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Industrial Gaskets Trends and Forecast
The future of the global industrial gaskets market looks promising with opportunities in the soft gasket, spiral wound gasket, ringjoint gasket, kammprofile gasket, jacketed gasket, and corrugated gasket markets. The global industrial gaskets market is expected to grow with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising demand in several applications in oil & gas, refineries, and chemical processing industries , and stringent leakage regulations by various environmental regulatory bodies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Industrial Gaskets by Segment
The study includes a forecast for the global industrial gaskets by type, application, and region.
Industrial Gaskets Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Metallic
• Non-Metallic
• Semi-Metallic
Industrial Gaskets Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Soft Gasket
• Spiral Wound Gasket
• Ringjoint Gasket
• Kammprofile Gasket
• Jacketed Gasket
• Corrugated Gasket
• Others
Industrial Gaskets Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Industrial Gaskets Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies industrial gaskets companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the industrial gaskets companies profiled in this report include-
• Hennig Gasket & Seals
• Mercer Gasket & Shim.
• Spira Power
• Flexitallic
• Spira Power
• Teadit
• Klinger
• Donit
• Goodrich Gasket
• James Walker
Industrial Gaskets Market Insights
Lucintel forecasts that semi-metallic is expected to witness the highest growth over the forecast period due to increasing adaption for chemical processing, industrial machinery, food & pharmaceutical, and pulp & paper industries.
Within this market, soft gasket will remain the largest segment due to large variety of elastomers, compressed non-asbestos, ptfe, flexible graphite, and high-temperature sheet products.
APAC is expected to witness highest growth over the forecast period due to increasing population, urbanization, and growing demand for energy.
Features of the Global Industrial Gaskets Market
Market Size Estimates: Industrial gaskets market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Industrial gaskets market size by type, application , and region in terms of value ($B).
Regional Analysis: Industrial gaskets market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application , and regions for the industrial gaskets market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the industrial gaskets market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for industrial gaskets market?
Answer: The global industrial gaskets market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the industrial gaskets market?
Answer: The major drivers for this market are rising demand in several applications in oil & gas, refineries, and chemical processing industries , and stringent leakage regulations by various environmental regulatory bodies.
Q3. What are the major segments for industrial gaskets market?
Answer: The future of the industrial gaskets market looks promising with opportunities in the soft gasket, spiral wound gasket, ringjoint gasket, kammprofile gasket, jacketed gasket, and corrugated gasket markets.
Q4. Who are the key industrial gaskets market companies?
Answer: Some of the key industrial gaskets companies are as follows:
• Hennig Gasket & Seals
• Mercer Gasket & Shim.
• Spira Power
• Flexitallic
• Spira Power
• Teadit
• Klinger
• Donit
• Goodrich Gasket
• James Walker
Q5. Which industrial gaskets market segment will be the largest in future?
Answer: Lucintel forecasts that semi-metallic is expected to witness the highest growth over the forecast period due to increasing adaption for chemical processing, industrial machinery, food & pharmaceutical, and pulp & paper industries.
Q6. In industrial gaskets market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increasing population, urbanization, and growing demand for energy.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the industrial gaskets market by type (metallic, non-metallic, and semi-metallic), application (soft gasket, spiral wound gasket, ringjoint gasket, kammprofile gasket, jacketed gasket, corrugated gasket, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Industrial Gaskets Market, Industrial Gaskets Market Size, Industrial Gaskets Market Growth, Industrial Gaskets Market Analysis, Industrial Gaskets Market Report, Industrial Gaskets Market Share, Industrial Gaskets Market Trends, Industrial Gaskets Market Forecast, Industrial Gaskets Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Industrial Gaskets Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Industrial Gaskets Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Industrial Gaskets Market by Type
3.3.1: Metallic
3.3.2: Non-metallic
3.3.3: Semi-metallic
3.4: Global Industrial Gaskets Market by Application
3.4.1: Soft Gasket
3.4.2: Spiral Wound Gasket
3.4.3: Ringjoint Gasket
3.4.4: Kammprofile Gasket
3.4.5: Jacketed Gasket
3.4.6: Corrugated Gasket
3.4.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Industrial Gaskets Market by Region
4.2: North American Industrial Gaskets Market
4.2.2: North American Industrial Gaskets Market by Application : Soft Gasket, Spiral Wound Gasket, Ringjoint Gasket, Kammprofile Gasket, Jacketed Gasket, Corrugated Gasket, and Others
4.3: European Industrial Gaskets Market
4.3.1: European Industrial Gaskets Market by Type: Metallic, Non-metallic, and Semi-metallic
4.3.2: European Industrial Gaskets Market by Application : Soft Gasket, Spiral Wound Gasket, Ringjoint Gasket, Kammprofile Gasket, Jacketed Gasket, Corrugated Gasket, and Others
4.4: APAC Industrial Gaskets Market
4.4.1: APAC Industrial Gaskets Market by Type: Metallic, Non-metallic, and Semi-metallic
4.4.2: APAC Industrial Gaskets Market by Application : Soft Gasket, Spiral Wound Gasket, Ringjoint Gasket, Kammprofile Gasket, Jacketed Gasket, Corrugated Gasket, and Others
4.5: ROW Industrial Gaskets Market
4.5.1: ROW Industrial Gaskets Market by Type: Metallic, Non-metallic, and Semi-metallic
4.5.2: ROW Industrial Gaskets Market by Application : Soft Gasket, Spiral Wound Gasket, Ringjoint Gasket, Kammprofile Gasket, Jacketed Gasket, Corrugated Gasket, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Industrial Gaskets Market by Type
6.1.2: Growth Opportunities for the Global Industrial Gaskets Market by Application
6.1.3: Growth Opportunities for the Global Industrial Gaskets Market by Region
6.2: Emerging Trends in the Global Industrial Gaskets Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Industrial Gaskets Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Industrial Gaskets Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Hennig Gasket & Seals
7.2: Mercer Gasket & Shim.
7.3: Spira Power
7.4: Flexitallic
7.5: Spira Power
7.6: Teadit
7.7: Klinger
7.8: Donit
7.9: Goodrich Gasket
7.10: James Walker
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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