Pune, India -- (SBWIRE) -- 01/22/2019 -- The global market size of heat shield was USD 3.14 Billion in 2019 and is projected to reach USD 4.19 Billion by 2022. 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.

According to the estimations of this commercial intelligence report, the demand in the global market of thermal protectors for automobiles will propagate to a highly impressive CAGR of +10% during the forecast period of 2019 to 2022. In terms of revenues, the opportunities in the thermal protector for automobiles, it is estimated that the worldwide market will translate into US $ 25,376.4 million by the end of 2022, increasing the assessed value of the market of US $ 13,323.9 million at 2019.

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United States Aluminum Heat Shield market competition by top manufacturers/players, with Aluminum Heat Shield sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
Dana Holding Corporation
Federal-Mogul Corporation
Europe development holding company
Lydall company
ELRINGKLINGER company
Progress-werk Austria Berkey Xiyin
Thermotec automotive products
Zircotec company

Automotive heat shields help function engines, exhaust systems and other components in a vehicle efficiently and safely by reducing the heat generated in the underbody and engine of the vehicle. In automobiles, heat shield materials used are generally stainless steel or aluminum. Heat shields used in high-end cars for high performance, generally include ceramic insulation. High performance heat shields are used in motorsports such as Formula One.

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Among these, as of 2019, the insulation segment of the thermal exhaust screen had the maximum demand, which reflected an income of US $ 2,965.9 million. The insulation of the heat shield of the exhaust increases the temperature of the exhaust and the flow of the exhaust, which helps to increase the power in the vehicles. The main purpose of the insulation of the heat protection of the exhaust is to reduce the temperatures under the hood and keep the exhaust gases warmer inside the exhaust system to obtain more power. It is widely used in catalytic converters, silencers, heads and for exhaust pipes.

The global thermal protection market for cars has moderately consolidated among a handful of players. Market leaders, such as Federal Mogul Corp., Lydall, Inc., Autoneum Holding AG and Dana Holding Corp., are at the forefront of the curve through their constant emphasis on product innovation and the adoption of new technologies. For example, Federal Mogul Corp. offers Nimbus GII® Heat Shields, Acoutherm Heat Shields and Thermcut Heat Shields, which offers protection against heat by using fiber-free sandwich technology.

What Report Provides
Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis

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Key developments in the market
July 2019: announced the creation of Blink Identity, based in Texas, which raised USD 1.5 million in a seed round led by Sinai Ventures with the participation of Live Nation, Techstars and other funds related to live entertainment. Blink Identity has created a fast, accurate and primary user identity service for live entertainment venues, solving the bottleneck problem and creating a preferential experience for consumers and landlords.

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