Global Low Friction Car Door Hinges Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Low Friction Car Door Hinges Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Low Friction Car Door Hinges market finds that the global Low Friction Car Door Hinges market reached a value of USD 606.14 million in 2022. It’s expected that the market will achieve USD 640.94 million by 2028, exhibiting a CAGR of 0.93% during the forecast period.

Market Challenges and Impact

The demand for automobile door hinges depends on the demand for vehicles in the automobile industry. Car door hinges are usually coated with additives to prevent corrosion and provide a long-lasting finish. The service life of automobile door hinges is very high, so the replacement rate is very low.

The raging COVID-19 has left the global economic environment in depression. The impact of COVID-19 on the Low Friction Car Door Hinges industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Saint-Gobain, Daido Metal, GGB Heilbronn GmbH with the revenue market share of 33.70%,16.32%, 11.89% in 2020.

Saint-Gobain Group engages in the design, manufacturing, and distributing building materials internationally. The Company produces insulation systems, water supply systems, solar solutions and building materials for distribution.

Daido Metal manufactures and sells a wide variety of bearings for automobiles, marine engines, construction machinery and general industrial use. Daido Metal has a global production and sales network in our five-hub system of Japan, North America, Europe, Asia and China.

Segmentation Overview:

Among different product types, Stainless Steel Based segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Passenger Vehicle segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Low Friction Car Door Hinges market covered in Chapter 3:

Zhejiang COB Bearing
Oiles Corporation
Zhejiang Changsheng Sliding Bearings
Zhejiang SF Oilless Bearing
Daido Metal
Saint-Gobain
GGB Heilbronn GmbH

In Chapter 4 and Chapter 14.2, on the basis of types, the Low Friction Car Door Hinges market from 2018 to 2029 is primarily split into:

Stainless Steel
Zinc-coated Steel
Aluminum
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Low Friction Car Door Hinges market from 2018 to 2029 covers:

Passenger Vehicle
Commercial Vehicle

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)