自動車用ヒートシールド市場 – 2032年までの世界予測

Automotive Heat Shield Market - Global Forecast to 2032

自動車用ヒートシールド市場 - 用途(エンジン、排気、ボンネット下、シャーシ下、ターボチャージャー)、製品(シングルシェル、ダブルシェル、サンドイッチ)、機能(音響、非音響)、材質、車両タイプ、EVタイプ、地域別 - 2032年までの世界予測
Automotive Heat Shield Market by Application (Engine, Exhaust, Under-bonnet, Under-chassis, Turbocharger), Product (Single-shell, Double-shell, Sandwich), Function (Acoustic, Non-acoustic), Material, Vehicle Type, EV Type, and Region - Global Forecast to 2032

商品番号 : SMB-76945

出版社MarketsandMarkets
出版年月2025年4月
ページ数259
図表数306
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The automotive heat shield market is projected to grow from USD 12.14 billion in 2025 to USD 12.68 billion by 2032 at a CAGR of 0.6%.

自動車用ヒートシールド市場は、2025年の121億4,000万米ドルから2032年には126億8,000万米ドルに、年平均成長率0.6%で成長すると予測されています。

The demand for heat shield materials is shifting toward options that are lightweight, low in density, and capable of withstanding high temperatures. The increasing use of turbochargers in ICE vehicles is driving the need for heat shields to effectively manage high temperatures and improve engine efficiency. Additionally, the rise in plug-in hybrid electric vehicles is expected to further increase the demand for heat shields, as they are essential for protecting both engine and electric components. Enhanced heat shield insulation for better thermal resistance and fuel efficiency standards propel market growth.

ヒートシールド材の需要は、軽量で低密度でありながら、高温に耐えられる素材へと移行しています。内燃機関(ICE)車におけるターボチャージャーの採用増加に伴い、高温を効果的に管理しエンジン効率を向上させるヒートシールドの需要が高まっています。さらに、プラグインハイブリッド車(PHEV)の増加も、エンジンと電気部品の両方を保護するために不可欠なヒートシールドの需要をさらに高めると予想されます。耐熱性の向上と燃費基準の達成に向けたヒートシールド断熱性能の強化が、市場の成長を牽引しています。

自動車用ヒートシールド市場 - 2032年までの世界予測
automotive-heat-shield-market

“Non-metallic heat shields are pegged to grow at a higher rate in the automotive heat shield market during the forecast period.”

Non-metallic heat shields are projected to grow at a higher rate in the automotive heat shield market during the forecast period. Made from composite materials, ceramic fibers, and other insulating materials, these heat shields provide effective thermal protection while being lighter than metallic alternatives. These heat shields are commonly used in various applications, including engine compartments, electronic boxes, ECUs, batteries, and firewalls under the bonnet. They are also applied to under-chassis components like transmission tunnels, gearboxes, and turbocharger systems, including intake manifolds and air intake areas. The rising demand for lightweight and fuel-efficient vehicles drives the growth of the automotive non-metallic heat shield market. Companies such as Kokusan Parts Industry Co., Ltd. (Japan), Carcoustics (Germany), Anhui Parker New Material Co., Ltd. (China), ElringKlinger AG (Germany), Tenneco Inc. (US), and Alkegen (US), among others, provide non-metallic heat shields tailored for various automotive applications.

“The acoustic heat shield segment is projected to be the larger segment in the market during the forecast period.”

Acoustic heat shields are estimated to account for the largest market share in the automotive heat shield market due to their dual functionality of thermal insulation and noise reduction. As modern vehicles increasingly focus on passenger comfort and regulatory compliance, manufacturers integrate acoustic heat shields to minimize engine and exhaust noise while effectively managing heat dissipation. The growing adoption of lightweight and multi-layered heat shields in internal combustion engine vehicles, hybrids, and electric vehicles further boosts demand. Vehicle models such as the Ford Mustang, General Motors’ Chevrolet Corvette, and Daimler’s Mercedes-Benz G-Class incorporate thermal acoustical protective shields (TAPS). Additionally, advancements in composite materials and manufacturing technologies enhance their efficiency, making them the preferred choice for automakers globally.

自動車用ヒートシールド市場 - 2032年までの世界予測 region
automotive-heat-shield-market-region

“Europe is projected to account for a significant market share in the automotive heat shield market during the forecast period.”

Europe is expected to have a significant market share in the automotive heat shield market during the forecast period. The European automotive heat shield market is primarily driven by stringent environmental regulations that mandate cleaner and more sustainable automobiles. This has increased demand for advanced heat shield materials and lightweight thermal insulation solutions to improve fuel efficiency and reduce emissions. The increasing emphasis on fuel efficiency and thermal management has also raised the demand for high-performance heat shields, which help minimize energy losses in vehicle systems by effectively managing heat dissipation. Additionally, the region’s transition toward EVs is accelerating demand for specialized heat shields designed to address the unique thermal challenges of EV powertrains, such as battery temperature regulation, motor cooling, and protection of electrical components from excessive heat. ElringKlinger AG (Germany), Autoneum (Switzerland), Carcoustics (Germany), Adler Pelzer Holding GmbH (Germany), and Zircotec (UK), among others, are some of the leading automotive heat shield manufacturers in the region.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

  • By Company Type: Tier I – 49%, Tier II – 29%, and OEM – 22%
  • By Designation: C-level – 58%, D-level – 26%, and Others – 16%
  • By Region: North America – 35%, Europe – 24%, and Asia Pacific – 41%

The automotive heat shield market is dominated by major players, including Tenneco Inc. (US), Dana Limited (US), ElringKlinger AG (Germany), Autoneum (Switzerland), Alkegen (US), Sanwa Packing Industry Co., Ltd. (Japan), Technol Eight Group (Japan), Thai Summit Group (Thailand), Kokusan Parts Industry Co., Ltd. (Japan), Carcoustics (Germany), Aspen Aerogels, Inc. (US), Futaba Industrial Co., Ltd. (Japan), DuPont (US), Zircotec (UK) and Morgan Advanced Materials (UK) These companies are developing products tailored to specific applications, incorporating new features, and using innovative materials.

自動車用ヒートシールド市場 - 2032年までの世界予測 ecosystem
automotive-heat-shield-market-ecosystem

Study Coverage

The report covers the automotive heat shield market in terms of Application (Exhaust system heat shield, Turbocharger heat shield, Under bonnet heat shield, Engine compartment heat shield, and Under chassis heat shield), Product (Single Shell, Double Shell, Sandwich), Function (Acoustic, Non-Acoustic), Material type (Metallic and non-metallic), Vehicle Type, Electrical Vehicle Type, and Region. It covers the competitive landscape and company profiles of the major automotive heat shield market ecosystem players.

The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

  • The report will help market leaders/new entrants with information on the closest approximations of revenue numbers for the overall automotive heat shield market and its subsegments.
  • This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • The report also helps stakeholders understand the current and future pricing trends of the automotive heat shield market.

The report provides insight on the following pointers:

  • Analysis of key drivers (Innovation in heat shield insulation techniques for enhanced thermal resistance, growing focus on lightweight and fuel efficiency standards, and rise in electrical/electronic components in vehicles), restraints (restrictions on ICE vehicles by major countries, and customization requirements increasing production complexity and cost), opportunities (rising demand for PHEVs, and Recycling scrap automotive heat shield insulation material), and challenges (active cooling systems reducing reliance on passive heat shielding)
  • Product Development/Innovation: Detailed insights on upcoming technologies and research & development activities in the automotive heat shield market
  • Market Development: Comprehensive information about lucrative markets—the report analyses the automotive heat shield market across varied regions
  • Market Diversification: Exhaustive information about untapped geographies, recent developments, and investments in the automotive heat shield market
  • Competitive Assessment: In-depth assessment of market share, growth strategies, and product offerings of leading players like Tenneco Inc. (US), Dana Limited (US), ElringKlinger AG (Germany), Autoneum (Switzerland), and Alkegen (US) in the automotive heat shield market

Table of Contents

 

 

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   26

1.2.1        INCLUSIONS AND EXCLUSIONS 28

1.3           STUDY SCOPE   29

1.3.1        MARKETS COVERED       29

1.3.2        YEARS CONSIDERED      30

1.4           CURRENCY CONSIDERED            30

1.5           STAKEHOLDERS               31

1.6           SUMMARY OF CHANGES               31

2               RESEARCH METHODOLOGY       32

2.1           RESEARCH DATA              32

2.1.1        SECONDARY DATA          33

2.1.1.1    Secondary sources                34

2.1.1.2    Key data from secondary sources       35

2.1.2        PRIMARY DATA 35

2.1.2.1    Primary Interview with Experts          36

2.1.2.2    Key industry insights           36

2.1.2.3    Breakdown of primary interviews      37

2.1.2.4    List of primary participants 37

2.2           MARKET SIZE ESTIMATION         37

2.2.1        BOTTOM-UP APPROACH              39

2.2.2        TOP-DOWN APPROACH                40

2.3           DATA TRIANGULATION                42

2.4           FACTOR ANALYSIS          44

2.5           RESEARCH ASSUMPTIONS           44

2.6           RESEARCH LIMITATIONS             45

2.7           RISK ASSESSMENT           46

3               EXECUTIVE SUMMARY  47

4               PREMIUM INSIGHTS       51

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE HEAT SHIELD MARKET   51

4.2           AUTOMOTIVE HEAT SHIELD MARKET, BY REGION                 52

4.3           AUTOMOTIVE HEAT SHIELD MARKET, BY PRODUCT TYPE     52

4.4           AUTOMOTIVE HEAT SHIELD MARKET, BY APPLICATION   53

4.5           AUTOMOTIVE HEAT SHIELD MARKET, BY FUNCTION                 53

4.6           AUTOMOTIVE HEAT SHIELD MARKET, BY MATERIAL TYPE     54

4.7           AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE     54

4.8           AUTOMOTIVE HEAT SHIELD MARKET, BY ELECTRIC VEHICLE TYPE  55

5               MARKET OVERVIEW       56

5.1           INTRODUCTION              56

5.2           MARKET DYNAMICS       57

5.2.1        DRIVERS               57

5.2.1.1    Innovation in heat shield insulation techniques for enhanced thermal resistance                 57

5.2.1.2    Growing focus on light-weighting and fuel efficiency standards                 58

5.2.1.3    Rise in electrical/electronic components in vehicles      59

5.2.2        RESTRAINTS      60

5.2.2.1    Restrictions on ICE vehicles by key countries 60

5.2.2.2    Customization requirements increasing production complexity and cost 61

5.2.3        OPPORTUNITIES              61

5.2.3.1    Rising demand for PHEVs  61

5.2.3.2    Recycling scrap automotive heat shield insulation material                 62

5.2.4        CHALLENGES    62

5.2.4.1    Active cooling systems reducing reliance on passive heat shielding 62

5.3           KEY STAKEHOLDERS AND BUYING CRITERIA     63

5.3.1        KEY STAKEHOLDERS IN BUYING PROCESS           63

5.3.2        BUYING CRITERIA           64

5.4           ECOSYSTEM ANALYSIS  65

5.4.1        RAW MATERIAL SUPPLIERS         66

5.4.2        AUTOMOTIVE HEAT SHIELD MANUFACTURERS                 66

5.4.3        TIER 1 SUPPLIERS            66

5.4.4        OEMS    66

5.5           VALUE CHAIN ANALYSIS               67

5.6           PRICING ANALYSIS          69

5.6.1        AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS  BY VEHICLE TYPE          69

5.6.2        AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS, 

BY APPLICATION             69

5.6.3        AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS, 

BY EV APPLICATION      70

5.6.4        ASIA PACIFIC: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS, BY APPLICATION              70

5.6.5        EUROPE: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS, BY APPLICATION              70

5.6.6        NORTH AMERICA: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS, BY APPLICATION              71

5.6.7        ROW: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS,

BY APPLICATION             71

5.6.8        INDIA: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS BY APPLICATION                71

5.7           TECHNOLOGY ANALYSIS             72

5.7.1        KEY TECHNOLOGIES     72

5.7.1.1    Electrospun bioactive glass heat shielding        72

5.7.1.2    Thermal acoustic protective shielding (TAPS)                72

5.7.1.3    Advanced thermo-oxidative resistant textile composite heat shielding 73

5.7.2        COMPLEMENTARY TECHNOLOGIES       73

5.7.2.1    Advanced battery thermal management heat shielding 73

5.7.2.2    Embossed and formed aluminum heat shielding             73

5.7.2.3    Self-adhesive heat shielding                74

5.7.3        ADJACENT TECHNOLOGIES       74

5.7.3.1    Shell heat shield technology                74

5.7.3.2    Integrated technology heat shielding                 74

5.7.3.3    Flexible technology heat shielding     75

5.8           PATENT ANALYSIS          75

5.9           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            78

5.10         CASE STUDY ANALYSIS 78

5.10.1      ENHANCING MANUFACTURING EFFICIENCY OF AUTOMOTIVE HEAT SHIELDS   78

5.10.2      AUTOMATION IN AUTOMOTIVE HEAT SHIELD MANUFACTURING          79

5.10.3      OPTIMIZING HEAT SHIELD DESIGN FOR AUTOMOTIVE APPLICATIONS 79

5.10.4      ENHANCING HEAT SHIELD PERFORMANCE FOR COMPOSITE SPORTS CAR BODIES           80

5.11         KEY CONFERENCES AND EVENTS             80

5.12         REGULATORY FRAMEWORK       81

5.12.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             82

5.13         MARKETSANDMARKETS INSIGHT ON AVERAGE WEIGHT OF HEAT SHIELD IN PASSENGER CARS                 85

5.13.1      AVERAGE WEIGHT OF HEAT SHIELD IN PASSENGER CARS      85

5.13.2      AVERAGE WEIGHT OF EXHAUST SYSTEM HEAT SHIELD IN PASSENGER CARS       86

5.13.3      AVERAGE WEIGHT OF UNDER-BONNET HEAT SHIELD IN PASSENGER CARS       86

5.13.4      AVERAGE WEIGHT OF UNDER CHASSIS HEAT SHIELD IN PASSENGER CARS             87

5.13.5      AVERAGE WEIGHT OF TURBOCHARGER HEAT SHIELD IN PASSENGER CARS       87

5.14         TRADE DATA     88

6               AUTOMOTIVE HEAT SHIELD MARKET, BY PRODUCT TYPE     91

6.1           INTRODUCTION              92

6.2           SINGLE SHELL   94

6.2.1        HIGH REFLECTIVITY AND LIGHTWEIGHT NATURE TO DRIVE DEMAND FOR SINGLE-SHELL ALUMINUM HEAT SHIELDS                 94

