Automotive Window and Exterior Sealing Systems Market by Component Type (Glass Run Channels, Roof Ditch Molding, Exterior Seals (Front Windshield, Hood Seals, Trunk Seals)), Vehicle (PC, LCV, HCV and EV), and Region - Global forecast to 2021
The automotive window and exterior sealing systems market is estimated to be USD 18.3 billion in 2016 and is projected to reach USD 25.7 billion by 2021, at a CAGR of 7.1% from 2016 to 2021. Some of the major factors identified for the growth are increasing new product launches with newer exterior designs of passenger cars, increasing penetration of SUVs and premium sedan class cars globally. Asia-Pacific and North America are expected to be the key growth regions owing to increasing vehicle production, changing demographics, and positive outlook of economic growth. In terms of value, Asia-Pacific is estimated to be the largest region and forecasted to remain predominant over the forecast period to reach USD 9.9 billion by 2021, owing to increasing vehicle production. The North American automotive window and exterior sealing systems market size is estimated to reach USD 6.5 billion by 2021, witnessing a CAGR of 7.7% during the forecast period.
By vehicle type, the automotive window and exterior sealing systems market for the passenger car segment is expected to hold the largest market share during the forecast period
The growing global demand for a personal vehicle is rising steadily every year, this has triggered an increase in passenger car production. The pre-dominant segment in the automotive window and exterior sealing system market is the passenger car segment, accounting for 74% shares in the global market estimate in 2016. Increasing PC production is estimated to drive the market for the PC automotive window and exterior sealing systems market.
By component type, the glass run channels segment is expected to hold a major market size during the forecast period
The glass encapsulations are estimated to grow to USD 3,276.7 million by 2016 and are projected to reach USD 4,633.5 million by 2021. The glass run channel and door seals segments are projected to grow to USD 6,171.3 million and USD 4,150.3 million respectively from 2016 to 2021.
North America to account for the fastest-growing market size during the forecast period.
In the year 2016, Asia-Pacific contributed around 38.3% of total automotive window and exterior sealing systems market size in terms of value, which makes the region a fast-growing market, due to higher automobile production levels.
Market Dynamics
Driver: Industry moving towards lightweight sealants
Then and now, in the automotive industry (Passenger and Commercial vehicle Industry), one of the major challenges that have always been, is improvising the fuel efficiency. To achieve it, manufacturers not only focus on engine efficiency but also the structural design of the vehicle and the parts in it. To meet the specific demand from OEMs, the sealing system manufacturers are benchmarking the present technology and the material used to make the new sealing systems, which is aimed to be lighter in weight, highly reliable, safe, and will possess lower production costs than conventional sealants.
Restraint: Alternative to sealant – Laser technology
The technological development happens in all sectors, where the new benchmark is done to replace the older one. In the sealant industry, also the innovation continuously happens, where older is replaced by new technology. The laser welding technology is a silent growing alternative for roof ditch molding, which gives best in class finishing, prevents dust, air, and water from entering the interior parts of the vehicle. The BMW Group and Volkswagen Group use its developed roof laser welding technology to deliver premium finish look to its customers by eliminating the conventional roof ditch molding seals. This technology may lead to roof ditch molding to the sluggish market in the future.
Opportunity: Emerging electrical vehicle market globally
The alternative fuel technology such as electric vehicles and hybrid electric vehicles are expected to play a major role in the future as they possess low emissions while being efficient in terms of power and mileage. Also, in some of the developed countries such as Germany, the U.K., Japan, and the U.S., the government norms towards vehicular emissions are stringent which is encouraging OEMs to develop and market EVs. Furthermore, the automotive industry across the globe is subjected to undergo upgraded emission norms by the governing bodies to reduce the NOx level, but practically zero-emission is not possible with conventional fuel engines. The next stage of zero-emission can be achieved by promoting the sales of electric vehicles that are emerging across the globe with significant growth rates. This increase in EV sales is an open opportunity for automotive sealing system manufacturers.
Challenge: Managing cost of parts
Managing the costs of parts have always been a great challenge for OEMs from recent decades. The automotive industry is more into reducing the cost of raw materials, which will help them to reduce the end-product cost. The management of raw material cost is a huge advantage for manufacturers to face their competitors and also to attract more customers. The manufacturers strategically summons its manufacturing unit to the specific countries for the production, where the raw materials are at competitive pricing. The industry also foresees other strategic ways to reduce the raw material cost from the supplier's end and is also working on lightweight material cost management, which is the upcoming trend, where all manufacturers focus on lightweight materials. It results in performance and fuel economy.
