Global Industrial Gaskets Market, By Material Type (Semi-Metallic Industrial Gaskets, Non-Metallic Industrial Gasket and Metallic Industrial Gasket), Product Type (Soft Gaskets, Spiral Wound Gaskets, Ring Joint Gaskets, Kammprofile Gaskets, Jacketed Gaskets, Corrugated Gaskets and Others), End-Use (Refineries, Power Generation, Chemical Processing, Industrial Machinery, Pulp and Paper, Food and Pharmaceuticals, Textile, Water Treatment and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Industrial gaskets market is estimated to reach at USD 15 billion by 2027 and growing at a rate of 5.2% in the forecast period of 2020 to 2027. Urbanization and industrialization has resulted into rise in the number of manufacturing plants, automobile, machineries and other mechanical instruments which are driving the growth of the market.
Industrial gaskets are type of mechanical sealing devices which are used to fill irregularities in mating surfaces, as they are extensively used in the various devices which are used for food, pharmaceuticals, electrical, marine and others. Various type of industrial gaskets are spiral, soft, ring and others.
Extensive uses of industrial gaskets in the variety of end-use industries are driving the growth of the market. Rising demand for standardized sealing applications in the oil and gas industries is a key factor for the demand of the market. Features that support the attractiveness of this type of industrial gaskets are that they work well in high operating temperatures. However, Teflon industrial gaskets can manage aggressive fluids as they possess amazing chemical resistance characteristics and will create growth opportunities for industrial gaskets market in the forecast period of 2020-2027.
Rising availability of low cost asbestos based gaskets in the emerging markets will act as a restrain, and further challenge the growth of industrial gaskets market in the forecast period mentioned above.
The industrial gaskets market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions and technological innovations in the market. To gain more info industrial gaskets market on Data Bridge Market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Industrial Gaskets Market Scope and Market Size
Industrial gaskets market is segmented on the basis of material type, product type and end-use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the industrial gaskets market is segmented into semi-metallic industrial gaskets, non-metallic industrial gasket and metallic industrial gasket.
- On the basis of product type, the industrial gaskets market is segmented into soft gaskets, spiral wound gaskets, ring joint gaskets, kammprofile gaskets, jacketed gaskets, corrugated gaskets and others.
- Based on end-use, the industrial gaskets market is segmented into refineries, power generation, chemical processing, industrial machinery, pulp and paper, food and pharmaceuticals, textile, water treatment and others.
Global Industrial Gaskets Market Country Level Analysis
Industrial gaskets market is analysed and market size, volume information is provided by country, material type, product type and end-use as referenced above.
The countries covered in the industrial gaskets market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is dominating the industrial gaskets market as it is increasingly lucrative regional market for industrial gaskets and due to extensive demand for sealing applications in oil and gas, chemical and paper and pulp industries.
The country section of the industrial gaskets market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Industrial Gaskets Market Share Analysis
Industrial gaskets market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to industrial gaskets market.
The major players covered in the industrial gaskets market report are AMG Sealing Limited, Denver Rubber Company, Klinger Limited, Teadit, Flexitallic, GARLOCK FAMILY OF COMPANIES, Spira Power, lamons, Spitmaan, W. L. Gore & Associates, Inc Hennig Gasket & Seals Inc, James Walker, Denver Rubber Company, DONIT TESNIT d.o.o, Flexitallic, SMITH GASKETS, W. L. Gore & Associates, Inc, Temac, Phelps Industrial Products, Mercer Gasket & Shim, igp, James Walker, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Industrial Gaskets Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.