Press release
Automotive Gaskets And Seals Market Set to Witness Growth by 2025
Moreover, the stringent regulations regarding the maximum limit on emissions as incorporated by automotive agencies are further expected to drive the market. There has been an increasing usage of lightweight materials such as silicone rubber to further cut fuel cost and improve efficiency. The manufacturers are focusing on the development of materials that reduce the fuel requirement and can withstand high heat as well as pressure.
Automotive Gaskets and Seals Market Drivers
With the rapid technological advancements in vehicles sector and the growing need to attain better fuel efficiency and vehicle performance, the market for gaskets and seals is expected to grow significantly. Gaskets and seals usage has led to reduction in the maintenance cost of vehicles and has improved the lifespan of the automotive components.
With the increasing stringent emission regulations, the OEMs are focusing on the mandatory incorporation of gaskets and seals in vehicles, thus driving the global automotive gaskets and seals market.
The aftermarket sales channel is also a major revenue generating segment in the global automotive gaskets and seals market.
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Automotive Gaskets and Seals Market Trends
The manufacturers are focusing to further improve the fuel economy by introducing lightweight, easy to assemble and improved quality automotive gaskets and seals components.
Materials that can improve the fuel efficiency and can withstand high heat and pressure are gaining popularity in the global automotive gaskets and seals market.
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