Automotive Engine Encapsulation Market Rising by Increased Demand for Fuel-Efficient and Energy-Saving Vehicles

Engine encapsulation is a combination of shells and thermoplastics, which are mounted on or around the engine to insulate it from the cold environment, thereby keeping it warm for a longer duration as compared to the engines with no encapsulations. These Low Weight Reinforced Thermoplastics (LWRT) not only reduce unwanted engine friction but also lower fuel consumption of vehicles by keeping the engines warm. Thus, thermal engine encapsulation of internal combustion engines enables environmental preservation as every gram of fuel saved and, thus, helps in the reduction of CO2 footprint.

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As diesel engines are much noisier and their emissions are much more harmful to the environment compared with gasoline engines, encapsulating the diesel engines is an ideal option for OEMs to meet the latest guidelines set out by governments. However, as the diesel vehicle production in passenger cars and light commercial vehicles shows a global decline, OEMs would be increasingly adopting engine encapsulations for their gasoline models, to make them more efficient.

All the OEMs of luxury vehicles and premium sports vehicles use automotive engine encapsulations in their models as these vehicles are mostly equipped with advanced vehicle technologies to make them more stylish, silent, and efficient. Luxury and premium car brands such as BMW, Daimler, and Audi are actively installing automotive engine encapsulations to cater to the increased competition in the automotive industry. To make their models more aerodynamically efficient, stylish, and noise- and CO2-emission compliant, luxury vehicle OEMs are increasingly adopting body-mounted and engine-mounted encapsulations. These increasing encapsulation applications in vehicles are fueling the growth of automotive engine encapsulation market for luxury light duty vehicle segment. However, the effective increase in the weight of the vehicle due to the installation of automotive engine encapsulations defeats the efforts being undertaken by OEMs around the world to decrease the same.

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Market Dynamics

Drivers
• Need to minimize engine noise and CO2 emission
• Reduction in piston-cylinder wear

Restraints
• Increased demand for electric and hybrid vehicles eliminates the need for engine components

Opportunities
• Increased demand for fuel-efficient and energy-saving vehicles

Challenges

• Increased vehicle weight and fuel consumption

The automotive engine encapsulation market is estimated to be USD 3.98 billion in 2017 and is projected to reach USD 6.30 billion by 2025, at a CAGR of 6.13%, during the forecast period. The market growth is primarily driven by the increasingly stringent noise and air emission norms in the automotive industry. Autoneum (Switzerland), Continental (Germany), Roechling (Germany), ElringKlinger (Germany), and Greiner (Austria) are some of the leading players in the automotive engine encapsulation market.

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