Dublin, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The "Automotive Gasket Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global automotive gasket market is on a growth trajectory, with an expected valuation of $3.5 billion by 2028, reflecting a robust compound annual growth rate (CAGR) of 5.4% from 2023 to 2028. Key drivers for this market include the expansion of vehicle production and the increasing enforcement of fuel efficiency regulations by governments worldwide.
Automotive Gasket Market Insights:
- Metallic Gaskets Take the Lead: Metallic gaskets are projected to be the highest growing segment over the forecast period, driven by their increasing use in various applications, such as heat exchangers, compressors, condensers, and valves.
- Passenger Cars Dominate: The passenger car segment is expected to remain the largest in this market, primarily due to the growing sales of passenger cars and the integration of advanced technologies like artificial intelligence, internet of things (IoT), connectivity, and human-machine interface in vehicles.
- APAC Leads the Way: Asia Pacific (APAC) is anticipated to maintain its position as the largest segment over the forecast period, owing to the significant growth of the automotive industry and the presence of numerous original equipment manufacturers (OEMs), tier players, and raw material suppliers in the region.
Features of the Automotive Gasket Market:
- Market Size Estimates: Comprehensive estimations of the automotive gasket market size in terms of value ($B).
- Trend and Forecast Analysis: A detailed analysis of market trends from 2017 to 2022 and forecasts spanning 2023 to 2028, covering various market segments and regions.
- Segmentation Analysis: Examination of the automotive gasket market size across various segments, including material, application, vehicle type, end-use industry, and region.
- Regional Analysis: In-depth insights into the breakdown of the automotive gasket market across North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Evaluation of growth prospects in different materials, applications, vehicle types, end-use industries, and regions within the automotive gasket market.
- Strategic Analysis: Insights into mergers and acquisitions, new product development, and the competitive landscape within the automotive gasket market.
- Competitive Intensity Analysis: Examination of the industry's competitive landscape using Porter's Five Forces model.
The global automotive gasket market is set to expand significantly, driven by the demand for gaskets in various applications within the automotive industry and the incorporation of advanced technologies into vehicles. Leading companies in this market are actively focusing on enhancing product quality, expanding manufacturing capabilities, investing in research and development, and optimizing their value chain integration to meet growing demand and ensure competitive effectiveness.
Key Topics Covered
1. Executive Summary
2. Global Automotive Gasket Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Automotive Gasket Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Automotive Gasket Market by Material
3.3.1: Metallic Gaskets
3.3.2: Elastomeric Gaskets
3.3.3 Other Gaskets
3.4: Global Automotive Gasket Market by Application
3.4.1: Inlet Section
3.4.2: Central Engine System
3.4.3: Exhaust Section
3.4.4: Transmission System
3.4.5: Battery
3.4.6: Others
3.5: Global Automotive Gasket Market by Vehicle Type
3.5.1: Passenger Cars
3.5.2 Commercial Vehicles
3.5.3 Medium & Heavy Duty Vehicles
3.6: Global Automotive Gasket Market by End Use Industry
3.6.1: OEM
3.6.2: Aftermarket
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Automotive Gasket Market by Region
4.2: North American Automotive Gasket Market
4.3: European Automotive Gasket Market
4.4: APAC Automotive Gasket Market
4.5: RoW Automotive Gasket Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Gasket Market by Material
6.1.2: Growth Opportunities for the Global Automotive Gasket Market by Application
6.1.3: Growth Opportunities for the Global Automotive Gasket Market by Vehicle Type
6.1.4: Growth Opportunities for the Global Automotive Gasket Market by End Use Industry
6.1.5: Growth Opportunities for the Global Automotive Gasket Market by Region
6.2: Emerging Trends in the Global Automotive Gasket Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Gasket Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Gasket Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Dana Incorporated
7.2: ElringKlinger AG
7.3: Talbros Automotive Components
7.4: Tenneco Incorporated
7.5: Nichias Corporation
7.6: Freudenberg Group
7.7: Yantai Ishikawa Sealing Technology
7.8: Kokusan Parts Industry
7.9: Nippon Leakless Corporation
For more information about this report visit https://www.researchandmarkets.com/r/d1dj8e
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