Press release
Increasing Focus On Light Weight Materials For Heat Shield Manufacturing: A Key Catalyst Accelerating Automotive Heat Shield Market Growth in 2025
Automotive Heat Shield
Automotive Heat Shield Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the automotive heat shield market has been expanding substantially in the past few years. Its growth is projected to rise from $14.85 billion in 2024 to $15.69 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.7%. The past growth in this market is due to factors such as concerns over engine efficiency, emission regulations, advancements in materials, and performance demands.
Automotive Heat Shield Market Size Forecast: What's the Projected Valuation by 2029?
Expectations point to robust expansion for the automotive heat shield market in the coming years, with predictions of it reaching a worth of $21.04 billion by 2029 at a compound annual growth rate of 7.6%. The projected growth during this forecast period can be credited to factors such as the rise in electric and autonomous vehicles, concerns over global climate, and advancements in manufacturing techniques. Future trends that are anticipated to influence the market during this period include the incorporation of intelligent technology, customization, personalization, and the pursuit of sustainable solutions.
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What Are the Drivers Transforming the Automotive Heat Shield Market?
The increasing attention to lightweight material heat shields is fueling the expansion of the automotive heat shield market. Such a heat shield reduces the vehicle's weight and enhances its effectiveness. In contrast to weighty materials, a lightweight heat shield provides thermal protection and boosts the overall car performance. The Office of Energy Efficiency & Renewables Energy reports that a 10% decrease in vehicle weight can result in fuel savings of 6-8%. By 2030, if lightweight components and efficient engines are used in a quarter of the US fleet, an annual saving of up to 5 billion gallons of fuel can be realized. Additionally, lightweight heat shields insulated with melamine foam can endure temperatures up to 1000°F. Meanwhile, heat shields constructed with a thin hydrophobic melamine foam layer for spot heat fixing are rated for up to 800°F and are 98% reflective. The interest in lightweight heat shields, which offer fuel efficiency and thermal protection, is increasing, thereby stimulating the automotive heat shield market's growth.
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What Long-Term Trends Will Define the Future of the Automotive Heat Shield Market?
The use of soundproof heat shields is on the rise to fulfill governmental regulations regarding noise reduction. For example, Autoneum, a prominent Swiss manufacturer specializing in thermal insulation for vehicles and vehicle acoustics, has developed acoustic heat shields using its proprietary RIMIC technology. This tech aids in the reduction of vehicle noise emissions by converting airborne sound into thermal energy and absorbing it. This heat shield has the capacity to absorb high-frequency sounds in the range of 2-6 kHz. Various automobile manufacturers such as BMW, Mercedes Benz, and Volvo are incorporating these types of heat shields in their designs.
Which Segments in the Automotive Heat Shield Market Offer the Most Profit Potential?
The automotive heat shield market covered in this report is segmented -
1) By Material Type: Metallic, Non-metallic
2) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
3) By Product Type: Single Shell, Double Shell, Sandwich
4) By Application: Exhaust System Heat Shield, Turbocharger Heat Shield, Under Bonnet Heat Shield, Engine Compartment Heat Shield, Under Chassis
5) By Sales Channel: OEM, After market
Subsegments:
1) By Metallic: Aluminum Heat Shields, Stainless Steel Heat Shields, Copper Heat Shields
2) By Non-metallic: Fiberglass Heat Shields, Ceramic Heat Shields, Composite Heat Shields, Thermal Insulating Mats
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Which Firms Dominate the Automotive Heat Shield Market by Market Share and Revenue in 2025?
Major companies operating in the automotive heat shield market include Autoneum Nittoku Pvt. Ltd., Carcoustics, Dana Incorporated, ElringKlinger AG, Lydall Inc., Morgan Advanced Materials plc, Tenneco Inc., UGN Inc., Covpress Ltd, DuPont de Nemours, Inc., Happich GmbH, Sumitomo riko Co. Ltd., Talbros Automotive Components Ltd., Ningbo Tuopu Group, Zhuzhou Times New Material Technology Co., Ltd., Zircotec Ltd., NICHIAS Corporation, Adient PLC, Aisin Corporation, BorgWarner Inc., Continental AG, Denso Corporation, Hitachi Astemo, Ltd., JTEKT Corporation, Parker Hannifin Corporation, Robert Bosch GmbH, Compagnie de Saint-Gobain S. A, Schaeffler Technologies AG & Co. KG, Siemens AG, Sogefi Group
Which Regions Offer the Highest Growth Potential in the Automotive Heat Shield Market?
Asia-Pacific was the largest region in the automotive heat shield market in 2024.Europe was the second-largest region in the automotive heat shield market share. The regions covered in the automotive heat shield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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