Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Exhaust System Market Research Report – | Page 2

are also focusing on increasing their production for meeting the rising
need of these systems.
Based on component type, the market has been segmented as Manifold,
Downpipe, Catalyst Converter, Muffler, Tailpipe, and Others. The
manifold is fixed at the cylinder head; takes gases right after the burning
process into the exhaust system. The catalytic convertor breaks down
the harmful exhaust gases into less harmful gases for the environment
and the muffler suppresses the high noise created by the engine
releasing the exhaust gases.
Regional Analysis
The global Automotive Exhaust System Market has been segmented in
the regions of North America, Asia Pacific, Europe and Rest of the
World. Asia Pacific region is expected to be the fastest growing region in
the global automotive exhaust system market owing to the presence of
emerging nations such as China, India, and Japan. Also, numerous
automotive giants are focusing on this region due to the high demand for
passenger and commercial vehicles as well as they are planning to
expand their operations in the Asia Pacific region.
Europe is expected to be the second-largest market for automotive
exhaust systems. European Commission and various governments are
taking various initiatives. The European emission regulations are
stringent and therefore the automotive OEMs are making significant
efforts for maintaining the benchmark emission standards. Owing to the
advancements in diesel technologies and the availability of low sulfur
diesel, the demand for diesel vehicles in the region is growing rapidly.
Key Players
The major player operating in the market of global automotive exhaust
system market are Faurecia SA (France), Tenneco Inc. (U.S.),
Eberspächer GmbH & Co. Kg. (Germany), and Futaba Industrial Co. Ltd.
(Japan). Sango Co. Ltd. (Japan), Benteler International AG. (Germany),
Friedrich Boysen GmbH & Co. Kg. (Germany), Yutaka Giken Co. Ltd.
(Japan), Sejong Industrial Co., Ltd. (South Korea), and Bosal
International NV (Belgium) are among others.
The report for Global Automotive Exhaust System Market of Market