Market Size (2017)
2017
$5.86B
Vertical: AutoBase Year: 20189 Sections
Market Size (2017)
2017
$5.86B
Projected (2025)
2025
$8.80B
CAGR (2017–2025)
5.2%
5.2%Key Players
110+
The growth of the automotive bushing technologies market is driven by various factors such as the need for enhanced safety, comfort, and ride quality and the growing automotive aftermarket. However, the growth of the market can be hindered due to the volatile raw material prices.
The global automotive bushing technologies market has been segmented based on material, product type, sales channel, and vehicle type. On the basis of material, the global market has been segmented into rubber and polyurethane. In 2018, the rubber segment accounted for the larger market share of 80.90% with a market value of USD 4,959.8 million. It is projected to grow at 5.04% CAGR during the forecast period.
On the basis of product type, the global market has been segmented into suspension bushing, damper bushing, top mounts/shock mounts, subframe bushing, stabilizer bar bushing, bump stops, and PT bushing. In 2018, the suspension bushing segment accounted for the considerable market share of 34.20% with a market value of USD 2,096.5 million. It is projected to grow at 4.71% CAGR during the forecast period.
On the basis of sales channel, the global market has been segmented into OEM and aftermarket. In 2018, the OEM segment accounted for the substantial market share of 66.88% with a market value of USD 4,100.3 million. It is projected to grow at 4.86% CAGR during the forecast period.
On the basis of vehicle type, the global market has been segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. In 2018, the passenger car segment accounted for the substantial market share of 78.07% with a market value of USD 3,805.1 million. It is projected to grow at 5.97% CAGR during the forecast period.
The Automotive Bushing Technologies Market market is projected to grow at a CAGR of 5.2% from 2017 to 2025.
Historical performance and future projections (2020–2030, USD Billion)
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View Subscription PlansA bushing is also considered as a vibration isolator in the commercial aftermarket of the automotive. It is widely formed and manufactured with rubber and partially with polyurethane. It is primarily used on car suspension and steering joints to reduce and minimize the uneven road bumps in order to control the vertical movements in the joints to enhance smooth ride by reducing noise and vibration.
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View Subscription PlansThis report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2018
Historical Period
2017 – 2018
Forecast Period
2018 – 2025
Primary Interviews
150+
Historical data (2017–2018) and forecast period (2018–2025)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
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View Subscription PlansMarket estimates by geography (2025)
InsightAsia Pacific leads with $3.46B by 2025.
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View Subscription Plans| REGION | 2017 | 2018 | 2025 | CAGR | SHARE |
|---|---|---|---|---|---|
| South America | $609.90M | $698.20M | $821.80M | 3.8% | 9% |
| North America | $1.24B | $1.45B | $1.73B | 4.3% | 20% |
| Europe | $1.45B | $1.75B | $2.18B | 5.2% | 25% |
| Asia Pacific | $2.14B | $2.68B | $3.46B | 6.2% | 39% |
| Middle East and Africa | $426.20M | $502.90M | $610.20M | 4.6% | 7% |
| Total | $5.86B | $7.08B | $8.80B | 5.2% | 100% |
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View Subscription PlansTotal Market Size
$8.80B
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Rubber | $6.95B | 5.2% | 53% |
| Polyurathene | $1.85B | 5.2% | 66% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
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Analytical insights on Automotive Bushing Technologies Market covering market dynamics, competitive landscape, and strategic outlook.
The Automotive Bushing Technologies Market market is projected to reach $8.80B by 2025, growing at 5.2% CAGR. The Rubber segment holds the largest share.
The global automotive bushing technologies market is rapidly growing due the growth of manufacturing and developing automotive industry. However, the growth of the market is hampered by volatile prices of raw materials. The demand for lightweight products is expected to create opportunities for the players in the global automotive bushing technologies market during the forecast period.
Automotive bushing is a mechanical component that dampens the impulses to improve handling and road holding. Automotive bushing manufacturers are focusing on high-end engineering and designing to develop next-generation automotive bushings for the vehicles. For instance, in 2019, Sumitomo Riko Company Limited, introduced anti-vibration rubber and heat-resistant rubber automotive bushings to meet the demand for lightweight materials in bushings. According to the company, anti-vibration rubber and heat-resistant rubber composite can reduce the weight by 2.5 kg per bushings, leading to the reduced weight of the bushing system by up to 40%.
In the automotive industry, driver comfort and regeneration are important parameters for OEMs to reduce the kerb weight without affecting the performance of the vehicle. For instance, ZF focuses on the incorporation of magnetorheological elastomer (MRE) to reduce the bushings in the suspension system. The use of lighter and more advanced materials than traditional materials is expected to create opportunities for the automotive bushing manufacturers to offer next-generation bushings for suspension systems. Such materials offer various benefits, such as high strength, stiffness, formability, and corrosion performance in automotive bushings.
Furthermore, vehicle electrification leading to the use of advanced automotive bushings and the government policies to curb vehicle emissions encourage the manufacturers to lightweight the automotive parts and components. Therefore, the demand for lightweight products with advanced materials is expected to create an opportunity for the global automotive bushing technologies market players.
