Global Auto Weatherstripping Market Overview:
Auto weatherstripping, also called weather seal, is the rubber material that seals the edge of a vehicle’s doors, windows, windshield, trunk lid, etc. It prevents the outside elements like rain, snow, sand and wind from entering a vehicle. A secondary goal of the weatherstripping is to keep interior air in, which helps to save energy on heating and air conditioning. There are massive varieties in the auto weatherstripping available.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
High Demand for Innovative Products
Market Growth Drivers:
Increased Demand for Vehicles Worldwide Leads into Demand for Auto Weatherstripping and Auto Watherstripping Helps To Improve Vehicle Safety and Security
Challenges:
Slowdown of the World Economy
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Automobile Industry Worldwide and Government Rules and Regulations about Vehicle Safety and Security
Competitive Landscape:
Some of the key players profiled in the report are Cooper Standard Automotive Inc. (United States), TOYODA GOSEI CO., LTD. (Japan), Hutchinson SA (United Kingdom), NISHIKAWA RUBBER CO., LTD (Japan), Canada Rubber Group Inc. (Canada), Henniges Automotive (United States), SaarGummi Group (Luxembourg), Tokai Kogyo Co., Ltd (Japan), Guizhou Guihang Automotive Components Co., Ltd. (China) and Hebei Qinghe Huifeng Seals Co. Ltd (China). Additionally, following companies can also be profiled that are part of our coverage like Jianxin Zhao's Group Corp. (China) and Ultrafab, Inc. (United States). Analyst at AMA Research see Japanes and Chinese Vendors to retain maximum share of Global Auto Weatherstripping market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Auto Weatherstripping market.
Latest Market Insights:
In April 2023, Toyoda Gosei Co., Ltd. obtained ISCC PLUS certification1, an international certification for sustainable products using recycled materials, which will help increase rubber recycling at the Morimachi plant (Shizuoka, Japan). To reduce waste and CO2 emissions, Toyoda Gosei has been pursuing internal recycling of waste from the production of rubber automotive parts. This is done with original technology to recycle waste rubber so that it can be used as a high-quality raw material.
What Can be Explored with the Auto Weatherstripping Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Auto Weatherstripping Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Auto Weatherstripping
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Auto Weatherstripping market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Auto Weatherstripping market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Auto Weatherstripping Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.