Market Overview:
The global automotive sealing strip market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automobiles and rising awareness about vehicle safety. In terms of type, the TPE/TPO/TPV segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its properties such as high flexibility, good thermal stability, and resistance against oil and grease. In terms of application, the doorframe segment is estimated to account for a larger share of the global automotive sealing strip market in 2018.
Product Definition:
A sealing strip is a thin piece of material used to seal the gap between two surfaces. It is often made of rubber or silicone, and can be used in a variety of applications, including automotive, construction, and manufacturing. Sealing strips are important for preventing the escape of air or water from a sealed area, and can help reduce noise and vibration. They are also used to create a tight seal between two mating parts.
TPE/TPO/TPV:
Polyethylene Terephthalate, also known as TPO or Thermoplastic Polyolefins is a group of thermoplastics that are used in various end-use industries. The most common application of the product is in the manufacturing of automotive sealing strips. It has high resistance to chemicals and temperature which makes it suitable for use in heat resistant applications.
The product offers excellent mechanical strength, dimensional stability.
PVC:
Polyvinyl Chloride or PVC is a synthetic flexible plastic with excellent chemical and mechanical properties. It can be used in various industries including building & construction, automotive, electrical & electronics, and healthcare.
Application Insights:
Doorframe application dominated the global automotive sealing strips market, accounting for a revenue share of over 40.0% in 2017. The segment is projected to witness significant growth on account of increasing demand for energy-efficient vehicles and stringent government regulations regarding vehicle safety.
The engine hood application segment is expected to register the fastest CAGR over the forecast period owing to its crucial role in maintaining vehicle aesthetics as well as providing protection against extreme temperatures and exterior damage caused by flying shards from an impactful collision or road debris. In addition, sealing strips help enhance heat retention properties which results in increased engine performance during cold weather conditions.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The region’s growth can be attributed to increasing automotive production in countries, such as China and India. In addition, rising disposable income levels and changing consumer preferences are anticipated to fuel demand for passenger cars in this region.
The European market accounted for a significant share of revenue in 2017 owing to stringent regulations regarding road safety coupled with high product demand from Germany, France and Italy. These countries have some of the busiest roads on Earth that need constant maintenance; hence sealing products are used extensively there on account of their excellent performance under extreme climatic conditions along with superior resistance against moisture & dust penetration properties.
North America was valued at USD X million in 2017 owing to high vehicle production coupled with stringent norms regarding vehicular emissions across U.S.
Growth Factors:
- Increasing demand for lightweight vehicles: The automotive sealing strip market is expected to benefit from the increasing demand for lightweight vehicles. This is because the use of automotive sealing strips helps in reducing the weight of a vehicle, which in turn improves its fuel efficiency.
- Rising demand for eco-friendly vehicles: Another key growth driver for the automotive sealing strip market is the rising demand for eco-friendly or green vehicles. This is because automotive sealing strips help improve a vehicle’s fuel efficiency and reduce emissions, making them more environmentally friendly.
- Growing popularity of electric and hybrid cars: The popularity of electric and hybrid cars is also expected to drive growth in the automotive sealing strip market over the next few years. This is because these types of cars require less cooling than traditional petrol or diesel engines, which makes them ideal candidates for using automotive seals made from thermoplastic elastomers (TPEs).
