Automotive & Transportation Automotive Cylinder Liner Market | Page 5

Automotive Cylinder Liner Market Analysis Emergence of High-Quality Automotive Cylinder Liners Expected to Drive the Market in APAC Sales of automotive cylinder liners are directly related to the production of automobiles. China, being one of the prominent manufacturers in the automotive industry, is expected to account for a prominent share in the global automotive cylinder liner market. The emergence of innovative, high-quality, and cost-effective products is expected to drive the market growth in the region. To enhance the durability and efficiency of engine, new materials have been developed, which are more efficient than the traditionally used in cylinder liners. In addition to rising number of regional players in Asian Pacific countries including China and India, key players are targeting the region for improved customer base and increased geographical footprint. Furthermore, in India, the government provides an extensive support to farmers to purchase agricultural equipment and work more efficiently. The Indian government offers crop loans, credit schemes, and subsidized interest rates, which boost the demand for agricultural vehicles, in turn, increasing the demand for automotive cylinder liners. Ask the Analyst: https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-3387 ©2015 Future Market Insights, All Rights Reserved 5