Automotive Gasket and Seal Market

Report Code AT 3219
Published in Mar, 2015, By MarketsandMarkets™
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Automotive Gasket and Seal Market by Type (Gasket, Seal), Gasket Application (Cylinder Head, Exhaust Manifold), Seal Application (Cooling/HVAC, Transmission, Steering, Engine, Brake, Suspension), Vehicle Type, Sales Channel (OEM, Aftermarket), and Region - Global Forecast to 2030

 

Overview

The global automotive gasket and seal market is projected to reach USD 27.97 billion by 2030 from USD 28.10 billion in 2024, at a CAGR of -0.1%.

The shift toward fuel-efficient vehicles increases the demand for gaskets and seals that enhance engine performance, withstand higher temperatures, and prevent leaks. Engine downsizing has also increased demand for turbochargers, resulting in new sealing systems for turbocharger gaskets made from heat-resistant alloys. Further, the increased use of EVs is predicted to gradually diminish demand for gaskets and seals in the ICE vehicle category. However, gaskets and seals will continue to have a potential future in PHEVs because these cars mix ICE and electric propulsion, necessitating high-performance sealing solutions for both systems.

Automotive Gasket and Seal Market

Attractive Opportunities in the Automotive Gasket and Seal Market

ASIA PACIFIC

Countries in Asia Pacific such as India and Japan still have a larger sales volume of ICE vehicles, which will drive the market growth.

A strong automotive manufacturing base in Europe, combined with rising investments in research and development for innovative and sustainable automotive technologies, is driving the market growth.

The surge in demand for lightweight automotive components and the trend of engine downsizing will likely offer lucrative opportunities for market players in the next decade.

The automotive gasket and seal market is driven by the increasing demand for fuel-efficient vehicles coupled with growing vehicle demand across the world.

The North American automotive gasket and seal market is projected to account for USD 7,045.8 million by 2030, with a CAGR of 1.2%.

Global Automotive Gasket and Seal Market Dynamics

Driver: Innovation in sealing technology for greater thermal and chemical resistance

Formed-in-Place Foamed (FIPF) gaskets, Cured-in-Place (CIP) gaskets, and Formed-in-Place (FIP) gaskets are among the innovations that are transforming automotive sealing systems. For example, FIPF gaskets are applied as a liquid that expands to form a smooth foam seal, efficiently filling gaps while also offering great resistance to moisture and impurities. CIP gaskets use machines to dispense liquid sealant that cures with ultraviolet light, creating a reliable elastomeric seal that adheres firmly to surfaces. FIP gaskets, applied as a liquid and curing between flanges, offer the advantage of rapid assembly and a complete seal without the need for traditional compression, thereby improving manufacturing efficiency and reducing lead times. High-performance materials are also fueling growth in the automotive gasket and seal market. Polytetrafluoroethylene (PTFE) materials are highly resistant to a variety of vehicle fluids and harsh temperatures, making them perfect for essential sealing applications. Nitrile has a high resistance to petroleum-based fluids and is effective at a variety of temperatures, whereas Perfluoroelastomer (FFKM) has great chemical resistance, providing long-term performance in severe situations. Fluorocarbon materials are highly valued for their ability to withstand ethanol and methanol, which meet modern fuel standards. Further, NOK Corporation (Japan) introduced self-lubricating seal technology, which improves sealing performance by lowering friction and thereby extends the life of gaskets and seals.

Restraint: The growing shift towards BEVs

BEVs have fewer moving parts and components than conventional ICE vehicles, which reduces the demand for gaskets and seals. For example, BEVs do not need engine gaskets such as cylinder head gaskets, intake and exhaust gaskets, or transmission gaskets, which are required in ICE vehicles to prevent fluid leaks and maintain system integrity. Similarly, the smaller drivetrain in BEVs, which lacks components like oil pumps and exhaust systems, minimizes the need for seals that are typically used to handle fluids and gases. Countries like China and the US are seeing major increases in BEV production and sales volume. Further, in Europe, the best-selling BEV automobiles in June 2024 included the Tesla Model Y, Tesla Model 3, MG 4, VW ID.3, and Volvo EX30, among others. As the global automotive industry increasingly transitions to electric mobility, particularly towards BEVs, this reduction in mechanical complexity hampers the growth potential of the gasket and seal market.

 

Opportunity: Surge in demand for lightweight automotive components

As automakers increasingly adopt lightweight materials such as aluminum and composites for various vehicle parts, the need for high-performance sealing solutions that can maintain integrity under varying conditions is becoming more critical. For instance, lightweight engine covers, and transmission cases require gaskets that provide effective sealing while accommodating materials' thermal expansion and contraction. According to the International Council on Clean Transportation, numerous studies show that a 10% weight reduction in the engine can reduce fuel consumption by 6–7%. Lightweight battery enclosures in EVs also necessitate specialized seals to protect sensitive components from moisture and contaminants while ensuring structural integrity. The trend towards lightweight is also evident from the growing use of Formed-in-Place (FIP) and Formed-in-Place Foamed (FIPF) gaskets, which can be applied directly to components, reducing the need for heavy traditional gaskets. Automakers and parts suppliers have made significant strides in lightweight manufacturing by reducing the cost of materials, developing better materials, and improving computer-aided design tools to encourage lightweight component development. Various material providers are offering lightweight materials for automotive components. Additionally, there are several key players in the market, such as ElringKlinger AG (Germany), Nippon Gasket Co., Ltd. (Japan), Freudenberg Group (Germany), and AB SKF (Sweden) that offer lightweight sealing solutions for various automotive systems.

Challenges: Design and installation issues

Ensuring that gaskets and seals meet the specific size and shape requirements set by different OEMs is critical, as engine gaskets must be precisely engineered to fit various engine designs and varied dimensions. Even minor discrepancies in dimensions can lead to improper sealing, resulting in leaks and reduced performance. The complexity of modern engine designs, which often feature intricate shapes and tight tolerances, necessitates advanced gasket solutions that can effectively conform to these variations. Installation challenges also arise; improper fitting or inadequate compression during assembly can compromise the sealing capability of gaskets and seals. For instance, in turbocharged engines, which typically operate at higher pressures, failure to properly install the gasket can lead to critical issues such as blown gaskets or leaks in the turbocharger system.

Global Automotive Gasket and Seal Market Ecosystem Analysis

The ecosystem analysis highlights various players in the automotive gasket and seal market, primarily represented by OEMs, automotive gasket and seal manufacturers, raw material suppliers, and aftermarket suppliers. Some of the major automotive gasket and seal manufacturers include ElringKlinger AG (Germany), Dana Limited (US), NOK Corporation (Japan), Nippon Gasket Co., Ltd. (Japan), and Nippon Leakless Corporation (Japan).

Top Companies in Automotive Gasket and Seal Market
 

The O-ring seal segment is expected to lead the automotive gasket and seal market during the forecast period

The O-ring seals are essential components in automotive, primarily used to create a tight seal between two or more parts to prevent leakage of fluids and gases. They are commonly found in applications such as engines, transmissions, hydraulic systems, and fuel systems, where they help maintain pressure and protect against contamination. They are typically made from materials such as rubber, silicone, nitrile, and fluorocarbon, chosen for their flexibility, resilience, and resistance to various automotive fluids, temperature extremes, and environmental conditions. These materials ensure that O-rings perform effectively in various applications, providing reliable sealing solutions. The growth of the automotive O-ring market is driven by the increasing demand for fuel-efficient vehicles, which often require advanced sealing solutions to optimize performance and reduce emissions. Companies such as NOK Corporation (Japan), Trelleborg AB (Sweden), and Freudenberg Group (Germany), manufacture O-rings catering to various automotive applications.

Passenger car segment to lead the automotive gasket and seal market during the forecast period

The passenger car segment is expected to dominate the automotive gasket and seal market due to its large volume and significant share of ICE vehicles within this segment. Countries such as India, Brazil, Japan, and those in Southeast Asia still have a majority of ICE vehicle demand and will likely maintain the largest share for the next few years. This will keep demand strong for ICE-specific components, including gaskets and seals. However, the major challenge is the ongoing rapid electrification, particularly in countries like China. According to the China Passenger Car Association (CAAM), in July 2024, more than half of the passenger cars sold in the country were electric vehicles. This directly affects the ICE components such as gaskets and seals, with most of the demand expected to come from the aftermarket. Going forward, similar trends are expected across major automotive markets such as the US, UK, Germany, India, and Japan, among others. Subsequently, the demand for OE-fitted gaskets and seals may remain strong in select countries.

