openPR Logo
Press release

Automotive Plastic Bumper Market is projected to increase at a significant CAGR of 4.1% in terms of value during the forecast period, 2017-2022 - States Fact.MR

04-29-2021 07:27 PM CET | Tourism, Cars, Traffic

Press release from: Fact.MR

Growth of automotive plastic bumper market continues to remain influenced with increasing vehicle production and sales in developed and emerging economies across the globe.

Adoption of new technologies in the automotive sector has triggered innovations in automotive plastic bumper, which is likely to influence their sales in the years to follow.

To get in-depth information view the report - https://www.factmr.com/report/1/automotive-plastic-bumper-market

Moreover, government regulations on plastic recycling on back of reducing environmental damage, is expected to offer high growth potential for manufacturers of automotive plastic bumper in the forthcoming years.

Fact.MR foresees that the demand for automotive plastic bumper is projected to increase at a significant CAGR of 4.1% in terms of value during the forecast period, 2017-2022.

Sales of automotive plastic bumper are estimated to surpass US$ 12,500 Mn by end of the assessment year, says the report.

Automotive aftermarket is expected to gain significant traction in the coming years as individuals are inclined toward customization.

To Know the COVID-19 Impact on Europe Region, Request for Sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=1

Against this backdrop, the demand for automotive plastic bumper via aftermarket distribution channel is projected to expand at a relatively high rate during the period of forecast, says the report.

However, sales of automotive plastic bumper through original equipment manufacturers (OEMs) are estimated to outclass those from the aftermarket.

The OEM market share in the automotive plastic bumper space was more than 55 percent and is expected to remain the most attractive channel for sales of automotive plastic bumper throughout the assessment period.

Polypropylene is considered as the most suitable material used in the manufacturing of automotive plastic bumper, says Fact.MR.

Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=1

The sales of automotive plastic bumper with polypropylene material are estimated to increase at a significant pace.

Comparatively affordable procurement, optimum rigidity and durability and customization compliance features have triggered use of polypropylene by OEMs in automotive plastic bumper production.

Moreover, higher stiffness and toughness coupled with superior impact strength of polycarbonate material has spurred it use in automotive plastic bumper.

The demand for polycarbonate is projected to expand at a relatively higher pace and the material is gaining significant traction owing to its effective weathering, optical, thermal and impact properties.

The sales of automotive plastic bumper made from polycarbonate are poised to expand at a value CAGR of 4.3% during 2017-2022.

Speak To Research Analyst For Detailed Insights- https://www.factmr.com/connectus/sample?flag=AE&rep_id=1

Passenger cars are likely to provide significant opportunities for automotive plastic bumper manufacturers. Increasing production of passenger cars in emerging economies and high sales of passenger cars in developed regions.

OICA estimates that the production of passenger cars in emerging economies such as China and India are expected to increase in the coming years offering substantial growth opportunities for automotive plastic bumper manufacturers.

Also, commercial vehicles, particularly LCVs (light commercial vehicles) are likely to contribute to the growth of the automotive plastic bumper market during the assessment period, according to the report.

Buy Now for Exclusive Analyst Support – https://www.factmr.com/checkout/1/S

Demand for automotive plastic bumper priced below 300 USD is expected to increase at a higher rate during the period of forecast.

Sales of below 300 USD automotive plastic bumpers are estimated to increase on the back of rising focus of automotive manufacturers toward cost savings.

Sales of automotive plastic bumper between 300-500 USD and above 500 USD are expected to witness steady growth with slight increase in demand from manufacturers of luxury cars, says the report.

Countries in the Asia Pacific excluding Japan (APEJ) region are anticipated to reflect higher inclination toward use of automotive plastic bumper owing to increasing production and use of commercial and passenger vehicles.

Moreover, suitable business environment coupled with cheap land and labor has attracted vehicle manufacturers in the region, which is expected to further the production of vehicles.

Against this backdrop, manufacturers of automotive plastic bumper can expect an upswing in demand from APEJ for automotive plastic bumper during the assessment period.

