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Pulished Date January, 2021
ID: 10798
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Automotive Window and Exterior Sealing Systems Market Segmentation by Vehicle Type (Passenger Car, Light Duty Vehicles, Medium and Heavy-Duty Vehicles) By Component (Glass Run Channel Seals, Roof Ditch Molding Seals, Exterior Sealings) and Region - Industry Analysis, Share, Growth, and Forecast 2020-2025.

Pulished: January, 2021
ID: 10798
Pages: 175

Product Description:

Automatic window and exterior sealing systems are used to protect the interior of the vehicle from dirt, rainwater and outside noise. The sealing frames prevent degradation of the glass structure due to water and the appearance of wind noise. The use of window channel covers protects the interior of the vehicle from the entry of dirt and noise emissions.

The global automobile industry is undergoing a transition. For the production of cars that provide a higher level of comfort for passengers, innovation and manufacture of effective glass and sealants, which provide protection against rust and corrosion to the surface and protection of the vehicle for passengers traveling by car, they have assumed considerable importance.

Market Overview:

The global automotive window and exterior sealings systems market is expected to record a CAGR of more than 6% during the forecast period. The automotive industry is undergoing a transition based on rapid and continuous innovation. Original equipment manufacturers (OEMs) emphasize the use of technologies that make vehicles more efficient. The studied market is growing because it is one of the essential safety systems for the vehicle. These seals are primarily used to protect the interior of the vehicle from pollution, rainwater, and outside noise. The sealing frames prevent degradation of the glass structure due to water and the appearance of wind noise. The use of window channels covers the shelters, the interior of the vehicle against the entrance of dirt and the emission of noise.

Recent Developments:

  • Hutchinson built four new production halls with a total area of ​​21,000 m2 in Serbia. The project was divided into three phases.
  • Toyoda Gosei Automotive Sealing Mexico, a Mexican auxiliary of Toyoda Gosei Co. Ltd., plans to build its weatherstripping creation ability to roughly 1.5 occasions current level by 2020.

Drivers and Restraints of Automotive Window and Exterior Sealing Systems Market:

Drivers:

The boom in the market for automotive window and exterior waterproofing systems is due to several factors spanning different aspects. The developing requirement for transportation because of the growing populace and urbanization, prompting the interest in vehicles that converts into a developing need for car window and sealing frameworks. Expanded discretionary cashflow, monetary development, growth in modern action and business exercises are reflected in expanded creation of traveler vehicles and a wide scope of business vehicles. Economic situations around the world have been rejuvenated and manageable. Several finance companies provide financial assistance to customers who have significantly increased car sales. These factors are driving growth in the automotive industry, which in turn is expected to drive the market for automotive window and exterior sealing systems during the foreseen period. The use of conventional materials in the automotive sealant industry is being replaced by new materials such as vulcanized thermoplastics, thermoplastic elastomers, and thermoplastic olefins. These materials help increase quality and improve material properties, resulting in good wear life and better impact resistance.

Restraints:

The main challenge in the automotive industry is an energy efficiency improvisation. Original equipment manufacturers around the world are focused on reducing vehicle weight and improving overall engine efficiency by using lightweight components and changing the vehicle's body design.

Market Segmentation:

By Vehicle Type:

  • Passenger Car
  • Light Duty Vehicles
  • Medium and Heavy Duty Vehicles

By Component:

  • Glass Run Channel Seals
  • Roof Ditch Molding Seals
  • Exterior Sealing’s
    • Front Windshield Seal
    • Rear Windshield Seal
    • Hood Seals
    • Trunk Seals

According to the type of component, glass passage channels are the most used due to the low production cost. The plastic strengthened glass that is favored in the car business can be effectively mass delivered and the expense of creation drops dramatically as mass creation volume increments. The window fixing framework is compelling in disengaging the inside of the vehicle from the invasion of warmth and residue particles, hence going about as a warm and physical insulator giving water/air proof security of vehicle inside. However, the production cost of the stamps is quite high. Additionally, exact specification seals must be manufactured to meet specific automotive window and sash dimensional requirements so that they can be installed correctly. On the basis of the exterior gaskets, the hood gaskets are not a necessity and are therefore installed as an additional feature. Trunk and front windshield gaskets are the most commonly used in the car manufacturing process.

