Market Overview:
The global automotive motor iron core market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and hybrid vehicles across the globe. Additionally, the growing trend of lightweighting in automobiles is also contributing to the growth of this market. The global automotive motor iron core market can be segmented on the basis of type and application. On the basis of type, it can be divided into organic filler and inorganic filler segments. The organic filler segment is projected to grow at a higher CAGR during the forecast period as compared to inorganic filler segment owing to its superior properties such as high thermal conductivity, low density, and good machinability. On the basis of application, it can be classified into footwear, tires, hose segments and others (including engine blocks).
Product Definition:
An automotive motor iron core is a component of an automotive electric motor. The purpose of the iron core is to provide a stable magnetic field that will rotate the armature and power the car.
Organic Filler:
Organic fillers are natural materials used as binders in polymers. They are naturally derived and have no harmful side effects on the environment or human health. Organic fillers can be categorized into two types, synthetic organic fillers and natural organic fillers. The most commonly used synthetic organic filler is Polypropylene (PP).
Inorganic Filler:
Inorganic fillers are used in automotive motor iron core market for the improvement of thermal and mechanical properties. Inorganic fillers can be categorized into two types, natural inorganic fillers and synthetic inorganic fillers. The selection of filler is based on various factors such as flow ability, particle size distribution, density & porosity among others.
Application Insights:
Automotive motor irons are used in various applications including footwear, tires, hoses and others. Tire application dominated the overall industry in terms of revenue share at over 35% in 2017. The segment is projected to witness significant growth during the forecast period on account of increasing demand for passenger vehicles across the globe coupled with a rise in production capacities of passenger cars and commercial vehicles.
The hose application segment is estimated to expand at a CAGR exceeding 6% from 2018 to 2030 owing to an increase in demand for high-performance automotive hoses that are capable of withstanding extreme temperatures as well as chemical & mechanical agents. These products also have excellent resistance towards wear & tear which further boosts their demand from major segments such as oil & gas and industrial machinery among others.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing automobile production and sales, coupled with rising consumer disposable income levels.
The demand for automotive motors is projected to grow significantly due to increasing industrialization and urbanization, which will propel infrastructure development in emerging economies such as China and India. This will create numerous opportunities for motor iron core manufacturers over the next eight years.
North America accounted for a significant share of global market revenue owing to high demand from tire manufacturing applications across countries such as U.S.
Growth Factors:
- Increasing demand for electric vehicles: The global automotive motor iron core market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for electric vehicles (EVs). This is because EVs require high-power motors with low weight and size, which can be achieved by using an iron core motor.
- Rising disposable income in developing countries: The growth of the automotive motor iron core market is also driven by the rising disposable income in developing countries, as this leads to an increase in consumer spending on automobiles. In addition, there is a growing trend of purchasing luxury cars in these regions, which requires high-powered motors that use an iron core.
- Technological advancements: The development of new technologies has led to the introduction of more powerful and efficient motors that use an iron core. This has helped boost the growth of the automotive motor Iron Core market globally. For instance, permanent magnet synchronous motors (PMSMs) are becoming increasingly popular due to their high power density and efficiency levels compared with other types of electric motors available today.. 4) Stringent emission norms worldwide: Stringent emission norms have been introduced across various countries in order to reduce environmental pollution levels from automobiles .This has resulted in automakers focusing on manufacturing vehicles that comply with these norms ,which requires them touse high-powered engines/motors fitted with Iron Core Motors . 5) Growing popularity o Electric Vehicles :The global Autom
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Motor Iron Core Market Research Report
By Type
Organic Filler, Inorganic Filler
By Application
Footwear, Tires, Hose, Others
By Companies
PPG, Goodyear Rubber Company, Hutchinson, Polymer-Technik Elbe, Elastomix, AirBoss of America, Dongjue Silicone Group, Kraiburg Holding, Dongguan New Orient Technology, Guanlian, American Phoenix, Haiyu Rubber, Katosansho
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Motor Iron Core Market Report Segments:
The global Automotive Motor Iron Core market is segmented on the basis of:
Types
Organic Filler, Inorganic Filler
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Footwear, Tires, Hose, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG
- Goodyear Rubber Company
- Hutchinson
- Polymer-Technik Elbe
- Elastomix
- AirBoss of America
- Dongjue Silicone Group
- Kraiburg Holding
- Dongguan New Orient Technology
- Guanlian
- American Phoenix
- Haiyu Rubber
- Katosansho
Highlights of The Automotive Motor Iron Core Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Filler
- Inorganic Filler
- By Application:
- Footwear
- Tires
- Hose
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Motor Iron Core Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive motor iron core is a metal or alloy cylinder that is used to create the magnetic fields necessary for an electric motor. The core typically has a diameter of around 1 inch and a length of around 6 inches.
Some of the key players operating in the automotive motor iron core market are PPG, Goodyear Rubber Company, Hutchinson, Polymer-Technik Elbe, Elastomix, AirBoss of America, Dongjue Silicone Group, Kraiburg Holding, Dongguan New Orient Technology, Guanlian, American Phoenix, Haiyu Rubber, Katosansho.
The automotive motor iron core market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Motor Iron Core Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Motor Iron Core Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Motor Iron Core Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Motor Iron Core Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Motor Iron Core Market Size & Forecast, 2020-2028
4.5.1 Automotive Motor Iron Core Market Size and Y-o-Y Growth
4.5.2 Automotive Motor Iron Core Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic Filler
5.2.2 Inorganic Filler
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Footwear
6.2.2 Tires
6.2.3 Hose
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Motor Iron Core Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Motor Iron Core Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic Filler
9.6.2 Inorganic Filler
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Footwear
9.10.2 Tires
9.10.3 Hose
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic Filler
10.6.2 Inorganic Filler
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Footwear
10.10.2 Tires
10.10.3 Hose
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic Filler
11.6.2 Inorganic Filler
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Footwear
11.10.2 Tires
11.10.3 Hose
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic Filler
12.6.2 Inorganic Filler
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Footwear
12.10.2 Tires
12.10.3 Hose
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic Filler
13.6.2 Inorganic Filler
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Footwear
13.10.2 Tires
13.10.3 Hose
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Motor Iron Core Market: Competitive Dashboard
14.2 Global Automotive Motor Iron Core Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG
14.3.2 Goodyear Rubber Company
14.3.3 Hutchinson
14.3.4 Polymer-Technik Elbe
14.3.5 Elastomix
14.3.6 AirBoss of America
14.3.7 Dongjue Silicone Group
14.3.8 Kraiburg Holding
14.3.9 Dongguan New Orient Technology
14.3.10 Guanlian
14.3.11 American Phoenix
14.3.12 Haiyu Rubber
14.3.13 Katosansho
