Heat Shield Market is Registering 5.06% CAGR from 2016 to 2021-MRH


Posted July 15, 2016 by Rohini

The market size of heat shield is projected to reach USD 4.19 billion by 2021 and is projected to register a CAGR of 5.06% between 2016 and 2021.

 
Heat Shield Market is projected to reach USD 4.19 billion by 2021 and is projected to register a CAGR of 5.06% between 2016 and 2021. The growing demand from the end-use industries such as automotive, aircraft, and defense is expected to drive the demand for heat shield. Increasing automotive and aircraft production and rising concern towards safety and security, especially in the exhaust system of automotive and aircrafts are the major factors boosting the heat shield market.

Complete report on Heat Shield Market spread across 123 pages, profiling 10 companies and supported with 85 tables and 46 figures is now available at
http://www.marketreportshub.com/heat-shield-industry-research-marketsandmarkets.html .

The automotive industry is expected to witness the highest growth rate between 2016 and 2021. The demand for heat shields in this industry is estimated to rise, especially due to the rise in the demand for passenger cars in the emerging economies such as India, China, and Brazil. The market is also expected to grow due to rising safety concerns in the exhaust system of automotive. Rising demands for luxury cars which require more heat shield protection due to large number of comfort and high-end features is further expected to boost the heat shield market.
Asia-Pacific is estimated to be the fastest-growing heat shield market, in terms of value. Increasing middle class population, rise in the automotive manufacturing activities in the region, and the presence of key heat shield manufacturers in the region are the major factors boosting the heat shield market in the region.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (37%); Tier 2 (50%) and other (13%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (50%), Directors Level (31%) and other (19%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (28%), Western Europe (24%), Central Europe (17%), Asia-Pacific (14%), the Middle East & Africa (10%), and Latin America (7%).

The report includes company profiles of key players and recent activities undertaken in the market such as new product launches, expansions, and R&D. Some of the major companies profiled in this report 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).

Ask for a discount before order a copy of Heat Shield Market by End-Use Industry (Automotive, Aircraft & Defense (Firearm)) and Material Type (Aluminum, Metallic, Non-Metallic) - Global Trends & Forecasts to 2021 at
http://www.marketreportshub.com/discount?rpid=4086 .

The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Automotive Heat Shield Market by Vehicle Type, Application (Exhaust System, Under Bonnet, Turbocharger, Engine Compartment, Under Chassis), Material (Metallic & Non-Metallic), Off Highway Vehicle (Loader & Excavator), and by Region - Global Trends & Forecasts to 2020. Now available at
http://www.marketreportshub.com/automotive-heat-shield-industry-research-marketsandmarkets.html .

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Issued By MarketReportHub
Country India
Categories Business , Marketing , Research
Tags heat , shield
Last Updated July 15, 2016