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The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Automotive Trim Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Automotive Trim market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
The global automotive trims market was valued at $25.68 billion in 2019, and is projected to reach $43.35 billion by 2027, registering a CAGR of 6.9%. Asia-Pacific was the highest revenue contributor, accounting for $7.53 billion in 2019, and is estimated to reach $13.21 billion by 2027, with a CAGR of 7.4%. Asia-Pacific and Europe collectively accounted for around 53.5% share in 2019, with the former constituting around 29.4% share.
Automotive trims are the plastic components installed in the vehicle to provide a better look and features to the vehicle. Trims used in a vehicle describe the special features of the vehicle. Numerous components such as front & rear bumpers, dashboards, and similar others installed in a vehicle describe different trims, which have a wider application in a vehicle. Numerous automotive component manufacturers have developed and introduced lightweight and strong automotive components, which are made of different polymers. These components have a wider application in an automobile, which effectively leads toward the growth of the global automotive trim market.
The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Automotive Trim market are included as given below:
Draexlmaier Group
Dura Automotive Systems Inc.
Gemini Group Inc.
GRONBACH
Grupo Antolin
Intenational Automotive Components
Kasai Kogyo Co., Ltd.
STS Group
Toyata Boshoku Corp.
Trinseo
TS Tech Co. Ltd
The global Automotive Trim market has been segmented as below:
By Material type
Acrylonitrile Butadiene Styrene (ABS)
Polypropylene (PP)
Polyoxymethylene (POM)
Thermoplastic Elastomer (TPE)
Others
By Interior Application
Dashboard
Door Panel
Others
By Exterior Application
Bumpers
Door & Window Seals
Others
By Vehicle Type
ICE Passenger Vehicle
ICE Commercial Vehicle
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)
By End Use
Original Equipment Manufacturers (OEMs)
Aftermarket
By Region
North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
Reasons to Purchase this Report:
Estimates Automotive Trim development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects