Research and Markets: Global Automotive Bumpers Market 2014-2018: The Major Challenge Faced By the Market Is the Inefficiency of Bumpers

Research and Markets (http://www.researchandmarkets.com/research/lmbjwr/global_automotive) has announced the addition of the "Global Automotive Bumpers Market 2014-2018" report to their offering.

The analysts forecast the Global Automotive Bumpers market to grow at a CAGR of 4.76 percent over the period 2013-2018. One of the key factors contributing to this market growth is improved safety provided to the vehicles. The Global Automotive Bumpers market has also been witnessing the growing adoption of plastic bumpers. However, the inefficiency issues could pose a challenge to the growth of this market.

Key vendors dominating this space are Compagnie Plastic Omnium, Faurecia SA, Magna International Inc., Futaba Industrial Co. Ltd., and Toyoda Gosei Co. Ltd

Other vendors mentioned in the report are Alcoa Inc., Benteler Automobiltechnik GmbH, Flex-N-Gate Corp., and Van-Rob Inc.

Commenting on the report, an analyst from the team said: A major trend being witnessed in the Global Automotive Bumpers market is the increasing preference for plastic bumpers over traditional metal ones. Metal bumpers were extremely popular in the past as they are very sturdy and durable. However, automobile manufacturers currently prefer using plastic bumpers as they can be used to increase the aesthetic appeal of an automobile. Also, plastic bumpers have an additional structure embedded within them. This structure contains foam energy absorbers which facilitate better protection for the automobile. It is expected that these features will increase the use of plastic bumpers significantly in the coming years.

According to the report, the main factor driving the use of bumpers across all geographies is the fact that they provide improved safety for the driver and passengers. Bumpers help in minimizing the impact of an accident and thereby improve the safety of occupants.

For more information visit http://www.researchandmarkets.com/research/lmbjwr/global_automotive

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Sector: Automotive Parts