Automotive Cylinder Liner Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 5.40 Billion |
| Market Size (2029) | USD 7.52 Billion |
| CAGR (2024 - 2029) | 6.87 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Asia-Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Automotive Cylinder Liner Market Analysis
The Automotive Cylinder Liner Market size is estimated at USD 5.40 billion in 2024, and is expected to reach USD 7.52 billion by 2029, growing at a CAGR of 6.87% during the forecast period (2024-2029).
The rising sales of commercial vehicles and increasing vehicle parc globally serve as major determinants for the growth of the automotive industry across the world, which, in turn, is positively impacting the demand for automotive cylinder liners. Commercial vehicle growth is primarily influenced by the expansion of e-commerce and the increasing use of commercial vehicles for transportation. Aside from that, rising industrialization and infrastructure development, which support advancement and development in the automotive industry, are driving market growth for commercial vehicles.
According to the International Organization of Motor Vehicle Manufacturers, the global sales of new commercial vehicles touched 24.1 million units in 2022.
Furthermore, rising demand for hydrogen electric commercial vehicles across major regions is pushing cylinder liner manufacturers to develop advanced technology. Several key players are introducing cylinder liner technology for hydrogen-electric trucks, boosting market growth. Vehicle scrappage programs and stringent regulatory norms for vehicle length and loading limits, among other parameters, are also expected to drive the growth of the market.
Asia-Pacific is expected to dominate the consumption of automotive cylinder liners, owing to the increased potential of the automotive industry in India and China. Many countries across the world, such as the United States, source their raw materials and engine components from China, Japan, and other economies to assemble them under complete engine chambers. With rising automotive sales and production, the region's demand for cylinder liners is expected to remain high.
Automotive Cylinder Liner Market Trends
The Passenger Car Segment of the Market to Gain Traction During the Forecast Period
Passenger cars are the most common form of transport in emerging countries. The number of passenger cars is increasing in developing countries with the rise in per capita income, and such factors are likely to impact the automotive cylinder liner market positively. Emerging countries, such as India, are looking for better fuels, like ethanol, for their passenger cars, which may positively impact the market growth.
For instance, in August 2023, Toyota Innova became the world's first flexible fuel vehicle that can run entirely on ethanol. Toyota Motor is projected to become the first automaker in the world to introduce cars powered by 100% ethanol. In August 2023, the Union Minister of India launched a vehicle based on Toyota's most popular passenger car, Innova. Innova became the first model in the world to feature a Bharat Phase VI vehicle with a flexible fuel electric certificate. The launch came a year after the Japanese auto giant introduced Mirai, which uses hydrogen fuel cells.
Increasing emission regulations, penetration of electric vehicles, and lack of fossil fuel reserves due to the toxic impact of internal combustion engine (ICE) vehicles on the environment could challenge the growth of the market. However, in emerging countries, there needs to be more infrastructure for electric vehicles, and charging facilities are expected to facilitate the expansion of the internal combustion engine market during the forecast period. According to the International Organization of Motor Vehicle Manufacturers (OICA), global new passenger car sales touched 57.4 million in 2022, recording a Y-o-Y growth of 1.9% compared to 2021. Countries such as South Africa and Thailand recorded 19.5% and 10.0% Y-o-Y growth, respectively, in new passenger car sales in 2022 compared to the previous year.
The rising urbanization rate and the shifting preference of consumers toward availing private transportation mediums are anticipated to drive the automotive industry across the world, which, in turn, is expected to drive the demand for the advanced automotive cylinder liner market. According to the World Bank, the urbanization rate in India stood at 36% in 2022, compared to 34% in 2018. As more consumers migrate to urban areas in developing nations, there will be a preference for personal mobility, which, in turn, may lead to the growth of the automotive cylinder liner market across the world.
Asia-Pacific to Hold the Largest Market Share During Forecast Period
The Asia-Pacific automotive cylinder liner market is witnessing elevated sales of cylinder liner products owing to the expanding auto sector of China and India. Both countries are fuelling vehicle sales, generating significant engine demand.
India is one of the major automobile exporters in the region, and strong export growth is expected shortly, seeing its present mobility expansion projects. Furthermore, favorable initiatives by the Indian government to support the automotive industry and the presence of major automakers in its market are assisting in developing the country into one of the major automobile exporters. The automotive industry in the country received a cumulative FDI inflow of approximately USD 33.77 billion between April 2000 and September 2022. The government expects to double the size of the automotive industry to USD 18 billion by 2024. Furthermore, China holds the dominant hand in Asia-Pacific in terms of auto industry throughput and engine production.
