Press release
What’s driving the future growth of automotive decorative exterior trim market? Gauzy LTD, Dura Automotive Systems, CIE Automotive, Takata Corporation, Toyota Boshoku, Douglas Corporation, Magna International, 3M, SRG Global, American Nickeloid Company
Global 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. Continuous research activities in material and design is projected to minimize the cost considerably, encouraging customers to opt for the product, promoting the automotive decorative exterior trim market growth over the next eight years.Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2298
Around lamp segment is anticipated to cross USD 9 billion by 2024. It is majorly used around lamps to offer superior fit and improve aesthetics of the vehicle part thereby boosting the automotive decorative exterior trim market growth from 2017 to 2024. Increasing predilection for vehicle customization is one of the many factors supporting overall business demand till 2024.
Company profiled in automotive decorative exterior trim market based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Altuglas International
2. Autoneum Management AG
3. CIE Automotive SA.
4. Dura Automotive Systems
5. IAC Group
6. Magna International, Inc.
7. MVC
8. National Plastic Technologies Ltd.
9. SRG Global, Inc.
10. Takata Corporation
11. Tajco
12. TK Holdings, Inc.
13. Toyota Boshoku Corporation
14. TS Tech Co., Ltd.
15. 3M
16. Agape Plastics
17. Grand Traverse Plastics Corp.
18. Ningbo Huaxiang
19. Cascade Engineering
20. Douglas Corporation
21. DRS Industries
22. Flex N Gate
23. Lacks Enterprises, Inc.
24. Anchor Manufacturing Group
25. American Nickeloid Company
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Windows will exhibit over 4% CAGR from 2017 to 2024 owing to availability of exterior trims in various shapes. Benefits offered such as easy installation, superior fit, and smooth functioning will further propel the industry growth.
Automotive decorative exterior trim market size from PCVs will generate the demand of over 430 kilo tons over the forecast timeframe. This can be attributed to increasing passenger vehicle production across the globe. Enhancement of visual appeal due to installation of decorative exterior trims is the major factor attracting the customers, further propelling the demand till 2024.
Asia Pacific automotive decorative exterior trim market size will account for over USD 11 billion over the coming years. Substantial automobile production, especially in the emerging nations including China and India will significantly contribute to the revenue generation. Increasing disposable income along with rising demand for improved vehicle aesthetics across the region will further support the region’s dominance. Europe will exhibit over 3% CAGR till 2024 owing to high demand of premium luxury cars in the developed countries coupled with presence of well established players across the region.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/automotive-decorative-exterior-trim-market
CIE Automotive, Takata, MVC, Dura Automotive Systems, Altuglass International, and SRG Global are among the prominent industry player operating in the global automotive decorative exterior trim market. They focus on regular innovations in manufacturing processes, materials, and design, intensifying the industry rivalry. Business expansion is among the key strategies implemented by the manufacturers to enhance visibility among customers
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