Global Automotive Seals and Gaskets Market Growth 2019-2024

Automotive seals and gaskets is the system used to filling gap, absorbing shock, isolating noise and offsetting deviation in the automotive. Automotive seals and gaskets can be divided into body sealing system and components sealing system.
The automotive seals and gaskets industry has got a steady positive development in the past five years. From 2010-2015 the average growth rate of global production of automotive seals and gaskets is 5.31% %. In 2010, the global production of component sealing product is over 3.12 million units, while in 2014, the total production is over 3.56 million units. In 2010, the global production of body sealing product is over 3100 million meters, while in 2014, the total production is over 4100 million meters.
Global automotive seals and gaskets industry is highly concentrated. In component sealing product, the top six manufacturers control over 54.17% of the global market share(NOK, Federal-mogul, Freudenberg, Elringklinger, Dana, SKF), in body sealing product, the top six manufacturers control over 66.84% of the global market share(Cooper Standard, Toyoda Gosei, Hutchinson, Nishikawa, Standard Profil, Henniges).
China remains the largest market for automotive seals and gaskets production. In component sealing product, China has a market share of 28.19%, followed by Europe and North America. In body sealing product, China has a market share of 24.07%, followed by Europe and North America. Chinese vehicle production market share is over 26% of the global vehicle market in 2015, which drives the demand of automotive seals and gaskets in China.

According to this study, over the next five years the Automotive Seals and Gaskets market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Seals and Gaskets business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Seals and Gaskets market by product type, application, key manufacturers and key regions and countries.

This study considers the Automotive Seals and Gaskets value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Body Sealing System
Components Sealing System
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Cooper Standard
Toyoda gosei
Hutchinson
Nishikawa
Standard Profil
Henniges
Kinugawa
Hwaseung R&A
Guihang
Minth Group
Xiantong
Faltech
Jianxin Zhao's
Jiaxuan
Brilliance
Haida

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automotive Seals and Gaskets consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Seals and Gaskets market by identifying its various subsegments.
Focuses on the key global Automotive Seals and Gaskets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Seals and Gaskets with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Seals and Gaskets submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.