The rear spoiler market is projected to grow at a CAGR of 7.40% during the forecast period and is projected to reach USD 3.69 Billion by 2022. The key factor driving the automotive rear spoiler market is the increasing demand for hatchback, MPV, and SUV, which account for a major share of the market. Due to low cost and compact design, the demand for hatchback cars is expected to increase significantly in the Asia-Pacific region.

The hatchback car segment is estimated to be the largest market, by volume, and SUV segment is estimated to be the largest market, by value, for the automotive spoiler market. The hatchback car segment has a high growth opportunity in the future due to its affordable price and compact size.

Browse 72 Market Data Tables and 40 Figures spread through 114 Pages and in-depth TOC on "Rear Spoiler Market by Fuel (ICE, BEV), Vehicle Type (Hatchback, SUV, MPV), Material (ABS, Carbon Fibre, Fibre Glass, Sheet Metal), Technology (Blow, Injection and Reaction Injection Molding), and Region - Global Forecast to 2022"

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The ICE segment is expected to be the largest segment of the automotive spoiler market, by fuel type, during the forecast period. ICE is the most common type of combustion engine owing to its low-cost production and cheap fuel. Purchasing ICE vehicles is cheaper than other fuel type segments. Also, customers in emerging regions such as Asia-Pacific prefer ICE vehicles due to the lower price. Despite the expected growth of the BEV segment in the next 5 years, the ICE segment will continue to be the preferred mode of engine and fuel.

Acrylonitrile butadiene styrene (ABS) is expected to be the largest segment of the automotive rear spoiler market, by material type. ABS is the most widely used material for rear spoiler manufacturing because it is cheap and easily available. Further, the penetration of ABS in the rear spoiler market is high as it is used in a majority of vehicles such as hatchbacks and MPVs. Other materials are used for making spoilers for high-end cars because of their high cost.

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Scope of the Report
• Rear Spoiler Market, By Technology Type
o Blow Molding
o Injection Molding
o Reaction Injection Molding
• Market, By Material Type
o ABS
o Carbon Fiber
o Fiberglass
o Sheet Metal
• Market, By Fuel Type
o BEV
o ICE
o Others (Hybrid)
• Market, By Vehicle Type
o Hatchback
o SUV
o MPV
• Market, By Region
o Asia-Pacific
o Europe
o North America
o RoW

The rear spoiler market ecosystem consists of manufacturers such as Magna International Inc. (Canada), Plastic Omnium (France), SMP Automotive (Germany), and Polytec Group (Austria). The rear spoiler is supplied to major OEMs in the automotive industry including Toyota Motor Corporation (Japan), General Motors (U.S.), Honda Motor Co., Ltd. (Japan), and others.

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