Automotive Polymer Seals Market is Forecasted to Reach US$ 17.2 billion in 2026, Says Stratview Research

The global automotive polymer seals market is projected to witness a growth rate of 4.3% annually from 2021 to 2026, with an anticipated size of US$ 17.2 billion by 2026, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global automotive polymer seals market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2026: US$ 17.2 billion
Growth (CAGR): 4.3% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 6
Number of Tables & Graphs: 100+

Segment Insights on the Automotive Polymer Seals Market:
The global automotive polymer seals market is segmented based on vehicle type, application type, material type, product type, motion type, and region.

Based on vehicle type - The automotive polymer seals market is segmented into passenger cars, light commercial vehicles (LCVs), and Medium- & and heavy-duty Commercial vehicles (MHCVs). Seemingly, the passenger car is estimated to maintain its dominance in the market in the foreseeable future. Among all the applications across industries including aircraft, rail, marine, etc., passenger cars are the biggest demand generator for seals. It is also estimated that the passenger car segment will grow at the highest pace among all vehicles in the coming five years, creating gargantuan opportunities in years to come.

Based on the application type - The market is segmented as Engine System, Transmission System, Brake & Suspension System, Body Structure, and Others. In this segment, body structure holds the market dominance, whereas transmission system is the fastest-growing application type. The engine is another promising application of seals with cylinder head gaskets and specialty gaskets are promising applications. The organic growth of the automotive industry coupled with a paradigm shift towards the use of lightweight seals is likely to drive the demand for polymer seals in all the major automotive applications.

Based on the material type - The market is segmented into elastomer seals and thermoplastic seals. Elastomers are the materials of choice for seals' manufacturing; however, there has been a gradual shift toward the use of thermoplastic seals in challenging applications. Thermoplastic seals are gaining ground in the wake of their greater mechanical performance and exceptional strength. Furthermore, these seals are extremely resilient and can be repeatedly stretched to at least twice their initial length with full rapid recovery. Major seals manufacturers have been focusing on the development of seals made from thermoplastics aiming to endure high heat and pressure.

Based on the product type - The market is segmented as O-rings, Gaskets, Profile Seals, Lip Seals, and Others. Profile seals are estimated to remain the most dominant product type in the market over the next five years. Automotive profile seals are used around the doors and windows of automobiles to keep the dust and water out of the vehicle. These seals need to be unaffected by climatic conditions and varying temperatures. Lip seals, another major segment, are likely to witness the highest growth in the coming five years.

Based on the motion type - The market is segmented into static seals, linear seals, and rotary seals. Static is expected to remain the most dominant motion type for seals in the polymer category. Major seal types used in the automotive industry, such as o-rings and gaskets, are static. Static seals are used where two mating surfaces or edges require positive sealing and as the name suggests remain stationary and subjected to no movement and its related friction. The rotary shaft seal is used to exclude dirt, dust, water, or other particles while retaining lubricant in rotary shaft equipment..

To know the most attractive segments, visit:
https://www.stratviewresearch.com/1954/automotive-polymer-seals-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to remain the largest market for automotive polymer seals during the forecast period. This growth outlook is majorly attributed to the following-
- Most of the polymer seals suppliers have their presence in the region to address the emergent needs of OEMs and to be the partners for their upcoming automotive programs or upcoming fuel-efficient variants of existing automotive programs.

Automotive Polymer Seals Market Drivers:

Some of the key drivers listed in the report are given below.
- Rising vehicle production, increasing demand for fuel efficiency, and stringent emission regulations.
- Advancements in lightweight and durable sealing materials and growing adoption of electric vehicles.

Top Companies in the Automotive Polymer Seals Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Toyoda Gosai Co., Ltd.
• Cooper Standard Automotive Inc.
• Saint-Gobain
• Dana Incorporated
• AB SKF
• Freudenberg Group
• Trelleborg AB
• Elringklinger AG
• Flowserve Corporation
• Parker-Hannifin Corporation

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Automotive Polymer Seals Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Automotive Seals Market: https://www.stratviewresearch.com/1951/automotive-seals-market.html

• Seals Market: https://www.stratviewresearch.com/2936/seals-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.