Market Overview:
The global exhaust manifolds for heavy-duty trucks market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 4.5% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The market is expected to be worth US$ 1,814.4 Mn by 2030 end. The stainless steel segment is anticipated to account for a major share of the global exhaust manifolds for heavy-duty trucks market in terms of revenue during the forecast period. This can be attributed primarily to its properties such as high resistance against corrosion and heat, which make it suitable for use in applications where high temperatures are prevalent. In terms of application, the industrial segment is expected to hold dominant position in the global exhaust manifolds for heavy-duty trucks market throughout the forecast period owing to increasing demand from various industries such as automotive, chemical & petrochemical and food & beverage processing industries across regions.
Product Definition:
An exhaust manifold is a component of an internal combustion engine that collects the exhaust gas from multiple cylinders into one pipe. The manifold is connected to the cylinder head, and the pipe leading to the catalytic converter or diesel particulate filter. Exhaust manifolds are typically made of cast iron, but can also be made of stainless steel.
Stainless Steel:
Stainless steel is a type of metal that has high corrosion resistance and strong magnetic, electrical, and thermal properties. It is used in various industries including automotive & transportation, building & construction, oil & gas chemical processing equipment manufacturing.
Cast Iron:
Cast iron is a type of metal that is obtained from the process of melting cast bars or ingots. It has high thermal and mechanical properties, which make it suitable for various applications in automotive industry. The major application areas include engine block, cylinder heads, brake systems & discs, exhaust manifolds & tailpipes among others.
Application Insights:
The industrial application segment led the global exhaust manifolds for heavy-duty trucks market and accounted for more than 54% of the total revenue share in 2017. The growth can be attributed to increasing demand from industries, such as chemical, paper and pulp, mining and construction. In addition, factors such as growing infrastructure spending by various governments across the globe are likely to boost product demand over the forecast period.
The energy application segment is expected to expand at a CAGR of XX% over the forecast period owing to rising investments in renewable energy projects across various countries including China India U.S.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising investments in manufacturing facilities of various industries, such as food & beverage, automotive, and others. In addition, growing population in countries like India and China is likely to boost product demand from commercial vehicles for carrying goods across cities.
Europe accounted for a significant share of global revenue owing to stringent emission norms implemented by governments across European countries. For instance, according to Euro 6c legislation passed by EU member states in 2015 (Euro6c), all new passenger cars must have a minimum average fuel consumption of 5 liters/100 kilometers regardless of engine size or power rating until September 2019; this norm will apply retroactively for all vehicles already on roads since January 2014 (except those sold before then). This factor is anticipated to drive product demand over the forecast period.
Growth Factors:
- Increasing demand for heavy-duty trucks from transportation and logistics sector
- Rising adoption of exhaust manifolds for heavy-duty trucks in emerging markets
- Technological advancements in exhaust manifolds for heavy-duty trucks
- Growing demand for fuel efficient and low emission vehicles
- Stringent government regulations on emissions from vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Exhaust Manifolds for Heavy-Duty Trucks Market Research Report
By Type
Stainless Steel, Cast Iron
By Application
Industrial, Energy, Other
By Companies
Cadillac Casting, Inc., Aisin World Corp., MetalTek International, CAB Incorporated, Wescast Inc., Cadillac Casting, Inc.
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Exhaust Manifolds for Heavy-Duty Trucks Market Report Segments:
The global Exhaust Manifolds for Heavy-Duty Trucks market is segmented on the basis of:
Types
Stainless Steel, Cast Iron
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
Industrial, Energy, Other
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:
- Cadillac Casting, Inc.
- Aisin World Corp.
- MetalTek International
- CAB Incorporated
- Wescast Inc.
- Cadillac Casting, Inc.
Highlights of The Exhaust Manifolds for Heavy-Duty Trucks 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:
- Stainless Steel
- Cast Iron
- By Application:
- Industrial
- Energy
- Other
- 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 Exhaust Manifolds for Heavy-Duty Trucks 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Exhaust manifolds are typically used on heavy-duty trucks to help expel exhaust gases from the engine.
Some of the major companies in the exhaust manifolds for heavy-duty trucks market are Cadillac Casting, Inc., Aisin World Corp., MetalTek International, CAB Incorporated, Wescast Inc., Cadillac Casting, Inc..
The exhaust manifolds for heavy-duty trucks market is expected to register a CAGR of 4.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Market Size & Forecast, 2018-2028
4.5.1 Exhaust Manifolds for Heavy-Duty Trucks Market Size and Y-o-Y Growth
4.5.2 Exhaust Manifolds for Heavy-Duty Trucks Market Absolute $ Opportunity
Chapter 5 Global Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Cast Iron
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Energy
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Analysis and Forecast
9.1 Introduction
9.2 North America Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Cast Iron
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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Energy
9.10.3 Other
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 Exhaust Manifolds for Heavy-Duty Trucks Analysis and Forecast
10.1 Introduction
10.2 Europe Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Cast Iron
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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Energy
10.10.3 Other
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 Exhaust Manifolds for Heavy-Duty Trucks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Cast Iron
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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Energy
11.10.3 Other
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 Exhaust Manifolds for Heavy-Duty Trucks Analysis and Forecast
12.1 Introduction
12.2 Latin America Exhaust Manifolds for Heavy-Duty Trucks 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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Cast Iron
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 Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Energy
12.10.3 Other
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) Exhaust Manifolds for Heavy-Duty Trucks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Exhaust Manifolds for Heavy-Duty Trucks 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) Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Cast Iron
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) Exhaust Manifolds for Heavy-Duty Trucks Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Energy
13.10.3 Other
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 Exhaust Manifolds for Heavy-Duty Trucks Market: Competitive Dashboard
14.2 Global Exhaust Manifolds for Heavy-Duty Trucks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cadillac Casting, Inc.
14.3.2 Aisin World Corp.
14.3.3 MetalTek International
14.3.4 CAB Incorporated
14.3.5 Wescast Inc.
14.3.6 Cadillac Casting, Inc.
