Automotive bushing market is anticipated to grow at a CAGR of 4.7% during the forecast period (2023-2030). Factors such as growing concerns regarding vehicle comforts and vehicle noise are boosting the growth of the automotive bushing market. Moreover, the demand for a smooth and efficient ride further propels the growth of the market. The increase in the sales of luxury vehicles and comfort sports vehicles will create an opportunity in the near future. A rise in the sale of advanced vehicles and an increase in the need for anti-vibrant parts in the vehicle has an opportunity for new manufacturers and fuel the growth of the automotive bushing industry. There is a rise in the growth of the auto components industry across the globe that plays a considerable role in the growth of the automotive bushing market.
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The passenger car segment is expected to hold the largest market share in the automotive bushing market during the forecast period due to the increasing demand for passenger vehicles across the globe. People have been keeping cars for longer times with them and the expenditure on the aesthetics and design of cars is anticipated to be vivid and vibrant. Thus, the presence of bushings inside the passenger cars and have the comforts and luxuries of the drivers and the vehicle occupants.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Bushing Market Report Segment
Global Automotive Bushing Market By Application
- Engine
- Chassis
- Interior
- Exhaust
- Suspension
- Transmission
Global Automotive Bushing Market By Vehicle Type
- Passenger Cars
- Commercial vehicles
Global Automotive Bushing Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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