Expanding Automotive Exhaust Manifold Market Expected to Reach USD 11,219.6 Million by 2026, Growing at a CAGR of 3.7% | FMI Reports – FMIBlog

According to the 2022 automotive exhaust manifold market analysis report, the current market valuation stands at approximately USD 9,693.3 million. The global automotive exhaust manifold market is projected to grow at an annual rate of 3.7% through 2026, reaching an estimated value of USD 11,219.6 million by the end of the forecast period, as reported by Future Market Insights (FMI).

The exhaust manifold is a vital component of automotive exhaust systems, designed to prevent harmful fumes from entering the vehicle’s cabin. The market is expected to experience significant growth, driven by attributes such as lightweight construction, high strength, and load capacity. Additionally, the strong corrosion and impact resistance of these manifolds enhances the performance of vehicles.

A key driver of market growth is the rising demand for alternative fuel vehicles, including hybrid and electric automobiles, which offer greater fuel efficiency than traditional vehicles. This trend is supported by both manufacturers and regulatory authorities.

However, market growth may be tempered by rising fuel costs and an increasing preference for alternative technologies, potentially leading to a decline in certain applications and sales of automotive exhaust manifolds in the near future.

Regions such as China, India, and ASEAN countries are expected to spearhead growth in the automotive timing chain and belt market, fueled by the expanding auto industry in these areas. As vehicle sales continue to rise in the Asia-Pacific region (excluding Japan), the demand for automotive timing chains and belts is anticipated to increase significantly over the next decade.

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Key Takeaways from Automotive Exhaust Manifold Market Study

Competitive Landscape for the Global Automotive Exhaust Manifold Market

Some of the well-known automotive exhaust manifold market players are Faurecia SA, Tenneco Inc., Eberspächer Climate Control Systems GmbH & Co. KG, Futaba Industrial Co. Ltd, Katcon, S.A. De C.V., Benteler Group, Sango Group, Friedrich Boysen GmbH & Co. KG., Sejong Industrial Co. Ltd., Westcast Industries Inc., Yutaka Giken Company Limited, DuPont, Mahle GmbH, Denso Corporation, and SPM Autocomp Systems among others.

Numerous new manufacturers have arisen in the global marketplace, mainly in China and India. The frequency of mergers and business expansion to enhance automotive exhaust manifold market trends has increased during the past several years. Several large corporations are also attempting to boost the effectiveness of exhaust manifolds for different types of automobiles.

Recent Developments in the Global Automotive Exhaust Manifold Market:

2018 October 1: Faurecia S.A. engaged established a joint venture for the production of all emissions control system components with Liuzhou Wuling Automobile Industry Co., Ltd., which is China’s top producer of automotive components.

Global Automotive Exhaust Manifold Market by Category

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