Automotive Heat Shields Market Research Report and Global Market Overview 2020-2030
Supply shocks affect sales of heat management products during the COVID-19 pandemic
Auto sales have taken a hit during the coronavirus (COVID-19) pandemic. The automotive industry is experiencing supply shocks as OEMs have temporarily halted production activities. This has directly affected business practices in the automotive sector heat shields market, as demand for vehicles is on a downward trend. However, auto sales are expected to increase by the end of 2020 as COVID-19 subsides in almost all countries. Heat shield manufacturers are adopting robust contingency plans and taking a comprehensive approach to dealing with the global economic crisis.
Heat shield manufacturers develop innovative sales strategies by predicting various future scenarios. The companies plan to restart operations in European countries, China, Europe and Japan where the pandemic has almost reached its end. They focus on various strategies related to employee engagement, business continuity, and cash and liquidity management. These factors are expected to drive the automotive heat shield market over the forecast period.
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Lightweight fiber materials in shields improve performance of automotive components
Automotive heat shields are commonly used in passenger cars and light trucks to deploy flame resistance to components that release excess heat. Companies in the automotive heat shields market are now focusing more on professional racing cars to expand their revenue streams. For example, the leading supplier of industrial chemicals, DuPont Synthetic Fibers, is increasing its marketing potential to bring DuPont Nomex® in visibility as a highly durable automotive heat shield. Innovative products are bolstering the revenue growth of the market, which is expected to surpass revenue of $10.3 billion by the end of 2030.
Improving the safety and performance of automotive components has become very important to manufacturers in the automotive heat shield market. Therefore, manufacturers are increasing their R&D strength to develop lightweight fiber materials that provide heat and flame protection. High temperature automotive applications are fueling the demand for automotive heat shields.
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Self-adhesive automotive heat shields withstand harsh environments in vehicles
Self-adhesive heat shields are a new introduction to the automotive heat shield market. These sheets are widely used to protect components from heat sources in vehicles. Innovative self-adhesive heat shields are laminated with pressure sensitive adhesives (PSA) to improve the performance of automotive components. A multinational manufacturer and distributor of pressure-sensitive adhesive materials, Avery Dennison has acquired expertise in manufacturing self-adhesive automotive heat shields with PSAs that can be mechanically attached to avoid additional tooling.
Companies in the automotive heat shield market are increasing production to accommodate thinner design spaces in products that reduce vibration and eliminate the need for additional tools. They are increasing their research spending to develop automotive heat shields that adhere to a variety of difficult-to-bond substrates. Automotive manufacturers prefer automotive heat shields that withstand harsh environments.
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Nano-coating induced heat shields deploy high infrared reflectivity and corrosion resistance
Manufacturers in the automotive heat shield market are experimenting with nanoscale coatings of aluminum in stainless steel heat shields to increase their thermal efficiency. BS Stainless – a metals fabricator from Walton Summit Centre, England, introduced their ShieldMet product, which combines the strength and corrosion resistance properties of stainless steel with the high reflectivity of aluminum in metal applications. thermal protection. Aluminum-based nanoscale coatings are highly publicized to preserve the aesthetic appearance of automotive stainless steel heat shields even under high temperatures.
The high infrared reflectivity of nanoscale coatings is preferred in automotive heat shields. Companies in the automotive heat shield market are increasing their production capabilities to develop stainless steel plasma vacuum coated shields. The excellent corrosion resistance and formability of coating-induced nanoscale heat shields are attracting the attention of automotive manufacturers.
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