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.
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.
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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.
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
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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 localized 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.
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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.
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.