6.3           DOUBLE SHELL                 95

6.3.1        NEED FOR THERMAL COMFORT IN PASSENGER COMPARTMENTS AND ENGINE ENCAPSULATIONS TO BOOST DEMAND             95

6.4           SANDWICH         96

6.4.1        HIGH THERMAL AND ACOUSTIC PERFORMANCE OF SANDWICH HEAT SHIELDS TO DRIVE MARKET GROWTH                 96

6.5           KEY INDUSTRY INSIGHTS             97

7               AUTOMOTIVE HEAT SHIELD MARKET, BY APPLICATION   98

7.1           INTRODUCTION              99

7.2           EXHAUST SYSTEM HEAT SHIELD              101

7.2.1        FOCUS ON INCREASING FUEL EFFICIENCY WOULD IMPACT DEMAND            101

7.3           ENGINE COMPARTMENT HEAT SHIELD                103

7.3.1        DEMAND FOR POWERFUL ENGINES WITH REDUCED NOISE TO DRIVE MARKET            103

7.4           UNDER-BONNET HEAT SHIELD 104

7.4.1        RISE IN ELECTRICAL/ELECTRONIC COMPONENTS IN VEHICLES TO DRIVE DEMAND FOR HEAT-SENSITIVE COMPONENTS  104

7.5           UNDER-CHASSIS HEAT SHIELD 105

7.5.1        TECHNOLOGICAL ADVANCEMENTS IN VEHICLE TRANSMISSION SYSTEMS TO DRIVE MARKET     105

7.6           TURBOCHARGER HEAT SHIELD                106

7.6.1        GROWTH IN TREND OF ENGINE DOWNSIZING TO FUEL MARKET               106

7.7           KEY INDUSTRY INSIGHTS             107

8               AUTOMOTIVE HEAT SHIELD MARKET, BY FUNCTION                 108

8.1           INTRODUCTION              109

8.2           ACOUSTIC           110

8.2.1        NEED FOR THERMAL PROTECTION WITH OPTIMIZED NOISE ATTENUATION TO DRIVE DEMAND         110

8.3           NON-ACOUSTIC               111

8.3.1        INCREASE IN DEMAND FOR PRIORITIZED THERMAL PROTECTION AND DURABILITY TO DRIVE MARKET       111

8.4           KEY INDUSTRY INSIGHTS             113

9               AUTOMOTIVE HEAT SHIELD MARKET, BY MATERIAL TYPE     114

9.1           INTRODUCTION              115

9.2           LIGHTWEIGHT MATERIAL COMPARISON WITH STEEL                 115

9.3           METALLIC           117

9.3.1        STRONG DEMAND FOR ICE VEHICLES IN EMERGING ECONOMIES TO DRIVE MARKET               117

9.4           NON-METALLIC                118

9.4.1        SHIFT TOWARD FUEL-EFFICIENT AND LIGHTWEIGHT VEHICLES TO DRIVE MARKET    118

9.5           KEY INDUSTRY INSIGHTS             119

 

10            AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE     120

10.1         INTRODUCTION              121

10.2         PASSENGER CARS             122

10.2.1      RISE IN INTEGRATION OF TURBOCHARGED ENGINES TO DRIVE MARKET         122

10.3         LIGHT COMMERCIAL VEHICLES                124

10.3.1      DEMAND FOR HIGH FUEL EFFICIENCY IN LCVS TO FUEL MARKET               124

10.4         HEAVY COMMERCIAL VEHICLES               125

10.4.1      RISE IN LONG-HAUL FREIGHT TRANSPORTATION TO DRIVE MARKET 125

10.5         KEY INDUSTRY INSIGHTS             126

11            AUTOMOTIVE HEAT SHIELD MARKET, BY ELECTRIC VEHICLE TYPE  127

11.1         INTRODUCTION              128

11.2         BATTERY ELECTRIC VEHICLES (BEVS)  129

11.2.1      RISE IN DEMAND FOR HEAT MANAGEMENT APPLICATIONS IN BEVS TO PROPEL MARKET GROWTH                 129

11.3         PLUG-IN HYBRID ELECTRIC VEHICLES (PHEVS)                 131

11.3.1      RISE IN CONCERNS OF PROTECTING BATTERIES AND ELECTRONICS FROM HEAT, ENSURING SAFETY AND EFFICIENCY, TO DRIVE SEGMENT            131

11.4         FUEL CELL ELECTRIC VEHICLES (FCEVS)              132

11.4.1      INCREASE IN NEED FOR THERMAL MANAGEMENT TO ENHANCE FUEL CELL EFFICIENCY AND PROTECTION OF HYDROGEN STORAGE TO FUEL SEGMENT          132

11.5         HYBRID ELECTRIC VEHICLES (HEVS)     133

11.6         KEY INDUSTRY INSIGHTS             133

12            AUTOMOTIVE HEAT SHIELD MARKET, BY REGION                 134

12.1         INTRODUCTION              135

12.2         ASIA PACIFIC     136

12.2.1      CHINA  139

12.2.1.1  Growth in popularity of turbocharged engines to drive market                 139

12.2.2      INDIA    141

12.2.2.1  Favorable government policies with significant potential for ICE and hybrid vehicles to drive market   141

12.2.3      JAPAN   142

12.2.3.1  OEMs’ focus on developing ICE engine technologies to drive market    142

12.2.4      SOUTH KOREA  147

12.2.4.1  Increase in demand for premium vehicles with advanced safety features to propel market    147

12.2.5      THAILAND          148

12.2.5.1  Developments in ICE vehicle sector to drive market      148

12.2.6      REST OF ASIA PACIFIC   151

 

12.3         EUROPE               153

12.3.1      GERMANY           154

12.3.1.1  Strategic adjustments and innovation by key OEMs to support long-term growth 154

12.3.2      FRANCE                156

12.3.2.1  Increase in preference for fuel-efficient vehicles to drive market                 156

12.3.3      UK          157

12.3.3.1  Rise in demand for LCVs due to booming e-commerce and logistics industries to drive market    157

12.3.4      SPAIN    158

12.3.4.1  Higher investments from large industry players to fuel market                 158

12.3.5      RUSSIA 160

12.3.5.1  Resurgence of domestic vehicle production to drive market                 160

12.3.6      TURKEY                161

12.3.6.1  Government support for domestic production to drive market                 161

12.3.7      ITALY    162

12.3.7.1  Industrial collaboration strategy to drive market             162

12.3.8      REST OF EUROPE             163

12.4         NORTH AMERICA             164

12.4.1      US           165

12.4.1.1  Rise in adoption of fuel-efficient vehicles to drive market                 165

12.4.2      CANADA               167

12.4.2.1  Focus on energy-efficient and lightweight vehicles to fuel market                 167

12.4.3      MEXICO                168

12.4.3.1  Growth of auto part manufacturing sector to drive market                 168

12.5         REST OF THE WORLD (ROW)      170

12.5.1      BRAZIL 171

12.5.1.1  Rise in ICE and hybrid vehicle production, along with policy support to propel market     171

12.5.2      IRAN      172

12.5.2.1  Increase in contribution by domestic players in vehicle production to drive market 172

12.5.3      SOUTH AFRICA 173

12.5.3.1  Major contribution of ICE vehicles in country’s automotive sector to drive market      173

13            COMPETITIVE LANDSCAPE         175

13.1         INTRODUCTION              175

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            175

13.3         MARKET SHARE ANALYSIS           176

13.4         REVENUE ANALYSIS       178

13.5         COMPANY VALUATION AND FINANCIAL METRICS                 179

13.5.1      COMPANY VALUATION 179

13.5.2      FINANCIAL METRICS      179

13.6         BRAND/PRODUCT COMPARISON             180

13.7         COMPANY EVALUATION MATRIX: KEY PLAYERS                 181

13.7.1      STARS   181

13.7.2      EMERGING LEADERS     181

13.7.3      PERVASIVE PLAYERS      181

13.7.4      PARTICIPANTS 181

13.7.5      COMPANY FOOTPRINT: KEY PLAYERS   183

13.7.5.1  Company footprint               183

13.7.5.2  Regional footprint                 184

13.7.5.3  Application footprint            184

13.7.5.4  Material type footprint         185

13.7.5.5  Vehicle type footprint          185

13.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES                 186

13.8.1      PROGRESSIVE COMPANIES         186

13.8.2      RESPONSIVE COMPANIES            186

13.8.3      DYNAMIC COMPANIES  186

13.8.4      STARTING BLOCKS         186

13.8.5      COMPETITIVE BENCHMARKING: STARTUP/SMES                 188

13.8.5.1  Detailed list of startups/SMEs           188

13.8.5.2  Competitive benchmarking of startups/SMEs 188

13.9         COMPETITIVE SCENARIO             189

13.9.1      DEALS  189

13.9.2      EXPANSIONS     190

13.9.3      OTHER DEVELOPMENTS              190

14            COMPANY PROFILES      193

14.1         KEY PLAYERS     193

14.1.1      TENNECO INC. 193

14.1.1.1  Business overview 193

14.1.1.2  Products offered   197

14.1.1.3  MnM view              197

14.1.1.3.1                Key strengths        197

14.1.1.3.2                Strategic choices   197

14.1.1.3.3                Weaknesses and competitive threats 197

14.1.2      DANA LIMITED 198

14.1.2.1  Business overview 198

14.1.2.2  Products offered   200

14.1.2.3  Recent developments           201

14.1.2.3.1                Developments       201

14.1.2.4  MnM view              201

14.1.2.4.1                Key strengths        201

14.1.2.4.2                Strategic choices   201

14.1.2.4.3                Weaknesses and competitive threats 201

14.1.3      ELRINGKLINGER AG       202

14.1.3.1  Business overview 202

14.1.3.2  Products offered   205

14.1.3.3  Recent developments           206

14.1.3.3.1                Developments       206

14.1.3.4  MnM view              207

14.1.3.4.1                Key strengths        207

14.1.3.4.2                Strategic choices   207

14.1.3.4.3                Weaknesses and competitive threats 207

14.1.4      AUTONEUM       208

14.1.4.1  Business overview 208

14.1.4.2  Products offered   209

14.1.4.3  Recent developments           209

14.1.4.3.1                Deals      209

14.1.4.3.2                Expansions             210

14.1.4.4  MnM view              210

14.1.4.4.1                Key strengths        210

14.1.4.4.2                Strategic choices   210

14.1.4.4.3                Weaknesses and competitive threats 210

14.1.5      ALKEGEN             211

14.1.5.1  Business overview 211

14.1.5.2  Products offered   211

14.1.5.3  Recent developments           212

14.1.5.3.1                Deals      212

14.1.5.3.2                Other developments             212

14.1.5.4  MnM view              213

14.1.5.4.1                Key strengths        213

14.1.5.4.2                Strategic choices   213

14.1.5.4.3                Weaknesses and competitive threats 213

14.1.6      SANWA PACKING INDUSTRY CO., LTD.  214

14.1.6.1  Business overview 214

14.1.6.2  Products offered   217

14.1.7      TECHNOL EIGHT GROUP             218

14.1.7.1  Business overview 218

14.1.7.2  Products offered   222

14.1.8      THAI SUMMIT GROUP   223

14.1.8.1  Business overview 223

14.1.8.2  Products offered   225

14.1.9      KOKUSAN PARTS INDUSTRY CO., LTD.  226

14.1.9.1  Business overview 226

14.1.9.2  Products offered   227

14.1.10   CARCOUSTICS  228

14.1.10.1                 Business overview 228

14.1.10.2                 Products offered   230

14.1.11   ASPEN AEROGELS, INC. 231

14.1.11.1                 Business overview 231

14.1.11.2                 Products offered   232

14.1.11.3                 Recent developments           233

14.1.11.3.1             Developments       233

14.1.12   FUTABA INDUSTRIAL CO., LTD.                234

14.1.12.1                 Business overview 234

14.1.12.2                 Products offered   235

14.1.12.3                 Recent developments           235

14.1.12.3.1             Deals      235

14.2         MAJOR CHINESE PLAYERS            236

14.2.1    BSTFLEX NINGGUO BST THERMAL PRODUCTS CO., LTD.                 236

14.2.2      NINGBO RUIHANG AUTOPARTS CO., LTD.           236

14.2.3      ANHUI PARKER NEW MATERIAL CO., LTD.           237

14.2.4      NINGJIN ZHIYUAN NEW MATERIAL CO., LTD.     237

14.2.5      CANGZHOU MOPAM AUTO PARTS CO., LTD.      238

14.2.6      CHENGDU HONGCHENG AUTOMOTIVE PARTS  MANUFACTURING CO., LTD.      238

14.2.7      ANHUI ZHICHENG ELECTROMECHANICAL COMPONENTS CO., LTD.              239

14.2.8      CHANGCHUN CITY FUFENG STAMPING PART CO., LTD.                 239

14.2.9      GONGZHULING DELI INTELLIGENT TECHNOLOGY CO., LTD.      240

14.2.10   CHENGDU ZHENGHAI AUTOMOTIVE INTERIOR PARTS CO., LTD.             240

14.3         OTHER KEY PLAYERS     241

14.3.1      MURUGAPPA MORGAN THERMAL CERAMICS LTD                 241

14.3.2      DUPONT              242

14.3.3      ADLER PELZER HOLDING GMBH              243

14.3.4      ZIRCOTEC LTD 244

14.3.5      UGN, INC.            245

14.3.6      MORGAN ADVANCED MATERIALS           245

14.3.7      NICHIAS CORPORATION               246

14.3.8      HAPPICH GMBH               246

14.3.9      HKO       247

14.3.10   THE NARMCO GROUP   247

14.3.11   DATSONS ENGINEERING WORKS PVT. LTD.        248

14.3.12   TALBROS             248

 

15            RECOMMENDATIONS BY MARKETSANDMARKETS                 249

15.1         SHIFTING MOBILITY TRENDS INFLUENCING AUTOMOTIVE HEAT SHIELD DEMAND IN KEY MARKETS                 249

15.2         LIGHTWEIGHT MATERIALS AND TECHNOLOGIES FOR FUTURE DEMAND           249

15.3         REPURPOSING SCRAP AUTOMOTIVE HEAT SHIELD INSULATION      250

15.4         CONCLUSION    250

16            APPENDIX           251

16.1         KEY INSIGHTS FROM INDUSTRY EXPERTS            251

16.2         DISCUSSION GUIDE        251

16.3         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                255

