The Global Automotive Heat Shield Market is Predicted to Attain CAGR of 8.6% by 2023

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Aug 24, 2020 (Heraldkeepers) —
According to Market Research Future (MRFR), The global automotive heat shield market is expected to expand with a CAGR of 8.6% from 2018 to 2023 (forecast period). The report includes a COVID-19 analysis of the global automotive heat shield market. It offers a detailed overview of market segments, emerging trends, growth, market forecasts, and challenges for evaluating current market opportunities.

The heat shield in the automotive sector is used to combat the excessive heat produced by the internal combustion engine. Automotive heat shields are most widely used to cover the engine body to protect the components and body frame from heat damage. The heat shield reduces the temperature of the bonnet by reducing the intake temperature. The automotive heat shield has a wide range of sizes and is simple to install on

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Automotive Heat Shield Market worth $13.9 billion by 2025

CHICAGO, Aug. 11, 2020 /PRNewswire/ — According to the new market research report 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, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Automotive Heat Shield Market is projected to reach USD 13.9 billion by 2025 from USD 11.7 billion in 2020, at a CAGR of 3.4% during the forecast period. Automotive heat shields are used at various locations within a vehicle to protect the vehicle body and components from excessive heat generated by the engine and exhaust systems. These exhaust gases can reach temperatures up to 900 degrees. Technological advancements have made automotive heat shields safer and more effective over the past few years. The materials used in automotive heat shield fabrication include aluminum, nylon, and ceramic.” data-reactid=”12″CHICAGO

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Global Automotive Heat Shield Market Outlook, 2020-2025

The “Automotive Heat Shield Market – Growth, Trends, and Forecasts (2020-2025)” report has been added to ResearchAndMarkets.com’s offering.

The global automotive heat shield market is expected to register a CAGR of over 4% during the forecast period, 2020-2025.

Modern day cars demand reduced and confined space, increased power, and a decrease in weight. Hence, the heat shields should necessarily be of light weight and low density. The weight of the vehicle has become such a strong factor that some manufacturers, such as Land Rover, have started making automobiles, majorly out of light materials, like aluminum, to cut down on weight.

The growing population, improved economic conditions, and easy credit are a few factors involved in increasing the number of motor vehicles, globally. All cars with an engine capacity of more than 1.6 liter contain heat shields, and hence, the automotive heat shield market is growing rapidly. The global luxury car

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Automotive Heat Shield Market 2020 Industry Insights by Global Share, Emerging Trends, Regional Analysis

Pune, Maharashtra, Prudour Pvt. Ltd., May 01, 2020 (Wired Release) A recent report by MarketResearch.Biz titled as Automotive Heat Shield Market 2020: Market Size, Trends and Opportunity Outlook Forecast to 2029 provides all-inclusive analysis including COVID-19 impact on this market. The study also provides the Automotive Heat Shield market competitors share and region-wise analysis around the globe.

The research study on Global Automotive Heat Shield Market 2020 closely analyzes significant features of the market. Research servers market size, latest trends, drivers, risks, opportunities, and key market segments. It is based on past information and current market needs. Also, it involves different business approaches accepted by the decision-makers. That escalates growth and makes a remarkable stand in the industry. The report separates the overall market on the basis of key players, geographic areas, and segments.

To Obtain All-Inclusive Information On Forecast Analysis Of Global Automotive Heat Shield Market, Download FREE Sample

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