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Automotive Rear Spoiler Market: Mid-Sized Passenger Cars to Account for Maximum Usage of Rear Spoiler || Key Players: POLYTEC Holding AG, SMP Deutschland GmbH, Albar Industries Inc., Rehau Limited, and SRG Global.

02-19-2019 12:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Automotive Rear Spoiler Market: Mid-Sized Passenger Cars

According to the report by Fact.MR, the global automotive rear spoiler market is expected to witness robust growth. The market is estimated to register 6.9% CAGR during 2017-2022. Generating down force on the body of the car, rear spoiler decreases the amount of air going under the vehicle thereby reducing lift and drag coefficient. Manufacturers are using various materials to develop spoiler. They have started using silicon polymers, as it provides longer product life. However, spoiler manufacturers are also looking for new lightweight material that can be used to develop automotive spoiler.

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The spoiler is mostly used in sports or high-performance cars, however, they have become common in passenger vehicles. Not only for styling purpose, spoilers are used for reducing drag, thereby offering better performance. Both front and rear spoilers serve their purpose, front spoilers direct the airflow away, whereas rear spoilers minimize turbulence at the rear of the car.  Automotive rear spoiler manufacturers are using various lightweight materials in order to develop the spoiler. Most of the manufacturers have starter using silicon and carbon materials as silicon as a material consist high thermal characteristics and offer longer life to the product.

Meanwhile, carbon is lightweight and durable, however, is expensive compared to other materials. Regulations on emissions in various countries are also encouraging the use of carbon fiber as a material for the spoiler but due to the cost parameter it is limited to the luxury cars. Owing to the innovative technologies, manufacturers are focusing on developing active aerodynamics that works and operates when the air blows inside the wings allowing the rapid movement.

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https://www.factmr.com/report/295/automotive-rear-spoiler-market

The Fact.MR report on the global automotive rear spoiler market offers in-depth and segment-wise analysis and forecast. The global market for automotive rear spoiler is segmented on the basis of material type, sales channel, vehicle type, technology type, and region. This segmentation also provides country-wise analysis on all the major parameters of the automotive rear spoiler market.

Mid-Sized Passenger Cars to Account for Maximum Usage of Rear Spoiler

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.

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.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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