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Automotive Gaskets And Seals Market 2023 : Trends, Business Growth And Major Driving Factors | Freudenberg, Elringklinger, Dana, SKF, Trelleborg, Tenneco(Federal-Mogul), and Flowserve Corporation.
Automotive Gaskets And Seals Market
As per the automotive gaskets and seals market report by The Business Research Company, the increase in demand for electric vehicles is driving the automotive gaskets and seals market.
The global automotive gaskets and seals market size grew from $16.29 billion in 2022 to $17.33 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive gaskets and seals market size is expected to grow to $22.34 billion in 2027 at a CAGR of 6.6%.
Read More On The Automotive Gaskets And Seals Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-gaskets-and-seals-global-market-report
Major players in the automotive gaskets and seals market are Freudenberg, Elringklinger, Dana, SKF, Trelleborg, Tenneco(Federal-Mogul), and Flowserve Corporation.
The Automotive Gaskets And Seals market is segmented -
1) By Material: Fiber, Graphite, PTFE, Rubber, Silicones
2) By Product Type: Gaskets, Seals
3) By End Use: Automotive, Aerospace, Machinery, Electronics & Electrical, Marine & Rail
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Automotive gaskets and seals refer to components that are utilized between rotating engine parts, pumps, and shafts and are employed as static seals whenever a union or flange is needed to prevent leakage, as opposed to gaskets, which seal connections between two components or flanges with flat surfaces. Gaskets are usually used as static seals to seal a connection between two components that have flat surfaces, whereas seals are used between engine parts that rotate. Both gaskets and seals offer high flexibility, reliability, strength, and resistance to extreme heat. They can also sustain extreme pressures, compressive loads, and temperature variations.
The Table Of Content For The Automotive Gaskets And Seals Market Include:
1. Executive Summary
2. Automotive Gaskets And Seals Market Characteristics
3. Automotive Gaskets And Seals Market Trends And Strategies
4. Automotive Gaskets And Seals Market - Macro Economic Scenario
5. Automotive Gaskets And Seals Market Size And Growth
……
27. Automotive Gaskets And Seals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Gaskets And Seals Market
29. Automotive Gaskets And Seals Market Future Outlook and Potential Analysis
30. Appendix
The "Global Automotive Gaskets And Seals Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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