Automotive window and exterior sealing market forecast to reach $40 billion by 2031
Wilmington, DE – The automotive window and exterior sealing market was estimated to have acquired US$ 26.6 billion in 2021. It is anticipated to register a 4.1% CAGR from 2022 to 2031 and by 2031, the market is likely to gain US$ 40.0 billion according to Transparency Market Research.
The key element driving the market for automotive window and exterior sealing is the automotive production growth. The steady increase in global automotive production is a primary factor driving the demand for window and exterior sealing solutions. There is a parallel rise in the requirement for sealing components to ensure proper insulation and weatherproofing, as more vehicles are manufactured.
The demand for automotive window and exterior sealing is also being driven by rising demand for electric vehicles (EVs). The growth of the electric vehicle market is creating new opportunities for window and exterior sealing manufacturers. EVs require specialized sealing solutions to protect sensitive electrical components and maintain energy efficiency.
The development of advanced sealing materials, such as EPDM rubber, silicone rubber, and thermoplastic elastomers, is enhancing the performance and durability of sealing systems. The materials offer better resistance to extreme temperatures, weather conditions, and chemicals.
Increasing consumer demand for customized vehicles is driving the market for aftermarket sealing solutions. Car owners often upgrade or replace sealing components to improve aesthetics, noise reduction, or weatherproofing.
The following companies are some well-known participants in the global automotive window and exterior sealing market:
Cooper-Standard Holdings, Inc.; DURA AUTOMOTIVE SYSTEMS; Henniges Automotive Holdings Inc.; Hutchinson SA; Lauren International Ltd.