Global Aluminum Heat Shield Market to be Worth USD 1.02 Billion by 2021, at CAGR of 4.5%

PUNE, India, June 9, 2016 /PRNewswire/ --

According to the new Market Research Report "Global Aluminum Heat Shield Market, by End-Use Industry (Automotive, Defense), Application (Passenger Cars, Light Commercial Vehicles, Heavy Trucks, Buses & Coaches, Firearms), Region (North America, APAC, Central & Eastern Europe, Western Europe, South America, MEA) - Global Forecast to 2021", is projected to reach USD 1.02 billion by 2021, at CAGR of 4.5% from 2016 to 2021.

Browse 53 tables and 38 figures spread through 108 pages and in-depth TOC available on "Global Aluminum Heat Shield Market, by End-Use Industry (Automotive, Defense), Application (Passenger Cars, Light Commercial Vehicles, Heavy Trucks, Buses & Coaches, Firearms), Region (North America, APAC, Central & Eastern Europe, Western Europe, South America, MEA) - Global Forecast to 2021"

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The automotive industry is one of the largest consumers of aluminum-based heat shields. Aluminum-based heat shields are mainly used in exhaust systems, especially in automobiles to protect the vehicle body and components from heat generated by the engine. Increased vehicle production in the automotive industry is also driving the growth of the global aluminum heat shield market in this segment. Apart from the automotive industry, defense is another end-use industry propelling the demand of aluminum heat shields.

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In 2015, the Asia-Pacific region accounted for the largest share of the global aluminum heat shield market, followed by North America. This market in Asia-Pacific and Middle East & Africa is further expected to witness high growth, owing to the increased production of passenger cars and light commercial vehicles in these regions.

Key Players of Global Aluminum Heat Shield Market includes:  

Dana Holding Corporation (U.S.), Federal-Mogul Holding Corporation (U.S.), Autoneum Holdings AG (Switzerland), Lydall Inc. (U.S.), ElringKlinger AG (U.S.), Progress-Werk Oberkirch AG (Germany), Thermo-Tec Automotive Products (U.S.), and Zircotec Ltd. (U.K.), among others.

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