the “Seals and Gaskets Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.
The global gasket market reached a value of US$60.2 billion in 2021. Going forward, the market is expected to reach US$77.1 billion by 2027, growing at a CAGR of 4. 13% in 2022-2027.
The thriving automotive industry, along with the growing use of the products in the plumbing and construction industry, are the key factors driving the growth of the market. Due to increasing industrialization and rapid urbanization across the world, there is a significant increase in the number of manufacturing plants and factories that use seals and gaskets. The automotive industry uses the products extensively to prevent leaks or spills of fluids and gases.
Additionally, gaskets are used in engines to maintain pressure and prevent contaminated particles from entering, while gaskets are used as shock absorbers. They can also withstand extreme pressures, compressive loads and temperature variations due to which they are used in various sealing machines and equipment in the manufacturing sector. Additionally, the growth of e-commerce platform that provides manufacturers with direct and third-party operated distribution channels is also contributing to the growth of the market.
This report provides an analysis of key trends in each sub-segment of the global gaskets and seals market, as well as forecasts at the global and regional levels from 2022 to 2027. The report has categorized the market based on product, material, application, end use and region.
The report has also analyzed the competitive landscape of the market with some of the major players being AB SKF, Dana Incorporated, ElringKlinger, Flowserve, Trelleborg, Freudenberg Sealing Technologies, Federal-Mogul, Smiths Group, BRUSS Sealing Systems, Cooper Standard Holding, Garlock. Sealing Technologies, Daetwyler Holding, etc.
Answers to key questions
How has the global gaskets market behaved so far and how will it behave in the coming years?
What are the key regional markets within the global Seals and Gaskets market industry?
What Has Been Impact of COVID-19 on the Global Seals and Gaskets Market Industry?
What is the market breakdown by product?
What is the market breakdown based on material?
What is the market breakdown by application?
What is the market breakdown by end use?
What are the various stages in the industry value chain of the Global Gaskets and Gaskets Market?
What are the key industry drivers and challenges of the Global Seals and Gaskets Market?
What is the structure of the global gaskets market and who are the major players?
How competitive is the Global Gaskets and Seals Market industry?
Main topics covered
2 Scope and methodology
2.1 Objectives of the study
2.3 Data sources
2.3.1 Primary sources
2.3.2 Secondary sources
2.4 Market Estimation
2.4.1 Bottom-up approach
2.4.2 Top-down approach
2.5 Forecasting methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Seals and Gaskets Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakdown by Product
5.5 Market Breakdown by Material
5.6 Market Breakdown by Application
5.7 Market Breakdown by End Use
5.8 Market Breakdown by Region
5.9 Market Forecast
6 Market Breakdown by Product
7 Market Breakdown by Material
8 Market Breakdown by Application
8.2 Industrial machinery
8.3 Electricity and electronics
8.4 Maritime and Rail
8.6 Oil and Gas
8.7 Chemicals and petrochemicals
9 Market Breakdown by End Use
9.2 Secondary market
10 Market Breakdown by Region
10.3 North America
10.4 Middle East and Africa
10.5 Latin America
11 SWOT Analysis
12 Value chain analysis
13 Porter’s Five Forces Analysis
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 AB SKF
14.3.2 Dana Embedded
14.3.3 Elring Klinger
14.3.6 Freudenberg sealing technologies
14.3.8 Smiths Group
14.3.9 BRUSS sealing systems
14.3.10 Standard Cooper Operation
14.3.11 Garlock sealing technologies
14.3.12 Daetwyler Exploitation
For more information on this report, visit https://www.researchandmarkets.com/r/3k0yvx