Global AUTOMOTIVE GASKETS AND SEALS Market: Emerging Trends, Major Key Players Freudenberg Group and SKF Group

According to the report, The automotive gaskets and seals market was valued at USD 23 billion in 2020. The market is expected to reach USD 32 billion by 2026, by registering a CAGR of over 6% during the forecast period.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global AUTOMOTIVE GASKETS AND SEALS industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the AUTOMOTIVE GASKETS AND SEALS market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major AUTOMOTIVE GASKETS AND SEALS players holding highest market share include Freudenberg Group, SKF Group, Dana Incorporated, Elringklinger AG. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Freudenberg Group
• SKF Group
• Dana Incorporated
• Elringklinger AG
• Jayem Auto Industries
• Kunshan Sanwa Engine Parts Industry
• Sumitomo Riko

Segmental Analysis

Market Segment By Type with focus on market share, consumption trend, and growth rate of AUTOMOTIVE GASKETS AND SEALS Market:
• Gaskets
• Seals

Market Segment By Gasket Application Type with focus on market share, consumption trend, and growth rate of AUTOMOTIVE GASKETS AND SEALS Market:
• Cylinder Head
• Exhaust Manifold
• Other Application Types

Market Segment By Seals Application Type with focus on market share, consumption trend, and growth rate of AUTOMOTIVE GASKETS AND SEALS Market:
• Engine
• Transmission
• Steering
• Battery

Market Segment By Vehicle Type with focus on market share, consumption trend, and growth rate of AUTOMOTIVE GASKETS AND SEALS Market:
• Passenger Car
• Commercial Vehicle

Market Segment By Sales Channel Type with focus on market share, consumption trend, and growth rate of AUTOMOTIVE GASKETS AND SEALS Market:
• OEM
• Aftermarket

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Global AUTOMOTIVE GASKETS AND SEALS Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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