Market Share of Automotive Window and Exterior Sealing Systems Industry
The automotive window and exterior sealing systems market is fragmented. Some of the major players are Hutchinson Sealing Systems, Magna International Inc., Copper Standard Automotive Inc., Minth Group Ltd, and Rehau Group, among others.
Market players are ruling the arena for window and exterior sealing systems owing to the sparse presence of limited key players in the markets. Moreover, in past years, the suppliers are seeing indulging in strategic alliances with OEMs to regulate the consistent supply of their sealing systems. For instance,
- Sumitomo announced that its cell gasket had been continuously adopted for the Toyota new fuel cell vehicle (FCV), Mirai. This product is a rubber sealing part that prevents the leakage of hydrogen, oxygen, and water from the cell components, which consist of a separator and power generator components.
- In 2019, Henniges Automotive, a Michigan-based manufacturer of sealing and anti-vibration solutions, is building a manufacturing plant in Gomez Palacio, Mexico, according to local media. Its products include door seals, hood seals, rear compartment seals, auxiliary seals, glass runs, inner belts, outer belts, upper reveals and appliques, glass encapsulation for side glass, and obstacle detection systems.
Automotive Window and Exterior Sealing System Market Leaders
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Hutchinson Sealing Systems
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Rehau Group
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Magna International Inc.
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Cooper Standard Automotive Inc.
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Minth Group Ltd
*Disclaimer: Major Players sorted in no particular order