Automotive Cylinder Head Gaskets Market is Forecasted to Reach US$ 0.8 billion in 2026, Says Stratview Research

The global automotive cylinder head gaskets market is projected to witness a growth rate of 5.9% annually from 2021 to 2026, with an anticipated size of US$ 0.8 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 cylinder head gaskets 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$ 0.8 billion
Growth (CAGR): 5.9% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 4
Number of Tables & Graphs: 100+

Segment Insights on the Automotive Cylinder Head Gaskets Market:
The global automotive cylinder head gaskets market is segmented based on vehicle type, material type, end-user type, and region.

Based on vehicle type - The automotive cylinder head gaskets market is segmented as passenger cars, light commercial vehicles (LCV), and medium- & heavy-duty commercial vehicles (M&HCV). Despite a drop in 2020, passenger cars are predicted to remain the largest as well as the fastest-growing vehicle type in the market during the forecast period. The expected recovery in the production of passenger cars has been accelerated by rising demand in developing countries, such as China and India. The development of powerful, compact, and highly efficient engines is the major factor behind the fastest growth of the passenger segment during the forecast period.

Based on the material type - The market is segmented into metallic head gaskets and other head gaskets. Metallic head gaskets are expected to remain the dominant material type in the market during the forecast period. It is a desirable material for high-performance applications owing to its strength, stiffness, and toughness. Key suppliers in the automotive gasket market have concentrated on the development of efficient gaskets and seals composed of high-quality materials and constructed to withstand high heat and pressure. Increasing demand for multi-layered steel cylinder head gaskets to fulfill the emergent needs of the new, advanced, and powerful automobile engines is boosting the demand for metallic head gaskets in the market.

Based on the end-user type - The market is segmented as OE and aftermarket. OE is expected to remain the larger segment of the market during the forecast period. The OE segment growth is analogous to organic growth in vehicle production, whereas the aftermarket segment growth is majorly dependent on the service life of the cylinder gasket. The average life of a cylinder head gasket is usually 200,000 miles in operation.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/2312/automotive-cylinder-head-gaskets-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 cylinder head gaskets during the forecast period. This growth outlook is majorly attributed to the following-
- Countries like China and India are the key growth engines of the region's market coupled with the presence of major OEMs, tier players, and raw material suppliers in the region.
- The automotive industry in Asia-Pacific has undergone one of the most profound transformations in its history.
- The market is gaining ground in terms of worldwide vehicle sales.

Automotive Cylinder Head Gaskets Market Drivers:

Some of the key drivers listed in the report are given below.
- Increasing development of energy-efficient, more powerful, advanced, compact, and lightweight engines is likely to create healthy growth opportunities.
- The requirement of high temperature and pressure resistance, excellent chemical resistance, highly reliable and durable cylinder head gaskets.

Top Companies in the Automotive Cylinder Head Gaskets Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Dana Incorporated
• ElringKlinger AG
• Talbros Automotive Components Ltd.
• Tenneco Incorporated
• Nichias Corporation
• Freudenberg Group
• Uchiyama Manufacturing Corporation
• Yantai Ishikawa Sealing Technology Co., Ltd.
• Nippon Gasket Co., Ltd.
• Kokusan Parts Industry Company Limited
• Nippon Leakless Corporation

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Automotive Cylinder Head Gaskets 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 Gaskets Market: https://www.stratviewresearch.com/2309/automotive-gaskets-market.html

• Automotive Engine Gaskets Market: https://www.stratviewresearch.com/2310/automotive-engine-gaskets-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.