Automotive Engine Encapsulation Market 2019 Global Analysis, Size, Trends, Share, Growth, Competitive Landscape, Regional Outlook With Industry Forecast To 2023

Automotive Engine Encapsulation Market 2019 Global Analysis, Size, Trends, Share, Growth, Competitive Landscape, Regional Outlook With Industry Forecast To 2023

“Automotive Engine Encapsulation Market 2019”
Automotive Engine Encapsulation Market growing at 6.74% CAGR during 2019 to 2023, according to “Automotive Engine Encapsulation Market 2019 Global Industry Analysis Research Report”, published by Market Research Future. Global Automotive Engine Encapsulation Market Information by Type, Material, Fuel, Sales, Application with region forecast to 2023.

Automotive Engine Encapsulation Market growing at 6.74% CAGR during 2019 to 2023, according to “Automotive Engine Encapsulation Market 2019 Global Industry Analysis Research Report”, published by Market Research Future. 

Global Automotive Engine Encapsulation Market Information by Type (Engine-mounted and Body-mounted), Material (Carbon Fiber, Polypropylene, Polyurethane, Polyamide, and Others), Fuel (Petrol, Diesel, and Gasoline), Sales, Application (PV, LCV, HCV, and EV), with region forecast to 2023.

Global Automotive Engine Encapsulation Market Forecast Highlights:

The prominent players operating in the global automotive engine encapsulation market comprises Continental AG (Germany), Autoneum (Switzerland), ElringKlinger AG (Germany), Roechling Group (Germany), Furukawa Electric Co., Ltd. (Japan), Greiner Foam International (Austria), Adler Pelzer Holding GmbH (Germany), Woco Industrietechnik GmbH (Germany), Hennecke GmbH (Germany), and SA Automotive (U.S.).

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Market Research Future published research report on global Automotive Engine Encapsulation market. The Automotive Engine Encapsulation market is expected to witness 6.74% CAGR during the period, 2019 to 2023. The surging environmental awareness across the globe is likely to encourage the market growth.

Automotive engine encapsulation can be referred to as a process where the vehicle’s engine is covered by a shield, which further creates a thermoplastic sandwich shield. This shield helps to isolate the noise of the engine and helps to enhance its thermal efficiency. Engine encapsulation also helps to retain the engine’s heat within the compartment in order to surge its performance by letting the oils and lubricants perform at its best.

Resultantly, engine encapsulation has secured its place near the heart of every vehicle, called engine. This also presages that the automotive engine encapsulation market is a steadily growing space. The market is totally reliant on the unit sales of automobiles. With the increasing automotive sales over the past few years, the market is witnessing a huge traction, globally.

Automotive engine encapsulation helps to insulate the engine from the environment besides maintaining the heat inside the engine while it is turned off. This process helps to reduce the rate of engine cooling and offer initial heat to the engine when it starts. Encapsulation thus helps to lower the friction among the engine parts and offer them short warm-up time. Such factors are likely to contribute to the growth of the market. With silent vehicles growing in demand coupled with the rising concerns associated with fuel-efficiency, the demand for automotive engine encapsulation market is estimated to spur during the appraisal period. With strict government mandates across the globe, the sale for energy-efficient components has boomed. The increased sales of aerodynamically and fuel-efficient vehicles is further anticipated to create new growth opportunities for the market players.

Government regulation that promote the energy efficient components is a key driving force behind the upsurge the global automotive engine encapsulation industry is witnessing currently. Moreover, the growing awareness towards the increasing environmental concerns and the demand for low noise vehicles will further drive the market.

On the contrary, the high investment in R&D associated with seeking a low-cost or fuel-efficient material for engine encapsulation is considered some of the top challenges are vitiating the market growth across the globe. Moreover, the high cost of engine encapsulation coupled with the surging demand for electric vehicles is likely to deter the market growth in the coming years.

Automotive Engine Encapsulation Market Segmentation:

The global automotive engine encapsulation market has been segmented based on material, type, sales, fuel, and application.

By mode of type, the global automotive engine encapsulation market has been segmented into engine-mounted and body-mounted. Among these, the body-mounted encapsulation is likely to expand at the fastest rate. The segment is anticipated to penetrate at the fastest rate in the European region which has a high proliferation of luxury light-duty vehicles. With extensive R&D activities being carried out in order to lower the prices of body-mounted encapsulations, the segment is likely to register a promising growth.

By mode of material, the global automotive engine encapsulation market has been segmented into polypropylene, carbon fiber, polyamide, polyurethane, and others. Among these, the carbon fiber segment is predicted to gain prominence in the long run as it is an advanced material used in the automotive engine encapsulations. Despite being an expensive material, carbon fiber is always in demand as it can be used in shields and lightweight engine covers.

By mode of fuel, the global automotive engine encapsulation market has been segmented into petrol, gasoline, and diesel.

By mode of sales, the global automotive engine encapsulation market has been segmented into OEM and aftermarket.

By mode of application, the global automotive engine encapsulation market has been segmented into the light commercial vehicle (LCV), passenger vehicle (PV), electric vehicle (EV), and heavy commercial vehicle (HCV). Among these, the passenger vehicle is predicted to gain dominance in the coming years as most of the engines are encapsulated in passenger vehicles. The higher production of passenger vehicles compared to commercial vehicles can also be considered as a propelling factor to the segment’s growth.

Automotive Engine Encapsulation Market Regional Analysis:

Geographically, the market for automotive engine encapsulation span across regions namely, Europe, North America, Asia Pacific, and the Rest-of-the-World (RoW).

Considering the global scenario, the Asia Pacific region is considered to dominate the global automotive engine encapsulation market both in terms of volume and value. The surging production of automobiles in this region is anticipated to propel its growth in the coming years. With the growth in the infrastructural developments especially in the developing economies like India and China, the regional market is experiencing a boom. Moreover, the growing strict mandates by the government regarding the emissions are likely to contribute to the market’s growth.

The European region backed by the well-established automotive industry accounts for the second-largest market for the engine encapsulations. The presence of huge number of giant automakers in the region is the main driving force pushing the market growth up. The resurging economy is undoubtedly acting as a key driving growth force, increasing consumers’ purchasing power. Furthermore, the leading automotive technology providers in this region drive the market growth to an extent.

The North American region is emerging as one of the lucrative markets for automotive engine encapsulations.  The burgeoning automotive industry in the region provide impetus to the growth of the regional market, witnessing huge number of innovations.  Whereas, the high per capita income is driving the sales of new vehicles. Commutatively, these factors support the market growth in the region.

Table Of Content

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1 PORTER’S FIVE FORCES ANALYSIS

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

5 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY TYPE

5.1 INTRODUCTION

5.2 ENGINE-MOUNTED

5.2.1 MARKET ESTIMATES & FORECAST, 2018-2023

5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

5.3 BODY-MOUNTED

5.3.1 MARKET ESTIMATES & FORECAST, 2018-2023

5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

6 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY MATERIALS

6.1 INTRODUCTION

6.2 CARBON FIBER

6.2.1 MARKET ESTIMATES & FORECAST, 2018-2023

6.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

6.3 POLYPROPYLENE

6.3.1 MARKET ESTIMATES & FORECAST, 2018-2023

6.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

6.4 POLYURETHANE

6.4.1 MARKET ESTIMATES & FORECAST, 2018-2023

6.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

6.5 POLYAMIDE

6.5.1 MARKET ESTIMATES & FORECAST, 2018-2023

6.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

6.6 OTHERS

6.6.1 MARKET ESTIMATES & FORECAST, 2018-2023

6.6.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

7 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY FUEL

7.1 INTRODUCTION

7.2 PETROL

7.2.1 MARKET ESTIMATES & FORECAST, 2018-2023

7.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

7.3 DIESEL

7.3.1 MARKET ESTIMATES & FORECAST, 2018-2023

7.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

7.4 GASOLINE

7.4.1 MARKET ESTIMATES & FORECAST, 2018-2023

7.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

8 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY SALES

8.1 INTRODUCTION

8.2 OEM

8.2.1 MARKET ESTIMATES & FORECAST, 2018-2023

8.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

8.3 AFTERMARKET

8.3.1 MARKET ESTIMATES & FORECAST, 2018-2023

8.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

9 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY VEHICLE TYPE

9.1 INTRODUCTION

9.2 PASSENGER VEHICLE (PV)

9.2.1 MARKET ESTIMATES & FORECAST, 2018-2023

9.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

9.3 LIGHT COMMERCIAL VEHICLE (LCV)

9.3.1 MARKET ESTIMATES & FORECAST, 2018-2023

9.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

9.4 HEAVY COMMERCIAL VEHICLE (HCV)

9.4.1 MARKET ESTIMATES & FORECAST, 2018-2023

9.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

9.5 ELECTRIC VEHICLES

9.5.1 MARKET ESTIMATES & FORECAST, 2018-2023

9.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023

10 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY REGION

Continued…

List of Tables:

TABLE 1 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY REGION, 2018-2023

TABLE 2 NORTH AMERICA AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2018-2023

TABLE 3 EUROPE AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2018-2023

TABLE 4 ASIA PACIFIC AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2018-2023

TABLE 5 ROW AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2018-2023

Continued…

List of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

Continued…

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