Automotive Oil Seal Market

The global Automotive Oil Seal market was valued at 45.62 Million USD in 2021 and will grow with a CAGR of 4.67% from 2021 to 2027, based on Research newly published report.

The prime objective of Automotive Oil Seal Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Oil Seal Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Oil seals are used for automobile engines and geared motors, and are designed mainly to prevent oil leakage from the end of a rotating shaft, or dust intrusion from the outside air.Oil seals serve to prevent the leakage not only of lubricants, but also water, chemicals, and gas from "gaps" in machinery. Oil seals also serve to prevent the intrusion of dust, soil and sand from the outside air. At present, in the foreign industrial developed countries the automotive oil seal industry is generally at a more advanced level, the world`s large enterprises are mainly concentrated in the United States, Europe, Japan, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies` manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese automotive oil seal production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase. Geographically in the consumption side, Europe is the largest region accounting for 30.44% of the global market in 2017 and is estimated to decline to 23.19% of the global market by the end of 2025. China is expected to hold about 24.42% of the global market share in 2017 and is expected to increase to 30.67% by the end of 2025. North America is expected to hold about 22.26% of the global market share in 2017 and is expected to be stable in terms of market share until 2025.

By Market Verdors:

Freudenberg

Parker Hannifin

NOK

Hutchinson

SKF

ElringKlinger

Federal Mogul

Dana

Trelleborg

Timken

Saint Gobain

NAK

Zhongding Group

Star Group

DUKE Seals

Fenghang Rubber

TKS Sealing

OUFO Seal

HilyWill

By Types:

HNBR/NBR Oil Seal

ACM/AEM Oil Seal

FKM/FPM Oil Seal

PTFE Oil Seal

By Applications:

Passenger Vehicle

Commercial Vehicle

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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