#Automotive Engine Piston Market Trends

[ragini-14]

Automotive Engine Piston Market SWOT Analysis, Business Growth Opportunities by Top Companies and Key Players

Global Automotive Engine Piston Market research report published by Exactitude Constancy reveals the current outlook of the global and key regions from the following perspectives: Key players, countries, product types, and end industries. The report studies the top companies in the global market and divides the market into several parameters. This Automotive Engine Piston Market research report pinpoints the industry's competitive landscape to understand the international competition. This report study explains the expected growth of the global market for the upcoming years from 2024 to 2030. This research report is accumulated based on static and dynamic perspectives on business.

The global automotive engine piston market is expected to grow at a 4.0% CAGR from 2024 to 2030. It is expected to reach above USD 2.82 billion by 2030 from USD 1.98 billion in 2023.

Browse Complete Summary and Table of Content @

https://exactitudeconsultancy.com/ja/reports/4749/automotive-engine-piston-market/

[medicaldevicesindustrynews]

Automotive Piston Market Will Reach USD 5,806.1 Million By 2030

The automotive piston market has garnered USD 4,199.2 million in revenue in 2023, and it is projected to rise at the rate of 4.8% from 2024 to 2030, to capture USD 5,806.1 million by 2030. The need for automotive pistons is growing because middle-class individuals can now buy cars due to their increasing per-capita income and urbanization in developing nations. The aluminum category grips a…

[tamanna31]

Lubricants Market Dynamics, Top Manufacturers Analysis, Trend And Demand, Forecast To 2030

Lubricants Industry Overview

The global lubricants market size was estimated at USD 139.44 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2030.

This is attributed to the growing demand for automotive oils and greases due to the growing trade of vehicles and spare parts. Lubricants are an essential part of rapidly expanding industries. They are used between two relatively moving machinery parts to reduce friction and wear & tear. They can be either petroleum-based or water-based and are essential for proper machinery functioning. Lubricants also decrease operational downtime and eventually increase overall productivity. Lubricants are extensively used in processing industries and automobile parts, especially brakes and engines, which need lubrication for continuous smooth functioning.

Gather more insights about the market drivers, restrains and growth of the Lubricants Market

The increasing imports and exports of piston engine lubricants are contributing to market growth. The product demand is driven by the rising focus of consumers on enhancing vehicle performance coupled with the introduction of innovative & premium product offerings. Future growth will be highly dependent on motor vehicle production and the miles covered by each vehicle. Furthermore, consumers are looking for standard and specialized lubricants for their regular vehicles to ensure the smooth functioning of their vehicles and reduce long-term maintenance costs.

Lubricant manufacturing requires crude oil, tight oil, and other additives to formulate all lubricant types. There are multiple additives incorporated in lubricants to enhance their functionality and properties. These include antioxidants, extreme pressure additives, rust- & corrosion-prevention additives, detergents, viscosity index improvers, anti-wear agents, and dispersants. Lubricants are 90% base oil and 10% additives, wherein base oils include petrochemical fractions, such as fluorocarbons, esters, polyolefin, and silicones. Base oils increase the viscosity of the lubricants and reduce wear & tear. Paraffinic and naphthenic are the two essential base oils used in lubricant formulations.

Browse through Grand View Research's Petrochemicals Industry Research Reports.

• The global naphtha market size was valued at USD 189.5 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030.

• The global diesel exhaust fluid market size was valued at USD 36.66 billion in 2023 and is projected to grow at a CAGR of 7.9% from 2024 to 2030.

Key Lubricants Company Insights

The global lubricants market is competitive with a large number of well diversified regional, and independent small scale and large scale manufacturers and suppliers. The small-scale companies majorly compete on the basis of price, after sales service and delivery timelines. Whereas the large scale companies focus on product development and innovations as well as marketing strategies.

Some of the key players operating in the market include Exxon Mobil Corp, Shell, and TotalEnergies

ExxonMobil Corp. is a global manufacturer & supplier of synthetic lubricants. The company mainly deals in three business segments that include upstream (oil & gas, E&P, shipping and wholesale operations), downstream (refining, marketing and retail operations) and chemicals. ExxonMobil owns 37 oil refineries in 21 countries with refining capacity of 6.3 million barrels per day.

Shell is a global leader as a group of petrochemical and energy companies, with presence across 70 countries and over 90,000 employees. The group provides fuels, car services, oils, and is also engaged in production, exploration, and refining of petroleum products. The group offers lubricants for industrial and transport businesses along with lubrication process and services.

Total Energies. is oil & gas integrated company. The company has its business segments in upstream, refining & specialty chemicals, and marketing & services. Total Oil India Private Ltd. is an entirely owned subsidiary of TOTAL. It has exploration and production activities in more than 50 countries. The company has a broad catalogue of lubricants for various markets such as agriculture, vehicles, aviation, energy, and chemicals, among others.

Key Lubricants Companies:

The following are the leading companies in the lubricants market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these lubricants companies are analyzed to map the supply network.

ExxonMobil Corp.

Royal Dutch Shell Co.

BP PLC.

Total Energies

Chevron Corp.

Fuchs

Castrol India Ltd.

Amsoil Inc.

JX Nippon Oil & Gas Exploration Corp.

Philips 66 Company

Valvoline LLC

PetroChina Company Ltd.

China Petrochemical Corp.

Idemitsu Kosan Co. Ltd.

Lukoil

Petrobras

Petronas Lubricant International

Quaker Chemical Corp.

PetroFer Chemie

Buhmwoo Chemical Co. Ltd.

Zeller Gmelin Gmbh & Co. KG

Blaser Swisslube Inc

Recent Developments

In January 2024, Shell U.K. Limited acquired MIDEL and MIVOLT from M&I Materials Ltd. The products of the latter two will be produced and distributed as part of Shell’s Lubricants portfolio. The acquisition will help Shell to strengthen its position in Transformer Oils, which finds use in offshore wind parks, utility companies, and power distribution.

From September 2023, TotalEnergies Lubrifiants accelerated the inclusion of recycled plastics (50% PCR high-density polyethylene) in its lubricants bottles, following a pilot project launched in 2021 called Quartz Xtra bottles. This aims at contributing to a circular economy and in decline of usage of virgin plastic.

