DUBLIN--(BUSINESS WIRE)--The "Global Automotive Seals and Gaskets Market - by Material, Product, Vehicle, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The global automotive seals and gaskets market will reach 92.9 billion USD by 2023 from 63.61 billion USD in 2017 with a CAGR of 6.52% during the period.
The growing demand for vehicles globally is a key factor for growth of the market. Due to technological advancements in vehicles sector and growing demand for better fuel efficiency and performance are driving the growth of the market. However, the high replacement costs of the components is hindering the growth of the market.
Asia-Pacific is expected to contribute major share in the market during the period. The rising demand for automotive industry in emerging economies like India and China is driving the market in this region. In North America, OEMs have decided to establish vehicle production plants in Mexico and Canada, which will drive the growth of the market. Japan and the Middle East and Africa are expected to grow at moderate rate in the near future
Industry Trends and Updates
- Federal-Mogul has launched a new product line of cylindrical components and gaskets, which are used in agricultural, construction and industrial vehicles.
- Dana Holding
- The SKF Group
- Smiths Group
- Freudenberg Sealing
- Trelleborg AB
- Blue Diamond
- Henniges Automotive
- Parker Hannifin
- Billi Dichtungstechnik
- and more...
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Automotive Seals and Gaskets Market Segmentation, Forecasts and Trends - by Material
6. Global Automotive Seals and Gaskets Market Segmentation, Forecasts and Trends - by Product
7. Global Automotive Seals and Gaskets Market Segmentation, Forecasts and Trends - by Vehicle
8. Global Automotive Seals and Gaskets Market Segmentation, Forecasts and Trends - by Region
9. Company Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global Automotive Seals and Gaskets Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/zvvbvs/global_automotive?w=4