Automotive Exterior Materials Market to accumulate substantial growth by 2025

October 16, 2019

According to the new research report available at under the title ‘Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Automotive Exterior Materials Market 2018, Forecast to 2023’, the worldwide automotive exterior materials market is presumed to register a significant growth by the year 2025.

Automotive exterior materials are the materials which are used in the production of automobile’s body. Demand for automotive exterior material is expected to increase during the projected time period due to the factors such as rising demand for fuel efficiency and strict emission rules by government which are fueling the need for light weight vehicles. Adoption of better aerodynamical designs, along with the overall reduction of automobiles will propel the growth of automotive exterior materials market. 

According to the report, details about the production and consumption graphs, coupled with segmental growth over the forecast timeframe have been outlined. The report also offers a comprehensive insight about the trends, drivers, challenges, segmental growth and opportunities impacting the industry growth.

The worldwide automotive exterior materials market is analyzed on the basis of product type, application spectrum and regional landscape. Speaking of the product type, the market is fragmented as aluminum, glass composites, steel, carbon composites, and plastics. While considering the application spectrum, the market is segmented as bumpers, tailgates, doors, fenders, and hoods.

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Based on the regional landscape, automotive exterior materials market is divided into five major regions; Russia, Germany, France, Italy, and UK fall under Europe; North America comprise of Mexico, United States, and Canada; Asia Pacific consists of China, Japan, India, Southeast Asia, and Korea; Brazil, Colombia, and Argentina come under South America; and Middle East & Africa is split into Saudi Arabia, Nigeria, Egypt, South Africa and UAE.

The prominent manufacturers operating in automotive exterior materials market include Trinseo S.A., Magna International, Inc., DURA Automotive Systems LLC, Kirchhoff Automotive GmbH, Toyota Boshoku Corporation, Flex-N-Gate Corporation, Grupo Antolin,Gestamp Automoción, Plastic Omnium Co., and Toyoda Gosei Co. Ltd.