Press release
Automotive Engine Encapsulation Market to Grow at a CAGR of 6.2% by 2029
Demand Analysis of Automotive Engine Encapsulation Market Overview:The Automotive Engine Encapsulation Market is predicted to grow at a moderate CAGR of 5.4% during the forecast period covering 2020 to 2029. Automotive Engine Encapsulation Market share is estimated to reach a value of nearly US$ 66.80 billion by 2029.
The "Automotive Engine Encapsulation Market" think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.
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The increasing demand for fuel efficient, high performance and silent vehicles is creating high penetration of automotive engine encapsulation in the global market. Carbon fibre, polyamide, and polypropylene, among other materials, are used to make automotive engine encapsulation shields. Carbon fibre is preferred over other materials for automotive engine encapsulation by most manufacturers due to its light weight and strong thermal resistance. The engine encapsulation insulates the engine from the outside environment and retains heat from the engine when it shuts down, slowing engine cool-down and increasing the likelihood of a high beginning temperature at subsequent engine starts.
The passenger car market is expected to create almost USD 5 billion by 2027, mainly to rising passenger car sales and aftermarket demand in recent years. The market for engine encapsulation is vast in growing countries like India, Indonesia, and Mexico, where the number of passenger cars equipped with thermal acoustics and NVH systems is rapidly increasing.
Industry Developments-
Continental AG (Continental) is an automotive company that manufactures and sells brake systems, and systems and components for powertrains and chassis, vehicle electronics, instrumentation, infotainment solutions, tires and technical elastomers.
Autoneum is the global market and technology leader in acoustic and thermal management solutions for vehicles and a partner for light vehicle manufacturers around the world. The Company develops and produces multifunctional, lightweight components for optimum noise and heat protection.
Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies' past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Automotive Engine Encapsulation Market.
Market Growth Reports lists out all the Global companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, Continental AG, Autoneum, Hennecke GmbH, Furukawa Electric Co., Ltd., Roechling Group, Woco Industrietechnik GmbH, 3M, Greiner Foam International, SA Automotive, ElringKlinger AG, BASF, Adler Pelzer Holding GmbH, and others.
Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Key Segments
Automotive Engine Encapsulation Market by Product Type, 2020-2029, (USD Million) (Thousand Units)
Body Mounted
Engine Mounted
Automotive Engine Encapsulation Market by Vehicle, 2020-2029, (USD Million) (Thousand Units)
Passenger Cars
Commercial Vehicle
Automotive Engine Encapsulation Market by Material, 2020-2029, (USD Million) (Thousand Units)
Polypropylene
Polyurethane
Carbon Fiber
Glass Wool
Detailed Table of Content
Introduction
Research Scope
Market Segmentation
Research Methodology and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Market Overview
Key Market Indicators
Emerging Market Trends
Macro and Micro Economic Factors
Production Process Analysis
Industry SWOT Analysis
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Global Automotive Engine Encapsulation Market, by Region
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Automotive Engine Encapsulation Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.
Highlights of Automotive Engine Encapsulation Market:
Market Expansion: Comprehensive information on the product portfolios of the top players in the Automotive Engine Encapsulation Market Size.
Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market
Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Automotive Engine Encapsulation Market.
Reasons to Purchase this Report
The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
The current and future state of the global cryogenic equipment industry in developed and emerging markets
Regions/countries expected to have the fastest growth rates at some point during the forecast period
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