Automotive Exhaust Manifold Market is anticipated to witness a considerable CAGR of 3.7% during period of 2022 and 2026

With a key focus on the development of new technologies, in line with stringent government regulations aimed at emission control, the demand for efficient automotive exhaust manifold systems is estimated to grow at a rather modest rate, in 2019, as indicated by Future Market Insights (FMI) in a recently published market intelligence report. As per the analysis, the global sales of automotive exhaust manifold systems is estimated to be valued at US$ 8.6 Billion, by the end of 2019, representing an annual growth rate of approximately 3.5 percent, during the said period.

Future Market Insights (FMI) has forecasted the global automotive exhaust manifold market to grow with a year on year growth of 3.8% in 2022 reaching a value of about US$ 9.7 Bn by 2022 end. The exhaust manifold is an important part of automotive exhaust systems as it keeps hazardous exhaust fumes out of the vehicle and away from the occupants. The global market is anticipated to witness a considerable CAGR of 3.7% during the period of 2022 and 2026.

Apart from comprehensively studying the key dynamics shaping the growth trajectory of the global automotive exhaust manifold market, FMI study also offers in-depth segmental analysis, under several categories including material, product, engine, vehicles, fuel, and sales channel.

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Demand for clean and efficient transportation is increasing, given the environmental concerns, stringent regulations regarding carbon emissions and footprint reduction initiatives taken by several governments, globally, will predominantly drive the sales of automotive exhaust manifold systems, in the coming years, predicts FMI.

Material Advancements for Strong, Durable Automotive Exhaust Manifold Systems

Top companies operating on the global automotive exhaust manifold systems market are increasingly developing efficient, durable, and long-lasting exhaust systems for a better load bearing capacity of the engines. Advancements in science technologies (for materials) in manufacturing industries have allowed players to use newly developed materials such as alloys of stainless steel, making exhaust manifolds durable and robust under extreme pressure and temperature conditions, apart from making the vehicles much lighter.

In addition, companies are also innovating novel exhaust system technologies, in agreement with government regulations such as Euro 6C, China National Standard V and VI, Bharat Stage VI. FMI anticipates significant innovations in the automotive exhaust manifold systems market in view of such emission regulations.

Key Takeaways from Segmental Analysis

• In terms of materials, automotive exhaust manifold systems made of cast iron will gain a significant market share of approximately 64 percent, through the forecast period of 2018-2026, given the material’s contamination resistance, thermal stability and the strength needed for consistently high levels of performance and durability in several automotive application.
• However, stainless steel will gain a substantial market share, post 2022, as favorable properties such as corrosion resistance, good strength and aesthetics gain high preference.
• On the basis of vehicle type, the passenger car segment will exhibit maximum adoption of exhaust manifold systems, holding more than three-fourth of the market value share by 2026.
• In term of product type, log manifold will dominate the automotive exhaust manifold systems landscape, with approximately 85 percent market share, given the product’s longer life and efficient operations in real time working conditions.
• With nearly 88 percent market share, inline engines will exhibit maximum installations of exhaust manifold systems, given the engine’s balance compared to V line counterpart because of the equal weight distribution.
• Sales of automotive exhaust manifold systems, through OEM channel will contribute the maximum revenue, versus aftermarket fitments.
• APEJ is projected to hold a notable share in the global automotive exhaust manifold systems market, given the increasing investments by car manufacturers in developing markets and an ever-expanding urban landscape in the region.
• Eastern Europe automotive exhaust manifold systems market is also likely to witness substantial growth, with Germany and France at the fore.

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Overview of Automotive Exhaust Manifold Market Structure

The global Automotive Exhaust Manifold market is a highly consolidated one with major players such as Tenneco Inc., Faurecia SA, Katcon, S.A. De C.V., Bentler Group, Eberspächer Climate Control Systems GmbH & Co. KG, Futaba Industrial Co. Ltd, Sango Group, Friedrich Boysen GmbH & Co. KG., Sejong Industrial Co. Ltd., Westcast Industries Inc. and Yutaka Giken Company Limited accounting for significant share of the global Automotive Exhaust Manifold market.

Automotive Exhaust Manifold Market Segmentation

Sales Channel

• OEM
• After Market

By Material

• Cast Iron
• Stainless Steel

By Product Type

• Log Manifold
• Tubular Manifold

Engine Type

• Inline
• V Line

Vehicle Type

• Passenger Car
• LCV
• HCV

Fuel Type

• Passenger Car
• LCV
• HCV