Access Research Methodology Prepared By Experts- https://www.factmr.com/connectus/sample?flag=RM&rep_id=1

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website - https://www.factmr.com/
Content Source - https://www.factmr.com/media-release/571/global-automotive-plastic-bumper-market

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Plastic Bumper Market is projected to increase at a significant CAGR of 4.1% in terms of value during the forecast period, 2017-2022 - States Fact.MR here

News-ID: 2277737 • Views: 189

More Releases from Fact.MR

Activewear Market is set to record exponential growth by 2029: Fact.MR
Activewear is an apparel which boosts the performance of athletes during the sports and fitness physical activities by improving the body movements when compared to the regular clothes. Also, the activewear also helps to avoid muscle sprains and other ligament and muscle injuries. The appropriate fitting and proper support provided by these apparels, leads to the rapid growth of the global activewear market. Moreover, the active apparels support unique advantages
Glaucoma Diagnostics Market Globally Expected to Drive Growth through 2019 -2029
Glaucoma is one of the major eye disorder which affects the optic nerve carrying information from eye to brain. According to report from WHO Glaucoma is the second leading cause for total blindness. Traditionally topical medications and laser surgery especially trabeculotomy are principal methods to treatment glaucoma. The high risk due to complications and high cost associated with the treatment procedures have created the grounds for new safe and effective
The Global Demand of Aromatherapy Diffuser Market, Growth Analysis, Latest Trend …
Support from the science community in propounding the benefits of aromatherapy on mental health has had a positive impact on aromatherapy diffuser market. Click Here To get a Sample Report (Including Full TOC, Table & Figures) https://www.factmr.com/connectus/sample?flag=S&rep_id=4639 The resultant prevalence of aromatherapy among millennial consumers drive demand for aromatherapy diffusers during the forecast period (2019-2029). Consumer trends such as meditation, and spa & salon services will heighten demand growth for aromatherapy diffusers.
Global Market for 3D Wheel Aligners to Witness Growing Adoption for Off-Road Veh …
Bad weather conditions and growing disregard for road maintenance is worsening the state of roads in several parts of the world, and wheel alignment systems are witnessing a sharp increase in demand. 3D wheel aligners, a key advancement in wheel alignment systems, are being sought to attain accurate assessment of nonalignment by capturing the condition of wheels and the axle three-dimensionally. Gain complete access to the report - https://www.factmr.com/report/529/3d-wheel-aligners-market The Fact.MR forecast

All 5 Releases


More Releases for Sales

Biochips Market Sales Volume, Sales Price, Sales Revenue Analysis
The global biochips market was valued at US$ 7,026.4 million in 2016 and is expected to witness a robust CAGR of 16.2% over the forecast period (2017 – 2025). Biochips are miniaturized laboratories, which can perform simultaneous biochemical reactions. On the basis of functionality, biochips are classified as DNA chips, protein chips, lab-on-a-chips, and tissue and cell arrays. DNA chips, biochips or DNA microarrays consists of a microscope slide made of
Insulin Pumps Market Sales Volume, Sales Price, Sales Revenue Analysis
Insulin pump is a portable device attached to the body that continuously delivers preset amounts of short or rapid acting insulin in the body to control diabetes. Insulin therapy is required in type 1 diabetes and sometime in type 2 diabetes. It serves as an effective alternative to insulin injections. Furthermore, insulin pump delivers the insulin according to the need of body as basal rate, where small amount of insulin
sales@researchnreports.com
Insurance Business process outsourcing (BPO) means to contract certain business functions to specialized outsourcing service providers. These service providers assist insurance carriers to cut down overall costs, that enhances the efficiency and productivity of the firm. It can be defined as delegating one or more business activities to external companies (vendors), which, in turn, administer and manage the selected activity, based on defined and measurable performance criteria. It helps clients
Global MOSFET Sales Market
“Global MOSFET Sales Market Report" is an expert and in-depth analysis of key business and future development prospects, key determinants and restrictions, profiles of major market players, segmentation and forecasting. The study offers a comprehensive qualitative analysis of the industry's growth parameters, the current state of the market in terms of analysis of key economic situations and macroeconomic analysis. The analysis highlights the growth opportunities of key market segments along
Sales Engineer
Lynxus releases Total Wireless Solution for the lighting industry. Magtech Industries, a Power Supply manufacture and market leader specializing switch mode power conversion, announced the launch of the Lynxus Wireless Solutions, for the IoT. Lynxus Wireless is based in lighting control and has thousands of real-world applications that will deliver value to their customers. As of date, Lynxus has emerged as the only complete solution for lighting control in
abas ERP sales boom
Production-, manufacturing-, distribution companies, and automotive suppliers, selected abas ERP to move towards an economic recovery Karlsruhe, Germany, January 04th 2011 – The IFO Business Climate Index confirms that business development in many industries is again rapidly increasing. In comparison to 2009, ABAS has again seen a significant rise in sales. Especially mid-market custom manufacturers and automotive suppliers seeking technological and organizational changes while moving towards an economic recovery and increasing