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Automotive Engine Ring Market Huge Growth Opportunity by 2027

May 13th 2020 at 8:52 AM

Automotive Engine Ring: Introduction

  • Engine rings are expandable rings that provide a seal between the piston and cylinder wall. Engine rings are generally made of cast iron, which possess elasticity that enables them to regains their original size and shape after removal of load.
  • Engine rings generally seal the combustion chamber in an engine cylinder, where the gases are compressed at high pressure. These rings help conduct the heat from the piston to the cylinder wall and return oil to the crankcase. Engine rings may vary in size and dimensions depending on engine design and cylinder material.

Key Drivers of Automotive Engine Ring Market

  • Engine rings transfers the heat generated in the combustion chamber to the cylinder walls, which comprises approximately 70% of the total heat generated in the engine. The National Highway Traffic Safety Administration USA mandates automotive manufacturers to increase the fuel efficiency of their vehicles. Engine rings can withstand at high temperature and pressure of combustion gases.
  • Rise in demand for lightweight engines is estimated to play key role in the engine rings market. Light weight engines entails reduction in the size of the components including piston, engine rings, and cylinder head. Pistons of aluminum alloy and engine rings of stainless steel contribute significantly toward reducing the weight of the engine.
  • Engine rings seal the combustion chamber from the cylinder wall, which also prevents the oil from entering into the cylinder wall. If the oil flows into the cylinder wall, it will mix with the burnt gases, which in turn would increase the emission of gases including Nitrogen oxide (NOX), Carbon Monoxide (CO) causing air pollution. Thus, engine rings help minimize air pollution. This results in optimal fuel consumption, which in turn is estimated to boost the engine rings market.

For Right Perspective & Competitive Insights on Automotive Engine Ring Market, Request for a Sample

Asia Pacific to Hold Significant Share of Global Automotive Engine Ring Market

  • The vehicle market in Asia Pacific witnessed significant expansion, around 86 million cars were sold, globally, in 2018. China accounts for nearly 30% of global vehicles sales India is the fourth-largest car market in the world, which was finally able to outsell Germany.
  • Engine rings market have significant growth in two wheeler market, two wheeler uses lightweight engines thus will boost engine rings market. In 2018, two wheeler total sales is about 62 million, which was 1.8% higher than the previous year. Asia Pacific includes countries such as India, China, Indonesia, and Vietnam, which witnessed significant increase in sales of 2-wheelers as well as passenger and commercial vehicles. All the factors mentioned above are projected to propel the engine rings market.
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