Aluminum Heat Shield Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2028

 

The global aluminum heat shield market is anticipated to grow at a significant CAGR of 3.7% during the forecast period 2022-2028.  Aluminum heat shields are primarily used to prevent an automobile’s engine from overheating when travelling at high speeds. They are made up of thick metal plates that cover and insulate the underside of the hood of an automobile. Some of the primary drivers of growth are rising demand for electric automobiles. According to IEA’s Global EV Outlook 2020, electric car sales surpassed 2.1 million globally in 2019, surpassing 2018 – already a record year – to bring the total number of electric cars on the road to 7.2 million. In 2019, electric cars accounted for 2.6% of the total auto sales globally and around 1% of global car stock, representing a 40% rise year over year.

Some of the key players profiled in the study are Dana Holding Corp., Lydall Inc., ELRINGKLINGER Inc., Thermotec Automotive Products Ltd., and Zircotec Inc., among others.

Aluminum Heat Shield Market Segmentation:

By Type

• Aluminum & Steel
• Aluminum & Magnesium

By Application

• Automotive
• Household Appliances
• Others

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key questions answered in this report:

• What is the size of the Aluminum Heat Shield market and what is its expected growth rate?
• What are the primary driving factors that push the Aluminum Heat Shield Market forward?
• What are the Aluminum Heat Shield Industry’s top companies?
• What are the different categories that the Aluminum Heat Shield Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Aluminum Heat Shield Market sample report and company profiles?