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Automotive valve stem seal is one of the significant element of the vehicle engine which plays a major role in the lubrication. These valve stem seals are smaller in size as compared to other seals and gaskets in an engine. These seals are designed in such a way that they leak the lubricants allowing a precise and controlled leaking from the valve to achieve the desired flow. The valve stem seal has to be precisely controlled, as less lubricant can cause wearing leading to carbon build-up thus damaging the valve seal, increase emission and lead to excess oil consumption. These seals enhances the emission quality and improves the performance of the engine of the vehicles by withstanding extreme pressure and temperature. Both gasoline as well as diesel engines can be fitted with valve stem seals. The severe technological changes is among the major reasons to drive the automotive valve stem seal market. The increase in the sales and production of vehicles is expected to boost the demand for automotive valve stem seal in the global market.
Key Market Driver -
Increase in the number of sales of vehicles is expected to drive the growth of the market in the forecast period.
Key Market Restraint -
Excessive leakage issues owed to the wearing out of valve stem seals may hinder the growth of the market during the forecast period
Globally, the automotive valve stem seal market is segmented by product type, by application type, and by geographic coverage. The product type segment is further divided into integrated seal and non-integrated seal. The integrated seal holds the major share in the global market. The valve spring firmly maintains the integrated design, thereby eliminating the lifting of the valve guide seal. The integrated valve stem seal also reduces the oil metering speed, thereby reducing the amount of oil sealed through the valve guide. It is also equipped with a spring seat to prevent the cylinder head from wearing. The application type is further segmented into gasoline engine and diesel engines. The gasoline engines accounts for the largest share in the global market and is expected to maintain its dominance in the market over the forecast period owing to the increasing demand for gasoline fuelled vehicles. Gasoline is the main energy source for majority of the vehicles. Gasoline engines are highly efficient as compared to the diesel engines. A large number of vehicles are integrated with gasoline engines, thus increasing the demand for automotive valve stem seals. However, diesel engines also shows a significant growth in the global market. Diesel engines emits more gases and generates more heat in comparison with gasoline engine vehicles. Thus, the automotive valve stem seal market is projected to grow in the diesel engine market in order to reduce vehicular fuel emissions concerns as well as enhance the performance of the vehicles.
Major players operating in the global automotive valve stem seal market include SKF, ShangYu, Federal-Mogul, Qingdao TKS, Keeper, NOK-Freudenberg, Dana Incorporated, and ElringKlinger AG, among others.
Geographically, the automotive valve stem seal market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific is the leading region as compared to the other regions as it is the largest shareholder in the global automotive valve stem seal market. The automotive industry is rapidly expanding in this region especially in the developing countries such as India, China, and Indonesia. Moreover, the increasing technological advancements and sealing capabilities for automobiles are expected to create high demand for functional and high-performance products in the automotive industry. Europe region follows after Asia Pacific in the global automotive valve stem seal market. Countries including France, Germany, and Italy are the major contributors for the high growth of the market owing to the presence of prominent automotive manufacturers in these countries. North America also shows an exponential growth in the global market owing to the
The increase in production of vehicles along with the rise in the demand has led OEMs to establish manufacturing plants in Canada and Mexico. Automobile companies have established automotive and components manufacturing plants in several American countries and expect to achieve higher growth in the next few years.
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