Market Share of Automotive Rubber Molded Components Industry
The automotive rubber molded component market is moderately fragmented one and dominated by various players which include, Continental AG, DANA Holding Corporation, Hutchison SA, Trelleborg AB, Federal-Mogul Corporation, Freudenberg and Co. Kg, among others.
The companies are expanding their business by opening new plants. For instance -
- In March 2019, Hubner Manufacturing Corporation has invested USD 9.6 million to establish a new manufacturing facility in Dunlap, Tennessee.
- In September 2018, Zeon Corporation (Zeon) announced that it will establish a wholly owned subsidiary for the production and sales of acrylic rubber in Thailand. The new plant will be Zeon's third acrylic rubber plant after its Japanese and US plants. Demand for acrylic rubber is expected to increase in Asia.
Automotive Rubber-Molded Component Market Leaders
AB SKF
Continental AG
Federal-Mogul Corporation
NOK Corporation
Trelleborg AB
*Disclaimer: Major Players sorted in no particular order
