The Automotive Seals Market is segmented, by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium- Heavy-Duty Commercial Vehicle), by Application Type (Engine System, Transmission System, Brake Suspension System, Body Structure, and Others), by Material Type (Elastomer Seals, Thermoplastic Seals, Metal Seals), by Product Type (O-rings, Gaskets, Profile Seals, Lip Seals, and Others), by Motion Type (Static Seals, Linear Seals, and Rotary Seals), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The Automotive Seals Market was estimated to grow at a healthy CAGR of 4.2% over the next five years to reach US$ 18.6 Billion in 2026.
What are Seals?
Seals are used to serve a multitude of functions including joining the joints, prevention of leakage, and exclusion of unnecessary particles. In the automotive industry, seals are used in many parts of a vehicle for filling the gap between two components to make sure that there is no leakage between them during the compression stage. Automotive seals come in different shapes and sizes and they are used in induction sealing, heating, stuffing, and adhesion of various parts in automobiles. The choice of materials to manufacture seals depends on the application and its requirements.
Seals are small in size but undoubtedly one of the major components, especially where there is a greater need for high-temperature resistance and excellent corrosion resistance. The selection of material is dependent on several parameters including temperature resistance, lightweight, durability, strength, etc. Thermoplastics are gaining traction in the market because of their enormous advantages over others.
The market is segmented as Passenger car, Light Commercial Vehicle (LCV), Medium- Heavy-Duty Commercial Vehicle (MHCV). Despite taking a nosedive in 2020, Passenger Car is expected to remain the largest as well as the fastest-growing vehicle type in the market during the forecast period. Huge passenger car production coupled with the growing use of seals remain the key growth propellor of the market in the long run.
The market is segmented as Engine System, Transmission System, Brake Suspension System, Body Structure, and Others. Body Structure is expected to remain the largest segment of the market in the coming five years. The transmission System is the fastest-growing segment of the market during the forecast period. These Seals are used in a wide spectrum of engine applications and are designed to withstand high temperatures.
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