In March 2023, ExxonMobil announced investing around INR 900 crore (~USD 110 million) for constructing a lubricants production plant in Raigad, Maharashtra, India. Upon completion, plant’s annual production capacity is expected to be 159,000 kl of finished lubricants. This plant will cater to growing demand from industries such as mining, construction, power, steel, and manufacturing, among others.

Order a free sample PDF of the Lubricants Market Intelligence Study, published by Grand View Research.

[aceforge12-blog]

Aceforge Pvt Ltd: Leading Automobile Spare Parts Manufacturers

In the competitive landscape of the automobile industry, reliable and high-quality spare parts are essential to ensure the smooth operation and longevity of vehicles. As a leader among automobile spare parts manufacturers, Aceforge Pvt Ltd has established itself as a trusted partner for automotive companies, garages, and vehicle owners around the world. With a strong commitment to quality, precision engineering, and customer satisfaction, Aceforge delivers an extensive range of spare parts that cater to various vehicle types and models.

The Growing Demand for Quality Automobile Spare Parts

The global automotive industry is expanding rapidly, with a rising demand for reliable and durable spare parts. As vehicles age or experience wear and tear, replacing parts with high-quality components becomes essential to maintain optimal performance and safety. Moreover, the trend towards electric vehicles (EVs), technological advancements, and stringent safety standards have further driven the need for precision-engineered spare parts.

India, being one of the world's largest automobile markets, has a robust network of spare parts manufacturers that supply both the domestic and global markets. Among these manufacturers, Aceforge Pvt Ltd stands out for its excellence in providing superior quality, reliability, and innovation in spare parts manufacturing.

Aceforge Pvt Ltd: A Trusted Name in Automobile Spare Parts Manufacturing

Aceforge Pvt Ltd is a renowned name in the automobile spare parts manufacturing sector, known for its high standards of quality, precision, and customer-focused approach. With years of experience and expertise, Aceforge has become a preferred choice for automotive OEMs, aftermarket suppliers, and individual customers seeking dependable and high-performance spare parts.

Key Advantages of Choosing Aceforge Pvt Ltd for Spare Parts

Comprehensive Range of Spare Parts: Aceforge offers a wide variety of spare parts that cater to multiple vehicle types, including passenger cars, commercial vehicles, two-wheelers, and heavy-duty trucks. The company's extensive product portfolio includes:

Engine Components: High-quality pistons, cylinder heads, crankshafts, and valves that ensure the engine runs smoothly and efficiently.

Transmission Parts: Reliable gears, shafts, and clutches that provide seamless power transfer and enhance vehicle performance.

Brake Components: Durable brake pads, discs, calipers, and drums that guarantee safety and effective braking.

Suspension and Steering Parts: Sturdy control arms, ball joints, shock absorbers, and tie rods that enhance stability and handling.

Electrical Parts: Robust alternators, starters, wiring harnesses, sensors, and electronic control modules essential for modern vehicles.

Body and Interior Parts: Precision-crafted door handles, mirrors, lighting systems, and interior components that provide comfort and aesthetic appeal.

Advanced Manufacturing Capabilities: Aceforge utilizes state-of-the-art manufacturing facilities equipped with the latest CNC machines, automated assembly lines, and quality control systems. This ensures that each spare part produced meets the highest standards of precision, durability, and consistency.

Stringent Quality Control: Quality is a core principle at Aceforge. The company adheres to strict quality assurance protocols, conforming to international standards such as ISO 9001 and IATF 16949. Each product undergoes multiple stages of inspection and testing to ensure it meets or exceeds the specifications required by OEMs and end-users.

Innovation and R&D Focus: Aceforge is dedicated to innovation and continuous improvement. The company invests heavily in research and development (R&D) to design and develop new products that cater to emerging market needs and technological advancements, such as electric vehicles (EVs) and hybrid systems.

Customized Solutions: Understanding that different customers have unique requirements, Aceforge offers customized solutions tailored to specific needs. Whether it's developing bespoke components or providing special packaging, Aceforge collaborates closely with its clients to deliver optimal solutions.

Competitive Pricing and Value for Money: Aceforge combines high quality with cost efficiency, ensuring that customers get the best value for their money. Through optimized production processes, bulk material sourcing, and strategic partnerships, the company offers competitive pricing without compromising on quality.

The company utilizes green manufacturing techniques, reduces waste, and recycles materials wherever possible, contributing to a more sustainable future for the automotive industry.

Why Aceforge Pvt Ltd Stands Out Among Automobile Spare Parts Manufacturers

Choosing the right spare parts manufacturer is crucial for maintaining vehicle performance, safety, and longevity. Aceforge Pvt Ltd distinguishes itself from other manufacturers in the following ways:

Proven Expertise: With decades of experience in the automotive industry, Aceforge has established itself as a trusted and reliable partner for customers across the globe. The company's deep understanding of the market dynamics and customer needs enables it to deliver superior products and services.

Global Reach: Aceforge serves both the domestic and international markets, supplying spare parts to leading automotive brands, distributors, and aftermarket suppliers worldwide. The company's ability to meet global standards and deliver on time has earned it a strong reputation in the international arena.

Commitment to Customer Satisfaction: At Aceforge, customer satisfaction is paramount. The company works closely with its clients to understand their specific needs and challenges and provides customized solutions that enhance their operational efficiency.

Future-Ready Manufacturing: Aceforge is well-prepared to cater to the evolving automotive industry, including the growing demand for electric vehicles (EVs) and autonomous driving technologies. The company is already investing in new technologies and processes to develop spare parts that meet the unique requirements of future mobility solutions.

Conclusion

As the automotive industry continues to grow and evolve, the demand for high-quality, reliable, and affordable spare parts remains critical. Aceforge Pvt Ltd stands out as a leader in automobile spare parts manufacturing, offering a comprehensive range of components that cater to various vehicle types and models. With a strong focus on quality, innovation, and customer satisfaction, Aceforge has earned its place as a preferred choice for automotive companies, suppliers, and vehicle owners worldwide.

