Status : Upcoming | Report Code : VRAT4011 | Industry : Automotive & Transportation | Available Format : |
The Automotive Window and Sealing System is an essential safety aid for the vehicle. It is of the rubber or plastic material that seals the edges of the vehicle's window, doors, windshields, trunk lid, etc. The growing passenger & commercial vehicle market and mounting demand for electric vehicles are the major factors driving the growth of the Global Automotive Window and Sealing Systems Market. Different components contributed to the automotive window and sealing systems market size. The market has witnessed high demand for door seals in the coming years due to general usage in all automotive vehicles both passenger vehicle or commercial vehicle that revolves out of industrial unit.
Market Segmentation
Insight by Vehicle Type
On the basis of vehicle type the automotive window and sealing systems market is subdivided into passenger car, heavy commercial vehicle (HCV), light commercial vehicle (LCV) and electric vehicles (EV). Of all vehicle type, passenger car segment accounted the largest share in the automotive window and sealing systems market, due to mounting requirement of personal cars and private cab’s. In addition, electric vehicles (EV) are expected to grow at fastest rate in the market due to mounting environment pollution and governments’ initiatives to boost the usage of near-zero-emission vehicles.
Insight by Component
On the basis of component the automotive window and sealing systems market is subdivided into glass run channel, front windshield seals, trunk seals, roof ditch molding, hood seals, waist belt seals, door seals, rear windshield seals and glass encapsulation. Of all the components, the door seals accounted the largest share in the market due to general usage in all automotive vehicle both passenger vehicle or commercial vehicle that revolves out of industrial unit. In addition, glass run channel is estimated to grow at fastest rate in the market due to its elevated usage by OEMs.
Insight by Material
On the basis of material the automotive window and sealing systems market is subdivided into thermoplastic elastomers (TPE), ethylene propylene diene monomer (EPDM), vulcanized thermoplastic (TPV) and others. Of all the materials, the ethylene propylene diene monomer (EPDM) accounted the largest share in the market due to elevated usage of EPDM in passenger cars and easiness of usage in weather-stripping applications.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. XX Billion |
Revenue Forecast in 2030 |
U.S.D. XX Billion |
Growth Rate |
XX% |
Segments Covered in the Report |
By Vehicle Type, By Component and By Material |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Industry Trends
Increasing usage of thermoplastics in automotive industry and growing inclination of OEMs towards lightweight sealants are the trends in the automotive window and sealing systems market.
Growth Drivers
Industry moving towards light weight sealants, growing passenger & commercial vehicle market, mounting requirement for transportation ignited by upsurge in urbanization, mounting demand for electric vehicles, mounting disposable income and mounting need for modified elastomers are the primary growth drivers for automotive window and sealing systems market. For instance, mounting population, and urbanization leads to increased demand for vehicles that effects in the mounting need for automotive window and sealing systems. Moreover, advanced disposable income, resulted in the augmented production of passenger cars and commercial vehicles.
Growing trend of using thermoplastic material in automotive industry, mounting need for automotive window system and mounting fuel economy of vehicles are also facilitating the growth for the automotive window and sealing systems market.
Challenges
Substitute to sealants such as laser technology, design and installation issues and environmental issues related to EPDM-related volatile organic compounds are the major challenges for the growth of automotive window and sealing systems market. For instance,
Industry Ecosystem
Globally industry players are leveraging market growth through launching new products. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.
Geographic Overview
Geographically, Asia-Pacific is the largest automotive window and sealing systems market and is observed to witness fastest growth in the market due to vehicle production market. Upsurge in automotive window and exterior sealing systems volumes, upsurge in disposable income, improvement in lifestyle and availability of low cost labor are also up surging growth of the Asia-Pacific automotive window and sealing systems market.
Competitive Insight
Key players in the automotive window and sealing systems market are catering the demand by collaborating with small players and investing on technologically advanced automotive window and sealing systems across the globe.
Cooper Standard Automotive Inc., headquartered in Novi, Michigan, is a leading global supplier of systems and components for the automotive industry. Products include rubber and plastic sealing, fuel and brake lines, fluid transfer hoses and anti-vibration systems.
The Toyoda Gosei Group is a leading global manufacturer of rubber and plastic automotive components, safety systems and LEDs. With a network of 67 group companies in 17 countries and regions, the Group brings its extensive range of products to customers all over the world.
Cooper-Standard Automotive Inc., Toyoda Gosei Co., Ltd., PPAP Automotive, Hutchinson Sealing Systems, Sumitomo Chemical Co., Ltd., Rehau Group, Minth Group Ltd., Magna International Inc., Minth Group Ltd., and Dura Automotive Systems are the key players offering automotive window and sealing systems.
Recent Developments by Key Players
Toyoda Gosei Co., Ltd. shall enhance the production capacity at its Group company in Brazil, GDBR in order to keep pace with the growing sales of airbags and other safety systems in South America.
Protolabs and Hutchinson collaborate to manufacture the first Italian electric supercar.
Automotive Window and Sealing Systems Market