Market Synopsis of India Automotive Door Seals: —
Automotive Seal is one of the most essential parts of the automotive industry. Automotive Door seals prevent water leakage, wind noise and make it easier to open or close the doors. The market of the automotive door seal is expected to witness significant growth in the forecast period due to the boom in the automotive industry across the globe. With recent technological developments and high end automotive and luxury vehicles witnessing high demand the automotive door seals market has immense growth potential. However, limited shelf life and design & installation issues are the major challenges which could hinder the growth of the market.
The India Automotive Door Seals market was valued at USD 917.0 million in 2015, and is expected to reach USD 1,557.2 million by 2027.
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Trelleborg (Sweden), Gold Seal Group (India), Cooper Standard (U.S.), Toyoda Gosei (Japan), ALP Nishikawa (India), HSI Automotives (India) and Bohara Rubber (India) are some of the leading players operating in this market.
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 India Automotive Door Seals Market, By Type
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Regional Analysis of India Automotive Door Seals Market:
The north region acquired the highest market share of 42.1% in 2015 and is projected to grow at 5.09% CAGR during the forecast period. The market mainly dominates due to the existence of big players such as Maruti Suzuki and Hyundai in the region. While, western region is the second largest market, which is expected to grow at 5.19% CAGR.
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