Automotive Bushing Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Automotive Bushing Market
The global automotive bushing market size was valued at USD 159.18 billion in 2023, and the market is now projected to grow from USD 164.38 billion in 2024 to USD 253.93 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period (2024-2032).
During the COVID-19 pandemic, many vehicle producers either halted or decreased manufacturing. This slowdown in production affected the demand for diverse automotive additives along with bushings. The automotive industry, consisting of many others, experienced disruptions in deliver chains because of lockdowns and regulations followed by means of factory closures. Hence to conclude, the global pandemic had a negative effect on the automotive bushing market growth.
Automotive brushing acts as a cushion between various components that control the motion among the joints at the same time as reducing the noise and harness. The automobile brushing marketplace boom is attributed to the surging automobile production, growing popularity of light-weight motors, and speedy shift towards EV. The improved adoption of luxurious cars brought about the excessive demand for automotive brushings because of the want for comfort. This is driving the automotive bushing market share.
The rising demand for noise, vibrations, and harness (NVH) evaluation techniques to research automobile performance is the latest trend seen in automotive brushings industry. NVH permits measuring and editing passenger and business automobile noise and vibration characteristics. The NVH evaluation enables car producers enhance the layout manner of new motors.
Comprehensive Analysis of Automotive Bushing Market
The automotive bushing market is remarkably growing at a fast pace owing to its market segmentation. These market segmentations are fragmented into application analysis, end-use analysis, and region. Based on application analysis, suspension segment takes lead. Whereas, in terms of end-use analysis, passenger car (PC) holds the largest market share.
Based on regional analysis, the Asia Pacific regional market dominates the global automotive bushing industry. The region held the highest market share in 2023 owing to rapid growth and development of the automotive industry. Additionally, countries such as India, and China, has government initiatives that help them setting up advanced manufacturing facilities. The surging demand for heavy commercial vehicles in the region also fuels the market growth.
The aggressive landscape includes many important and revolutionary key entities imparting automotive bushing solutions. The key players working in the marketplace pay attention to developing progressive bushing in order to cater to the hastily converting car bushing industry demand. These companies include, Continental AG (Germany), ZF Freidrichshafen AG (Germany), Jotex Rubber Industrial Co., Ltd. (Taiwan), Sumitomo Riko Company Limited (Japan), DuPont de Nemours, Inc. (U.S.), BOGE Rubber & Plastics (Belgium), Vibracoustic SE (Germany), Hyundai Polytech India Pvt. Ltd. (India), Nolathane (Australia), Hutchinson Paulstra (France).
In February 2023, a leading German automotive component manufacturer, Vibracoustic improvised the new chassis bushings for its battery-based EV. This development in BEV unique chassis mount helped EV to mitigate problems along with multiplied vehicle weight and other noise and vibration troubles.
Segmentation Table
Automotive Bushing Market Scope
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.59% from 2024-2032
Unit Value (USD Billions)
Segmentation By Application, By End-Use, By Geography
By Application Suspension
Engine
Chassis
Interior
Exhaust
Transmission
By End-Use Passenger Cars (PC)
Commercial Vehicles
By Geography North America (By Application, By End-Use)
- U.S.(By Application, By End-Use)
- Canada (By Application, By End-Use)
- Mexico (By Application, By End-Use)
Europe (By Application, By End-Use)
- Germany (By Application, By End-Use)
- France (By Application, By End-Use)
- U.K. (By Application, By End-Use)
- Rest of Europe (By Application, By End-Use)
Asia Pacific (By Application, By End-Use)
- China (By Application, By End-Use)
- Japan (By Application, By End-Use)
- India (By Application, By End-Use)
- South Korea (By Application, By End-Use)
- Rest of Asia Pacific (By Application, By End-Use)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments –Mergers, Acquisitions and Partnerships
- 4.2. Porters Five Forces Analysis
- 4.3. Technological Development
- 4.4. Impact of Covid-19
- 5. Global Automotive Bushing Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Definitions
- 5.2. Market Analysis, Insights and Forecast – By Application
- 5.2.1. Suspension
- 5.2.2. Engine
- 5.2.3. Chassis
- 5.2.4. Interior
- 5.2.5. Exhaust
- 5.2.6. Transmission
- 5.3. Market Analysis, Insights and Forecast – By End-use
- 5.3.1. Passenger Car
- 5.3.2. Commercial Vehicle
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia pacific
- 5.4.4. Rest of the world
- 6. North America Automotive Bushing Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast – By Application
- 6.1.1. Suspension
- 6.1.2. Engine
- 6.1.3. Chassis
- 6.1.4. Interior
- 6.1.5. Exhaust
- 6.1.6. Transmission
- 6.2. Market Analysis, Insights and Forecast – By End-use
- 6.2.1. Passenger Car
- 6.2.2. Commercial Vehicle
- 6.3. Market Analysis – By Country
- 6.3.1. The U.S.
