Automotive Window and Exterior Sealing Systems Market Worth 58,323.0 Million USD by 2020

PUNE, India, September 2, 2015 /PRNewswire/ --

The report "Automotive Window and Exterior Sealing Systems Market by Type (Glass Run Channel, Roof Ditch Molding & Exterior Sealing), Vehicle Type (Passenger Car, LCV & HCV), & by Region (Asia-Pacific, Europe, North America & RoW) - Global Trends and Forecast to 2020", The global Automotive Window and Exterior Sealing Systems Market is projected to grow at a CAGR of 7.08% from 2015 to 2020 to reach USD 58,323.0 Million by 2020.

Browse 66 Tables and 55 Figures spread through 132 Pages and in-depth TOC on "Automotive Window and Exterior Sealing Systems Market"

http://www.marketsandmarkets.com/Market-Reports/automotive-window-exterior-sealing-system-market-26941197.html

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The market report defines and segments the Automotive Window and Exterior Sealing Systems Market, with an analysis and forecast of the global market size, by volume and value.

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Asia-Pacific: The Fastest-growing market, by value, for window and exterior sealing systems 

The Asia-Pacific region comprises countries such as China, India, Japan, and South Korea. Recent infrastructure developments and industrialization activities in these countries present new avenues, opportunities, and markets for OEMs. The demand for passenger cars is growing in these regions, triggered by an increase in the per capita income and demand for luxury. The infrastructural developments and industrial investments have also propelled growth of commercial vehicles and consequently, glass run channel, roof ditch molding, and exterior sealing in the region.

Europe: A stable market for window and exterior sealing systems 

Western Europe is a mature market for the automotive industry. However, the European automotive industry registered a negative CAGR after the Euro Crisis of 2008. The industry stared recovering at a rapid rate after 2013 and accounted for over 30% of all passenger cars manufactured globally. Global demand for vehicles "Made in Germany" remains strong, with exports accounting for three quarters of all domestic vehicle production. This is expected to drive the market for window and exterior sealing systems in Europe.

North America: A key market for window and exterior sealing systems 

The North American region comprises the U.S., Canada, and Mexico; it is also a technologically advanced and mature automotive market. Several OEMs are setting up manufacturing facilities in Mexico, citing economical labor and low production costs. This has increased the vehicle production volume of the country, thereby increasing the demand for window and exterior sealing systems.

The report covers the global automotive window and exterior sealing system market in terms of volume ('000 units) and value (USD Million) across the regions of Asia-Pacific, Europe, North America, and the rest of the world (RoW). It explains the qualitative and quantitative aspects of the Automotive Window and Exterior Sealing Systems Market. The report briefly forecasts the market on the basis of region, system type, and vehicle type from 2015 to 2020.

It also provides an overview of value chain analysis, Porter's Five Forces analysis, a competitive landscape, and company profiles. In addition to this, 10 key players from the automotive window and exterior sealing systems industry have been profiled.

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