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Gaskets and Seals Market: Current Trends, Opportunities, Challenges & Global Industry Analysis By 2021

Gaskets and Seals Market
Gaskets and Seals Market

Gaskets are component placed between two stationary machine parts to avoid leakage. Seals are assemblies placed between two moving parts of machines to prevent the effusion of any vapor, liquid or gas. Seals protect from an insertion of dirt, contamination and pollution and environmental damage. Gasket integrates to any misalignment or irregularities on the surface, providing a complete seal.

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Gaskets and seals are widely used in automobiles, manufacturing plants, machinery, and others. Rapid industrialization and growing urbanization drive the gaskets and seals market. Attributes like high compression and sustain high heat and pressure are anticipated to show accelerate growth of gaskets and seals market. However, replacement of mechanical components by the electrical components is expected to impede the growth of gaskets and seals market. Nevertheless, use of light weight mechanical components is likely to open new market avenues in the near future.

The report provides a comprehensive view of the gaskets and seals market we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the gaskets and seals market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

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Ring joints, cork gasket, metallic gaskets, spiral wound gaskets, rubber gasket and non-asbestos gasket among others are some of the types of gaskets, while rotary seal, lip seal, mechanical seal and o-ring seal among others are types of seals. Based on the materials, gaskets and seals market is segmented into graphite, rubber gasket, fiber, silicone gasket and PTFE among others. Some of the key end users for gaskets and seals include marine and rail, electronics and electrical, automotive, machinery and aerospace among others.

Geographically, gaskets and seals market have been segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Extensive growth of industrial sector in Asia-Pacific majorly in India and China leads the growth of the gaskets and seals market. North America followed by Europe is estimated to experience the fastest growth of gasket and seals market.

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Datwyler Holding Inc., Freudenberg Sealing Technologies, Flowserve Corporation, Gmbh & Co. Kg, Victor Gaskets India Limited, Smiths Group PLC, Federal-Mogul Holdings Corporation and Dana Holding Corporation among others are the major key participants for gaskets and seals market.

This report segments the gaskets and seals market as follows:

Gaskets and Seals Market: Type Segment Analysis

  • Gaskets
    • Ring joints
    • Cork gasket
    • Metallic gaskets
    • Spiral wound gaskets
    • Rubber gasket
    • Non-asbestos gasket
    • Other
  • Seals
    • Rotary seal
    • Lip seal
    • Mechanical seal
    • O-ring seal
    • Other

Gaskets and Seals Market: Material based Segment Analysis

  • Graphite
  • Rubber gasket
  • Fiber
  • Silicone
  • PTFE
  • Other

Gaskets and Seals Market: End-user Segment Analysis

  • Marine and Rail
  • Electronics and Electrical
  • Automotive
  • Machinery
  • Aerospace
  • Other

Gaskets and Seals Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia-Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East & Africa

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