Technology News & Trends

  The  global automotive gasket and seal market  is foretold to gain prominence with a snowballing emphasis on the design of effective and superior products that involve the application of top-quality material to endure high pressure and heat. The rising pressure on the automotive sector owing to environmental concerns and changes is pushing vehicle manufacturers to develop improved and innovative components. In this regard, new gaskets and seals could draw a swelling demand in the automotive sector. Thus, growing fuel-efficiency norms and rising production in this sector is forecast to bode well for the market. The global automotive gasket and seal market, as per Transparency Market Research (TMR), is foreseen to earn a valuation of US$84.0 bn by the end of 2022, from a US$63.2 bn attained in 2017, at a CAGR of 5.8%. Global Automotive Gasket and Seal Market: Major Insights The international automotive gasket and seal market is estimated to fortify its growth during the c...

The  global automotive gasket and seal market  is foretold to gain prominence with a snowballing emphasis on the design of effective and superior products that involve the application of top-quality material to endure high pressure and heat. The rising pressure on the automotive sector owing to environmental concerns and changes is pushing vehicle manufacturers to develop improved and innovative components. In this regard, new gaskets and seals could draw a swelling demand in the automotive sector. Thus, growing fuel-efficiency norms and rising production in this sector is forecast to bode well for the market. The global automotive gasket and seal market, as per Transparency Market Research (TMR), is foreseen to earn a valuation of US$84.0 bn by the end of 2022, from a US$63.2 bn attained in 2017, at a CAGR of 5.8%. Global Automotive Gasket and Seal Market: Major Insights The international automotive gasket and seal market is estimated to fortify its growth during th...