Automotive Heat Shield Market Size, Share 2022-27

According to IMARC Group latest report titled” Automotive Heat Shield Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027″, The global automotive heat shield market size reached US$ 10.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.3 Billion by 2027, exhibiting a growth rate (CAGR) of 3.6% during 2022-2027.

An automotive heat shield is a specially designed sheet that protects automotive parts from excessive heat generated from the engine and exhaust systems. It plays an essential role in increasing an engine’s power output by controlling temperatures under the bonnet and maintaining optimum thermal comfort inside the vehicle. Automotive heat shield fabrication can be done with both metallic and non-metallic materials, such as nylon, aluminum, and ceramics. These shields are cost-efficient, easy to install, are customizable.

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Automotive Heat Shield Market Trends & Drivers:

The expanding automotive sector, along with a growing focus on controlling carbon emissions from vehicles, is also propelling the global market for automotive heat shield. Furthermore, several technological advancements have led to the integration of superchargers in spark ignition and compression ignition engines, thereby augmenting the market growth. With an increasing preference for lighter automotive parts, numerous key manufacturers are also developing lightweight heat shield materials. Additionally, the emergence of electric and hybrid vehicles has led to a rise in demand for heat shields, which is further propelling the global market in the coming years.

Competitive Landscape with Key Players:

The report has also analysed the competitive landscape of the market with some of the key players being.

Autoneum

Carcoustics

Dana Incorporated

DuPont de Nemours Inc

ElringKlinger AG

HAPPICH GmbH

Lydall Inc.

Morgan Advanced Materials Plc

NICHIAS Corporation

Talbros Automotive Components Ltd.

Tenneco Inc.

Zircotec

Automotive Heat Shield Market Segmentation:

Market Breakup by Material:

Metallic

Non-Metallic

Market Breakup by Product:

Single Shell

Double Shell

Sandwich Type

Market Breakup by Application:

Exhaust System

Turbocharger

Under Bonnet

Engine Compartment

Under Chassis

Others

Market Breakup by Vehicle Type:

Passenger Car

Commercial Vehicles

Others

Market Breakup by Region:

North America: (United States, Canada)

Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America: (Brazil, Mexico, Others)

Middle East and Africa

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