Tailpipe
is a part of an exhaust system. It is an exit point of exhaust system, used to
transmit or carry different noxious & toxic gases away from the users of
the vehicle. It is manufactured using different metals for instance zinc-plated
heavy gauzed steel, aluminized steel or stainless steel. The exhaust gases are
generally very hot, but tailpipe does not spoiled by heat due to its heat
resistant and durable properties. Various tailpipes have a small resonator
inside, which can decrease the noise. A chic tailpipe increases the beauty of
automobiles.
According
to study, “World Tailpipe Market Research
Report 2024(Covering USA, Europe, China, Japan, SEA and India)”
the key companies operating in the world tailpipe market are Tenneco Inc., AMG,
Faurecia SA, Breitinger, REMUS, SANGO Co. Ltd., Milltek Sport, Eberspacher GmbH
& Co. Ltd., Tajco Group, Sankei, AP Exhaust, Magna Flow, TRUST, Kreiieg,
BORLA, Ningbo Siming, Shanghai Baolong, Shandong Xinyi, Shenyang SWAT, Huzhou
Xingxing, Wenzhou Yongchang, Ningbo NTC, Futaba Industrial Co. Ltd., Qingdao
Greatwall, Guangdong HCF, Dongfeng. Key manufacturers are focusing on
increasing their manufacture for meeting the growing need of these systems.
Based
on product type, tailpipe market is segmented into single tailpipe and double
tailpipe. Based on vehicle type, market is segmented into heavy commercial
vehicles (HCV), light commercial vehicles (LCV), and passenger vehicles. Based
on fuel type, market is segmented into diesel and gasoline. Based on after
treatment device, market is segmented into Diesel Particulate Filter (DPF),
Diesel Oxidation Catalyst (DOC), Selective Catalytic Reduction (SCR) and Lean
Nox Trap (LNT). Based on off-highway vehicle, market is segmented into
construction equipment and agriculture tractor. Based on channel type, market
is segmented into aftermarket and original equipment manufacturer (OEM). In
addition, based on application, market is segmented into large displacement
cars and low emiion cars.
The
tailpipe market is driven by growth in vehicle production, followed by rise in
automotive exhaust system manufacturing, increase in awareness of people
regarding the environmental hazards, rise in technical advancements, growth in
urbanization & rise in disposable income, and increase in research &
development (R&D) activities. Additionally, increase in adoption of
technologies to manufacture efficient tailpipes can offer several benefits for
instance improved fuel consumption and reduced carbon dioxide emissions.
However, high cost of lightweight exhaust components, increase in sales of
Battery Electric Vehicles (BEVs), high CO2 emissions, rise in fuel prices and
global harmonization of emission regulations may impact the market. Moreover,
advanced exhaust heat recovery systems, introduction of Real Drive Emission
(RDE) tests and increase in use of gasoline particulate filter (GPF) are key
opportunities for market.
Based
on geography, China, Japan and India countries hold major share in tailpipe
market owing to favorable work conditions, high demand for passenger &
commercial vehicles and easy availability of cheap labor in the countries.
Europe and USA are also expected to witness higher growth rate due to rise in
availability of low sulfur diesel, stringent government regulations and
advancements in diesel technologies over the forecast period. It is anticipated
that the market will be reached at fast pace on account of advancement in
material technology during the forecast period.
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