Choose Aceforge Pvt Ltd for all your automobile spare parts needs and experience the perfect blend of quality, reliability, and value. With a commitment to excellence, advanced manufacturing capabilities, and a customer-centric approach, Aceforge is here to keep your vehicles running smoothly and efficiently.

[snehalg123]

Automotive Gudgeon Pin Market 2024 Growth, Survey, Analysis, Share, Company Profiles And Forecast By 2033

 A gudgeon pin is a small metal pin that is used to connect the piston to the connecting rod in an internal combustion engine. The gudgeon pin is also known as the wrist pin or piston pin. The gudgeon pin is located in the small end of the connecting rod and is usually a press fit into the piston. The gudgeon pin is what allows the piston to rotate within the cylinder. The gudgeon pin is also responsible for transferring the force from the piston to the connecting rod.

To Know More: https://www.globalinsightservices.com/reports/automotive-gudgeon-pin-market/?utm_id=Snehalkast

Market Outlook

The automotive industry is constantly evolving and so are the technologies used within it.

One of the key trends in gudgeon pin technology is the move towards lighter materials. This is being driven by the need to reduce fuel consumption and emissions.

Another key trend is the use of coatings to improve the performance of the gudgeon pin. These coatings can reduce friction and improve heat resistance. They can also protect the pin from corrosion and wear.

The final trend is the move towards more sophisticated manufacturing processes. This is necessary to produce gudgeon pins with the required level of precision.

The Automotive Gudgeon Pin market is growing owing to the rising demand for passenger cars and commercial vehicles.

Request Sample: https://www.globalinsightservices.com/request-sample/GIS22446/?utm_id=Snehalkast

Major Players

The global automotive gudgeon pin market includes players such as Federal Morgul, Mahle GmbH, Shriram Pistons & Rings Ltd., Aisin Seiki Co Ltd, Rheinmetall Automotive AG, Ming Shun Industrial Co. Ltd., Elgin Industries, Samkrg, KSPG, Arias Pistons, and others.

[arrowautomotive]

Revving Up Innovation: A Deep Dive into the World of Automotive Component Manufacturers

In the high-octane world of automobiles, the spotlight often falls on the sleek designs, powerful engines, and cutting-edge tech features of the cars themselves. However, the unsung heroes behind these automotive marvels are the automotive component manufacturers. These industry powerhouses are the driving force behind every piston's power, every gear's grind, and every microchip's memory. In this article, we'll shift gears to give these manufacturers their well-deserved recognition, exploring their vital role, innovative approaches, and the challenges they navigate in today's ever-evolving automotive landscape. Buckle up and join us as we journey into the heart of automotive innovation.

Key Players in the Industry

Leading the pack in the automotive component manufacturing industry are global giants like Bosch, Denso, and Magna. These companies hold significant market shares, thanks to their innovative products and strong global networks.

Innovations and Developments

The automotive component manufacturing industry is constantly evolving, with companies pushing the boundaries of technology and engineering. Innovations such as lightweight materials for improved fuel efficiency, advanced sensors for autonomous driving, and cutting-edge battery technology for electric vehicles are transforming the landscape of automotive components.

Challenges in the Industry

Despite the innovations, the industry faces challenges such as cost reduction, quality control, and environmental considerations. As companies strive to produce components that are affordable, reliable, and environmentally friendly, they must navigate the complex, often competing demands of consumers, governmental regulations, and shareholder expectations.

Impact of the COVID-19 Pandemic

The COVID-19 pandemic has undeniably affected the automotive component manufacturing industry, with disruptions to supply chains and decreases in consumer demand. However, manufacturers have demonstrated resilience, implementing new strategies to adapt to these challenges, such as the use of digital technology for remote work, and the reconfiguration of manufacturing lines to produce medical equipment.

Outlook on the Future

Looking ahead, the automotive component manufacturing industry is poised for further growth and transformation. With advancements in areas like electric vehicles, autonomous driving, and connected cars, the demand for sophisticated, high-quality components will only increase. Manufacturers that can leverage these trends and continue to innovate will be well-positioned for success.

Conclusion

Automotive component manufacturers stand at the crossroads of immense challenges and significant opportunities. The tumult of upheavals, including shifting consumer demands, stringent regulatory norms, and of course, the global pandemic, has tested the resilience of the industry. However, the advent of electric vehicles, autonomous driving, and connected car technologies present new avenues for growth and innovation. By embracing these trends and continually pushing the boundaries of what's possible, automotive component manufacturers can chart a path towards sustainable success in a rapidly evolving landscape.

To stay ahead in the fast-evolving automotive industry, it's crucial to partner with a forward-thinking automotive component manufacturer. Embrace the future today and ensure your company's sustainable success by aligning yourself with an innovative partner in the automotive component manufacturing sector. Don't just adapt - lead the change in the automotive world. Contact us today to learn more about our comprehensive solutions and expertise.

[david843346]

Automotive Cylinder Liner Market Global Trends, Share, Growth, Opportunity And Forecast-2023

Global automotive cylinder liner market is expected to flourish at a significant CAGR of 4.2% during the forecast period. Moreover, the global automotive cylinder liner market is expected to garner USD 5,761.25 Million by the end of 2027.

The global automotive cylinder liner market is segmented into material type such as stainless steel cylinder liner, cast iron cylinder liner, titanium alloy cylinder liner, aluminum alloy cylinder liner and other. Among these segments, titanium alloy cylinder liner segment is expected to occupy top position in overall automotive cylinder liner market during the forecast period. Moreover, factor such as growing automotive production, increasing number of heavy trucks and growing demand for construction equipment are driving the market for automotive cylinder liners. Nowadays, many manufacturers are replacing cast iron with aluminum alloys and other material such as steel and titanium alloys for lighter engines in order to gain better fuel efficiency. This factor is anticipated to intensify the growth of the automotive cylinder liner market in the years ahead.

Europe automotive cylinder liner market is projected to hold a significant market share in terms of value in the global automotive cylinder liner market over the forecast period, exhibiting a CAGR of 2.1% over the forecast period. North America automotive cylinder liner market is anticipated to showcase significant growth during the forecast period. Moreover, Latin America is anticipated to grow at modest CAGR during the forecast period. Further, positive heavy vehicle and gasoline vehicle growth coupled with growing automotive market in the region is anticipated to drive the growth of the automotive cylinder liner market in Latin America.

