Gasket and Seals Market, By Product Type (Gaskets (Jacketed Gaskets, Solid Gaskets, Spiral Wound Gaskets and Kammprofile Gaskets) and Seals (Static Seals and Dynamic Seals)), By Sales Channel (OEM and Aftermarket), By Material Type (Metallic and Non-metal

Gasket and Seals Market, By Product Type (Gaskets (Jacketed Gaskets, Solid Gaskets, Spiral Wound Gaskets and Kammprofile Gaskets) and Seals (Static Seals and Dynamic Seals)), By Sales Channel (OEM and Aftermarket), By Material Type (Metallic and Non-metallic (Elastomeric and Others), By End-use Industry (Automotive, Aerospace, Machinery, Electronics & Electrical, Marine & Rail and Others)and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Gasket and seals are the materials used to prevent the passage of any foreign media through to and fro, the joined object while under compression. Gasket is a mechanical seal, which fills the space between two or more mating surfaces, in order to prevent leakage. Gaskets allow perfect mating surface wherein they can fill irregularities. Gasket and seals are widely used across all end-use industries. Depending upon the application, a different types of gasket and seals are used among various end-use industries. Spiral wound, jacketed, kammprofile, solid ring are among the key gasket types, while o-ring seal, body seals, mechanical seals, shaft seal, piston seal, etc. are the key seal types used in different applications.
Market Dynamics
Leakage from various industrial equipment can result in significant loss of material and indirect loss, in terms of labor and material cost of repair, environmental losses, wasted energy, sales due to downtime, etc. Both direct and indirect loses can incur a negative impact on a company’s operation in terms of revenue generation as well as diminishing the brand image in case of industrial accidents and claims for personal injury. Thus, these factors are expected to drive growth of the global gasket and seals market during the forecast period. There are various standards and regulations regarding reducing the environmental impact of leakage and fugitive emissions, have been in development from different government and environmental agencies. For instance, The EPA estimates that approximately 70.4 KT/year of volatile organic compounds (VOC) and 9.4 KT/year of hazardous air pollutants (HAP) are emitted from equipment leaks, which significantly contribute to the formation of ground-level ozone. Moreover, European Environmental Agency, Environmental Protection Agency, etc. are focused on the development of standards to control amount of the leaks. Thus, these factors are expected to propel the market growth in the near future.
Market Taxonomy
This report segments the Global Gasket and Seals Market on the basis of Product Type, Sales Channel , Material Type, End-use Industry and Region. On the basis of Product Type, Global Gasket and Seals Market is segmented into Gaskets (Jacketed Gaskets, Solid Gaskets, Spiral Wound Gaskets and Kammprofile Gaskets) and Seals (Static Seals and Dynamic Seals). On the basis of Sales Channel , the Global Gasket and Seals Market is segmented into OEM and Aftermarket. On the basis of Material Type, the Global Gasket and Seals Market is segmented into Metallic and Non-metallic (Elastomeric and Others. On the basis of End-Use Industry, the Global Gasket and Seals Market is segmented into Automotive, Aerospace, Machinery, Electronics & Electrical, Marine & Rail and Others. On the basis of region, Global Gasket and Seals Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:
This report provides an in-depth analysis of the Global Gasket and Seals Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Gasket and Seals Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Gasket and Seals Market includes Freudenberg & Co. KG, Henniges Automotive Holdings Inc., SKF AB, Banco Products (I) Lt, Federal-Mogul Holdings Corporation, Dana Incorporated, Smiths Group Inc. (John Crane), Trelleborg AB, Parker Hannifin Corp., and ElringKlinger AB.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, Material Type up gradation, market expansion, and marketing tactics
The global Gasket and Seals market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Gasket and Seals Market
Detailed Taxonomy:
Global Gasket and Seals Market, By Product Type:
Gaskets
 Jacketed Gaskets
 Solid Gaskets
 Spiral Wound Gaskets
 Kammprofile Gaskets
Seals
 Static Seals
 Dynamic Seals
Global Gasket and Seals Market, By Sales Channel :
OEM
Aftermarket
•Global Gasket and Seals Market, By Material Type:
Metallic
Non-metallic
 Elastomeric
 Others
•Global Gasket and Seals Market, By End-Use Industry:
Automotive
Aerospace
Machinery
Electronics & Electrical
Marine & Rail
Others
•Global Gasket and Seals Market, By Verticals:
BFSI
Retail and e-Commerce
IT and Telecommunication
Energy and Utility
Government Offices and Education
Aerospace and Defense
Healthcare
Manufacturing
Others (Transportation and Logistics)
Global Gasket and Seals Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
Banco Products (I) Lt
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Dana Incorporated
ElringKlinger AB.
Federal-Mogul Holdings Corporation
Freudenberg & Co. KG
Henniges Automotive Holdings Inc.
Parker Hannifin Corp.
SKF AB
Smiths Group Inc. (John Crane)
Trelleborg AB
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