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Scope of the Report
Want to explore hidden markets that can drive new revenue in Automotive Window and Exterior Sealing Systems Market?
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Report Metric |
Details |
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Market size available for years |
2014–2021 |
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Base year considered |
2015 |
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Forecast period |
2015–2021 |
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Forecast units |
Million (USD) |
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Segments covered |
Vehicle Type, Component Type, and Region |
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Geographies covered |
North America, Europe, APAC, RoW |
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Companies covered |
Toyoda Gosei Co Ltd. (Japan), Copper- Standard Holdings Inc. (U.S.), and Magna Magna International Inc. (Canada) |
The research report categorizes the Automotive Window and Exterior market to forecast the revenues and analyze the trends in each of the following sub-segments:
Automotive Window and Exterior Sealing Market, By Vehicle Type
- Passenger Car
- HCV
- LCV
- EV
Automotive Window and Exterior Sealing Market, By Component Type
- Glass Run Channel Seals
- Roof Ditch Molding Seals
- Exterior Sealing
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- Door seals on body and door
- Front windshield seal
- Rear windshield seal
- Hood seals
- Trunk seals
- Waist belt seals
- Glass encapsulations
Automotive Window and Exterior Sealing Market, By Region
- North America
- Europe
- Asia Pacific (APAC)
- RoW
Key Market Players
Toyoda Gosei Co Ltd. (Japan), Copper- Standard Holdings Inc. (U.S.), and Magna Magna International Inc. (Canada). Cooper-Standard Automotive Inc. is a subsidiary of Cooper-Standard Holdings Inc. (U.S.), which was founded in 1960, and is headquartered in Michigan. The company has a global workforce of more than 30,000in 2015. Cooper-Standard Automotive Inc. is one of the leading manufacturers of auto body sealing systems such as glass run systems, inner belts, outer belts, below waist extrusion, sunroof seals, roof ditch molding, encapsulated glass and hood seals, anti-vibration systems, fuel, and brake delivery systems, aviation flooring, sheeting, and fluid transfer hoses. The company operates in 20 countries around the globe through 90 manufacturing facilities. The company sells automotive seals under the StanPro, Tecalemit, and Metzeler brands. Cooper-Standard Automotive is owned by Silver Point Capital (U.S.) and Oak Hill Advisors (United States).
Recent Developments
- In February 2016, Hutchinson inaugurated its new plant in Ruma, Serbia, which manufactures water pipes for fluid management systems.
- In August 2016, Cooper Standard acquired AMI Industries (Michigan, U.S.) This decision is directly aligned with the Cooper Standard’s profitable growth strategy. AMI operates manufacturing plants in Michigan and Indiana in the U.S. and China.
- In August 2016, To meet the growing demand Toyoda Gosei Automotive Sealing Mexico, S.A. de C.V. (TGASMX) plans to increase its production capacity for weatherstrips to approximately 1.5 times the current level by 2020 as the automobile production increases in North America, especially in Mexico.
- In May 2016, Magna International Inc. inaugurated its new facility, the Magna Exteriors Queretaro, to manufacture automotive exterior products.
Critical questions the report answers:
- Where will all these developments take the industry in the long term?
- What are the upcoming trends for the automotive window and exterior sealing systems market?
- Which segment provides the most opportunity for growth?
- Who are the leading vendors operating in this market?
