According to our latest market study on "Automotive Cast Iron Cylinder Head Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Engine Type, Vehicle Type, and Geography," the market is expected to grow from US$ 5,878.38 million in 2021 and is projected to reach US$ 7,888.85 million by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028.

Cast iron is a versatile and, most importantly, durable material. It can withstand normal wear and tear for a long time. If the cylinder head develops fractures or cuts, it may be repaired by welding, drilling, or pinning. An iron cast cylinder head aids street engines by quickly conducting heat and assisting the engine in reaching operating temperature. The heads are less expensive than aluminum cylinder heads. Consumers will not have to break the money to upgrade the engine. In high-valve spring-pressure situations, the high strength might imply more time between stimulating and longer overall service life for the cylinder head, which propels the growth of the automotive cast iron cylinder head market.

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TOYOTA INDUSTRIES CORPORATION; Yamaha Motor Co., Ltd.; Sandvik Coromant; Nemak; and TEKSID S.P.A are some of the key market players operating in the global automotive cast iron cylinder head market. The listing of key players is derived by considering multiple factors such as overall revenue, current automotive cast iron cylinder head portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the automotive cast iron cylinder head market which were analyzed during the course of this market research study, such as Cummins Inc., YASUNAGA CORPORATION, Silbitz Group GmbH, Mauss GmbH, and Cooper Corp. among others.

On the basis of Engine Type, the global automotive cast iron cylinder head market is segmented into Straight or Inline Engine, V-Type Engines, and Flat Engines. Based on Vehicle Type, the global automotive cast iron cylinder head market is segmented into Two Wheelers and Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles. Based on geography, the global automotive cast iron cylinder head market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The government body of the region realizes that all businesses, irrespective of their size scale, need more assistance during the Covid-19 outbreak. The crisis is impacting the business operation of both public and private companies in Europe. Russia, the UK, France, Italy, Spain, and Germany are some of the worst affected member states in the European region due to the COVID-19 outbreak. Businesses in the region face severe economic difficulties as they either suspend their operations or substantially reduce their activities. Due to the business shutdown, the region is anticipated to witness an economic slowdown in the first half of 2021. Consumption in sectors such as clothing and goods and services is anticipated to be temporarily postponed, with spending expected to restart in part when the lockdowns been released. According to the Centre for Strategic and International Studies, military expenditures in European nations is projected to fall as a result of COVID-19's worldwide financial crisis, resulting in fewer new norms being adopted, affecting the automotive iron cast cylinder head market.

Impact of COVID-19 Pandemic on Global Automotive Cast Iron Cylinder Head Market

North America is known for having the highest rate of advanced technology adoption due to favorable government policies that foster innovation and enhance infrastructural abilities. As a result, every factor affecting the region's industrial performance obstructs its economic development. The US has become the world's worst-affected country due to the COVID-19 outbreak, causing governments to impose a number of limitations on industrial, commercial, and public activities in the country to contain the disease's spread. Despite the stoppage of activity in several industries, the closure of major manufacturing units, and people's reluctance about joining the work floors.As a result, the COVID-19 pandemic and its consequences are posing a minimal impact on the automotive iron cast cylinder head market in North America.

Key Findings of Study:

The global automotive cast iron cylinder head market is segmented based on engine type, vehicle type, and geography. Based on engine type, the global automotive cast iron cylinder head market is segmented into straight or inline engine, v-type engines, and flat engines. In 2020, the straight or inline engine segment held the larger market share. In terms of vehicle type, the automotive cast iron cylinder head market is segmented into two wheelers, passenger cars, light commercial vehicles, and heavy commercial vehicles. In 2020, the heavy commercial vehicles segment accounted for the largest market share. Geographically, the automotive cast iron cylinder head market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for a significant share in the global automotive cast iron cylinder head market

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