Global Automotive Rubber-molded Components Market Growth 2024-2030
Product Code:892031
Published Date: Jan 02,2024
Pages: 117
Region: Global
Category: Automobile & Transportation
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According to our LPI (LP Information) latest study, the global Automotive Rubber-molded Components market size was valued at US$ 12130 million in 2023. With growing demand in downstream market, the Automotive Rubber-molded Components is forecast to a readjusted size of US$ 15460 million by 2030 with a CAGR of 3.5% during review period.
The research report highlights the growth potential of the global Automotive Rubber-molded Components market. Automotive Rubber-molded Components are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automotive Rubber-molded Components. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automotive Rubber-molded Components market.
Rubber molded components is a rubber product used in the automotive industry. In the manufacturing process, rubber molded components need to use the mold.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Key Features:
The report on Automotive Rubber-molded Components market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automotive Rubber-molded Components market. It may include historical data, market segmentation by Type (e.g., Seals, Gaskets), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automotive Rubber-molded Components market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automotive Rubber-molded Components market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automotive Rubber-molded Components industry. This include advancements in Automotive Rubber-molded Components technology, Automotive Rubber-molded Components new entrants, Automotive Rubber-molded Components new investment, and other innovations that are shaping the future of Automotive Rubber-molded Components.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automotive Rubber-molded Components market. It includes factors influencing customer ' purchasing decisions, preferences for Automotive Rubber-molded Components product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automotive Rubber-molded Components market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automotive Rubber-molded Components market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automotive Rubber-molded Components market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automotive Rubber-molded Components industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automotive Rubber-molded Components market.
Market Segmentation:
Automotive Rubber-molded Components market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Seals
Gaskets
Weather-Strips
Hoses
Others
Segmentation by application
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SKF
Continental
Bohra Rubber
Sumitomo Riko
Cooper-Standard Automotive
Tenneco(Federal-Mogul)
Freudenberg Group
Trelleborg AB
Hutchinson
Dana Incorporated
NOK Corporation
Hebei Shinda Seal Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Rubber-molded Components market?
What factors are driving Automotive Rubber-molded Components market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Rubber-molded Components market opportunities vary by end market size?
How does Automotive Rubber-molded Components break out type, application?RELATED REPORTS
- 01
Jan
2024
According to our LPI (LP Information) latest study, the global Automotive Rubber Molded Components market size was valued at US$ 12130 million in 2023. With growing demand in downstream market, the Automotive Rubber Molded Components is forecast to a readjusted size of US$ 15460 million by 2030 with a CAGR of 3.5% during review period.
$3660.00
- 04
Jun
2021
According to this latest study, the 2021 growth of Automotive Rubber Molded Components will have significant change from previous year. By the most conservative estimates of global Automotive Rubber Molded Components market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 12090 million in 2020. Over the next five years the Automotive Rubber Molded Components market will register a 0.3% CAGR in terms of revenue, the global market size will reach US$ 12240 million by 2026.
$3660.00
- 17
Feb
2021
According to this latest study, the 2021 growth of Automotive Rubber-molded Components will have significant change from previous year. By the most conservative estimates of global Automotive Rubber-molded Components market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 117060 million in 2020. Over the next five years the Automotive Rubber-molded Components market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 129370 million by 2026.
$3660.00
- 07
Aug
2020
According to this study, over the next five years the Automotive Rubber Molded Components market will register a 0.3%% CAGR in terms of revenue, the global market size will reach $ 121790 million by 2025, from $ 120290 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Rubber Molded Components business, shared in Chapter 3.
$3660.00