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.
Global Automotive Oil Seal key players include Freudenberg, Parker Hannifin, NOK, etc. Global top three manufacturers hold a share about 40%.
Europe is the largest market, with a share over 25%, followed by China and North America, have a share over 40 percent.
In terms of product, HNBR/NBR Oil Seal is the largest segment, with a share about 60%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
The global Automotive Oil Seal market was valued at US$ 5474 million in 2020 and it is expected to reach US$ 7592.7 million by the end of 2027, growing at a CAGR of 4.8% during 2021-2027.
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- HNBR/NBR Oil Seal
- ACM/AEM Oil Seal
- FKM/FPM Oil Seal
- PTFE Oil Seal
- Other Oil Seal
Segment by Application
- Passenger Vehicle
- Commercial Vehicle
- Parker Hannifin
- Federal Mogul
- Saint Gobain
- Zhongding Group
- Star Group
- DUKE Seals
- Fenghang Rubber
- TKS Sealing
- OUFO Seal
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Mr. Shirish Gupta
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