Automotive Gaskets Market Research Report Information By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Vehicle), By Material Type (Metallic Gaskets, Elastomeric Gaskets, Others), By Application Type (Inlet Section, Central Engine System, Exhaust Section, Transmission System, Battery, Others), By End-User Type (OEM, Aftermarket) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Global Automotive Gaskets Market Overview

Automotive Gaskets Market Size was valued at USD 27.8 Billion in 2023. The Automotive Gaskets market industry is projected to grow from USD 29.4 Billion in 2024 to USD 44.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.10% during the forecast period (2024 - 2032). With the rise of EVs, there is a shift toward new sealing requirements for battery enclosures, cooling systems, and different additives, stimulating innovation in gasket materials and designs, which is one of the key market drivers enhancing market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Automotive Gaskets Market Trends

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  Growing demand for electric vehicles (EVs) is driving the market growth

  
  

Market CAGR for the Automotive Gaskets is driven by the growing demand for electric vehicles (EVs). The escalating call for Electric Vehicles (EVs) is revolutionizing the requirements for gasket solutions. As the automotive industry pivots in the direction of electrification, there may be a surge in the need for specialized gaskets to seal essential components in EVs, such as battery enclosures and cooling structures. According to research from BloombergNEF, electric-powered motors are projected to account for over half of global passenger car sales through 2040, highlighting the full-size possibility for gasket manufacturers to innovate and cater to this burgeoning phase with tailor-made sealing answers.

Moreover, concurrently, the relentless surge in vehicle production is a number one catalyst propelling the demand for gaskets on an international scale. With emerging economies emerging as automotive manufacturing powerhouses and established markets experiencing sustained increases, there is an unceasing requirement for sealing answers throughout various car additives. Data from the International Organization of Motor Vehicle Manufacturers (OICA) reveals that global automobile manufacturing exceeded 90 million gadgets in 2021, illustrating the integral role of gaskets in ensuring the seamless operation of motors and similarly stimulating the automobile gaskets market.

Additionally, the landscape of gasket materials is witnessing a paradigm shift pushed by relentless technological improvements. Manufacturers are channeling considerable investments into research and development to craft gaskets imbued with superior residences, including enhanced durability, temperature resistance, and sealing abilities. Cutting-area substances, along with fluoroelastomers, silicone, and PTFE (polytetrafluoroethylene), are gaining prominence as a result of their capability to withstand rigorous operating conditions. Thus, driving the Automotive Gaskets market revenue.

Automotive Gaskets Market Segment Insights

Automotive Gaskets Vehicle Type Insights

The Automotive Gaskets Market segmentation, based on Vehicle Type, includes Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Vehicle. In 2023, the Passenger Car segment dominated the market. Passenger cars commonly have a higher number of gaskets according to car as compared to different car segments, which include commercial motors or motorcycles. This is due to the complexity of passenger vehicle engines and the numerous subsystems that require sealing, which includes the engine, transmission, exhaust, and cooling systems.

Automotive Gaskets Material Type Insights

The Automotive Gaskets Market segmentation, based on Material Type, includes Metallic Gaskets, Elastomeric Gaskets and Others. In 2023, the Elastomeric Gaskets category generated the most income. Elastomeric gaskets provide a huge range of benefits, including flexibility, resilience, and compatibility with numerous operating situations, making them appropriate for sealing applications throughout distinctive car systems. These gaskets are generally used in essential sealing points within engines, transmissions, and other car additives because of their capability to face fluctuations in temperature, pressure, and chemical publicity. As vehicles become more complicated and superior, the demand for reliable sealing answers supplied via elastomeric gaskets continues to rise, using the class's income increase.

Figure 1: Automotive Gaskets Market, by Material Type, 2024 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Automotive Gaskets Application Type Insights

The Automotive Gaskets Market segmentation, based on Application Type, includes Inlet Section, Central Engine System, Exhaust Section, Transmission System, Battery, and Others. In 2023, the Inlet Section generated the most income. The Inlet Section is a crucial thing in automotive engines, responsible for regulating the waft of air into the combustion chamber. As engine generation keeps improving, there's a developing emphasis on optimizing air intake structures to enhance engine overall performance, gasoline efficiency, and emissions management. This heightened recognition of engine performance and performance has brought about elevated investments within the design and development of superior inlet sections, inclusive of consumption manifolds and associated gaskets. Consequently, the demand for extraordinary gaskets for the Inlet Section has surged, riding the profits boom in this class.

Automotive Gaskets End-User Type Insights

The Automotive Gaskets Market segmentation, based on End-User Type, includes OEM and Aftermarket. In 2023, The OEM category generated the most income. Original Equipment Manufacturers supply gaskets directly to automakers for set up in new motors throughout the production process, therefore taking pictures of a great part of the marketplace proportion and generating widespread earnings.

Automotive Gaskets Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Automotive Gaskets market area will dominate this market. North America boasts robust automotive manufacturing surroundings, with mounted OEMs (Original Equipment Manufacturers) and a network of providers catering to the domestic and global markets. The location's automotive industry benefits from advanced production competencies, technological innovation, and skilled personnel, enabling it to produce a wide range of motors, from passenger cars to commercial vans and strong point automobiles. This colorful car manufacturing panorama drives a sizeable demand for car gaskets to help car manufacturing and aftermarket providers, positioning North America as a dominant force within the Automotive Gaskets Market.

Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Automotive Gaskets Market Share By Region 2024 (Usd Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Automotive Gaskets market accounts for the second-largest market share. Europe is domestic to a number of the world's main automotive producers, with a strong presence of renowned OEMs (Original Equipment Manufacturers), which include Volkswagen, BMW, Mercedes-Benz, and others. These automakers produce a huge range of motors, from luxury vehicles to business motors, requiring a diverse array of gaskets for sealing essential components. The place's car industry's emphasis on fine, innovation, and performance drives the demand for great gaskets that meet stringent requirements for sturdiness, reliability, and environmental sustainability. This sturdy demand from OEMs contributes notably to the European Automotive Gaskets marketplace's massive market share. Further, the German Automotive Gaskets market held the largest market share, and the UK Automotive Gaskets market was the fastest growing market in the European region.

The Asia-Pacific Automotive Gaskets Market is expected to grow at the fastest CAGR from 2024 to 2032. The Asia-Pacific area is witnessing a robust boom in automobile production, fueled by growing financial improvement and urbanization. As the most important automobile marketplace globally, Asia-Pacific presents huge opportunities for car gasket manufacturers to cater to the desires of OEMs and aftermarket segments. Moreover, China’s Automotive Gaskets market held the largest market share, and the Indian Automotive Gaskets market was the fastest growing market in the Asia-Pacific region.

Automotive Gaskets Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Automotive Gaskets market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Automotive Gaskets industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Automotive Gaskets industry to benefit clients and increase the market sector. In recent years, the Automotive Gaskets industry has offered some of the most significant advantages to the automotive industry. Major players in the Automotive Gaskets market, including Dana Incorporated, ElringKlinger AG, Talbros Automotive Components Ltd., Tenneco Incorporated, Nichias Corporation, Freudenberg Group, Uchiyama Manufacturing Corporation, Yantai Ishikawa Sealing Technology, Nippon Gasket Co., Ltd., Kokusan Parts Industry Company Limited, Nippon Leakless Corporation, and others, are attempting to increase market demand by investing in research and development operations.

Dana is a worldwide leader in drivetrain and e-propulsion systems, supplying pretty engineered solutions for a huge range of car programs. With a record spanning over a century, Dana has established itself as a depended-on accomplice to car producers, industrial automobile fleets, and off-dual carriageway gadget producers internationally. The organization's comprehensive portfolio includes axles, driveshafts, transmissions, sealing answers, thermal management structures, and electric-powered propulsion technologies, catering to each traditional internal combustion engine vehicle and the swiftly developing electric-powered car market. Leveraging its information in engineering, production, and innovation, Dana is at the forefront of shaping the future of mobility, using advancements in performance, sustainability, and vehicle performance.

ElringKlinger is a main global dealer of excessive-overall performance gaskets, sealing answers, and lightweight additives for the automobile enterprise. With a wealthy background spanning over 140 years, ElringKlinger has earned a reputation for excellence in engineering and manufacturing, handing over revolutionary solutions that meet the evolving needs of car OEMs worldwide. The company's product portfolio includes a huge range of gaskets, which include cylinder head gaskets, exhaust gadget gaskets, and specialty sealing answers designed to withstand severe temperatures, pressures, and environmental conditions. Committed to sustainability and technological advancement, ElringKlinger is driving innovation in substances technology and manufacturing methods to broaden lightweight, durable, and green solutions that optimize automobile overall performance and performance.

Key Companies in the Automotive Gaskets market include

• Dana Incorporated


• ElringKlinger AG


• Talbros Automotive Components Ltd.


• Tenneco Incorporated


• Nichias Corporation


• Freudenberg Group


• Uchiyama Manufacturing Corporation


• Yantai Ishikawa Sealing Technology


• Nippon Gasket Co., Ltd.


• Kokusan Parts Industry Company Limited


• Nippon Leakless Corporation

Automotive Gaskets Industry Developments

August 2022: HMF FlatSealTM, a new line of flat gasket materials from Trelleborg Sealing Solutions, is designed to effectively seal against static in both high- and low-temperature applications. The selection comprises specialised materials for use in the oil and gas, food and beverage, chemical processing, aerospace, automotive, and pharmaceutical sectors with severe chemicals and media.

Automotive Gaskets Market Segmentation

Automotive Gaskets Vehicle Type Outlook

• Passenger Car


• Light Commercial Vehicle


• Medium- & Heavy-Duty Vehicle

Automotive Gaskets Material Type Outlook

• Metallic Gaskets


• Elastomeric Gaskets


• Other

Automotive Gaskets Application Type Outlook

• Inlet Section


• Central Engine System


• Exhaust Section


• Transmission System


• Battery


• Others

Automotive Gaskets End-User Type Outlook

• OEM


• Aftermarket

Automotive Gaskets Regional Outlook

North America

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  Middle East
  
  


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  Africa
  
  


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  Latin America