Automotive Plastic Bumper Market Report: Segmented by Capacity/Rating, End User, Application, and Country – Growth, Trends, and Forecast (2017 – 2022)

Fact.MR

Dublin 2, Ireland, 2018-Apr-18 — /EPR Network/ — The global market discussion on automotive plastic bumper industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Automotive Plastic Bumper Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on automotive plastic bumper market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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In the view of changing norms on production of automobiles, automotive plastic bumpers are expected to remain a pivotal part in the automaking businesses. 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.

Following forecast highlights offer a detailed outlook on future of global automotive plastic bumpers market during 2017-2022.

1. In 2017, more than US$ 3 Bn worth of automotive plastic bumpers are expected to be sold across the Asia-Pacific excluding Japan (APEJ) region. Countries such as India, South Korea and China are observed to be global hubs in automobile manufacturing. The presence of APEJ region on the global automotive plastic bumpers market is likely to remain dominant throughout the forecast period.

2. In North America, the sales of automotive plastic bumpers will witness a considerable rise in production of passenger cars. By the end of 2022, North America’s automotive plastic bumpers market will surpass US$ 2.8 Bn in value, reflecting the resurgence of automotive industry across Canada and the US.

3. Europe is also expected to be at the front end of global automotive plastic bumpers market expansion. During the forecast period, revenues amassed from sales of automotive plastic bumpers across European countries is likely to exhibit a moderate CAGR.

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.

Automotive plastic bumpers priced below US$ 300 are expected to be prominent in the sales recorded by OEMs. The demand for low prices automotive plastic bumpers is likely to remain high on the grounds of rising efforts of automobile manufacturers towards cost-cutting. While luxury car manufacturers will opt for high-priced automotive plastic bumpers, a majority of the market will witness prominence of low-priced automotive plastic bumpers. Between 2017 and 2022, the low-priced automotive plastic bumpers segment is expected to witness a lucrative incremental opportunity of nearly US$ 1.5 Bn.

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 Content:

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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