16.4         CUSTOMIZATION OPTIONS        257

16.5         RELATED REPORTS         257

16.6         AUTHOR DETAILS           258

 

LIST OF TABLES

 

TABLE 1                MARKET DEFINITION, BY PRODUCT TYPE                 26

TABLE 2                MARKET DEFINITION, BY APPLICATION                 26

TABLE 3                MARKET DEFINITION, BY FUNCTION     27

TABLE 4                MARKET DEFINITION, BY MATERIAL TYPE                 27

TABLE 5                MARKET DEFINITION, BY VEHICLE TYPE                 27

TABLE 6                MARKET DEFINITION, BY ELECTRIC VEHICLE TYPE     27

TABLE 7                INCLUSIONS AND EXCLUSIONS 28

TABLE 8                USD EXCHANGE RATES 30

TABLE 9                RESEARCH ASSUMPTIONS           44

TABLE 10              RISK ASSESSMENT           46

TABLE 11              US: FUEL EFFICIENCY STANDARDS          58

TABLE 12              EUROPE: FUEL EFFICIENCY STANDARDS                 58

TABLE 13              CHINA: FUEL EFFICIENCY STANDARDS 59

TABLE 14              IMPACT OF MARKET DYNAMICS               63

TABLE 15              INFLUENCE OF STAKEHOLDERS ON THE BUYING PROCESS, BY VEHICLE TYPE     64

TABLE 16              KEY BUYING CRITERIA, BY VEHICLE TYPE                 65

TABLE 17              ROLE OF COMPANIES IN ECOSYSTEM    66

TABLE 18              AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS, BY VEHICLE TYPE, 2022–2024 (USD)    69

TABLE 19              AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS,

BY APPLICATION,  2022–2024 (USD)       69

TABLE 20              AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS,

BY EV APPLICATION, 2022–2024 (USD)   70

TABLE 21              ASIA PACIFIC: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS,  BY APPLICATION, 2022–2024 (USD)    70

TABLE 22              EUROPE: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS, 

BY APPLICATION, 2022–2024 (USD)          70

TABLE 23              NORTH AMERICA: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS,  BY APPLICATION, 2022–2024 (USD)                71

TABLE 24              ROW: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS,

BY APPLICATION,  2022–2024 (USD)       71

TABLE 25              INDIA: AVERAGE SELLING PRICE TREND OF AUTOMOTIVE HEAT SHIELDS,

BY APPLICATION,  2022–2024 (USD)       71

TABLE 26              PATENT ANALYSIS, 2020–2024     76

TABLE 27              KEY CONFERENCES AND EVENTS, 2025–2026                 80

TABLE 28              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 82

TABLE 29              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           83

TABLE 30              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS                 84

TABLE 31              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, 

AND OTHER ORGANIZATIONS  85

TABLE 32              IMPORT DATA FOR HS CODE 870899, BY COUNTRY,

2020–2024 (USD THOUSAND)      88

TABLE 33              EXPORT DATA FOR HS CODE 870899, BY COUNTRY,

2020–2024 (USD THOUSAND)      88

TABLE 34              IMPORT DATA FOR HS CODE 732690, BY COUNTRY,

2020–2024 (USD THOUSAND)      89

TABLE 35              EXPORT DATA FOR HS CODE 732690, BY COUNTRY,

2020–2024 (USD THOUSAND)      89

TABLE 36              IMPORT DATA FOR HS CODE 392690, BY COUNTRY,

2020–2024 (USD THOUSAND)      90

TABLE 37              EXPORT DATA FOR HS CODE 392690, BY COUNTRY,

2020–2024 (USD THOUSAND)      90

TABLE 38              APPLICATION OF AUTOMOTIVE HEAT SHIELD, BY PRODUCT TYPE         92

TABLE 39              AUTOMOTIVE HEAT SHIELD MARKET, BY PRODUCT TYPE,

2021–2024 (USD MILLION)            93

TABLE 40              AUTOMOTIVE HEAT SHIELD MARKET, BY PRODUCT TYPE,

2025–2032 (USD MILLION)            93

TABLE 41              SINGLE-SHELL AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            94

TABLE 42              SINGLE-SHELL AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            94

TABLE 43              DOUBLE-SHELL AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            95

TABLE 44              DOUBLE-SHELL AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            95

TABLE 45              SANDWICH AUTOMOTIVE HEAT SHIELD MARKET, BY REGION,

2021–2024 (USD MILLION)            96

TABLE 46              SANDWICH AUTOMOTIVE HEAT SHIELD MARKET, BY REGION,

2025–2032 (USD MILLION)            96

TABLE 47              AUTOMOTIVE HEAT SHIELD APPLICATION, BY COMPONENT    100

TABLE 48              AUTOMOTIVE HEAT SHIELD MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              100

TABLE 49              AUTOMOTIVE HEAT SHIELD MARKET, BY APPLICATION, 2025–2032 (USD MILLION)              101

TABLE 50              AUTOMOTIVE EXHAUST SYSTEM HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            102

TABLE 51              AUTOMOTIVE EXHAUST SYSTEM HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            102

TABLE 52              AUTOMOTIVE ENGINE COMPARTMENT HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            103

TABLE 53              AUTOMOTIVE ENGINE COMPARTMENT HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            103

TABLE 54              AUTOMOTIVE UNDER-BONNET HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            104

TABLE 55              AUTOMOTIVE UNDER-BONNET HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            104

TABLE 56              AUTOMOTIVE UNDER-CHASSIS HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            105

TABLE 57              AUTOMOTIVE UNDER-CHASSIS HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            105

TABLE 58              AUTOMOTIVE TURBOCHARGER HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            106

TABLE 59              AUTOMOTIVE TURBOCHARGER HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            106

TABLE 60              AUTOMOTIVE HEAT SHIELD APPLICATION, BY FUNCTION          109

TABLE 61              AUTOMOTIVE HEAT SHIELD MARKET, BY FUNCTION, 2021–2024 (USD MILLION)   110

TABLE 62              AUTOMOTIVE HEAT SHIELD MARKET, BY FUNCTION, 2025–2032 (USD MILLION)   110

TABLE 63              ACOUSTIC AUTOMOTIVE HEAT SHIELD MARKET, BY REGION,

2021–2024 (USD MILLION)            111

TABLE 64              ACOUSTIC AUTOMOTIVE HEAT SHIELD MARKET, BY REGION,

2025–2032 (USD MILLION)            111

TABLE 65              NON-ACOUSTIC AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            112

TABLE 66              NON-ACOUSTIC AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            112

TABLE 67              LIGHTWEIGHT MATERIAL COMPARISON WITH STEEL   115

TABLE 68              AUTOMOTIVE HEAT SHIELD APPLICATION, BY MATERIAL TYPE               116

TABLE 69              AUTOMOTIVE HEAT SHIELD MARKET, BY MATERIAL TYPE,

2021–2024 (USD MILLION)            116

TABLE 70              AUTOMOTIVE HEAT SHIELD MARKET, BY MATERIAL TYPE,

2025–2032 (USD MILLION)            116

TABLE 71              METALLIC AUTOMOTIVE HEAT SHIELD MARKET, BY REGION,

2021–2024 (USD MILLION)            117

TABLE 72              METALLIC AUTOMOTIVE HEAT SHIELD MARKET, BY REGION,

2025–2032 (USD MILLION)            117

TABLE 73              NON-METALLIC AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 

