PUBLISHER: TechNavio | PRODUCT CODE: 1189241
PUBLISHER: TechNavio | PRODUCT CODE: 1189241
Technavio has been monitoring the gasket and seal materials market and is forecast to grow by $17.75 bn during 2022-2027, accelerating at a CAGR of 5.84% during the forecast period. Our report on the gasket and seal materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increase in demand from developing countries, the growing use of gasket and seal in improving the performance of engineering equipment, and growth in the automotive industry.
Technavio's gasket and seal materials market is segmented as below:
By End-user
By Application
By Geographical Landscape
This study identifies the growth in aftermarket sales as one of the prime reasons driving the gasket and seal materials market growth during the next few years. Also, growing demand from the renewable energy industry and stringent emission regulations will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gasket and seal materials market vendors that include A.W. Chesterton Co., AB SKF, Aesseal Plc, AMETEK Inc., Boyd Corp., Cooper Standard Holdings Inc., Dana Inc., ElringKlinger AG, EnPro Industries Inc., Excelsior Inc., Flowserve Corp., Freudenberg SE, HEXPOL AB, Meccanotecnica Umbra SPA, Parker Hannifin Corp., Sealmax, Stockwell Elastomerics Inc., Tenneco Inc., Trelleborg AB, and VALQUA Ltd. Also, the gasket and seal materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Exhibits: