Automotive Gasket and Seal Market Overview
The global Automotive Gasket and Seal market is expected to grow at a significant rate over the stated period. In the automotive industry, gaskets and seals are used to prevent leakage during the compression stage. To improve fuel efficiency and vehicle performance, lightweight materials are used in gasket production. These products are gaining popularity because of their potential to extend the life of automobile components while also lowering maintenance expenses. Original equipment manufacturers (OEMs) are now required to provide gaskets and seals as harmful emissions rules become stricter. These aspects are favorable to the expansion of the automotive gasket and seal market.
Additionally, the rising need for sealing solutions is boosting the automotive gasket and seal market. Several end-use sectors are promoting the use of high-quality gaskets and seals to ensure effective performance at lower costs. Furthermore, there is a significant increase in car sales, which raises the demand for automotive gaskets and seals.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product Type, Vehicle Type, Sales Channel, Material Type, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Dana Limited, Federal-Mogul Corporation, Trelleborg AB, Datwyler, Elringklinger AG, SKF AB, Smiths Group plc, Victor Gaskets India LTD, Freudenberg Sealing Technologies GmbH & Co, KG and Flowserve Corporation. |
Covid-19 Impact on Automotive Gasket and Seal Market
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Automotive Gasket and Seal Market Segment Overview
According to Product Type, the Metallic Gasket segment holds the largest share in the global Automotive Gasket and Seal market. In comparison to the non-metallic gasket industry, the metallic gasket market is expected to expand with higher absolute revenue. Metal gaskets are made to endure a wide range of temperatures, pressures, and chemicals. These tough metal gaskets are available in standard and custom configurations and are made of a variety of materials to suit a variety of process applications.
Automotive Gasket and Seal Market, By Product Type
· Metallic Gasket
· Non-metallic Gasket
Automotive Gasket and Seal Market, By Vehicle Type
· Compact
· Mid-sized
· Premium
· Luxury
· Commercial
· Heavy Commercial
Automotive Gasket and Seal Market, By Sales Channel
· OEM
· Aftermarket
Automotive Gasket and Seal Market, By Material Type
· Metal
· Fiber
· Rubber
· Silicon
Automotive Gasket and Seal Market Regional Overview
Region-Wise, the global Automotive Gasket and Seal market is divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Among these regions, Asia Pacific holds the largest share in the global Automotive Gasket and Seal market. Growth in vehicle production, and original equipment manufacturers (OEMs) will expand across the Asia Pacific region, boosting the market growth. Japan, on the other hand, will expand at a slower rate than the rest of the world. Further, the Middle East and Africa (MEA) also show remarkable growth opportunities in the market. Additionally, North America and Europe are the most prominent regions for the global Automotive Gasket and Seal market.
Automotive Gasket and Seal Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Automotive Gasket and Seal Market, Key Players
· Dana Limited
· Federal-Mogul Corporation
· Trelleborg AB
· Datwyler
· Elringklinger AG
· SKF AB
· Smiths Group plc
· Victor Gaskets India LTD
· Freudenberg Sealing Technologies GmbH & Co
· KG and Flowserve Corporation.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Automotive Gasket and Seal market?
The rising need for sealing solutions is boosting the automotive gasket and seal market
Q2. Which Segments are covered in the global Automotive Gasket and Seal market report?
Product Type, Vehicle Type, Sales Channel, Material Type, and Region. these segments are covered in the global Automotive Gasket and Seal market report.
Q3. Which segment is projected to hold the largest share in the global Automotive Gasket and Seal market. ?
Metallic Gasket segment is projected to hold the largest share in the global Automotive Gasket and Seal market.
Q4. Which region holds the largest share in the global Automotive Gasket and Seal market?
Asia Pacific held the largest share in the global Automotive Gasket and Seal market
Q5. Which are the prominent players in the global Automotive Gasket and Seal market?