2021–2024 (USD MILLION)            118

TABLE 74              NON-METALLIC AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 

2025–2032 (USD MILLION)            118

TABLE 75              AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2021–2024 (USD MILLION)            121

TABLE 76              AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2025–2032 (USD MILLION)            122

TABLE 77              AUTOMOTIVE HEAT SHIELD MARKET IN PASSENGER CARS, BY REGION, 

2021–2024 (USD MILLION)            123

TABLE 78              AUTOMOTIVE HEAT SHIELD MARKET IN PASSENGER CARS, BY REGION, 

2025–2032 (USD MILLION)            123

TABLE 79              AUTOMOTIVE HEAT SHIELD MARKET IN LIGHT COMMERCIAL VEHICLES,

BY REGION, 2021–2024 (USD MILLION)   124

TABLE 80              AUTOMOTIVE HEAT SHIELD MARKET IN LIGHT COMMERCIAL VEHICLES,

BY REGION, 2025–2032 (USD MILLION)   124

TABLE 81              AUTOMOTIVE HEAT SHIELD MARKET IN HEAVY COMMERCIAL VEHICLES,

BY REGION, 2021–2024 (USD MILLION)   125

TABLE 82              AUTOMOTIVE HEAT SHIELD MARKET IN HEAVY COMMERCIAL VEHICLES,

BY REGION, 2025–2032 (USD MILLION)   125

TABLE 83              AUTOMOTIVE HEAT SHIELD MARKET, BY ELECTRIC VEHICLE TYPE, 

2021–2024 (USD MILLION)            129

TABLE 84              AUTOMOTIVE HEAT SHIELD MARKET, BY ELECTRIC VEHICLE TYPE, 

2025–2032 (USD MILLION)            129

TABLE 85              AUTOMOTIVE HEAT SHIELD MARKET IN BEVS, BY APPLICATION, 

2021–2024 (USD MILLION)            130

TABLE 86              AUTOMOTIVE HEAT SHIELD MARKET IN BEVS, BY APPLICATION, 

2025–2032 (USD MILLION)            130

TABLE 87             AUTOMOTIVE HEAT SHIELD MARKET IN PHEVS, BY APPLICATION, 

2021–2024 (USD MILLION)            131

TABLE 88             AUTOMOTIVE HEAT SHIELD MARKET IN PHEVS, BY APPLICATION, 

2025–2032 (USD MILLION)            131

TABLE 89              AUTOMOTIVE HEAT SHIELD MARKET IN FCEVS, BY APPLICATION, 

2021–2024 (USD MILLION)            132

TABLE 90              AUTOMOTIVE HEAT SHIELD MARKET IN FCEVS, BY APPLICATION, 

2025–2032 (USD MILLION)            132

TABLE 91              AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 2021–2024 (USD MILLION)          136

TABLE 92              AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 2025–2032 (USD MILLION)          136

TABLE 93              ASIA PACIFIC: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY, 

2021–2024 (USD MILLION)            138

TABLE 94              ASIA PACIFIC: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY, 

2025–2032 (USD MILLION)            138

TABLE 95              MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN CHINA         139

TABLE 96              CHINA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            140

TABLE 97              CHINA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            140

TABLE 98              INDIA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2021–2024 (USD MILLION)            141

TABLE 99              INDIA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2025–2032 (USD MILLION)            141

TABLE 100            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN JAPAN          142

TABLE 101            JAPAN: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            146

TABLE 102            JAPAN: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            146

TABLE 103            SOUTH KOREA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            147

TABLE 104            SOUTH KOREA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            147

TABLE 105            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN THAILAND 148

TABLE 106            THAILAND: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            151

TABLE 107            THAILAND: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            151

TABLE 108            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN INDONESIA               152

TABLE 109            REST OF ASIA PACIFIC: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,  2021–2024 (USD MILLION)                 152

TABLE 110            REST OF ASIA PACIFIC: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,  2025–2032 (USD MILLION)                 152

TABLE 111            EUROPE: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            153

TABLE 112            EUROPE: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            154

TABLE 113            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN GERMANY 155

TABLE 114            GERMANY: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            155

TABLE 115            GERMANY: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            156

TABLE 116            FRANCE: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            156

TABLE 117            FRANCE: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            157

TABLE 118            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN UK 157

TABLE 119            UK: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2021–2024 (USD MILLION)            158

TABLE 120            UK: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2025–2032 (USD MILLION)            158

TABLE 121            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN SPAIN          159

TABLE 122            SPAIN: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            159

TABLE 123            SPAIN: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            159

TABLE 124            RUSSIA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            160

TABLE 125            RUSSIA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            160

TABLE 126            TURKEY: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            161

TABLE 127            TURKEY: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            161

TABLE 128            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN ITALY           162

TABLE 129            ITALY: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2021–2024 (USD MILLION)            162

TABLE 130            ITALY: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2025–2032 (USD MILLION)            162

TABLE 131            REST OF EUROPE: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            163

TABLE 132            REST OF EUROPE: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            163

TABLE 133            NORTH AMERICA: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY, 

2021–2024 (USD MILLION)            165

TABLE 134            NORTH AMERICA: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY, 

2025–2032 (USD MILLION)            165

TABLE 135            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN US 166

TABLE 136            US: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2021–2024 (USD MILLION)            166

TABLE 137            US: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2025–2032 (USD MILLION)            167

TABLE 138          CANADA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

 2021–2024 (USD MILLION)          168

TABLE 139          CANADA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

 2025–2032 (USD MILLION)          168

TABLE 140            MANUFACTURERS PROVIDING AUTOMOTIVE HEAT SHIELDS TO OEMS IN MEXICO      169

TABLE 141            MEXICO: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            169

TABLE 142            MEXICO: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            169

TABLE 143            ROW: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            170

TABLE 144            ROW: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            171

TABLE 145            BRAZIL: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            172

TABLE 146            BRAZIL: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            172

TABLE 147            IRAN: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2021–2024 (USD MILLION)            173

TABLE 148            IRAN: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE,

2025–2032 (USD MILLION)            173

TABLE 149            SOUTH AFRICA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2021–2024 (USD MILLION)            174

TABLE 150            SOUTH AFRICA: AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            174

TABLE 151            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024        175

TABLE 152            MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2023   176

