According to China Automobile Seals Supporting Report, 2014-2017 by Acute Market Reports, it is expected that, stimulated by the expanded auto-making capacity, automobile weatherstrip will experience sustained growth in production over the next few years, and the demand for automobile weatherstrip will hit 1.381 billion meters by 2017.
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Tightness is an important indicator to measure complete automobile quality, and seals are one of the most widely used parts in automobile. The excellent durability and longer service life of automobile weatherstrip makes a relatively small after-sales maintenance market, and the demand is mainly concentrated in complete automobile supporting field. In 2013, China’s demand for automobile seals was 995 million meters, up 14.8% from a year earlier.
Regarding the competitive landscape of the market, automobile weatherstrip is analogous to overall auto parts pattern in China. Local Chinese automobile weatherstrip companies support mainly homegrown brands and low-emission models, while most joint-venture brands and high-end auto models prefer weatherstrips from large multinational auto parts companies.
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Table of Contents
- Industry’s Macro Environment
1.1 Decelerated Growth in Chinese Economy
1.2 A Drop in Growth Rate of Fixed Assets Investment
1.3 Remarkable Slowdown in Import and Export
1.4 Steady Increase of Social Consumption
2 Operation of China Automobile Industry
2.1 Automobile Market
2.2 Passenger Vehicle and Market Segments
2.3 Commercial Vehicle and Market Segments
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3 Overview of Automobile Seals
3.2 Industrial Policy
3.2.1 Competent Authority and Regulatory System
3.3.2 Industrial Policy
4 Automobile Weatherstrip Market
4.1 Market Size
4.2 Competitive Landscape
4.3 Main Supported Models
4.4 Development Trend
4.4.1 Expanded automobile market capacity promotes growth of weatherstrip
4.4.2 Local automobile sealing strip companies gradually enter procurement system of joint-venture brands
4.4.3 Sealing strip develops towards environmental friendliness and lightweight
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