In 2022, the total number of vehicles sold in China stood at 26.8 million units, compared to 26.27 million units in 2021, registering a year-on-year growth of 2.2%. The region is witnessing extended investment, expansion, and development, proliferated by key engine manufacturers and original equipment manufacturers (OEMs). This is expected to mitigate the demand for cylinder liners over the forecast period.
For instance, in March 2022, Harbin Dongan Auto Engine Co. Ltd unveiled its investment plan for 2022 for building a production line for high-efficiency extended-range engines, which was expected to involve machining center, marking machines, tightening machines, gluing machines, and other equipment. The project was planned to be jointly maintained by Harbin Dongan Automotive Engine Manufacturing Co. Ltd, the subsidiary of Harbin Dongan Auto Engine, with a total investment of CNY 72.33 million (USD 10.85 million).
Therefore, with the region's expanding passenger car and commercial vehicle industry, the demand for the automotive cylinder liner market will showcase a rapid surge in the coming years. However, shifting the government's focus to promote the adoption of electric vehicles could act as a major deterrent to the growth of these products in the long run in Asia-Pacific. However, a competitive shift toward electrification of vehicle fleets in the short run is a major challenge for these governments. Therefore, the demand for automotive cylinder liners is expected to remain strong during the forecast period.
Automotive Cylinder Liner Industry Overview
The automotive cylinder liner market exhibits moderate fragmentation, with a mix of organized and unorganized players shaping the industry landscape. Among the key contenders in the cylinder liner market, notable players include Mahle GmBH, Tenneco Inc., TPR Co. Ltd, Nippon Piston Ring Co. Ltd, and ZYNP. Significant manufacturers are channeling substantial investments into the research and development of automotive cylinder liners to enhance profitability and product efficiency.
To mitigate the risks associated with raw material procurement, companies have adopted a proactive approach, maintaining extended relationships with their primary raw material suppliers. This strategy has proven successful in ensuring a consistent and uninterrupted supply of materials necessary for cylinder liner production.
October 2022: Rheinmetall AG's Castings business unit, a joint venture between Rheinmetall and HUAYU Automotive Systems Co. Ltd, secured a significant order to supply a V8 engine block to a renowned English sports car manufacturer. Notably, the V8 engines boast an impressive horsepower output, approaching four figures.
April 2022: Toyota Motor North America disclosed its intention to invest USD 383 million in four US-based plants. This investment is aimed at preparing to produce a new four-cylinder engine variant tailored for hybrid and conventional powertrains. The scope of engine production encompasses end-to-end assembly, encompassing engine heads, liners, and various other components.
Automotive Cylinder Liner Market Leaders
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Mahle GmbH
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Tenneco Inc.
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TPR Co. Ltd.
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ZYNP International Corporation
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Nippon Piston Ring Co. Ltd
*Disclaimer: Major Players sorted in no particular order
Automotive Cylinder Liner Market News
- September 2022: Mahle GmbH (Mahle) unveiled its CO2-neutral powertrain technologies for commercial vehicles during the IAA Transportation event in Hanover, Germany. The presentation included the introduction of a novel power cell unit that comprises pistons, piston rings, conrods, pins, a cylinder liner, and a high-pressure impactor designed for crankcase flushing.
- February 2022: Cummins Inc. announced the expansion of its leading powertrain platforms to encompass a diverse range of lower-carbon fuel options. These expanded platforms will also incorporate shared architectures for engine blocks and other essential components, resulting in tailored solutions aimed at enhancing fuel efficiency.
- February 2022: Tenneco Inc. disclosed plans for a merger with Pegasus Merger Co., a wholly-owned subsidiary of Pegasus Holdings III LLC. This merger was intended to increase Tenneco Inc.'s ownership stake in Federal-Mogul India, a company specializing in the production of cylinder liners, pistons, piston rings, and various other products. Following the merger of Pegasus Merger Co. and Tenneco Inc., Pegasus Holdings announced that it would hold a 74.98% stake in Federal-Mogul India.
Automotive Cylinder Liner Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.1.1 Rising Sales of Commercial Vehicles
4.1.2 Others
4.2 Market Restraints
4.2.1 Rapid Adoption of Electric Vehicles
4.2.2 Others
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size in Value - USD)
