Market Overview

The $6.9 Billion Automotive Engine Encapsulation Market by 2026: Global Opportunities & Challenges - ResearchAndMarkets.com

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The "Automotive
Engine Encapsulation - Global Market Outlook (2017-2026)"

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According to the report, the Global Automotive Engine Encapsulation
Market accounted for $3.42 billion in 2016 and is expected to reach $6.9
billion by 2026 growing at a CAGR of 8.1% during the forecast period.

Factors such as reduction in piston cylinder, need to reduce engine
noise and co2 emission, growing demand for silent vehicles and the
strict emission norms for the automotive industry are collectively
expected to propel the market growth. Rising demand for fuel-efficient
and energy-saving vehicles is providing ample of opportunities for the
market.

However, growing demand for electric and hybrid vehicles eliminates the
need for engine components and increased vehicle weight and fuel
consumption are hindering the growth of the market.

By product type, body mounted segment is anticipated to be the largest
segment of the Automotive Engine Encapsulation Market. This segment is
the main application of body mounted encapsulations presently and it has
a high penetration of luxury light-duty vehicles. Extensive R&D is being
agreed out to decrease the cost of the material of body mounted
encapsulations which in turn would cut the cost of body mounted
encapsulation systems.

Based on fuel type, gasoline segment is estimated to grow steadily
during the forecast period. Gasoline vehicles produce a less degree of
exhaust from their engines as compared to diesel engine vehicles.
Furthermore, environment-friendly mandates imposed by some governments
have led to a universal turn down in the making of diesel vehicles.
Hence, the OEMs are focusing on manufacturing their gasoline models
thermally and acoustically proficient by incorporating engine
encapsulations.

Company Profiles

  • UGN, Inc.
  • Saint-Gobain Isover SA
  • SA Automotive
  • RoEchling SE & Co. KG
  • Polytec Holding AG
  • Hennecke GmbH
  • Greiner Group
  • Furukawa Electric Co. Ltd.
  • Evonik
  • Elringklinger AG
  • Continental AG
  • Carcoustics Shared Services GmbH
  • BASF Corporation
  • Autoneum Holding AG
  • Adler Pelzer Holding GmbH
  • 3M Deutschland GmbH
  • Woco Industrietechnik GmbH
  • Uniproducts (India) Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/5xqpl7/the_6_9_billion?w=4

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