- What are the opportunities for new market entrants?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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Table of Contents
1 Introduction (Page No. - 15)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 19)
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.3 Data From Secondary Sources
2.4 Primary Data
2.4.1 Sampling Techniques & Data Collection Methods
2.4.2 Primary Participants
2.5 Factor Analysis
2.5.1 Introduction
2.5.2 Demand Side Analysis
2.5.2.1 Vehicle Production Increasing in Developing Countries
2.5.2.2 Impact of GDP on Commercial Vehicle Sales
2.5.2.3 Impact of Population on Total Vehicle Sales
2.5.2.4 Infrastructure: Roadways
2.5.3 Supply Side Analysis
2.5.4 Technological Advancement
2.5.5 Influence of Other Factors
2.6 Market Size Estimation
2.7 Data Triangulation
2.8 Assumptions
3 Executive Summary (Page No. - 30)
3.1 Introduction
4 Premium Insights (Page No. - 35)
4.1 Attractive Opportunities in this Market
4.2 Exterior Seals Segment to Lead the Global Automotive Window and Exterior Sealing Systems Market in 2016
4.3 Region-Wise Market Share of the Market, 2016
4.4 Market, By Vehicle Type
4.5 Market, By Component Type
5 Market Overview (Page No. - 39)
5.1 Introduction
5.1.1 Market Segmentation
5.1.2 Market, By Component Type
5.1.3 Market, By Region
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Industry Moving Towards Light Weight Sealants
5.2.1.2 Increasing Demand for Modified Elastomers
5.2.1.3 Growing Passenger & Commercial Vehicle Market Globally
5.2.2 Restraints
5.2.2.1 Alternative to Sealants – Laser Technology
5.2.2.2 Epdm Material’s Environmental Issue
5.2.3 Opportunities
5.2.3.1 Emerging Electrical Vehicle Market Globally
5.2.3.2 Growing Trend of Using Thermoplastic Material in Automotive Industry
5.2.4 Challenges
5.2.4.1 Managing Cost of Parts
5.2.4.2 Design and Installation Issue
5.3 Porter’s Five Force Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Subsitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
6 Automotive Window and Exterior Sealing Sysytems Market, By Region (Page No. - 48)
6.1 Introduction
6.2 Asia-Pacific
6.2.1 By Country
6.2.2 China
6.2.3 Japan
6.2.4 South Korea
6.2.5 India
6.2.6 Others (Asia-Pacific)
6.3 Europe
6.3.1 By Country
6.3.2 Germany
6.3.3 U.K.
6.3.4 France
6.3.5 Spain
6.3.6 Others (Europe)
6.4 North America
6.4.1 By Country
6.4.2 U.S.
6.4.3 Mexico
6.4.4 Canada
6.5 RoW
6.5.1 By Country
6.5.2 Brazil
6.5.3 Russia
7 Automotive Window and Exterior Sealing Systems Market, By Vehicle Type (Page No. - 71)
7.1 Introduction
7.2 By Vehicle Type
7.3 By Region
7.3.1 Passenger Car
7.3.2 Light Commercial Vehicle (LCV)
7.3.3 Heavy Commercial Vehicle (HCV)
7.3.4 Electric Vehicles (EV)
8 Automotive Window and Exterior Sealing Sysytems Market, By Component Type (Page No. - 79)
8.1 Introduction
8.2 By Component Type
8.3 By Region
8.3.1 Glass Run Channel
8.3.2 Roof Ditch Molding
8.3.3 Door Seals
8.3.4 Front Windshield Seals
8.3.5 Rear Windshield Seals
8.3.6 Hood Seals
8.3.7 Trunk Seals
8.3.8 Waist Belt Seals
8.3.9 Glass Encapsulation
9 Competitive Landscape (Page No. - 90)
9.1 Overview
9.2 Market Ranking Analysis: Automotive Window and Exterior Systems Sealing
9.3 Competitive Scenario & Trends
9.4 Battle for Market Share: Expansion Was the Key Strategy
9.5 Expansion
9.6 Mergers & Acquisitions
9.7 Joint Ventures & Agreements
10 Company Profiles (Page No. - 97)
(Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MnM View)*
10.1 Cooper-Standard Automotive Inc.
10.2 Hutchinson Sealing Systems
10.3 Magna International Inc.
10.4 Sumitomo Chemical Co., Ltd
10.5 Toyoda Gosei Co., Ltd
10.6 Minth Group Ltd.
10.7 Henniges Automotive Holdings Inc.
10.8 Dura Automotive Systems
10.9 PPAP Automotive
10.10 Rehau Group
10.11 Lauren Plastics LLC
*Details on Company at A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.
