Automotive Piston Rings Market Size, Share, Growth, Trends, and Industry Analysis:  By Piston Ring Type, By Fuel Type, By Sales Channel, and Region 2019-2030

Automotive Piston Rings Market Size, Share, Growth, Trends, and Global Industry Analysis: Size, Share, Growth, Trends, and Industry Analysis  By Piston Ring Type (Compression Ring, Scrapper Rings, Oil Control Rings, and Others), By Fuel Type (Diesel, Petrol, and Gasoline), By Sales Channel (OEM, and After-market Sales), and Region 2019-2030

Automotive Piston Rings Market size was valued at US$ 2,753.6 million in 2023 and is growing at a CAGR of 9.2% from 2024-2030. The market for automotive piston rings is driven by the growing number of vehicles produced, the growing need for engines that use less fuel, and developments in automotive technology that lower emissions. Manufacturers are creating piston rings with increased durability and less friction to increase fuel economy and lower emissions as a result of tighter environmental restrictions.

However, the transition to electric cars, which do not require piston rings, and high production costs are limiting market development. The aftermarket industry and emerging regions, where car sales are still rising, provide opportunities. The use of lightweight materials, sophisticated coatings, and enhanced designs to extend the lifespan and efficiency of piston rings are some of the major developments.

Key Players

The automotive piston rings market share includes several companies such as Aisin Seiki Co., Ltd, Anhui Ring New Group Co., Limited (ARN), ASIMCO, NIPPON PISTON RING Co., Ltd., MAHLE GmbH, TPR Co., Ltd, Federal-Mogul LLC, IP Rings, Shriram Pistons & Rings Ltd, Grover Corporation, Hunan ZhengYuanDongli Parts Co., Ltd., SamKrg, RIKEN CORPORATION, Abilities India PIston & Rings Ltd, Tenneco, and India Pistons & Rings Ltd, and Omega Pistons.

Key Developments

  • In April 2021 Tenneco, a pioneer in pistons, is addressing the CO2 emission issues by utilizing cutting-edge technologies. The business is creating a mono steel piston that will be strong and durable for heavy-duty engine applications, and it can resist firing pressures of up to 300 bars. Additionally, the company's staff is presently working on the Phase IV Fuel Consumption regulation and developing new technologies for the China 7 compliant engines.
  • In May 2021, the hydrogen-fueled combustion engine technology was recently announced by heavy machinery manufacturer JCB. The company says that the engine emits no CO2 and that its hydrogen-fueled piston engine would assist the UK government reach its zero-emissions objective more quickly.

Automotive Piston Rings Market Segmentation

By Piston Ring Type: The highest rings on a piston are called compression rings, and their major function is to keep the combustion chamber sealed and the pressure constant throughout the combustion process. They keep gasses from leaking into the crankcase by being positioned close to the top of the piston, guaranteeing effective engine operation. Compression rings improve fuel efficiency, lower pollutants, and contribute to maximum power production by forming a tight seal. Compression rings are crucial for optimizing engine performance and lifetime, especially in high-compression engines and heavy-duty applications. They are made of sturdy materials such as cast iron or steel and frequently have specific coatings to withstand high temperatures and pressure.

By Fuel Type: Durability and efficiency are crucial because piston rings in diesel engines must withstand higher compression ratios and more extreme pressures than those in gasoline engines. To withstand the intense heat and pressure produced during combustion, diesel piston rings are frequently composed of cast iron or high-strength alloys with specific coatings. Compression rings play a critical role in diesel engines' ability to seal, preventing blow-by and maintaining engine efficiency, which lowers pollutants and improves fuel economy. Because many diesel applications, such as vehicles and industrial machines, are heavy-duty, piston rings are essential to engine performance and lifespan.

By Sales Channel: The piston ring aftermarket sales channel meets the maintenance and replacement requirements of current automobiles, especially when engines deteriorate with age. Owners of vehicles seeking to minimize blow-by, lower oil consumption, and restore engine efficiency are the main drivers of aftermarket demand. Aftermarket piston rings are frequently purchased from independent mechanics, vehicle repair shops, and internet merchants. The aftermarket channel, which offers affordable options for engine repairs and performance improvements, is still crucial as the world's automobile fleet ages. Aftermarket piston rings make up a sizable and consistent share of the automotive components industry in areas with high vehicle ownership and aging fleets.

