Automotive Window and Exterior Sealing Systems Market Worth 25.69 Billion USD by 2021

Northbrook, IL — 01/15/2018 — The report “Automotive Window and Exterior Sealing Systems Market by Component Type (Glass Run Channels, Roof Ditch Molding, Exterior Seals (Front Windshield, Hood Seals, Trunk Seals)), Vehicle (PC, LCV, HCV, and EV), and Region – Global forecast to 2021”

The global automotive window and exterior sealing systems market is estimated to be USD 18.26 Billion in 2016 and is projected to grow at a CAGR of 7.07% from 2016 to 2021, to reach USD 25.69 Billion by 2021. The growth of this market is fueled by technological developments and increased vehicle manufacturing in the emerging economies due to urbanization.

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Browse 75 market data tables and 42 figures spread through 128 pages and in-depth TOC on “Automotive Window and Exterior Sealing Systems Market by Component Type (Glass Run Channels, Roof Ditch Molding, Exterior Seals (Front Windshield, Hood Seals, Trunk Seals)), Vehicle (PC, LCV, HCV and EV), and Region – Global forecast to 2021”

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Glass Run Channel type sealing systems to hold the largest share in the automotive window and exterior sealing systems market, by component type

The glass run channel type sealing systems are estimated to account for the largest share in the global automotive window and exterior sealing systems market. The glass run channels have a primary advantage, because this type seal is used in all passenger and commercial vehicle (CV), not unlike other seals which are used in passenger cars (PC) more but not in commercial vehicles. For example – roof ditch seals which are not used in CV, but used in PC.

Passenger Cars: A promising market due to the increase in high global production

Passenger cars are expected to constitute the largest share, in term of value, in the global automotive window and exterior sealing systems market. This can be attributed to the growing need for personal cars and private cabs in the emerging economies. It has triggered the demand for sealing systems, from passenger car manufacturer side. The demand is expected to increase in developing and developed countries such as China, Japan, Germany, and the U.S.A, where major car manufacturers are located.

Asia-Pacific: Largest market for automotive window and exterior sealing systems

Asia-Pacific is estimated to account for the largest share, in terms of value, of the global automotive window and exterior sealing systems market in 2016. The region comprises some of the fastest developing economies in the world, including China, India, and Korea. This has led to an increase in vehicle production volumes over the years, with OEMs catering not only to the domestic demand but to overseas demand as well.

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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