October 24, 2020

Global Automotive Engine Encapsulation Industry Market Report 2020, Forecast Till 2027 By Type, End-use, Geography and Player

The global Automotive Engine Encapsulation market report provided by Global Market Monitor analyzes the industry and major market trends in detail, and divides the market size by volume and value according to application types and geographic locations.

The global automotive engine packaging market is growing rapidly due to growing demand for fuel-efficient vehicles and strict regulations to minimise engine noise and carbon dioxide emissions. The Asia Pacific region is estimated to dominate the automotive engine encapsulation market, by volume as well as value. The Asia Pacific region currently accounts for more than 50% of the global automobile production. The region comprises emerging economies such as China and India along with developed nations such as Japan and South Korea. The increase in disposable income in developing countries such as India and China and growing stringency of emission regulations are the key factors driving the market in the Asia Pacific region.


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