Automotive Piston Rings Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.2%

Largest Market

Asia Pacific

Fastest Growing Market

North America

Automotive Piston Rings Market Dynamics

Drivers

The growing need for fuel-efficient engines and the increase in global vehicle production are the main factors propelling the market. High-quality piston rings are crucial since manufacturers are under pressure to enhance engine performance due to stricter pollution laws. In line with international energy-saving objectives, advances in materials and coatings assist in lowering friction and improving fuel economy. Demand is further supported by the expansion of the aftermarket industry because many cars need new rings to function at their best. The demand for automobile piston rings is steadily increasing due in part to the rise of new economies and expanding car ownership.

Restraints

The high manufacturing costs of new materials and coatings are a major barrier to the automobile piston rings industry, since they may restrict affordability and acceptance. Furthermore, the continuous transition to electric cars (EVs) has a substantial effect on demand since EVs do not require piston rings, which limits the market's potential for expansion. To satisfy environmental goals, several automakers are giving EVs priority, which has an impact on conventional piston ring needs. Manufacturers are under more pressure to strike a balance between cost and quality in the dynamic automotive industry as a result of rising raw material costs and supply chain changes.

Opportunites

The developing aftermarket industry, where replacement and maintenance requirements are increasing in tandem with the expanding vehicle fleet, is where the majority of the market opportunities are located. The growing need for affordable, long-lasting piston rings makes emerging markets with rising car ownership rates extremely promising. Furthermore, developments in material science pave the way for new, higher-performing goods that serve hybrid and alternative fuel automobiles. To keep up with automakers' efforts to produce automobiles that use less gasoline, manufacturers are likewise concentrating on lightweight piston ring solutions. Additional potential arises from customization and specific uses, particularly in industrial and high-performance vehicles.

Trends

To improve engine efficiency and lower emissions, the market is seeing trends toward the use of lightweight materials and sophisticated coatings. Because they reduce wear and increase efficiency, high-strength alloys, ceramic coatings, and diamond-like coatings are gaining popularity. The development of environmentally friendly piston rings that aid in fuel-saving measures is likewise a top priority. As hybrid cars become more and more widespread, designs for piston rings are being improved to work with a variety of fuels. The market also observes a growing level of cooperation between suppliers and automakers in the development of piston rings that satisfy changing performance and environmental compliance regulations.

Automotive Piston Rings Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 2,753.6 million

Market CAGR

9.2%

By Piston Ring

  • Compression Ring
  • Scrapper Rings
  • Oil Control Rings
  • Others

By Fuel Type

  • Diesel
  • Petrol
  • Gasoline

By Sales channel

  • OEM
  • After-market Sales

By Region

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA

Analyst Review

The market for automobile piston rings is favorable, propelled by the need for improved engine performance, lower emissions, and fuel efficiency. Manufacturers are developing piston ring technologies to suit the demands of the growing global automobile production, especially in Asia-Pacific, and the growing emphasis on environmental standards. The need for replacement rings is increased by the need for routine maintenance on the fleet of older vehicles, which is mostly driven by the aftermarket industry. However, since EVs don't need piston rings, the move to electric vehicles could affect long-term demand. Nevertheless, the industry remains competitive due to continuous advancements in lightweight materials and coatings, especially for fuel-efficient and hybrid engines.

Key Features of the Report

  • The automotive piston rings market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The global automotive piston rings market size was valued at US$ 2,753.6 million in 2023 and is growing at a CAGR of 9.2% from 2024-2030.

• Growing need for engines with low emissions and low fuel consumption.
• Expansion of automobile manufacturing worldwide, particularly in developing nations.
• Growing aftermarket industry as a result of an aging automobile fleet.
• Strict environmental laws encourage the use of efficient engine parts.

• Developments in piston ring materials that are strong and lightweight.
• Using more sophisticated coatings to cut down on wear and friction.
• Move toward hybrid engine-compatible piston ring designs.
• Increasing attention to emissions reduction and fuel efficiency.