Asia Pacific is Estimated to be the Largest Market During the Forecast Period

The Asia Pacific region has emerged as a hub for automotive production, subject to state-promoted support, and cost advantages for OEMs. Its large consumer base, huge vehicle production, and robust economic development make Asia Pacific a lucrative market for automotive OEMs and component and equipment suppliers. Many OEMs have expanded their production to cope with rising demand and comply with fuel-efficiency norms and regulations. The Asia Pacific region is among the frontrunners in electrification which is largely driven by China and South Korea which might affect the demand for automotive components that are mainly used in ICE vehicles such as gaskets and seals. However, countries such as India Japan, and Southeast Asian countries are relatively sluggish in terms of EV adoption, which could drive the demand for automotive gaskets and seals in the region, as these countries still have significant penetration of ICE vehicles. Automotive gasket and seal manufacturers such as NOK Corporation (Japan), Nippon Gasket Co., Ltd. (Japan), Nippon Leakless Corporation (Japan), and Jayem Auto Industries Pvt. Ltd. (India), among others, have a dominant presence in Asia Pacific.

TRUCKS: HIGHEST CAGR MARKET BY 2030
PASSENGER CARs: LARGEST MARKET IN THE REGION
Automotive Gasket and Seal Market Size and Share

Recent Developments of Automotive Gasket and Seal Market

  • In August 2024, Freudenberg Group (Germany) developed a new sealing technology for Central Tire Inflation Systems (CTIS) that improves the safety and efficiency of heavy-duty vehicles. This new CTIS double-lipped sealing component minimizes friction and power loss within the system. Designed for all axles, the CTIS seal is tailored to meet the needs of the North American truck and bus market and other regions.
  • In May 2024, NOK Corporation (Japan) and ENEOS Corporation (Japan) jointly developed a “self-lubricating rubber” that reduces friction in seal products by up to 40%. The improved formulation controls the surface at the molecular level and efficiently uses a small amount of lubricant. This new rubber maintains low friction while preserving the sealing performance of existing products. NOK and ENEOS aim to commercialize a low-friction seal product using this rubber for electric vehicle (EV) motors and E-Axles.
  • In May 2024, ElringKlinger AG (Germany), showcased its integrated gaskets, cylinder-head gaskets, and other pressed products, designed for direct-cooled systems using its gasket pressing and coating technologies. It also presented ElroSeal PTFE rotary shaft seals designed for high-speed applications, with rotation speeds ranging from 20 m/s to a maximum of 100 m/s, at the 2024 JSAE Automotive Engineering Exposition.
  • In March 2024, at SMART ENERGY WEEK 2024, Dana Limited (US) showcased a gasket for battery cases that can be used for large applications.
  • In March 2024, Trelleborg AB (Sweden) introduced the Rubore Washer, a solution that offers nearly leak-free sealing under screw heads to protect essential systems in electric vehicles. This solution safeguards against corrosion and leakage caused by external factors such as temperature, dirt, and rain, making it particularly effective in challenging conditions.
  • In January 2024, Freudenberg Group (Germany) introduced a new thermoplastic material called Quantix ULTRA, designed to enhance fire protection in electric vehicles. This material combines elastomer-like flexibility with a lower density than metal, making it ideal for lightweight EV construction. Quantix ULTRA can also be applied in other areas, such as enclosures for power supply units, media-carrying lines, cable insulation, battery housing covers, and components for electric motors.

Key Market Players

List of Top Automotive Gasket and Seal Market Companies

The Automotive Gasket and Seal Market is dominated by a few major players that have a wide regional presence. The major players in the Automotive Gasket and Seal Market are

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Scope of the Report

Report Attribute Details
Market size available for years 2020–2030
Base year considered 2023
Forecast period 2024-2030
Forecast units Volume (Thousand Units), Value (USD Million/Billion)
Segments Covered Type, Gasket Application, Seal Application, Vehicle Type, Sales Channel, and Region.
Regions covered Asia Pacific, Europe, North America, and Rest of the World

Key Questions Addressed by the Report

What is the current size of the global automotive gasket and seal market?
The global automotive gasket and seal market is projected to grow to USD 27.97 billion by 2030 from USD 28.10 billion in 2024 at a CAGR of -0.1% during the forecast period.
Who are the key players in the global automotive gasket and seal market?
The automotive gasket and seal market is dominated by major players, including ElringKlinger AG (Germany), Dana Limited (US), NOK Corporation (Japan), Nippon Gasket Co., Ltd. (Japan), and Nippon Leakless Corporation (Japan).
Which region will have the largest automotive gasket and seal market?
The Asia Pacific region will have the largest automotive gasket and seal market due to growing investment in automotive infrastructure and the rising automotive manufacturing industry in China, India, and Japan.
Which country will significantly demand automotive gaskets and seals in the APAC region?
China will hold the largest share of the automotive gasket and seal market due to the presence of major OEMs, the growing demand for premium vehicles, and government policies supporting vehicle production.
What are the key market trends impacting the growth of the automotive gasket and seal market?
Self-lubricating rubber (seal), Formed-in-Place (FIP) gaskets, Cured-in-Place (CIP) gaskets, and Formed-in-Place Foamed (FIPF) gaskets are the key market trends or technologies that will have a major impact on the automotive gasket and seal market in the future.

 

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Table of Contents

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PAGE NO

 

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Markets Covered
    1.3 Years Considered in the Report
    1.4 Currency & Pricing
    1.5 Package Size
    1.6 Limitation
    1.7 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
                    2.3.2.1 Key Industry Insights
    2.4 Factor Analysis
           2.4.1 Introduction
           2.4.2 Demand Side Analysis
                    2.4.2.1 Impact of GDP on Commercial Vehicle Sales
                    2.4.2.2 Urbanization vs. Passenger Cars Per 1000 People
                    2.4.2.3 Infrastructure: Roadways
           2.4.3 Supply Side Analysis
                    2.4.3.1 Vehicle Production Increasing in Developing Countries
           2.4.4 Technological Advancements
           2.4.5 Influence of Other Factors

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Market Opportunities in the Automotive Gasket & Seal Market
    4.2 Automotive Gasket & Seal Market, By Product Types
    4.3 Metallic Gaskets to Dominate the Automotive Gasket & Seal Market
    4.4 Automotive Gasket & Seal Market: Rapidly Growing Regions and Key Countries
    4.5 China Holds the Largest Share in the Automotive Gasket & Seal Market, Followed By the U.S.
    4.6 Automotive Gasket & Seal Market: Metallic Gaskets Have the Largest Market Size, By Value, in 2015
    4.7 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Technological Advancements
                    5.3.1.2 Increasing Vehicle Production Volume
           5.3.2 Restraint
                    5.3.2.1 Increasing Electrification of Vehicles
           5.3.3 Opportunity
                    5.3.3.1 Engine Downsizing & Lightweight Components Assemblies
           5.3.4 Challenges
                    5.3.4.1 Design and Installation Issues
                    5.3.4.2 Dependency on Tier-Ii Suppliers
           5.3.5 Burning Issue
                    5.3.5.1 Increasing Cost of Raw Material
    5.4 Value Chain Analysis
    5.5 Porter’s Five Forces Analysis
           5.5.1 Threat of Substitutes
                    5.5.1.1 Key Components
           5.5.2 Bargaining Power of Buyers
                    5.5.2.1 Reduction in Prices
           5.5.3 Threat of New Entrants
                    5.5.3.1 Initial Investment
                    5.5.3.2 Existing Competition
           5.5.4 Bargaining Power of Suppliers
                    5.5.4.1 Raw Material & Switching Cost
           5.5.5 Intensity of Competitive Rivalry
                    5.5.5.1 Presence of Several Tier-Ii Companies

6 Automotive Gasket & Seal Market, By Product Type (Page No. - 49)
    6.1 Introduction
    6.2 Gasket
           6.2.1 Metallic Gasket
           6.2.2 Non- Metallic Gasket
    6.3 Seal
           6.3.1 O-Ring Seal
           6.3.2 Lip Seal
           6.3.3 Rotary Seal
           6.3.4 Mechanical Seal

7 Automotive Gasket and Seal Market, By Vehicle Type (Page No. - 68)
    7.1 Introduction
           7.1.1 Passenger Car
           7.1.2 Light Commercial Vehicles
           7.1.3 Heavy Commercial Vehicles

8 Automotive Gasket and Seal Market, By Region (Page No. - 76)
    8.1 Introduction
    8.2 North America
           8.2.1 U.S.
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 Germany
           8.3.2 France
           8.3.3 U.K.
           8.3.4 Spain
    8.4 Asia-Pacific
           8.4.1 China
           8.4.2 Japan
           8.4.3 South Korea
           8.4.4 India
    8.5 Rest of the World
           8.5.1 Brazil
           8.5.2 Russia
    8.6 Pest Analysis
           8.6.1 Political Factors
           8.6.2 Economic Factors
           8.6.3 Social Factors
           8.6.4 Technological Factors

9 Competitive Landscape (Page No. - 116)
    9.1 Overview
    9.2 Market Share Analysis: Global Automotive Gasket & Seal Market
    9.3 Competitive Situation & Trends
    9.4 Battle for Market Share: New Product Launch Was the Key Strategy
    9.5 New Product Launches
    9.6 Agreements/Joint Ventures & Supply Contracts
    9.7 Expansions
    9.8 Acquisitions

10 Company Profiles (Page No. - 126)
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     10.1 Introduction
     10.2 AB SKF
     10.3 Dana Holding Corporation
     10.4 Federal-Mogul Holdings Corporation
     10.5 Freudenberg Sealing Technologies Gmbh & Co. Kg
     10.6 Flowserve Corporation
     10.7 Smiths Group PLC
     10.8 Trelleborg AB
     10.9 Elringklinger AG
     10.10 Datwyler Holding Inc.
     10.11 Victor Gaskets India Limited
*Details on Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not be Captured in Case of 
Unlisted Companies.

11 Appendix (Page No. - 160)
     11.1 Insights of Industry Experts
     11.2 Discussion Guide
     11.3 Introducing RT: Real Time Market Intelligence
     11.4 Available Customizations
     11.5 Related Reports


List of Tables (87 Tables)

Table 1 Automotive Gasket & Seal Market Size, By Product Type, 2013-2020 ($Million)
Table 2 Automotive Gasket & Seal Market Size, By Product Type, 2013-2020 (‘000 Units)
Table 3 Automotive Gasket Market Size, By Region, 2013-2020 ($Million)
Table 4 Automotive Gasket Market Size, By Region, 2013-2020 (‘000 Units)
Table 5 Gasket Market Size, By Product Type, 2013-2020 ($Million)
Table 6 Automotive Metallic Gasket Market Size, By Region, 2013-2020 ($Million)
Table 7 Automotive Metallic Gasket Market Size, By Region, 2013-2020 (‘000 Units)
Table 8 Automotive Metallic Gasket Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 9 Automotive Non-Metallic Gasket Market Size, By Region, 2013-2020 ($Million)
Table 10 Automotive Non-Metallic Gasket Market Size, By Region, 2013-2020 (‘000 Units)
Table 11 Automotive Non-Metallic Gasket Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 12 Automotive Seal Market Size, By Region, 2013-2020 ($Million)
Table 13 Automotive Seal Market Size, By Product, 2013-2020 ($Million)
Table 14 Automotive Seal Market Size, By Product, 2012-2019 (‘000 Units)
Table 15 Automotive O-Ring Seal Market Size, By Region, 2013-2020 ($Million)
Table 16 Automotive O-Ring Seal Market Size, By Region, 2013-2020 (‘000 Units)
Table 17 Automotive O-Ring Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 18 Automotive Lip Seal Market Size, By Region, 2013-2020 ($Million)
Table 19 Automotive Lip Seal Market Size, By Region, 2013-2020 (‘000 Units)
Table 20 Automotive Lip Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 21 Automotive Lip Rotary Seal Market Size, By Region, 2013-2020 ($Million)
Table 22 Automotive Rotary Seal Market Size, By Region, 2013-2020 (‘000 Units)
Table 23 Automotive Rotary Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 24 Automotive Mechanical Seal Market Size, By Region, 2013-2020 ($Million)
Table 25 Automotive Mechanical Seal Market Size, By Region, 2013-2020 (‘000 Units)
Table 26 Automotive Mechanical Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 27 Automotive Gasket and Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 28 Automotive Gasket and Seal Market Size, By Vehicle Type, 2013-2020 (‘000 Units)
Table 29 Passenger Car : Automotive Gasket and Seal Market Size, By Country, 2013-2020 ($Million)
Table 30 Passenger Car: Automotive Gasket and Seal Market Size, By Product Type, 2013-2020 ($Million)
Table 31 Lcv: Automotive Gasket and Seal Market Size, By Region, 2013-2020 ($Million)
Table 32 Lcv: Automotive Gasket and Seal Market Size, By Product Type, 2013-2020 ($Million)
Table 33 Hcv: Automotive Gasket and Seal Market Size, By Region, 2013-2020 ($Million)
Table 34 Hcv: Automotive Gasket and Seal Market Size, By Product, 2013-2020 ($Million)
Table 35 Automotive Gasket & Seal Market Size, By Region, 2013-2020 ($Million)
Table 36 Automotive Gasket & Seal Market Size, By Region, 2013–2020 (Million Units)
Table 37 North America: Automotive Gasket & Seal Market Size, By Country, 2013–2020 ($Million)
Table 38 North America: Automotive Gasket & Seal Market Size, By Product Type, 2013–2020 ($Million)
Table 39 U.S.: Automotive Gasket & Seal Market Size, By Product Type, 2013–2020 ($Million)
Table 40 U.S.: Automotive Gasket & Seal Market Size, By Product Type, 2013–2020 (‘000 Units)
Table 41 U.S.: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013–2020 ($Million)
Table 42 Canada: Automotive Gasket & Seal Market Size, By Product Type, 2013–2020 ($Million)
Table 43 Canada: Automotive Gasket & Seal Market Size, By Product Type, 2013–2020 (‘000 Units)
Table 44 Canada: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013–2020 ($Million)
Table 45 Mexico: Automotive Gasket & Seal Market Size, By Product Type, 2013–2020 ($Million)
Table 46 Mexico: Automotive Gasket & Seal Market Size, By Product Type, 2013–2020 (‘000 Units)
Table 47 Mexico: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013–2020 ($Million)
Table 48 Europe: Automotive Gasket & Seal Market Size, By Country, 2013–2020 ($Million)
Table 49 Europe: Automotive Gasket & Seal Market Size, By Product, 2013–2020 ($Million)
Table 50 Germany: Automotive Gasket & Seal Market Size, By Product, 2013–2020 ($Million)
Table 51 Germany: Automotive Gasket & Seal Market Size, By Product, 2013–2020 (‘000 Units)
Table 52 Germany: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013–2020 ($Million)
Table 53 France: Automotive Gasket & Seal Market Size, By Product, 2013–2020 ($Million)
Table 54 France: Automotive Gasket & Seal Market Size, By Product, 2013–2020 (‘000 Units)
Table 55 France: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013–2020 ($Million)
Table 56 U.K.: Automotive Gasket & Seal Market Size, By Product, 2013–2020 ($Million)
Table 57 U.K.: Automotive Gasket & Seal Market Size, By Product, 2013–2020 (‘000 Units)
Table 58 U.K.: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013–2020 ($Million)
Table 59 Spain: Automotive Gasket & Seal Market Size, By Product, 2013–2020 ($Million)
Table 60 Spain: Automotive Gasket & Seal Market Size, By Product, 2013–2020 (‘000 Units)
Table 61 Spain: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013–2020 ($Million)
Table 62 Asia-Pacific: Automotive Gasket & Seal Market Size, By Country, 2013-2020 ($Million)
Table 63 Asia-Pacific: Automotive Gasket & Seal Market Size, By Product Type, 2013-2020 ($Million)
Table 64 China: Automotive Gasket & Seal Market Size, By Product, 2013-2020 ($Million)
Table 65 China: Automotive Gasket & Seal Market Size, By Product, 2013-2020 (‘000 Units)
Table 66 China: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 67 Japan: Automotive Gasket & Seal Market Size, By Product, 2013-2020 ($Million)
Table 68 Japan: Automotive Gasket & Seal Market Size, By Product, 2013-2020 (‘000 Units)
Table 69 Japan: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 70 South Korea : Automotive Gasket & Seal Market Size, By Product, 2013-2020 ($Million)
Table 71 South Korea : Automotive Gasket & Seal Market Size, By Product, 2013-2020 (‘000 Units)
Table 72 South Korea: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 73 India : Automotive Gasket & Seal Market Size, By Product, 2013-2020 ($Million)
Table 74 India: Automotive Gasket & Seal Market Size, By Product, 2013-2020 (‘000 Units)
Table 75 India : Automotive Gasket & Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 76 RoW: Automotive Gasket & Seal Market Size, By Country, 2013-2020 ($Million)
Table 77 RoW: Automotive Gasket & Seal Market Size, By Product, 2013-2020 ($Million)
Table 78 Brazil: Automotive Gasket & Seal Market Size, By Product, 2013-2020 ($Million)
Table 79 Brazil: Automotive Gasket & Seal Market Size, By Product, 2013-2020 (‘000 Units)
Table 80 Brazil: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 81 Russia: Automotive Gasket & Seal Market Size, By Product, 2013-2020 ($Million)
Table 82 Russia: Automotive Gasket & Seal Market Size, By Product, 2013-2020 (‘000 Units)
Table 83 Russia: Automotive Gasket & Seal Market Size, By Vehicle Type, 2013-2020 ($Million)
Table 84 New Product Launches 2011–2014
Table 85 Agreements/Joint Ventures & Supply Contracts 2011-2014
Table 86 Expansions, 2011-2014
Table 87 Acquisitions, 2011–2014


List of Figures (57 Figures)

Figure 1 Research Design
Figure 2 Research Methodology Model
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Gross Domestic Product (Gdp) vs. Commercial Vehicle Production
Figure 5 Urbanization vs. Passenger Cars Per 1000 People
Figure 6 Road Network vs. Passenger Car Sales
Figure 7 Vehicle Production, 2009-2013
Figure 8 Micro and Macro Factor Analysis
Figure 9 Market Size Estimation Methodology: Bottom-Up Approach
Figure 10 Automotive Gasket & Seal Market Snapshot (2015 vs. 2020): The Gasket & Seal Market Will Grow at a High CAGR for the Next Five Years
Figure 11 Automotive Gasket & Seal Market Snapshot (2014): Asia-Pacific to Capture the Largest Market Share
Figure 12 Mechanical Seal to Grow at the Highest CAGR of 11.1% for the Next Five Years
Figure 13 China & U.S. to Hold the Largest Market Shares, 2014
Figure 14 Mechanical Seals to Grow at the Highest CAGR in the Automotive Gasket & Seal Market
Figure 15 China & India Grow at a Highest CAGR in Automotive Gasket & Seal Market From 2015 to 2020
Figure 16 China Accounts for 26.1% of the Automotive Gasket & Seal Market (2015)
Figure 17 Asia-Pacific is Estimated to Dominate the Automotive & Seal Market in 2015
Figure 18 Asia-Pacific to Continue to be in the Growing Stage
Figure 19 Global Automotive Gasket and Seal Market Segmentation
Figure 20 The Improving Quality and Effectiveness of Gaskets and Seals is Expected to Drive the Market
Figure 21 Value Chain Analysis
Figure 22 Porter’s Five Forces Analysis
Figure 23 in Terms of Product Type, the Metallic Gasket Dominates the Global Automotive Gasket & Seal Market
Figure 24 The North American Metallic Gasket Market Set to Grow at the Highest CAGR of 7.1%
Figure 25 Asia-Pacific to Capture Half of the Non- Metallic Gasket Market in 2015
Figure 26 O-Ring Seal Market ($Million): Asia-Pacific is Estimated to Grow at a Promising Rate
Figure 27 Asia-Pacific is the Fastest-Growing Segment in the Overall Lip Seal Market
Figure 28 The North American Rotary Seal Market is Set to Grow at the Highest CAGR of 7.2%
Figure 29 Mechanical Seal Market ($Million): Asia-Pacific is Estimated to Grow at a Promising Rate
Figure 30 Heavy Commercial Vehicles: the Fastest-Growing Vehicle Segment
Figure 31 Regional Snapshot (2015) – Rapid-Growth Markets Are Emerging as New Hotspots
Figure 32 North American Market Snapshot: Demand to be Driven By the Increasing Rate of Vehicle Production
Figure 33 Automotive Gasket and Seal Market : Country-Wise & By Product Type, in North American Market (2015 vs. 2020)
Figure 34 Automotive Gasket and Seal Market Split, By Product in Major European Markets (2015 vs. 2020)
Figure 35 Asia-Pacific Automotive Gasket and Seal Market Snapshot – China to Occupy a Largest Share of the Automotive Gasket and Seal Market in 2015
Figure 36 Automotive Gasket and Seal Market : Country-Wise & By Product Type, in Major Asia-Pacific Market (2015 vs 2020)
Figure 37 Companies Adopted New Product Launch as the Key Growth Strategy During 2011-2014
Figure 38 Flowserve Corporation Registered Steady Growth Between 2009 -2013
Figure 39 Automotive Gasket and Seal Market Share, By Key Players, 2013
Figure 40 Market Evaluation Framework: Product Launches Have Fuelled Market Growth From 2011 - 2014
Figure 41 Region-Wise Revenue Mix of Top Five Market Players
Figure 42 Competitive Benchmarking of Key Market Players (2008-2013): Dana Holdings Corporation is the Champion Owing to Its Diversified Automotive Products Portfolio
Figure 43 AB SKF: Company Snapshot
Figure 44 AB SKF : SWOT
Figure 45 Dana Holding Corporation : Company Snapshot
Figure 46 Dana Holding Corporation: SWOT
Figure 47 Federal-Mogul Holdings Corporation: Company Snapshot
Figure 48 Federal-Mogul Holdings Corporation: SWOT
Figure 49 Freudenberg Sealing Technologies Gmbh & Co. Kg : Company Snapshot
Figure 50 Freudenberg Sealing Technologies Gmbh & Co. Kg : SWOT
Figure 51 Flowserve Corporation: Company Snapshot
Figure 52 Flowserve Corp: SWOT
Figure 53 Smiths Group PLC : Company Snapshot
Figure 54 Trelleborg AB: Company Snapshot
Figure 55 Elringklinger AG : Company Snapshot
Figure 56 Datwyler Holding Inc.: Company Snapshot
Figure 57 Victor Gaskets India Limited: Company Snapshot

