Press release
New Study on Automotive Exterior Trim Market Analysis Report by Revenue analysis, CAGR value and Leading Players- Magna, Cooper Standard, Plastic Omnium, Toyoda Gosei| foreseen till 2022
Automotive Exterior Trim Market
With the slowdown in world economic growth, the Automotive Exterior Trim industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Automotive Exterior Trim market size to maintain the average annual growth rate of 1.85% from 265 billion $ in 2014 to 280 billion $ in 2017, market analysts believe that in the next few years, Automotive Exterior Trim market size will be further expanded, we expect that by 2022, The market size of the Automotive Exterior Trim will reach 320 Billion $.
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Exterior parts of the vehicle called Exterior trims, that are made of different conventional materials such as plastic, fiber, metal, and other materials. Exterior trims for automotive are a primary and integral part of the vehicle, as they protect the vehicle from unwanted damage caused due to surrounding vehicle. Exterior trims for automotive refer to the components that are summed to the exterior of an automobile to increase its esthetic appeal.
Exterior trims for automotive include the bumper, hood, light assembly, wheel flares, and headlight covers. Most modern vehicles are incorporated with a high number of exterior trims in order to embellish the appearance of vehicles.
Key factor that is expected to drive the exterior trim for automotive market during the forecast period is; the Exterior Trim’s extensive usage in vehicles, in order protects the vehicles from dents and any other damage. Numerous innovations and developments and shifting consumer preference are propelling application of plastic and fiber in exterior trim for automotive owing to its cost effectiveness than metals. Plastics and fiber are lightweight components that reduce the weight of the vehicle, thereby improving vehicle efficiency. This is expected to provide significant growth opportunities for the exterior trim for automotive market.
Key Players:
1 Magna
2 Cooper Standard
3 Plastic Omnium
4 Toyoda Gosei
5 MINTH Group
6 YFPO
7 Hutchinson and more....
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With the changing market, the majority of participants focus on implementing strategies that will help to accommodate a global perspective of their operations, especially in emerging markets. Thus, in order to gain competitive advantage, vehicle manufacturers in these regions are looking for suppliers located near to the production sites.
Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Product Types:
1 Plastic Trim
2 Metal Trim
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Table of Content:
1 Automotive Exterior Trim Product Definition
2 Global Automotive Exterior Trim Manufacturer Share and Market Overview
3 Manufacturer Automotive Exterior Trim Business Introduction
4 Global Automotive Exterior Trim Market Segmentation (Region Level)
5 Global Automotive Exterior Trim Market Segmentation (Product Type Level)
6 Global Automotive Exterior Trim Market Segmentation (Industry Level)
7 Global Automotive Exterior Trim Market Segmentation (Channel Level)
8 Automotive Exterior Trim Market Forecast 2018-2022
9 Automotive Exterior Trim Segmentation Product Type
10 Automotive Exterior Trim Segmentation Industry
11 Automotive Exterior Trim Cost of Production Analysis
12 Conclusion
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