Global Plastic Bumpers Market Growth 2023-2029

Global Plastic Bumpers Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Plastic Bumpers Industry Forecast” looks at past sales and reviews total world Plastic Bumpers sales in 2022, providing a comprehensive analysis by region and market sector of projected Plastic Bumpers sales for 2023 through 2029. With Plastic Bumpers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plastic Bumpers industry.
This Insight Report provides a comprehensive analysis of the global Plastic Bumpers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plastic Bumpers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plastic Bumpers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plastic Bumpers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plastic Bumpers.
The global Plastic Bumpers market size is projected to grow from US$ 12160 million in 2022 to US$ 14240 million in 2029; it is expected to grow at a CAGR of 14240 from 2023 to 2029.
Global Plastic Bumpers key players include Plastic Omnium, Magna, SMP, Tong Yang, Hyundai Mobis etc. Global top five manufacturers hold a share over 30%.
Europe is the largest market, with a share over 25%, followed by China and North America, both have a share over 40% percent.
In terms of product, Front Bumper is the largest segment, with a share over 60%. And in terms of application, the largest application is Passenger Vehicle followed by Commercial Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Bumpers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Front Bumper
Rear Bumper
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Plastic Bumpers market?
What factors are driving Plastic Bumpers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plastic Bumpers market opportunities vary by end market size?
How does Plastic Bumpers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.