Automotive Gasket and Seal Market worth $12,362 Million by 2020
The global Automotive Gasket and Seal Market estimated a market value of around $ 8,877.5 million by 2015 and poised to reach $12,362 Million by 2020 at a CAGR of 6.85% from 2015–2020.
(EMAILWIRE.COM, October 24, 2017 ) The report “Automotive Gasket & Seal Market by Product Type (Gasket, Metallic Gasket, Non Metallic Gasket, Seals, Mechanical Seals, O Ring Seals, Lip Seals & Rotary Seals), by Vehicle Type (PC, LCV & HCV), by Geography - Global Forecast & Analysis to 2020 ”, defines and segments the automotive gasket and seal market with analysis and forecast of the global volume and value.
Browse 87 market data tables and 57 figures spread through 250 pages and in-depth TOC on “Automotive Gasket & Seal Market - Global Forecast & Analysis to 2020 "
Download PDF Brochure:
http://www.marketsandmarkets.com/pdfdownload.asp?id=66737065
Early buyers will receive 10% customization on this report.
Asia-Pacific: A potential market and growing at a noteworthy rate
The Asia-Pacific region comprises of countries such as China, India, Japan, and South Korea. The region is dominated by developing countries including India and China, where the automotive industry is growing at a faster pace than other countries in region. Growth in the technological improvements in mechanical strength and sealing capabilities is expected to push the demand for high-performance and functional products used in the automotive industry. The automotive gasket and seal market of the Asia-Pacific region is projected to grow at a CAGR of 7.06% from 2015–2020.
Europe: Eastern Europe would be the upcoming potential market
Europe is a major hub for several renowned OEMs, which are known for delivering quality and high-performance vehicles. However, Eastern Europe still follows the western European countries such as the U.K., Germany, France, and Italy. This gives exposure to the OEMs to expand their footprints in Eastern Europe, which is expected to foster demand for automotive gaskets and seals in Europe. The European automotive gasket and seal market is projected to grow at a CAGR of 6.42% from 2015–2020.
North America: Mexico & Canada have emerged as growing automotive hubs
The North American region comprises of developed countries such as the U.S., Canada, and Mexico. However, the North American automotive gasket and seal market is dominated by the U.S., which is known as an automotive hub for renowned OEMs. The materials used in gasket fabrication have improved over time; silicone rubber has become a preferred material for gaskets and seals. Lightweight components in automobiles are sealed with high-strength gaskets and seals to endure high heat and pressure. This indirectly helps in improving fuel-efficiency of vehicles with increasing use of lightweight materials in vehicles. Furthermore, many OEMs are planning to set up vehicle production plants in Mexico and Canada, which in turn drives the demand for automotive gasket and seal market in the region. The North American automotive gasket and seal market is projected to grow at a CAGR of 7.33% from 2015–2020.
The report covers the global automotive gasket and seal market in terms of volume (thousands) and value ($million) across regions such as Asia-Pacific, Europe, North America, and Rest of the World (RoW). It explains qualitative and quantitative aspects of automotive gasket and seal. The report briefly explains the automotive gasket and seal market on the basis of region, product, and vehicle type from 2015–2020.
The report also offers an overview of the technical as well as other important aspects of the automotive gasket and seal market. This includes analysis of the industry value chain, Porter’s Five Forces analysis, PEST analysis, competitive landscape, and company profiles. In addition to this, 10 key players of the automotive gasket and seal industry have also been profiled.
Speak to Analyst:
http://www.marketsandmarkets.com/speaktoanalyst.asp?id=66737065
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Browse 87 market data tables and 57 figures spread through 250 pages and in-depth TOC on “Automotive Gasket & Seal Market - Global Forecast & Analysis to 2020 "
Download PDF Brochure:
http://www.marketsandmarkets.com/pdfdownload.asp?id=66737065
Early buyers will receive 10% customization on this report.
Asia-Pacific: A potential market and growing at a noteworthy rate
The Asia-Pacific region comprises of countries such as China, India, Japan, and South Korea. The region is dominated by developing countries including India and China, where the automotive industry is growing at a faster pace than other countries in region. Growth in the technological improvements in mechanical strength and sealing capabilities is expected to push the demand for high-performance and functional products used in the automotive industry. The automotive gasket and seal market of the Asia-Pacific region is projected to grow at a CAGR of 7.06% from 2015–2020.
Europe: Eastern Europe would be the upcoming potential market
Europe is a major hub for several renowned OEMs, which are known for delivering quality and high-performance vehicles. However, Eastern Europe still follows the western European countries such as the U.K., Germany, France, and Italy. This gives exposure to the OEMs to expand their footprints in Eastern Europe, which is expected to foster demand for automotive gaskets and seals in Europe. The European automotive gasket and seal market is projected to grow at a CAGR of 6.42% from 2015–2020.
North America: Mexico & Canada have emerged as growing automotive hubs
The North American region comprises of developed countries such as the U.S., Canada, and Mexico. However, the North American automotive gasket and seal market is dominated by the U.S., which is known as an automotive hub for renowned OEMs. The materials used in gasket fabrication have improved over time; silicone rubber has become a preferred material for gaskets and seals. Lightweight components in automobiles are sealed with high-strength gaskets and seals to endure high heat and pressure. This indirectly helps in improving fuel-efficiency of vehicles with increasing use of lightweight materials in vehicles. Furthermore, many OEMs are planning to set up vehicle production plants in Mexico and Canada, which in turn drives the demand for automotive gasket and seal market in the region. The North American automotive gasket and seal market is projected to grow at a CAGR of 7.33% from 2015–2020.
The report covers the global automotive gasket and seal market in terms of volume (thousands) and value ($million) across regions such as Asia-Pacific, Europe, North America, and Rest of the World (RoW). It explains qualitative and quantitative aspects of automotive gasket and seal. The report briefly explains the automotive gasket and seal market on the basis of region, product, and vehicle type from 2015–2020.
The report also offers an overview of the technical as well as other important aspects of the automotive gasket and seal market. This includes analysis of the industry value chain, Porter’s Five Forces analysis, PEST analysis, competitive landscape, and company profiles. In addition to this, 10 key players of the automotive gasket and seal industry have also been profiled.
Speak to Analyst:
http://www.marketsandmarkets.com/speaktoanalyst.asp?id=66737065
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results