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Body Sealing System Market Share, Demand Analysis, Growth, Trends and Forecast - 2028

05-31-2022 12:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

The body sealing system market is anticipated to grow at a significant CAGR of 4.5% during the forecast period (2022-2028).

A body sealing system is a weather-resistant sealer that protects a vehicle from the elements such as rain and snow. It may be used on roof seams, trunk lid seams, and door panel seams. Body sealing systems are typically constructed of butyl rubber sheets with adhesive on one side that adheres to metal components when placed against them in a variety of weather situations. During the projection period, the global body sealing system market will be driven by rising demand for high-end automobiles and an increase in vehicle production volumes across all regions. The cost-effectiveness and convenience of the installation of body sealing systems are driving up demand. Government initiatives to encourage the installation of safety equipment such as seat belts and airbags, as well as statutory rules requiring all automakers to do so, are expected to boost this market considerably in the future years.

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The global body sealing system market is segmented based on the type and application. Based on the type, the market is sub-segmented into EPDM (Ethylene Propylene Diene Monomer), PVC, TPO/TPE, and others. Among these types, the EPDM segment is expected to propel the growth of the market. EPDM is an elastomer (rubber) utilized in the automotive and construction industries. EPDM has a high electrical resistance, making it ideal for insulating electric motors of all sorts, from tiny appliances such as blenders to household equipment like drills and power saws. Based on the application type, the market is sub-segmented into the window, doorframe, windshield, sunroof, trunk lid, and others.

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The market players are also contributing significantly to the market growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2020, Sappi, a manufacturer, and provider of diversified paper and packaging goods introduced a new textured release paper range. Ultracast Viva is a solvent-free casting technology for high-fidelity polyvinyl chloride (PVC), polyurethane (PU), semi-PU, and solvent-free systems. This product represents the company's environmental policies and is in accordance with the company's global aims for environmentally responsible manufacturing. Ultracast Viva improves performance, especially when it comes to curling reduction. It has the capacity to provide "greater reusability and better handling with wider temperature tolerances," according to the manufacturer.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Cooper Standard Automotive Inc., Toyoda Gosei Co. Ltd., Hutchinson AG, and Nishikawa Rubber Co. Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Body Sealing System Market Report by Segment

By Type
• EPDM
• PVC
• TPO/TPE
• Others

By Application
• Window
• Doorframe
• Windshield
• Sunroof
• Trunk Lid
• Others

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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