The automotive window and exterior sealing market size has grown strongly in recent years. It will grow from $24.54 billion in 2023 to $26.53 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. During the historical period, growth was driven by expanding vehicle production, stringent safety standards in the automotive sector, consumer preferences for reduced noise levels, a growing focus on enhancing vehicle aesthetics, and the globalization of supply chains within the automotive industry.
The automotive window and exterior sealing market size is expected to see strong growth in the next few years. It will grow to $35.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. In the upcoming forecast period, growth is expected due to increased adoption of autonomous vehicles, the enforcement of strict environmental regulations, heightened demand for weather-resistant features, emphasis on energy-efficient vehicle solutions, and innovations in the manufacturing processes of seals. Key trends projected for this period include advancements in seal technologies, the emergence of self-healing seal innovations, customized offerings tailored for luxury and premium vehicles, integration of advanced materials, and collaborative efforts aimed at driving innovation in the industry.
The anticipated growth in commercial vehicle sales is set to drive the expansion of the automotive window and exterior sealing market. Commercial vehicles, designed for transporting goods or passengers for profit, require effective sealing systems to safeguard their interiors and exteriors from noise, dirt, and rainwater. Notably, commercial vehicle production experienced a substantial increase, rising by 46.9% to reach 58,693 units in 2022, as reported by The Society of Motor Manufacturers and Traders. Additionally, Fleet Europe noted a 21.4% surge in light commercial vehicle sales, reaching 355,380 units in 2021 compared to the previous year. This robust growth in commercial vehicle sales underscores the driving force behind the automotive window and exterior sealing market.
The automotive window and exterior sealing market is poised for growth with the increasing production of vehicles. As vehicles play a pivotal role in transportation, the sealing systems become integral for providing weather resistance, reducing noise, and ensuring structural integrity. The Federal Reserve System reported a notable uptick in car production in the United States, reaching 11.87 million units in August 2023, up from 10.91 million units in June 2023. Similarly, the European Automobile Manufacturers Association recorded a global production of around 85.4 million motor vehicles in 2022, marking a 5.7% increase from the previous year. The surge in vehicle production acts as a key driver propelling the automotive window and exterior sealing market.
A prominent trend in the automotive window and exterior sealing market is the focus on product innovations by major industry players. Companies are introducing cutting-edge products to enhance their position in the market. For instance, Goobi Glass LLC, a US-based manufacturer of automotive glasses, launched the world's first patented technology for colored glass in February 2022. This innovation is suitable for various automotive applications, including sunroofs, windows, and windshields, offering a spectrum of 75 distinct shades with the option to customize over 18,000 different colors. Goobi Glass aims to provide not only aesthetic enhancements for vehicles but also the advantages of chromotherapy, aligning with the trend of innovative solutions in the automotive window and exterior sealing market.
Leading companies in the automotive window and exterior sealing market are strategically focusing on introducing innovative sealants to gain a competitive advantage. These innovative sealants involve advanced materials or substances designed to create effective and durable seals for various applications. An illustrative example is the case of Caltex, a Singapore-based automobile company, which, in July 2021, launched the patent-pending product ResistAll 360. This groundbreaking product incorporates a combination of graphene and ceramic technology to deliver smooth, long-lasting exterior protection. By sealing microscopic pores on the vehicle's clear coat surface, ResistAll 360 provides comprehensive coverage, protecting all 360 degrees of the vehicle, from its interior to its exterior and from top to bottom. The product line includes spray-on paint sealant, fabric sealant, and leather vinyl sealant, showcasing a holistic approach to vehicle protection.
In April 2021, Safelite Group, a US-based company specializing in vehicle glass repair, replacement, and calibration services, acquired Troy Auto Glass Co Inc for an undisclosed amount. This acquisition is anticipated to foster the growth of Troy Auto Glass by providing access to sophisticated safety systems, an extensive distribution network, and leveraging commercial ties facilitated by Safelite Group. Troy Auto Glass Co Inc, a US-based service provider, is engaged in automotive glass repair, replacement, and exterior sealing services. This strategic acquisition exemplifies the industry's emphasis on synergies and growth opportunities through mergers and acquisitions, reflecting the competitive landscape of the automotive window and exterior sealing market.
Major companies operating in the automotive window and exterior sealing market report are Microsoft Corporation, Google LLC, Sony Corporation, Magic Leap Incorporated, Wikitude GmbH, Zugara Inc., Apple Inc., Blippar Limited, Infinity Augmented Reality Limited, Niantic Inc., Zappar Limited., PTC Inc., Daqri LLC, Lenovo, Seiko Epson, Vuzix, Alphabet Inc., Meta Platforms Inc., Snapchat, HP Autonomy, Augment, Marxent, Catchoom, Vuforia (PTC), ViewAR, Upskill, Scope AR, Adtile Technologies, Inlighten, Total Immersion, Re’Flekt, Vertebrae, 8th Wall Inc., Mirum Agency, INDEstry, Third Aurora.
