Global Automotive Seals & Gaskets Market Forecast & Opportunities, 2021: TechSci Research Report

Mar 16, 2016, 10:30 ET from TechSci Research

BURNABY, Canada, March 16, 2016 /PRNewswire/ --

Automotive seals and gaskets are a vital component in a vehicle, which are used for filling the gap between two components in automobiles, in order to prevent any leakage of fluid between them. Automotive seals are used between the moving parts of the vehicle, while automotive gaskets are used between two stationary automotive components. Backed by the objective to achieve better fuel-efficiency of vehicles, and with increasing concern over environmental changes, the automotive industry is developing new and improved components. The automotive industry in the Asia-Pacific region, which is dominated by the developing nations like India and China, is growing at a faster pace, hence is expected to thrust the demand for various auto components that are used in the automotive industry.

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The penetration of automotive gaskets and seals is estimated to be the highest in the Asia-Pacific region, followed by North America, Europe, and others. On the basis of vehicle segments, global automotive seals & gaskets market can be categorized into four segments which are as follows:

Global Automotive Seals & Gaskets Market, by Vehicle Type 

  • Passenger Car Seals and Gaskets
  • Light Truck Seals and Gaskets
  • Medium & Heavy Vehicle Seals and Gaskets
  • Other Automotive Seals and Gaskets

Global Automotive Seals & Gaskets Market: Drivers and Restraints 

The market of automotive seals & gaskets is expected to grow at a rapid pace. There has been an increase in overall vehicle production across the globe, in turn boosting the demand for automotive seals and gaskets in the OEM segment. Also, the automobile manufacturers are working to achieve better fuel-efficiencies, giving rise to the usage of light-weight materials in vehicles in order to improve the life of the automobile, in turn propelling the demand for high quality seals and gaskets.

Global Automotive Seals & Gaskets Market: Key Players 

Key players in the global Automotive Seals & Gaskets market include Dana Corporation, AB SKF, Flowserve Corporation, Federal-Mogul, Smiths Group PLC, Freudenberg Sealing Technologies, etc.

The report Covers Exhaustive Analysis on: 

  • Market Size, Share & Forecast
  • Market Segments
  • Market Dynamics (Market Drivers, Challenges & their Impact Analysis)
  • Market Trends
  • Emerging Opportunities
  • Competitive Landscape
  • Strategic Recommendations

Regional Analysis Includes 

  • North America
  • South / Latin America
  • Middle East & Africa
  • Asia Pacific (APAC)
  • Europe & CIS Countries

"Global Automotive Seals & Gaskets Market Forecast & Opportunities, 2021" has analyzed the potential of the Automotive Seals & Gaskets market and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.

Why You Should Buy This Report? 

  • To gain an in-depth understanding of market
  • To identify the on-going trends and anticipated growth in the next five years
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs.

Report Methodology 

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with automotive seals and gaskets manufacturing companies, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Report Highlights: 

  • Global Automotive Seals & Gaskets Market Size, Share & Forecast
  • Segmental Analysis - By Demand Category, Vehicle Type, Company & Region
  • Market Dynamics
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations 

About TechSci Research 

TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in six verticals - Information Technology, Chemicals, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.

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