Download Sample of This Strategic Report @ https://www.researchnester.com/sample-request-926

Cylinder Liner Automotive Engines

Increasing automotive production is the major growth driver of global automotive cylinder liner market. Further, automotive production is expected to increase on the account of rising demand. This factor is envisioned to bolster the growth of automotive cylinder liner market.

Automotive Aftermarket Cylinder Liner Industry Reflects Significant Opportunities

Rapid growth in automotive vehicle size on the road is creating noteworthy after market prospects for automotive cylinder liner market. On the other hand, the heavy duty automotive cylinder liner segment is estimated to display a substantial growth rate throughout the forecast period owing to factors like increasing demand for heavy trucks and light commercial vehicle.

High cost of premium automotive cylinder liner can dampen the market of automotive cylinder liner. Moreover, rapid change in technology of heavy vehicle and luxurious car may diminish the demand for cylinder liner. 

The report titled “Automotive Cylinder liner Market Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global automotive cylinder liner market in terms of market segmentation by material type, by vehicle type, by cylinder line type, by cylinder liner type, by sales channel, by applications and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global automotive engine bearings market which includes company profiling of Mahle GmbH, Federal-Mogul LLC, GKN PLC, Westwood Cylinder Liners, Nippon Piston Rings Co. Ltd., TPR Co. Ltd., ZYNP Corporation, Liners India Limited, Melling Cylinder Sleeves, Cooper Corp, Dart on International, Inc., India Pistons Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive engine bearings market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Curious about this latest version of report? Obtain Report Details @ https://www.researchnester.com/reports/automotive-cylinder-liner-market/926

[poonamcmi]

Global Video Borescopes Market Is Estimated To Witness High Growth Owing To Rising Demand for Non-destructive Testing Equipment

The global Video Borescopes Market is estimated to be valued at US $814.16 million in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Video borescopes are optical devices used for non-destructive testing in industries such as automotive, aerospace, power generation, and manufacturing. These devices allow professionals to inspect and analyze the internal components of machines and structures without dismantling them. With their compact design and high-quality imaging capabilities, video borescopes offer numerous advantages over traditional inspection methods, such as reducing downtime, preventing unnecessary repairs, and ensuring the safety of workers. Market key trends: One key trend driving the growth of the video borescopes market is the increasing demand for advanced non-destructive testing equipment. As industries focus on improving operational efficiency and minimizing maintenance costs, there is a growing need for inspection tools that can provide accurate and reliable results without causing any disruption to the production process. Video borescopes fulfill this requirement by allowing real-time inspection of hard-to-reach areas, helping companies identify potential issues before they escalate into major problems. For example, in the automotive industry, video borescopes are used to analyze engine cylinders, valves, and pistons, ensuring optimal performance and reducing the risk of mechanical failures. PEST Analysis: - Political: Government regulations regarding safety standards in industries such as aerospace and manufacturing drive the adoption of video borescopes. - Economic: The increasing investments in infrastructure development and manufacturing industries across emerging economies contribute to market growth. - Social: The focus on worker safety and the need for accurate inspection tools create a favorable environment for video borescope adoption. - Technological: Advances in imaging technology, such as high-definition cameras and wireless connectivity, enhance the capabilities of video borescopes and widen their scope of applications. Key Takeaways: - The global Video Borescopes Market Share is expected to witness high growth, exhibiting a CAGR of 6.5% over the forecast period, due to increasing demand for non-destructive testing equipment. - North America is expected to dominate the market, owing to the presence of key players and the widespread adoption of video borescopes in industries such as aerospace and automotive. - Key players operating in the global video borescopes market include Olympus Corporation, GE Inspection Technologies (now part of Baker Hughes), Karl Storz GmbH & Co. KG, SKF Group, FLIR Systems Inc., Yateks Corporation, PCE Instruments, Vizaar Industrial Imaging AG, VJ Technologies Inc., Gradient Lens Corporation, Medit Inc., RF System Lab (now owned by Olympus Corporation), Coantec Automation Technology Co. Ltd.,

[gorepoonam]

Drive by Wire Market Analysis by Future Demand, Top Players, Size, Share

Global Drive by Wire Market research report 2020 offers in-depth assessment of revenue analysis by Future Growth, Top Players, Size, Share, Opportunities, Revenue and Growth Rate Through 2027 Evaluation is provided for global markets, including development trends, competitive landscape evaluation, and key region's development standing. Moreover, this report also helps you to understand factors driving or inhibiting the market growth along with each submarket with respect to individual growth trend and their contribution to the market

Drive by Wire Market Regional Analysis:

This study provides an overview of the Global Drive by Wire Market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Drive by Wire Market by its Type, Applications, End User and Region.

Competitive Analysis:

The Drive by Wire Market report examines competitive scenario by analysing key players in the market. The company profiling of leading market players is included this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Key Offerings: • Market Size & Forecast by Revenue | 2027 • Market Dynamics - Leading trends, growth drivers, restraints, and investment opportunities • Market Segmentation - A detailed analysis by product, types, end-user, applications, segments, and geography • Competitive Landscape - Top key vendors and other prominent vendors.

Key Manufacturers Covered in This Report:

Major players operating in the global automotive daytime running light market include Valeo SA, KOITO MANUFACTURING CO., LTD., TANLEY ELECTRIC CO., LTD., Marelli Holdings Co., Ltd., HELLA GmbH & Co. KGaA, ZIZALA Lichtsysteme, and ICHIKOH INDUSTRIES, LTD. among others.

Contents

login

Executive Summary

Market Dynamics

Basic knowledge

Qualitative Analysis – Impact of COVID-19

Global Drive by Wire Market Analysis (Billion USD), Insights & Forecast, 2018-2020

Research Scope

Market Segmentation

Research Methodology

Definitions and Assumptions

Market drivers

Market Restrictions

Market Opportunities

Important Emerging Trends

Major Developments: Mergers, Acquisitions, Partnerships etc.

