- Automotive mudguard, also called bumper, is fitted on the outer frame of the wheel to protect the wheel from sand, mud, and stones. An automotive injection molded mudguard enhances the esthetic appearance of the vehicle body. The materials used for automotive mudguards include ABS plastic and polyethylene, which provide better strength and can be easily molded in any shape and size.
Key Drivers of Automotive Injection Molded Mudguard Market
- Rise in demand for light weight vehicles due to the enactment of stringent emission norms across the globe is likely to increase the demand for injection molded products, which in turn is estimated to boost the automotive injection molded mudguard market across the globe. Growing consumer trend toward preference for attractive vehicle esthetics is likely to propel the demand for molded mudguard in vehicles.
- Rise in awareness about protection of the environment across the globe is estimated to further drive the global automotive mudguards market during the forecast period. Rise in demand for electric vehicles across the globe is increasing the popularity of light weight mudguard in vehicles. Widespread of the pandemic across the globe is prompting consumers to buy a new vehicles, which is likely to boost vehicle sales and subsequently, increase the demand for mudguards in vehicles. This is anticipated to boost the automotive injection molded mudguard market across the globe.
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Europe & Asia Pacific to hold significant share of global automotive injection molded mudguard market
- Europe is projected to account for a major share of the global automotive injection molded mudguard market due to a rise in the demand for vehicles across the globe. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, who have major facilities that undertake research & development regarding the molded products, is likely to propel the automotive injection molded mudguard market across the globe
- Followed by Europe, Asia Pacific is projected to hold a major share of the global automotive injection molded mudguard market due to an increase in sale of vehicles across the region. Increase in demand for electric vehicles across the region due to enactment of stringent vehicle emission norms is projected to fuel the automotive injection molded mudguard market across the region. Presence of major automotive parts manufacturing industries across China, India, and Japan is anticipated to propel the automotive injection molded mudguard market in Asia Pacific.
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Key Players Operating in Automotive Injection Molded Mudguard Market
The global automotive injection molded mudguard market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive injection molded mudguard market are:
- Rhino Manufacturing
- KN Rubber
- Boydell & Jacks
- Fiem Industries Ltd.
- Asia Billion Innovational Technology Limited
- Jonesco
- SM Auto Engineering Pvt Ltd
- Plastic Omnium
- Hans Rubber Industries
- Hayashi Telempu Co., Ltd.
- SABIC
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