Global Engine Cylinder Head Gasket Market Growth 2023-2029
The global Engine Cylinder Head Gasket market size is projected to grow from US$ 2641.3 million in 2022 to US$ 3462.2 million in 2029; it is expected to grow at a CAGR of 3.9% from 2023 to 2029.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
A cylinder head gasket is a part that seals the gap between the engine block and the cylinder head in an internal combustion engine. It prevents the leakage of coolant, oil, and combustion gases, and maintains the pressure and temperature of the engine. There are different types of cylinder head gaskets, such as multi-layer steel, solid copper, composite, and elastomeric. A cylinder head gasket can fail due to overheating, detonation, corrosion, or improper installation. A failed cylinder head gasket can cause white or blue smoke from the exhaust, loss of power or performance, overheating or coolant loss, or oil contamination or loss. A cylinder head gasket is an important component of an engine that requires proper care and maintenance.
LPI (LP Information)' newest research report, the “Engine Cylinder Head Gasket Industry Forecast” looks at past sales and reviews total world Engine Cylinder Head Gasket sales in 2022, providing a comprehensive analysis by region and market sector of projected Engine Cylinder Head Gasket sales for 2023 through 2029. With Engine Cylinder Head Gasket sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engine Cylinder Head Gasket industry.
This Insight Report provides a comprehensive analysis of the global Engine Cylinder Head Gasket 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 Engine Cylinder Head Gasket portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Engine Cylinder Head Gasket market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engine Cylinder Head Gasket 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 Engine Cylinder Head Gasket.
This report presents a comprehensive overview, market shares, and growth opportunities of Engine Cylinder Head Gasket market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Full Metal Liner
Metal-Composite Liner
Metal-Asbestos Liner
Segmentation by application
Gasoline Engine
Diesel Engine
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.
Elring
VICTOR REINZ
Atlas Gaskets
Phelps Industrial Products
Stephens Gaskets
RD Rubber Technology Corporation
Mercer Gasket & Shim
Fel-Pro
ElringKlinger
Dana Incorporated
Tonyco Gaskets
LEADING
Key Questions Addressed in this Report
What is the 10-year outlook for the global Engine Cylinder Head Gasket market?
What factors are driving Engine Cylinder Head Gasket market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Engine Cylinder Head Gasket market opportunities vary by end market size?
How does Engine Cylinder Head Gasket 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.