TABLE 153            REGIONAL FOOTPRINT, 2023      184

TABLE 154            APPLICATION FOOTPRINT, 2023               184

TABLE 155            MATERIAL TYPE FOOTPRINT, 2023          185

TABLE 156            VEHICLE TYPE FOOTPRINT, 2023              185

TABLE 157            DETAILED LIST OF STARTUPS/SMES, 2023                 188

TABLE 158            COMPETITIVE BENCHMARKING OF STARTUPS/SMES              188

TABLE 159            AUTOMOTIVE HEAT SHIELD MARKET: DEALS, JANUARY 2021–FEBRUARY 2025  189

TABLE 160            AUTOMOTIVE HEAT SHIELD MARKET: EXPANSIONS,

JANUARY 2021–FEBRUARY 2025  190

TABLE 161            AUTOMOTIVE HEAT SHIELD MARKET: OTHER DEVELOPMENTS, 

JANUARY 2021–FEBRUARY 2025  190

TABLE 162            TENNECO INC.: COMPANY OVERVIEW  193

TABLE 163            TENNECO INC.: SUPPLIER ANALYSIS      194

TABLE 164            TENNECO INC.: SYSTEMS PROTECTION PRODUCT PORTFOLIO 194

TABLE 165            TENNECO INC.: PRODUCTS OFFERED   197

TABLE 166            DANA LIMITED: COMPANY OVERVIEW 198

TABLE 167            DANA LIMITED: SUPPLIER ANALYSIS     199

TABLE 168            DANA LIMITED: PRODUCTS OFFERED  200

TABLE 169            DANA LIMITED: DEVELOPMENTS            201

TABLE 170            ELRINGKLINGER AG: COMPANY OVERVIEW                 202

TABLE 171            ELRINGKLINGER AG: SUPPLIER ANALYSIS                 203

TABLE 172            ELRINGKLINGER AG: PRODUCTS OFFERED                 205

TABLE 173            ELRINGKLINGER AG: DEVELOPMENTS 206

TABLE 174            AUTONEUM: COMPANY OVERVIEW        208

TABLE 175            AUTONEUM: SUPPLIER ANALYSIS            209

TABLE 176            AUTONEUM: PRODUCTS OFFERED         209

TABLE 177            AUTONEUM: DEALS       209

TABLE 178            AUTONEUM: EXPANSIONS          210

TABLE 179            ALKEGEN: COMPANY OVERVIEW             211

TABLE 180            ALKEGEN: PRODUCTS OFFERED              211

TABLE 181            ALKEGEN: DEALS             212

TABLE 182            ALKEGEN: OTHER DEVELOPMENTS       212

TABLE 183            SANWA PACKING INDUSTRY CO., LTD.: COMPANY OVERVIEW   214

TABLE 184            SANWA PACKING INDUSTRY CO., LTD.: SUBSIDIARIES AND AFFILIATES 214

TABLE 185            SANWA PACKING INDUSTRY CO., LTD.: SUPPLIER ANALYSIS       215

TABLE 186            SANWA PACKING INDUSTRY CO., LTD.: PRODUCTS OFFERED    217

TABLE 187            TECHNOL EIGHT GROUP: COMPANY OVERVIEW          218

TABLE 188            TECHNOL EIGHT GROUP: SUBSIDIARIES AND AFFILIATES        218

TABLE 189            TECHNOL EIGHT GROUP: SUPPLIER ANALYSIS                 219

TABLE 190            TECHNOL EIGHT GROUP: PRODUCTS OFFERED                 222

TABLE 191            THAI SUMMIT GROUP: COMPANY OVERVIEW                 223

TABLE 192            THAI SUMMIT GROUP: SUBSIDIARIES AND AFFILIATES        223

TABLE 193            THAI SUMMIT GROUP: SUPPLIER ANALYSIS                 225

TABLE 194            THAI SUMMIT GROUP: PRODUCTS OFFERED                 225

TABLE 195            KOKUSAN PARTS INDUSTRY CO., LTD.: COMPANY OVERVIEW   226

TABLE 196            KOKUSAN PARTS INDUSTRY CO., LTD.: SUBSIDIARIES AND AFFILIATES 226

TABLE 197            KOKUSAN PARTS INDUSTRY CO., LTD.: SUPPLIER ANALYSIS       226

TABLE 198            KOKUSAN PARTS INDUSTRY CO., LTD.: PRODUCTS OFFERED    227

TABLE 199            CARCOUSTICS: COMPANY OVERVIEW   228

TABLE 200            CARCOUSTICS: SUBSIDIARIES AND AFFILIATES                 228

TABLE 201            CARCOUSTICS: SUPPLIER ANALYSIS       229

TABLE 202            CARCOUSTICS: PRODUCTS OFFERED    230

TABLE 203            ASPEN AEROGELS, INC.: COMPANY OVERVIEW                 231

TABLE 204            ASPEN AEROGELS, INC.: SUPPLIER ANALYSIS                 231

TABLE 205            ASPEN AEROGELS, INC.: PRODUCTS OFFERED                 232

TABLE 206            ASPEN AEROGELS, INC.: DEVELOPMENTS                 233

TABLE 207            FUTABA INDUSTRIAL CO., LTD.: COMPANY OVERVIEW          234

TABLE 208            FUTABA INDUSTRIAL CO., LTD.: SUPPLIER ANALYSIS            234

TABLE 209            FUTABA INDUSTRIAL CO., LTD.: PRODUCTS OFFERED             235

TABLE 210            FUTABA INDUSTRIAL CO., LTD.: DEALS                 235

TABLE 211            BSTFLEX NINGGUO BST THERMAL PRODUCTS CO., LTD.: COMPANY OVERVIEW              236

TABLE 212            NINGBO RUIHANG AUTOPARTS CO., LTD.: COMPANY OVERVIEW   236

TABLE 213            ANHUI PARKER NEW MATERIAL CO., LTD.: COMPANY OVERVIEW   237

TABLE 214            NINGJIN ZHIYUAN NEW MATERIAL CO., LTD.: COMPANY OVERVIEW   237

TABLE 215            CANGZHOU MOPAM AUTO PARTS CO., LTD.: COMPANY OVERVIEW   238

TABLE 216            CHENGDU HONGCHENG AUTOMOTIVE PARTS MANUFACTURING CO., LTD.:  COMPANY OVERVIEW   238

TABLE 217            ANHUI ZHICHENG ELECTROMECHANICAL COMPONENTS CO., LTD.: COMPANY OVERVIEW               239

TABLE 218            CHANGCHUN CITY FUFENG STAMPING PART CO., LTD.: COMPANY OVERVIEW              239

TABLE 219            GONGZHULING DELI INTELLIGENT TECHNOLOGY CO., LTD.: COMPANY OVERVIEW               240

TABLE 220            CHENGDU ZHENGHAI AUTOMOTIVE INTERIOR PARTS CO., LTD.: COMPANY OVERVIEW                240

TABLE 221            MURUGAPPA MORGAN THERMAL CERAMICS LTD: COMPANY OVERVIEW        241

TABLE 222            DUPONT: COMPANY OVERVIEW               242

TABLE 223            ADLER PELZER HOLDING GMBH: COMPANY OVERVIEW          243

TABLE 224            ZIRCOTEC LTD: COMPANY OVERVIEW 244

TABLE 225            UGN, INC.: COMPANY OVERVIEW             245

TABLE 226            MORGAN ADVANCED MATERIALS: COMPANY OVERVIEW          245

TABLE 227            NICHIAS CORPORATION: COMPANY OVERVIEW                 246

TABLE 228            HAPPICH GMBH: COMPANY OVERVIEW                 246

TABLE 229            HKO: COMPANY OVERVIEW       247

TABLE 230            THE NARMCO GROUP: COMPANY OVERVIEW                 247

TABLE 231            DATSONS ENGINEERING WORKS PVT. LTD.: COMPANY OVERVIEW   248

TABLE 232            TALBROS: COMPANY OVERVIEW              248

 

 

LIST OF FIGURES

 

