Press release
Global Urgent Care Centers Market In-depth Forecast Study Highlights Growth in CAGR of 6.9% and Revenue (US$ 3,426.2 million) till 2022
Automotive rear spoiler creates high pressure that pushes down on the rear of the care. Manufacturers have developed automated spoiler for the cars, the angle and position of the air can be changed in the automated rear spoiler by increasing height of the rear spoiler. On the other hand, automotive rear spoiler manufacturers are also focusing on offering rear spoiler made using carbon fiber as it is durable and lightweight. However, it is a very expensive material. This Fact.MR report highlighting the titled “Global Urgent Care Centers Market In-depth Forecast Study Highlights Growth in CAGR of 6.9% and Revenue (US$ 3,426.2 million) till 2022” and offering pragmatic insights to lead market players towards devising & implementing informed strategies.The scope of the report is to analyze the global automotive rear spoiler market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive rear spoiler manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
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The automotive rear spoiler is designed to disrupt the air movement by creating the vertical force that acts on the tire by causing traction on the road. The spoiler is a wing-like design attached to the car to create unfavorable air movement across the body of the car when it is in motion. The spoiler is made using lightweight materials such as fiberglass, ABS plastic, carbon, and silicon. However, manufacturers are also searching for new materials that are cost-effective.
Among all the materials used for manufacturing spoiler, the majority of the automotive manufacturers have started using silicon as it has a long life and its remarkable plasticity. Recently, manufacturers have also started using carbon as it is light in weight, but the high cost of this material still remains the biggest concern. However, fiberglass is still the highly preferred material among manufacturers due to the low cost of the production process. Automotive spoiler manufacturers are also focusing on innovative technologies such as aerodynamics and active-aerodynamics to offer better performance.
According to the latest report compiled by Fact.MR, the global market for automotive rear spoiler is likely to experience strong growth throughout the forecast period. The market is projected to reach US$ 3,426.2 million revenue by 2022 end. Increasing production of vehicles globally and rise in use of spoiler in SUVs, hatchbacks, and MUVs are driving the market for automotive rear spoiler market. Meanwhile, manufacturers are also using new materials for the development of spoiler for vehicles.
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Fiberglass is expected to be the highly preferred material for developing automotive rear spoiler. Towards 2022 end, fiberglass is projected to exceed US$ 900 million value. Although, carbon fiber is also expected to gain more than one-fourth of the share in terms of revenue by 2017 end.
High Sales through Aftermarket
Compared to OEM, aftermarket is expected to emerge as the biggest sales channel for automotive rear spoiler. Aftermarket sales channel is projected to gain more than three-fourth of the share in terms of revenue by 2017 end. Meanwhile, OEM sales channel is also expected to experience impressive growth. Mid-sized passenger cars are expected to experience healthy growth in the global market for automotive rear spoiler market. Between 2017 and 2022, mid-sized passenger cars are projected to create an incremental opportunity surpassing US$ 200 million.
Injection Molding to Gain Traction in the Automotive Rear Spoiler Market
Injection molding is expected to be one of the highly preferred technology in the automotive rear spoiler. Injection molding technology is projected to bring in nearly US$ 1,300 million revenue towards 2022 end. Meanwhile, blow molding will also experience strong growth during forecast period.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global automotive rear spoiler market through 2022, which include Plastic Omnium SA, Magna International, Inc., POLYTEC Holding AG, SMP Deutschland GmbH, Albar Industries Inc., Rehau Limited, and SRG Global.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
Table of Contents
Global Automotive Rear Spoiler Market - Executive Summary
Global Automotive Rear Spoiler Market Overview
2.1. Introduction
2.1.1. Global Automotive Rear Spoiler Market Taxonomy
2.1.2. Global Automotive Rear Spoiler Market Definition
2.2. Global Automotive Rear Spoiler Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Rear Spoiler Market Y-o-Y Growth
2.3. Global Automotive Rear Spoiler Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Global Automotive Rear Spoiler Market Analysis and Forecast By Material Type
3.1. Global Automotive Rear Spoiler Market Size and Forecast By Material Type, 2012-2022
3.1.1. ABS Plastic Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Carbon Fiber Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
Continue…..
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