- Automotive rubber molded components are formed when uncured rubber materials are cured under a high amount of pressure with inserts of metal, textiles or plastics in the required shape of the components. The methods used in the rubber molding procedure can be defined as compression, injection and transfer molding. These different components are useful in a number of different parts of the vehicles.
- The automotive rubber molded components market has a huge potential to grow over the forecast period of 2025 to 2032, owing to the increasing trend of electric vehicles along with the new energy vehicles is propelling the demand for EPDM rubber-molded components. In addition, the significant increase in demand for vehicles, which has accordingly increased the sale of automotive rubber-molded components along with rapid industrialization and globalization and introduction of the latest and cost efficient technologies are also largely influencing the growth of the automotive rubber molded components market.
- Asia-Pacific leads the automotive rubber molded components market because of the appearance of China and India as a significant automotive component manufacturing hubs along with the authorities support for FDI in these emerging nations encouraging local players to participate in rubber molding market.
- Ethylene Propylene Diene Monomer (EPDM) segment is expected to dominate the market with a significant share due to its superior resistance to heat, oxidation, UV rays, and weathering. Its widespread use in sealing systems and under-the-hood applications makes it a preferred material in automotive rubber molded components, especially in extreme environmental conditions.
