Heat Shield Market worth 4.19 Billion USD by 2021

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MarketsandMarkets Presents

Heat Shield Market worth 4.19 Billion USD by 2021

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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.

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• 85 market data Tables
• 46 Figures spread through 123 Pages
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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.
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• 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.
• Speak to Analyst http//www.marketsandmarkets.com
  /speaktoanalyst.asp?id12217042

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