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Heat Shield Market by End-Use Industry and Material Type - Global Trends & Forecasts to 2021

Heat Shield Market: Forecasts until 2021

  • July 2016
  • 125 pages
  • ID: 3984709
In this report:
The heat shield market in Asia-Pacific is estimated to grow from USD ##,##.## million in 2016, and is expected to reach USD ##,##.## million by 2021, at a CAGR of ##.##%, between 2016 and 2021.
The global automotive heat shield market size is estimated at USD ##,##.## million in 2015 and is expected to reach USD ##,##.## million by 2021, at a CAGR of ##.##% during the forecast period.

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"The heat shield market is estimated to grow ~$4.2B by 2021"

The market size of heat shield is projected to extend ~$4.2B by 2021 and is expected to register a compound annual growth rate (CAGR) of ~5.1 percent between 2016 and 2021. The increasing demand from the end-use sectors like automotive, aircraft, and defense is predicted to push the demand for heat shield. Growing automotive and aircraft production and growing concern towards safety and security, especially in the exhaust system of automotive and aircrafts, are the key factors boosting the heat shield market.

"Automotive sector is anticipated to witness the more significant rise rate during the estimate period"

The automotive sector is anticipated to witness the more important increase rate between 2016 and 2021. The market demand for heat shields in this market is expected to increase, especially due to the growth in the industry demand for passenger cars in the emerging economies including India, China (CN), and Brazil (BR). The sector is also anticipated to grow due to increasing safety concerns in the exhaust system of automotive. Growing demands for luxury cars which require more heat shield protection due to big number of comfort and high-end features is further anticipated to boost the heat shield market.

"Asia-Pac is forecasted to be the quickest developing market during the outlook period"

Asia Pacific (APAC) is forecasted to be the quickest-increasing heat shield market, in terms of value importance. Growing middle class population, increase in the automotive manufacturing activities in the territory, and the presence of top heat shield manufacturers in the area are the main factors boosting the heat shield market in the territory.

Break-up of profiles by the primary participants for the analysis

- By Company Type - Tier 1 - 37.0 percent, Tier 2 - 50.0 percent, and 1/3 3 - 13.0 percent

- By Designation - C Level - 50.0 percent, Director Level - 31.0 percent, and Others - 19.0 percent

- By area - North america (NA) - 28.0 percent, Western Europe - 24.0 percent, Central Europe - 17.0 percent, Asia-Pacific - 14.0 percent, the Middle East & Africa - 10.0 percent, and Latin America - 7.0 percent

The market research includes company profiles of main actors and recent activities undertaken in the market including new product launches, business developments, and R&D. Some of the main firms decribed in this business report are Morgan Advanced Materials, Dana Holding Corporation, Federal Mogul Holding Corporation, Autoneum Holdings AG, Lydall Inc., Elringklinger AG, Progress-Werk Oberkirch AG, UGN Inc., ThermoTec Automotive, and Zircotec.

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