Automotive Window and Exterior Sealing Systems Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

The US market for the automotive window and exterior sealing systems represented approx. 6 billion dollars in the review period, which generates a third of its total turnover in the North American market. The European region experiences extremely cold temperatures for most of the year. Extreme weather conditions emphasize the importance of a properly functioning exterior and window sealing system, which is essential for passenger safety. Asia-Pacific is expected to have the largest market share of the studied market during the forecast period due to increasing automobile production. Additionally, the availability of low-cost labor and other necessary resources in Asia-Pacific is expected to boost the region's market. Japan has a large number of automakers, which are likely to generate demand for the studied market during the forecast period. Technological development in Western Europe and North America is estimated to create significant opportunities in the studied market, during the foreseen period. Latin America, the Middle East and Africa experience moderate growth in the automotive window and exterior sealing systems market. The Latin America and MEA regions are experiencing moderate growth in the automotive window and exterior waterproofing systems market.

Key Players of Market:

Some of the major players include Hutchinson Sealing Systems, Magna International Inc., Copper Standard Automotive Inc., Minth Group Ltd, and Rehau Group, among others.

IMPACT OF COVID-19 ON AUTOMOTIVE WINDOW AND EXTERIOR SEALING SYSTEMS MARKET:

Amid the COVID-19 crisis, the global automotive window and exterior waterproofing systems market, estimated at $ 21.7 billion in 2020, is expected to reach a revised size of $ 32.3 billion. 'for 2027, with a compound annual rate of 5.9% in the analysis period 2020-2027. Glass Run Channel Seals, one of the segments analyzed in the report, is expected to register a CAGR of 5.2% and reach US $ 2.8 billion at the end of the analysis period. Due to the economic crisis caused by the coronavirus pandemic, the growth of the door seals segment is further adjusted to a revised growth rate of 6.3% in the next few years.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Automotive Window and Exterior Sealing Systems Market, By Vehicle Type           

                    6.1.1 Passenger Car

                    6.1.2 Light Duty Vehicles  

                    6.1.3 Medium and Heavy-Duty Vehicles 

                    6.1.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.5 Y-o-Y Growth Rate Analysis         

                    6.1.6 Market Attractiveness Index         

          6.2 Automotive Window and Exterior Sealing Systems Market, By Component            

                    6.2.1 Glass Run Channel Seals    

                    6.2.2 Roof Ditch Molding Seals   

                    6.2.3 Exterior Sealings      

                    6.2.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.5 Y-o-Y Growth Rate Analysis         

                    6.2.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Vehicle Type        

                    7.2.3 By Component         

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Vehicle Type        

                    7.3.3 By Component         

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Vehicle Type        

                    7.4.3 By Component         

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Vehicle Type        

                    7.5.3 By Component         

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Vehicle Type        

                    7.6.3 By Component         

8. Key Player Analysis                           

          8.1 Hutchinson Sealing Systems            

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Magna International Inc                  

          8.3 Copper Standard Automotive Inc               

          8.4 Minth Group Ltd                   

          8.5 Rehau Group              

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Automotive Window and Exterior Sealing Systems Market By Region, From 2020-2025 ( USD Billion )
  2. Global Automotive Window and Exterior Sealing Systems Market By Vehicle Type, From 2020-2025 ( USD Billion )
  3. Global Passenger Car Market By Region, From 2020-2025 ( USD Billion )
  4. Global Light Duty Vehicles Market By Region, From 2020-2025 ( USD Billion )
  5. Global Medium and Heavy-Duty Vehicles Market By Region, From 2020-2025 ( USD Billion )
  6. Global Automotive Window and Exterior Sealing Systems Market By Component, From 2020-2025 ( USD Billion )
  7. Global Glass Run Channel Seals Market By Region, From 2020-2025 ( USD Billion )
  8. Global Roof Ditch Molding Seals Market By Region, From 2020-2025 ( USD Billion )
  9. Global Exterior Sealings Market By Region, From 2020-2025 ( USD Billion )

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