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2021
Vapor Canister Market

Vapor Canister Market by Absorbing Material (Charred Wood Powder, Activated Carbon Powder, Ethylene Propylene Diene Monomer (EPDM), and Others), Vehicle Type (Two-Wheeler, Commercial Vehicle, and Passenger Vehicle), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12761
Pages: NA
Oct 2021 | 204 Views
   
Author(s) : Sonia Mutreja
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Charts: NA
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Automobile vapor canisters are components of the Evaporative Emission Control System (EVAP), filled with carbon or other materials. The primary function of the steam tank is to absorb unwanted pollutants from the fuel and supply the filtered fuel to the carburetor to ensure efficient engine operation and reduce emissions after fuel combustion. On a global scale, due to urbanization, industrialization and increased disposable income, the number of cars around the world has increased substantially. This factor has led to an increase in air pollution and an increase in carbon dioxide emissions from vehicles. The vapor canister reduces the rate of fuel emissions, which helps curb air pollution.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  Forecast units

  Value (USD)

  Segments covered

  Absorbing Material, Vehicle Type, Sales Channel, and Region

  Regions covered

North America (U.S., Canada and Mexico), Europe (Germany, U.K, France, Russia and rest of Europe), Asia-Pacific (China, Japan, India, South Korea and rest of Asia-Pacific), LAMEA (Latin America, Middle East and Africa)

  Companies covered

Standard Motor Products, Dorman, ACDelco, Motorcraft, Wells Vehicle Electronics, Ford, Mopar, Nissan, Toyota, Bosch, Chrysler

 

COVID-19 Impact analysis

The COVID-19 outbreak has disrupted the automotive industry on a large scale. It has led to the suspension of manufacturing facilities and a fall in the volume of sales. Also, the demand for both commercial and passenger vehicles has shown a downward trend in 2020. This decline, as expected, will affect the vapor headrest industry adversely, as the vehicle production is directly proportionate to the vapor canister. The budget allocation for R&D is likely to be less, which will hamper the innovation of automotive headrest. However, companies are taking preventive measures to tackle the adverse effects of the outbreak.

Top Impacting Factors

  • Rising air pollution, high fuel prices and stringent regional government regulation pertaining to emission are driving the global vapor canister market.
  • Growing adoption of electric vehicles and increasing price of gasoline is a major factor restraining the growth of the global vapor canister market.
  • Rapid industrialization and urbanization are creating new opportunities for the players operating in the global vapor canister market.

Market Trends

Active Purge Pump – Electrified Solution for reducing Hydrocarbon (HC)

Continental announced details of its new active purification pump (APP) technology, which the Tier 1 supplier sees as a new solution to meet the strictest global hydrocarbon evaporation regulations. Modern gasoline vehicles use canisters filled with activated carbon to collect all the gasoline vapors in the fuel tank. Charcoal canisters with accumulated hydrocarbons (HC) should be washed or disposed of from time to time. The HC-rich air is sent to the intake manifold and flows into the combustion chamber where it is burned. The system reduces evaporative HC emissions. The active cleaning pump (APP) does not rely on the vacuum. Instead, it will actively draw the charged HC air out of the tank. The pump used for this operation is a very compact and lightweight radial-pump driven by a high-efficiency brushless DC motor. The biggest benefit of this APP is that we can use it on demand and activate it whenever we need it, which makes this APP very suitable for turbocharged engines that run more frequently under higher loads, engines without throttle, start, stop, and hybrid power. The power system that the engine shuts down for a long time. Therefore, it supports the trend toward higher-level system integration, and it can flexibly combine the functional content required by APP from hardware and software components.

Key segments covered:

Segments

Sub-segments

  Absorbing Material

  • Charred Wood Powder
  • Activated Carbon Powder
  • Ethylene Propylene Diene Monomer (EPDM)
  • Others

  Vehicle Type

  • Two-Wheeler
  • Passenger car
  • Commercial vehicle

  Sales Channel

  • OEM
  • Aftermarket

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 

Key benefits of the report:

  • This study presents the analytical depiction of the vapor canisters industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of vapor canisters market.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the vapor canisters market growth scenario.
  • The report provides a detailed vapor canister market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the vapor canisters market research report:

  • Which are the leading market players active in the vapor canisters market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the vapor canisters market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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