Heat shield offers protection from heat by dissipation, reflection, or absorption. Typically, heat shield is made of steel and aluminum; however, based on application, composite materials can also be used as heat shield. Heat shield is primarily used in automotive, space, and industrial applications. In the automobile industry, heat shield is employed to protect the body work and other components from high temperature. A proper heat shield encompasses properties such as good reflectivity, emissivity, and conductivity. Aluminum is employed in most heat shield products, as it can withstand high temperatures and offer good reflectivity, emissivity, and conductivity.
Based on type, the heat shield market can be segmented into rigid heat shield and flexible heat shield. The global automotive heat shield market has been classified by the type of vehicle into passenger car, light commercial vehicle, and heavy commercial vehicle. In terms of application, the global heat shield market has been divided into exhaust system heat shield, engine compartment heat shield, turbo charger heat shield, under bonnet heat shield, and under chassis heat shield. Depending upon the temperature to which the materials are exposed, heat shield products are segmented into single shell heat shield, double shell heat shield, and sandwich heat shield. Shell heat shield is used for insurance against high temperature, while double shell heat shield is employed in moderate temperature. Sandwich heat shield is used during exposure to very high temperatures.
The global heat shield market expanded moderately in 2015. This trend is anticipated to continue during the forecast period. Increase in production and usage of automobiles owing to the technological advancements is one of the major factors driving the global heat shield market. . Growth in trend of battery driven vehicles is considered a restraint for the global heat shield market. Demand in end-use industries such as automotive, aircraft, and defense is another factor that strongly influences the global heat shield market. Rising concern about safety and security, especially in the exhaust system of aircraft, is also boosting the heat shield market. Space technology advancements also act as driver of the heat shield market as heat shields can be used in space shuttles. Rise in disposable income and increase in demand for luxurious automobiles are also augmenting the global heat shield market.
In terms of region, the heat shield market has been segmented into Europe, North America, Asia Pacific, Middle East & Africa, and Latin America. Europe is the key region in terms of usage of heat shield applications. Rise in demand for advanced automobile heat shields makes North America a significant region in the global heat shield market. Asia Pacific and Middle East & Africa are considered emerging regions for the heat shield market.
Key players operating in the global heat shield market include Dana Limited, Covpress Ltd, UGN Inc., HAPPICH GmbH, PROGRESS-WERK OBERKIRCH A.G, FEDERAL MOGUL, Morgan Advanced Materials, Autoneum, ElringKlinger A.G and Lydall Inc.
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