Piston Ring Market| COVID-19 Impact, Competitive Dynamics, Size, Share and Global Outlook by forecast 2023

Summary

Global Piston Ring Market Information by Material (Steel, Aluminum), By Coating (Thermal Barrier, Oil Shedding, Dry Film Lubricating, Others), By Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle) and By Region - Forecast to 2022

Piston Ring Market Highlight

On the turnover, the factor of the emergence of electric vehicles, which do not require pistons could be the factor of restraint to the growth of the market during the assessment period.

Key Players

The well-known players of the global Piston Ring Market are listed as

Burgess-Norton Mfg. Co., Inc. (U.S.)

Federal-Mogul Corporation (U.S.)

Aisin Seiki Co., Ltd. (Japan)

Arias Pistons Ltd (U.K.)

Ming Shun Industrial Co. Ltd (Taiwan)

MAHLE GmbH (Germany)

Rheinmetall Automotive AG (Germany)

Ross Racing Pistons (U.S.)

Segmentation

To comprehend the market’s dynamics, it has been segmented by the elements of materials, coating, and vehicle type.

In terms of materials: Aluminum and steel are the segments.

In terms of coating: Dry film lubricating, oil shedding, thermal barrier are the segments.

In concern with vehicle type: Light commercial vehicles, heavy commercial vehicles and passenger cars are the segments.

Top Regional Drivers

Regionally, the global Piston Ring Market has been studied among the main regions of APAC, Europe, North America, and the Rest of the world.

Europe is counted to be the second-largest market for the automotive piston since 2016. But, the region is expected to perceive sensible growth in the near future due to high market saturation. The countries such as France, UK and Germany might lead the overall demand for this regional automotive Piston Ring Market.

Whereas, North America is also a foremost market for the automotive piston in support of the surge in sales for light commercial vehicles over time.

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