Press release
Magna and MAHLE Drive Innovation through Strategic Investments
Automotive Engine Cover Market
Competitive Landscape:
Market leaders like Magna International, MAHLE, Toyoda Gosei, Montaplast, Polytec, and Röchling Group compete on innovation in materials (plastics, composites, metals), manufacturing processes (injection molding, stamping, 3D printing), and integration of smart features.
Higher Demand in Asia‐Pacific:
Asia‐Pacific-led by China, India, and Japan-accounts for the largest market share (58% of APAC, USD 553 million in China alone) due to robust vehicle production, rising disposable incomes, and EV adoption.
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United States - Growth in Protective Engine Cover Solutions
In the United States, demand is rising for engine covers that protect against natural elements-storms, floods, road debris. The shift to electric and luxury vehicles (e.g., Tesla, Rivian) is generating opportunity in lightweight thermoplastic covers. U.S. regulatory standards (e.g., NHTSA) and after-market demand support consistent growth.
Asia Pacific - Opportunity in Lightweight & EV Engine Covers
Asia‐Pacific's automotive boom continues, with composite and thermoplastic covers leading innovation. The region offers significant opportunity for smart and eco-friendly materials. M&A activity includes strategic partnerships between OEMs and material suppliers to localize production of EV-compatible covers.
Europe - Trends in Modular & Sustainable Covers
Europe is embracing modular engine covers designed for hybrid and ICE platforms, with a shift toward recyclable thermoplastics. Major players like MAHLE and Magna invest in EU-based R&D. Regulatory trends (Euro 6/7) and premium vehicle markets (Germany, UK) drive sustainable and performance-focused product development.
Middle East & Africa - Consolidation in Aftermarket Growth
MEA sees consolidation via regional expansion and distributor mergers. Climate-durable covers are essential, especially in Gulf countries. Partnerships between global suppliers (e.g., Polytec, Toyoda Gosei) and local distributors are strengthening OEM and aftermarket pipelines in South Africa and UAE.
Key Recent Developments & M&A
Magna International has advanced its composite cover line for hybrid applications.
MAHLE GmbH built a new facility in Germany to enhance thermoplastic R&D.
Toyoda Gosei partnered with Asian OEMs to localize EV engine cover production.
Acquisitions include Montaplast integrating sensor-enabled smart covers.
Partnerships in India and China aim for lightweight, cost-effective engine covers.
Strategic Outlook
Automotive engine covers are evolving from passive components to multifunctional elements offering noise dampening, thermal management, and aesthetic value. Suppliers focusing on sustainable materials, modular designs, and smart integrations will lead in the era of electrification and regulatory compliance. Expansion through M&A and regional partnerships supports global scalability.
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Breaking Down the Automotive Engine Cover Market: Key Segments Shaping the Industry
by Manufacturing
Process Casting
Injection molding
Forging
With the largest market share of 62% in 2023, the Casting segment led the worldwide automobile engine cover market by manufacturing process. In the manufacturing process known as casting, molten material-typically metal-is poured into a mold to take on the desired shape. For the production of car engine covers, casting is a widely used technique. Casting's affordability, adaptability, and efficiency are what make it so appealing to the automotive industry. Casting allows engine covers to be produced in large quantities using comparatively cheap tools and equipment.
by Material Type
Composites
Metals
Thermoplastics
Others
According on Material Type, the Composites segment accounted for 44% of the automobile engine cover market in 2023 and is projected to rise at a compound annual growth rate (CAGR) of 4.12% from 2024 to 2030. This expansion is ascribed to a number of beneficial properties associated with composite materials. Composites are frequently made up of a variety of components, such as fibers (commonly carbon fiber or fiberglass) embedded in a matrix (usually a polymer resin). The material produced by this composition has a special set of qualities that are crucial for automotive applications.
by Application
Passenger Cars
Hatchback
Sedan
MPV
MUV
SUV
Commercial Vehicles
Light Commercial
Heavy Commercial
by Distribution Channel
OEM
Aftermarket
Meet the Industry Leaders Revolutionizing the Automotive Engine Cover Market
1. APR
2. AFE Power.
3. Kiva Container
4. Kuante Auto Parts Company Limited
5. Motherson
6. Oerlikon HRSflow.
7. Röchling Automotive
8. Roto-Fab
9. Sonus
10. Toyoda Gosei Co., Ltd
11. Others
Uncover Key Insights Answering the Biggest Questions in the Automotive Engine Cover Market
What is Automotive Engine Cover ?
What is the growth rate of the Automotive Engine Cover Market?
Which are the factors expected to drive the Automotive Engine Cover market growth?
What is the CAGR at which the Automotive Engine Cover market will grow during the forecast period?
What are the different segments of the Automotive Engine Cover Market?
Which is the fastest growing region in the Automotive Engine Cover market?
What growth strategies are the players considering to increase their presence in Automotive Engine Cover ?
What are the upcoming opportunities and trends for the Automotive Engine Cover Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Engine Cover Market?
Who are the leading companies and what are their portfolios in Automotive Engine Cover Market?
What segments are covered in the Automotive Engine Cover Market?
Who are the key players in the Automotive Engine Cover market?
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Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective
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