Global Automotive Plastic Bumper
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Automotive Plastic Bumper market size was USD 11.72 Billion In 2022 and it is forecasted to reach USD 15.79 Billion By 2030. Automotive Plastic Bumper Industry's Compound Annual Growth Rate will be 3.8 % from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Automotive Plastic Bumper market size was USD 11.72 Billion In 2022 and it is forecasted to reach USD 15.79 Billion By 2030. Automotive Plastic Bumper Industry's Compound Annual Growth Rate will be 3.8 % from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automotive Plastic Bumper Market Sales Revenue 2022 | $ 11.72 Billion |
Global Automotive Plastic Bumper Market Sales Revenue 2030 | $ 15.79 Billion |
Global Automotive Plastic Bumper Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.8% |
Market Split by Material Type |
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Market Split by Vehicle Type |
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Market Split by Distributional Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Automotive Plastic Bumper industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Plastic Bumper Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An automotive plastic bumper is a component of a vehicle's body that consists of plastic material and is located at the front or rear of the vehicle. Its main aim is to absorb impact during collisions and protect the vehicle's body from damage. In modern cars, the bumper is designed to crumple and deform upon impact, which helps to dissipate the force of the collision and reduce the case of injuries. Plastic is a popular material for bumper construction because it is lightweight, easy to mold into complex shapes, and relatively low cost.
Growing demand for lightweight components in automotive manufacturing along with increasing sales of vehicles is the main driving factor contributing to the growth of the automotive plastic bumper market during the forecast period. Plastic bumpers are usually less expensive to produce than metal bumpers, which can help reduce the overall cost of manufacturing a vehicle. Additionally, the rapid expansion of the automotive industry has driven market growth over the forecast period. However, the automotive plastic bumper is majorly requiring customized configurations and specialized equipment, which can make them more expensive than other types of material. Further, advancements in plastic molding and manufacturing techniques have made it possible to produce bumpers that are stronger and more durable than other materials, which has increased their popularity in the automotive industry. This is expected to create great opportunities for the market during the forecast period.
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Competitive Landscape includes company profiling of the key manufacturers listed below. It also provides the key developments such as new product launches, expansion, mergers & acquisitions, partnerships, agreements, joint ventures, business overview, key strategies and financial analysis associated with the key players. Strategy implemented to overcome the COVID-19 Impact will be discussed in the report scope. Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S.W.O.T Analysis, (To read more request the sample pages Or speak to analyst/author directly).
Top Companies Market Share in Automotive Plastic Bumper Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
As per CMR analysis, Asia Pacific is expected to dominate the automotive plastic bumper market during the forecast period. The growth of market is significantly growing in the region due to the increasing production of vehicles and the large presence of automotive component manufacturers. The increasing adoption of electric vehicles in the region is also driving the demand for lightweight components such as plastic bumpers. Electric vehicles need light components to improve their efficiency since many automakers are turning to plastic bumpers to reduce the significant amount of vehicle weight.
The current report Scope analyzes Automotive Plastic Bumper Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Automotive Plastic Bumper Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Plastic Bumper Industry growth. Automotive Plastic Bumper market has been segmented with the help of its Material Type, Vehicle Type Distributional Channel, and others. Automotive Plastic Bumper market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The polypropylene segment is a major revenue contributor in terms of material type, as this is a thermoplastic polymer that is increasingly used in the manufacturing of automotive plastic bumpers. It is widely adapted due to its excellent strength, toughness, and resistance to impact. The process of manufacturing a plastic bumper includes injection molding, where the polypropylene pellets are melted and injected into a mold to create the shape.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Plastic Bumper Industry. Request a Free Sample PDF!
Based on vehicle type, the passenger cars segment held a significant share in 2022 owing to automotive plastic bumpers being significantly used in passenger cars due to their several advantages over metal bumpers. Plastic bumpers are lightweight, which helps improve fuel efficiency, and they are also inexpensive to produce.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Automotive Plastic Bumper market report 2024 Edition by contacting our team.
Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that my skills remain sharp and relevant. I spearheaded research initiatives focused on market trends, customer behavior, and competitive landscapes. I have a demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams, I played a pivotal role in shaping successful projects that hinged on robust research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Plastic Bumper Market is witnessing significant growth in the near future.
In 2023, the Polypropylene (PP) segment accounted for noticeable share of global Automotive Plastic Bumper Market and is projected to experience significant growth in the near future.
The Passenger Cars segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Plastic Omnium, SMP and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Material Type | Polypropylene (PP), Polycarbonate (PC), Polybutylene Terephthalate (PBT), Acrylonitrile Butadiene Styrene (ABS) |
Vehicle Type | Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs) |
Distributional Channel | Original Equipment Manufacturers (OEMs), Aftermarket |
List of Competitors | Plastic Omnium, Magna, SMP, Tong Yang, Hyundai Mobis, KIRCHHOFF, HuaYu Automotive, Seoyon E-Hwa, Flex-N-Gate, Toyoda Gosei, Jiangnan MPT, Rehau, Ecoplastic, Zhejiang Yuanchi |
This chapter will help you gain GLOBAL Market Analysis of Automotive Plastic Bumper. Further deep in this chapter, you will be able to review Global Automotive Plastic Bumper Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Automotive Plastic Bumper Market Trends North America Automotive Plastic Bumper Technological Road Map North America Automotive Plastic Bumper Market Drivers North America Automotive Plastic Bumper Market Restraints North America Automotive Plastic Bumper Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Material Type Analysis 2019 -2031, will provide market size split by Material Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Material Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Vehicle Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Distributional Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Plastic Bumper market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Polypropylene (PP) have a significant impact on Automotive Plastic Bumper market? |
What are the key factors affecting the Polypropylene (PP) and Polycarbonate (PC) of Automotive Plastic Bumper Market? |
What is the CAGR/Growth Rate of Passenger Cars during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Plastic Bumper Market? |
Which region is expected to dominate the global Automotive Plastic Bumper Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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