The automotive engine cover market size was estimated at US$ 1,077.7 million in 2016 and is likely to grow at a CAGR of 3.2% during 2017-2022 to reach US$ 1,292.5 million in 2022.
Market Drivers:
The key factors driving the market are organic growth in the automobile production owing to increasing disposable income and growing urbanization; an advancement in the engine cover technology; and increasing demand for lightweight engine covers driven by the stringent government regulations, such as CAFÉ Standards.