Heat Shield Market To Surge USD 4.19 Billion with Healthy CAGR of 5.65% by 2029, Share, Size, Key Growth Drivers, Challenges, Trends and Segmentation Outlook

These shields have gained popularity in recent years due to their low cost, ease of installation, and manufacturers' introduction of customizable and tailor-made variants. The improvement in the safety and performance of automotive components has become critical for heat shield manufacturers. The manufacturers are increasing their research and development efforts to develop lightweight fiber materials that offer heat and flame resistance. Consequently, owing to these determinants the market will gain lucrative growth.

Global Heat Shield Market was valued at USD 4.19 billion in 2021 and is expected to reach USD 6.50 billion by 2029, registering a CAGR of 5.65% during the forecast period of 2022-2029. The "automotive" segment accounts for the largest growing end use segment in the heat shield market owing to its increased utilization of heat shield across automotive sector. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

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Some of the major players operating in the heat shield market are

• Morgan Advanced Materials (U.K.)
• Dana Limited (U.S.)
• Federal-Mogul Holding Corporation (U.S.)
• Autoneum (Switzerland)
• Lydall Inc. (U.S.)
• Heat Shield Products (U.S.)
• Progress-Werk Oberkirch AG (Germany)
• UGN Inc. (U.S.)
• Zircotec (U.K)
• .ThermoTec (U.S.)
• Elringklinger AG (Germany)
• Happich Gmbh (Germany)
• Carcoustics (Leverkusen)
• Datsons Engineering Works Private Limited (India)
• J&S GmbH Automotive Technology (Germany)

Heat Shield Market Regional Analysis/Insights

The heat shield market is analyzed and market size insights and trends are provided by country, material type, product and end-use industry as referenced above.

The countries covered in the heat shield market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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