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Home›Geo data›Market size of piston rings valued at $ 2,254.11 million,

Market size of piston rings valued at $ 2,254.11 million,

By Lewis Dunn
November 1, 2021
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Jersey City, New Jersey, November 01, 2021 (GLOBE NEWSWIRE) – Verified market research recently published a report, “Piston Rings Market”By product (gray iron, ductile iron, SAE 9254 steel, stainless steel), by application (automotive, passenger cars, sports cars, two-wheelers) and by geography. According to Verified Market Research, the global piston rings market size was valued at $ 1,833.96 million in 2020 and is expected to reach $ 2,254.11 million by 2028, with a CAGR of 3.69% from 2021 to 2028.

Download the PDF brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=19951

Browse the table of contents in depth to “Piston Rings Market“

202 – Slips

126 – Tables

37 – Figures

Overview of the Global Piston Rings Market

Piston rings are an essential part of the piston in an ICE engine. They are circular cylinders with thin wall, axially short, mainly one-piece, split and self-tightening. Piston rings are mainly used to seal the combustion chamber of a 2-stroke or 4-stroke engine or a marine engine. Its numbers and functions differ depending on the capacity or type of engine. For example, in large 2-stroke engines, compression piston rings are used to seal the combustion chambers, while on the other hand, marine diesel engines have at least three types of rings mounted on the perimeter of the piston, which is similar to high capacity. 4-stroke truck engine and use of oil scraper rings.

The growth of the piston ring worldwide is due to its increasing use for engine emission control. Piston rings help keep gas in the tank and prevent it from evaporating as gasoline. Rapid technological advancements along with advancements in materials in manufacturing piston rings have triggered the growth of the global piston rings market. In addition, the increasing investment in research and development by manufacturers to develop lightweight products to control emissions is driving the growth of the global piston rings market.

However, certain constraints are holding back the growth of the global piston rings market. The latest trend of downsizing of engines is restraining the growth of the global piston rings market. In addition, the growing demand for electric vehicles has negatively influenced the growth of the global piston rings market.

Key developments

  • Mahle announced the acquisition of the air conditioning business of Hitachi Astemo, Ltd. in Japan, Thailand and the United States.

Key players

The major players in the market are Tenneco Inc., Mahle GmBH TPR Co, Ltd., Riken Corporation, among others.

Verified market research segmented the global piston rings market on the basis of product, application, and geography.

  • Piston Rings Market, By Product
    • Grey font
    • Ductile iron
    • SAE 9254 steel
  • Piston Rings Market, By Application
    • Passenger cars
    • LCV
    • HCV
    • SUV
    • port cars
    • Two wheels
    • Cranes / Terrestrials
    • Stationary generators / motors
    • Marine engines
  • Piston Rings Market by Geography
    • North America
    • Europe
      • Germany
      • France
      • UK
      • The rest of europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia-Pacific
    • LINE
      • Middle East and Africa
      • Latin America

Browse related reports:

Automotive Pistons Market By piston type (trunk piston, slipper piston), by piston coating type (dry film lubricant coating piston, anti-oil coating piston), by vehicle type (utility vehicle, heavy utility vehicle), by material (aluminum, steel), by geography, Forecast, 2021-2028

Petroleum Accumulator Market By Type (Bladder Accumulator, Piston Accumulator, Diaphragm Accumulator), By Application (Blowout and Wellhead Control, Offshore Platforms, Slurry Pumps), By Geography, Forecast, 2021-2028

Aerospace Lubricants Market By Oil (Gas Turbine Oil, Piston Engine Oil, Grease), By Application (Civil Aviation, Defense, Space), By Geography, Forecast, 2021-2028

Rotary Piston Vacuum Pumps Market By Product (Single Stage Rotary Piston Vacuum Pumps & Two Stage Rotary Piston Vacuum Pumps), By Application (Semiconductor & Electronics Industry, Chemical Industry, Laboratory Research, Food Industry, Machinery Industry, Aerospace & military, and others), by geography, Forecast, 2021-2028

5 best automotive piston manufacturers‘success mantra to encourage motorheads

Visualize Piston Rings Market Using Verified Market Intelligence: -:

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VMI provides a holistic overview and global competitive landscape with regard to region, country and segment as well as the major players in your market. Present your market report and findings with a built-in presentation function, saving over 70% of your time and resources for investor arguments, sales and marketing, R&D and product development. VMI enables data delivery in interactive Excel and PDF formats with over 15+ key market indicators for your market.

About Us

Verified Market Research is a leading global research and advisory firm serving more than 5,000 clients. Verified Market Research provides advanced analytical research solutions while delivering insightful research studies. We provide insight into strategic and growth analyzes, the data needed to achieve business goals, and critical revenue decisions.

Our 250 analysts and SMEs offer a high level of expertise in data collection and governance using industry techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

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