The automotive weatherstrips market is anticipated to grow at a significant CAGR of 3.8% during the forecast period (2022-2028). Automotive weatherstrips are rubber seals that are used to protect the margins of an automobile’s windows, doors, windshield, and trunk. Dust, rain, and snow are kept out of the car through these automotive weatherstrips. Furthermore, automotive weatherstrips control air movement between the hood and the engine compartment, preventing damage to the vehicle’s interior components and accessories. The demand for passenger automobiles and commercial vehicles is predicted to increase as urbanization and the purchasing power of the middle-class population increase. This factor is predicted to propel the growth of the global automotive weatherstrips market.
The global automotive weatherstrips market is segmented based on material type and application. Based on the material type, the market is sub-segmented into EPDM rubber, PVC rubber, and TPE. Among these types, the PVC segment is expected to propel the growth of the market due to the increasing usage of PVC automotive weatherstrips in vehicles due to their durability and being less expensive. Based on the application, the market is sub-segmented into the doorframe, windows, roof rail, windshield, and trunk (front & rear).
The market players are also contributing significantly to the market’s growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in August 2020, Toyoda Gosei introduced a weatherstrip for Lexus LC 500 convertible. Toyoda Gosei is one of the leading manufacturers of weatherstrips, supplying high-quality goods to automakers all over the globe. The LC 500 Convertible’s weatherstrips are designed to meet its distinctive, complicated external form and promote an attractive aesthetic for the premier coupe’s convertible edition. Toyoda Gosei has 34 varieties of weatherstrips for use on the doors, baggage compartment, hood, and other areas. The roof side rail weatherstrips serve to seal the windows and the soft-top roof while also draining rainwater.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Material Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Henniges Automotive, Canada Rubber Group Inc., Ultrafab Inc., Meccom Industrial Products Co., Saargummi Automotive, Hutchison, Toyoda Gosei Co. Ltd., and Kinugawa Rubber Industrial Co. Ltd., among others.
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Global Automotive Weatherstrips Market Report by Segment
By Material Type
- EPDM Rubber
- PVC Rubber
- TPE
By Application
- Doorframe
- Windows
- Roof Rail
- Windshield
- Trunk (Front & Rear)
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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