The global automotive window and sealing systems market have witnessed high demand for door seals in the coming years due to general usage in all automotive vehicle both passenger vehicle or commercial vehicle that revolves out of the industrial unit.
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On the basis of vehicle type, the automotive window and sealing systems market are subdivided into passenger car, heavy commercial vehicle (HCV), light commercial vehicle (LCV) and electric vehicles (EV). Of all vehicle type, passenger car segment accounted for the largest share in the automotive window and sealing systems market, due to the mounting requirement of personal cars and private cab’s.
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.
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.
Geographically, Asia-Pacific is the largest automotive window and sealing systems market and is observed to witness the 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.
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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.
Source: VynZ Research