Automotive Heat Shield Market Outlook Strengthened by Hybrid Vehicle Penetration
The global automotive heat shield market, valued at USD 11.32 billion in 2024, is projected for steady but modest growth, reaching USD 13.59 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 2.25% during the forecast period from 2025 to 2032. This growth is being influenced by the need to manage heat in modern vehicles, which is driven by factors like stricter...
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