Press release
Automotive Exterior Trim Parts Market
Future Market Insights, an ESOMAR certified market research firm, in its latest study on the automotive exterior trim parts opines that the market will reach a valuation of US$ 30.3 Bn by the end of the year 2030.Newer trends such as embedding of cutting-edge connectivity systems in exterior body parts of vehicles, with weight reduction will continue to give an uptick to body aesthetics in the market for automotive exterior trim parts.
Automotive Exterior Trim Parts Market Outlook & Key Findings
• Automotive exterior trim parts market to grow at a CAGR of 4.6% through 2030
• Sales in top 3 countries collectively accounted for nearly 46% of overall market in 2019
• Compression molded composites touted to be 20%-30% lighter than aluminum will gain traction in new generation of vehicles
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11934
Key Takeaways of Automotive Exterior Trim Parts Market
• Achieving light-weighting by 40%, aluminum in body panels to remain preferred over steel
• With 54% volume share in automotive production in 2018, China, India and Australia will witness high demand for automotive exterior trim parts
• A drop by 200-250 BPS is anticipated for the market amidst the ongoing pandemic with recovery anticipated in the first quarter of 2022
• High focus on aesthetics in the mid-size passenger car segment to give traction to sales
Recyclable and Lightweight Materials Finds its Takers
Sustainability and light-weighting are key focal points by manufacturers for design of exterior trim parts.
Aludium, a European midstream aluminum manufacturer has introduced a highly cost-effective exterior trim called as the 55AT that gives a high-end aluminum finish to window frames, roofs and other decorative parts of the vehicle. During casting Aldium uses an advanced filtration system that not only anodises but also brightens the external trim of the vehicle. These products are also provided in very short lead times.
Similarly Norsk Hydro, a Norwegian aluminum manufacturer has launched its CIRCAL range of products that are being made with recycled aluminum. By using very advanced sorting processes the aluminum being used is not only sophisticated but also contains 75% recycled consumer. This has enabled the company to maintain its carbon footprint in the market.
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-11934
Automakers Suspend Operations to Keep COVID-19 at Bay
The first quarter of 2020 saw OEMs and manufacturers scrambling to keep production lines for automotive parts up and running as the virus took its hold in Asia and many parts of Europe and North America.
With government advisories being issued, parts and component facilities started to be shuttered at various countries around the world. A dip in discretionary spending and reduced customer footfalls have dampened demand for automotive exterior parts considerably.
While asset impairments are predicted in the near-term. For the time being, quarantine measures, just in time production and reduced workforce is helping manufacturers to obviate the liquidity crunch due to decrease in sales.
Automotive exterior trim parts Market: Segmentation
Product type
• Front Bumper
• Rear Bumper
• Outside Rear View Mirror (ORVM)
• Rocker Panel (Under Cover)
• Radiator Grills
• Wheel arch Cladding (Fender Liner)
• Outside Door Handles
• Exterior Car Door Trim
• Mud Guard
• Exterior trims parts
Vehicle Type
• Passenger Cars
• Compact
• Mid-size
• Luxury
• Sedan
• SUVs
• Commercial Vehicles
• Heavy Trucks and Buses
Sales Channel
• First Fit
• Replacement
Region
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Middle East & Africa
• Oceania
Direct Purchase of this Report@ https://www.futuremarketinsights.com/checkout/11934
Find More Valuable Insights on Automotive Exterior Trim Parts Market:
FMI in its new market research study, offers an unbiased analysis of the automotive exterior trim parts market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report offers complete analysis on global automotive exterior trim parts market through four different categories – By Product Type, By Vehicle Type, By Sales Channel and region. The global automotive exterior trim parts market study provides information of pricing by different life cycle analysis, product life cycle, key market trends and technologies which are being implemented in the production of the automotive exterior trim parts and product adoption in varied end use industries.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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 Exterior Trim Parts Market here
News-ID: 2510006 • Views: …
More Releases from Future Market Insights

Automotive Turbochargers Market Outlook 2024 to 2034: Driven by Keyyang Precisio …
The global automotive turbocharger market is experiencing a significant acceleration, with sales projected to reach USD 45,561.7 million by 2034, up from an estimated USD 18,217.7 million in 2024. This impressive growth reflects a robust Compound Annual Growth Rate (CAGR) of 9.6% over the forecast period, indicating a nearly 2.7-fold increase from current valuations. The primary catalysts for this expansion are stringent fuel efficiency standards and the relentless global push…

Automotive Cabin Air Quality Sensor Market Outlook 2025-2035: Shaped by Prana Ai …
The global automotive cabin air quality sensors market is experiencing a significant surge, with projections indicating a rise from USD 1.19 billion in 2025 to a remarkable USD 3.94 billion by 2035. This impressive growth reflects a robust Compound Annual Growth Rate (CAGR) of 12.7%, primarily fueled by an escalating demand for enhanced cabin air quality in vehicles. Consumers and regulatory bodies alike are placing a heightened emphasis on health,…

Air Transport MRO Market Outlook 2025-2035: Powered by ExecuJet MRO Services, Ma …
The global Air Transport Maintenance, Repair, and Overhaul (MRO) market is poised for sustained expansion, driven by a burgeoning global aircraft fleet, escalating aircraft utilization rates, and an increasing imperative for cost-efficient maintenance solutions. Valued at an estimated USD 87,318.3 million in 2025, the market is projected to reach an impressive USD 142,231.8 million by 2035, demonstrating a steady Compound Annual Growth Rate (CAGR) of 5%. This robust growth underscores…

Air Suspension Systems Market Outlook 2025-2035: Innovations Driven by Firestone …
The global air suspension systems market is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period. Valued at an estimated USD 6,262.4 million in 2025, the industry is anticipated to reach a significant market valuation of USD 15,662.0 million by 2035, driven by an increasing demand for superior ride comfort, enhanced vehicle control, and the evolving landscape of automotive technology.
Air…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…