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Automotive Engine Encapsulation Market Share

  • Report ID: GMI4950
  • Published Date: Feb 2021
  • Report Format: PDF

Automotive Engine Encapsulation Market Share

The industry is a highly competitive with the presence of large market players worldwide. Manufacturers are involved in collaboration with OEMs to gain a competitive advantage over other companies. For instance, BASF and Hyundai R&D engineers have jointly developed thermal engine encapsulation for their vehicles. Technological advancements are likely to have a huge impact on industry development.
 

Some of the key automotive engine encapsulation market participants are:

  • elringklinger
  • Autoneum
  • Woco Industrietechnik GmbH
  • Unitex India Pvt Ltd
  • SA Automotive
  • Adler Pelzer
  • DBW Advanced Fiber Technologies GmbH
  • Borgers SE & Co. KGaA
  • Bocholt
  • UFP Technologies, Inc.

Some of the key strategies adopted by these manufacturers are expansion of production facilities and investment in R&D and new product development.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Automotive engine encapsulation market share was recorded at USD 6 billion in 2020 and will grow at a CAGR of 4.5% through 2027.

The passenger car segment is set to value at nearly USD 5 billion by 2027 owing to their increasing sale and rising demand from aftermarket sector.

Due to their lower cost and ease of installation, mounted segment will grow at a CAGR of 4.5% through 2027.

OEM segment held more than 90% of the overall industry share in 2020 and will grow owing to soaring automotive production worldwide.

North America will capture nearly 20% of the global market share by 2027 driven by the presence of a huge vehicle fleet and automotive industry.

Automotive Engine Encapsulation Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 15
  • Tables & Figures: 301
  • Countries covered: 21
  • Pages: 200
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