Growing Passenger & Commercial Vehicle Market Globally to Drive the Market for Automotive Window & Exterior Sealing Sys

1. Growing Passenger & Commercial Vehicle Market Globally to Drive the Market for Automotive Window & Exterior Sealing Systems 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 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” https://www.marketsandmarkets.com/Market-Reports/automotive-window-exterior-sealing-system-market- 26941197.html Early buyers will receive 10% customization on reports. 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 is estimated to account for the largest share in the global automotive window and exterior sealing systems market. The glass run channels has 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 of personal cars and private cab’s 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 U.S.A, where major car manufacturers are located. The automotive window and exterior sealing systems market has been segmented on the basis of vehicle type (passenger vehicle, light commercial vehicle, heavy commercial vehicle and electric vehicle), component type (glass run channels, roof ditch molding, door seals, front window shield, rear window shield, hood seals, trunk seals, waist belt seals and glass encapsulation) and region (Asia pacific, Europe, North America and ROW). In

2. terms of vehicle type, the Electric Vehicle (EV) sealing systems market is projected to grow at the highest CAGR during the forecast period, as these are future emerging market which will propel the overall growth of automotive window and exterior sealing systems market. However passenger vehicle sealing systems market is already matured market, which shows a decent compound annual growth rate during the forecast period. The automotive window and exterior sealing systems market, in terms of value, is projected to grow at a CAGR of 7.07% from 2016 to 2021. The market is estimated to be USD 18.26 Billion in 2016, and is projected to reach USD 25.69 Billion by 2021. This increase is triggered by various factors which covers various aspects, like need for transportation ignited by increase in urbanization which leads to demand for vehicle that results in increase in demand of sealing systems. The door seal segment of the automotive window and exterior sealing systems market is estimated to account for the largest market share, in terms of value, in 2016. The door seal segment leads the automotive window and exterior sealing systems market , due to its common usage in all automotive vehicle either passenger vehicle or commercial vehicle that rolls out of manufacturing unit. The second largest in the segment are waist belt seals with largest market share, in terms of value, in 2016. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=26941197 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. The Asia-Pacific region is estimated to dominate the automotive window and exterior sealing systems market, in terms of value, in 2016, as it comprises some of the fastest developing economies in the world, including China, India, and South Korea. This has led to an increase in automotive window and exterior sealing systems volumes in recent years, with OEMs catering not only to the domestic demand but to overseas demand as well. Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=26941197 About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

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