Global Leaders Advancing Towards Sustainability with Environment-Friendly Coatings on Automotive Tow

By Factmr    18 / Feb / 2019    In Category Automotive

To meet strict industry guidelines, manufacturers of automotive tow bars are ensuring environment-friendly coatings on the component that not promises outstanding exterior but also provides highest standard of protection against corrosion. Variants of two component epoxy-based primers are being pegged as the most environment-friendly coating for automotive tow bars owing to its superior mechanical properties and chemical resistance. Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) and HAPs compliant, the primer is based on a waterborne lead- and tin-free formulation that makes it a globally acceptable coatings solution for high contamination resistance

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Manufacturers Converging On Product Innovations to Develop Efficient Tow Bars 

In line with the ever evolving automotive landscape coupled with new standards and requirements by all kinds of vehicles including passenger and utility vehicles, manufacturers have sped up their innovation process to produce high-quality automotive tow bars that are reliable, efficient, and easily retrofitted. Moreover, increasing demand for discreet designing without interfering with the visual appearance of the vehicles, advanced functionality, accurate fit, and simplified installation is pushing manufacturers to develop original-equipment quality tow bars with vehicle-specific solutions.

  1. Global Automotive Tow Bars Market - Executive Summary

 

  1. Global Automotive Tow Bars Market Overview

2.1. Introduction

2.1.1. Global Automotive Tow Bars Market Taxonomy

2.1.2. Global Automotive Tow Bars Market Definition

2.2. Global Automotive Tow Bars Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Automotive Tow Bars Market Y-o-Y Growth

2.3. Global Automotive Tow Bars Market Dynamics

2.3.1. Drivers

2.3.2. Restraints

2.3.3. Trends

2.4. Supply Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Raw Material Sourcing Strategy and Analysis

2.8. List of Distributors

2.9. Key Participants Market Presence (Intensity Map) By Region

 

  1. Global Automotive Tow Bars Market Analysis and Forecast By Product Type

3.1. Global Automotive Tow Bars Market Size and Forecast By Product Type, 2012-2022

3.1.1. Retractable Tow Bars Automotive Tow Bars Market Size and Forecast, 2012-2022

3.1.1.1. Revenue (US$ Mn) Comparison, By Region

3.1.1.2. Market Share Comparison, By Region

3.1.1.3. Y-o-Y growth Comparison, By Region

3.1.2. Detachable Tow Bars Automotive Tow Bars Market Size and Forecast, 2012-2022

3.1.2.1. Revenue (US$ Mn) Comparison, By Region

3.1.2.2. Market Share Comparison, By Region

3.1.2.3. Y-o-Y growth Comparison, By Region

3.1.3. Fixed Tow Bars Automotive Tow Bars Market Size and Forecast, 2012-2022

3.1.3.1. Revenue (US$ Mn) Comparison, By Region

3.1.3.2. Market Share Comparison, By Region

3.1.3.3. Y-o-Y growth Comparison, By Region

3.1.4. Towing Brackets (& Ball Plates) Automotive Tow Bars Market Size and Forecast, 2012-2022

3.1.4.1. Revenue (US$ Mn) Comparison, By Region

3.1.4.2. Market Share Comparison, By Region

3.1.4.3. Y-o-Y growth Comparison, By Region

To be Continue…….

 

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Competitive Insights: Global Automotive Tow Bars Market 

Manufacturers of automotive tow bars are focusing on developing an innovative range of tow bars—also accelerated by the growing demand for electric and hybrid vehicles. For instance, BOSAL, a leading manufacturer of towbars, holds more than 200 patents and is developing high-quality towbars, with a major focus on safety and fitability with reduced installation time. As a part of its strategic measures ‘Grow-Fix-Divest’, earlier this year, BOSAL Group announced the divestment of its Automotive Carrier and Protection Systems (ACPS)-division and its Aftermarket towbars- division—with an aim to drive organizational growth through innovations and strategic partnerships and acquisitions.

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