Automotive Gasket and Seal Market

The automotive gasket and seal market is predicted to reach USD 27.97 billion by 2030 from USD 28.10 billion in 2024 at a CAGR of -0.1%. Demand for automotive gaskets and seals is predicted to increase as global vehicle production and demand for fuel-efficient vehicles rise. The increasing adoption of PHEVs, as well as developments in gasket and seal technology targeted at enhancing vehicle performance and efficiency, are likely to considerably drive the automotive gasket and seal market. Furthermore, the increasing usage of lightweight vehicle components has raised the demand for high-quality gaskets and seals, which must withstand heat and pressure.

Key players dominating the automotive gasket and seal market include ElringKlinger AG (Germany), Dana Limited (US), NOK Corporation (Japan), Nippon Gasket Co., Ltd. (Japan), and Nippon Leakless Corporation (Japan). These industry leaders develop innovative products, implement expansion strategies, and foster collaborations, partnerships, mergers, and acquisitions to establish a strong foothold in the dynamically growing automotive gasket and seal market. The organic and inorganic strategies have helped the market players expand globally by providing advanced automotive pump solutions.

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ElringKlinger AG is a leading global provider of auto components, modules, and systems for the automotive industry, serving both passenger cars and commercial vehicles. The company specializes in lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and electric drive units catering to various drive systems. Its operations are divided into four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. Under its Original Equipment business segment, the company provides Metal Sealing Systems & Drivetrain Components. ElringKlinger focuses its R&D on future technologies, including fuel cells, batteries, electric drive units, and structural lightweight. The company provides sealing technology for various applications designed for leakproofing, advanced temperature, and acoustic management within vehicles. Its subsidiary, ElringKlinger Kunststofftechnik GmbH, also focuses on developing innovative gaskets. The company also offers engine, transmission, and exhaust system parts for vehicle repair in its aftermarket segment under the "Elring - Das Original" brand.

Dana Limited is a leading global manufacturer of power conveyance and energy-management solutions. It develops and supplies drive and motion products, sealing solutions (including gaskets, seals, cam covers, and oil pan modules), thermal management technologies, fluid power products, and electrification products for light, commercial, and off-highway vehicles. The company operates through four segments: Light Vehicle Drive Systems (Light Vehicle), Commercial Vehicle Drive and Motion Systems (Commercial Vehicle), Off-Highway Drive and Motion Systems (Off-Highway), and Power Technologies. Its brands, including Victor Reinz and Glaser®, provide automotive gaskets and sealing products in the aftermarket.

NOK Corporation manufactures and sells components for automobiles, electronic devices, and general industrial equipment. The company operates through three business segments: Seal, Electronic Parts, and Others. Its key products include oil seals for car engines and machinery and flexible printed circuits (FPCs) used in IT devices. Its sealing products include mechanical seals, lip seals, anti-corrosive seals, crescent-shaped seal rings, PTFE gas seals, and seals for piping joints. It holds about 70% of Japan's oil-seal market. Its customers include Aisin Corporation, Hitachi Astemo, Ltd., Honda Motor Co., Ltd., Volkswagen AG, and Denso Corporation.

Related Reports:

Automotive Gasket and Seal Market by Type (Gasket, Seal), Gasket Application (Cylinder Head, Exhaust Manifold), Seal Application (Cooling/HVAC, Transmission, Steering, Engine, Brake, Suspension), Vehicle Type, Sales Channel (OEM, Aftermarket), and Region - Global Forecast to 2030

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