According to the latest market research report “Automotive Piston Rings Market Size, Share & Trends Analysis Report by Application by Region (North America, Europe, APAC, MEA), Segment Forecasts, And COVID-19 Impacts, 2014 – 2026” released by Global Market Monitor, the global Automotive Piston Rings market is expected to grow from $1.84 billion in 2019 to $2.26 billion by 2026 at a CAGR of 2.98%.
The piston ring is installed in a groove on the outer circumference of the piston of a reciprocating engine. The key functions of the piston ring include sealing the combustion chamber, transferring the heat generated in the combustion chamber to the cylinder wall and controlling the engine’s oil consumption.
The improvement in the economic conditions of developing countries around the world and the increase in disposable income are the main driving forces to increase the demand for passenger cars, which in turn is expected to promote the growth of the automotive piston ring market. The rising trend in the manufacture of light-duty internal combustion engines has prompted the reduction in the size of various IC engine components, including engine cylinders, pistons, piston rings, cranks and crankshafts. The use of cast aluminum alloy pistons and stainless steel piston rings can reduce the weight of ICE components. This reduced weight is likely to increase the fuel efficiency of the engine and therefore promote the automotive piston ring market.
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The Major Players Profiled in This Report Include:
ASIMCO
Federal-Mogul
MAHLE GmbH
NIPPON PISTON RING
RIKEN CORPORATION
IP Rings
Shriram Pistons & Rings
TPR
Hunan ZhengYuanDongli Parts
SamKrg
Anhui Ring New Group
Grover
Abilities India PIston & Rings
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Cast Iron Piston Rings
Steel Piston Rings
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Passenger Car
Commercial Vehicle
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Automotive Piston Rings Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Automotive Piston Rings Market by Types
Chapter 4 Segmentation of Automotive Piston Rings Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Automotive Piston Rings Market in Major Countries
Chapter 7 North America Automotive Piston Rings Landscape Analysis
Chapter 8 Europe Automotive Piston Rings Landscape Analysis
Chapter 9 Asia Pacific Automotive Piston Rings Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Automotive Piston Rings Landscape Analysis
Chapter 11 Major Players Profile
11.1 ASIMCO
11.1.1 ASIMCO Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Federal-Mogul
11.2.1 Federal-Mogul Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 MAHLE GmbH
11.3.1 MAHLE GmbH Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Key Questions Answered by This Report:
What is the size and CAGR of the Automotive Piston Rings Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Automotive Piston Rings Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Automotive Piston Rings Market?
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