Car Bumpers Market Overview, Scope and Advancement Outlook Till 2026 - Tong Yang, Hyundai Mobis, Plastic Omnium, HuaYu Automotive,

The study throws light on the Car Bumpers market by primarily focusing on the growth factors and even the restraining factors. The restraining factors are also provided with the best solutions which also turn out to counteract the inconvenience and help to increase the market demand. The applications, types, technology, and much other segmentation are studied to give in-depth knowledge of the continued investment in the market. The major driving forces behind the Car Bumpers market are explained to help give an idea of ​​a detailed analysis of this market.

The global Car Bumpers market will register a 2.6% CAGR in terms of revenue during the forecast period, and market size will reach USD 546.5 million by 2026.

Main companies in the global Car Bumpers market: Tong Yang, Hyundai Mobis, Plastic Omnium, HuaYu Automotive, Seoyon E-Hwa, Jiangnan MPT, Ecoplastic, SMP, Zhejiang Yuanchi, Benteler, Magna and others.

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Market Overview & Regional Analysis

absorb impact in a collision. The main function of a bumper is to protect the car's body in a slight collision, typically at parking speed. Front and rear bumpers on today's cars generally consist of a plastic cover over a reinforcement bar made of steel, aluminum, fiberglass composite or plastic.

Due to national industrial policy support and growing industry standardization, Car Bumper Industry is developing in the good direction. Despite the presence of competition problems, due to the global recovery trend, investors are still optimistic about this area; the future will still have more new investment enter the field. For the fierce competition between suppliers, the price and gross margin is expected to decrease further.

Asia-Pacific sales of Car Bumper have been increasing during the past five years with an average growth rate of 11%. Asia-Pacific sales of Car Bumper is expected to be over 100 million units in 2016 and more than 75% have been sales in China and Japan regions. For the product types, Plastic Car Bumper occupies the largest market share (about 94% in 2016), and followed by Metal Car Bumper (about 6% in 2016).

Industry News –

Ekpo Fuel Cell Technologies Receives Follow-Up Order On The Development Of Fuel Cell Technology For Commercial Aviation Application

EKPO Fuel Cell Technologies GmbH (EKPO), the joint venture between ElringKlinger (60%) and Plastic Omnium (40%), has received another large order from the joint venture of Airbus and Elringklinger.As a follow-up order to the successful cooperation with Airbus to date, this contract confirms EKPO as the main development partner. EKPO will provide development services and manufacture fuel cell stacks optimized for aerospace application. The stacks, based on the NM12 platform, are integrated into the customer’s further development, aiming to use fuel cells power as main propulsion mean for the commercial aerospace sector. Overall, the order represents a volume in the low double-digit million euro range.

This report segments the global Car Bumpers market on the basis of the following types:
Plastic Bumper

Others

On the basis of application, the global Car Bumpers market is segmented into:
Passenger Vehicle

Commercial Vehicle

For a complete understanding of the market dynamics, the global Car Bumpers market is analyzed into key geographies namely:  United States, China, Europe, Japan, Southeast Asia, India, and others. Each of these regions is analyzed on the basis of market findings in major countries in these regions for a macro-level understanding of the market.

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Some of the Key Questions Answered in the Car Bumpers Market Report:
-Short-Term & Long-Term factors that will affect the Industry due to COVID-19.
– What is the Market Growth, Sales for each Region/Country, Production, Consumption, Import-Export, Trends, Latest Development, etc.?

-Historical, Present and Future market development, growth and market size till the forecast period.

-What are the key regions or segments that will drive the market in the near future?

-Comprehensive mapping of the key participants and the latest strategies adopted by the player’s in the Industry. Manufacturer’s behavior analysis.

– Detailed Qualitative analysis and Quantitative insights presented in the report that is helpful for future growth.

The research includes historic data from 2015 to 2020 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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