The study involved four major activities in estimating the current size of the automotive gasket and seal market. Exhaustive secondary research was done to collect information on the market, peer, and child markets. The next step was to validate these findings and assumptions and size them with industry experts across value chains through primary research. The top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, International Organization of Motor Vehicle Manufacturers (OICA), National Highway Traffic Safety Administration (NHTSA), International Energy Association (IEA)], articles, directories, technical handbooks, trade websites, technical articles, and databases (for example, Marklines, and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global automotive gasket and seal market.

Primary Research

Extensive primary research was conducted after understanding the scenario of the automotive gasket and seal market through secondary research. Several primary interviews were conducted with market experts from demand (OEMs) and supply (component manufacturers) across North America, Europe, Asia Pacific, and the Rest of the World. Approximately 51% and 49% of primary interviews were conducted on demand and supply sides. Primary data was collected through questionnaires, emails, and telephonic interviews.

In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in this report. After interacting with industry experts, brief sessions with highly experienced independent consultants were also conducted to reinforce the findings from primaries. This and the in-house subject-matter experts’ opinions led to the findings described in the remainder of this report.

Automotive Gasket and Seal Market Size, and Share

Note: Company tiers are based on the value chain; revenue of the company is not considered.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the automotive gasket and seal market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

Automotive Gasket and Seal Market : Top-Down and Bottom-Up Approach

Automotive Gasket and Seal Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

Automotive gaskets and seals are components used to prevent leakage of fluids and gases within vehicle systems, ensuring efficient operation. Gaskets are typically placed between two surfaces to create a seal, while seals are used to block gaps around moving parts, such as shafts or rotating elements.

Stakeholders

  • Automotive component manufacturers
  • Associations, forums, and alliances related to automobiles
  • Automobile organizations/associations
  • Automotive original equipment manufacturers
  • Automotive investors
  • Automotive gasket and seal manufacturers
  • EV battery manufacturers
  • EV charging equipment manufacturers
  • EV component manufacturers
  • EV manufacturers
  • Government agencies and policymakers
  • Raw material suppliers for automotive gaskets and seals
  • Traders and distributors of automotive gaskets and seals

Report Objectives

  • To analyze and forecast the automotive gasket and seal market in terms of value (USD million) from 2024 to 2030
  • To segment the market by type, gasket application, seal application, vehicle type, sales channel, and region
    • To segment and forecast the automotive gasket and seal market, by value, based on type (metallic gasket, non-metallic gasket, O-ring seal, mechanical seal, rotary/lip seal, and valve stem seal)
    • To segment and forecast the automotive gasket and seal market, by value, based on gasket application (cylinder head, exhaust manifold, and others)
    • To segment and forecast the automotive gasket and seal market, by value, based on seal application (cooling/HVAC, transmission, steering, engine, brake, and suspension)
    • To segment and forecast the automotive gasket and seal market, by value, based on vehicle type (passenger cars, light commercial vehicles, buses, and trucks)
    • To segment and forecast the automotive gasket and seal market, by value, based on sales channel (OEM, and aftermarket)
    • To segment and forecast the automotive gasket and seal market, by value, based on region (Asia Pacific, Europe, North America, and the Rest of the World)
  • To identify and analyze key drivers, challenges, restraints, and opportunities influencing the market growth
  • To strategically analyze the market for individual growth trends, prospects, and contributions to the total market
  • To study the following with respect to the market
    • Value Chain Analysis
    • Ecosystem Analysis
    • Technology Analysis
    • Trade Analysis
    • Investment and Funding Scenario
    • Pricing Analysis 
    • Case Study Analysis
    • Patent Analysis
    • Regulatory Landscape
    • Key Stakeholders and Buying Criteria
  • To strategically profile the key players and comprehensively analyze their market share and core competencies
  • To analyze the opportunities for stakeholders and the competitive landscape for market leaders
  • To track and analyze competitive developments such as deals, product launches/developments, expansions, and other activities undertaken by the key industry participants

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance with the company’s specific needs.

  • Additional Company Profiles (up to 5 companies)
  • Detailed Analysis of the Automotive gasket and seal Market, By Electric Vehicle Type
  • Detailed Analysis of the Automotive gasket and seal market, By Material type

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