Los Angeles, CA -- (SBWire) -- 02/16/2019 --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 this report, 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.
The global Automobile Weather Strip market is valued at 10100 million US$ in 2018 is expected to reach 13200 million US$ by the end of 2025, growing at a CAGR of 3.4% during 2019-2025.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Cooper Standard
Toyoda Gosei
Hutchinson
Henniges
Nishikawa
SaarGummi
Hwaseung
Kinugawa
Magna
Tokai Kogyo
Guizhou Guihang
Segment by Type
EPDM Strip
TPE/TPO/TPV Strip
Other Strip
Segment by Application
Passenger Vehicle
Commercial Vehicle
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global market
Chapter 2: Evaluating the leading manufacturers of the global market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting global market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
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Automobile Weather Strip Market Booms, Resulting in Growth of the Market 2019-2025 Worldwide
This report studies the Global Automobile Weather Strip Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.