Market Research Blog

The automotive pump market is expected to witness a significant growth in 2021, thanks to the implementation of various carbon emission norms across various countries. A study by Future Market Insights (FMI) on automotive pump market has forecast it to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% over the forecast years (2021-2031).

The rising passenger vehicle sales will remain a chief growth driver. In terms of vehicle type, passenger vehicle segment is forecast to remain dominant, accounting for over 70% of sales recorded in the market.

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Key Takeaways of Automotive Pump Market Study

• After a period of slow growth amid COVID-19, the automotive pump sales is poised to recover, exhibiting nearly 6% Y-o-Y growth in 2021
• The demand from the U.S. will remain a chief growth driver as the country continues accounting for over 80% of sales registered in North America
• Increasing passenger vehicle production will support growth in the U.K., enabling it to register 3.5% Y-o-Y growth in 2021
• Within Western Europe, Germany, France, and Spain are expected to emerge as key pockets for sales
• While China will continue dominating APEJ on the back of booming vehicle production, the demand from India and South Korea will continue rising at a  positive rate
• Japan will emerge as a highly lucrative market exhibiting positively rising sales through the forecast period

“The increasing demand for environment friendly vehicles aimed at curbing carbon emission is expected to provide an impetus to compact utility vehicle sales. Compact size, low fuel consumption and high performance of compact utility vehicles are key factors boosting their sales. This also will create attractive opportunities for automotive pump sales in the coming years,” said a lead analyst at FMI.

Who is winning?

The automotive pump market is a highly competitive. There is ample focus on innovations, research and developments by market players as they seek gaining competitive advantage. Some of the players are focusing to carve a niche for specific demography. Expansion of electric vehicle market is expected to boost sales of automotive pumps in the coming years. Companies operating in the market are therefore focusing on merger and acquisition to expand their footprint and product portfolio.

For instance:

• In October, Johnson acquired Stackpole International, a prominent engine & transmission pumps and powder metal components supplier.
• In October, Magna International’s powertrain manufacturing unit in Benevento, Italy, completed production of five million oil pumps for the Fiat 1.4-litre engine since 2005

Some of the leading players operating in the market are Delphi Automotive, DENSO Corporation, ZF TRW, Johnson Electric and Continental AG.

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Global Automotive Pump Market by Segments

Category

• Pump
  • Fuel Supply Pump
  • Fuel Injection Pump
  • Transmission Oil Pump
  • Conventional Engine Oil Pump
  • Variable Engine Oil Pump
  • Steering Pump
  • Coolant Pump
  •  Windshield Washer Pump
  • Vacuum Pump
• Sales Channel
  • OEM
  • Aftermarket
• Technology
  • Electric
  • Mechanical
• Vehicle Type
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Two Wheeler

Country

• U.S
• Canada
• Brazil
• Mexico
• Rest of Latin America
• Germany
• Italy
• France
• U.K.
• Spain
• Benelux
• Rest of Western Europe
• Poland
• Russia
• Rest of Eastern Europe
• China
• India
• ASEAN
• Australia and New Zealand
• South Korea
• Rest of APEJ
• South Africa
• Turkey
• Egypt
• Restof MEA
• Japan

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Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Automotive Pump Market

3.2. Product Innovation / Development Trends

4. Key Success Factors
5. Global Automotive Pump Demand Analysis 2016-2020 and Forecast, 2021-2031

5.1. Historical Market Volume (‘000 units) Analysis, 2016-2020

5.2. Current and Future Market Volume (‘000 units) Projections, 2021-2031

5.3. Y-o-Y Growth Trend Analysis

6. Global Automotive Pump – Pricing Analysis

6.1. Regional Pricing Analysis By Pump Type

6.2. Global Average Pricing Analysis Benchmark

Key Questions Answered in the Report

• Which is the most lucrative market for automotive pumps?

China currently leads the automotive pump market. Sales in China will be account for nearly 38% of total demand through 2031.

• Which vehicle type exhibits high demand for automotive pumps?

The passenger car segment is expected to dominate the automotive pump market. The rising sales of passenger cars are driving the growth of this segment.

• What is the growth rate of automotive pump market?

Global automotive pump market is likely to rise at a CAGR of 6.1 % between 2021 and 2031.

• Which are some of the leading companies in the automotive pump market?

Some of the leading companies in the global automotive pump market are Aisin Seiki, Denso Corporation and Delphi Automotive.

• Which vehicle type is driving sales of automotive pump market?

The passenger vehicles are driving sales of automotive pump because they are comparatively economical than commercial vehicles and account for larger share of the total vehicle owning population.

Top Reports Related To Automotive Market Insights

Automotive Head-up Display Market : As per recently updated report by Future Market Insights (FMI), the automotive HUD market valuation is forecast to reach US$ 563 Mn by the end of 2021. The global automotive HUD market is expected to exhibit an impressive 11.5% y-o-y growth owing to high demand for modern safety system and increase in sales of electric vehicle.

