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Wednesday, August 23, 2023

Metallic gaskets is expected to remain the largest segment in the global automotive gasket market

An exciting new study from the team of Lucintel found that automotive gasket market is expected to reach $3.5 billion by 2028 with a CAGR of 5.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

The automotive gasket market is segmented based on material, application, vehicle type, end use industry, and region. In this market, metallic gasket is expected to remain the largest material, and passenger car segment is expected to remain the largest vehicle type. Players can benefit from the available opportunities like significantly growing automotive industry and the presence of a large number of OEMs, tier players, and raw material suppliers in the region.

Dana Incorporated, ElringKlinger AG, Talbros Automotive Components, Tenneco Incorporated, Nichias Corporation, Freudenberg Group, Yantai Ishikawa Sealing Technology, Kokusan Parts Industry, and Nippon Leakless Corporation are some of the major players profiled in this 150 page report.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the automotive gasket market by material (metallic gaskets, elastomeric gaskets, and other gaskets), application (inlet selection, central engine system, exhaust section, transmission system, battery, and others), vehicle type (passenger car, commercial vehicle, and medium & heavy duty vehicle), end use industry (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the automotive gasket market?

Q.4 What are some changing demands of customers in the automotive gasket market?

Q.5 What are the new developments in the automotive gasket market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this automotive gasket area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this automotive gasket market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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