Market Share of Automotive Engine Encapsulation Industry
The automotive engine encapsulation market is fragmented, with the presence of several global and domestic players. Major players in the market include Roechling Group, Autoneum Holding AG, Trocellen Automotive, BASF SE, Continental AG, and others. The main revenue generation strategy of key players is to win contracts from OEMs. OEM expansions to cater to the demand for thermal reduction are also expected to boost the demand for engine encapsulation in the country. For instance,
In June 2021, Great Wall Motors announced plans to launch the second-generation Lemon Hybrid DHT system and a dedicated hybrid engine with a thermal efficiency level of more than 45% in 2023.
Automotive Engine Encapsulation Market Leaders
Trocellen Automotive
Autoneum Holding AG
BASF SE
Continental AG
Roechling group
*Disclaimer: Major Players sorted in no particular order