- Increasing number of passenger car sales: A growing number of passenger car sales across developed and developing countries will also spur growth in the global automotive sealing strip market during 2018-2024 .This can be attributed to rising disposable incomes as well as an increase in urbanization rates aroundthe world . 5) Technological advancements: Finally, technological advancements are likely to play a major role in drivinggrowthin thismarketoverthenextfewyearsasmanufacturersintroducenewandimprovedsealingstripsthatofferbetterperformanceandefficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Sealing Strip Market Research Report
By Type
TPE/TPO/TPV, PVC, EPDM
By Application
Doorframe, Windows, Windshield, Engine Hood, Others
By Companies
Toyoda Gosei, Nishikawa, Cooper Standard, Kinugawa, Hwaseung, Avic Guizhou Guihang Automotive Components, Hutchinson, Henniges, Jianxin Zhao’s, Zhejiang Xiantong Rubber&Plastic, SaarGummi, PPAP Automotive Limited, Haida, Hubei Zhengao
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Sealing Strip Market Report Segments:
The global Automotive Sealing Strip market is segmented on the basis of:
Types
TPE/TPO/TPV, PVC, EPDM
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
Doorframe, Windows, Windshield, Engine Hood, Others
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:
- Toyoda Gosei
- Nishikawa
- Cooper Standard
- Kinugawa
- Hwaseung
- Avic Guizhou Guihang Automotive Components
- Hutchinson
- Henniges
- Jianxin Zhao’s
- Zhejiang Xiantong Rubber&Plastic
- SaarGummi
- PPAP Automotive Limited
- Haida
- Hubei Zhengao
Highlights of The Automotive Sealing Strip 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:
- TPE/TPO/TPV
- PVC
- EPDM
- By Application:
- Doorframe
- Windows
- Windshield
- Engine Hood
- Others
- 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 Sealing Strip 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
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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 sealing strip is a type of adhesive tape that is used to seal seams and joints in automotive parts. It is made from a variety of materials, including polyurethane and silicone, and it can be applied using a variety of tools. Automotive sealing strip can be used to seal gaps between parts or around bolts or screws, and it can also be used as an adhesive for mounting parts together.
Some of the key players operating in the automotive sealing strip market are Toyoda Gosei, Nishikawa, Cooper Standard, Kinugawa, Hwaseung, Avic Guizhou Guihang Automotive Components, Hutchinson, Henniges, Jianxin Zhao’s, Zhejiang Xiantong Rubber&Plastic, SaarGummi, PPAP Automotive Limited, Haida, Hubei Zhengao.
The automotive sealing strip market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Sealing Strip Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Sealing Strip Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Sealing Strip Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Sealing Strip Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Sealing Strip Market Size & Forecast, 2020-2028
4.5.1 Automotive Sealing Strip Market Size and Y-o-Y Growth
4.5.2 Automotive Sealing Strip Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 TPE/TPO/TPV
5.2.2 PVC
5.2.3 EPDM
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Doorframe
6.2.2 Windows
6.2.3 Windshield
6.2.4 Engine Hood
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Sealing Strip Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Sealing Strip Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 TPE/TPO/TPV
9.6.2 PVC
9.6.3 EPDM
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Doorframe
9.10.2 Windows
9.10.3 Windshield
9.10.4 Engine Hood
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 TPE/TPO/TPV
10.6.2 PVC
10.6.3 EPDM
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Doorframe
10.10.2 Windows
10.10.3 Windshield
10.10.4 Engine Hood
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 TPE/TPO/TPV
11.6.2 PVC
11.6.3 EPDM
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Doorframe
11.10.2 Windows
11.10.3 Windshield
11.10.4 Engine Hood
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 TPE/TPO/TPV
12.6.2 PVC
12.6.3 EPDM
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Doorframe
12.10.2 Windows
12.10.3 Windshield
12.10.4 Engine Hood
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 TPE/TPO/TPV
13.6.2 PVC
13.6.3 EPDM
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Doorframe
13.10.2 Windows
13.10.3 Windshield
13.10.4 Engine Hood
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Sealing Strip Market: Competitive Dashboard
14.2 Global Automotive Sealing Strip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyoda Gosei
14.3.2 Nishikawa
14.3.3 Cooper Standard
14.3.4 Kinugawa
14.3.5 Hwaseung
14.3.6 Avic Guizhou Guihang Automotive Components
14.3.7 Hutchinson
14.3.8 Henniges
14.3.9 Jianxin Zhao’s
14.3.10 Zhejiang Xiantong Rubber&Plastic
14.3.11 SaarGummi
14.3.12 PPAP Automotive Limited
14.3.13 Haida
14.3.14 Hubei Zhengao