5.1 By Material Type
5.1.1 Cast Iron
5.1.2 Stainless Steel
5.1.3 Aluminum
5.1.4 Titanium
5.2 By Fuel Type
5.2.1 Gasoline
5.2.2 Diesel
5.3 By Contact
5.3.1 Wet Cylinder Liner
5.3.2 Dry Cylinder Liner
5.4 By Vehicle Type
5.4.1 Passenger Cars
5.4.2 Light Commerical Vehicles
5.4.3 Medium and Heavy-duty Commercial Vehicles
5.5 By Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Rest of North America
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Spain
5.5.2.5 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 India
5.5.3.2 China
5.5.3.3 Japan
5.5.3.4 South Korea
5.5.3.5 Rest of Asia-Pacific
5.5.4 Latin America
5.5.4.1 Mexico
5.5.4.2 Brazil
5.5.4.3 Argentina
5.5.4.4 Rest of Latin America
5.5.5 Middle East and Africa
5.5.5.1 United Arab Emirates
5.5.5.2 Saudi Arabia
5.5.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles*
6.2.1 Mahle GmbH
6.2.2 Tenneco Inc.
6.2.3 GKN Zhongyuan Cylinder Liner Company Limited
6.2.4 Melling Cylinder Sleeves
6.2.5 TPR Co. Ltd
6.2.6 Westwood Cylinder Liners Ltd
6.2.7 Darton International Inc.
6.2.8 ZYNP International Corporation
6.2.9 Laystall Engineering Co. Ltd
6.2.10 India Pistons Ltd
6.2.11 Nippon Piston Ring Co. Ltd
6.2.12 Motordetal
6.2.13 Kusalava International
6.2.14 Cooper Corp.
6.2.15 Yoosung Enterprise Co. Ltd
6.2.16 Yangzhou Wutingqiao Cylinder Liner Co. Ltd
6.2.17 Chengdu Galaxy Power Co. Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Adoption of Hybrid Liners
Automotive Cylinder Liner Industry Segmentation
A cylinder liner is a part of the engine assembly that is fitted to the engine block to form the cylinder. In addition, the liner plays a pivotal role in providing smoothness to the reciprocating surface during engine operation.
The automotive cylinder liner market is segmented by material type, fuel type, contact, vehicle type, engine capacity, and geography. By material type, the market is segmented into cast iron, stainless steel, aluminum, and titanium. By fuel type, the market is segmented into gasoline and diesel. By contact, the market is segmented into wet cylinder liners and dry cylinder liners. By vehicle type, the market is segmented into passenger cars, light commercial vehicles, and medium and heavy-duty commercial vehicles. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
The report offers the market sizes and forecasts in terms of value (USD) for all the above-mentioned segments.
| By Material Type | |
| Cast Iron | |
| Stainless Steel | |
| Aluminum | |
| Titanium |
| By Fuel Type | |
| Gasoline | |
| Diesel |
| By Contact | |
| Wet Cylinder Liner | |
| Dry Cylinder Liner |
| By Vehicle Type | |
| Passenger Cars | |
| Light Commerical Vehicles | |
| Medium and Heavy-duty Commercial Vehicles |
| By Geography | |||||||
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Automotive Cylinder Liner Market Research FAQs
How big is the Automotive Cylinder Liner Market?
The Automotive Cylinder Liner Market size is expected to reach USD 5.40 billion in 2024 and grow at a CAGR of 6.87% to reach USD 7.52 billion by 2029.
What is the current Automotive Cylinder Liner Market size?
In 2024, the Automotive Cylinder Liner Market size is expected to reach USD 5.40 billion.
Who are the key players in Automotive Cylinder Liner Market?
Mahle GmbH, Tenneco Inc., TPR Co. Ltd., ZYNP International Corporation and Nippon Piston Ring Co. Ltd are the major companies operating in the Automotive Cylinder Liner Market.
Which is the fastest growing region in Automotive Cylinder Liner Market?
Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Automotive Cylinder Liner Market?
In 2024, the Asia-Pacific accounts for the largest market share in Automotive Cylinder Liner Market.
What years does this Automotive Cylinder Liner Market cover, and what was the market size in 2023?
In 2023, the Automotive Cylinder Liner Market size was estimated at USD 5.03 billion. The report covers the Automotive Cylinder Liner Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Cylinder Liner Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cylinder Liner Dry and Wet Industry Report
The Automotive Cylinder Liner Market Report provides an in-depth industry analysis, focusing on various segments such as material, fuel type, and contact. The report offers a comprehensive market overview, detailing the market size, market growth, and market segmentation across different regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The industry research highlights the market forecast outlook, emphasizing the market trends and market value. The report includes industry reports that cover industry statistics and industry sales, providing valuable market data for stakeholders. The market review also examines the market leaders and their impact on the market outlook.
The report example provided as a free report PDF download offers an industry outlook that includes market predictions and growth rate analysis. The market analysis covers both wet and dry cylinder liners, with insights into their market share and revenue growth rate. The industry information and industry size are detailed, ensuring a thorough understanding of the market dynamics.
Overall, this report serves as a critical resource for research companies and industry stakeholders, offering a detailed market forecast and industry trends. The report's comprehensive approach ensures that all relevant market aspects are covered, making it an essential tool for understanding the automotive cylinder liner market.
Automotive Cylinder Liner Market Report Snapshots
