Rubber Muffler Hanger Market Analysis and Global Forecast 2023-2033

Rubber Muffler Hanger Market Overview

The Rubber Muffler Hanger Market Size is expected to reach USD 2.47 Billion by 2033. The Rubber Muffler Hanger industry size accounted for USD 0.65 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 6.47% from 2023 to 2033. A rubber muffler hanger is a tool for holding up a car’s exhaust system. Usually constructed of rubber, it features two holes that allow the exhaust pipes from the muffler to flow through. After that, the hanger is fixed to the body or frame of the car. A rubber muffler hanger’s main function is to prevent the muffler from making touch with the ground or other objects. By doing this, you may shield the muffler from harm and prevent junk buildup. Furthermore, the hanger lessens the muffler’s vibration and noise.

Global Rubber Muffler Hanger Market Synopsis

COVID-19 Impact Analysis

The Rubber Muffler Hanger market experienced a positive impact due to the COVID-19 pandemic. The rubber silencer hanger market suffered as a result of the Covid-19 pandemic-induced industrial delay. Rubber silencer hangers are needed since fewer cars are being made. The decline in car manufacturing is the result of the lockdown that numerous nations implemented in an effort to stem the pandemic’s spread. Rubber silencer hangers are therefore less in demand, which reduces the size of the market for these hangers.

Global Rubber Muffler Hanger Market Dynamics

The major factors that have impacted the growth of Rubber Muffler Hanger are as follows:

Drivers:

⮚      Growing Environmental Concerns

Worldwide, the manufacturing of passenger and commercial vehicles is expanding in a variety of ways. There are numerous R&D projects underway to create effective car Muffler Hangers. The Rubber Muffler Hanger market is being driven by a greater emphasis on the development of technologies that can lessen the health risks and environmental issues connected with harmful gas emissions from cars. The global government’s efforts to reduce carbon emissions and boost fuel efficiency have prompted automakers to improve their vehicles and use cutting-edge, environmentally friendly technologies, which are expected to fuel the Rubber Muffler Hanger market’s expansion.

Restraint:

• High Development Costs

The muffler hanger has a high production cost since it requires a lot of sheet processing and production time. The internal combustion engine’s noise is successfully controlled by the muffler hanger. The most expensive components are the perforated tubes that are utilized to reduce sound waves through the holes. The perforated tubes require multiple manufacturing procedures, lengthy sheet metal processing, welding, and shaping, all of which raise the cost of production. The lengthy development process for muffler hangers lengthens the lead time for other product manufacture, which further hurts the company’s operations. Manufacturing rates must be high enough to keep up with the vehicle’s final assembly lines in order for production to be effective. The production of rubber demands large development expenditures.

Opportunity:

⮚      Growing Demand For Selective Catalytic Reduction Technology

An advanced active emissions control technique that is both fuel- and money-efficient is selective catalytic reduction, or SCR. Through the use of a unique catalyst, diesel exhaust fluid (DEF), a liquid-reductant agent, is injected into the exhaust stream of diesel engines. Nitrogen oxide pollutants are transformed by the DEF into nitrogen, water, and carbon dioxide (CO2), among other substances, which are subsequently released out the tailpipe of an automobile. Due to the fact that ammonia is used as a reductant in a catalyst system to lower NOx levels, this chemical reaction is known as selective reduction. This method is highly helpful in lowering emissions from diesel engines. In order to reduce particulate matter (PM) and nitrogen oxide (NOx) emissions to almost zero levels, regulations state that starting on January 1, 2010, all heavy-duty diesel engines must comply with the most recent EPA emissions requirements. Selective Catalytic Reduction technology can achieve NOx reductions by up to 90 percent, HC and CO emissions by 50-90 percent, and PM emissions by 30-50 percent.

Rubber Muffler Hanger Market Segment Overview

By Product

Based on the Product, the Rubber Muffler Hanger market is segmented based on 2 Holes, 4 Holes, and Others. During the projection period, the 2 Holes segment is expected to hold the largest market share. These 2 Holes Rubber Muffler Hangers are ideal for use with a wide variety of mufflers. They feature two holes that allow for easy and secure installation. Made of durable rubber, these hangers will provide long-lasting performance. The 2-hole muffler hangers are typically used in high-duty commercial vehicles.

By Material

Based on Material Industry, the global Rubber Muffler Hanger market has been divided into EPDM, Silicon, and Others. The EPDM segment is expected to hold the largest market share. EPDM (Ethylene Propylene Diene Monomer) is a type of rubber commonly used in automotive and industrial Materials due to its excellent resistance to heat, weather, and chemicals. EPDM rubber muffler hangers offer excellent vibration and noise reduction, making them a popular choice in muffler suspension systems.

