Market Overview:
The global weather 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 weather strips from various applications, such as doorframes, windows, windshields, engine hoods, and others. In addition, the growing construction industry is also fueling the growth of the global weather strip market. The EPDM segment is expected to dominate the global weather strip market during the forecast period owing to its properties such as resistance against UV radiation and ozone degradation. The TPE or TPO segment is projected to grow at a high CAGR during the forecast period due its properties such as flexibility and durability.
Product Definition:
A weather strip is a thin, flexible piece of material used to seal the gaps between two surfaces, often doors and windows. Weather strips can be made from a variety of materials, including rubber, vinyl, or foam. They are often installed on the inside of door frames and around window frames to keep out drafts and pests.
EPDM:
Extruded Polyethylene Dichloride (EPDM) is a transparent, non-toxic, and flexible thermoplastic elastomer. It offers excellent resistance to weatherization and possesses properties such as high tensile strength, good elongation recovery, abrasion & solvent resistance along with excellent flexibility at low temperatures.
TPE or TPO:
TPE or TPO is a thermoplastic elastomer and it's also known as rubber-like polymer. It has similar properties like that of natural rubber but with less water content making it more flexible. TPE/TPO is used in weather stripping, gaskets, sealing compounds, and cable insulation owing to its high tear strength & low water absorption property.
Application Insights:
Doorframe was the dominant application segment and accounted for a revenue share of over 40.0% in 2017. The growing construction sector across the globe is expected to augment product demand in this application segment over the forecast period. Weather strips are used to seal air leaks around doorframes, which results in improved thermal insulation and energy efficiency of building structures.
The windows application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for window systems with enhanced safety features, such as tempered glass panels and weather stripping products that help prevent injuries caused by falls from windows or roof tops during harsh winters across various regions worldwide including Europe, North America, Asia Pacific and Middle East & Africa countries.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of key manufacturers such as Dow Corning, Chemtura Corporation and Shell Chemical. The region is expected to maintain its dominance over the forecast period due to increasing demand for weatherstripping from various end-use industries such as construction, automotive and transportation.
The Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising product demand from residential sector especially in developing countries including China, India and Japan. In addition, rising infrastructural activities are also likely boost product demand in this region which will subsequently drive regional market growth.
Growth Factors:
- Increasing demand for energy-efficient buildings: Weather strip helps in insulation and weatherproofing of doors and windows, which makes the building more energy efficient. This is one of the primary drivers for the growth of weather strip market.
- Rising construction activities: The global construction industry is expected to grow at a CAGR of 4% from 2016 to 2020, owing to increasing urbanization and infrastructure development across the world. This will create demand for weather strip products, thereby driving the market growth.
- Growing awareness about environment-friendly products: There is an increasing trend among consumers towards using environment-friendly products across all industries, including construction industry. Weather strip helps in reducing greenhouse gas emissions by making buildings more energy efficient; hence it is becoming popular among consumers worldwide, fuelling market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Weather Strip Market Research Report
By Type
EPDM, TPE or TPO, Others
By Application
Doorframe, Windows, Windshield, Engine Hood, Others
By Companies
Cooper Standard, Toyoda Gosei, Hutchinson, Henniges, Nishikawa Rubber, SaarGummi, Kinugawa Rubber, Magna, Hwaseung, Tokai Kogyo, Guihang, Jianxin Zhao’s, Xiantong, Haida, Hebei Longzhi, Qinghe Yongxin, 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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Weather Strip Market Report Segments:
The global Weather Strip market is segmented on the basis of:
Types
EPDM, TPE or TPO, Others
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:
- Cooper Standard
- Toyoda Gosei
- Hutchinson
- Henniges
- Nishikawa Rubber
- SaarGummi
- Kinugawa Rubber
- Magna
- Hwaseung
- Tokai Kogyo
- Guihang
- Jianxin Zhao’s
- Xiantong
- Haida
- Hebei Longzhi
- Qinghe Yongxin
- Hubei Zhengao
Highlights of The Weather 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:
- EPDM
- TPE or TPO
- Others
- 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 Weather 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
- 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?
Weather strip is a type of insulation that is installed on the exterior walls of a building to help keep the building warm in cold weather and cool in hot weather.
Some of the major companies in the weather strip market are Cooper Standard, Toyoda Gosei, Hutchinson, Henniges, Nishikawa Rubber, SaarGummi, Kinugawa Rubber, Magna, Hwaseung, Tokai Kogyo, Guihang, Jianxin Zhao’s, Xiantong, Haida, Hebei Longzhi, Qinghe Yongxin, Hubei Zhengao.
The weather 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 Weather 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 Weather Strip Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Weather 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 Weather 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 Weather Strip Market Size & Forecast, 2020-2028 4.5.1 Weather Strip Market Size and Y-o-Y Growth 4.5.2 Weather 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 EPDM
5.2.2 TPE or TPO
5.2.3 Others
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 Weather 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 Weather 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 EPDM
9.6.2 TPE or TPO
9.6.3 Others
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 EPDM
10.6.2 TPE or TPO
10.6.3 Others
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 EPDM
11.6.2 TPE or TPO
11.6.3 Others
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 EPDM
12.6.2 TPE or TPO
12.6.3 Others
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 EPDM
13.6.2 TPE or TPO
13.6.3 Others
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 Weather Strip Market: Competitive Dashboard
14.2 Global Weather Strip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cooper Standard
14.3.2 Toyoda Gosei
14.3.3 Hutchinson
14.3.4 Henniges
14.3.5 Nishikawa Rubber
14.3.6 SaarGummi
14.3.7 Kinugawa Rubber
14.3.8 Magna
14.3.9 Hwaseung
14.3.10 Tokai Kogyo
14.3.11 Guihang
14.3.12 Jianxin Zhao’s
14.3.13 Xiantong
14.3.14 Haida
14.3.15 Hebei Longzhi
14.3.16 Qinghe Yongxin
14.3.17 Hubei Zhengao