Automotive Bumpers Market Report by Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2017 – 2022 | Global Automotive Plastic Bumper Market Research by 2022

Dublin 2, Ireland, 2018-Jul-12 — In the view of changing norms on production of automobiles, automotive plastic bumpers are expected to remain a pivotal part in the automating businesses. Their lightweight, rigid and ductile properties will continue to help automakers achieve innovative exterior looks for their offerings. In addition to this, the importance of automotive plastic bumpers in safety of vehicle occupants as well as pedestrians is expected to boost its sales. In 2017, more than US$ 10 Bn worth of automotive plastic bumpers are expected to be sold across the globe. FactMR’s recent study projects that the demand for automotive plastic bumpers, however, will witness moderate growth owing to laws that curb the use of plastic in automobile manufacturing.

The global market for automotive plastic bumpers is likely to witness favorable boost due to rising replacement of metal bumpers with alternatives. In production of automobiles, automotive plastic bumpers are essential for their role in uplifting the vehicle safety measures. However, laws restraining the use of plastic in production of automotive parts is slated to be a key challenge for OEMs across the world. This report offers an unbiased analysis on the growth of Global Automotive Plastic Bumper Market during the forecast period, 2017-2022, offering actionable insights to market players for formulating informed strategies.

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Apart from making the cars look better, bumpers play an instrumental role in minimizing the impact of accidents. Car manufacturers prefer automotive bumpers made from plastic and polymer materials due to their light weight, rigidity and compatibility. While manufacturing plastic bumpers, OEMs are aiming at rendering more sturdiness through the use of composite or hybrid materials such as HDPE. While traditional metal bumpers are tougher than their plastic counterparts, vehicle owners are likely to incur high costs for repairing metal bumpers upon head-on or rear-end collisions. And, since the global automotive industry reaps billions of dollars through customization needs of car owners, automotive plastic bumpers are likely to remain in vogue in the future.

Made from plastic materials, automotive plastic bumpers are horizontal structures attached to the front-end and rear-end of vehicles. Automotive plastic bumpers can also be integrated to the main body of the car. Their function is to absorb impact of collisions, and minimize repair costs. Automotive plastic bumpers are also being installed to minimize the damage caused to pedestrians when they accidentally run into vehicles.

The Fact.MR report on the global automotive plastic bumper market projects that in 2017, more than US$ 10 Bn worth of automotive plastic bumpers will be sold in the world. The market is further expected to bring in nearly US$ 13 Bn revenues by the end of 2022, reflecting a moderate CAGR. Following highlights will offer more insights into the market’s dynamic growth across multiple segments.

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The report highlights the presence of OEMs in global automotive plastic bumper distribution network. Through 2022, OEMs are projected to remain the largest distributors of automotive plastic bumpers, accounting for around two-third value share. Aftermarket sales of automotive plastic bumpers are also expected to gain traction owing to rising customization needs of vehicle owners.

Automotive plastic bumpers priced below US$ 300 are expected to be prominent in the sales recorded by OEMs. The demand for low prices automotive plastic bumpers is likely to remain high on the grounds of rising efforts of automobile manufacturers towards cost-cutting. While luxury car manufacturers will opt for high-priced automotive plastic bumpers, a majority of the market will witness prominence of low-priced automotive plastic bumpers. Between 2017 and 2022, the low-priced automotive plastic bumpers segment is expected to witness a lucrative incremental opportunity of nearly US$ 1.5 Bn.

Competition Tracking

The report has tracked formative developments in the competitive landscape of the global automotive plastic bumpers market. A shift of OEMs towards low-cost bumper production is evident, particularly on the account of rising demand for low-priced plastic bumpers for customization purposes. Companies such as Toray Industries, Inc., Samvardhana Motherson Automotive Systems Group B.V., Faurecia SA, Benteler International AG, Futaba Industrial Co. Ltd., Compagnie Plastic Omnium SA, Montaplast GmbH, Flex-N-Gate Corporation, and Warn Industries, Inc. are observed to be the key players in the global automotive plastic bumper market.

Table of Contents

Chapter 1. Global Automotive Car Battery Charger Market - Executive Summary. 31

Chapter 2. Global Automotive Plastic Bumper Market Overview. 33

2.1. Introduction. 33

       2.1.1. Global Automotive Plastic Bumper Market Taxonomy. 33

       2.1.2. Global Automotive Plastic Bumper Market Definition. 33

2.2. Global Automotive Plastic Bumper Market Size (US$ Mn) and Forecast, 2012-2022. 34

       2.2.1. Global Automotive Plastic Bumper Market Y-o-Y Growth. 34

2.3. Global Automotive Plastic Bumper Market Dynamics. 34

       2.3.1. Drivers. 34

       2.3.2. Restraints. 34

       2.3.3. Trends. 35

2.4. Supply Chain. 35

2.5. Cost Structure. 36

2.6. Key Participants Market Presence (Intensity Map) By Region. 36

Chapter 3. Global Automotive Plastic Bumper Market Analysis and Forecast By Material Type. 37

3.1. Global Automotive Plastic Bumper Market Size and Forecast By Material Type, 2012-2022. 37

       3.1.1. Polypropylene (PP) Automotive Plastic Bumper Market Size and Forecast, 2012-2022. 37

                3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 37

                3.1.1.2. Market Share Comparison, By Region. 39

                3.1.1.3. Y-o-Y growth Comparison, By Region. 40

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