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Automotive Engine Encapsulation Market by Type (Engine-Mounted and Body-Mounted), Material (Carbon Fiber, Polypropylene, Polyurethane and Polyamide), Fuel (Petrol, Diesel and Gasoline) and Application (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle and Electric Vehicle): Global Opportunity Analysis and Industry Forecast, 2021–2027

A10330
Pages: NA
Jun 2021 | 207 Views
 
Author(s) : NA
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COVID-19

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Automotive engine encapsulation is used for insulating the engine for better transfer of heat between the surroundings and the engine body, where the engine of the vehicle is covered with a shield. The covering of an engine’s vehicle creates a thermoplastic sandwich shield, which helps isolate engine noise, enhances the thermal efficiency of the vehicle, minimizes the warm-up time, and provides heat while the engine starts. Engine encapsulation retains the heat of the engine within the compartment to enhance the efficiency and performance of the engines by allowing lubricants and oils to maximize the performance. Growth in demand for silent vehicles and rise in concerns related to fuel-efficiency are driving the global automotive engine encapsulation market.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

 2021–2027

  Forecast unit 

  Value (USD)

  Segments covered

  Type, Material, Fuel, and Application

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Autoneum, Continental AG, Roechling Group, ElringKlinger AG, 3M, Evonik, Greiner Foam International, Furukawa Electric Co., Ltd., Woco Industrietechnik GmbH, and BASF

 

COVID-19 scenario analysis:

  • As the supply chain becomes stable, the OEMs are expected to gradually increase their production volume with the help of their firsthand experiences from locations that have already resumed operations in the market. 
  • The shutdown of OEM assembly plants had a pronounced ripple effect on the rest of the industry, with thousands of suppliers and sub-suppliers being directly impacted. 
  • It is estimated to have a slow restarting of operations, first for the plants and then for suppliers, with the plants that support the most profitable vehicles being the first to come back online. 
  • The industry is expected to witness restrictions continue for some time until the vaccine is found.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis 

The need to minimize engine noise and CO2 emission from vehicles is estimated to drive the market. Moreover, increased demand for electric and hybrid vehicles eliminates the need for engine components that can hamper the growth of the market. Furthermore, increased demand for fuel-efficient and energy-saving vehicles is expected to provide lucrative opportunities for the global automotive engine encapsulation market.

The global automotive engine encapsulation market trends are as follows:

Need to minimize engine noise: 

Diesel engines make a lot of noise, which makes buyers uncomfortable at times. Some of the most refined diesel engines can make a lot of noise when compared to a petrol engine. However, manufacturers are now penetrating the lower segment vehicles as well to meet stringent noise emission norm, which is expected to boost the global automotive engine encapsulation market.

Less CO2 emission from vehicles: 

Engine encapsulation enhances the fuel economy of vehicles by providing higher initial temperature to the engine and oils & lubricants along with enhancing the quality of exhaust coming out of the vehicle. Thus, manufacturers provide this addition in most of their vehicles, which is expected to drive the global automotive engine encapsulation market over the forecast period. 

Key segments covered:

Segments

Sub-segments

  Type

  • Engine-mounted
  • Body-mounted

  Material

  • Carbon Fiber
  • Polypropylene
  • Polyurethane
  • Polyamide

  Fuel

  • Petrol
  • Diesel
  • Gasoline

  Application

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Electric Vehicle

 

Key benefits of the report:

  • This study presents the analytical depiction of the global automotive engine encapsulation market industry along with current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global automotive engine encapsulation market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global automotive engine encapsulation market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions answered in the global automotive engine encapsulation market research report:

  • Which are the leading market players active in the global automotive engine encapsulation market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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