The Key Players in Automotive Seals and Gaskets Market

Thursday 12 February 2015, Amsterdam

TechNavio recognizes the following companies as the key players in the Global Automotive Seals and Gaskets Market: AB SFK, Dana Holding Corp., Freudenberg Sealing Technologies GmbH & Co. KG, Trelleborg AB, Dichtungstechnik G. Bruss Gmbh & Co. KG, ElringKlinger AG, Federal-Mogul Corp.,Henniges Automotive Sealing Systems North America Inc., Parker-Hannifin Corp., Sabo Kaco Sealing Systems Co. Ltd.

Commenting on the report, an analyst from TechNavio’s team said: “The upcoming trends in the automotive sector are downsizing and light weighing assemblies. Downsizing takes the efficiency of automotive engines to new levels. Along with downsizing, lightweight assemblies improve the fuel efficiency of the vehicle and lower gas emissions. Lightweight assemblies are achieved by replacing metal seals and gaskets with high-strength plastics, which can endure the heat and high pressure of the automotive components ”.

According to the report, an increase in the lifespan of automotive components and a decrease in maintenance costs are expected to drive the growth in this market. Seals and gaskets provide a stable environment for automotive components to operate, improving the vehicle's lifespan and reducing the expenses involved in maintenance.

Further, the report states that despite the presence of several growth drivers, the Global Automotive Seals and Gaskets market faces certain challenges. One of the key challenges is issues in the process of design, selection, and installation of seals and gaskets assemblies, which could result in expensive replacements.

The report also includes a discussion of the other vendors operating in this market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.