Aisin Seiki Co., Ltd, Anhui Ring New Group Co., Limited (ARN), ASIMCO, NIPPON PISTON RING Co., Ltd., MAHLE GmbH, TPR Co., Ltd, Federal-Mogul LLC, IP Rings, Shriram Pistons & Rings Ltd, Grover Corporation, Hunan ZhengYuanDongli Parts Co., Ltd., SamKrg, RIKEN CORPORATION, Abilities India PIston & Rings Ltd, Tenneco, and India Pistons & Rings Ltd, and Omega Pistons. are the key companies in the automotive piston rings market.

The key segments covered in the research report includes piston ring type, fuel type, sales channel, and region.

1.Executive Summary
2.Global Automotive Piston Rings Market Introduction 
2.1.Global Automotive Piston Rings Market  - Taxonomy
2.2.Global Automotive Piston Rings Market  - Definitions
2.2.1.Piston Ring
2.2.2.Fuel Type
2.2.3.Sales channel
2.2.4.Region
3.Global Automotive Piston Rings Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Automotive Piston Rings Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Automotive Piston Rings Market  By Piston Ring, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Compression Ring
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Scrapper Rings
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Oil Control Rings
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Others
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Automotive Piston Rings Market  By Fuel Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Diesel
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Petrol
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Gasoline
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Automotive Piston Rings Market  By Sales channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. OEM
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. After-market Sales
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8.Global Automotive Piston Rings Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Automotive Piston Rings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Piston Ring Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Compression Ring
9.1.2.Scrapper Rings
9.1.3.Oil Control Rings
9.1.4.Others
9.2.  Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Diesel
9.2.2.Petrol
9.2.3.Gasoline
9.3.  Sales channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.OEM
9.3.2.After-market Sales
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Automotive Piston Rings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Piston Ring Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Compression Ring
10.1.2.Scrapper Rings
10.1.3.Oil Control Rings
10.1.4.Others
10.2.  Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Diesel
10.2.2.Petrol
10.2.3.Gasoline
10.3.  Sales channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.OEM
10.3.2.After-market Sales
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Automotive Piston Rings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Piston Ring Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Compression Ring
11.1.2.Scrapper Rings
11.1.3.Oil Control Rings
11.1.4.Others
11.2.  Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Diesel
11.2.2.Petrol
11.2.3.Gasoline
11.3.  Sales channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.OEM
11.3.2.After-market Sales
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Automotive Piston Rings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Piston Ring Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Compression Ring
12.1.2.Scrapper Rings
12.1.3.Oil Control Rings
12.1.4.Others
12.2.  Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Diesel
12.2.2.Petrol
12.2.3.Gasoline
12.3.  Sales channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.OEM
12.3.2.After-market Sales
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Automotive Piston Rings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Piston Ring Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Compression Ring
13.1.2.Scrapper Rings
13.1.3.Oil Control Rings
13.1.4.Others
13.2.  Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Diesel
13.2.2.Petrol
13.2.3.Gasoline
13.3.  Sales channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.OEM
13.3.2.After-market Sales
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Aisin Seiki Co., Ltd
14.2.2.Anhui Ring New Group Co., Limited (ARN)
14.2.3.ASIMCO
14.2.4.NIPPON PISTON RING Co., Ltd.
14.2.5.MAHLE GmbH
14.2.6.TPR Co., Ltd
14.2.7.Federal-Mogul LLC
14.2.8.IP Rings
14.2.9.Shriram Pistons & Rings Ltd
14.2.10.Grover Corporation
14.2.11.Hunan ZhengYuanDongli Parts Co., Ltd.
14.2.12.SamKrg
14.2.13.RIKEN CORPORATION
14.2.14.Abilities India PIston & Rings LTd
14.2.15.Tenneco
14.2.16.India Pistons & Rings Ltd
14.2.17.Omega Pistons
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Aisin Seiki Co., Ltd
  • Anhui Ring New Group Co., Limited (ARN)
  • ASIMCO
  • NIPPON PISTON RING Co., Ltd.
  • MAHLE GmbH
  • TPR Co., Ltd
  • Federal-Mogul LLC
  • IP Rings
  • Shriram Pistons & Rings Ltd
  • Grover Corporation
  • Hunan ZhengYuanDongli Parts Co., Ltd.
  • SamKrg
  • RIKEN CORPORATION
  • Abilities India PIston & Rings LTd
  • Tenneco
  • India Pistons & Rings Ltd
  • Omega Pistons

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