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Base Year: 2024
Companies covered: 21
Tables & Figures: 200
Countries covered: 21
Pages: 180
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Automotive Seals and Gaskets Market
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Automotive Seals and Gaskets Market Size
The global automotive seals and gaskets market was valued at USD 26.2 billion in 2024 and is projected to grow at a CAGR of 4.7% between 2025 and 2034. The expansion of the EV market is one of the primary drivers of market growth since EVs impose unique and specific requirements, such as thermal management, which is not present in internal combustion engine (ICE) vehicles.
For instance, as stated by the International Energy Agency (IEA), almost 14 million new electric cars were registered globally in 2023, bringing the total number of electric vehicles on the roads to 40 million. The sales of electric cars in 2023 were 3.5 million units higher than in the year of 2022, which is a 35% increase year over year.
Furthermore, the rapid increase in the number of EVs on the road is substantially increasing the demand for the development of high-performance seals and gaskets, which are necessary to provide immersion insulation, mechanical stability, and scalability of the sophisticated systems. Specialized products such as silicone and modern composites for gaskets and seals are readily used due to the lightweighting necessity of EVs. With the assistance of government subsidies and a growing interest in sustainable transport, the production of EVs, and consequently, the market for specialized seals and gaskets is skyrocketing.
In addition, the use of automotive seals and gaskets is significantly increasing because of the pursuit of fuel efficiency by manufacturers in regard to vehicle performance, emission reduction, and fuel economy. The seals and gaskets are indispensable in the engines, transmissions, and exhaust systems as they hold fluids in and allow the equipment to operate fully.
Consumers and regulators now demand more fuel-efficient vehicles and as a single solution, manufacturers are shifting to advanced sealing technologies that include high-performance materials which reduce drag, improve thermal management, and increase powertrain efficacy. There is further increase in the market due to the need for novel sealing technologies for electric vehicles (EVs) to enhance the battery performance.
Automotive Seals and Gaskets Market Trends
There are extraordinary changes occurring in the materials used when it comes to automotive seals and gaskets and these changes have enormous implications on the industry. There is constant development in the materials and technology which gives rise to an opportunity for manufactures to fulfil the changing expectations of modern vehicles. The use of high temperature resistant elastomers, composite materials, and low weight alloys increases the longevity, heat tolerance, and sealing capabilities of seals and gaskets.
All these factors are essential for construction of engine systems, transmissions, and even EV components. The gaskets for the batteries of EVs also require new materials that can cope with thermal and electromagnetic interference. For instance, silicone gaskets have great heat tolerance for battery packs, and lightweight composites reduce the weight of the vehicle which enhances efficiency.
Furthermore, these new advancements alongside improving performance and compliance help to mitigate some environmental challenges in the industry which enables them to meet regulations. This increase in performance, compliance, and reduction of environmental impact helps seal and gaskets gain acceptance everywhere hence improving the global market of automotive seals and gaskets.
An example, in May 2024, NOK and Eneos worked together to create a brand new ‘self-lubricating rubber’ for automotive sealing materials. The objective of this new material is to increase seal performance by decreasing the sealing friction that is conventionally associated with elastomer components. Self-lubricating rubber is synthesized with certain additives that, over time, exude from the material and create an exceptionally low friction surface.
This feature assists in reducing seal wear and increasing the service life of automotive seals. In addition, the material is tailored to function in extreme conditions because it will be used in high automotive applications with different temperature ranges.
When it comes to the automotive seals and gaskets sector, the volatility of raw material prices is a challenge. These fluctuations affect the production firm's cost of production and profit. The prices of rubber, metals, and composites are important in this regard and are highly dependent on chain disruptions, political tensions, and crude oil prices since it is a key input for synthetic rubber. Manufacturers find it challenging to devise long term pricing strategies due to such uncertainty. Small to medium sized suppliers are unable to sustain the rising costs and are likely to get absorbed by bigger firms, leading to automotive seals and gaskets market consolidation.
Moreover, manufacturers from the automotive industry, by virtue of the demand being very cost elastic, are unable to increase prices to offset these expenses to the customers which adversely impact profit margins. This phenomenon simultaneously increases focus on material efficiency and other cost-effective alternatives. In an indirect manner, these obstacles limit or complicate innovation and production processes.
Automotive Seals and Gaskets Market Analysis
Based on the material, the market is segmented into rubber (nitrile, EPDM, silicone, etc.), metals (stainless steel, aluminum, etc.), composites (graphite, fiberglass, etc.), and plastics & polymers. In 2024, the rubber segment accounted for over 45% of the automotive seals and gaskets market share and is expected to exceed USD 15 billion by 2034. Rubber leads the industry of automotive seals and gaskets because of its excellent flexibility, tear resistance, and cost advantages. Select EPDM, silicone, and nitrile rubbers tend to be temperature, chemical, ozone and UV light tolerant which makes them easier to use.
For these reasons, rubber is used in all engines and critical parts of automobiles, such as O-rings and weather seal gaskets. At the same time, rubbers are very efficient in providing effective sealing in dynamic conditions and help minimize leakage, which increases the overall efficiency of the vehicle. Furthermore, because rubbers are much lighter density materials, all vehicles benefit from improved performance and the automotive industry meets fuel consumption objectives. The increased production of electric vehicles also raises the requirement of rubber gaskets and seals due to their superb insulating property and effective thermal management.
