Automotive Rubber Molded Components Market Size, Trends 2030

Automotive Rubber Molded Components Market Size, Trends 2030

Segments - Automotive Rubber Molded Components Market by Material Types (Natural Rubber (NR), Ethylene Propylene Diene Monomer (EPDM), Styrene-butadiene Rubber (SBR), and Others), Component Types (Weather-strips, Gaskets, Seals, Hoses, and Others), Vehicle Types (Commercial Vehicles and Passenger Cars), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Akash Vedpathak
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Fact-checked by : V. Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :AL-786 | 4.1 Rating | 66 Reviews | 142 Pages | Format : PDF Excel PPT

Report Description


The global automotive rubber molded components market size is anticipated to expand at a substantial CAGR of 6.5% during the forecast period, 2021–2028. The growth of the market is attributed to the growing use of lightweight materials, government regulations, changing fuel prices, environmental concerns, a restricted number of suppliers, and technological advancements.

Uncured rubber materials are cured under high pressure with metal, cloth, or plastic inserts in the appropriate shape of the components to make automotive rubber molded components. Compression, injection, and transfer molding are the three processes utilized in the rubber molding process. These are the components that can be found in a variety of places throughout the vehicle.

As per a variety of variables, such as weight, environmental, cost, and durability concerns, rubber-molded items that were formerly derived from natural resources are increasingly being created from affordable and common synthetic polymers. These rubber-molded components come in a variety of forms, sizes, and colors, and can be used in a variety of applications in the automotive market. This is a major component in the market's growth.

Global Automotive Rubber Molded Components Market Summary

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for environmentally friendly and fuel-efficient cars is estimated to boost the market growth during the forecast period.
  • Technological change demands new product requirements. As a consequence, producers of automotive rubber-molded components can continue to develop effective techniques for managing raw materials, improving production capabilities, and shortening delivery times, resulting in increased revenues from the automotive rubber-molded components market.
  • Increase in electric vehicle demand, rapid industrialization, and globalization, as well as the introduction of new and cost-effective technologies, is projected to spur the market expansion during the forecast period.
  • Lack of improved raw materials in emerging nations and fluctuating raw material costs possess as key challenges that can restrict the market expansion in the coming years.

Scope of the Report

The report on the global automotive rubber molded components market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Global Automotive Rubber Molded Components Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

By Material Types (Natural Rubber (NR), Ethylene Propylene Diene Monomer (EPDM), Styrene-butadiene Rubber (SBR), and Others), Component Types (Weather-strips, Gaskets, Seals, Hoses, and Others), and Vehicle Types (Commercial Vehicles and Passenger Cars)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

AB SKF; ALP Group; Bohra Rubber Pvt. Ltd; Bony Polymers Pvt Ltd; Continental AG; Cooper-Standard Automotive; DANA Holding Corporation; Federal-Mogul Corporation; Freudenberg and Co. Kg; Hebei Shinda Seal Group; Hutchinson SA; Jayem Auto Industries Pvt Ltd; NOK Corporation; Steele Rubber Product; Sumitomo Riko Co. Ltd; Trelleborg AB

 

Global Automotive Rubber Molded Components Market Segment Insights

Ethylene propylene diene monomer (EPDM) segment is projected to hold a major market share
Based on material types, the global automotive rubber molded components market is segmented into natural rubber (NR), ethylene propylene diene monomer (EPDM), styrene-butadiene rubber (SBR), and others. The segment is expected to account for a key share of the market during the forecast period owing to the growing need for comfort and safety generates exciting growth potential for driver assistance systems, which include automotive rubber molded components, and so boosts demand. Rubber molding materials like EPDM is more flexible and lighter than traditional metal components. As a result, the overall weight of the vehicle is reduced, which helps to improve fuel economy.

Global Automotive Rubber Molded Components Market Material Type

Seals segment is expected to expand at a rapid pace
On the basis of component types, the market is divided into weather-strips, gaskets, seals, hoses, and others. The seal’s segment is expected to constitute a key share of the market in the coming years due to automotive door seals, storage container seals, tool box seals, and other rubber seals are installed on the window, door, or vehicle body to enable water and weather resistance.

Global Automotive Rubber Molded Components Market Component Type

Passenger cars segment is anticipated to expand at a substantial CAGR
In terms of vehicle types, the global automotive rubber molded components market is bifurcated into commercial vehicles and passenger cars. The passenger cars segment is expected to represent a key share of the market during the forecast period owing to the growing population, increased use of lightweight materials in vehicles, as well as severe pollution, safety, and fuel economy standards, are driving the market.

Asia Pacific is anticipated to dominate the market
On the basis of regions, the global automotive rubber molded components market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market at an impressive CAGR during the forecast period. The regional market growth can be attributed to the rise in vehicle sales in the region and also the rise of the automotive industry in India and China, both the nation has emerged as important global automotive component production centers. Small and medium-sized businesses have been encouraged to enter the rubber molded market as a result of supportive government policies in these countries.

Global Automotive Rubber Molded Components Market Region

Segments

The global automotive rubber molded components market has been segmented on the basis of

Material Types
  • Natural Rubber (NR)
  • Ethylene Propylene Diene Monomer (EPDM)
  • Styrene-butadiene Rubber (SBR)
  • Others
Component Types
  • Weather-strips
  • Gaskets
  • Seals
  • Hoses
  • Others
Vehicle Types
  • Commercial Vehicles
  • Passenger Cars
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • AB SKF
  • ALP Group
  • Bohra Rubber Pvt. Ltd
  • Bony Polymers Pvt Ltd
  • Continental AG
  • Cooper-Standard Automotive
  • DANA Holding Corporation
  • Federal-Mogul Corporation
  • Freudenberg and Co. Kg
  • Hebei Shinda Seal Group
  • Hutchinson SA
  • Jayem Auto Industries Pvt Ltd
  • NOK Corporation
  • Steele Rubber Products
  • Sumitomo Riko Co. Ltd
  • Trelleborg AB

Competitive Landscape

Key players competing in the global automotive rubber molded components market are AB SKF; ALP Group; Bohra Rubber Pvt. Ltd; Bony Polymers Pvt Ltd; Continental AG; Cooper-Standard Automotive; DANA Holding Corporation; Federal-Mogul Corporation; Freudenberg and Co. Kg; Hebei Shinda Seal Group; Hutchinson SA; Jayem Auto Industries Pvt Ltd; NOK Corporation; Steele Rubber Product; Sumitomo Riko Co. Ltd; Trelleborg AB. Some of these players are adopting several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.

Global Automotive Rubber Molded Components Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Rubber Molded Components Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Rubber Molded Components Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Rubber Molded Components Market - Supply Chain
  4.5. Global Automotive Rubber Molded Components Market Forecast
     4.5.1. Automotive Rubber Molded Components Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Rubber Molded Components Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Rubber Molded Components Market Absolute $ Opportunity
5. Global Automotive Rubber Molded Components Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Automotive Rubber Molded Components Market Size and Volume Forecast by Types
     5.3.1. Natural Rubber (NR)
     5.3.2. Ethylene Propylene Diene Monomer (EPDM)
     5.3.3. Styrene-butadiene Rubber (SBR)
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Automotive Rubber Molded Components Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automotive Rubber Molded Components Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automotive Rubber Molded Components Demand Share Forecast, 2019-2026
7. North America Automotive Rubber Molded Components Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Automotive Rubber Molded Components Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automotive Rubber Molded Components Market Size and Volume Forecast by Types
     7.4.1. Natural Rubber (NR)
     7.4.2. Ethylene Propylene Diene Monomer (EPDM)
     7.4.3. Styrene-butadiene Rubber (SBR)
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automotive Rubber Molded Components Demand Share Forecast, 2019-2026
8. Latin America Automotive Rubber Molded Components Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Automotive Rubber Molded Components Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automotive Rubber Molded Components Market Size and Volume Forecast by Types
     8.4.1. Natural Rubber (NR)
     8.4.2. Ethylene Propylene Diene Monomer (EPDM)
     8.4.3. Styrene-butadiene Rubber (SBR)
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automotive Rubber Molded Components Demand Share Forecast, 2019-2026
9. Europe Automotive Rubber Molded Components Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Automotive Rubber Molded Components Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automotive Rubber Molded Components Market Size and Volume Forecast by Types
     9.4.1. Natural Rubber (NR)
     9.4.2. Ethylene Propylene Diene Monomer (EPDM)
     9.4.3. Styrene-butadiene Rubber (SBR)
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automotive Rubber Molded Components Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Rubber Molded Components Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automotive Rubber Molded Components Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automotive Rubber Molded Components Market Size and Volume Forecast by Types
     10.4.1. Natural Rubber (NR)
     10.4.2. Ethylene Propylene Diene Monomer (EPDM)
     10.4.3. Styrene-butadiene Rubber (SBR)
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automotive Rubber Molded Components Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Rubber Molded Components Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automotive Rubber Molded Components Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automotive Rubber Molded Components Market Size and Volume Forecast by Types
     11.4.1. Natural Rubber (NR)
     11.4.2. Ethylene Propylene Diene Monomer (EPDM)
     11.4.3. Styrene-butadiene Rubber (SBR)
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automotive Rubber Molded Components Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automotive Rubber Molded Components Market: Market Share Analysis
  12.2. Automotive Rubber Molded Components Distributors and Customers
  12.3. Automotive Rubber Molded Components Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. AB SKF
     12.4.2. ALP Group
     12.4.3. Bohra Rubber Pvt. Ltd
     12.4.4. Bony Polymers Pvt Ltd
     12.4.5. Continental AG
     12.4.6. Cooper-Standard Automotive

Methodology

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