Automotive Engine Seals Market Growth Analysis (2021-2026)

Automotive Engine Seals Market Growth Analysis (2021-2026)

Automotive Engine Seals Market Growth Analysis (2021-2026)
Report code - SR1115 Published On : Aug,2021 No. of Pages: 120
Automotive Engine Seals Market Size, Share, Trend, Forecast, Competitive Analysis, and Gro See more...

Market Highlights

"The global automotive engine seals market is likely to rebound at a significant CAGR of 4.5% to reach a value of US$ 4.0 billion by 2026."

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The automotive industry has been the most potentially disruptive journey in the decade. Engine, the most crucial part of the vehicles, has been under immense pressure due to the implementation of stringent regulations, such as CAFÉ Standards. All the automakers are joining efforts with the engine manufacturers to unravel the challenges including the development of fuel-efficient engines. Seals could not escape from this trend and have been witnessing a paradigm shift concerning design, material, process, geometry, etc.

Automotive engine seals ensure no leakage of fluids, coolant, oil, and air from external or internal passages of the internal combustion engine. The head gasket is the most vital engine seal that absorbs all the vehicle engine heat and compression. These seals are required to be reliable, long-lasting, and able to survive against heavy-duty use and extreme vibrations made by the engine.

Automotive Engine Seals Market Report Overview

Market Size in 2026

USD 4.0 Billion

Market Growth (2021-2026)

CAGR of 4.5%

Base Year of Study

2020

Trend Period

2015-2019

Forecast Period

2021-2026

Segment Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

Vehicle -Type Analysis

Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Commercial Vehicle

Passenger cars are expected to remain the largest market segment during the forecast period.

Product-Type Analysis

O-rings, Gaskets, Lip Seals, and Others

Gasket is expected to remain the dominant product type in the market during the forecast period.

Regional Analysis

North America, Europe, Asia-Pacific, and Rest of the World

Asia-Pacific is expected to remain the largest market for automotive engine seals during the forecast period.

Vehicle Trends

"Passenger cars segment accounted for the largest market share."

The automotive engine seals market is segmented as passenger cars, light commercial vehicles (LCVs), medium- & heavy-duty commercial vehicles (MHCVs). Despite a hefty decline amid the pandemic, passenger cars are expected to remain the largest market segment during the forecast period. The vehicle type is also estimated to grow at the fastest rate during the same period. A continuous shift from traditional vehicles to electric vehicles negatively impacts the demand for engine application seals. Stringent regulations, such as CAFÉ standards, are compelling automakers to develop vehicles offering greater fuel efficiency. All the crucial components are under scrutiny intending to shed off weight. Seals are also on the radar of tier players, with OEMs asking for lightweight seals.

Product Trends

"Gasket segment accounted for the largest market share."

The market is segmented into o-rings, gaskets, lip seals, and others. Gasket is expected to remain the dominant product type in the market during the forecast period. Cylinder heads prove to be the major application of gaskets in automotive engines. There have been remarkable improvements in the cylinder heads over the years, making reciprocal changes in the design, material, process, etc. in cylinder head gaskets.

Regional Insights

"Asia-Pacific accounted for the largest market share."

Asia-Pacific is expected to remain the largest market for automotive engine seals during the forecast period. This region is a manufacturing hub of automobile assembly with a large number of OEMs such as Toyota and Hyundai. Furthermore, the domestic demand for automobiles is growing at a rapid pace, especially in the developing Asian economies, particularly in China and India. All the major engine manufacturers have a presence in the region to serve the growing demand.

Automotive-Engine-Seals-Market-Regional-Insights

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Key Players

The following are the key players in the automotive engine seals market.

  • AB SKF
  • Dana Incorporated
  • Datwyler Holding
  • Elringklinger AG
  • Federal-Mogul Corporation
  • Flowserve Corporation
  • Freudenberg Group
  • Hutchinson S.A.
  • Meccanotecnica Umbra S.p.A.
  • Smiths Group PLC
  • Trelleborg AB

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What deliverables will you get in this report?

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth Analysis of the Automotive Engine Seals Market

How lucrative is the future?

Market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional and country-level historical data and forecasts

Which are the most attractive market segments?

Market segment analysis and Forecast

Which are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

10% free customization

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The automotive engine seals market is segmented into the following categories:

By Vehicle Type

  • Passenger Car
  • Light Commercial Vehicle
  • Medium- & Heavy-Duty Commercial Vehicle

By Material Type

By Product Type

  • O-rings
  • Gaskets
  • Lip Seals
  • Others

By Motion Type

  • Static Seals
  • Linear Seals
  • Rotary Seals

By Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Russia, and the Rest of Europe)
  • Asia-Pacific (Country Analysis: India, Japan, China, and the Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

Automotive-Engine-Seals-Market-Report-Features

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s automotive engine seals market realities and future market possibilities for the forecast period of 2021 to 2026. After a continuous interest in our market report from the industry stakeholders, we have tried to further accentuate our research scope to the automotive engine seals market in order to provide the most crystal-clear picture of the market. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

Frequently Asked Questions (FAQs)

The automotive industry has been the most potentially disruptive journey in the decade. Engine, the most crucial part of the vehicles, has been under immense pressure due to the implementation of stringent regulations, such as CAFÉ Standards. All the automakers are joining efforts with the engine manufacturers to unravel the challenges including the development of fuel-efficient engines. Seals could not escape from this trend and have been witnessing a paradigm shift concerning design, material, process, geometry, etc. Automotive engine seals ensure no leakage of fluids, coolant, oil, and air from external or internal passages of the internal combustion engine. The head gasket is the most vital engine seal that absorbs all the vehicle engine heat and compression. These seals are required to be reliable, long-lasting, and able to survive against heavy-duty use and extreme vibrations made by the engine.

The automotive engine seals market is estimated to grow at a CAGR of 4.5% by 2026.

The automotive engine seals market will reach 4.0 Bn US$ by 2026.

AB SKF, Dana Incorporated, Datwyler Holding, Elringklinger AG, Federal-Mogul Corporation, Flowserve Corporation, Freudenberg Group, Hutchinson SA, Smiths Group PLC, and Trelleborg AB are the leading players in the market.

Asia-Pacific is estimated to remain dominant in the automotive engine seals market in the foreseen future, driven by China, Japan, India, and South Korea.

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