth rate (CAGR) of 4.3% between 2022 to 2028.




segment dominated the global market in terms of revenue generation. region is likely to show the highest growth rate between 2021 to 2028.










Yes, the report includes COVID 19 impact on the market.



  Download Sample

Please fill below details:

    ×

    Select Licence Type

      Single User -          $2550


      Corporate User -   $3550


    Automotive Sealing Strip Market  Covid 19 Impact Analysis
    Why Profshare?

      High Data Accuracy

    Precise research methodology, numerous analysis models & up to date data resources to achive most accurate market values.


     Customization as Needed

    We can tailored the report as per your requirments & budget, Most of our clients prefer custom reports.


      Budget Friendly Solution

    We have quality market data for all types of budget & so now get best out of your market research budget.


      Quality Support

    Be assured of receving satisfactory analyst support to understand research report in-detail.