Global Automotive Oil Seal Market Growth 2023-2029

Global Automotive Oil Seal Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Automotive Oil Seal Industry Forecast” looks at past sales and reviews total world Automotive Oil Seal sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Oil Seal sales for 2023 through 2029. With Automotive Oil Seal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Oil Seal industry.
This Insight Report provides a comprehensive analysis of the global Automotive Oil Seal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Oil Seal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Oil Seal market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Oil Seal and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Oil Seal.
The global Automotive Oil Seal market size is projected to grow from US$ 5606.4 million in 2022 to US$ 7877.9 million in 2029; it is expected to grow at a CAGR of 7877.9 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Oil Seal market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
HNBR/NBR Oil Seal
ACM/AEM Oil Seal
FKM/FPM Oil Seal
PTFE Oil Seal
Other Oil Seal
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Oil Seal market?
What factors are driving Automotive Oil Seal market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Oil Seal market opportunities vary by end market size?
How does Automotive Oil Seal break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.