Car Security System Market: The car security system market is expected to reach a valuation of US$ 7.60 Billion by 2021, according to the latest insights by Future Market Insights (FMI). The overall sales is expected to grow at a CAGR of 5.8% between 2021 and 2031.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/automotive-pumps-market
Press Release Source: https://www.futuremarketinsights.com/press-release/automotive-pumps-market

Future Market Insights (FMI), in its latest report titled “Compaction Machines Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025”, has projected the global compaction machines market to expand at a steady CAGR of 6.2% in terms of revenue during the forecast period 2015–2025. The compaction machines market is estimated to reach US$ 3,444.3 Mn by the end of 2015, and 6,310.7 Mn by the end of 2025.

Increasing investment in infrastructure development and new road development and maintenance is fuelling demand for compaction machines globally. It is projected that the total investment in infrastructure activities would account between 3.5% and 4% of the global GDP by the end of 2030. Investment in road development and maintenance is forecasted to account for 28% of the total investment made between 2015 and 2025. Furthermore, focus on developing smart cities, runaways, and dams is further expected to boost demand.

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Product-wise, the market is segmented into heavy compaction machine and light compaction machine. Heavy compaction machines are further sub-segmented into single drum roller, heavy tandem roller, and pneumatic roller. Light compaction machines segment, is sub-segmented into light tandem roller, hand operated machines, and trench roller. As far as unit sales are concerned, the light compaction machines segment account for approximately 85% share of the overall market in terms of unit sales, and is likely to dominate the market by the end of 2025, with the rising adoption in footpaths, road, and highway maintenance.

Region-wise, Western Europe and Asia Pacific represented prominent markets for compaction machines globally in 2014. In terms of market value, the compaction machine market in developing countries of Asia Pacific is collectively projected to expand at a CAGR of 7.6%, with major Asian economies such as India and China playing a major role. However, in term of unit sales, Western Europe dominates with more number of unit sales in the light compaction machinery segment. The Asia Pacific region is expected to be the largest compaction machine market in terms of value by 2025 end, followed by Western Europe and North America.

As per the ongoing trend in the market, the intelligent compaction machines with display, sensors and telematics are being included in most of the key players’ product offerings.  Currently, the heavy compaction machinery’s rental penetration and secondary sales market is growing significantly. However, this trend is expected to pose a major challenge for new equipment sales.

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Market segmentation

The next section of the report analyses the market on the basis of products and presents the forecast in terms of value for all the years till 2025. Products covered in the report are as follows:

• Heavy compaction machines
  • Heavy tandem roller
    • 5-8 Tonne
    • 8-11 Tonne
    • > 11 Tonne
  • Single drum roller
    • 3-5 Tonne
    • 5-8 Tonne
    • 8-12 Tonne
    • 12-15 Tonne
    • > 15 Tonne
  • Pneumatic roller
  • Light compaction machines
    • Hand operated machines
      • Rammer
      • Vibratory plates (forward)
      • Vibratory plates ( reverse)
      • Walk behind roller
    • Light tandem roller
      • < 1.8 Tonne
      • 8-3 Tonne
      • 3-5 Tonne
    • Trench roller

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The next section of the report analyses the market on the basis of region and presents the projection in terms of value for the forecast period. The global compaction machine market report covers the following regions:

Key companies in the compaction machines market include XCMG Co. Ltd, Wacker Neuson SE, Terex Corporation, Atlas Copco, Volvo Construction Equipment – Volvo CE, Caterpillar Inc., BOMAG GmbH, Zoomlion Heavy Industries Science and Technology Co Ltd, Wirtgen Group and Sany Heavy Industries Co Ltd. Currently, global players account for over two-thirds of global revenues, however, in the future, new entrants to the market are expected to gain traction.

Top Reports Related To Automotive Market Insights

Aircraft Cabin Interior Market : According to Future Market Insight’s (FMI), the global aircraft cabin interior market is forecast to grow at 2.70% in 2021, overcoming the uncertainty about market recovery and performance during a global pandemic. FMI also predicts that the aircraft cabin interior market will exceed the overall market valuation of US$ 14.5 Bn by the end of 2021.

Electric Scooters Market : Growing environmental concerns, coupled with demand for reduced costs of commute, easy commutation, and emission control are primary factors encouraging the adoption of electronic vehicles across the world. These factors also will enable the electric scooters sales to total US$ 8.8 Bn in 2021.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/compaction-machines-market
Press Release Source: https://www.futuremarketinsights.com/press-release/compaction-machines-market

 Ethylhexyl palmitate is obtained from palm oil lipid, and is used as an organic replacement to silicone. It is also known as octyl palmitate. It is a mild and smoothing ester. It is used in multiple skin products as an ingredient to maintain the thickness of the final product. Ethylhexyl palmitate is used in cosmetic formulations as a shining agent, smoothing agent, and moisturizing agent.

The increasing demand for anti-aging creams, baby oil, moisturizing creams, and various other skin-care products is expected to result in the rapid growth of the ethylhexyl palmitate market during the forecast period. A large number of players are participating in this industry. With the surging demand and growth in the number of manufacturers across the globe, the ethylhexyl palmitate market is heading towards a more competitive level.

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Market growth due to awareness about health, physical appearance, and personal hygiene

Increase in the demand for cosmetic products globally is a major factor driving the ethylhexyl palmitate market. Ethylhexyl palmitate is used in all beauty products as a primary ingredient for making cosmetics. Ethylhexyl palmitate is used in several products such as antiaging creams, baby oil, eye treatment products, bath salts & soaks, facial moisturizers, hair removal wax, foot moisturizers, general skin care, sunscreens, and women’s depilatories. Some of the other factors responsible for the growth of the ethylhexyl palmitate market include increase in awareness regarding the multiple benefits of these beauty products, increasing number health-conscious consumers, and growing interest in personal hygiene & physical appearance.

Increasing urbanization is also an important factor boosting the ethylhexyl palmitate market. Consumers using cosmetic products are likely to suffer from adverse reactions, allergies, infections, etc. Hence, people nowadays prefer organic, natural, and herbal products. The usage of ethylhexyl palmitate in cosmetics is totally safe, as it does not cause any reactions or infections. The Cosmetic Ingredient Review (CIR) concluded that ethylhexyl palmitate can be used as a safe cosmetic ingredient. As it is a natural and safe ingredient, the demand for ethylhexyl palmitate is rising.

Other major factors driving the ethylhexyl palmitate market are changing lifestyle, peer pressure for opting for new and innovative beauty products & cosmetics, air pollution, changing climate conditions, and rising & dipping temperatures in various developed and developing countries across the globe. Improving economic conditions in developing countries is another factor boosting the ethylhexyl palmitate market. American and European companies can enter the Asia Pacific market as several skin products and cosmetics are not available in the Asia Pacific countries. Moreover, attractive packaging is another factor that is increasing the demand for ethylhexyl palmitate.

In addition, the availability of advanced beauty treatments is a threat to the ethylhexyl palmitate market, as it is likely to reduce the interest of customers in ethylhexyl palmitate-based products.

Ethylhexyl palmitate Market: Regional Analysis

North America and Europe are developing as well as using advanced technology for the production of cosmetics. They are launching innovative and new cosmetic products often, hence, the demand for ethylhexyl palmitate in the North America and Europe regions is growing rapidly, as it is an important ingredient in cosmetic production. Moreover, there has been a shift in the preference of consumers toward herbal, organic, and natural products, especially in the U.S and European countries, because they suffer from allergies and infections due to the use of chemical ingredients in skin care products. The demand for cosmetics is growing rapidly in the Asian Pacific countries because of online shopping as well as increasing economic conditions & increasing urbanization. Moreover, the demand for ethylhexyl palmitate is on the rise in countries of the Asia Pacific region, especially Japan, India, and China.

Ethylhexyl Palmitate Market: Key Participants

Some of the key participants of the global ethylhexyl palmitate market are:

• BOC Sciences
• Bruchem, Inc.
• Trivent Chemicals
• Esters and solvents LLP
• Universal Preserve-A-Chem Inc.
• Making Cosmetics
• Acme Hardesty
• Parchem
• Esters and Solvents LLP
• Qingzhou Ailitong Chemicals Co, Ltd.
• Shanghai Smart Chemicals Co. Ltd.
• Hanianzhongxin Chemicals Co, Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

The report covers exhaustive analysis on:

• Ethylhexyl Palmitate Market Segments
• Ethylhexyl Palmitate Market Dynamics
• Ethylhexyl Palmitate Market Size
• Ethylhexyl Palmitate Supply and Demand
• Current Trends/Issues/Challenges Pertaining to Ethylhexyl Palmitate Market
• Competition Landscape and Emerging Market Participants in Ethylhexyl Palmitate Market
• Technology related to Production/Processing of Ethylhexyl Palmitate
• Value Chain Analysis of the Ethylhexyl Palmitate Market

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies

Ethylhexyl Palmitate Market Segmentation:

The ethylhexyl palmitate market can be segmented on the basis of product origin, end use, property, and packaging.

On the basis of product origin, the ethylhexyl palmitate market can be segmented as:

• Plant
• Animal

On the basis of product end use, the ethylhexyl palmitate market can be segmented as:

• Anti-aging creams
• Baby Oil
• Bath Salts and Soaks
• Eye Treatment Products
• Facial Moisturizers
• Hair Removal Waxes
• Foot Moisturizers
• General Skin Care
• Sunscreens
• Women’s Depilatories

On the basis of product packaging, the ethylhexyl palmitate market can be segmented as:

• Drum
• Pail

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Report Highlights:

• Detailed overview of parent market
• Changing dynamics of the market
• In-depth market segmentation and analysis
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on decorations and inclusions market performance
• Must-have information for decorations and inclusions market players to sustain and enhance their market footprint

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com