North America was the largest region in the automotive window and exterior sealing market in 2023. Asia-Pacific is expected to be the automotive window and exterior sealing market during the fastest-growing region in the forecast period. The regions covered in the automotive window and exterior sealing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive window and exterior sealing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories in automotive window and exterior sealing are exterior sealing, glass run channel seals, and roof ditch molding seals. Roof moldings are decorative components covering gaps between roof and side panels. These components cater to various vehicle types such as passenger vehicles, light commercial vehicles, heavy vehicles, and electric vehicles, serving both aftermarket and OEM needs.
The automotive window and exterior sealing market research report is one of a series of new reports that provides automotive window and exterior sealing market statistics, including automotive window and exterior sealing industry global market size, regional shares, competitors with an automotive window and exterior sealing market share, detailed automotive window and exterior sealing market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive window and exterior sealing industry. This automotive window and exterior sealing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automotive window and exterior sealing market size is expected to see strong growth in the next few years. It will grow to $35.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. In the upcoming forecast period, growth is expected due to increased adoption of autonomous vehicles, the enforcement of strict environmental regulations, heightened demand for weather-resistant features, emphasis on energy-efficient vehicle solutions, and innovations in the manufacturing processes of seals. Key trends projected for this period include advancements in seal technologies, the emergence of self-healing seal innovations, customized offerings tailored for luxury and premium vehicles, integration of advanced materials, and collaborative efforts aimed at driving innovation in the industry.
The anticipated growth in commercial vehicle sales is set to drive the expansion of the automotive window and exterior sealing market. Commercial vehicles, designed for transporting goods or passengers for profit, require effective sealing systems to safeguard their interiors and exteriors from noise, dirt, and rainwater. Notably, commercial vehicle production experienced a substantial increase, rising by 46.9% to reach 58,693 units in 2022, as reported by The Society of Motor Manufacturers and Traders. Additionally, Fleet Europe noted a 21.4% surge in light commercial vehicle sales, reaching 355,380 units in 2021 compared to the previous year. This robust growth in commercial vehicle sales underscores the driving force behind the automotive window and exterior sealing market.
The automotive window and exterior sealing market is poised for growth with the increasing production of vehicles. As vehicles play a pivotal role in transportation, the sealing systems become integral for providing weather resistance, reducing noise, and ensuring structural integrity. The Federal Reserve System reported a notable uptick in car production in the United States, reaching 11.87 million units in August 2023, up from 10.91 million units in June 2023. Similarly, the European Automobile Manufacturers Association recorded a global production of around 85.4 million motor vehicles in 2022, marking a 5.7% increase from the previous year. The surge in vehicle production acts as a key driver propelling the automotive window and exterior sealing market.
A prominent trend in the automotive window and exterior sealing market is the focus on product innovations by major industry players. Companies are introducing cutting-edge products to enhance their position in the market. For instance, Goobi Glass LLC, a US-based manufacturer of automotive glasses, launched the world's first patented technology for colored glass in February 2022. This innovation is suitable for various automotive applications, including sunroofs, windows, and windshields, offering a spectrum of 75 distinct shades with the option to customize over 18,000 different colors. Goobi Glass aims to provide not only aesthetic enhancements for vehicles but also the advantages of chromotherapy, aligning with the trend of innovative solutions in the automotive window and exterior sealing market.
Leading companies in the automotive window and exterior sealing market are strategically focusing on introducing innovative sealants to gain a competitive advantage. These innovative sealants involve advanced materials or substances designed to create effective and durable seals for various applications. An illustrative example is the case of Caltex, a Singapore-based automobile company, which, in July 2021, launched the patent-pending product ResistAll 360. This groundbreaking product incorporates a combination of graphene and ceramic technology to deliver smooth, long-lasting exterior protection. By sealing microscopic pores on the vehicle's clear coat surface, ResistAll 360 provides comprehensive coverage, protecting all 360 degrees of the vehicle, from its interior to its exterior and from top to bottom. The product line includes spray-on paint sealant, fabric sealant, and leather vinyl sealant, showcasing a holistic approach to vehicle protection.
In April 2021, Safelite Group, a US-based company specializing in vehicle glass repair, replacement, and calibration services, acquired Troy Auto Glass Co Inc for an undisclosed amount. This acquisition is anticipated to foster the growth of Troy Auto Glass by providing access to sophisticated safety systems, an extensive distribution network, and leveraging commercial ties facilitated by Safelite Group. Troy Auto Glass Co Inc, a US-based service provider, is engaged in automotive glass repair, replacement, and exterior sealing services. This strategic acquisition exemplifies the industry's emphasis on synergies and growth opportunities through mergers and acquisitions, reflecting the competitive landscape of the automotive window and exterior sealing market.
