Automotive engine cover helps in the absorption of heat which further aid in controlling the measurement of warmth that goes ahead to engine bonnet. Automotive engine cover offer the function as an effective seal comprising critical fluid and gases.  Automotive engine cover perform numerous other capabilities, for instance weight control, vibration detachment of pass up gasses, extraction and return of oil-mist from pass up gasses, and appending areas to secure different segments.

Market Overview:

Automotive engine cover market has gained traction in recent years, and is estimated to grow considerably in the forecast years. In terms of regional markets, automotive engine cover segment is expected to foresee sizable increase in production in the European and North American economies. Automotive engine cover have high dimensional stability, high temperature and liquid resistance, and warmth diversion temperature, which is important to oblige the different elements of motor spreads. Automotive engine cover are perfect choice for covers which are used in driveline systems, such as transmissions, exchange cases, and differentials. Automotive engine cover considerably gives higher levels of strength, stiffness, and dimensional stability.

Market Dynamics

The global automotive engine cover market is relied upon to witness supported development over the forecast period. Development of global automotive engine cover is being driven as there is a good development in the passenger car business, and is the main consideration which will support the global automotive engine cover market. Expanding vehicle population in most of the locales around the globe is impacting the interest for automotive engine cover market positively, and the increase in disposable income of working population is supporting this growth.

Currently, the newest trend in the automotive engine cover market is the development of lightweight composite engine covers. Indulgence in long term contracts with various OEMs is also picking up a focused edge in the automotive engine cover market.

Market Segment

The Automotive Engine Cover Market is segmented on the basis of vehicle type, material type, manufacturing process, and region.

Based on the vehicle type, Automotive Engine Cover Market can be segmented into light commercial vehicle, medium commercial vehicle, heavy commercial vehicles, and passenger cars. According to the vehicle type, the passenger car will continue to be the fastest developing segment of automotive engine cover market in the estimated phase of 2017-2027. The higher manufacturing of traveler passenger cars and increasing interest for lightweight motor spreads are influencing the development of these engine covers throughout the following ten years, and will boost the Automotive Engine Cover Market.

On the basis of Material Type, Automotive Engine Cover Market can be segmented into thermoplastics, composites, metals, and others. Among the material type, composites segment is anticipated to continue the most major segment in material type segment in the automotive engine cover market during the forecast period. It has been noticed that there is a persistent move from metal engine covers to composites engine cover, as a result of their few points of interest including light weight, higher quality to-weight proportion, higher weakness properties and higher heat resistance, which will increase the revenues in Automotive Engine Cover Market.

On the basis of manufacturing process, the Automotive Engine Cover Market can be segmented into casting, injection molding, and others.

On the basis of the geographical market segment, it is segmented into seven different regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia-Pacific region, Japan and the Middle East and Africa.

Regional scenario in this market reflects growth in the Asia-Pacific region, during the estimated period. Rising automobile production and introduction of rigorous government controls, and high focus on explorer security and fuel viability are a few principle contemplations driving the enthusiasm for the automotive engine cover in Asia-Pacific region. Europe is anticipated to continue as the second main automotive engine cover market.

Market Key Players

Some of the players operating in the Automotive engine cover Market are DuPont, Ascend Performance Materials, Toray Group, Luxfer Group, MAHLE GmbH, The Mondragón Cooperative Corporation (MCC), Miniature Precision Components, Toyoda Gosei Co., Magna International, Inc., Polytec Group, Inc., Montaplast GmbH and Rochling Group.

In 2013, Polytec Group, which is one of the major players of the Automotive engine cover, started the production of engine soft covers for Volvo’s petrol driven cars, and then supplemented it by flexible foam components lying directly on the noise source.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

.