The Automotive Suspension Bushes Market Gains Momentum with Rising Demand

Market Overview

According to Persistence Market Research, the global Automotive Suspension Bushes Market was valued at US$ 2,147.8 million in 2017 and is projected to grow 1.4X to reach US$ 3,155.3 million by the end of 2027. This comprehensive market analysis covers market volume ('000 Units) and value (US$ Mn), key developments, trends, value chain dynamics, and forecast factors from 2019 to 2027.

Key Drivers

Surge in E-Commerce to Propel Market Demand for Suspension Bushes

The booming e-commerce industry has increased demand for transportation and logistics, which heavily rely on light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs) for the movement of goods, equipment, and materials. This surge in demand indirectly stimulates the growth of the Automotive Suspension Bushes Market, as suspension bushes are essential components in these vehicles.

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Product Innovation and Strategic Acquisitions Drive Market Expansion

Manufacturers are focusing on new product development and strategic acquisitions to strengthen their position across the Automotive Suspension Bushes value chain. For instance:

• Tenneco Inc. acquired Federal-Mogul LLC in October 2018, reinforcing its presence across OEM and aftermarket segments.
• In November 2018, Tenneco also acquired Öhlins, a premium suspension system provider.
• EPTG Ltd., in December 2018, introduced new sizes of anti-roll bar bushes tailored for various car models.

Market Trends

Polyurethane Emerges as a Preferred Material Type

The market is segmented by material into polyurethane, rubber, and others. While rubber bushes continue to hold a significant share, polyurethane-based bushes are gaining traction due to superior durability, resistance to chemicals and oils, and better performance in reducing suspension sloppiness. These features make polyurethane bushes preferable in high-performance applications, thereby creating a substantial share in the market's incremental opportunity.

Asia-Pacific Continues to Dominate Market Share

Asia-Pacific is expected to remain the largest and fastest-growing regional market, supported by increasing automotive production and consistent industry growth across key economies. In contrast, Europe holds a notable share in both value and volume, while North America and Latin America together are projected to account for over a quarter of the global market. The Middle East & Africa (MEA) region is expected to witness healthy growth due to rising automotive output.

Competitive Landscape

The global Automotive Suspension Bushes Market is fragmented, with numerous players contributing to production across regions. Major companies include:

• Bonaprene Products Ltd.
• Tenneco, Inc.
• Fibet Group
• GMT Rubber-Metal-Technic Ltd.
• SuperPro
• Shanghai Pepsen Polyurethane Co., Ltd.
• Emdet Jamshedpur Pvt. Ltd.
• Teknorot
• Energy Suspension
• EPTG Ltd.
• American Urethane, Inc.

Key strategies include product launches, global expansion, and mergers & acquisitions to enhance technological capabilities and global footprint.

Market Segmentation

By Product Type:
• Liquid
• Solid
• Powder
By Vehicle Type:
• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)
By Material Type:
• Polyurethane
• Rubber
• Others (e.g., Metals)
By Sales Channel:
• OEM
• Aftermarket
By Region:
• North America
• Latin America
• Europe
• China
• Asia-Pacific (Excl. China)
• Middle East & Africa

Key Questions Answered

• How has the Automotive Suspension Bushes Market evolved over recent years?
• What is the future outlook for market size and volume through 2031?
• What are the key trends and recent developments in the market?
• What macroeconomic and industry factors are influencing market growth?
• What are the major opportunities and challenges for market players?
• How is the competitive landscape shaping up across regions?
• What are the key strategies of leading manufacturers?

Conclusion

The Automotive Suspension Bushes Market is poised for steady growth, driven by increasing vehicle production, rising e-commerce-related transport demand, and continued innovation in materials like polyurethane. With a fragmented competitive landscape and dynamic regional growth patterns, strategic innovation and market penetration will be crucial for companies aiming to strengthen their market presence.

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This release was published on openPR.