The latest report by IMARC Group, titled “Rear Spoiler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global rear spoiler market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.

An aerodynamic tool for modifying air movement when a car is moving is a rear spoiler. It's a wing-shaped piece that mounts to the end of the roof or the car trunk to boost airspeed. Lightweight polymer-based materials like silicon, carbon fiber, fiberglass, and acrylonitrile butadiene styrene (ABS) plastic are used in its fabrication. It is typically fitted to sports and racing automobiles to reduce the chance of collisions and create ideal conditions for high speeds by dispersing airflow and turbulence.

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Rear Spoiler Market Trends and Drivers:

One of the main drivers of market expansion is the growing demand for sport utility vehicles (SUVs) and multipurpose vehicles (MPVs). In addition, automakers are introducing new premium sports vehicle models that have sophisticated rear spoilers installed for improved air movement management at high speeds. In addition, the market is growing because of the development of carbon fiber-based rear spoilers that improve looks and high functionality, as well as people's rising ability to pay and their growing desire for lightweight cars.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Technology:

• Blow Molding
• Injection Molding
• Reaction Injection Molding

Breakup by Material Type:

• ABS
• Carbon Fiber
• Fiberglass
• Sheet Metal
• Others

Breakup by System Type:

• Active Spoiler
• Passive Spoiler

Breakup by Vehicle Type:

• Hatchback
• Sports Utility Vehicles
• Multi-Purpose Vehicles

Breakup by Distribution Channel:

• OEMs
• Aftermarket

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Competitive Landscape with Key Player:

• Aisin Seiki Co Ltd.
• Albar Industries Inc.
• DAR Spoilers
• Dawn Enterprises Inc.
• INOAC Corporation
• Magna International Inc.
• Plastic Omnium (Burelle SA)
• Polytec Holding AG
• SEIBON CARBON (SEIBON International Inc.)
• SMP Deutschland GmbH
• SRG Global Inc. (Guardian Industries)
• Thai Rung Union Car plc.

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