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Global Automotive Plastic Bumper Market Analysis, Leading Players & Future Forecast by 2022
Fact.MR
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Rising Demand for Passenger Cars with Plastic Bumpers
In the future, OEMs will continue to boost their capacity of manufacturing lightweight automotive plastic bumpers owing to their effective use in production of passenger cars. Compared to commercial vehicles, passenger cars will witness higher sales owing to their fuel mileage, compact designs and affordable prices. Demand for automotive plastic bumpers in production of passenger cars is expected to rise as lightweight plastic bumpers contribute towards boosting the fuel efficiency of vehicle. By the end of 2022, more than US$ 5.4 Bn worth of automotive plastic bumpers sold in the global market will be accounted by passenger cars. On the other hand, heavy commercial vehicles will procure nearly one-fourth of global automotive plastic bumpers market by the end of 2017.
OEMs witnessing Higher Sales of Plastic Bumpers below US$ 300 Price
The report highlights the presence of OEMs in global automotive plastic bumper distribution network. Through 2022, OEMs are projected to remain the largest distributors of automotive plastic bumpers, accounting for around two-third value share. Aftermarket sales of automotive plastic bumpers are also expected to gain traction owing to rising customization needs of vehicle owners.
Automotive plastic bumpers priced below US$ 300 are expected to be prominent in the sales recorded by OEMs. The demand for low prices automotive plastic bumpers is likely to remain high on the grounds of rising efforts of automobile manufacturers towards cost-cutting. While luxury car manufacturers will opt for high-priced automotive plastic bumpers, a majority of the market will witness prominence of low-priced automotive plastic bumpers. Between 2017 and 2022, the low-priced automotive plastic bumpers segment is expected to witness a lucrative incremental opportunity of nearly US$ 1.5 Bn.
Competition Tracking
The report has tracked formative developments in the competitive landscape of the global automotive plastic bumpers market. A shift of OEMs towards low-cost bumper production is evident, particularly on the account of rising demand for low-priced plastic bumpers for customization purposes. Companies such as Toray Industries, Inc., Samvardhana Motherson Automotive Systems Group B.V., Faurecia SA, Benteler International AG, Futaba Industrial Co. Ltd., Compagnie Plastic Omnium SA, Montaplast GmbH, Flex-N-Gate Corporation, and Warn Industries, Inc. are observed to be the key players in the global automotive plastic bumper market.
Higher Preference to Polypropylene as Raw Material
Procurement of raw plastic material is observed as a tedious task for OEMs, primarily due to presence of strict laws that compel manufacturers to minimalize the use of plastic in automobile production. However, metal bumpers are costlier and entail higher replacement than plastic bumpers. Among key materials used in production of automotive plastic bumpers, polypropylene is likely to top the list. Optimum rigidity, customization compliance, and relatively affordable procurement are polypropylene is expected to boost its preference among automotive OEMs. In 2017, more than US$ 3 Bn worth of polypropylene-based automotive plastic bumpers are anticipated to be sold across the globe.
Browse Full Report With TOC- https://www.factmr.com/report/1/automotive-plastic-bumper-market
List of Tables
Chapter 1. Global Automotive Car Battery Charger Market - Executive Summary. 31
Chapter 2. Global Automotive Plastic Bumper Market Overview. 33
2.1. Introduction. 33
2.1.1. Global Automotive Plastic Bumper Market Taxonomy. 33
2.1.2. Global Automotive Plastic Bumper Market Definition. 33
2.2. Global Automotive Plastic Bumper Market Size (US$ Mn) and Forecast, 2012-2022. 34
2.2.1. Global Automotive Plastic Bumper Market Y-o-Y Growth. 34
2.3. Global Automotive Plastic Bumper Market Dynamics. 34
2.3.1. Drivers. 34
2.3.2. Restraints. 34
2.3.3. Trends. 35
2.4. Supply Chain. 35
2.5. Cost Structure. 36
2.6. Key Participants Market Presence (Intensity Map) By Region. 36
Chapter 3. Global Automotive Plastic Bumper Market Analysis and Forecast By Material Type. 37
3.1. Global Automotive Plastic Bumper Market Size and Forecast By Material Type, 2012-2022. 37
3.1.1. Polypropylene (PP) Automotive Plastic Bumper Market Size and Forecast, 2012-2022. 37
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 37
3.1.1.2. Market Share Comparison, By Region. 39
3.1.1.3. Y-o-Y growth Comparison, By Region. 40
3.1.2. Polycarbonate (PC) Automotive Plastic Bumper Market Size and Forecast, 2012-2022. 40
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 40
3.1.2.2. Market Share Comparison, By Region. 42
3.1.2.3. Y-o-Y growth Comparison, By Region. 43
3.1.3. PBT (Polybutylene Terephthalate) Automotive Plastic Bumper Market Size and Forecast, 2012-2022. 43
3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 43
3.1.3.2. Market Share Comparison, By Region. 46
3.1.3.3. Y-o-Y growth Comparison, By Region. 46
3.1.4. Acrylonitrile Butadiene Styrene (ABS) Automotive Plastic Bumper Market Size and Forecast, 2012-2022. 47
3.1.4.1. Revenue (US$ Mn) Comparison, By Region. 47
3.1.4.2. Market Share Comparison, By Region. 49
3.1.4.3. Y-o-Y growth Comparison, By Region. 49
Continued@@@...
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