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Automotive Gasket & Seal Market Size, Share, Report, Analysis, Trends & Forecast to 2026

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According to Stratistics MRC, the Global Automotive Gasket & Seal market is accounted for $65.07 billion in 2017 and is expected to reach $123.72 billion by 2026 growing at a CAGR of 7.4% during the forecast period.

— Increasing global production volume of light and heavy vehicles, and engine downsizing & lightweight components assemblies are some of the key factors propelling the market. However, the growing electrification of vehicles around the city is hampering growth.

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Gaskets and seals are fundamental components in a vehicle, which are used for filling the gap between two components to make sure that there is no leakage between them during the compression stage. Automotive gaskets have been categorized as metallic gaskets and non-metallic gaskets; whereas automotive seals have been divided into mechanical seals, O-rings seals, lip seals, and rotary seals.

Based on the type, the gasket market is predicted to produce the maximum because of the increase in acceptance of gaskets in the automotive industry. Use of gaskets and seals has decreased the maintenance cost of vehicles and has radically improved the lifespan of the automotive components. By Geography, North America is projected to grasp an important contribution in the global automotive gasket and seal market. The automotive commercial vehicle requirement is rising in the United States as the demand for commercial vehicle in the country has increased, which is a major reason for propelling the need of gaskets and seals market in the country.

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Some of the key players profiled in the Automotive Gasket & Seal Market include AB SKF, Victor Gaskets India Limited, Trelleborg AB, The SKF Group, Smiths Group PLC, Freudenberg Sealing Technologies Gmbh & Co. Kg, Flowserve Corporation, Federal-Mogul Holdings Corporation, Elringklinger AG, Datwyler Holding Inc., and Dana Holding Corporation.

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Product Types Covered:
• Seal
• Gasket

Types Covered:
• Components Sealing System
• Body Sealing System

Vehicle Types Covered:
• Passenger Car
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Off-Highway Vehicle
• Compact Vehicle
• Luxury Vehicle
• Mid-Sized Vehicle
• Premium Vehicle

Applications Covered:
• Cooling application
• Transmission
• Engine
• Brake
• Fuel supply
• Battery
• Steering
• Exhaust Manifold
• Other Application Types

Materials Covered:
• Metal
• Plastic polymer
• Fiber
• Silicon
• Rubber
• Build Material

Sales Channels Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929

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Source: MarketersMedia

Release ID: 88893989

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