Dana Limited, Federal-Mogul Corporation, Trelleborg AB, Datwyler, Elringklinger AG, SKF AB, Smiths Group plc, Victor Gaskets India LTD, Freudenberg Sealing Technologies GmbH & Co, KG and Flowserve Corporation. are some key players in the global Automotive Gasket and Seal market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Automotive Gasket and Seal Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Metallic Gasket
- 5.2.2. Non-metallic Gasket
- 5.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.3.1. Compact
- 5.3.2. Mid-sized
- 5.3.3. Premium
- 5.3.4. Luxury
- 5.3.5. Commercial
- 5.3.6. Heavy Commercial
- 5.4. Market Analysis, Insights and Forecast – By Sales Channel
- 5.4.1. OEM
- 5.4.2. Aftermarket
- 5.5. Market Analysis, Insights and Forecast – By Material Type
- 5.5.1. Metal
- 5.5.2. Fiber
- 5.5.3. Rubber
- 5.5.4. Silicon
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Automotive Gasket and Seal Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Metallic Gasket
- 6.2.2. Non-metallic Gasket
- 6.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 6.3.1. Compact
- 6.3.2. Mid-sized
- 6.3.3. Premium
- 6.3.4. Luxury
- 6.3.5. Commercial
- 6.3.6. Heavy Commercial
- 6.4. Market Analysis, Insights and Forecast – By Sales Channel
- 6.4.1. OEM
- 6.4.2. Aftermarket
- 6.5. Market Analysis, Insights and Forecast – By Material Type
- 6.5.1. Metal
- 6.5.2. Fiber
- 6.5.3. Rubber
- 6.5.4. Silicon
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Automotive Gasket and Seal Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Metallic Gasket
- 7.2.2. Non-metallic Gasket
- 7.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 7.3.1. Compact
- 7.3.2. Mid-sized
- 7.3.3. Premium
- 7.3.4. Luxury
- 7.3.5. Commercial
- 7.3.6. Heavy Commercial
- 7.4. Market Analysis, Insights and Forecast – By Sales Channel
- 7.4.1. OEM
- 7.4.2. Aftermarket
- 7.5. Market Analysis, Insights and Forecast – By Material Type
- 7.5.1. Metal
- 7.5.2. Fiber
- 7.5.3. Rubber
- 7.5.4. Silicon
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Automotive Gasket and Seal Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Metallic Gasket
- 8.2.2. Non-metallic Gasket
- 8.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 8.3.1. Compact
- 8.3.2. Mid-sized
- 8.3.3. Premium
- 8.3.4. Luxury
- 8.3.5. Commercial
- 8.3.6. Heavy Commercial
- 8.4. Market Analysis, Insights and Forecast – By Sales Channel
- 8.4.1. OEM
- 8.4.2. Aftermarket
- 8.5. Market Analysis, Insights and Forecast – By Material Type
- 8.5.1. Metal
- 8.5.2. Fiber
- 8.5.3. Rubber
- 8.5.4. Silicon
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Automotive Gasket and Seal Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Metallic Gasket
- 9.2.2. Non-metallic Gasket
- 9.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 9.3.1. Compact
- 9.3.2. Mid-sized
- 9.3.3. Premium
- 9.3.4. Luxury
- 9.3.5. Commercial
- 9.3.6. Heavy Commercial
- 9.4. Market Analysis, Insights and Forecast – By Sales Channel
- 9.4.1. OEM
- 9.4.2. Aftermarket
- 9.5. Market Analysis, Insights and Forecast – By Material Type
- 9.5.1. Metal
- 9.5.2. Fiber
- 9.5.3. Rubber
- 9.5.4. Silicon
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Dana Limited
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Federal-Mogul Corporation
- 10.6. Trelleborg AB
- 10.7. Datwyler
- 10.8. Elringklinger AG
- 10.9. SKF AB
- 10.10. Smiths Group plc
- 10.11. Victor Gaskets India LTD
- 10.12. Freudenberg Sealing Technologies GmbH & Co
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
