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Summary Piston Ring Market Growth, High CAGR, Research Report and Industry Forecast to 2022 | 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 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.) Shandong BinzhouBohai Piston Co., Ltd. (China), and Shriram Pistons and Rings Ltd. (India). 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. As per the study, the Asia Pacific region is notable for expanding in support of the rising number of vehicles that are being manufactured in developing nations. India and China are leading in the
manufacturing number for vehicles. Apart from this, the mounting per capita income of the individuals in the region is also being causative and therefore leading to the implementation of high-end automobiles, thus resulting in growing usage of pistons. With this, too, the prevalence of key automobile manufacturers in the region is also adding to the development of the Piston Ring Market of the Asia Pacific region. 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. Table Of Content 1 Executive Summary 2 Research Methodology 2.1 Scope Of The Study 2.1.1 Definition 2.1.2 Research Objective 2.1.3 Assumptions 2.1.4 Limitations 2.2 Research Process 2.2.1 Primary Research 2.2.2 Secondary Research 2.3 Market Size Estimation 2.4 Forecast Model 3 Market Dynamics 3.1 Market Drivers 3.2 Market Inhibitors 3.3 Supply/Value Chain Analysis 3.4 Porter’s Five Forces Analysis 4 Global Piston Market, By Material 4.1 Introduction 4.2 Steel 4.3 Aluminum Glass Continues….
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