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Automotive Engine Cover Market: Injection Molding Segment Anticipated to Grow at Higher CAGR of 2.9% During the Period 2017 to 2022 || Key Players: E. I. du Pont de Nemours and Co., POLYTEC Holding AG, MAHLE GmbH, The Mondragón Cooperative Corporation (M
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automotive engine cover market.
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In the wake of growing stewardship pertaining light weight vehicles and engines, automakers globally are increasingly employing plastics as the base building component. Polyamides therefore have attained mega scale adoption for most car components under the bonnet such as engine covers. Polyamide 6 and 66 are the core polyamide polymers adopted. However, to reduce carbon footprint and growing burden of environmental pollution, manufacturers tend to adopt renewable materials for building high performance engine covers with improved functional as well as aesthetic capabilities. Polyurethane based foam engine covers have also surfaced as potential materials to build lightweight engine covers which demonstrate exceptional thermal and sound absorption capabilities. Factors as such are attributed to render superlative growth potential to automotive engine cover market globally.
Segmentation Analysis of Global Automotive Engine Cover Market
The report categorizes the global automotive engine cover market into various segments based on the key attributes that have been considered during the market research study. These chapters throw light on comparison of the yearly growth patterns, revenue, and market share on the basis of
four key segments of the automotive engine cover market, viz. material type (composites, metals, thermoplastics, others), sales channel (OEMs, aftermarket), vehicle type (compact PCs, mid-sized PCs, luxury PCs, premium PCs, LCVs, HCVs), and technology type (injection molding, casting,
others).
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Automotive Engine Cover Market: Overview
The automotive engine cover market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-2022. This report is an exhaustive compilation of a detailed overview of automotive engine cover market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.
Highlights on Global Automotive Engine Cover Market
Europe is the most attractive region and it is expected from this region to retain its dominance during the period of 2017 to 2022. Asia Pacific excluding Japan (APEJ) is showing tremendous potential and a significant growth rate to register a CAGR of 3.6% and could come close to Europe in terms of market share by revenue during the year 2022
Other segment by material type enjoys a large market share of 32.3% and grows at a steady rate. On the other hand, the thermoplastics segment is posed to grow at a higher rate during the period of forecast. The composites segment grows at a slow pace and is second in terms of market share
Automotive Engine Cover Market: Competition Landscape
The global automotive engine cover market report offers thorough profiling of leading players in the global automotive engine cover marketplace, some of which include E. I. du Pont de Nemours and Co., POLYTEC Holding AG, MAHLE GmbH, The Mondragón Cooperative Corporation (MCC), Miniature Precision Components Inc., Montaplast GmbH, Toyoda Gosei Co., Ltd., Rochling Group, and DSM.
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