Automotive Windows and Exterior Sealing Market is projected to reach a valuation of ~US$ 26 Bn by 2027 KSU | The Sentinel Newspaper – KSU | The…

Transparency Market Research has published a new report on the globalautomotive windows and exterior sealing marketfor the forecast period of20192027.According to the report, the global automotive windows and exterior sealing market is projected to reach a valuation of ~US$ 26 Bnby2027,expanding at a CAGR of ~4%during the forecast period.

Global Automotive Windows and Exterior Sealing Market: Key Insights

Expansion of Global Automotive Windows and Exterior Sealing Market

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Based on component, the global automotive windows and exterior sealing market has been classified into glass run channel, roof ditch molding, front windshield, rear windshield, hood, trunk, door, inner & outer belt, and others. The glass run channel segment held a significant share of the global automotive windows and exterior sealing market. The door segment accounted for the second-largest share of the market, owing to the extensive usage of door sealing in vehicles. Increasing penetration of sunroof systems in the automotive industry is projected to propel the roof ditch molding segment significantly in the automotive windows and exterior sealing market during the forecast period.

Regional Analysis of Global Automotive Windows and Exterior Sealing Market

In terms of region, the global automotive windows and exterior sealing market has been divided into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific held a prominent share of the market in2018. The region accounted for nearly half the global automotive windows and exterior sealing market, due to the higher production of vehicles in China and Japan. Furthermore, the adoption and production of electric vehicles in China is higher as compared to that in other countries, owing to government incentives and norms, which, in turn, is likely to further boost the automotive windows and exterior sealing market in the region.

Prominent players operating in the global automotive windows and exterior sealing market includeCooper-Standard Holdings, Inc., Henniges Automotive Holdings Inc., Hutchinson SA, Lauren International Ltd., Magna International Inc., Minth Group Ltd., PPAP Automotive Ltd., Rehau Automotive S.R.O., Saar Gummi Czech S.R.O., Standard Profil AS, and Toyoda Gosei Co., Ltd.

Read More Press Release by TMR:https://www.prnewswire.com/news-releases/growth-of-the-vehicle-occupancy-detection-system-market-to-be-driven-by-high-demand-for-efficient-handling-of-road-traffic-congestion-tmr-301213890.html

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Automotive Windows and Exterior Sealing Market is projected to reach a valuation of ~US$ 26 Bn by 2027 KSU | The Sentinel Newspaper - KSU | The...