Automotive plastic bumper is a structure integrated with or attached to the rear and front ends of an automobile. The primary function of the automotive plastic bumper is to considerably reduce the impact of collision by dissipating the kinetic energy during the collision, consequently minimizing repairing cost. Various developments in automotive plastic bumper have been carried out by manufacturers in a bid to enhance safety of the vehicle and the driver alike, as well as ensure pedestrian safety.
The market for automotive plastic bumper being a fragmented one, intelligence on automotive plastic bumper companies can offer valuable insights to the reader using which key strategies can be formulated to achieve sustenance and an edge over the competition in the long run. Key facets of the competition including company overview, key strategies, automotive plastic bumper design developments and innovations, expansion plans, geographical spread, mergers and acquisitions and key financials have been covered in this section. Key companies such as Faurecia SA, Toray Industries Inc., Benteler International AG, Flex-N-Gate Corporation and Samvardhana Motherson Automotive Systems Group B.V have been profiled in the automotive plastic bumper market report.
New Innovations in Market to Help in Increased Uptake
Manufacturers of automotive plastic bumper are investing in research and development platform to carry out innovations in their product. Developments in automotive plastic bumper are being carried out to enhance the safety quotient for vehicles as well as pedestrians. On the back of surging novelties in the automotive plastic bumper space, the sales of automotive plastic bumper are likely to witness an upswing in the coming years. Moreover, with significant proliferation of technology in the automotive space, smart automotive plastic bumpers are in the offing. For instance, Plastic Ominum has introduced intelligent automotive plastic bumper that feature embedded intelligence. This automotive plastic bumper includes integrated radar, innovative front grille, and an advanced impact absorption and detection system. This innovation also features light weight, facilitates reduction in carbon dioxide levels, aerodynamic tailgate and enhanced personalization and safety.
Recycling of Automotive Plastic Bumpers May Create Additional Growth Opportunities
Strict government regulations regarding disposal of plastics in light of increasing environmental damage has spurred recycling activities. After a vehicle’s service life span, the automotive plastic bumper can be recycled and molded for reuse. Automotive plastic bumper from ELVs (End-of-Life Vehicles) offer high quality bumper material that can be reintegrated in vehicles. Recycling of automotive plastic bumper is likely to present potential opportunities to the participants in the entire value chain as manufacturers of automotive plastic bumper can use the molded form to develop advanced designs and present it to automobile manufacturing companies.
Moreover, with significant proliferation of technology in the automotive space, smart automotive plastic bumpers are in the offing. For instance, Plastic Ominum has introduced intelligent automotive plastic bumper that feature embedded intelligence. This automotive plastic bumper includes integrated radar, innovative front grille, and an advanced impact absorption and detection system. This innovation also features light weight, facilitates reduction in carbon dioxide levels, aerodynamic tailgate and enhanced personalization and safety.