Latest Technological Developments

Editor Landscape

Porter's Five Forces Analysis

Impact of COVID-19 on Drive by Wire Market

Steps Taken by Government to Overcome Impact

Major Developments in the Industry in Response to COVID-19

Potential Opportunities and Challenges Due to the COVID-19 Pandemic

Key Findings / Summary

Market Analysis, Opinions and Forecast - By Fuel Type

Market Analysis, Insights & Forecast - By Technology

Market Analysis, Insights & Forecast - By App

Market Analysis, Opinions & Forecast - By Region

Natural gas

Coal

biomass

Others

Combined Cycle

steam turbine

gas turbine

Piston engine

Others

Vehicles

residential

Commercial and Industrial

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

[sujanindustries]

Rubber Industry: Trends, News, Industries and Products

Over the years, the rubber industry has grown leaps and bounds, and the demand for rubber products has thus increased significantly owing to its unique characteristics like flexibility, durability, resistance to wear and tear, etc. From industrial products to household items, rubber products are an integral part of our daily lives. 

In this post, we will be exploring some latest trends and news and discussing the industries and products being offered in the rubber industry. 

Rubber Market in India 

India's rubber industry plays a significant role in boosting the country's economy, as rubber serves a variety of applications across numerous industries, from aerospace and railways to heavy machines, etc., and it provides employment opportunities to millions of people across the nation. 

India is a major producer of natural rubber, one of the key raw materials used in the rubber industry. The country's favorable climatic conditions, along with the availability of skilled labor, have helped to establish India as a leading player in the rubber industry.

This industry has been able to grow steadily over the years, with various government initiatives supporting the sector. Additionally, the growing demand for rubber products in various sectors, such as automotive, construction, and healthcare, has also contributed to the industry's success.

Sujan Industries, the leading custom rubber moulded products manufacturer in India, is known for producing products that are both of superior quality and environmentally responsible. Our dedication to sustainability sets us apart in the industry, and we pride ourselves on providing superior quality and service.

Trends in Rubber Industry 

A number of recent trends are impacting industrial and consumer rubber product manufacturing globally. These latest trends include increasing demand for synthetic rubber products, the growing popularity of electric vehicles (EV), continued supply chain disruptions, and ever-increasing consumer demand for sustainable rubber products and raw materials. 

The shift towards electrification of vehicles is already creating significant ripple effects in the rubber industry. Owing to a significant portion of EV manufacturing facilities located in Asia, we see the demand for rubber in Asian regions soaring upwards. Countries like Thailand, Malaysia, Indonesia, and Vietnam together form the world’s largest rubber manufacturing hubs. 

Rubber products are used in nearly every industry in some or the other form, but the major applications remain in the automotive, railways, aerospace, defence, off-highway, power, electrical, engines, and casting, to name a few. 

Sujan Industries: Industry and Products 

Aerospace: Sujan industries, one of the leading aerospace components manufacturers in India offers a range of rubber products that include k-seals, rubber sleever, rubber gaskets, oil seals, pistons, plungers, rubber boots, and rubber bellows. 

Railways: Sujan Industries offers railway components like miner side bearings, lateral control pad, ball joint, axie box pivot bush, primary suspension pad, rubber spring, and lateral bump stop. 

Off-Highway: For off-highway vehicles (OHV) and OEMs, Sujan offers motor mounts, gaskets and seals, and cushions. 

Automotive: Automotive industry uses rubber components for NVH, shock absorption, heat resistance, and leakage prevention for critical applications. In that context, Sujan offers high-quality rubber components like rebound stoppers, spring seats, and stabi bush. 

Defence: Sujan, being a trusted and leading defence parts manufacturers in India offers high-quality rubber products like radiation-proof shields at the hull, at drivers hatch, and at the turret, NVH Pads for defence trucks, mostly used in defence vehicles, submarines, air crafts, and even space exploration missiles.

Power: Products offered by Sujan in the power sector include insulator mounting, rubber mounting, spacer comp, and mounting having applications in generators, engines, water pumps, and more. 

Electrical: Rubber is a bad conductor of electricity and has vast applications across the electrical industry. Sujan Industries offers moulded gaskets, rubber covers, rubber sleeves, and cable cones. 

Engines: For engines, Sujan offers engine mounts and gaskets, engine mounts, and gaskets providing power to the vehicle.

Wrapping Up 

At present, we at Sujan Industries produce and deliver premium quality products that are high-quality. Best-in-class products in both India and worldwide. We provide reliable rubber products in all the categories mentioned above here. Get in touch with us to explore more about rubber products and offerings. 

[aceforge12-blog]

Automotive Parts Manufacturers in India: The Excellence of Aceforge Pvt Ltd

India’s automotive industry is a significant contributor to the country’s economy and is rapidly growing, supported by a strong network of automotive parts manufacturers. Companies like Aceforge Pvt Ltd have played a pivotal role in this growth, establishing themselves as reliable suppliers of high-quality automotive components. With a focus on precision engineering, innovation, and sustainability, Aceforge stands out as one of the leading names in the automotive parts manufacturing sector in India.

The Booming Automotive Parts Industry in India

India's automotive parts manufacturing industry is thriving, driven by a growing domestic market, increasing vehicle production, and a booming export sector. The industry encompasses a wide range of components, from simple fasteners to complex electronic systems, catering to passenger vehicles, commercial vehicles, two-wheelers, and electric vehicles (EVs). Indian manufacturers have gained recognition for delivering quality, affordability, and timely services, making India a preferred sourcing destination for global Original Equipment Manufacturers (OEMs) and Tier 1 suppliers.

Aceforge Pvt Ltd: A Trusted Name in Automotive Parts Manufacturing

Aceforge Pvt Ltd is a distinguished name in the Indian automotive parts manufacturing landscape. With decades of experience, a commitment to quality, and a customer-centric approach, Aceforge has become synonymous with excellence in the industry. The company specializes in manufacturing a wide range of automotive components that meet the stringent requirements of both domestic and international markets.