Based on the vehicle, the automotive seals and gaskets market is divided into passenger vehicles and commercial vehicles. The passenger vehicles segment held around 74% of the market share in 2024. The production of passenger cars is more concentrated in the Asia-Pacific, Europe, and North America. An increase in the affordability of consumers in addition to economic development and urbanization creates a demand for personal electric and hybrid automobiles which means there is also higher demand for advanced sealing and gasket solutions.
Such sealing and gaskets are essential to manage the heat generated, contain fluids, and reduce noise. Seals and gaskets that have a better overall performance are required to meet the ever-increasing restrictions on emissions and to achieve better fuel economy. In addition, the protection and comfort of passengers in the vehicle call for better sealing systems for the HVAC and brake systems which makes their market position more secure.
In 2024, the Asia Pacific region accounted for a automotive seals and gaskets market share of over 40% and is expected to exceed USD 17 billion by 2034. China leads the market in the Asia Pacific region and is expected to exceed USD 7.5 billion by 2034. China’s automotive seals and gaskets market is booming due to an increasing automotive production and consumption in the region. Electric and hybrid vehicles made in China demand for better sealing technologies to enhance thermal management and efficiency.
Abundant electrical and mechanical automotive OEMs and tier-1 suppliers in the region propel the development of innovative gasket and sealing technologies. Government policies promoting EV use and stricter emission limits stimulate further market expansion. At the same time, the aftermarket segment is profiting from a massive vehicle population that creates demands for service and replacement parts.
In North America, the demand in the automotive seals and gaskets market makes the area lucrative due to strong automotive production and developed aftermarket services. In the modification and development of electric vehicles, it is the United States that pulls regional demand. Environmental optimization measures are calling for better sealing technologies in order to achieve emission and fuel economy goals. Furthermore, technology innovation and the existence of leading automotive firms and providers widen the market's territory. The development of the North American market is also positively influenced by the growth in logistics and E-commerce industries, which is increasing the demand for commercial vehicles.
With the region being home to significant players in automotive manufacturing, Europe is also a key automotive seals and gaskets market owing to more developed automotive technology. Germany, France, Italy, and the UK provide substantial amounts due to their powerful automotive industries and their adaptation to new technologies. The region's stringent environmental regulations promote the adoption of high-performance sealing solutions to enhance the efficiency of the vehicles and reduce emissions.
Besides, with the rising popularity of electric and hybrid type vehicles these days, there is a necessity for more unique seals and gaskets. Europe has high demand for aftermarket services, which also greatly aids the demand for replacement parts.
The Middle East and Africa region is encouraged by the rising requirements of commercial vehicles in construction and logistics and makes a considerable contribution to the automotive seals and gaskets market. The growth in auto production in countries like South Africa and the GCC regions further strengthens the regional growth. Latin America is showing good progress in the market with the strong automotive production and export in Brazil and Mexico as they are the main contributors. Also, increasing demand of aftermarket drives the market further.
Automotive Seals and Gaskets Market Share
SKF Group, NOK Corporation, and Trelleborg AB collectively held a substantial market share of over 13% in the automotive seals and gaskets industry in 2024. SKF Group implements strategy focused on the company delivering high-performance seals and gaskets with rigorous emphasis on sustaining and reducing CO2 emission. They also seek to increase production range of sorts for electric vehicles and hybrid technologies, while increasing efficiency in production. Also, SKF invests in digitalization with the aim of improving product design and increasing the predictive maintenance capacity for their automotive clients.
NOK Corporation accelerates collaboration with OEMs for the development of custom designed seals and gaskets for electric and hybrid vehicles. It focuses primarily on innovation engineered rubber and elastomer gaskets. NOK’s strategy also incorporates enhancement of sustainable materials, durability and production techniques to significantly improve competitiveness in the growing automotive market.
Trelleborg AB traces its focus within the automotive sector to the development of sealing and damping solutions for electric and hybrid vehicles, moving towards the more traditional internal combustion engines. Their approach consists of working with major players in the automotive industry to provide effective sealing solutions that enhance energy efficiency and diminish noise. Trelleborg considers manufacturing and sustainability as one of their focal areas to produce both environmentally friendly products as well as maintain the desired level of quality.
Automotive Seals and Gaskets Market Companies
Major players operating in the automotive seals and gaskets industry are:
International rivals dominate this automotive seals and gaskets market through mergers and acquisitions as well as a broad range of modernized seals and gaskets that withstand high pressures/ temperatures, are precisely crafted, and are suitable for contemporary vehicle systems. Their concentration on new products, such as novel lightweight polymeric materials with high temperature stability and modern, high performance sealing technologies, has strengthened their position within international markets, especially in areas with harsh emission and performance specifications.
The advances in sealing technology for electric vehicles, hybrid vehicles, and turbocharged engines have created a significant opportunity, which is forcing local players to either develop new products or form partnerships with larger global companies. The region is expected to experience acceleration in market consolidation due to greater levels of M&A activity, as local firms seek to close the existing technology gaps and improve their competitive advantage. Such change is likely to alter the structure of competition in the automotive seals and gaskets industry, leading to an increased level of innovation and implementation of new advanced sealing technologies around the world faster.
Automotive Seals and Gaskets Industry News
The automotive seals and gaskets market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipments (Units) from 2021 to 2034, for the following segments:
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Market, By Product
Market, By Vehicle
Market, By Material
Market, By Application
Market, By Sales Channel
The above information is provided for the following regions and countries: