Automotive gaskets and seals are crucial components employed between rotating engine parts, pumps, and shafts. They function as static seals when a union or flange requires sealing to prevent leakage. Gaskets, on the other hand, are utilized to seal connections between two components or flanges with flat surfaces. While gaskets seal connections with flat surfaces, seals are used between rotating engine parts. Both gaskets and seals offer attributes such as high flexibility, reliability, strength, and resistance to extreme heat. They are designed to withstand intense pressures, compressive loads, and temperature variations.
The primary types of automotive gaskets and seals, categorized by material, include fiber, graphite, PTFE, rubber, and silicone. Fiber gaskets and seals find prominent use in the chemical and petroleum product manufacturing industries. PTFE serves as a gasket material known for its robust chemical resistance properties. Rubber seals are widely employed to prevent leakage of air, chemicals, gases, or liquids. Silicone gaskets exhibit excellent resistance to aging, chemicals, fire, fungal growth, heat, water, and ozone. Major end-users of gaskets and seals span across industries such as automotive, aerospace, machinery, electronics and electrical, as well as marine and rail.
The automotive gaskets and seals market research report is one of a series of new reports that provides automotive gaskets and seals market statistics, including automotive gaskets and seals industry global market size, regional shares, competitors with automotive gaskets and seals market share, detailed automotive gaskets and seals market segments, market trends and opportunities, and any further data you may need to thrive in the automotive gaskets and seals industry. This automotive gaskets and seals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive gaskets and seals market size has grown strongly in recent years. It will grow from $17.26 billion in 2023 to $18.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth observed during the historic period can be attributed to several factors, including the expansion of the automotive industry, an aging vehicle fleet, regulatory compliance requirements, an increase in the demand for automotive maintenance and repairs, and overall economic growth.
The automotive gaskets and seals market size is expected to see strong growth in the next few years. It will grow to $24.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing complexity of vehicles, a rise in autonomous vehicles, a growing adoption rate of electric vehicles, an increased demand for fuel-efficient and environmentally friendly vehicles, and a rise in disposable income. Noteworthy trends expected during this period encompass a focus on sustainability and green sealing solutions, the adoption of advanced materials, an emphasis on customization and 3D printing, and the integration of digital twin technology in the automotive industry.
The surge in demand for electric vehicles is a key driver behind the growth of the automotive gaskets and seals market. These components play a crucial role in various electric vehicle applications, particularly in battery packs, providing essential environmental sealing and insulation. As of June 2022, the United States Department of Energy reported a total of 1.45 million electric vehicle registrations in the United States. California accounted for a significant portion, with approximately 563,070 registrations of light-duty electric vehicles, representing 39% of EVs nationwide in 2021. This data highlights the substantial and rapidly growing demand for electric vehicles, contributing to the expansion of the automotive gaskets and seals market.
The expansion of the automotive industry is anticipated to be a significant driving force for the automotive gaskets and seals market. The automotive industry encompasses various entities engaged in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. Automotive garage equipment, crucial for vehicle maintenance and repair, is integral to ensuring safety, efficiency, and quality in vehicle servicing. In January 2023, according to MarkLines Co. Ltd., a provider of online information services to the automotive industry, the US witnessed a 5.4% increase in the sale of light vehicles, with a total of 1.287 billion units in 2022. Notably, the sales of trucks and SUVs increased by 5.3%, reaching 1.02 billion units, while passenger car sales saw a 5.7% increase to 0.266 billion units. This expansion in the automotive industry is expected to drive the growth of the automotive gaskets and seals market.
The utilization of 3D printing in the manufacturing of automotive gaskets and seals is gaining prominence. 3D printing, also known as additive manufacturing, involves creating three-dimensional objects from a digital file. Manufacturers are increasingly leveraging 3D printing to economically and efficiently produce gaskets of varying dimensions tailored to specific applications. For instance, DP Seals, a global supplier of custom seals, gaskets, and molding, utilizes 3D printing for rubber seals, enabling the identification of design faults and expediting the development process.
Major players in the automotive gaskets and seals market are strategically focusing on product launches, exemplified by the introduction of Spicer off-highway transmission kits. These kits are designed to minimize downtime and ensure the continuous operation of vehicles and equipment by providing essential components for transmission service and repair. In July 2023, Dana Incorporated, a prominent US-based manufacturer specializing in highly efficient propulsion and energy-management solutions, unveiled the Spicer off-highway transmission kits. These kits cater to both original equipment manufacturer (OEM) usage and transmission configuration, offering enhanced packaging of o-rings, seals, and gaskets. Notably, the kits include an o-ring identification chart, providing detailed information on each part number, quantity, dimensions, and color identification matching the markings on the o-rings. Additionally, each illustration is presented at full size to facilitate easy identification. This product launch underscores the commitment of major companies to innovation and comprehensive solutions in the automotive gaskets and seals market.
Major companies operating in the automotive gaskets and seals market include Freudenberg Co., Elringklinger Silicon Valley Inc., Dana Holding Corporation, Svenska Kullagerfabriken AB, Trelleborg AB, Federal-Mogul Corporation, Flowserve Corporation, Custom Gasket Manufacturing, Arizona Sealing Devices Inc., Economy Die & Gasket Inc., Gasket Express, Sealing Specialties Inc., XTO Inc., New Process Fibre Company Inc., CGR Products Inc., RD Rubber Technology Corporation, PDI Gaskets & Seals, Mercer Gasket & Shim, Phelps Industrial Products LLC, REDCO Rubber Engineering & Development Company, Kent Rubber Supply Co., MAHLE Aftermarket Inc., Interface Performance Materials, Garlock Sealing Technologies, James Walker Ltd., Flexitallic Ltd., Teadit Pvt. Ltd., Lamons Manufacturing & Service Co., Klinger Limited, Henniges Automotive
Asia-Pacific was the largest region in the automotive gaskets and seals market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive gaskets and seals market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the automotive gaskets and seals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The automotive gaskets and seals market consists of sales of metal, plastic, composites, envelope gaskets, ring gaskets, and valve cover gaskets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of automotive gaskets and seals, categorized by material, include fiber, graphite, PTFE, rubber, and silicone. Fiber gaskets and seals find prominent use in the chemical and petroleum product manufacturing industries. PTFE serves as a gasket material known for its robust chemical resistance properties. Rubber seals are widely employed to prevent leakage of air, chemicals, gases, or liquids. Silicone gaskets exhibit excellent resistance to aging, chemicals, fire, fungal growth, heat, water, and ozone. Major end-users of gaskets and seals span across industries such as automotive, aerospace, machinery, electronics and electrical, as well as marine and rail.
The automotive gaskets and seals market research report is one of a series of new reports that provides automotive gaskets and seals market statistics, including automotive gaskets and seals industry global market size, regional shares, competitors with automotive gaskets and seals market share, detailed automotive gaskets and seals market segments, market trends and opportunities, and any further data you may need to thrive in the automotive gaskets and seals industry. This automotive gaskets and seals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive gaskets and seals market size has grown strongly in recent years. It will grow from $17.26 billion in 2023 to $18.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth observed during the historic period can be attributed to several factors, including the expansion of the automotive industry, an aging vehicle fleet, regulatory compliance requirements, an increase in the demand for automotive maintenance and repairs, and overall economic growth.
The automotive gaskets and seals market size is expected to see strong growth in the next few years. It will grow to $24.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing complexity of vehicles, a rise in autonomous vehicles, a growing adoption rate of electric vehicles, an increased demand for fuel-efficient and environmentally friendly vehicles, and a rise in disposable income. Noteworthy trends expected during this period encompass a focus on sustainability and green sealing solutions, the adoption of advanced materials, an emphasis on customization and 3D printing, and the integration of digital twin technology in the automotive industry.
The surge in demand for electric vehicles is a key driver behind the growth of the automotive gaskets and seals market. These components play a crucial role in various electric vehicle applications, particularly in battery packs, providing essential environmental sealing and insulation. As of June 2022, the United States Department of Energy reported a total of 1.45 million electric vehicle registrations in the United States. California accounted for a significant portion, with approximately 563,070 registrations of light-duty electric vehicles, representing 39% of EVs nationwide in 2021. This data highlights the substantial and rapidly growing demand for electric vehicles, contributing to the expansion of the automotive gaskets and seals market.
The expansion of the automotive industry is anticipated to be a significant driving force for the automotive gaskets and seals market. The automotive industry encompasses various entities engaged in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. Automotive garage equipment, crucial for vehicle maintenance and repair, is integral to ensuring safety, efficiency, and quality in vehicle servicing. In January 2023, according to MarkLines Co. Ltd., a provider of online information services to the automotive industry, the US witnessed a 5.4% increase in the sale of light vehicles, with a total of 1.287 billion units in 2022. Notably, the sales of trucks and SUVs increased by 5.3%, reaching 1.02 billion units, while passenger car sales saw a 5.7% increase to 0.266 billion units. This expansion in the automotive industry is expected to drive the growth of the automotive gaskets and seals market.
The utilization of 3D printing in the manufacturing of automotive gaskets and seals is gaining prominence. 3D printing, also known as additive manufacturing, involves creating three-dimensional objects from a digital file. Manufacturers are increasingly leveraging 3D printing to economically and efficiently produce gaskets of varying dimensions tailored to specific applications. For instance, DP Seals, a global supplier of custom seals, gaskets, and molding, utilizes 3D printing for rubber seals, enabling the identification of design faults and expediting the development process.
Major players in the automotive gaskets and seals market are strategically focusing on product launches, exemplified by the introduction of Spicer off-highway transmission kits. These kits are designed to minimize downtime and ensure the continuous operation of vehicles and equipment by providing essential components for transmission service and repair. In July 2023, Dana Incorporated, a prominent US-based manufacturer specializing in highly efficient propulsion and energy-management solutions, unveiled the Spicer off-highway transmission kits. These kits cater to both original equipment manufacturer (OEM) usage and transmission configuration, offering enhanced packaging of o-rings, seals, and gaskets. Notably, the kits include an o-ring identification chart, providing detailed information on each part number, quantity, dimensions, and color identification matching the markings on the o-rings. Additionally, each illustration is presented at full size to facilitate easy identification. This product launch underscores the commitment of major companies to innovation and comprehensive solutions in the automotive gaskets and seals market.
Major companies operating in the automotive gaskets and seals market include Freudenberg Co., Elringklinger Silicon Valley Inc., Dana Holding Corporation, Svenska Kullagerfabriken AB, Trelleborg AB, Federal-Mogul Corporation, Flowserve Corporation, Custom Gasket Manufacturing, Arizona Sealing Devices Inc., Economy Die & Gasket Inc., Gasket Express, Sealing Specialties Inc., XTO Inc., New Process Fibre Company Inc., CGR Products Inc., RD Rubber Technology Corporation, PDI Gaskets & Seals, Mercer Gasket & Shim, Phelps Industrial Products LLC, REDCO Rubber Engineering & Development Company, Kent Rubber Supply Co., MAHLE Aftermarket Inc., Interface Performance Materials, Garlock Sealing Technologies, James Walker Ltd., Flexitallic Ltd., Teadit Pvt. Ltd., Lamons Manufacturing & Service Co., Klinger Limited, Henniges Automotive
Asia-Pacific was the largest region in the automotive gaskets and seals market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive gaskets and seals market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the automotive gaskets and seals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The automotive gaskets and seals market consists of sales of metal, plastic, composites, envelope gaskets, ring gaskets, and valve cover gaskets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Gaskets And Seals Market Characteristics3. Automotive Gaskets And Seals Market Trends And Strategies31. Global Automotive Gaskets And Seals Market Competitive Benchmarking32. Global Automotive Gaskets And Seals Market Competitive Dashboard33. Key Mergers And Acquisitions In The Automotive Gaskets And Seals Market
4. Automotive Gaskets And Seals Market - Macro Economic Scenario
5. Global Automotive Gaskets And Seals Market Size and Growth
6. Automotive Gaskets And Seals Market Segmentation
7. Automotive Gaskets And Seals Market Regional And Country Analysis
8. Asia-Pacific Automotive Gaskets And Seals Market
9. China Automotive Gaskets And Seals Market
10. India Automotive Gaskets And Seals Market
11. Japan Automotive Gaskets And Seals Market
12. Australia Automotive Gaskets And Seals Market
13. Indonesia Automotive Gaskets And Seals Market
14. South Korea Automotive Gaskets And Seals Market
15. Western Europe Automotive Gaskets And Seals Market
16. UK Automotive Gaskets And Seals Market
17. Germany Automotive Gaskets And Seals Market
18. France Automotive Gaskets And Seals Market
19. Italy Automotive Gaskets And Seals Market
20. Spain Automotive Gaskets And Seals Market
21. Eastern Europe Automotive Gaskets And Seals Market
22. Russia Automotive Gaskets And Seals Market
23. North America Automotive Gaskets And Seals Market
24. USA Automotive Gaskets And Seals Market
25. Canada Automotive Gaskets And Seals Market
26. South America Automotive Gaskets And Seals Market
27. Brazil Automotive Gaskets And Seals Market
28. Middle East Automotive Gaskets And Seals Market
29. Africa Automotive Gaskets And Seals Market
30. Automotive Gaskets And Seals Market Competitive Landscape And Company Profiles
34. Automotive Gaskets And Seals Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Automotive Gaskets And Seals Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive gaskets and seals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for automotive gaskets and seals? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Material: Fiber; Graphite; PTFE; Rubber; Silicones 2) By Product Type: Gaskets; Seals 3) By End Use: Automotive; Aerospace; Machinery; Electronics & Electrical; Marine & Rail
- Companies Mentioned: Freudenberg Co.; Elringklinger Silicon Valley Inc.; Dana Holding Corporation; Svenska Kullagerfabriken AB; Trelleborg AB
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Freudenberg Co.
- Elringklinger Silicon Valley Inc.
- Dana Holding Corporation
- Svenska Kullagerfabriken AB
- Trelleborg AB
- Federal-Mogul Corporation
- Flowserve Corporation
- Custom Gasket Manufacturing
- Arizona Sealing Devices Inc.
- Economy Die & Gasket Inc.
- Gasket Express
- Sealing Specialties Inc.
- XTO Inc.
- New Process Fibre Company Inc.
- CGR Products Inc.
- RD Rubber Technology Corporation
- PDI Gaskets & Seals
- Mercer Gasket & Shim
- Phelps Industrial Products LLC
- REDCO Rubber Engineering & Development Company
- Kent Rubber Supply Co.
- MAHLE Aftermarket Inc.
- Interface Performance Materials
- Garlock Sealing Technologies
- James Walker Ltd.
- Flexitallic Ltd.
- Teadit Pvt. Ltd.
- Lamons Manufacturing & Service Co.
- Klinger Limited
- Henniges Automotive
Methodology
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