The raw materials of automotive bushing technologies are rubber, cast iron, and other materials. The prices of such raw materials are increasing with the depleting resources and the high demand for such materials in all the automotive components. Furthermore, the constantly changing trade policies further create market uncertainties and disrupt the supply chain, driving price increments.
According to the World Bank, the rubber prices have varied by 9% in 2018 globally from the previous year. The below figure depicts the prices of rubber between 2016 and 2019.
The automotive bushing manufacturers are constantly working on reducing the prices of automotive bushing by developing cost-effective raw material substitutes and extraction methods. Thus, the impact of the increasing raw material prices on the global automotive bushing technologies market is expected to shift from high to low over the forecast period.
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Profiles of 110 companies operating in the Automotive Bushing Technologies Market market, including revenue, employee count, and market positioning where available.
Showing 110 of 110 companies
Vibracoustic GmbH
Company Headquarters: Hessen, Germany Founded: 2012 Workforce: ~10,000 Company Working: Vibracoustic GmbH is one of the leading experts offering solutions for noise, vibration, and harshness. The company offers mobility solutions to its customers under its two business units namely, RIDE Solutions and DRIVE solutions. The product and solution portfolio of the company includes air springs, cabin mounts, chassis mounts, vibration dampers, and motor mounts. The company serves 19 of the top 20 vehicle manufacturers across the globe and works with 9 of the top 10 battery electric vehicle OEMs. Vibracoustic has presence in 19 countries, and 43 sites, 21 of which are dedicated for R&D activities.
Paulstra SnC
Company Headquarters: France Founded: 1934 Workforce: ~ 50 Company Working: Paulstra manufactures plastic and rubber products. The company provides flexible bushes, elastomer mounts, acoustic foams, couplings, and dynamic sealings, as well as engineering services. It develops leading-edge products for vibro-acoustic field. The company caters to the requirements of aeronautics, rail, marine, and defense industries in France. PAULSTRA VIBRACHOC’s range of products include technical solutions that respond to vibration, misalignment of shafts, noise, sealing, and torque irregularity problematic. There are more than 3000 references on around five kinds of products including metal mounts, elastomer mounts, flexible bushes, dynamic sealing, and flexible coupling.
Nolathane
Company Headquarters: Australia Founded: 1974 Workforce: ~ 50 Company Working: Nolathane is one of the pioneers in offering a complete range of suspension systems. In the 1970s the company introduced polyurethane suspension products in the market and has rapidly built its reputation for its product performance and quality. Its products are invented to replace the brass bushes in vehicles competing in the hill climb events. The products have evolved to softer formulations for vehicle enhancement and general bush replacement.
Hyundai Polytech
Company Headquarters: India Founded: 1975 Workforce: ~ 700 Company Working: Hyundai Polytech is one of the leading technology companies that manufactures automotive plastic & rubber parts for suspension, steering, air conditioning & brakes system. Its line of business also includes the manufacturing of synthetic rubber. Its suspension parts include insulator assembly, dust cover, bumper rubber, rubber bush, spring pad, and stricker cap assembly. The company has its global presence in India, the US, China, and South Korea.
BOGE Rubber & Plastics
Company Headquarters: US Founded: 1931 Workforce: ~4200 Company Working: BOGE Rubber & Plastics provides lightweight components and vibration control technology for the automotive industry. The company develops innovative solutions for leading international car manufacturers. It combines core technologies of lightweight design and vibration control to develop integrated solutions for its customers. It has its presence globally in the US, France, Germany, China, Slovakia, Brazil, and Mexico. Its global presence allows the company to quickly respond to market changes. Its local presence and integration with its customer facilities enable it to provide customized solutions to its customers.
MAHLE GMBH
Company Headquarters: Stuttgart, Germany Founded: 1920 Workforce: ~79,564 Company Working: Mahle GmbH manufactures and provides products and services for applications in the automotive industry. The company has four business units, namely, engine systems and components, filtration and engine peripherals, thermal management, and aftermarket. Moreover, the company operates with Mechatronics and five profit centers. The company offers automotive filters under the filtration and engine peripherals business segment. Additionally, the company also offers pump systems and oil coolers for transmission and engine applications under the filtration and engine peripherals business segment. Moreover, the company offers various products such as power electronics, electric drives, fuel cells, batteries, engine components, and turbochargers. The company offers the product filters under its subsidiary, MAHLE Aftermarket GmbH (Germany). Mahle GmbH has its presence in countries all over the world including the US, Germany, Spain, Brazil, India, China, Japan, Spain, Poland, South Korea, Indonesia, Thailand, and Italy. The company has 160 manufacturing plants and 16 research & development centers, worldwide. Mahle Aftermarket GmbH (Germany), Mahle Aftermarket Italy SpA (Italy), Mahle Automotive Technologies (China) Co., Ltd (China), Mahle Engineering Services India Private Limited (India), Mahle Filter Systems UK Ltd. (UK), and Mahle Filter Systems Canada, ULC (Canada) are some of its subsidiaries.
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Automotive Bushing Technologies Market