Automotive Cast Iron Cylinder Head Market to Exceed US$ 7,888.85 million by 2028

    Published on 24-Feb-2022
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    Report : Automotive Cast Iron Cylinder Head Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Engine Type (Straight or Inline Engine, V-Type Engine, and Flat Engine) and Vehicle Type (Two Wheelers, Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles)

    According to our latest market study on "Automotive Cast Iron Cylinder Head Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Engine Type, Vehicle Type, and Geography," the market is expected to grow from US$ 5,878.38 million in 2021 and is projected to reach US$ 7,888.85 million by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028.

    Cast iron is known for its versatility and durability, making it a popular material in various applications. It has the ability to withstand normal wear and tear for an extended period of time. In the event of fractures or cuts in the cylinder head, welding, drilling, or pinning can be used to repair it. Cast iron cylinder heads are beneficial to street engines because they can quickly conduct heat and help the engine reach its operating temperature. Moreover, they are less expensive than aluminum cylinder heads, which means that consumers do not have to spend a lot of money to upgrade their engines. The high strength of cast iron cylinder heads in high-valve spring-pressure situations can also lead to longer overall service life for the cylinder head, thereby driving the growth of the automotive cast iron cylinder head market.

    Impact of COVID-19 Pandemic on Global Automotive Cast Iron Cylinder Head Market

    North America is recognized for its rapid adoption of advanced technology, which is facilitated by favorable government policies that encourage innovation and improve infrastructure. Despite facing various hindrances that impede its economic progress, the region's industrial performance remains unaffected. The COVID-19 outbreak has had a significant impact on the US, which is one of the worst-affected countries worldwide. The government has imposed several restrictions on industrial, commercial, and public activities to curb the spread of the disease. Although many industries have had to halt operations, and major manufacturing units have been shut down, the result of the pandemic on the automotive iron cast cylinder head market in North America is minimal due to people's reluctance to return to work floors.

    Key Findings of Study:

    The global market for automotive cast iron cylinder heads is divided into three main segments: engine type, vehicle type, and geography. The engine type segment is further divided into straight or inline engines, V-type engines, and flat engines, with the straight or inline engine segment holding the largest market share in 2020. The vehicle type segment is divided into two-wheelers, passenger cars, light commercial vehicles, and heavy commercial vehicles, with the heavy commercial vehicles segment accounting for the largest market share in 2020. Geographically, the market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM), with North America holding a significant share in the global market in 2020.

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