Press release
Automotive Suspension Bushes Market to Witness Comprehensive Growth by 2026
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Automotive Suspension Bushes Market: Drivers and Restraints
The global automotive suspension bushes market is primarily driven by the growth in the automotive sector with significant growth in the sales of vehicles across the globe, along with the increasing demand for smooth, safe and comfortable drive on long journeys and in different terrains by the passengers. Moreover, innovations and developments for manufacturing safe and lighter automotive suspension systems for automotive in order to reduce the fuel consumption and emissions is expected to drive the global market for automotive suspension bushes. The volatile cost of raw materials compared to that of natural rubber used for suspension bushes might restraint the global automotive suspension bushes market.
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Automotive Suspension Bushes Market: Segmentation
On the basis of vehicle type automotive suspension bushes market can be segmented as follows:-
Two wheelers
Passenger Cars
Light commercial vehicles
Heavy commercial vehicles
On the basis of bushes type, the global automotive suspension bushes market can be segmented as follows:-
Anti-roll bar bushes
Control arm bushes
Spring bushes
Shock absorber bushes
On the basis raw materials, the global automotive suspension bushes market can be segmented as follows:-
Natural rubber
Synthetic Rubber
Styrene Butadiene rubber
Polyurethane elastomer
Nitrile rubber
NBR (Nitrile Butyl Rubber)
On the basis of manufacturing process, the global automotive suspension bushes market can be segmented as follows:-
Injection Moulding
Compression moulding
On the basis of distribution channel, the global automotive suspension bushes market can be segmented as follows:-
Original Equipment Manufacturer (OEM)
Aftermarket
Automotive Suspension Bushes Market: Region Wise Outlook
The global automotive suspension bushes market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Among the aforementioned regions, the APEJ market for automotive suspension bushes holds the largest market share, China being the largest automotive market in the region is attributed to the growth of automotive bushes market in the region. Latin America market for automotive bushes is followed by the APEJ market. The adoption of renewable resources for the production of prime raw material polyurethane used in automotive suspension bushes in the regions like North America and Western Europe is expected to push the market for automotive suspension bushes in these regions. Japan and the Middle East and Africa market is also expected to pace up in the automotive suspension bushes market by the end of forecast period.
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Key Players
Polybush
Bonaprene Products Ltd
SuperPro Suspension Parts
Fibet Rubber Bonding (UK) Ltd
Powerflex
Best Elastomers Pvt. Ltd.
Emdet Jamshedpur Pvt. Ltd.
Energy Suspension
Rubber Intertrade Co., Ltd.
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