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Nov 24, 2020 (The Expresswire) —
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global “Automotive Oil Seal Market” forecast 2020-2026 report study gives information of the market across different market segments, geographical regional analysis, and examination on drivers, restraints, key trends and opportunities. Also, Automotive Oil Seal market report primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
Automotive Oil Seal market size report contains growth rate, revenue, segmentation with product type, application, end-users, regions, manufacturers, and more.
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About Automotive Oil Seal Market:
● 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. ● At present, in the foreign industrial developed countries the automotive oil seal industry is generally at a more advanced level, the world’s large enterprises are mainly concentrated in the United States, Europe, Japan, etc. Meanwhile, foreign companies have more advanced equipment, strong R and D capability, the technical level is in a leading position. But foreign companiesâ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese automotive oil seal production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase . ● The global Automotive Oil Seal market size is projected to reach USD 7383.1 million by 2026, from USD 5572.7 million in 2020, at a CAGR of 4.8% during 2021-2026. ● The global Automotive Oil Seal market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Oil Seal market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Top Key Manufacturers in Worldwide Automotive Oil Seal Market Are:
● 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
Automotive Oil Seal Market Report Segment by Types:
● HNBR/NBR Oil Seal ● ACM/AEM Oil Seal ● FKM/FPM Oil Seal ● PTFE Oil Seal ● Other Oil Seal
Automotive Oil Seal Market Report Segmented by Application:
● Passenger Vehicle ● Commercial Vehicle
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