Report cover image

Gaskets & Seals Market by Products (Gaskets, Seals), Application (Aerospace, Automotive, Chemicals & Petrochemicals), Distribution Channel - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 181 Pages
SKU # IRE18443981

Description

Gaskets & Seals Market by Products (Gaskets, Seals), Application (Aerospace, Automotive, Chemicals & Petrochemicals), Distribution Channel - Global Forecast 2024-2030


The Gaskets & Seals Market size was estimated at USD 6.05 billion in 2023 and expected to reach USD 6.44 billion in 2024, at a CAGR 7.20% to reach USD 9.84 billion by 2030.Gaskets & seals generally fill the space between two or more mating surfaces to prevent leakage. Gaskets & seals are required in various equipment to maintain their timely function as these products help prevent leakage of any form of liquid and gas. Gaskets & seals are significantly employed to contain pressure, avoid contamination from outside particles, and ensure high performance and safety involving fluid or gas systems operating under pressure. Moreover, various government emission reduction policies and the importance of gaskets in minimizing fugitive emissions are increasing the use of gaskets & seals. However, the price volatility of raw materials and design complexities significantly impedes the adoption of gaskets & seals. In addition, the emerging use of 3D printing for the customized production of gaskets & seals and the popularity of smart gaskets and cognitive sealing are creating robust opportunities for developing gaskets & seals.Regional InsightsThe gaskets & seals market in the Americas is advanced, driven by the presence of well-established players focused on offering customized and smart gaskets to meet the changing requirements of the end-user industries. The region has high growth in the automotive & aerospace sector, which observes constant innovation in parts and components, requiring advanced gaskets & seals. Asia-Pacific region has a sufficient supply of raw materials such as rubber, plastic, and fiber, making the region one of the ideal spaces for expanding the manufacturing base of gaskets for international manufacturers. The region is also home to regional players mostly catering to the native automotive, aerospace, and oil & gas industries. Europe provides strict standards for the quality and manufacturing of gaskets & seals, encouraging the market players to maintain high-quality production and improve their value chain. The Middle East and African region is primarily supported by their diverse supplier portfolio and collaboration activities of manufacturing and oil & gas industries with the market players for sustained provision of gaskets & seals.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Gaskets & Seals Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Gaskets & Seals Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Gaskets & Seals Market, highlighting leading vendors and their innovative profiles. These include Armacell LLC, Banco Products (I) Ltd., Boyd Corporation, Bruss Sealing System GmbH, CGR Products, Champion Seals India Pvt. Ltd., Crown Gaskets Pvt. Ltd., Custom Gasket Manufacturing, Dätwyler Holding Inc., Economy Die & Gasket, Inc., ElringKlinger AG, Erith Group, Flexitallic, GmbH, Flowserve Corporation, Freudenberg FST GmbH, Garlock, an Enpro (NYSE: NPO) Company., Gasket Express, James Walker Group Limited, Magnum Diesel Parts, Mercer Gasket & Shim, Parker-Hannifin Corporation, Saunders, A Division of R.S. Hughes Co., Inc., Sealing Devices Inc., SKF Group, Smiths Group PLC, Teadit, Technetics Group, Tenneco Inc., Trelleborg AB, W. L. Gore & Associates, Inc., and XTO, Inc..

Market Segmentation & Coverage



This research report categorizes the Gaskets & Seals Market to forecast the revenues and analyze trends in each of the following sub-markets:

Products
Gaskets
Corrugated Metal Gasket

Grooved Gaskets

Jacketed Gaskets

Ring Joint Gaskets

Rubber Sheet Material Gasket

Spiral Wound Gaskets
Seals
Hydraulic Seals

Rotary Seals

Shaft Seal
Application
Aerospace
Automotive
Chemicals & Petrochemicals
Electrical & Electronics
Industrial & Manufacturing
Marine & Rail
Oil & Gas
Distribution Channel
Offline
Online
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Gaskets & Seals Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Gaskets & Seals Market?
3. What are the technology trends and regulatory frameworks in the Gaskets & Seals Market?
4. What is the market share of the leading vendors in the Gaskets & Seals Market?
5. Which modes and strategic moves are suitable for entering the Gaskets & Seals Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

