Global Automotive Windows and Exterior Sealing Market was valued US$ XX Bn in 2018 and is expected to reach US$ 39.2 Bn by 2026, at a XX% CAGR of around during a forecast period.
The global rise in vehicle production of the fastest developing economies and developed economies gives the thrust for automotive sealant growth. The growth mainly contributes to worldwide vehicle production of US$ XX Mn units in last year compared to US$ XX Mn units in 2018.
Increasing preference of OEMs toward lightweight sealants is the current trend witnessed in the market for automotive window and sealing systems. The foremost challenge automotive industry facing, then and now are improvisation of fuel efficiency, manufacturers not only emphasis on engine efficiency, they also modifying structural body design of the vehicle and using lightweight components.
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- Category: Law
- Tags: global automotive windows and exterior sealing marke