The automotive heat shield market is expected to reach a value of $2.4 billion by 2025, growing at a compound annual growth rate (CAGR) of 6.6% between 2020 and 2025. Automotive heat shields are materials or components used to protect the interior and exterior components of a car from the damaging effects of high temperatures generated by the engine exhaust system, catalytic converters, and other hot engine parts. Heat shields are made up of metals such as stainless steel, aluminum alloys, titanium alloy, and magnesium alloy, as well as non-metallic materials including fiberglass composite and silica cloth weave. Automotive heat shields offer several benefits such as improved fuel efficiency due to reduced emissions, improved exhaust sound quality, extended vehicle component life expectancy, increased safety for cabin occupants due to reduced temperatures in the cabin area, and improved brake life due to lower ambient temperature around brakes.
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The global automotive heat shield market is expected to witness steady growth over the forecast period, driven by increasing demand for efficient and lightweight heat shields in the automotive industry. Automotive heat shields are used to reduce engine noise, eliminate emissions, protect passengers from high temperatures, improve fuel efficiency, and prolong component life. This has led to an increased adoption of advanced materials such as fiberglass composite and silica cloth weave with improved thermal characteristics in the production of automotive heat shields. Increasing vehicle production across the globe, coupled with stringent regulations on emission and safety standards are also fuelling the demand for automotive heat shields. Additionally, technological advancements such as AI-based vehicle exhaust system components are further expected to drive the growth of this market.
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