Market Overview:
The global automotive gaskets and seals market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for passenger cars, light commercial vehicles, off-highway vehicles and heavy commercial vehicles across the globe. The metal segment is expected to account for a major share of the global automotive gaskets and seals market during the forecast period. This can be attributed to its properties such as high thermal conductivity, corrosion resistance and durability. The plastic polymer segment is projected to grow at a significant rate during the forecast period owing to its properties such as lightweight, flexibility and chemical resistance. In terms of application, the passenger cars segment is anticipated to hold a dominant position in the global automotive gaskets and seals market throughout the forecast period. This can be ascribedtothe increasing demand for luxury cars across different regions worldwide.
Product Definition:
A gasket is a mechanical seal that fills the space between two mating surfaces, generally to prevent leakage of fluid or gas. Seals are used in many different applications such as automotive engines, transmissions and fuel systems. They can be made from a variety of materials such as rubber, cork, paper or metal. Gaskets and seals are important for preventing leaks in these systems, which can lead to decreased efficiency or even engine failure.
Metal:
Metal is a material that exhibits metallic properties such as corrosion resistance and high strength. Metals are used in various applications due to their excellent mechanical, physical, and chemical properties. They are widely used in the automotive industry owing to factors such as high tensile strength, heat resistance, low thermal expansion coefficient along with electrical conductivity and reflectivity.
Plastic Polymer:
Plastic polymers are synthetic organic compounds that are derived from petroleum. They can be further divided into Polyethylene (PE), Polypropylene (PP), and Polystyrene (PS). The most commonly used plastic polymer in the automotive industry is Polyethylene Terephthalate (PET) which is also known as clear plastic. It has a high melting point, good chemical resistance, and excellent clarity making it suitable for use in food packaging applications as well.
Application Insights:
The passenger cars segment led the global automotive gaskets and seals market in 2017, accounting for more than 50.0% share of the overall revenue. The segment is expected to witness significant growth over the forecast period owing to increasing demand for passenger vehicles in developing countries such as India, China, Brazil and so on. In addition, stringent government regulations regarding reduction in vehicular emissions are anticipated to boost product demand over the coming years.
Global automotive gaskets.
The light commercial vehicle (LCV) segment accounted for more than 19.0% share of the overall revenue in 2017 due largely to its increased usage across developed countries such as U.S., Germany etc., where logistics plays a key role especially during winters when temperatures plummet below 0°C (32°F).
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth owing to increasing automobile production and sales in countries such as China, India, Japan, and South Korea. Furthermore, rising disposable income coupled with a growing population will also boost the market demand over the forecast period.
The European region is anticipated to be one of the key markets for global automotive gaskets & seals industry on account of stringent regulations regarding vehicular emissions and safety standards that are imposed upon OEMs from regulatory agencies such as ETSI, EPA etc., which has compelled them to employ various emission control systems in their vehicles including catalytic converters or other similar components. This factor is projected to have a positive impact on regional product demand during the forecast period.
Growth Factors:
- Increasing demand for lightweight vehicles: The global automotive industry is witnessing a shift towards the production of lightweight vehicles. This is primarily because of the increasing awareness about fuel efficiency and environment-friendly options among consumers. In order to reduce weight, automakers are increasingly using advanced materials such as composites and aluminum alloys in their vehicles. This is resulting in an increased demand for automotive gaskets and seals, which are essential components in these applications.
- Growing popularity of electric vehicles: Electric vehicles are becoming increasingly popular due to their low emissions and fuel efficiency. This is resulting in an increase in the demand for automotive gaskets and seals, as these components are essential for electric cars. In addition, the development of new technologies such as autonomous driving is also expected to boost the market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Gaskets and Seals Market Research Report
By Type
Metal, Plastic Polymer, Fibre, Silicon, Rubber
By Application
Passenger Cars, Light Commercial Vehicle, Off-Highway Vehicle, Heavy Commercial Vehicle
By Companies
SKF, Dana, Tenneco(Federal-Mogul), Freudenberg Sealing Technologies, Flowserve Corporation, Smiths Group, Trelleborg, Elringklinger, Datwyler, Victor Gaskets, SKF, Purolator EFP, donit, American Biltrite, Boyd Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Gaskets and Seals Market Report Segments:
The global Automotive Gaskets and Seals market is segmented on the basis of:
Types
Metal, Plastic Polymer, Fibre, Silicon, Rubber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Light Commercial Vehicle, Off-Highway Vehicle, Heavy Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SKF
- Dana
- Tenneco(Federal-Mogul)
- Freudenberg Sealing Technologies
- Flowserve Corporation
- Smiths Group
- Trelleborg
- Elringklinger
- Datwyler
- Victor Gaskets
- SKF
- Purolator EFP
- donit
- American Biltrite
- Boyd Corporation
Highlights of The Automotive Gaskets and Seals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal
- Plastic Polymer
- Fibre
- Silicon
- Rubber
- By Application:
- Passenger Cars
- Light Commercial Vehicle
- Off-Highway Vehicle
- Heavy Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Gaskets and Seals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive gaskets and seals are components that help keep the engine and other moving parts in a car or truck running smoothly. Gaskets are pieces of rubber or plastic that fit around the edges of openings in an engine, transmission, or other vehicle component. Seals are similar but typically made from metal and used to cover gaps between different parts of a machine. When these components move against each other, they create pressure that can cause them to leak air or fluid. Automotive gaskets and seals help prevent this by creating a seal between the two surfaces.
Some of the major players in the automotive gaskets and seals market are SKF, Dana, Tenneco(Federal-Mogul), Freudenberg Sealing Technologies, Flowserve Corporation, Smiths Group, Trelleborg, Elringklinger, Datwyler, Victor Gaskets, SKF, Purolator EFP, donit, American Biltrite, Boyd Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Gaskets and Seals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Gaskets and Seals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Gaskets and Seals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Gaskets and Seals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Gaskets and Seals Market Size & Forecast, 2020-2028
4.5.1 Automotive Gaskets and Seals Market Size and Y-o-Y Growth
4.5.2 Automotive Gaskets and Seals Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metal
5.2.2 Plastic Polymer
5.2.3 Fibre
5.2.4 Silicon
5.2.5 Rubber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Light Commercial Vehicle
6.2.3 Off-Highway Vehicle
6.2.4 Heavy Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Gaskets and Seals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Gaskets and Seals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metal
9.6.2 Plastic Polymer
9.6.3 Fibre
9.6.4 Silicon
9.6.5 Rubber
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Light Commercial Vehicle
9.10.3 Off-Highway Vehicle
9.10.4 Heavy Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metal
10.6.2 Plastic Polymer
10.6.3 Fibre
10.6.4 Silicon
10.6.5 Rubber
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Light Commercial Vehicle
10.10.3 Off-Highway Vehicle
10.10.4 Heavy Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metal
11.6.2 Plastic Polymer
11.6.3 Fibre
11.6.4 Silicon
11.6.5 Rubber
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Light Commercial Vehicle
11.10.3 Off-Highway Vehicle
11.10.4 Heavy Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metal
12.6.2 Plastic Polymer
12.6.3 Fibre
12.6.4 Silicon
12.6.5 Rubber
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Light Commercial Vehicle
12.10.3 Off-Highway Vehicle
12.10.4 Heavy Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metal
13.6.2 Plastic Polymer
13.6.3 Fibre
13.6.4 Silicon
13.6.5 Rubber
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Light Commercial Vehicle
13.10.3 Off-Highway Vehicle
13.10.4 Heavy Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Gaskets and Seals Market: Competitive Dashboard
14.2 Global Automotive Gaskets and Seals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF
14.3.2 Dana
14.3.3 Tenneco(Federal-Mogul)
14.3.4 Freudenberg Sealing Technologies
14.3.5 Flowserve Corporation
14.3.6 Smiths Group
14.3.7 Trelleborg
14.3.8 Elringklinger
14.3.9 Datwyler
14.3.10 Victor Gaskets
14.3.11 SKF
14.3.12 Purolator EFP
14.3.13 donit
14.3.14 American Biltrite
14.3.15 Boyd Corporation
