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Global Automotive Exterior Trim market will reach 24400 million US$ by the end of 2025
Publisher: QYResearch
Published Date: 2018/12/12
Car trim refers to the items that can be added to the exterior, and interior, of an automobile to increase its appeal. There are several types of car trim. Some are used to protect the car from unwanted damage that can be caused by surrounding vehicles in a parking lot, while others are simply for aesthetics.
This report focus on automotive exterior trims which mainly includes: plastic bumpers, trim parts, roof rack, front grill trims system, wheel trim, Automotive Emblems and Others
Asia region, especially China is estimated to account for the largest share, in terms of production, of the global automotive exterior trim market in 2017. The region comprises some of the fastest developing economies in the world, including China, India, Japan and Korea. This has led to an increase in vehicle production volumes over the years, with OEMs catering not only to the domestic demand but to overseas demand as well.
Passenger cars are expected to constitute the largest share in the global automotive exterior trim market. This can be attributed to the growing need of personal cars and private cab’s in the emerging economies. It has triggered the demand for sealing systems, from passenger car manufacturer side. The demand is expected to increase in developing and developed countries such as China, Japan, Germany and U.S.A, where major car manufacturers are located.
The global Automotive Exterior Trim market is valued at 19600 million US$ in 2017 and will reach 24400 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2018-2025.
This article was first released by QYResearch, if reproduced, please indicate the source.
- Posted on: 2018-12-11 23:41:39
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- Item ID: 15001609