Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the Market is observed to pick up a quick pace for registering a CAGR of almost more than 5.3 %, during the tenure of 2021 – 2027.

The report published by Maximize encompasses the market dynamics, which could affect the market growth of Automotive Steering Systemin the region, the Value – Chain analysis, and the PORTER’s analysis for the Automotive Rubber-molded Components Market at a global level.

The study is consolidated based on two major segments and further into sub-segments, By Material Type (Ethylene Propylene Diene Monomer (EPDM), Natural Rubber (NR), Styrene-butadiene Rubber (SBR), Other Material Types), By Component Type (Seals, Gaskets, Hoses, Weather-strips, Other Component Types), By Vehicle Type (Passenger Car, Commercial Vehicle) to forecast the market size by value; also, application includes the analysis of past market dynamics from 2016 to 2020, considering 2020 as the base year.

Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players (AB SKF, Continental AG, Federal-Mogul Corporation, NOK Corporation, Trelleborg AB, ALP Group, Bohra Rubber Pvt. Ltd, Cooper-Standard Automotive, DANA Holding Corporation, Freudenberg and Co. Kg, Hebei Shinda Seal Group, Hutchinson SA, Bohra Rubber, Sumitomo Riko, Cooper-Standard Automotive) in the Automotive Rubber-molded Components Market across the region.

You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Automotive Rubber-molded Components Market.”

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The post Automotive Rubber-molded Components Market is expected to surpass US $ 55.89 billion by the year 2027, from US $ 41 billion in 2020. appeared first on MAXIMIZE MARKET RESEARCH.