11 Appendix (Page No. - 122)
11.1 Key Industry Insights
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.4 Introducing RT: Real Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports
11.7 Author Details
List of Tables (75 Tables)
Table 1 Automotive Window & Exterior Sealing Systems Market, By Region, 2014–2021 ('Million Units)
Table 2 Market, By Region, 2014–2021 (USD Million)
Table 3 Asia-Pacific: Market, By Country, 2014–2021 (Million Units)
Table 4 Asia-Pacific: Market, By Country, 2014–2021 (USD Million)
Table 5 China: Market, By Component Type, 2014–2021 (Million Units)
Table 6 China: Market, By Component Type, 2014–2021 (USD Million)
Table 7 Japan: Market, By Component Type, 2014–2021 (Million Units)
Table 8 Japan:Market, By Component Type, 2014–2021 (USD Million)
Table 9 South Korea: Market, By Component Type, 2014–2021 (Million Units)
Table 10 South Korea: Market, By Component Type, 2014–2021 (USD Million)
Table 11 India: Market, By Component Type, 2014–2021 (Million Units)
Table 12 India: Market, By Component Type, 2014–2021 (USD Million)
Table 13 Others (Asia-Pacific): Market, By Component Type, 2014–2021 (Million Units)
Table 14 Others (Asia-Pacific): Market, By Component Type, 2014–2021 (USD Million)
Table 15 Europe: Market, By Country, 2014–2021 (Million Units)
Table 16 Europe: Market, By Country, 2014–2021 (USD Million)
Table 17 Germany: Market, By Component Type, 2014–2021 (Million Units)
Table 18 Germany:Market, By Component Type, 2014–2021 (USD Million)
Table 19 U.K.: Market, By Component Type, 2014–2021 (Million Units)
Table 20 U.K.: Market, By Component Type, 2014–2021 (USD Million)
Table 21 France: Market, By Component Type, 2014–2021 (Million Units)
Table 22 France.: Market, By Component Type, 2014–2021 (USD Million)
Table 23 Spain: Market, By Component Type, 2014–2021 (Million Units)
Table 24 Spain: Market, By Component Type, 2014–2021 (USD Million)
Table 25 Others: Market, By Component Type, 2014–2021 (Million Units)
Table 26 Others: Market, By Component Type, 2014–2021 (USD Million)
Table 27 North America: Market, By Country, 2014–2021 (Million Units)
Table 28 North America: Market, By Country, 2014–2021 (USD Million)
Table 29 U.S.: Market, By Component Type, 2014–2021 (Million Units)
Table 30 U.S.: Market, By Component Type, 2014–2021 (USD Million)
Table 31 Mexico.: Market, By Component Type, 2014–2021 (Million Units)
Table 32 Mexico: Market, By Component Type, 2014–2021 (USD Million)
Table 33 Canada: Market, By Component Type, 2014–2021 (Million Units)
Table 34 Canada: Market, By Component Type, 2014–2021 (USD Million)
Table 35 RoW: Market, By Component Type, 2014–2021 (Million Units)
Table 36 RoW: Market, By Component Type, 2014–2021 (USD Million)
Table 37 Brazil: Market, By Component Type, 2014–2021 (Million Units)
Table 38 Brazil: Market, By Component Type, 2014–2021 (USD Million)
Table 39 Russia: Market, By Component Type, 2014–2021 (Million Units)
Table 40 Russia: Market, By Component Type, 2014–2021 (USD Million)
Table 41 Market, By Vehicle Type, 2014–2021 (Million Units)
Table 42 Market, By Vehicle Type, 2014–2021 ('Million USD)
Table 43 Market Size, By Region, 2014–2021 (‘Million Units)
Table 44 Market Size, By Region, 2014–2021 (USD Million)
Table 45 Market Size, By Region, 2014–2021 (‘Million Units)
Table 46 Market Size, By Region, 2014–2021 (USD Million)
Table 47 Market Size, By Region, 2014–2021 (‘Million Units)
Table 48 Market Size, By Region, 2014–2021 (USD Million)
Table 49 Market Size, By Region, 2014–2021 (‘Million Units)
Table 50 Market Size, By Region, 2014–2021 (USD Million)
Table 51 Market, By Component Type, 2014–2021 ('Million Units)
Table 52 Market, By Component Type, 2014–2021 (USD Million)
Table 53 Glass Run Channel Market, By Region, 2014–2021 (‘Million Units)
Table 54 Glass Run Channel Market, By Region, 2014–2021 (USD Million)
Table 55 Roof Ditch Molding Market, By Region, 2014–2021 (‘Million Units)
Table 56 Roof Ditch Molding Market, By Region, 2014–2021 (USD Million)
Table 57 Door Seals Market, By Region, 2014–2021 (‘Million Units)
Table 58 Door Seals Market, By Region, 2014–2021 (USD Million)
Table 59 Front Windshield Seals Market, By Region, 2014–2021 (‘Million Units)
Table 60 Front Windshield Seals Market, By Region, 2014–2021 (USD Million)