181 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Gaskets & Seals Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Government emission reduction policies and importance of gaskets in minimizing fugitive emissions
5.1.1.2. Increasing use of advanced materials in manufacturing gaskets and seals
5.1.1.3. Growing investment in renewable energy and need for improved gaskets
5.1.2. Restraints
5.1.2.1. Price volatility of raw materials and the need for regular maintenance and lubrication
5.1.3. Opportunities
5.1.3.1. Potential use of 3D printing for customized production of gaskets and seals
5.1.3.2. Emerging popularity of smart gaskets and cognitive sealing
5.1.4. Challenges
5.1.4.1. Design complexities and manufacturing difficulties of gaskets & seals
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Gaskets & Seals Market, by Products
6.1. Introduction
6.2. Gaskets
6.3.1. Corrugated Metal Gasket
6.3.2. Grooved Gaskets
6.3.3. Jacketed Gaskets
6.3.4. Ring Joint Gaskets
6.3.5. Rubber Sheet Material Gasket
6.3.6. Spiral Wound Gaskets
6.3. Seals
6.4.1. Hydraulic Seals
6.4.2. Rotary Seals
6.4.3. Shaft Seal
7. Gaskets & Seals Market, by Application
7.1. Introduction
7.2. Aerospace
7.3. Automotive
7.4. Chemicals & Petrochemicals
7.5. Electrical & Electronics
7.6. Industrial & Manufacturing
7.7. Marine & Rail
7.8. Oil & Gas
8. Gaskets & Seals Market, by Distribution Channel
8.1. Introduction
8.2. Offline
8.3. Online
9. Americas Gaskets & Seals Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Gaskets & Seals Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Gaskets & Seals Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. Align Capital acquires Las Vegas firm for its Marco Rubber platform company
12.3.1.2. Birmingham Fastener Announces Acquisition of Rubber Gasket Company, Champion
12.3.1.3. Datwyler expands portfolio with complementary strategic acquisition
12.3.2. Agreement, Collaboration, & Partnership
12.3.2.1. Major new contract win for Alba
12.3.3. New Product Launch & Enhancement
12.3.3.1. Dow launches a new series of liquid silicone rubbers
12.3.3.2. Trelleborg launches new flat gasket range
12.3.4. Investment & Funding
12.3.4.1. Erith Group invests in a sealing factory that will reduce import to the UAE
12.3.5. Award, Recognition, & Expansion
12.3.5.1. Seal & Design plans expansion in Clarence
12.3.5.2. Ford gasket supplier begins major expansion in Mexico
12.3.5.3. Flexitallic relocates in expansion plan
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Armacell LLC
13.1.2. Banco Products (I) Ltd.
13.1.3. Boyd Corporation
13.1.4. Bruss Sealing System GmbH
13.1.5. CGR Products
13.1.6. Champion Seals India Pvt. Ltd.
13.1.7. Crown Gaskets Pvt. Ltd.
13.1.8. Custom Gasket Manufacturing
13.1.9. Dätwyler Holding Inc.
13.1.10. Economy Die & Gasket, Inc.
13.1.11. ElringKlinger AG
13.1.12. Erith Group
13.1.13. Flexitallic, GmbH
13.1.14. Flowserve Corporation
13.1.15. Freudenberg FST GmbH
13.1.16. Garlock, an Enpro (NYSE: NPO) Company.
13.1.17. Gasket Express
13.1.18. James Walker Group Limited
13.1.19. Magnum Diesel Parts
13.1.20. Mercer Gasket & Shim
13.1.21. Parker-Hannifin Corporation
13.1.22. Saunders, A Division of R.S. Hughes Co., Inc.
13.1.23. Sealing Devices Inc.
13.1.24. SKF Group
13.1.25. Smiths Group PLC
13.1.26. Teadit
13.1.27. Technetics Group
13.1.28. Tenneco Inc.
13.1.29. Trelleborg AB
13.1.30. W. L. Gore & Associates, Inc.
13.1.31. XTO, Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. GASKETS & SEALS MARKET RESEARCH PROCESS
FIGURE 2. GASKETS & SEALS MARKET SIZE, 2023 VS 2030
FIGURE 3. GASKETS & SEALS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GASKETS & SEALS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GASKETS & SEALS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. GASKETS & SEALS MARKET DYNAMICS
FIGURE 7. GASKETS & SEALS MARKET SIZE, BY PRODUCTS, 2023 VS 2030 (%)
FIGURE 8. GASKETS & SEALS MARKET SIZE, BY PRODUCTS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GASKETS & SEALS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. GASKETS & SEALS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. GASKETS & SEALS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 12. GASKETS & SEALS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS GASKETS & SEALS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS GASKETS & SEALS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES GASKETS & SEALS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES GASKETS & SEALS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC GASKETS & SEALS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC GASKETS & SEALS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA GASKETS & SEALS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA GASKETS & SEALS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. GASKETS & SEALS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. GASKETS & SEALS MARKET SHARE, BY KEY PLAYER, 2023

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us