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Food Processing Seals Market by Material and Geography - Global Forecast and Analysis 2019-2023

Global Food Processing Seals Market: About this market

Technavio’s food processing seals market analysis considers sales from metals, face materials, elastomers, and others in APAC, Europe, North America, South America, and MEA. In 2018, the metals segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as higher frictional coefficients will play a significant role in the metals segment to maintain its market position. Also, our global food processing seals market report looks at factors such as increasing demand for poultry, dairy, bakery, and confectionery products, growing demand for processed and convenience food, and stringent government regulations. However, volatility in raw material prices, seal-less equipment, and growing demand for fresh and organic food products may hamper the growth of the food processing seals industry over the forecast period.

Global Food Processing Seals Market: Overview

Growing demand for processed and convenience food

Consumer dependency has increased on processed food because of busy lifestyles and time restraints. Due to an increase in urban population along with high urban populationincome, there is a rise in the demand for processed food. This leads to the surge in the number of quick-service restaurants (QSR), especially in some of the developing countries of Asia (India, Indonesia, and Thailand). Thus, growth in the processed food industry directly increases the demand for seals as seals help maintain food hygiene and prevent contamination and leakage. This will lead to the expansion of the global food processing seals market at a CAGR of almost 4% during the forecast period.

Increasing merger and acquisitions

The seals are the mostly undifferentiated products with little scope of organic innovation which is making the companies to move toward inorganic means of growth. Inorganic growth in the global food processing seals market has increased, and large players are buying small regional players to expand geographically and increase their product offerings. Merger and Acquisitions (M&A) not only benefit the seal industry but also other markets, such as fluid control, gaskets, and valves. Due to which vendors are aiming to expand the portfolio of products and offer them as a solution. This increasing M&A is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global food processing seals market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global food processing seals market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position. , and iIn line with this, this report provides a detailed analysis of several leading food processing seals manufacturers, that include A.E.S. Engineering Ltd., A.W. Chesterton Co., CDK Engineering Services Ltd., EnPro Industries Inc., Flowserve Corp., Freudenberg SE, IDEX Corp., James Walker Group Ltd., Meccanotecnica Umbra Spa, Smiths Group Plc.

Also, the food processing seals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY MATERIAL
Market segmentation by material
Comparison by material
Metals - Market size and forecast 2018-2023
Face materials - Market size and forecast 2018-2023
Elastomers - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by material
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Increasing merger and acquisitions
Growing product innovation
Food industry shifting toward Industry 4.0
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
A.E.S. Engineering Ltd.
A.W. Chesterton Co.
CDK Engineering Services Ltd.
EnPro Industries Inc.
Flowserve Corp.
Freudenberg SE
IDEX Corp.
James Walker Group Ltd.
Meccanotecnica Umbra Spa
Smiths Group Plc
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Exhibit 01: Vendors: Key product offerings
Exhibit 02: Global gasket and seals market
Exhibit 03: Segments of global gasket and seals market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Material - Market share 2018-2023 (%)
Exhibit 19: Comparison by material
Exhibit 20: Metals - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Metals - Year-over-year growth 2019-2023 (%)
Exhibit 22: Face materials - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Face materials - Year-over-year growth 2019-2023 (%)
Exhibit 24: Elastomers - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Elastomers - Year-over-year growth 2019-2023 (%)
Exhibit 26: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Others - Year-over-year growth 2019-2023 (%)
Exhibit 28: Market opportunity by material
Exhibit 29: Customer landscape
Exhibit 30: Market share by geography 2018-2023 (%)
Exhibit 31: Geographic comparison
Exhibit 32: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 34: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 36: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: North America - Year-over-year growth 2019-2023 (%)
Exhibit 38: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: South America - Year-over-year growth 2019-2023 (%)
Exhibit 40: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 42: Key leading countries
Exhibit 43: Market opportunity
Exhibit 44: Steel prices January 2018-January 2019 (approximate) ($ per metric ton)
Exhibit 45: Crude oil prices trend 2010-2018 ($ per barrel)
Exhibit 46: Impact of drivers and challenges
Exhibit 47: Vendor landscape
Exhibit 48: Landscape disruption
Exhibit 49: Vendors covered
Exhibit 50: Vendor classification
Exhibit 51: Market positioning of vendors
Exhibit 52: A.E.S. Engineering Ltd. - Vendor overview
Exhibit 53: A.E.S. Engineering Ltd. - Product segments
Exhibit 54: A.E.S. Engineering Ltd. - Organizational developments
Exhibit 55: A.E.S. Engineering Ltd. - Key offerings
Exhibit 56: A.W. Chesterton Co. - Vendor overview
Exhibit 57: A.W. Chesterton Co. - Product segments
Exhibit 58: A.W. Chesterton Co. - Organizational developments
Exhibit 59: A.W. Chesterton Co. - Key offerings
Exhibit 60: CDK Engineering Services Ltd. - Vendor overview
Exhibit 61: CDK Engineering Services Ltd. - Product segments
Exhibit 62: CDK Engineering Services Ltd. - Key offerings
Exhibit 63: EnPro Industries Inc. - Vendor overview
Exhibit 64: EnPro Industries Inc. - Product segments
Exhibit 65: EnPro Industries Inc. - Organizational developments
Exhibit 66: EnPro Industries Inc. - Geographic focus
Exhibit 67: EnPro Industries Inc. - Segment focus
Exhibit 68: EnPro Industries Inc. - Key offerings
Exhibit 69: Flowserve Corp. - Vendor overview
Exhibit 70: Flowserve Corp. - Business segments
Exhibit 71: Flowserve Corp. - Organizational developments
Exhibit 72: Flowserve Corp. - Geographic focus
Exhibit 73: Flowserve Corp. - Segment focus
Exhibit 74: Flowserve Corp. - Key offerings
Exhibit 75: Freudenberg SE - Vendor overview
Exhibit 76: Freudenberg SE - Business segments
Exhibit 77: Freudenberg SE - Organizational developments
Exhibit 78: Freudenberg SE - Geographic focus
Exhibit 79: Freudenberg SE - Segment focus
Exhibit 80: Freudenberg SE - Key offerings
Exhibit 81: IDEX Corp. - Vendor overview
Exhibit 82: IDEX Corp. - Business segments
Exhibit 83: IDEX Corp. - Organizational developments
Exhibit 84: IDEX Corp. - Geographic focus
Exhibit 85: IDEX Corp. - Segment focus
Exhibit 86: IDEX Corp. - Key offerings
Exhibit 87: James Walker Group Ltd. - Vendor overview
Exhibit 88: James Walker Group Ltd. - Business segments
Exhibit 89: James Walker Group Ltd. - Organizational developments
Exhibit 90: James Walker Group Ltd. - Key offerings
Exhibit 91: Meccanotecnica Umbra Spa - Vendor overview
Exhibit 92: Meccanotecnica Umbra Spa - Product segments
Exhibit 93: Meccanotecnica Umbra Spa - Organizational developments
Exhibit 94: Meccanotecnica Umbra Spa - Key offerings
Exhibit 95: Smiths Group Plc - Vendor overview
Exhibit 96: Smiths Group Plc - Business segments
Exhibit 97: Smiths Group Plc - Organizational developments
Exhibit 98: Smiths Group Plc - Geographic focus
Exhibit 99: Smiths Group Plc - Segment focus
Exhibit 100: Smiths Group Plc - Key offerings
Exhibit 101: Validation techniques employed for market sizing
Exhibit 102: Definition of market positioning of vendors

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