Automotive Heat Shield Market 2019 To Rise at 11.7% CAGR With Global Leading Players - UGN, TKG Automotive, Thermo-Tec Automotive Products Inc., Talbros Automotive Components, Sumitomo Riko Company Limited

the Global Automotive Heat Shield Market is accounted for $12,378.45 million in 2017 and is expected to reach $33,505.45 million by 2026 growing at a CAGR of 11.7% from 2017 to 2026. Some of the factors such as increasing adoption of electronics in automobiles and rising automotive sector are fueling the market growth. However, factors such as high cost in aftermarket and rise in demand for battery electric vehicles are hampering the market growth. Further developments in automotive heat shield technology provide ample opportunities for the market.

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Automotive heat shield is an accessory used in vehicles in order to stop any radiant heat damage to the sensitive components of the vehicle. The engine produces a terrific amount of heat and numerous components placed in the engine part need a sufficient temperature in order to attain the best performance. As a result, the heat emitted from the engine must be averting from sensitive components. The heat shield plays a very important role in protecting the components from the heat, also deflecting it away or by absorbing it.

Amongst Product, Exhaust Heat Shield Insulation raises the exhaust temperature and exhaust flow, which aids build power in vehicles. The main intention of exhaust heat shield insulation is to decrease under-hood temperatures and uphold hotter exhaust gas inside the exhaust system for additional horsepower. It is extensively used in catalytic converters, mufflers, headers and for exhaust tubing. By geography, Asia Pacific is dominating the global automotive heat shield market during the forecast period due to the increase in the disposable income of individuals and expansion in the automotive sector has driven the production of vehicles.

Some of the key players in Automotive Heat Shield market include UGN Inc., TKG Automotive, Thermo-Tec Automotive Products Inc., Talbros Automotive Components Ltd., Sumitomo Riko Company Limited, Morgan Advanced Materials, Lydall Inc., J&S GmbH Automotive Technology, ISOLITE GmbH, HKO Isolier-und Textiltechnik GmbH, Heat Shield Products Inc., FITWEL GASKET COMPANY (INDIA) PRIVATE LIMITED, Elringklinger AG, Datsons Engineering Works Private Limited, Covpress Ltd. and Carcoustics International GmbH.

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Market Segment:
Materials Covered:
• Metallic
• Non-metallic

Products Covered:
• Under Chassis Heat Shield
• Under Bonnet Heat Shield
• Turbo Heat Shields
• Thermal and Heat Shield Sleeving
• Spark Plug Boot Heat Shield
• Heat Shield and Thermal Barriers
• Exhaust Heat Shield Insulation
• Exhaust Compartment
• Exhaust and Header Wrap
• Engine Compartment Heat Shield
• Single Shell
• Double Shell
• Sandwich
• Other Products

Vehicle Types Covered:
• Commercial Vehicles
• Passenger Cars

Off-Highway Vehicles Covered:
• Loader
• Excavator

Solutions Covered:
• Textile Heat Shield
• Shell
• Rigid Heat Shield
• Integrated
• Flexible Heat Shield

Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

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This release was published on openPR.