Business

Global Plastic Bumpers Market 2019 is growing at a CAGR of 2.1% upto 2024 and expected to reach around USD 12900 million globally by 2024

Global Plastic Bumpers Market
Global Plastic Bumpers Market

Plastic Bumpers is usually a metal bar or beam, attached the vehicle’s front-most and rear-most ends, designed to absorb impact in a collision. The main function of a bumper is to protect the car’s body in a slight collision, typically at parking speed. Front and rear bumpers on today’s cars generally consist of a plastic cover over a reinforcement bar made of steel, aluminum, fiberglass composite or plastic.

Global sales of Plastic Bumpers is expected to be over 100 million units in 2016 and about 72% have been sales in China, Europe and North America regions. For the product types, Front Bumper occupies the largest market share (about 63% in 2016), and followed by Rear Bumper.

The Plastic Bumpers industry is concentrated; there are 11 manufacturers (about 82% of Asia-Pacific total sales) counted in the report. Major manufactures are Plastic Omnium, Magna, SMP, Tong Yang, Benteler, Hyundai Mobis, KIRCHHOFF, HuaYu Automotive, Seoyon E-Hwa, Flex-N-Gate, Toyoda Gosei, Jiangnan MPT, Rehau, Ecoplastic, Zhejiang Yuanchi and etc.

According to this study, over the next five years the Plastic Bumpers market will register a 2.1% CAGR in terms of revenue, the global market size will reach US$ 12900 million by 2024, from US$ 11300 million in 2019.

Global Plastic Bumpers Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Plastic Bumpers Industry report also provides essential attributes associated with Plastic Bumpers market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.

Obtain the Brochure of the Report: https://www.apexmarketsresearch.com/report/global-plastic-bumpers-market-by-product-type-front-88362/#sample

Global Plastic Bumpers Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Plastic Bumpers business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Plastic Bumpers market in-depth outlook by analyzing historical statistics and future prospect.

TOP MOST PLAYERS:
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

Market Segment by Type, covers:
Front Bumper
Rear Bumper

Market Segment by Applications, can be divided into:
Passenger Vehicle
Commercial Vehicle

Buying Inquiry: https://www.apexmarketsresearch.com/report/global-plastic-bumpers-market-by-product-type-front-88362/#inquiry

The prospective of this Plastic Bumpers industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Plastic Bumpers present market share and future prospects of the segment in terms of has also been explored in this report.

Global Plastic Bumpers market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Plastic Bumpers report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.

Conclusively, the Plastic Bumpers Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.

About the author

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Tim Coleman

With thorough interest in media and technology, I write about everything tech. Over the past 8 years, I have written numerous articles and research papers about international trade and consumer media. I also write opinion pieces about video games, internet, and evolving technology. My engineering degree in the field of information systems also helped a great deal in strengthening my interest and knowledge in the field of technology.

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