Automotive Engine Encapsulation Market Overview
By
2030 The Automotive Engine Encapsulation
Market is expected to reach a value of USD 5,500 Million at a CAGR of
more than 5.4% during the forecast period 2022-2030. The COVID-19 pandemic has
affected the market in a negative manner as there were lockdown and shutdown
restrictions implemented by our Government in several regions.
The
automotive engine encapsulation protects the engine from environmental issues
and maintains engine temperature for a long time, even after the engine is
turned off. This slows down the process of engine cooling rate and provides the
initial heat during start-up. Hence, it helps minimize CO2 emissions as the encapsulation reduces the
friction between engine parts and provides a warm-up time for the engine.
However,
the market is expected to return to a normal rate as economies start to recover
slowly. The main key factor operating the Automotive
Engine Encapsulation Market is the strict government pollution management
rules and regulation acts. The importance of the Automotive Engine Encapsulation Market will rise as governments
globally create strict pollution standards and plan to set even higher
emissions limitations over the upcoming years.
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Engine Encapsulation Market
Due
to many advantages, such as lower CO2 emissions and less airborne noise, demand
for automobile engine encapsulation is estimated to rise throughout the
predicted period. Engine encapsulation was previously only available in luxury
automobiles, but this feature is now increasingly offered in lower-end vehicles
to fulfill the difficult noise emission standards.
The
Vehicle fuel efficiency is improved by Engine encapsulation which allows the
engine and oils and lubricants to reach a higher beginning temperature; this is
why most producers include it in their cars. Due to the deficiency of
traditional engines in electric cars, the Automotive
Engine Encapsulation Market is predicted to be controlled.
Engine Encapsulation Industrial news
In
2021, BASF announced that it is increasing its product portfolio of polyamides
for the high-temperature range by developing a new heat-stabilized Ultramid for
the high-temperature range. The polyamide, strengthened with 30% glass fibers,
is known to display an excellent thermal aging performance and vibration in
internal combustion engines, hybrids, or electric vehicles.
Engine
Encapsulation Market Key Players
·
Röchling Group (Germany)
·
Adler Pelzer Holding GmbH (Germany)
·
Autoneum (Switzerland)
·
ElringKlinger AG (Germany)
·
Greiner Foam International GmbH (Austria)
·
Woco Industrietechnik GmbH (Germany)
·
Carcoustics (Germany)
·
Trocellen GmbH (Germany)
·
SA Automotive (US)
·
Continental Corporation (Germany)
Engine Encapsulation Market Regional analysis
Based
on region, the automotive engine
encapsulation market has been divided into North America, Europe,
Asia-Pacific, and the rest of the world.
The
Asia Pacific region is expected to dominate the market by volume and value. The
Asia Pacific region accounts for more than 50% of the global automobile
production. The region consists of developing economies such as China and
India, with other developed nations such as South Korea and Japan. The increase
in the disposable income in developing countries such as China and India and
the strict growing restriction of emission rules are the main key factors
operating the market in the Asia Pacific region.
Engine Encapsulation Market segmentation
By Material Type
●
Polypropylene
●
Polyurethane
●
Polyamide
●
Glass wool
●
Carbon fiber
By Product Type
●
Engine-mounted
●
Body-mounted
By Vehicle class
●
Economic light-duty vehicles
●
Mid-priced light-duty vehicles
●
Luxury light-duty vehicles
By Fuel Type
●
Gasoline
●
Diesel
By Region
●
Asia Pacific
●
Europe
●
North America
●
Rest of the World
Read more insightful report:
Europe Electric
Vehicles Market
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