Market Research Future published a research report on “India Automotive Door Seals Market Research Report- Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
SKF, Trelleborg, Freudenberg Sealing Technologies, Dana Holding, Federal-Mogul, Dichtungstechnik, Henniges Automotive, and KACO GmbH + Co. KG. and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the India Automotive Door Seal Market.
Automotive Door Seal India Market – Overview
The India Automotive Door Seal Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The India market of Automotive Door Seal will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2027, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2027).
The India Automotive Door Seals market was valued at USD 917.0 million in 2015, and is expected to reach USD 1,557.2 million by 2027.
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Automotive Door seals fill in the gap of between the doors so as to ensure no vibration and higher comfort to the passenger. With technological development the market players are specifically allotting funds to develop high performance Automotive Door Seals to provide high quality products to the End Users. Increasing awareness among the customers Demand for the Automotive Door Seal market has witnessed high growth as the Door Seals play an essential part in the finished product that is delivered to the End Users. Customers today prioritize comfort and efficiency and are much more aware regarding their vehicles as compared to earlier, thus increasing importance of Automotive Door Seals comes into play as any installation or design problems of door seals will result in inefficiency of the vehicle and reduction in comfort
The booming automotive industry is also one of the primary sources which are driving the Automotive Door Seals market. Recent surge in the automotive industry has been directly translating into increasing demand in the Automotive Door Seals market. Automotive Door Seals are mainly used as a component used by the Automotive Industry in their finished products thus directly complimenting the increase demand in this sector.
Comparative increase in the disposable income of individuals across the globe has also been a factor driving the Automotive Industry, beckoning the improvement of door seals. Development of high performance seals with increased mechanical strengths with a longer shelf life being used in vehicles has also positively impacted the Automotive Door Seals market.
The Automotive Industry has been subjected to stringent government regulations and quality standards. Through Research & Development manufacturers have developed high quality, lightweight material used in the production of Automotive Door seals to meet the stringent quality standards. Development of Thermoplastic weather-strips has also contributed to the increasing demand in this market. Such stringent quality standards and government regulations have positively impacted the Automotive Door Seals market and have significantly contributed to the increasing demand of this segment.
Long standing issue with the Automotive Door seals is the limited shelf life. The issue of wear and tear of automotive door seals after a particular amount of time has been a major hurdle or restraint for the Automotive Door seals market. Initially implementing a simple design the Automotive Door Seals manufacturers have faced this issue. Wear and Tear of the Door seals results in various issue ranging from vibration to leakage, thus acting as a major restraint in the growth of the Automotive Door Seals market.
Initially the Manufactures followed a simple design and a traditional process to manufacture Automotive Door Seals. Gradually with the increasing complexities in the design of the Automotive Vehicles, the process of manufacturing and designs of door seals have also become increasingly complicated. This acts as a major hurdle in the process of installation and the designing of the Automotive Door Seals. With the increasing labor cost over time, and lack of skilled labor any sort of design and installation issue will result in a blowout of the seals. Such an issue in the Automotive Door Seals market can act as major hurdle in the growth and development of the Automotive Door Seals market.
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- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Industry/ Innovation/ Related News:
June, 2012 – Toyoda Gosei’s New Plant in U.S. Started Production. A newly established plant of TG Fluid Systems USA Corporation (TGFSUS) in Michigan, USA, a subsidiary of Toyoda Gosei Co., Ltd., started operations in July to accommodate the expansion of car production in North America..
December, 2012– In light of automotive production growth in the North America, Toyoda Gosei Co., Ltd. (“Toyoda Gosei” Tadashi Arashima, President) is establishing a new plant for automotive interior and exterior components in Stratford, Ontario, Canada. The new plant, a branch plant of our subsidiary TG Minto Corporation (“TG Minto”), supplies interior and exterior components to Toyota Motor Manufacturing Canada Inc. (TMMC). Our more than 25 years of success in Canada started when we took a stake in Waterville TG Inc. (“WTG”) located in Waterville, Quebec in 1986.
Automotive Door Seal Market – Segmentation
The India Automotive Door Seal Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type : Comprises Sponge, Rubber, Others.
Segmentation by End Market : Comprises Original equipment manufacturer and aftermarket.
Segmentation by Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Automotive Door Seal Market: Regional Analysis
Europe is expected to dominate the automotive door seal market mainly due to the sheer existence of many big market players. With the increasing demand in the automotive industry and the technological development the automotive door seals market is expected to register high growth in the forecast period. Asia-Pacific and North America are other leading regions which can be attributed to the increasing demand in the automotive industry.
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