- 6.3.1.1. By Application
- 6.3.1.2. By End-use
- 6.3.2. Canada
- 6.3.2.1. By Application
- 6.3.2.2. By End-use
- 6.3.3. Mexico
- 6.3.3.1. By Application
- 6.3.3.2. By End-use
- 7. Europe Automotive Bushing Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast – By Application
- 7.1.1. Suspension
- 7.1.2. Engine
- 7.1.3. Chassis
- 7.1.4. Interior
- 7.1.5. Exhaust
- 7.1.6. Transmission
- 7.2. Market Analysis, Insights and Forecast – By End-use
- 7.2.1. Passenger Car
- 7.2.2. Commercial Vehicle
- 7.3. Market Analysis – By Country
- 7.3.1. The U.K
- 7.3.1.1. By Application
- 7.3.1.2. By End-use
- 7.3.2. Germany
- 7.3.2.1. By Application
- 7.3.2.2. By End-use
- 7.3.3. France
- 7.3.3.1. By Application
- 7.3.3.2. By End-use
- 7.3.4. Rest of Europe
- 7.3.4.1. By Application
- 7.3.4.2. By End-use
- 8. Asia Pacific Automotive Bushing Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast – By Application
- 8.1.1. Suspension
- 8.1.2. Engine
- 8.1.3. Chassis
- 8.1.4. Interior
- 8.1.5. Exhaust
- 8.1.6. Transmission
- 8.2. Market Analysis, Insights and Forecast – By End-use
- 8.2.1. Passenger Car
- 8.2.2. Commercial Vehicle
- 8.3. Market Analysis – By Country
- 8.3.1. China
- 8.3.1.1. By Application
- 8.3.1.2. By End-use
- 8.3.2. India
- 8.3.2.1. By Application
- 8.3.2.2. By End-use
- 8.3.3. Japan
- 8.3.3.1. By Application
- 8.3.3.2. By End-use
- 8.3.4. South Korea
- 8.3.4.1. By Application
- 8.3.4.2. By End-use
- 8.3.5. Rest of Asia Pacific
- 8.3.5.1. By Application
- 8.3.5.2. By End-use
- 9. Rest of the World Automotive Bushing Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast – By Application
- 9.1.1. Suspension
- 9.1.2. Engine
- 9.1.3. Chassis
- 9.1.4. Interior
- 9.1.5. Exhaust
- 9.1.6. Transmission
- 9.2. Market Analysis, Insights and Forecast – By End-use
- 9.2.1. Passenger Car
- 9.2.2. Commercial Vehicle
- 10. Competitive Analysis
- 10.1. Key Industry Development
- 10.2. Global Market Ranking Analysis (2023)
- 10.3. Competition Dashboard
- 10.4. Comparative Analysis – Major Players
- 10.5. Company Profiles ( , , , , )
- 10.5.1. Continental AG (Germany)
- 10.5.1.1. Overview
- 10.5.1.2. Products & services
- 10.5.1.3. SWOT analysis
- 10.5.1.4. Recent developments
- 10.5.1.5. strategies
- 10.5.1.6. financials (based on availability)
- 10.5.2. ZF Friedrichshafen AG (Germany)
- 10.5.2.1. Overview
- 10.5.2.2. Products & services
- 10.5.2.3. SWOT analysis
- 10.5.2.4. Recent developments
- 10.5.2.5. strategies
- 10.5.2.6. financials (based on availability)
- 10.5.3. Jotex Rubber Industrial Co., Ltd. (Taiwan)
- 10.5.3.1. Overview
- 10.5.3.2. Products & services
- 10.5.3.3. SWOT analysis
- 10.5.3.4. Recent developments
- 10.5.3.5. strategies
- 10.5.3.6. financials (based on availability)
- 10.5.4. Sumitomo Riko Company Limited (Japan)
- 10.5.4.1. Overview
- 10.5.4.2. Products & services
- 10.5.4.3. SWOT analysis
- 10.5.4.4. Recent developments
- 10.5.4.5. strategies
- 10.5.4.6. financials (based on availability)
- 10.5.5. DuPont de Nemours, Inc. (U.S.)
- 10.5.5.1. Overview
- 10.5.5.2. Products & services
- 10.5.5.3. SWOT analysis
- 10.5.5.4. Recent developments
- 10.5.5.5. strategies
- 10.5.5.6. financials (based on availability)
- 10.5.6. BOGE Rubber & Plastics (Belgium)
- 10.5.6.1. Overview
- 10.5.6.2. Products & services
- 10.5.6.3. SWOT analysis
- 10.5.6.4. Recent developments
- 10.5.6.5. strategies
- 10.5.6.6. financials (based on availability)
- 10.5.7. Vibracoustic SE (Germany)
- 10.5.7.1. Overview
- 10.5.7.2. Products & services
- 10.5.7.3. SWOT analysis
- 10.5.7.4. Recent developments
- 10.5.7.5. strategies
- 10.5.7.6. financials (based on availability)
- 10.5.8. Hyundai Polytech India Pvt. Ltd. (India)
- 10.5.8.1. Overview
- 10.5.8.2. Products & services
- 10.5.8.3. SWOT analysis
- 10.5.8.4. Recent developments
- 10.5.8.5. strategies
- 10.5.8.6. financials (based on availability)
- 10.5.9. Nolathane (Australia)
- 10.5.9.1. Overview
- 10.5.9.2. Products & services
- 10.5.9.3. SWOT analysis
- 10.5.9.4. Recent developments
- 10.5.9.5. strategies
- 10.5.9.6. financials (based on availability)
- 10.5.10. Hutchinson Paulstra (France)
- 10.5.10.1. Overview
- 10.5.10.2. Products & services
- 10.5.10.3. SWOT analysis
- 10.5.10.4. Recent developments
- 10.5.10.5. strategies
- 10.5.10.6. financials (based on availability)
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