Gaskets
and seals are the chief components used in automobiles to prevent any fluid and
gas leakage. They help in filling the gap between the various automotive
components to ensuring zero leakage. Seals majorly prevent the automotive
lubricants from escaping the bearings and also avoid dust and other
contaminants from entering the automobile machinery. Advanced technology is
involved in the manufacturing of gaskets and seals that offer as an effective
means to obtain better fuel economy providing less repair and maintenance
requirements. Gaskets and seals helps in the improvement of the average life
span of any automotive component. Moreover, there are stringent regulations related
to maximum limits on emissions as incorporated by global automotive agencies
that will surely drive the gaskets and seals market. Silicone rubber is a
lightweight material which is the preferred material used in the making of
gaskets and seals that will reduce the fuel cost and improve automobile
efficiency. Almost all the manufacturers worldwide are focusing on the
development of gaskets and seals materials that reduce the fuel requirement
which can also withstand high heat and pressure.
According
to the study “Global
Automotive Gasket and Seal Industry Situation and Prospects Research Report”,
advanced technology in automotive sector and the increasing need for better
fuel efficient parts and vehicle performance will propel the market for gaskets
and seals. Increasing use of gaskets and seals in automotive industry has led
to reduction in the maintenance cost of automobiles and improved the lifespan
of the automotive components. Majority of the gaskets and seals manufacturers
are focusing to improve the global fuel economy by introducing lightweight,
easy to assemble, heat resistant, pressure resistant and improved quality
products. Globally, gaskets and seals are manufactured using metallic and
non-metallic materials such as metal, plastic polymer, fiber, silicon and
rubber. This market will witness the
reign of metallic gasket in the future. The various applications of gaskets and
seals are cooling applications, transmissions, engine, brakes, fuel supply and
batteries. The various types of gaskets and seals are cylinder head gaskets,
o-ring seals, valve stem seals, vent seals, plug in seals and rotary seals.
Gaskets and seals are used in automobiles that are compact, mid-sized, premium,
luxury, commercial, heavy commercial vehicles, and highway vehicles.
Gaskets
and seals market is geographically spread across North America, Latin America,
Europe, Asia Pacific and the Middle East and Africa (MEA). Dana Limited,
Federal-Mogul Corporation, Trelleborg AB, Datwyler, Elringklinger, SKF AB,
Smiths Group plc, Freudenberg Sealing Technologies, Flowserve Corporation and
Victor Gaskets are the leading vendors in global gaskets and seals market. The
major factors affecting gaskets and seals market are decreased consumer
spending limit, consumers attracted towards low maintenance vehicles, easy
access to advanced technology, and awareness of modern automobile components.
Original
equipment manufacturers (OME) are investing in R&D to manufacture better
products due to the need to reduce global emissions and develop superior
quality automobile materials. Advanced technology in automobiles has increased
the complexities in engine design systems driving a growing adoption of more
advanced injection moulding systems. Seals manufactured using moulding
technique help in reducing friction and leakages which is the major factor that
will drive the growth of the automotive seals and gaskets market over the next
few years. There is an increasing use of metallic gaskets and seals in other
industries such as oil and gas, pharmaceutical, electronics, and automobile
that will continue driving the growth of rubber gaskets and seals market. With
the aforementioned facts the demand for metallic gaskets and seals will
continue in the automobiles sector over the next few years.
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Ankur Gupta, Head Marketing &
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