A fresh study, covering “Automotive Plastic Bumper Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the automotive market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the Automotive Plastic Bumper market.
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Their lightweight, rigid and ductile properties will continue to help automakers achieve innovative exterior looks for their offerings. In addition to this, the importance of automotive plastic bumpers in safety of vehicle occupants as well as pedestrians is expected to boost its sales. In 2017, more than US$ 10 Bn worth of automotive plastic bumpers are expected to be sold across the globe. Fact.MR’s recent study projects that the demand for automotive plastic bumpers, however, will witness moderate growth owing to laws that curb the use of plastic in automobile manufacturing. By 2022, the global market for automotive plastic bumpers will have expanded at moderate CAGR, reaching US$ 13 Bn in value.
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.
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.
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Table of Contents:
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
Continued…..
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