Key Strengths of Aceforge Pvt Ltd:

Advanced Manufacturing Capabilities: Aceforge's state-of-the-art manufacturing facilities are equipped with the latest technology and machinery to ensure precision and efficiency. The company employs automated processes, CNC machining, and robotics to achieve consistent quality and high production volumes.

Diverse Product Range: Aceforge offers a comprehensive range of automotive parts, catering to various segments of the automotive industry:

Engine Components: High-precision parts like pistons, camshafts, and connecting rods that are essential for engine performance and longevity.

Transmission Components: Durable gears, shafts, and clutches that ensure smooth and efficient power transfer in vehicles.

Suspension and Steering Parts: Robust control arms, tie rods, and stabilizer links that provide stability and control.

Brake Systems: Advanced brake pads, discs, and calipers designed to deliver superior stopping power and safety.

Electrical and Electronic Components: Reliable wiring harnesses, sensors, and control modules essential for modern vehicles.

Quality Assurance: Quality is a non-negotiable aspect of Aceforge's operations. The company adheres to strict quality control measures and complies with international standards such as ISO 9001, IATF 16949, and TS 16949. Each product undergoes rigorous testing and inspection to ensure it meets or exceeds customer expectations.

Innovation and Research & Development (R&D): Aceforge is committed to continuous innovation and invests heavily in R&D to develop new products, improve existing ones, and integrate the latest technologies. This focus on innovation allows the company to offer cutting-edge solutions and stay ahead of market trends.

Sustainability Initiatives: Aceforge is dedicated to sustainable manufacturing practices. The company utilizes eco-friendly materials, reduces waste, and incorporates energy-efficient processes in its manufacturing operations, contributing to a greener environment.

Customer-Centric Approach: At Aceforge, customer satisfaction is a top priority. The company works closely with its clients to understand their specific needs and provide customized solutions that add value to their operations. Timely delivery, competitive pricing, and exceptional after-sales support are hallmarks of Aceforge’s customer service.

Why Choose Aceforge Pvt Ltd for Automotive Parts Manufacturing?

Choosing the right automotive parts manufacturer is crucial for OEMs and automotive companies seeking quality, reliability, and cost-efficiency. Here are some reasons why Aceforge Pvt Ltd stands out among automotive parts manufacturers in India:

Proven Track Record: With a solid history of successful projects and satisfied clients, Aceforge has built a reputation for excellence in automotive parts manufacturing.

Global Reach: Aceforge caters to both the domestic and international markets, serving leading automotive brands across North America, Europe, Asia, and Africa. The company's ability to meet global standards and deliver consistent quality has earned it a place among the top automotive parts exporters from India.

Adaptability to Emerging Trends: Aceforge is quick to adapt to emerging trends, such as the growing demand for electric vehicles (EVs) and autonomous driving technologies. The company is already working on developing parts that meet the unique requirements of these new-age vehicles.

Strong Partnerships: Aceforge believes in fostering strong, long-term partnerships with its clients. By working closely with customers, the company ensures that it provides tailored solutions that meet their specific needs and contribute to their growth.

The Future of Automotive Parts Manufacturing at Aceforge Pvt Ltd

The automotive industry is undergoing a transformation driven by advancements in technology, sustainability, and changing consumer preferences. Aceforge Pvt Ltd is well-positioned to thrive in this evolving landscape, with plans to expand its product portfolio, enhance its manufacturing capabilities, and explore new markets. The company's commitment to innovation, quality, and customer satisfaction ensures that it remains at the forefront of the automotive parts manufacturing industry.

As India continues to rise as a global hub for automotive parts manufacturing, companies like Aceforge Pvt Ltd will play a critical role in driving this growth. With a strong foundation built on quality, innovation, and sustainability, Aceforge is set to shape the future of the automotive industry in India and beyond.

Conclusion

In the competitive world of automotive parts manufacturing, Aceforge Pvt Ltd stands out as a leader in delivering high-quality, reliable, and innovative automotive components. With its advanced manufacturing capabilities, customer-focused approach, and commitment to excellence, Aceforge is a trusted partner for automotive companies looking for top-notch solutions. As the industry continues to evolve, Aceforge is ready to meet the challenges and opportunities ahead, contributing to the growth and success of its customers worldwide.

[vicky8588]

TAPPET MARKET

MARKET OVERVIEW

"Report on Global Tappet analyses the market size, shares, recent trends, competitive intelligence, and future market outlook. Tappet usage in combustion engines is on the rise. Demand from Passenger and Commercial Automotives in Asia Pacific is spiking. Competitive rivalry intensifies with Federal-Mogul, Competition Cams, Otics Corporation and others operating in the market."

Tappets are the essential component of the internal combustion engine, which converts the camshaft's rotating motion into linear motion of the valves. The tappet is the mechanical part that helps to reciprocate the part of the valve gear in beam engines to transmit intermittent motion. The tappets can be produced with the latest technologies with high productive CNC and SPM machines.

To Get a Free Sample Click here

TAPPET MARKET TRENDS AND DYNAMICS

The market is driven by the rising sale of passengers and commercial vehicles due to increased disposable income and a surge in global populations. According to the International Organization of Motor Vehicle Manufacturers, in 2019, the commercial and passenger vehicle sale was registered to around 91358457 numbers of units worldwide. As the tappets are the essential component of the automobile engine requires adjusting the air-fuel mixture at the camshaft.

There is a rise in the adoption of advanced technology like laser-based processes to manufacture the engine components for automobiles and heavy vehicle displays. For instance, on 30th August 2018, Federal-Mogul Powertrain had developed laser processes for the large bore of the future piston rings that provide higher wear resistance. The techniques are eco-friendly galvanic coatings developed with new surface treatments for future engine and fuel developments in the industrial and marine sectors.

TAPPET MARKET SEGMENTATION ANALYSIS

The global tappet market is segmented based on product type, applications, and region.

In terms of product type, the global tappet market is bifurcated into flat and roller. Among these, the flat segment has the highest market share in 2019 due to the increasing demand for the vehicles to launch advanced technology for a smoother operating engine at a lower cost. For instance, in 2019, SAC Indian Company developed the tappet with an increased machining capacity of Tappet (cam followers) of around 8.40 million per annum, enhanced from 7.2 million per Annum with the latest metrology and metallurgy lab to measure all the critical parameters of the Tappets.

