123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Automobiles >> View Article

Automotive Window And Sealing Systems Market Set To Exhibit Tremendous Growth In Coming Years

Profile Picture
By Author: Rahul Gautam
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The increasing adoption of vehicles will boost the sales of automotive window and sealing systems in the coming years. The rapid urbanization in emerging economies, such as China, Indonesia, and India, has fueled the adoption of commercial and passenger vehicles in these countries. Moreover, the soaring disposable income of people in developed and developing nations will also propel vehicle sales in the coming years. Owing to this reason, the adoption of such systems will escalate in the near future.

In recent years, original equipment manufacturers (OEMs) have shown a great inclination toward lightweight sealants, due to the amplifying focus on lightweight vehicles. Such sealants help in increasing the fuel efficiency of vehicles, as weight reduction directly lowers the fuel usage. Moreover, advancements in the sealing technology have resulted in the production of high-performance engineered solutions for industrial, aerospace, and automotive sealing applications. These developments will accelerate the automotive window and sealing systems market growth at a CAGR of 7.6% during 2018–2025. The market has the potential ...
... to grow from $21.7 billion in 2017 to $38.7 billion by 2025.

According to P&S Intelligence, the Asia-Pacific (APAC) region led the automotive window and sealing systems market in the past, and it is expected to display the fastest growth in the coming years. This can be owed to the soaring disposable income and escalating gross domestic product (GDP) of developing countries, particularly India and China. Due to these reasons, the production and adoption of automobiles have significantly increased in these countries. The Society of Indian Automobile Manufacturers (SIAM) states that India produced 3,434,013 passenger vehicles and 752,022 commercial vehicles during Financial Year 2019–2020.

Thus, the surging adoption of passenger and commercial vehicles will accelerate the adoption of automotive widow and sealing systems in the coming years.

Total Views: 44Word Count: 290See All articles From Author

Add Comment

Automobiles Articles

1. Never-to-be-missed Essential Tips & Features For Two Tier Bicycle Racks
Author: Joseph Morgan

2. Fastest Everyday Bike – Ducati Streetfighter V4 And V4 S
Author: Ducati Infinity

3. These Tools Are Authentic You Get From Autel Uk Dealers Without Thinking Twice
Author: Kevin Edwards

4. Top Cars That Are Elderly Friendly For Travelling In Menorca
Author: binicar menorca

5. Best Electric Skateboards For Adults
Author: Lion James

6. Rugged To The Core: The Different Types Of Tyres An Armoured Vehicle Can Possess
Author: JCBL Armouring Solutions

7. Useful Tips On How To Improve Your Truck's Fuel Economy
Author: Oliver Bennet

8. Best Hoverboard For Heavy Adults| Urbanvs
Author: Lion James

9. Best Carbon Cleaner For Engines
Author: Best carbon cleaner for engines

10. Sell Your Car For Parts Or As A Whole In Sydney
Author: Omega Cash for Cars

11. The Chevy Engine: Read More About Its Components And Work
Author: Elitsa Shira

12. What Do You Need To Know About Scrap Metal Recycling In Sydney?
Author: Metal Force Recycling

13. Scrap Car Sydney: Why Is It Necessary To Recycle Scrap Cars?
Author: Metal Force Recycling

14. Copper Scrap Price: Sell Scrap Copper & Copper Wire Quickly For Cash In Sydney
Author: Metal Force Recycling

15. Best Paddleboard For Beginners
Author: Lion James

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: