NEW YORK, Oct. 11, 2023 /PRNewswire/ -- The automotive engine encapsulation market is estimated to grow by USD 2.43 billion from 2022 to 2027, growing at a CAGR of 6.72%. The automotive engine encapsulation market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive engine encapsulation market are 3M Co., Adler Pelzer Holding GmbH, Autoneum Holding Ltd., BASF SE, Carcoustics Shared Services GmbH, Continental AG, ElringKlinger AG, Evonik Industries AG, Furukawa Electric Co. Ltd., Hennecke GmbH, Rochling SE and Co. KG, SA Automotive Ltd., Trocellen GmbH, and Woco Industrietechnik GmbH. For details on companies and their offerings – Buy report!
Company Offering:
- 3M Co.: The company offers automotive engine encapsulation solutions that encases the entire part or chamber to protect the components inside
- Adler Pelzer Holding GmbH: The company offers automotive engine encapsulation solutions with improved performance in acoustic and flame retardancy at reduced density.
- Autoneum Holding Ltd.: The company offers innovative engine encapsulations that help to store heat in the engine bay for longer periods so that less fuel is used for cold starts.
- The report provides a full list of key companies, their strategies, and the latest developments. Download FREE Sample before buying
By Geography, the market is classified as APAC, Europe, North America, South America, and Middle East and Africa.
- APAC is estimated to contribute 49% to the growth of the global market during the forecast period. In the APAC region, the growth of the automotive engine packaging market will be influenced by various aspects such as environmental regulations, market demand, technological advancements, and economic considerations. Engine encapsulation, which involves surrounding the engine compartment with specialized materials, plays a key role in enhancing vehicle performance and efficiency as well as environmental responsibility. Hence, these factors will drive market growth in the APAC region during the forecast period.
Download FREE sample report to get more insights on the market share of various regions and contribution of the segments.
- Impactful driver- Increasing fuel efficiency and emission reduction
- Key Trend - Increasing consumer awareness of engine encapsulation benefits
- Major Challenges - The high cost of engine encapsulation
Market Segmentation
- By Product, the market is classified into body mounted and engine mounted. The body mounted segment is estimated to witness significant growth during the forecast period. The vehicle body mounts are structured to absorb vibrations and shocks generated by engine operation, thereby preventing excessive vibrations from being transmitted to the vehicle body and cabin. The placement of packing materials on vehicle body panels can help manage the heat generated by the engine, which can reduce heat transfer to the interior and exterior surfaces of the vehicle, contributing to heat management. Therefore, these factors reducing external noise and better weight distribution will contribute to the growth of the market during the forecast period.
Technavio Research experts have provided more insights on the market share of segments - View FREE Sample Report
Related Reports:
The global automotive engine oil market is estimated to grow by 1,016.72 million L between 2022 and 2027, accelerating at a CAGR of 3.7%.
The automotive engine market is estimated to decline at a CAGR of 3.43% between 2022 and 2027. The size of the market is forecast to increase by 14.23 million units.
Automotive Engine Encapsulation Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.72% |
YoY growth 2022-2023 (%) |
5.74 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Key countries |
US, China, India, Germany, and UK |
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact US:
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
![](https://rt.prnewswire.com/rt.gif?NewsItemId=CG33968&Transmission_Id=202310110315PR_NEWS_USPR_____CG33968&DateId=20231011)
Share this article