LONDON, March 25, 2020 /PRNewswire/ -- Market and Volume Forecasts by Type (Engine-mounted and Body-mounted), by Material (Carbon Fiber, Polypropylene, Polyurethane, Polyamide and Others), Fuel (Diesel, Gasoline and Others), Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles) with Regional and National Market Analysis and Financial Analysis of Leading Companies
The global automotive engine encapsulation market is expected to grow by healthy growth rate of 5.3% over the forecast period from 2020 to 2030. The market was valued at $4.5 billion in 2019 and is expected to reach $7.9 billion by the end of forecast period 2030. Government stringent regulation, energy efficient components are demanded by the OEMs, rising environmental concern, and demand of low-noise cars; are the major factors boosting the demand of overall engine encapsulation in automotive market. The growing demand for fuel-efficient cars, combined with strict emission standards, has driven the development of the market for encapsulation of automotive engines. Engine encapsulation guarantees heat retention, enabling the engine with low fuel consumption and emissions to achieve its operating temperature.
Asia Pacific is expected to be the largest market for automotive engine encapsulation. Rising production and consumption of vehicles, growing high-end luxury cars demand, and technological advancements; all these factors are expected to propel the automotive engine encapsulation demand in APAC region. The growth of middle-class population and standard of living in the region, particularly in China and India, is driving the sales of vehicles which further supported to the overall market demand.
Leading companies featured in the Automotive Engine Encapsulation Market Report 2020-2030 report include Continental AG, 3M, Adler Pelzer Holding GmbH, Autoneum Holding AG, BASF Corporation, Elringklinger AG, Evonik, Furukawa Electric Co., Ltd, SA Automotive, SAINT-GOBAIN among others. Mergers & acquisitions and joint ventures constitute some of the industry players' common strategies for reducing product price overall and maintaining extremely competitive conditions. In order to guarantee continued raw material supplies and ease of installation services, many actors in the sector create alliances with raw material providers and third-party installers.
The comprehensive report provides market estimates and forecasts for leading domestic markets across the world for the period from 2020 to 2030. In addition, the report includes dedicated leading companies covering 10 leading engine encapsulation producers.
The report on the Automotive Engine Encapsulation Market Report 2020-2030 will appreciate anyone who wants to better understand the market in various end use industries. It will be useful for companies that want to better understand the part of the market in which they are already involved or those that want to enter or expand into another regional or technical part of the Automotive Engine Encapsulation industry.
Visiongain's timely report reveals how best to compete in this profitable market space and maximize your company's potential.
– Where are the most lucrative market prospects? – Who are the leadings companies and what does the competitive landscape look like? – What are the regional, technical and regulatory barriers to market entry? – What are the technological issues and roadmap driving the market? – Why is the market prospering and how can you fully exploit this? – When will the market fully mature and why?
Research and Analysis Highlights
335 Tables, Charts and Graphs Illustrating the Global Automotive Engine Encapsulation Market Prospects
Market Segmentation 2020-2030:
The global automotive engine encapsulation market is segmented on the basis of type, materials, fuel, vehicle type, and geography.
Automotive Engine Encapsulation Submarket Forecasts by Type Covering the Period 2020-2030 ($M & Volume) – Engine-mounted Market Forecast 2020-2030 ($M & Volume) – Body-mounted Market Forecast 2020-2030 ($M & Volume)
Asia Pacific Automotive Engine Encapsulation Forecast 2020-2030 ($M & Volume) – China Market Forecast 2020-2030 ($M & Volume) – Japan Market Forecast 2020-2030 ($M & Volume) – India Market Forecast 2020-2030 ($M & Volume) – South Korea Market Forecast 2020-2030 ($M & Volume) – Thailand Market Forecast 2020-2030 ($M & Volume) – Malaysia Market Forecast 2020-2030 ($M & Volume) – Indonesia Market Forecast 2020-2030 ($M & Volume) – Taiwan Market Forecast 2020-2030 ($M & Volume) – Rest of Asia Pacific Market Forecast 2020-2030 ($M & Volume)
Rest of the World Automotive Engine Encapsulation Forecast 2020-2030 ($M & Volume) – Middle East Market Forecast 2020-2030 ($M & Volume) – Africa Market Forecast 2020-2030 ($M & Volume)
Profiles of 10 Leading Companies, Involved in Automotive Engine Encapsulation Market – Continental AG – 3M – Adler Pelzer Holding GmbH – Autoneum Holding AG – BASF Corporation – Elringklinger AG – Evonik – Furukawa Electric Co., Ltd – SA Automotive – Saint-Gobain
SWOT And Porter's Five Forces Analysis
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Companies covered in the report include:
3M Adler Pelzer Holding GmbH Autoneum Holding AG BASF Corporation Carcoustics Shared Services GmbH Continental AG Elringklinger AG Evonik Furukawa Electric Co., Ltd Greiner Group Hennecke GmbH Polytec Holding AG RoEchling SE & Co. Kg SA Automotive Saint-Gobain UGN, Inc. Uniproducts (India) Ltd. Woco Industrietechnik GmbH