DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/z8bj7m/automotive_window) has announced the addition of the "Automotive Window and Exterior Sealing Systems Market by Type, Vehicle Type - Global Trends and Forecast to 2020" report to their offering.
Toyoda Gosei Co Ltd. (Japan), Magna international Inc. (Canada), Copper Standard Holdings Inc. (U.S.), Minth Group Ltd (China), and Rehau (Switzerland) are few of the leading market players in the automotive window and exterior sealing systems market.
The automotive window and exterior sealing systems market in terms of value is projected to grow at a CAGR of 7.08% from 2015 to 2020 during the forecast period. The market for window and exterior sealing systems in Asia-Oceania is estimated to grow at a CAGR of 7.44% from USD 20,817.6 Million in 2015 to USD 29,797.2 Million by 2020. Following the increasing demand for vehicles in Asia-Pacific, this region has the highest value contribution in the overall window and exterior sealing systems market. Europe is the second largest contributor to the overall window and exterior sealing systems market with an estimated USD 9,621.1 Million in 2015 and is projected to grow to USD 12,917.3 Million by 2020.
The market for glass run channels is in the growth stage, whereas those of exterior sealing and roof ditch molding have attained maturity. Previously, natural rubber was being used in glass run channels and exterior sealing. However, following lack of compatibility and strength, it has now been replaced by EPDM. Laser weld technology is an advanced technology in the field of roof ditch molding. Laser weld technology is more likely have a negative impact on the market, as it would reduce the demand for roof ditch molding in the future. However, it is estimated to have a minimal impact on the market, as the technology is patented by Volkswagen and other leading OEMs have to develop new technologies to compete with the same.
The global automotive window and exterior sealing systems market is projected to grow at a CAGR of 7.08% from 2015 to 2020 to reach USD 58,323.0 Million by 2020.
The major systems that have been considered in this report include glass run channel, roof ditch molding, and exterior sealing systems. The glass run channel segment is projected grow at a CAGR of 7.11% during the forecast period. The roof ditch molding segment is growing at a CAGR of 7.17% and the exterior sealing systems segment is growing at CAGR of 7.07% from 2015 to 2020.
- Cooper-Standard Holdings Inc.
- Dura Automotive Systems Llc
- Henniges Automotive Holdings Inc.
- Lauren Plastics Llc
- Magna International Inc.
- Minth Group Ltd.
- Ppap Automotive Limited
- Sumitomo Chemical Co., Ltd
- Toyoda Gosei Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/z8bj7m/automotive_window