The North American region comprises of developed countries such as the U.S., Canada, and Mexico. However, the North American automotive gasket and seal market is dominated by the U.S., which is known as an automotive hub for renowned OEMs. The materials used in gasket fabrication have improved over time; silicone rubber has become a preferred material for gaskets and seals. Lightweight components in automobiles are sealed with high-strength gaskets and seals to endure high heat and pressure. This indirectly helps in improving fuel-efficiency of vehicles with increasing use of lightweight materials in vehicles. Furthermore, many OEMs are planning to set up vehicle production plants in Mexico and Canada, which in turn drives the demand for automotive gasket and seal market in the region. The North American automotive gasket and seal market is projected to grow at a CAGR of 7.33% from 2015–2020.
Browse 87 market data tables and 57 figures spread through 250 pages and in-depth TOC on “Automotive Gasket & Seal Market by Product Type (Gasket, Metallic Gasket, Non Metallic Gasket, Seals, Mechanical Seals, O Ring Seals, Lip Seals & Rotary Seals), by Vehicle Type (PC, LCV & HCV), by Geography - Global Forecast & Analysis to 2020
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