Rise in Vehicle Production Expected to Drive World Tailpipe Market over the Forecast Period: Ken Research

Posted November 11, 2019 by Anita1111

The industry report lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market.
Tailpipe is a part of an exhaust system. It is an exit point of exhaust system, used to transmit or carry different noxious & toxic gases away from the users of the vehicle. It is manufactured using different metals for instance zinc-plated heavy gauzed steel, aluminized steel or stainless steel. The exhaust gases are generally very hot, but tailpipe does not spoiled by heat due to its heat resistant and durable properties. Various tailpipes have a small resonator inside, which can decrease the noise. A chic tailpipe increases the beauty of automobiles.
According to study, “World Tailpipe Market Research Report 2024(Covering USA, Europe, China, Japan, SEA and India)” the key companies operating in the world tailpipe market are Tenneco Inc., AMG, Faurecia SA, Breitinger, REMUS, SANGO Co. Ltd., Milltek Sport, Eberspacher GmbH & Co. Ltd., Tajco Group, Sankei, AP Exhaust, Magna Flow, TRUST, Kreiieg, BORLA, Ningbo Siming, Shanghai Baolong, Shandong Xinyi, Shenyang SWAT, Huzhou Xingxing, Wenzhou Yongchang, Ningbo NTC, Futaba Industrial Co. Ltd., Qingdao Greatwall, Guangdong HCF, Dongfeng. Key manufacturers are focusing on increasing their manufacture for meeting the growing need of these systems.
Based on product type, tailpipe market is segmented into single tailpipe and double tailpipe. Based on vehicle type, market is segmented into heavy commercial vehicles (HCV), light commercial vehicles (LCV), and passenger vehicles. Based on fuel type, market is segmented into diesel and gasoline. Based on after treatment device, market is segmented into Diesel Particulate Filter (DPF), Diesel Oxidation Catalyst (DOC), Selective Catalytic Reduction (SCR) and Lean Nox Trap (LNT). Based on off-highway vehicle, market is segmented into construction equipment and agriculture tractor. Based on channel type, market is segmented into aftermarket and original equipment manufacturer (OEM). In addition, based on application, market is segmented into large displacement cars and low emiion cars.
The tailpipe market is driven by growth in vehicle production, followed by rise in automotive exhaust system manufacturing, increase in awareness of people regarding the environmental hazards, rise in technical advancements, growth in urbanization & rise in disposable income, and increase in research & development (R&D) activities. Additionally, increase in adoption of technologies to manufacture efficient tailpipes can offer several benefits for instance improved fuel consumption and reduced carbon dioxide emissions. However, high cost of lightweight exhaust components, increase in sales of Battery Electric Vehicles (BEVs), high CO2 emissions, rise in fuel prices and global harmonization of emission regulations may impact the market. Moreover, advanced exhaust heat recovery systems, introduction of Real Drive Emission (RDE) tests and increase in use of gasoline particulate filter (GPF) are key opportunities for market.
Based on geography, China, Japan and India countries hold major share in tailpipe market owing to favorable work conditions, high demand for passenger & commercial vehicles and easy availability of cheap labor in the countries. Europe and USA are also expected to witness higher growth rate due to rise in availability of low sulfur diesel, stringent government regulations and advancements in diesel technologies over the forecast period. It is anticipated that the market will be reached at fast pace on account of advancement in material technology during the forecast period.
To know more, click on the link below:-
Related Reports:-
Global Car Tailpipe Market Analysis 2013-2018 and Forecast 2019-2024
Passenger Vehicle Tailpipe Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)
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Issued By Ken Research
Country India
Categories Marketing
Tags global tailpipe market forecast , global tailpipe market revenue , global tailpipe market trend
Last Updated November 11, 2019