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Growing Passenger & Commercial Vehicle Market Globally to Drive the Market for Automotive Window & Exterior Sealing Systems
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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 www.MarketsandMarkets.com
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. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=26941197
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. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=26941197
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 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. Request Sample @ https://www.marketsandmarkets.com/requestsample.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. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=26941197
Market Ecosystem: The ecosystem of the automotive window and exterior sealing systems industry consists of manufacturers such as Cooper Standard INC (USA), Hutchinson Automotive (France), Magna International (Canada), Sumitomo Chemical Co. Ltd (Japan), Toyoda Gosei Co., Ltd (Japan), Minth Group (China), and Henniges Automotive Holdings INC. (USA). Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=26941197
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