By Vehicle Type

Based on Vehicle Type, the global Rubber Muffler Hanger market has been divided into Passenger Vehicles, Commercial Vehicles. The Passenger Vehicles segment is expected to hold the largest market share. Passenger vehicles are used for transporting a passenger from one point to another. The four-wheelers having a maximum capacity of 8 passengers are termed passenger vehicles. The increasing demand for diesel engine vehicles for passenger cars is expected to boost the rubber muffler hanger market.

Global Rubber Muffler Hanger Market Regional Analysis

Based on region, the market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The area of Asia Pacific is anticipated to dominate the market for the usage of Rubber Muffler Hanger, followed by those in North America and Europe.

Rubber Muffler Hanger Asia Pacific Market

The Asia Pacific region is expected to dominate the Rubber Muffler Hanger market due to several factors, including the high production of automobiles and the increasing demand for exhaust systems in the region. Many countries in the Asia Pacific region, such as China, Japan, and South Korea, have large automotive industries and are major producers of vehicles. This high production of automobiles creates a significant demand for exhaust systems and related Products, including rubber muffler hangers. In addition to high automobile production, the Asia Pacific region has also seen significant technical advancements in the automotive industry. This includes the development of new technologies for exhaust systems, such as lightweight materials and active noise control systems. These advancements are expected to create new opportunities in the Rubber Muffler Hanger market in the region.

Rubber Muffler Hanger North America Market

The North American region has some of the strictest regulations regarding emissions from vehicles, and the government has implemented several measures to reduce emissions, including the promotion of clean technologies and the introduction of stricter emissions standards. This has resulted in an increased demand for exhaust systems and related Products, including muffler hangers, which play a critical role in reducing vehicle noise and emissions. In addition to government regulations, the North American market for muffler hangers is also driven by factors such as increasing vehicle production, the growing popularity of electric vehicles, and the demand for aftermarket replacement parts.

Competitive Landscape

The competitive landscape includes key players (tier 1, tier 2, and local) having a presence across the globe. Companies such as SONUS, Bridgestone, BOSAL, Torque Solution, and Vibracoustic are some of the leading players in the global  Rubber Muffler Hanger Industry. These players have adopted partnership, acquisition, expansion, and new product development, among others as their key strategies.

Key Market Players:

• SONUS
• Bridgestone
• BOSAL
• Torque Solution
• Vibracoustic
• Walker
• CUSCO
• Zhongding
• Delmon Group
• Powerflex

Key development:

In September 2023, Delmon Group, a prominent player in the LED lighting market, unveiled a groundbreaking initiative focused on sustainable lighting solutions for urban environments. The development showcased innovative LED technologies tailored to address specific challenges in city lighting, emphasizing energy efficiency, smart functionality, and aesthetic design to enhance urban landscapes while reducing environmental impact.

Scope of the Report

Global Rubber Muffler Hanger Market, by Product

• 2 Holes
• 4 Holes
• Others

 Global Rubber Muffler Hanger Market, by Material

• EPDM
• Silicon
• Others

 Global Rubber Muffler Hanger Market, by Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

 Global Rubber Muffler Hanger Market, by Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Benelux
  • Nordic
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Indonesia
  • Austalia
  • Malaysia
  • India
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

 

Parameters	Indicators
Market Size	2033: $2.47 Billion
CAGR	6.47% CAGR (2023-2033)
Base year	2022
Forecast Period	2023-2033
Historical Data	2021
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations	Product, Material, Vehicle Type
Geographies Covered	North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors	SONUS, Bridgestone, BOSAL, Torque Solution, Vibracoustic, Walker, CUSCO, Zhongding, Delmon Group, Powerflex
Key Market Opportunities	• Growing Demand For Selective Catalytic Reduction Technology
Key Market Drivers	• Growing Environmental Concerns

 

REPORT CONTENT BRIEF:

• High-level analysis of the current and future Rubber Muffler Hanger Industry trends and opportunities
• Detailed analysis of current market drivers, restraining factors, and opportunities analysis in the future
• Historical market size for the year 2021, and forecast from 2023 to 2033
• Rubber Muffler Hanger market share analysis for each segment
• Competitor analysis with a comprehensive insight into its product segment, financial strength, and strategies adopted.
• Identifies key strategies adopted by the key players including new product development, mergers and acquisitions, joint ventures, collaborations, and partnerships.
• To identify and understand the various factors involved in the global Rubber Muffler Hanger market affected by the pandemic
• To provide year-on-year growth from 2022 to 2033
• To provide short-term, long-term, and overall CAGR comparison from 2022 to 2033.
• Provide Total Addressable Market (TAM) for the Global Rubber Muffler Hanger Market.