An automotive engine encapsulation helps in insulating the engine from the external environment, thereby maintaining heat in the engine when it is turned off. This, thereby slows down the engine cooling rate and subsequently provides the necessary initial heat during the time of starting the engine. Encapsulation thus reduces the friction between engine parts and thus provide short warm-up time for the engine.
Demand Scenario
The global automotive engine encapsulation market was USD 4.18 billion in 2018 and is estimated to reach USD 6.75 billion in 2025 at a CAGR of 7.09% during the forecast period.
Growth by Region
Asia Pacific leads the market owing to the growing automobile production. Emerging economies such as China and India from the Asia-Pacific region are the major contributors. Europe backed by well-established automotive industry holds the second largest market due to the presence of huge number of giant automakers in the region. North America, on the other hand, is also one of the lucrative markets and stands as a promising market.
Drivers vs Constraints
The market is mainly driven by growing awareness on the environment as well as increase in demand for low noise vehicles along with the rapid growth in the sales of fuel-efficient and aerodynamically efficient vehicles. However, the growth is hindered by high investment on research and development based on fuel-efficient components and also finding low-cost material for engine encapsulation.
Industry Trends and Updates
Roechling Automotive, a German-based company had opened a new factory in the northeast city of Shenyang, China to produce supply for BMW Group’s local joint venture Brilliance Automotive. The company has invested €3 million in the development of the plant.
ElringKlinger, a German-based automotive supplier company had announced €21 million investment into building a plant in Kecskemet, which is a home to German giant Diamler’s local operations. The new 10,000 sqm plant will make thermal shielding systems as well as employ a staff of 700.
Global Automotive Engine Encapsulation Market – by Product Type, Material Type, Vehicle Class, Fuel Type, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)
1. Research Methodology
2. Executive Summary
3. Market Overview
3.1. Definition
3.2. Industry Value Chain Analysis
3.3. Porter's 5 Forces
3.4. Regulations
4. Market Dynamics
4.1. Introduction
4.2. Drivers
4.3. Constraints
4.4. Trends
5. Global Automotive Engine Encapsulation Market Segmentation, Forecasts and Trends - by Product Type
5.1. Engine Mounted
5.2. Body Mounted
5.3. Others
6. Global Automotive Engine Encapsulation Market Segmentation, Forecasts and Trends - by Material Type
6.1. Carbon Fibre
6.2. Glasswool
6.3. PA
6.4. PP & PU
7. Global Automotive Engine Encapsulation Market Segmentation, Forecasts and Trends - by Vehicle Class
7.1. Economic
7.2. Mid Priced
7.3. Luxury
8. Global Automotive Engine Encapsulation Market Segmentation, Forecasts and Trends - by Fuel Type
8.1. Diesel
8.2. Gasoline
9. Global Automotive Engine Encapsulation Market Segmentation, Forecasts and Trends - by Region
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.1.3. Mexico
9.2. Europe
9.2.1. UK
9.2.2. France
9.2.3. Germany
9.2.4. Italy
9.2.5. Others
9.3. Asia-Pacific
9.3.1. India
9.3.2. China
9.3.3. Japan
9.3.4. Australia
9.3.5. Others
9.4. South America
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Others
9.5. Middle East and Africa
9.5.1. South Africa
9.5.2. UAE
9.5.3. Saudi Arabia
9.5.4. Egypt
9.5.5. Others
10. Competitive Intelligence
10.1. Company Market Share Analysis
10.2. Industry M&As, Consolidations
11. Company Profiles
11.1. Autoneum
11.2. Roechling
11.3. ElringKlinger
11.4. Greiner
11.5. Furukawa Electric
11.6. Woco
11.7. Adler Pelzer
11.8. Continental
11.9. SA Automotive
11.10. Hennecke
11.11. UGN
11.12. BASF
11.13. 3M
11.14. Uniproducts
11.15. Saint-Gobain
11.16. Polytec
11.17. Evonik
11.18. Carcoustics
11.19. Others
12. Investment Opportunities
