Category: Blogs

Automotive Heat Shield Market to Surpass US$ 10.3 Bn by 2030 Automotive sales have taken a hit during the coronavirus (COVID-19) pandemic. The automotive industry is undergoing supply shocks, since OEMs have temporarily shut down their production activities. This has directly affected business practices in the automotive heat shield market, as the demand for vehicles is experiencing a downtrend. However, automotive sales are anticipated to rise by the end of 2020 as COVID-19 subsides in almost all countries. Heat shield manufacturers are adopting robust contingency plans and taking a comprehensive approach to tackle the global economic crisis.