Similarly, the roller segment is also growing faster due to raising the global demand for the advanced technology-based fuel saver and wear-resistant cam and follower worldwide.

Depending on the vehicle type, the global tappet market is divided into passenger vehicles, commercial vehicles, etc. Among these, the commercial vehicles segment had the highest share in 2019. This is primarily due to the rising sale and production of commercial vehicles, which has generated a huge demand for the tappet used in engine manufacturing. According to the International Organization of Motor Vehicle Manufacturers, in 2019, the numbers of commercial vehicles produced were more than 27016764 numbers of units.

Similarly, passenger vehicle segments are also growing faster due to the rising sale of passenger vehicles worldwide. According to the International Organization of Motor Vehicle Manufacturers (OICA), in 2019, the global passenger vehicle sales have been registered to around 64341693 numbers of units. This propels the segmental growth for the tappet market.

Depending upon the Engine size, the global tappet market is bifurcated into <4 cylinders, 4-6 cylinders, and >6 cylinders. Among these 4-6 cylinders, this is primarily due to the rising demand for heavy trucks, coaches, buses with a surge in the global population.

Similarly, <4 cylinders and >6 cylinders are also growing faster due to increasing the sale of passenger cars, two-wheelers, and three-wheelers around the globe.

Depending upon the distribution channel, the global tappet market is bifurcated into aftermarket and OEMs. Among these OEMs, the segment has the highest market share due to increasing the demand for the tappet by the original vehicle manufacturers with the growing adoption of advanced technology. For instance, on 30th October 2018, the GM Genuine Original Equipment Manufacturer of the automotive Parts and AC Delco has been expanded the product portfolios of the automotive components to meet growing customer demand.

Similarly, the aftermarket segment is also growing faster due to distributors, wholesalers shops, and the rising trend of custom vehicles worldwide.

GLOBAL TAPPET MARKET GEOGRAPHICAL SHARE

By region, the global Tappet market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, Asia Pacific is the dominant region for the global tappet market. It is expected to grow at the highest CAGR during the forecasted period due to leading manufacturing players with growing automotive sales and production, followed by the North America region. According to OICA, in 2019, there were around 44 million vehicles sold in this region, from which China remains the leading market with 28.08 million sales. This propels the tappet market's demand, which is the engine's core part of the vehicles' forecast period.

North America is also growing faster for the tappet market, owing to rising automotive sales with a surge in consumer spending. As per the OICA in 2019, around 25 million new vehicles have been registered in North America, followed by the Europe region. Similarly in the Europe region, the vehicle sale is rapidly growing due to rising consumer demand. For instance, in 2017, as per the International Transport of Clean Transportation (ICCT) report in the UK, more than 4.3 million new sport utility vehicles (SUV) have been registered. This has been propelled the demand for commercial and passenger vehicles, ultimately boost the tappet market.

TAPPET MARKET COMPANIES AND COMPETITIVE LANDSCAPE

The global Tappet market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Otics Corporation, Eaton, Schaeffler SKF, TRW, Federal-Mogul, NSK, Rane Engine Valve Limited,  AC Delco, Competition Cams, and Lunati are the leading market players with significant market share.

Companies are entering into collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance, on 28th Nov 2018, Schaeffler Company has acquired Elmotec Statomat GmbH to enhance the production capabilities of leading manufacturers of production machinery for the high-volume.

About DataM Intelligence:

DataM Intelligence 4Market Research is a market intelligence platform that gives access to syndicated, customized reports and consulting to its clients in one place. As a firm with rich experience in research and consulting across multiple domains, we are a one-stop solution that will cater to the needs of clients in key business areas. DataM Intelligence has an online platform whose coverage includes industries such as chemicals and materials, agriculture, health care services, animal feed, and food & beverages, among others. Our platform has Insights on markets that uncover the latest market research data that are distinct from the competition. With coverage across 10 major industries in the marketplace research, DataM Intelligence benefits thousands of companies by helping them take their innovations early to the market by providing a complete view of the market with statistical forecasts. Our strategy-centric framework and value-added services will let individuals and corporates ease access and custom personalization to research and markets.

Contact Us:

For more information:

Sai Kiran

Sales Manager at DataM Intelligence

Email: info@datamintelligence.com

Tel: +1 877 441 4866

Website: www.datamintelligence.com

[researchvishal]

Automotive Turbochargers Market Future Scenario, Key Insights, Top Companies 2033

The global automotive turbochargers market is projected to have a high-paced CAGR of 9.5% during the forecast period. The current valuation of the automotive turbochargers market is US$ 14.3 Billion in 2023. The value of the automotive turbochargers market is anticipated to reach a high of US$ 35.4 Billion by the year 2033.

Some key features driving the demand for automotive turbochargers are last-mile delivery and ever-changing mobility services. The present conventional turbocharger market is predicted to develop slowly due to the maturation of the sector and the quick shift to hybrid cars in the face of tight restrictions. Nonetheless, the leading players are developing improved turbos for fuel cells and electric cars, resulting in a massive potential addressable market throughout the projection period.

Moreover, regulatory authorities, such as the United States Environmental Protection Agency (EPA), have imposed rigorous emission standards for on-road vehicles, including passenger cars and commercial trucks and buses. The EPA rules compel automakers to build cleaner engines with higher fuel economy, boosting industry statistics. Rapid advancements in turbo petrol engines have brought numerous businesses together in a strategic partnership to increase market potential. Toyota, for instance, announced an expansion in 2.0-litre turbo-petrol engine and AWD with Glanza-based GR Starley. This is the first expansion for the company's 2.0-liter 3S-GTE turbocharged petrol engine.

Furthermore, gasoline-powered engines are transitioning from normally aspirated to turbocharged engines at a greater rate than ever before. It is projected that 50% of automobiles sold during the projection period may have turbochargers, and similar trends are likely to continue. Automobile performance tuning and engine remapping, as well as additive manufacturing, are gaining traction in Europe, forcing manufacturers to incorporate these trends into the creation of improved commercialized fuel cell vehicle turbochargers.

