According to the
study “North
America 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 drive the market for gaskets and
seals over the next few years. 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
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.
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 North
American gaskets and seals market. The major factors
affecting gaskets and seals market in North
America 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 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. North America accounts for a major share of the gaskets and seals
market on a global scale due to a huge demand from the automobile industry. The
demand for gaskets and seals will continue with the demand for automobiles over
the next few years.
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