FIGURE 1              AUTOMOTIVE HEAT SHIELD MARKET SEGMENTATION              29

FIGURE 2              RESEARCH DESIGN         32

FIGURE 3              RESEARCH DESIGN MODEL         33

FIGURE 4              KEY DATA FROM SECONDARY SOURCES                 35

FIGURE 5              INSIGHTS FROM INDUSTRY EXPERTS     36

FIGURE 6              BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION,

AND REGION     37

FIGURE 7              RESEARCH METHODOLOGY: HYPOTHESIS BUILDING           38

FIGURE 8              BOTTOM-UP APPROACH              39

FIGURE 9              TOP-DOWN APPROACH                40

FIGURE 10            MARKET SIZE ESTIMATION NOTES         41

FIGURE 11            DATA TRIANGULATION                42

FIGURE 12            GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES                43

FIGURE 13            DEMAND AND SUPPLY-SIDE FACTOR ANALYSIS                 44

FIGURE 14            AUTOMOTIVE HEAT SHIELD MARKET OVERVIEW          47

FIGURE 15            ASIA PACIFIC TO LEAD MARKET AMONG REGIONS DURING FORECAST PERIOD   48

FIGURE 16            PASSENGER CARS TO DOMINATE MARKET AMONG VEHICLE TYPES DURING FORECAST PERIOD    49

FIGURE 17            TURBOCHARGER HEAT SHIELD SEGMENT TO LEAD MARKET AMONG APPLICATIONS DURING FORECAST PERIOD                49

FIGURE 18            KEY PLAYERS IN AUTOMOTIVE HEAT SHIELD MARKET               50

FIGURE 19            INCREASING DEMAND FOR FUEL-EFFICIENT VEHICLES TO DRIVE MARKET    51

FIGURE 20            ASIA PACIFIC TO BE LARGEST MARKET IN 2025                 52

FIGURE 21            DOUBLE-SHELL HEAT SHIELDS TO LEAD MARKET BY 2032               52

FIGURE 22            TURBOCHARGER HEAT SHIELDS TO ACHIEVE NOTABLE GROWTH COMPARED TO OTHER APPLICATIONS DURING FORECAST PERIOD       53

FIGURE 23            ACOUSTIC HEAT SHIELDS TO ACCOUNT FOR LARGER SHARE BY 2032 53

FIGURE 24            METALLIC HEAT SHIELDS TO LEAD MARKET DURING FORECAST PERIOD       54

FIGURE 25            PASSENGER CARS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       54

FIGURE 26            BEVS TO DOMINATE MARKET DURING FORECAST PERIOD         55

FIGURE 27           AUTOMOTIVE HEAT SHIELD MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          57

FIGURE 28            ELECTRIC CAR COMPONENTS  60

FIGURE 29            GLOBAL PHEV SALES SHIFT, 2021–2024 (THOUSAND UNITS)      62

FIGURE 30            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VEHICLE TYPE       64

FIGURE 31            KEY BUYING CRITERIA, BY VEHICLE TYPE                 64

FIGURE 32            ECOSYSTEM ANALYSIS  65

FIGURE 33            VALUE CHAIN ANALYSIS               68

FIGURE 34            PATENT ANALYSIS, 2015–2024     75

FIGURE 35            LEGAL STATUS OF PATENTS, 2015–2024 76

FIGURE 36            TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS   78

FIGURE 37            AVERAGE WEIGHT OF HEAT SHIELD IN PASSENGER CARS             85

FIGURE 38            TOTAL EXHAUST SYSTEM HEAT SHIELD WEIGHT IN PASSENGER CARS    86

FIGURE 39            AVERAGE WEIGHT OF UNDER-BONNET HEAT SHIELD IN PASSENGER CARS      86

FIGURE 40            AVERAGE WEIGHT OF UNDER CHASSIS HEAT SHIELD IN PASSENGER CARS      87

FIGURE 41            AVERAGE WEIGHT OF TURBOCHARGER HEAT SHIELD IN PASSENGER CARS      87

FIGURE 42            AUTOMOTIVE HEAT SHIELD MARKET, BY PRODUCT TYPE, 

2025–2032 (USD MILLION)            93

FIGURE 43            KEY INDUSTRY INSIGHTS, BY PRODUCT TYPE                 97

FIGURE 44            AUTOMOTIVE HEAT SHIELD MARKET, BY APPLICATION, 

2025–2032 (USD MILLION)            99

FIGURE 45            KEY INDUSTRY INSIGHTS, BY APPLICATION                 107

FIGURE 46            AUTOMOTIVE HEAT SHIELD MARKET, BY FUNCTION, 2025–2032 (USD MILLION)   109

FIGURE 47            KEY INDUSTRY INSIGHTS, BY FUNCTION                 113

FIGURE 48            AUTOMOTIVE HEAT SHIELD MARKET, BY MATERIAL TYPE, 

2025–2032 (USD MILLION)            115

FIGURE 49            KEY INDUSTRY INSIGHTS, BY MATERIAL TYPE                 119

FIGURE 50            AUTOMOTIVE HEAT SHIELD MARKET, BY VEHICLE TYPE, 

2025–2032 (USD MILLION)            121

FIGURE 51            KEY INDUSTRY INSIGHTS, BY VEHICLE TYPE                 126

FIGURE 52            AUTOMOTIVE HEAT SHIELD MARKET, BY ELECTRIC VEHICLE TYPE, 

2025–2032 (USD MILLION)            128

FIGURE 53            KEY INDUSTRY INSIGHTS, BY ELECTRIC VEHICLE TYPE  133

FIGURE 54            AUTOMOTIVE HEAT SHIELD MARKET, BY REGION, 2025–2032 (USD MILLION)          135

FIGURE 55            ASIA PACIFIC: AUTOMOTIVE HEAT SHIELD MARKET SNAPSHOT       137

FIGURE 56            EUROPE: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY, 

2025–2032 (USD MILLION)            153

FIGURE 57            NORTH AMERICA: AUTOMOTIVE HEAT SHIELD MARKET SNAPSHOT       164

FIGURE 58            ROW: AUTOMOTIVE HEAT SHIELD MARKET, BY COUNTRY, 

2025–2032 (USD MILLION)            170

FIGURE 59            MARKET SHARE ANALYSIS, 2023                 177

FIGURE 60            REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023 (USD BILLION) 178

FIGURE 61            COMPANY VALUATION OF KEY MANUFACTURERS, 2025 (USD BILLION)                179

FIGURE 62            FINANCIAL METRICS OF MANUFACTURERS, 2025        180

FIGURE 63            BRAND/PRODUCT COMPARISON             180

FIGURE 64            AUTOMOTIVE HEAT SHIELD MARKET: COMPANY EVALUATION MATRIX 

(KEY PLAYERS), 2023       182

FIGURE 65            COMPANY FOOTPRINT, 2023      183

FIGURE 66            AUTOMOTIVE HEAT SHIELD MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023                 187

FIGURE 67            TENNECO INC.: COMPANY SNAPSHOT  193

FIGURE 68            DANA LIMITED: COMPANY SNAPSHOT 199

FIGURE 69            ELRINGKLINGER AG: COMPANY SNAPSHOT                 203

FIGURE 70            AUTONEUM: COMPANY SNAPSHOT        208

FIGURE 71            TENNECO INC.: SHAREHOLDERS              218

FIGURE 72            CARCOUSTICS: PRODUCT PORTFOLIO 229

FIGURE 73            ASPEN AEROGELS, INC.: COMPANY SNAPSHOT                 232

FIGURE 74            FUTABA INDUSTRIAL CO., LTD.: COMPANY SNAPSHOT          235