The strong demand for entry-level hatchbacks in emerging nations signals a high desire for fuel-efficient vehicles. Thus the market for turbochargers is likely to rise due to their capacity to improve vehicle fuel efficiency. Engine manufacturers are downsizing engines by lowering piston displacement and the number of cylinders and using turbochargers to produce greater power and torque via the engine.

The growth of the automotive turbocharger market size favors the manufacturing of automobiles and vehicles powered by TGDI (turbocharged gasoline direct injection) engines. A new line of innovative electric turbochargers with distinctive valve designs has been created as a result of a series of advances in the automotive turbochargers industry.

However, the rising emissions created by car fuels are contributing to air pollution and the global warming catastrophe. The major automobile manufacturers are shifting their focus to more sustainable energy sources. Manufacturers are investing considerably in research to build automobiles with modern technologies and are transitioning to an electric powertrain. Hence, the rising popularity of zero-emission automobiles may have a negative impact on the market.

Key Takeaways:

During the forecast period, China is expected to account for a significant share of the global automotive turbochargers market. This is attributed to the demand for electric vehicles (EVs) in China growing rapidly, compelling manufacturers to develop technological advances in e-turbochargers and incorporate advantageous technology into existing models.

The automotive turbochargers market in North America is predicted to hold the largest share, particularly in the U.S., during the projected period. This is owing to the compelling requirement to meet the EPA's and NHTSA's rigorous emission criteria that drive innovation in the automotive turbocharger industry in order to achieve higher fuel economy and a lower carbon footprint.

Owing to the benefits offered by VCT, such as greater performance and fuel economy, the "variable-geometry technology" product type is expected to hold the greatest revenue through the forecast period.

As passenger car sales are expanding in the automotive industry, accounting for 3/5th of overall sales, the "passenger car" vehicle type accounts for a significant share and is the most lucrative area for key players.

For more information: https://www.futuremarketinsights.com/reports/global-automotive-turbochargers-market

Competitive Landscape:

To boost the brand and revenue, industry participants participate in several scheduled product releases and worldwide growth. They are also increasing their footprint across multiple geographies and entering new markets, particularly in emerging nations, in order to broaden and enhance their consumer base. Market players are also introducing new inventive items into the market in response to the need to reduce carbon emissions. These factors are anticipated to expand the global automotive turbochargers market size. The following companies are key leaders in the global market for automotive turbochargers:

Honeywell International Inc. (Garret Advancing Motion)

BorgWarner Inc.

IHI Corporation

Cummins Inc.

Bosch Mahle Turbo Systems GmbH & Co

Eaton Corporation plc

Weifang FuYuan Turbochargers Co. Ltd.

Mitsubishi Heavy Industries

Continental AG

Key Segments Profiled in the Automotive Turbochargers Market Survey

By Vehicle Type:

Passenger Car

LCV

HCV

Agricultural Machinery

Construction Machinery

By Product Type:

Wastegate

Variable-geometry Technology

Twin Turbo

[sramfact]

The global automotive plastics market for passenger cars size is projected to grow from USD 21.1 billion in 2021 and is projected to reach USD 30.8 billion by 2026, at a CAGR of 7.9%. The demand for automotive plastics is mainly driven by the increase in passenger car production and the increasing utilization of automotive plastics in vehicle designs. Plastics offer a maximum weight reduction for automobiles, which in turn reduces carbon emissions. These could be the major reasons propelling the market.

The shift towards the use of bioplastics in vehicle production, the use of anti-microbial plastics and additives, the use of composites and PMMA, and the growing trend of vehicle electrification have increased the demand for automotive plastics across the globe. The development of 3D printing technology is expected to act as a new opportunity for the automotive plastics market for passenger cars to grow. However, the high cost of capital and infrastructure for re-engineering plastics is expected to hinder market growth during the forecasted period. 

The under-bonnet is the fastest-growing application segment of the automotive plastics market for passenger cars during the forecast period. Automotive plastics used in the manufacturing of under-bonnet components of passenger cars include Polypropylene, PBT, polyamide, and other engineered plastics. The use of plastics in under-bonnet applications provides high durability, high-temperature resistance, strength, and rigidity to automobiles. The under-bonnet segment includes components such as the battery, onboard chargers, connectors, cables, electric motor, anti-lock braking system, hoses, hydraulic booster unit, load-sensing valve, master cylinder, metering valve, fuel delivery modules, intake manifolds, brackets, duck work, accumulator pistons pressure differential valve, proportioning valve, and thermal management system which require plastics in their manufacturing.

Polyamide is the fastest-growing product type segment of the automotive plastics market for passenger cars during the forecast period, owing to its enhanced properties, such as impact strength and superior surface finish. Commonly used grades are PA 6 and PA 66. It has various properties such as high stiffness, strength, dimensional stability, high temperature and abrasion resistance, and low friction characteristics, along with chemical, flame, abrasion, creep, and fatigue resistance. Moreover, owing to their excellent strength and toughness at the time of exposure to hot and automotive fluids, polyamides are used for automotive thermal management and other applications areas including gears, bushes, cams, bearings, and weatherproof coatings, etc.

BASF SE (Germany), SABIC (Saudi Arabia), LyondellBasell Industries Holdings BV (Netherlands), LG Chem (South Korea), DuPont (US), Covestro AG (Germany), Evonik Industries AG (Germany), Solvay (Belgium), Arkema SA (France), Borealis AG (Austria), LANXESS (Germany), DSM (Netherlands), Toray Industries Inc. (Japan), Mitsui Chemicals (Japan), Celanese Corporation (US), Toyota Boshoku Corporation (Japan), Faurecia SA (France), TOYODA GOSEI Co., Ltd. (Japan), INEOS (UK), Sumitomo Chemicals Co. (Japan), Ltd., UBE Industries (Japan), Mitsubishi Engineering Plastics Corporation (Japan), Formosa Plastics Corporation (Taiwan), EMI Chemi Holdings (China), and Momentive Performance Materials (US) are some of the leading players operating in the automotive plastics market for passenger cars. These players have adopted the strategies of acquisitions and partnerships to enhance their position in the market.