Global Automotive Decorative Exterior Trim Market 2018 Key Players are Altuglass International, CIE Automotive, MVC, Takata, Trinseo, Magna International, Dura Automotive systems, SRG Global

Market Overview:-

Automotive Decorative Exterior Trim Market volume share is predicted to reach over 500 kilo tons over the forecast period. Increasing automobile production across the world along with shifting customer preference towards enhancement of vehicle aesthetics is driving industry growth over the study period. Rising demand for premium vehicles such as Mercedes and BMW have resulted in increased production thereby boosting industry.

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In recent times, automobiles have emerged from a mode of transport to being a status symbol, on the grounds of which automotive decorative exterior trim market has been witnessing tremendous expansion on a global scale. Right from the color of the car to its bumper type, everything about the automobile not only creates a distinct impression about the vehicle but also determines its present and future value. With shifting consumer preferences, there has been a massive rise in the sales of luxury cars, which has emerged as one of pivotal driving forces of automotive decorative exterior trim industry size. Furthermore, the easy availability of products and rising awareness about the role that trimming plays in protecting a vehicle’s exterior have also emerged as key factors pushing automotive decorative exterior trim market.

Top Key Players:-     

The key players of global Automotive Decorative Exterior Trim Market are Altuglass International, CIE Automotive, MVC, Takata, Trinseo, Magna International, Dura Automotive systems, and SRG Global, Inc.

Regional Segmentations:-

Asia Pacific automotive decorative exterior trim industry is expected to cross USD 11 billion by 2024. Substantial vehicle production, particularly in developing nations such as India and China contribute in the regional growth. Rising disposable income coupled with increasing demand for enhanced vehicle aesthetics is significantly supporting regional dominance.

Europe will pose more than 3% CAGR over the study period owing to presence of well-established players and high demand from premium luxury vehicles in the developed countries.

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Major Points of Table Of Content:-

Chapter 1   Methodology & Scope

1.1    Methodology

1.1.1   Initial data exploration

1.1.2   Statistical model and forecast

1.1.3   Industry Insights and validation

1.1.4   Definitions, assumptions & forecast parameters

1.2    Data Sources

1.2.1   Secondary

1.2.2   Primary

Chapter 2   Executive Summary

2.1    Automotive decorative exterior trim industry 3600 synopsis, 2013 - 2024

2.1.1   Business trends

2.1.2   Application trends

2.1.3   Vehicle trends

2.1.4   Distribution channel trends

2.1.5   Regional trends

Chapter 3   Automotive Decorative Exterior Trim Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2013- 2024

3.3    Industry ecosystem analysis

3.3.1   Raw material suppliers

3.3.2   Manufacturers

3.3.3   Profit margin trends

3.3.4   Distribution channel analysis

3.3.4.1   B2B

3.3.4.2   B2C

3.3.4.3   Aftermarket

3.3.5   Vendor matrix

3.4    Pricing analysis

3.4.1   Regional Pricing

3.4.1.1   North America

3.4.1.2   EU

3.4.1.3   APAC

3.4.1.4   LATAM

3.4.1.5   MEA

3.4.2   Cost structure analysis

3.5    Technology landscape

3.5.1   PVC compounds

3.5.2   Automotive exterior trim adhesives

3.6    Regulatory landscape

3.6.1   SAE standard

3.6.2   North America

3.6.3   Europe

3.6.4   Asia Pacific

3.6.4.1   Japan

3.6.5   LATAM

3.6.5.1   Brazil

3.6.6   MEA

3.6.6.1   South Africa

3.7    Industry impact forces

3.7.1   Growth drivers by region

3.7.1.1   North America

3.7.1.1.1   Increasing automotive e-commerce influencing consumer buying

3.7.1.2   Europe

3.7.1.2.1   Presence of major premium car manufacturers and technical expertise of component suppliers

3.7.1.3   Asia Pacific

3.7.1.3.1   Increasing vehicle sales

3.7.1.3.2   Rapidly growing automotive aftermarket

3.7.1.4   LATAM

3.7.1.4.1   Recovering economies supporting automotive industry

3.7.1.5   MEA

3.7.1.5.1   Demand for high-end vehicles

3.7.2   Industry pitfall & challenges

3.7.2.1   Maintenance and replacement complexities associated with exterior trim

3.8    Innovation and sustainability

3.9    Key insights on technology trends

3.10    Global automotive production by region, 2013 – 2016

3.10.1   Production

3.10.2   PCV

3.10.2.1   North America

3.10.2.2   Europe

3.10.2.3   Asia Pacific

3.10.2.4   Latin America

3.10.2.5   MEA

3.10.3   LCV

3.10.3.1   North America

3.10.3.2   Europe

3.10.3.3   Asia Pacific

3.10.3.4   Latin America

3.10.3.5   MEA

3.10.4   HCV

3.10.4.1   North America

3.10.4.2   Europe

3.10.4.3   Asia Pacific

3.10.4.4   Latin America

3.10.4.5   MEA

3.11    Growth potential analysis

3.12    Porter’s analysis

3.13    Competitive landscape

3.13.1   Keystake holders

3.13.2   Brand analysis

3.13.3   Strategy dashboard

3.14    PESTEL analysis

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The rise in the demand for decorative exterior trim has provided a rather lucrative opportunity for automotive decorative exterior trim market players in terms of product differentiation and production. In this regard, it is prudent to mention that OEMS are expected to generate 70% of the automotive decorative exterior trim market revenue in the forecast period. Exterior trim designed and installed by OEMs offer insurance and warranty and are made of comparatively higher quality materials than the exterior trims available in the aftermarket. However, automotive decorative exterior trim industry size from aftermarket sales are also expected to surge over 2017-2024, driven by the cost-effective nature of these trims and their easy availability.

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