The global bearing market is expected to grow at a CAGR of 6% through 2030,
and bearings are now an integral part of mechanical components. In addition,
competition among bearing manufacturers continues to intensify and demand in the global market is increasing,
so many experts expect the bearing industry to grow.
Already well-known bearing manufacturer brands are leading the way with their superior bearing manufacturing technology,
and they are keen to establish themselves in China, an important bearing market.
Automotive metal seals market size expected to grow to millions of dollars
The automotive metal seals market is expected to grow to several million USD by 2032, according to experts,
who have inferred from various inputs such as current market trends, statistics, and competitive landscape.
The role and importance of metal seals in the automotive industry
Automotive metal seals play an important role in preventing oil leakage in automobiles and are one of the major components of automobiles such as bearings and hubs.