Table 61 Rear Windshield Seals Market, By Region, 2014–2021 (‘Million Units)
Table 62 Rear Windshield Seals Market, By Region, 2014–2021 (USD Million)
Table 63 Hood Seals Market, By Region, 2014–2021 (‘Million Units)
Table 64 Hood Seals Market, By Region, 2014–2021 (USD Million)
Table 65 Trunk Seals Market, By Region, 2014–2021 (‘Million Units)
Table 66 Trunk Seals Market, By Region, 2014–2021 (USD Million)
Table 67 Waist Belt Seals Market, By Region, 2014–2021 (‘Million Units)
Table 68 Waist Belt Seals Market, By Region, 2014–2021 (USD Million)
Table 69 Glass Encapsulation Market, By Region, 2014–2021 (‘Million Units)
Table 70 Glass Encapsulation Market, By Region, 2014–2021 (USD Million)
Table 71 Automotive Window and Exterior Systems Sealing Market Ranking: 2015
Table 72 Expansions, 2015–2016
Table 73 Acquisitions, 2014–2016
Table 74 Joint Ventures, 2014–2016
Table 75 New Product Launches, 2014–2016
List of Figures (42 Figures)
Figure 1 Automotive Window and Exterior Sealing Systems: Markets Covered
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Vehicle Production, 2010-2015
Figure 6 Impact of Population on Vehicle Sales, 2014
Figure 7 Roadways Infrastructure: Road Network (Km), By Country, 2011
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Asia-Pacific is Estimated to Be the Largest Market for Automotive Window and Exterior Sealing Systems, 2016 vs 2021 (USD Billion)
Figure 10 Passenger Car Segment Estimated to Hold the Largest Share in Automotive Window and Exterior Sealing Systems Market (USD Million), 2016
Figure 11 Market Share (2016): North America Projected to Be the Fastest-Growing Market During the Forecast Period
Figure 12 Glass Run Channels Segment Estimated to Hold the Largest Share in Market (USD Million),
Figure 13 Market Growth is Attributed to Increase in Vehicle Production Globally, 2016–2021
Figure 14 Market Share, By Component Type & By Region, 2016
Figure 15 North America is the Region With Highest Growth Rate, By Value, 2016–2021
Figure 16 Glass Run Channels Component Market to Hold the Largest Market Share, 2016-2021
Figure 17 Market Segmentation
Figure 18 Market Segmentation, By Component Type
Figure 19 Market Segmentation, By Region
Figure 20 Growing Passenger & Commercial Vehicle Market Globally to Drive the Market for Automotive Window & Exterior Sealing Systems
Figure 21 Global Passenger Car Production, 2013 – 2021
Figure 22 Global Commercial Vehicle (LCV & HCV) Production, 2013 – 2021
Figure 23 Porter’s Five Forces Analysis
Figure 24 North America to Be the Fastest-Growing Market for Automotive Windows & Exterior Sealing Systems During the Forecast Period
Figure 25 China Estimated to Lead the Asia-Pacific Automotive Window & Exterior Sealing Systems Market During the Forecast Period
Figure 26 Spain to Grow at the Fastest Rate in the European Region
Figure 27 U.S. to Dominate the North American Automotive Window & Exterior Sealing Systems Market
Figure 28 Brazil to Account for the Largest Market Share in the RoW Region
Figure 29 Passenger Cars: Estimated to Be the Fastest Growing Vehicle Segment in the Automotive Transmission Market
Figure 30 Glass Run Channels to Account for the Largest Market Share, By Value, 2016-2021
Figure 31 Companies Adopted Expansions & Acquisitions as Key Growth Strategies From 2012 to 2016
Figure 32 Market Evaluation Framework: Expansions Fuelled Market Growth From 2014 to 2016
Figure 33 Cooper-Standard Automotive Inc.: Company Snapshot
Figure 34 Cooper Standard Inc :SWOT Analysis
Figure 35 Hutchinson Sealing System: Company Snapshot
Figure 36 Hutchinson Sealing System: SWOT Analysis
Figure 37 Company Snapshot: Magna International Inc.
Figure 38 Company Snapshot: Sumitomo Chemical Co., Ltd
Figure 39 Company Snapshot: Toyoda Gosei Co., Ltd
Figure 40 Company Snapshot: Minth Group Ltd
Figure 41 Company Snapshot: Dura Automotive Systems
Figure 42 Company Snapshot: PPAP Automotive
Growth opportunities and latent adjacency in Automotive Window and Exterior Sealing Systems Market
My specific field of interest are EPDM rubber sealing profiles used in vehicles (as I know mainly exterior like a door or side window seals), and break down of these and any detail as well as market players you can provide there. Not interested in O-rings, sealing pasts, form parts, dampeners, and so on.