Market Overview:
The global automotive backlight moldings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial cars across the globe. In addition, the growing demand for luxury and premium cars is also contributing to the growth of this market. The global automotive backlight moldings market can be segmented on the basis of type, application, and region. On the basis of type, chromium-based backlight moldings are expected to dominate this market duringthe forecast period from 2018to 2030 owingto their superior properties such as corrosion resistance and high strength-to-weight ratio as compared to other types of materials used for manufacturing backlight moldings such as plastic and other materials.
Product Definition:
An automotive backlight molding is a thin strip of plastic or metal that is attached to the back of an automotive window. It helps to hold the window in place and provides a place for attachment points for other trim pieces.
Chromium:
Chromium (Cr) is a chemical element found in the earth's crust. It is a soft, silver-gray metal that can be alloyed with iron and copper. It has no stable isotopes; the only known radioisotope is Cr-As, which are used in medical applications as well as an important source of energy for solar cells.
Plastic:
Plastic is a durable, synthetic material that can be molded into various shapes and sizes. It has been used in the automotive industry for many years as an alternative to metals such as aluminum and steel; however, it was only recently introduced to the backlight moldings market. The primary reason for its slow introduction into this market was due to its high cost compared to traditional materials such as metal & glass.
Application Insights:
Passenger car application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of passenger cars in emerging economies, such as China, India and Brazil. In addition, demand for high-quality backlight molding products in premium class cars is expected to propel industry growth over the coming years.
Commercial vehicle application segment accounted for a share of more than 30% in 2017 owing to rising demand from construction industries across various regions including North America and Europe. In addition, growing emphasis on aesthetics by commercial vehicle owners is likely to fuel industry expansion over the coming years.
The Asia Pacific region has been witnessing significant industrial development with countries like China Japan Thailand Vietnam etc investing heavily on infrastructure projects including railway networks highways airports expressways etc.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region accounted for a share of more than 45% in 2017 owing to increasing production facilities of automotive vehicles in China, India, Japan, and South Korea. Moreover, rising disposable income coupled with growing consumer preference for passenger cars will drive the demand further. Europe is also anticipated to witness significant growth over the coming years on account of high demand from Germany and Italy regions as well as countries including France and Belgium. North America region accounted for a considerable market share due to presence of prominent players such as Continental AG; Autoliv Inc.; BMW Group; Daimler AG; Ford Motor Company; General Motors Company; Mazda Motor Corporation; Nissan Motor Corporation Ltd.; Toyota Industries Corp., etc.
Growth Factors:
- Increasing demand for luxury and premium cars
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive backlight moldings
- Growing popularity of LED headlights
- Stringent government regulations for vehicle safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Backlight Moldings Market Research Report
By Type
Chromium, Plastic, Other
By Application
Passenger Car, Commercial Car
By Companies
NTF India, Sino Mould, Motherson Group, The Platinum Tool Group, Fabrik Molded Plastics, Green Vitality Industry, Shenzhen Abery Mold & Plastic, Rohm GmbH, WESEM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Backlight Moldings Market Report Segments:
The global Automotive Backlight Moldings market is segmented on the basis of:
Types
Chromium, Plastic, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Car
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NTF India
- Sino Mould
- Motherson Group
- The Platinum Tool Group
- Fabrik Molded Plastics
- Green Vitality Industry
- Shenzhen Abery Mold & Plastic
- Rohm GmbH
- WESEM
Highlights of The Automotive Backlight Moldings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chromium
- Plastic
- Other
- By Application:
- Passenger Car
- Commercial Car
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Backlight Moldings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive backlight moldings are a type of trim that is used on the exterior of vehicles to add style and protection. They are made from a variety of materials, including plastic, metal, and glass. Automotive backlight moldings can be installed on the front or rear bumper, side skirts, or hood ornament.
Some of the major players in the automotive backlight moldings market are NTF India, Sino Mould, Motherson Group, The Platinum Tool Group, Fabrik Molded Plastics, Green Vitality Industry, Shenzhen Abery Mold & Plastic, Rohm GmbH, WESEM.
The automotive backlight moldings market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Backlight Moldings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Backlight Moldings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Backlight Moldings Market - Supply Chain
4.5. Global Automotive Backlight Moldings Market Forecast
4.5.1. Automotive Backlight Moldings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Backlight Moldings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Backlight Moldings Market Absolute $ Opportunity
5. Global Automotive Backlight Moldings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Backlight Moldings Market Size and Volume Forecast by Type
5.3.1. Chromium
5.3.2. Plastic
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Backlight Moldings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Backlight Moldings Market Size and Volume Forecast by Application
6.3.1. Passenger Car
6.3.2. Commercial Car
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Backlight Moldings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Backlight Moldings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Backlight Moldings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Backlight Moldings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Backlight Moldings Demand Share Forecast, 2019-2026
9. North America Automotive Backlight Moldings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Backlight Moldings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Backlight Moldings Market Size and Volume Forecast by Application
9.4.1. Passenger Car
9.4.2. Commercial Car
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Backlight Moldings Market Size and Volume Forecast by Type
9.7.1. Chromium
9.7.2. Plastic
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Backlight Moldings Demand Share Forecast, 2019-2026
10. Latin America Automotive Backlight Moldings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Backlight Moldings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Backlight Moldings Market Size and Volume Forecast by Application
10.4.1. Passenger Car
10.4.2. Commercial Car
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Backlight Moldings Market Size and Volume Forecast by Type
10.7.1. Chromium
10.7.2. Plastic
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Backlight Moldings Demand Share Forecast, 2019-2026
11. Europe Automotive Backlight Moldings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Backlight Moldings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Backlight Moldings Market Size and Volume Forecast by Application
11.4.1. Passenger Car
11.4.2. Commercial Car
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Backlight Moldings Market Size and Volume Forecast by Type
11.7.1. Chromium
11.7.2. Plastic
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-YGrowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Backlight Moldings Demand Share, 2019-2026
12. Asia Pacific Automotive Backlight Moldings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Backlight Moldings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Backlight Moldings Market Size and Volume Forecast by Application
12.4.1. Passenger Car
12.4.2. Commercial Car
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Backlight Moldings Market Size and Volume Forecast by Type
12.7.1. Chromium
12.7.2. Plastic
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Backlight Moldings Demand Share, 2019-2026
13. Middle East & Africa Automotive Backlight Moldings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Backlight Moldings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Backlight Moldings Market Size and Volume Forecast by Application
13.4.1. Passenger Car
13.4.2. Commercial Car
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Backlight Moldings Market Size and Volume Forecast by Type
13.7.1. Chromium
13.7.2. Plastic
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Backlight Moldings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Backlight Moldings Market: Market Share Analysis
14.2. Automotive Backlight Moldings Distributors and Customers
14.3. Automotive Backlight Moldings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NTF India
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sino Mould
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Motherson Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. The Platinum Tool Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fabrik Molded Plastics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Green Vitality Industry
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shenzhen Abery Mold & Plastic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rohm GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. WESEM
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
