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Global Automotive Molding Market Insights, Forecast to 2028
The global Automotive Molding market size was worth US$ 19055.2 million in 2021 and is forecast to a readjusted size of US$ 22012.6 million by 2028 with a CAGR of 1.76% during the forecast period 2022-2028.
Body Molding accounting for 69.33% of the Automotive Molding global market in 2021, is projected to value US$ 15275.1 million by 2028, growing at a revised 1.76% CAGR from 2022 to 2028. While Passenger Cars segment is altered to a 1.82% CAGR throughout this forecast period.
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China Automotive Molding market size was US$ 5665.4 million in 2021, while the US and Europe Automotive Molding were US$ 2283.3 million and US$ 4308.0 million, severally. The proportion of the US was 11.98% in 2021, while China and Europe are 29.73% and 22.61% respectively, and it is predicted that China proportion will reach 31.08% in 2028, trailing a CAGR of 2.41% through the analysis period. Japan, South Korea, and India are noteworthy markets in Asia, with CAGR 1.13%, 2.19%, and 2.38% respectively for the next 6-year period. As for the Europe Automotive Molding landscape, Germany is projected to reach US$ 1213.4 million by 2028 trailing a CAGR of 1.70% over the forecast period.
Automotive Molding market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Automotive Molding market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
- Body Molding
- Door Molding
- Window Molding
- Others
Segment by Application
- Passenger Cars
- Commercial Vehicles
By Company
- Magna International (Canada)
- Aisin Seiki (Japan)
- Plastic Omnium (France)
- Toyoda Gosei (Japan)
- Flex-N-Gate (USA)
- CIE Automotive (Spain)
- Ningbo Huaxiang Electronic (China)
- Minth Group (China)
- TPR (Japan)
- Inoac (Japan)
- DURA Automotive Systems (USA)
- Hwaseung (Korea)
- SHIROKI (Japan)
- Nishikawa Rubber (Japan)
- FALTEC (Japan)
- Jiangnan Mould & Plastic Technology (China)
- Tata AutoComp Systems (India)
- Kinugawa Rubber Industrial (Japan)
Production by Region
- North America
- Europe
- China
- Japan
- South Korea
- India
Consumption by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Australia
- Taiwan
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- Turkey
- Saudi Arabia
- U.A.E
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