HOME Press Releases Heat Shield Market worth 4.19 Billion USD by 2021



Heat Shield Market worth 4.19 Billion USD by 2021


The report "Heat Shield Market by End-Use Industry (Automotive, Aircraft & Defense (Firearm)) and Material Type (Aluminum, Metallic, Non-Metallic) - Global Trends & Forecasts to 2021", The global market size of heat shield was USD 3.14 Billion in 2015 and is projected to reach USD 4.19 Billion by 2021, at a CAGR of 5.06% between 2016 and 2021. Rise in automotive and aircraft production, and rising concern towards safety in the end-use industries are the major factors driving the heat shield market.

       Request Sample      Request Sample

Browse 85 market data Tables and 46 Figures spread through 123 Pages and in-depth TOC on "Heat Shield Market by End-Use Industry (Automotive, Aircraft & Defense (Firearm)) and Material Type (Aluminum, Metallic, Non-Metallic) - Global Trends & Forecasts to 2021"
http://www.marketsandmarkets.com/Market-Reports/heat-shield-market-12217042.html
Early buyers will receive 10% customization on reports.

Automotive industry end-use industry captures the largest share of the heat shield market

The heat shield market is segmented based on end-use industry into automotive, aircraft, and defense (firearms). Automotive heat shield captured the maximum share of the overall heat shield market in 2015 and is projected to witness high growth rate during the forecast period. This is due to the rising living standards and rising demand for automotive in the developing countries.

By material type, non-metallic heat shield captures the largest share of the heat shield market

Heat shields are segmented as metallic and non-metallic based on the material type. Non-metallic heat shield is the most commonly used heat shield material mainly due to rising use of composites and related materials in the manufacturing of heat shields. In addition, the non-metallic heat shields are lighter in weight and have high temperature resisting capacity, which accounts for their higher market share.

Asia-Pacific is the largest heat shield market

The heat shield market is broadly segmented into six regions, namely, Asia-Pacific, North America, Western Europe, Central & Eastern Europe, South America, and the Middle East & Africa. Asia-Pacific is the largest heat shield market, followed by North America and Western Europe, in terms of value. The rising consumption of passenger cars, especially in the developing economies, and increased safety and security requirements in the exhaust system of automotive and aircrafts are some of the major factors boosting the heat shield market.

Currently, various market players such as are Morgan Advanced Materials (U.K.), Dana Holding Corporation (U.S.), Federal Mogul Holding Corporation (U.S.), Autoneum Holdings AG (Switzerland), Lydall Inc. (U.S.), Elringklinger AG (Germany), Progress-Werk Oberkirch AG (Germany), UGN Inc. (U.S.), ThermoTec Automotive (U.S.), and Zircotec (U.K.) dominate the global heat shield market.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports