Market Overview:
The global automotive oil and valve stem seals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automobiles across the globe, coupled with stringent emission norms and fuel efficiency requirements. In addition, rising awareness about vehicle maintenance is also propelling the demand for automotive oil and valve stem seals. On the basis of type, the global automotive oil and valve stem seals market is segmented into oil seals and valve stem seals. The oil seal segment is further sub-segmented into lip seal, rod seal, wiper seal, scraper seal and others. The valve stem seal segment is further sub-segmented into o-ring type valvesealand metal bellows type valveseal. Among these segments, lip Seal held a dominant share in 2017 owing to its wide usage in various applications such as engine sealing systems & crankcase ventilation systems among others . On account of its properties such as low friction coefficient & excellent wear resistance among others , O-ring type valveseals are expected to witness high growth duringthe forecast period from 2018to 2030 .
Product Definition:
An automotive oil is a specialized type of oil used in internal combustion engines, specifically those found in automobiles. The main purpose of automotive oil is to lubricate the moving parts of the engine and to help remove heat from the engine. In addition, automotive oils also contain additives that can improve various aspects of engine performance or protect against wear and tear. Valve stem seals are a component within an internal combustion engine that helps to prevent leakage past the valve stems. They are typically made from rubber or silicone and sit between the valve stem and the valve guide, helping to keep oil and other fluids inside of the engine while it is running.
Oil Seals:
Oil seals are rubber or plastic-based O-rings that are used in automotive oil and valve stem seals to prevent the movement of the sealing surface due to adverse conditions such as high temperature, pressure, and torque. The growth factor for this market is mainly attributed to factors such as growing demand from various end-use industries including transportation & automotive coupled with technological advancements in terms of product development.
Valve Stem Seals:
Valve stem seals are used to seal the valve in its seat. They are installed between the stem and the cover. The primary function of a valve stem seal is to prevent water or other contaminants from getting into the combustion chamber, thus protecting it from damage. These products also help in maintaining optimal pressure distribution around each cylinder, thus improving engine performance and efficiency along with reducing vibrations & noise emissions.
These seals can be classified as manual.
Application Insights:
Engine application dominated the overall market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period due to rising demand for automotive oil and valve stem seals from various end-use industries such as marine, industrial, and transportation. Engine applications include passenger car as well as heavy-duty vehicles such as trucks, buses, recreational vehicles (RVs), motor homes/recreational Vehicles (RV)s and off-highway vehicle engines.
The gearbox application segment is also estimated to witness considerable growth over the forecast period owing to increasing demand for high performance gearboxes in various industries worldwide. The growing importance of lightweight materials has resulted in an increased use of aluminum alloys for manufacturing gears; this trend is expected to continue over the next few years which will further augment seal demand from engine applications globally.
Regional Analysis:
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing automobile production in countries such as China, India, and Japan. The region accounted for a volume share of over 45% in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030. This can be attributed primarily to the rising demand for passenger cars and light commercial vehicles in this region.
The European market was valued at USD X million in 2017 owing to high demand from automotive manufacturers located there. Countries such as Germany are among the major producers of automobiles across Europe; thus it attracts numerous OEMs that help boost product sales across this region significantly.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the automotive oil and valve stem seals market.
- The increasing adoption of advanced technologies, such as electric vehicles, is projected to fuel the demand for automotive oil and valve stem seals in the coming years.
- Stringent emission norms by regulatory authorities are likely to propel the growth of this market during the forecast period.
- Growing concerns regarding environmental pollution are anticipated to boost demand for energy-efficient vehicles, which will subsequently lead to an increase in sales of automotive oil and valve stem seals products over the next few years.
- The increasing popularity of online retail channels is projected to create new opportunities for players operating in this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Oil and Valve Stem Seals Market Research Report
By Type
Oil Seals, Valve Stem Seals
By Application
Engine, Gearbox, Axle, Wheel, Others
By Companies
ElringKlinger AG, SKF, Tenneco, EagleBurgmann, Trelleborg, NOK Corporation, Akita Oil Seal, Musashi Seimitsu Industry, JTEKT CORPORATION, Dana Incorporated, Qingdao TKS Sealing Industry, Anhui Zhongding Holding
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Oil and Valve Stem Seals Market Report Segments:
The global Automotive Oil and Valve Stem Seals market is segmented on the basis of:
Types
Oil Seals, Valve Stem Seals
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
Engine, Gearbox, Axle, Wheel, Others
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:
- ElringKlinger AG
- SKF
- Tenneco
- EagleBurgmann
- Trelleborg
- NOK Corporation
- Akita Oil Seal
- Musashi Seimitsu Industry
- JTEKT CORPORATION
- Dana Incorporated
- Qingdao TKS Sealing Industry
- Anhui Zhongding Holding
Highlights of The Automotive Oil and Valve Stem 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:
- Oil Seals
- Valve Stem Seals
- By Application:
- Engine
- Gearbox
- Axle
- Wheel
- Others
- 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 Oil and Valve Stem 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
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- Understanding Competition Scenario
- Product & Brand Management
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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 oil and valve stem seals are a type of seal used in engines to keep the oil and air from leaking out. They are made of rubber or plastic, and fit around the edge of the valve stem. When the engine is started, oil is pumped into the engine through the valves, which causes them to open. The pressure from this flow forces the seal against the valve stem, which prevents any leaks.
Some of the major companies in the automotive oil and valve stem seals market are ElringKlinger AG, SKF, Tenneco, EagleBurgmann, Trelleborg, NOK Corporation, Akita Oil Seal, Musashi Seimitsu Industry, JTEKT CORPORATION, Dana Incorporated, Qingdao TKS Sealing Industry, Anhui Zhongding Holding.
The automotive oil and valve stem seals market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Oil and Valve Stem 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 Oil and Valve Stem Seals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Oil and Valve Stem 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 Oil and Valve Stem 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 Oil and Valve Stem Seals Market Size & Forecast, 2020-2028
4.5.1 Automotive Oil and Valve Stem Seals Market Size and Y-o-Y Growth
4.5.2 Automotive Oil and Valve Stem 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 Oil Seals
5.2.2 Valve Stem Seals
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 Engine
6.2.2 Gearbox
6.2.3 Axle
6.2.4 Wheel
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Oil and Valve Stem 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 Oil and Valve Stem 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 Oil Seals
9.6.2 Valve Stem Seals
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 Engine
9.10.2 Gearbox
9.10.3 Axle
9.10.4 Wheel
9.10.5 Others
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 Oil Seals
10.6.2 Valve Stem Seals
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 Engine
10.10.2 Gearbox
10.10.3 Axle
10.10.4 Wheel
10.10.5 Others
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 Oil Seals
11.6.2 Valve Stem Seals
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 Engine
11.10.2 Gearbox
11.10.3 Axle
11.10.4 Wheel
11.10.5 Others
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 Oil Seals
12.6.2 Valve Stem Seals
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 Engine
12.10.2 Gearbox
12.10.3 Axle
12.10.4 Wheel
12.10.5 Others
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 Oil Seals
13.6.2 Valve Stem Seals
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 Engine
13.10.2 Gearbox
13.10.3 Axle
13.10.4 Wheel
13.10.5 Others
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 Oil and Valve Stem Seals Market: Competitive Dashboard
14.2 Global Automotive Oil and Valve Stem Seals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ElringKlinger AG
14.3.2 SKF
14.3.3 Tenneco
14.3.4 EagleBurgmann
14.3.5 Trelleborg
14.3.6 NOK Corporation
14.3.7 Akita Oil Seal
14.3.8 Musashi Seimitsu Industry
14.3.9 JTEKT CORPORATION
14.3.10 Dana Incorporated
14.3.11 Qingdao TKS Sealing Industry
14.3.12 Anhui Zhongding Holding