Major companies operating in the automotive window and exterior sealing market report are Microsoft Corporation, Google LLC, Sony Corporation, Magic Leap Incorporated, Wikitude GmbH, Zugara Inc., Apple Inc., Blippar Limited, Infinity Augmented Reality Limited, Niantic Inc., Zappar Limited., PTC Inc., Daqri LLC, Lenovo, Seiko Epson, Vuzix, Alphabet Inc., Meta Platforms Inc., Snapchat, HP Autonomy, Augment, Marxent, Catchoom, Vuforia (PTC), ViewAR, Upskill, Scope AR, Adtile Technologies, Inlighten, Total Immersion, Re’Flekt, Vertebrae, 8th Wall Inc., Mirum Agency, INDEstry, Third Aurora.
North America was the largest region in the automotive window and exterior sealing market in 2023. Asia-Pacific is expected to be the automotive window and exterior sealing market during the fastest-growing region in the forecast period. The regions covered in the automotive window and exterior sealing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive window and exterior sealing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories in automotive window and exterior sealing are exterior sealing, glass run channel seals, and roof ditch molding seals. Roof moldings are decorative components covering gaps between roof and side panels. These components cater to various vehicle types such as passenger vehicles, light commercial vehicles, heavy vehicles, and electric vehicles, serving both aftermarket and OEM needs.
The automotive window and exterior sealing market research report is one of a series of new reports that provides automotive window and exterior sealing market statistics, including automotive window and exterior sealing industry global market size, regional shares, competitors with an automotive window and exterior sealing market share, detailed automotive window and exterior sealing market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive window and exterior sealing industry. This automotive window and exterior sealing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Window and Exterior Sealing Market Characteristics3. Automotive Window and Exterior Sealing Market Trends and Strategies31. Global Automotive Window and Exterior Sealing Market Competitive Benchmarking32. Global Automotive Window and Exterior Sealing Market Competitive Dashboard33. Key Mergers and Acquisitions in the Automotive Window and Exterior Sealing Market
4. Automotive Window and Exterior Sealing Market - Macro Economic Scenario
5. Global Automotive Window and Exterior Sealing Market Size and Growth
6. Automotive Window and Exterior Sealing Market Segmentation
7. Automotive Window and Exterior Sealing Market Regional and Country Analysis
8. Asia-Pacific Automotive Window and Exterior Sealing Market
9. China Automotive Window and Exterior Sealing Market
10. India Automotive Window and Exterior Sealing Market
11. Japan Automotive Window and Exterior Sealing Market
12. Australia Automotive Window and Exterior Sealing Market
13. Indonesia Automotive Window and Exterior Sealing Market
14. South Korea Automotive Window and Exterior Sealing Market
15. Western Europe Automotive Window and Exterior Sealing Market
16. UK Automotive Window and Exterior Sealing Market
17. Germany Automotive Window and Exterior Sealing Market
18. France Automotive Window and Exterior Sealing Market
19. Italy Automotive Window and Exterior Sealing Market
20. Spain Automotive Window and Exterior Sealing Market
21. Eastern Europe Automotive Window and Exterior Sealing Market
22. Russia Automotive Window and Exterior Sealing Market
23. North America Automotive Window and Exterior Sealing Market
24. USA Automotive Window and Exterior Sealing Market
25. Canada Automotive Window and Exterior Sealing Market
26. South America Automotive Window and Exterior Sealing Market
27. Brazil Automotive Window and Exterior Sealing Market
28. Middle East Automotive Window and Exterior Sealing Market
29. Africa Automotive Window and Exterior Sealing Market
30. Automotive Window and Exterior Sealing Market Competitive Landscape and Company Profiles
34. Automotive Window and Exterior Sealing Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Automotive Window and Exterior Sealing Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive window and exterior sealing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for automotive window and exterior sealing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:1) By Component Type: Exterior Sealing; Glass Run Channel Seals; Roof Ditch Molding Seals
2) By Vehicle Type: Passenger Vehicle; Light Commercial Vehicles; Heavy Vehicles; Electric Vehicle
3) By Application: Aftermarket; OEM(Original Equipment Manufacturer)
Companies Mentioned: Microsoft Corporation; Google LLC; Sony Corporation; Magic Leap Incorporated; Wikitude GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Microsoft Corporation
- Google LLC
- Sony Corporation
- Magic Leap Incorporated
- Wikitude GmbH
- Zugara Inc.
- Apple Inc.
- Blippar Limited
- Infinity Augmented Reality Limited
- Niantic Inc.
- Zappar Limited.
- PTC Inc.
- Daqri LLC
- Lenovo
- Seiko Epson
- Vuzix
- Alphabet Inc.
- Meta Platforms Inc.
- Snapchat
- HP Autonomy
- Augment
- Marxent
- Catchoom
- Vuforia (PTC)
- ViewAR
- Upskill
- Scope AR
- Adtile Technologies
- Inlighten
- Total Immersion
- Re’Flekt
- Vertebrae
- 8th Wall Inc.
- Mirum Agency
- INDEstry
- Third Aurora