(2018 – 2023) Global Automotive Rubber-molded Components Market Growth, CAGR Status, Trends, Analysis and Forecast | 360 Market Updates

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Automotive Rubber-molded Components

Global Automotive Rubber-molded Components Market (2018 – 2023) research report is expected to register a CAGR of 6.3% over a five years forecast period. Additionally, Automotive Rubber-molded Components market report also examines the market by discussing market dynamics such as opportunities, threats, challenges, drivers, restrictions, and other trends of market. The growing adoption of multi-factor techniques is expected to aid the growth to Automotive Rubber-molded Components market, during the forecast period.

List of Key players operating in the Global Automotive Rubber-molded Components Market are –

  • AB SKF
  • ALP Group
  • Bohra Rubber Pvt. Ltd
  • Continental AG
  • Cooper-Standard Automotive
  • DANA Holding Corporation
  • Federal-Mogul Corporation
  • Freudenberg and Co. Kg
  • Hebei Shinda Seal Group
  • Hutchinson SA
  • NOK Corporation
  • Steele Rubber Products
  • Sumitomo Riko Co.
  • Ltd
  • Trelleborg AB

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The Global Automotive Rubber-molded Components Market is expected to grow at a CAGR of 6.3% during the forecast period 2018-2023. Innovation in the automobile and automobile components manufacturing industry is set to revolutionize the automobile rubber component industry around the world. The increase in the production of cars around the world has had a very positive impact on the sellers of the automotive rubber-molded components, which include Bohra Rubber Pvt. Ltd, Continental AG, Hutchison SA, DANA Holding Corporation, and Trelleborg AB. With the growing demand for fuel-efficient and less polluting vehicles, the market for lightweight automotive components of higher durability is on the rise, which is also dependent on the rubber components. Further, with chemical companies such as Chem-Trend coming up with better release agents and molding process aids, the market for automotive rubber molded parts is expected to touch around USD 46 billion by 2023. Technological advancements have been the primary push for this growth. Innovations such as Ford’s eco-friendly rubber parts using soy oil, and research labs trying to come up with better and durable rubber materials like EPDM, are expected to drive the market at a CAGR of 6.26% by 2023.

Growing automotive emission lead to pressure on automakers to produce fuel-efficient vehicles. Rigid standards set by regulatory authorities are expected to significantly drive the market for lightweight materials such as rubber molded components in the automotive sector. Rubber components, if used in place of conventional metal or plastic structures, are expected to impact the weight of the automobile to quite an extent. This growing automotive industry is expected to provoke the demand for rubber-molded components globally. However, on the downside, crunch in raw materials and swinging raw material prices are expected to act as friction factors for the market growth.

As of 2016-17, Ethylene Propylene Diene Monomers (EPDM) accounted for most of the market share by raw material type, with natural rubber following closely. However, growing innovations in durability and life of the EPDM-based compounds is expected to propel the market for EPDM in automotive applications over the coming five years. EPDM materials were proved fit for high-pressure conditions and boasted of impact resistance and stiffness. These technical advantages over other raw materials will encourage automakers to prefer EPDM-based molded components to synthetic or natural rubber.

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Key Answers Catch in Analysis are:

– Which geographical region would have more demand for Automotive Rubber-molded Components product/services?

– What are the business strategies accepted by leading players in the Automotive Rubber-molded Components region-wise market?

– Which country would see the precipitous rise in CAGR & annual Automotive Rubber-molded Components growth?

– What is the ongoing & estimated Automotive Rubber-molded Components market size in the upcoming years?

– What is the Automotive Rubber-molded Components market possibility for long-term investment?

– What type of opportunity would the country provide for current and Automotive Rubber-molded Components market new players?

– What are the risk and challenges involved in Automotive Rubber-molded Components suppliers?

– What are the factors which would propel the demand for the Automotive Rubber-molded Components product in coming years?

– What is the impact study of numerous factors in the growth of the Global Automotive Rubber-molded Components market?

– What are the latest trends in the regional Automotive Rubber-molded Components market and how prosperous they are?

Reasons to Purchase Automotive Rubber-molded Components Market Report:

  • The report analyses how stringent emission control norms will drive the global Automotive Rubber-molded Components market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Automotive Rubber-molded Components market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

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Automotive Rubber-molded Components Market Report TOC Includes:

  • Overview of Automotive Rubber-molded Components market, scope of report and include research phases
  • Automotive Rubber-molded Components market insight based on industry analysis and forecast analysis
  • Covers market drivers, restraints and opportunity faced by market
  • Market segmentation and analysis by product types and applications
  • Regional market analysis based on market size, growth rate and forecast year
  • Competitive analysis based on mergers and joint ventures
  • Share recent development and strategies of current Automotive Rubber-molded Components market

“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”

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